Cove Monitoring Plans
|Plan||Price||Promo Price||Contract Length|
|Cove Basic (Fully-Paid Equipment)||$14.99/mo||-||-|
|Cove Plus (Fully-Paid Equipment)||$24.99/mo||-||-|
|Cove Basic (Financed Equipment)||$24.99/mo||-||36 mo|
|Cove Plus (Financed Equipment)||$34.99/mo||-||36 mo|
Cove Monitoring Plans Explained
Cove is a hip and young company with an innovative pricing structure. Technically, they only offer two monitoring plans: Cove Basic and Cove Plus. However, the pricing adapts to how you want to pay for your equipment. If you pay in full upfront, you'll get Cove Basic for $14.99/month and Cove Plus for $24.99/month with a month-to-month contract, meaning, you can cancel anytime. If you choose to finance your system (36-month, 0% APR), Cove Basic will cost you $24.99/month while Cove Plus will cost you $34.99/month. A three-year contract is also required, but in case you want to cancel the service, you can simply pay your equipment fee dues to avoid penalties.
Now that we've got the pricing differences out of the way, let's talk about features. Both plans offer 24/7 professional monitoring for intrusion and environment (fire, CO & flood), text and call alerts, Cove LiveAssist (two-way talk via control panel during emergencies), Smash & Grab Protection, 24-hour battery backup, and hourly automated system checks. Cove Plus has a few added features. For one, it extends you equipment warranty. Instead of a 1-year warranty, your equipment will be covered by warranty for as long as you're paying for professional monitoring. It also enables smartphone access so you can control your security system using the Cove smartphone app. You can also control your security system with your voice using an Alexa or Google Home device. Finally, there's a $5/month equipment reward discount, which you can use towards future equipment purchases.
Are There Other Fees You Should Know About?
Cove's pricing is pretty straightforward and that's good because there are no hidden fees. The system is self-installed, so there's no installation fee. Also, because it's wireless, you can move it anytime without any moving penalties. To use Cove, there are truly only two fees you need to pay: the equipment fee and the monitoring fee. Even if you finance your equipment and sign a three-year contract with Cove, there's no early termination fee. All you need to do to get out of the contract is pay your remaining equipment balance.
Ways To Save
Without hidden fees, and with a monitoring rate as low as $14.99/month, Cove is already one of the most affordable security systems out there. However, there are still ways to save to make your Cove security system even more affordable.
Take Advantage Of Sales
Cove is known to offer huge discounts around the holidays, so if you're planning on buying a Cove system, check your calendars first. Is there a special holiday coming up? If there is, chances are you'll get an even sweeter deal from Cove.
Plan Your Security System Layout
One of the mistakes people often make is not planning their security system layout. This is a vital step, not only because doing so will make your security system more effective, but because it can potentially save you a lot. For example, if a room has more than two windows, putting a motion sensor in that room would make more sense rather than using multiple door/window sensors.
Get Cove Plus
It may sound counter-intuitive, but subscribing to Cove's more expensive monitoring plan can actually save you money. Not only does it offer much-needed security features like smartphone access, it also has a lifetime rate lock-in. This means whatever you're paying now, that will always be the amount you'll pay Cove every month until you decide to cancel. With Cove Basic, Cove reserves the right to increase the monthly monitoring fee.
Claim Your Insurance Discount
Once you've set up your Cove system, don't forget to claim your insurance discount. Insurance companies offer up to 20% discount to homeowners insurance premiums if the homeowner has a professionally monitored security system. Simply request a monitoring certificate from Cove and show it to your insurance company to claim your discount.