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That depends. Many security companines use contracts to ensure that they are repaid what they install + be gauranteed an income. For example ADT will install a system for free or a $99 activation fee, then lock you in for a 36 month term at $25-35 per month. This ensures they get the equipment paid for what they installed (worth much more than $99) and at the same time make money like any other business would.

Some companies will give you buy out options, reducing the rate to $10/15 per month for the remainder of the contract if you decide to cancel early, Others may stick you to the full contract cost, and some will even let you off without penalty granted the equipment has been paid back.

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Q: Can you cancel a home security contract?
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