I currently have SimpliSafe, just activated it 2 days ago. My home builder has a contract with a company (KMT) that installs Alarm.com stuff.

For free I get the following: -Qolsys IQ Smart Panel -2x Honeywell Zwave thermostats -1x Skybell video doorbell -1x kwikset zwave smart lock -1x zwave lightswitch -3 years free smarthome automation through alarm.com

For $10 more than what I paid for my SimpliSafe setup, I will get the equivalent setup from KMT, but it's a 3yr contract at $0 down and $40/m, or $200 down and $30/m.

My delima is SimpliSafe is cheaper overall, $25/m and if I ever want to add more equipment its MUCH cheaper than KMT/Alarm.com compatible stuff ($15 for a SS entry sensor vs $45 for a KMT/Alarm.com entry sensor) and prices only increase from there for products. HOWEVER, after the 3 free years, its $15/m to keep the home automation...so with SimpliSafe and the home automation I'm STILL at $40/m.

I really like the home automation side of it, mostly to be able to use alexa and geofencing settings, and would lose this capability on the connected equipment (lock, switch, 2x thermostats) if I don't pay the $15/m 3-years down the road.

Also the sensors with the KMT/Alarm.com are multi use. I can set the sensors to activate lights and such, SS's cannot and are strictly for security. But the price for the compatable equipment (sensors, cameras, etc) is so much higher than SS and even other brands that dont require the hub (Kasa, Phillip's HUE, etc)

I can't decide! Help?