Updated: Mar 30
Think about it, where is your birth certificate? Is it ok to include photos of your infinite memories? Or the precious jewelry that your grandmother left for you? If you don't put them in a bank safe deposit box and you put them in your home safe in time, you still face the risk of losing these valuables in natural disasters such as fires, floods, and tornadoes.
If your home is stolen, if you include your identity information, credit card numbers and other important personal information files are stolen, you will face a greater risk of identity theft.
Although the safe deposit box protects your valuables is not absolutely foolproof, the safe deposit box can provide more layers of protection and guarantee. In your home, there is a lack of professional protection. Here are some pros and cons of using safe deposit boxes.
1, the cost of use is lower
Safe deposit boxes come in a variety of sizes and prices, which cost only $20-600 a year. For first-class security and electronic surveillance, this is a small price, especially if your item price is very high.
2, better anti-theft protection
Buying a home safe can be used for a long time. It seems to be a once-and-for-all solution. It can also save a lot of money, but in many cases, the thieves have enough time to open the safe and set up the accompaniment directly.
3, prevent more natural disasters
If your house is hit by floods, fires, earthquakes or other natural disasters, personal items such as jewelry and documents are likely to be destroyed. Safe deposit boxes are usually installed in the vault. The vault has various precautions, which means valuables. With extra protection
4, tracking valuables is easier
Knowing that your valuables are all in a very safe place, you can rest easy, especially for the elderly with poor memory, in the case of emergency or even death, other members of the family are also more likely to find important documents, of course, the premise is that you have access to the safe deposit box or go through the relevant formalities.
1, a time limit
Opening the safe deposit box is limited to working hours, which may not be convenient for some people. If the owner of the safe deposit box dies and no one else can open it, then it takes time to go through the formalities, such as the will Important documents like this will not be able to open
2, limited space
The storage space of a safe deposit box is limited. If you need to store a lot of items, you may need two or more safe deposit boxes, and generally cannot store very large items.
3, valuables may still be damaged or stolen
Valuables are usually safer to store in a safe deposit box, but this does not mean that they will not be damaged. Bank and safe depositor companies recommend placing your items in a waterproof container in the safe deposit box and recording the records. List of items and photos so that there are more recovery measures after a real accident
In the case of theft, the safe deposit box is safer, but this does not mean that it will never happen. The plot in the movie may become a reality someday, so the bank and safe deposit box company advise you to purchase insurance and give important documents. Prepare an electronic file or copy in a different location, just in case!
In general, in order to avoid the care of your family or travel, worries when you are on a business trip, you deserve a safe deposit box for sale!