Advantages of a Safe Deposit Box Over a Home Safe

Nov 28
04:44

2019

Nancy Whitman

Nancy Whitman

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For years, people have turned to a home safe to protect their precious possessions and secure them out of harm’s way. Most store valuable items such as collectibles, family heirlooms, jewellery, bullion, and cash.

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But did you know that a home safe is not as safe as you think? Let’s compare a home safe to a safe deposit box in a purpose-built facility. When you keep valuable items in a home safe,Advantages of a Safe Deposit Box Over a Home Safe Articles you open yourself, your family and property to risks associated with potential theft, natural disasters, loss, and even damage.

The good news is there is a more secure storage option available to you other than a home safe. Let’s discuss how a private safe deposit box outshines a home safe any day when it comes to protecting your personal possessions.

Safe Deposit Box (SDB): A Superior Choice for Security and Peace of Mind

Renting a safety deposit box is a cost effective, and affordable way to store and protect what cannot be replaced. It gives you the comfort and knowledge that your irreplaceable items are safe and secure. It is also an opportunity to know that your futures wealth is out of harm’s way. Here are five reasons why a private safe deposit box facility is a better option for you:

1) Safe deposit boxes, unlike home safes, offer far more security and protection for your valuables. The locking mechanism of a home safe can easily be bypassed. On the other hand, a safe deposit box located inside a private vault cannot be accessed. In addition to the increased physical barriers, there is 24/7/365 monitoring with seismic and motion detectors along with security cameras all in a fireproof vault.

The cost of a good safe is in excess of $3000.  With a quality safe deposit box starting at only a couple of hundred dollars per year, it would take many years to reach this figure leasing a SDB.  In addition, your precious possessions are far safer in this very affordable option, which is about the cost of a cup of coffee a week; Anyone can afford that! Custodial vaulting facilities ensure the highest levels of safety for your most valuable possessions by implementing multiple layers of security to access your safe deposit box.

Their entry procedures are designed to maximize protection for you and your valuables. Their safe deposit boxes are fitted with United Laboratories (UL) rated locks which are then secured inside an UL rated vault.

2) Typical “waterproof” home safes are only rated for 24 hours in just 15 cm. of water. This means that if you store valuable documents like stocks and bonds at home, you could end up losing them in the event of a tropical cyclone or a flood. Safe Deposit boxes offer far better protection against flooding and other natural disasters such as fire.

3) Safe deposit boxes protect your valuables from fire better than a home safe. A typical home safe only offers 30 minutes or hours of protection to your possessions before they are reduced to ash. Premium private vaulting facilities are equipped with fire safety standards that are far beyond what any home safe can offer. You also have our multiple layers of protection from fire, the building, the vault and finally the safety Deposit Box protecting your goods.

4) Safe deposit boxes offer greater protection especially if you want to secure your wealth. If you invest in hard assets like bullion you know that storing them at home is not a wise move. If you or your family are threatened, then you will willingly give up your safe’s contents to secure your family’s safety, so why put yourself at risk? Placing your goods in a Bank is not always a viable option as they are downsizing and no longer offering this service.  In addition, be sure to review the bank Bail-In Law. The best way to protect your wealth is in a private vault which resides outside the government or the banking sector.

5) Safe deposit box facility can insure your possessions better. Typically, you’d have to pay more for your home insurance if you keep valuable items at home. However, our private vaulting facilities will often provide a free insurance to the value of up to $20,000 included in your lease. Additional insurance cover can be arranged should you deem it necessary. In many cases you cannot insure your goods stored in a Bank Vaults.

Don’t Settle for Anything Less than a Premium Private Vaulting Facility

Now that you can Compare a home safe to a safe deposit box, you shouldn’t settle for anything less than one of the most secure premium private providers. New facilities in particular are guaranteed to offer the latest and greatest in security.  Therefore, if you’re looking for a highly secure safe deposit box provider then look no further than a premium quality private vaulting facility. And remember, unlike a bank safe deposit box, you are safe from government or third parties, giving you complete peace of mind and confidentiality.