diff --git a/homeassistant/components/simplisafe/manifest.json b/homeassistant/components/simplisafe/manifest.json
index 8a03ac47402..cf26955b207 100644
--- a/homeassistant/components/simplisafe/manifest.json
+++ b/homeassistant/components/simplisafe/manifest.json
@@ -4,7 +4,7 @@
   "config_flow": true,
   "documentation": "https://www.home-assistant.io/components/simplisafe",
   "requirements": [
-    "simplisafe-python==4.3.0"
+    "simplisafe-python==5.0.1"
   ],
   "dependencies": [],
   "codeowners": [
diff --git a/requirements_all.txt b/requirements_all.txt
index e66f248cbba..9d7e8b645b1 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -1738,7 +1738,7 @@ shodan==1.15.0
 simplepush==1.1.4
 
 # homeassistant.components.simplisafe
-simplisafe-python==4.3.0
+simplisafe-python==5.0.1
 
 # homeassistant.components.sisyphus
 sisyphus-control==2.2.1
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index c254da1f9d2..fdc9ad8dc3f 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -386,7 +386,7 @@ ring_doorbell==0.2.3
 rxv==0.6.0
 
 # homeassistant.components.simplisafe
-simplisafe-python==4.3.0
+simplisafe-python==5.0.1
 
 # homeassistant.components.sleepiq
 sleepyq==0.7