Those with modified car insurance or performance car insurance may be interested in the news.
Homeowners may save around £5 on home insurance policies if an alarm is fitted, while those with car, van or motorbike insurance may see an average £1.70 saving on premiums.
Nevertheless, Tesco Compare said there is "no doubt" that security systems discourage thieves, suggesting those who have spent time and money on car modifications still benefit from them.
Director of commercial and partnerships at Tesco Compare Paul Baxter said: "Installing alarms to your property or car will no doubt go some way to offering you peace of mind, but if you are planning on saving money on your insurance premiums you should make sure you check your options first."
This month, Network World reported on an anti-theft and tracking network currently being tested in the USA.
From performance, prestige and modified cars to classic and imported vehicles, vans, motorcycles and scooters, Performance Direct provides value for money insurance cover, often when other companies can't help.
