What You Can And Cannot Keep In A Safety Deposit Box

Friday, May 3, 2019

Many people have valuable items including paperwork, jewellery, cash, gold bullion, and others stored inadequately in their homes. When you keep precious things such as these insecurely in your home, you are leaving them open to theft, loss, or damage, which could see you significantly out of pocket.

Burglary is something that you should worry about if you have valuables in your home that would be better stored in a safety deposit box. There are three burglaries every hour throughout Australia. One way to combat the threat of theft is to make sure that your home is secure. Store valuable possessions in a safe location. A safety deposit box is an excellent option.

Below is a summary of the things that you should and should not keep in your safety deposit box.

What You Can Keep In Your Safety Deposit Box
Safety deposit boxes are an excellent way to keep your valuables safe and prevent them from being lost or stolen, and there is a wide array of items that you can store inside. You can save valuable paperwork such as birth certificates, stock certificates, land and house deeds, citizenship papers, adoption papers, copy of wills, and other such significant documents. You can keep cash and bank account details such as cards and bank books and keep them out of hand so you cannot dip into them unless needed. You can store your jewellery when you are not wearing it, and this is an excellent idea especially if it is oh a high value. You can also store gold, silver, and other types of bullion securely, and if you have vital documents or pictures that you store electronically, make a copy of them and store them in your safety deposit box, giving you an additional backup in case you need it.

However, do not store anything that you may need in an emergency such as passports, as you may need these in a hurry, and you may not have 24-hour access to the facility where your safety deposit box is located. Whether you get a safety deposit box in Sydney, Melbourne, Perth, or anywhere else in Australia, you have to make sure what you are keeping in it will be something that has to be kept hidden long-term.

What You Cannot Store In Your Safety Deposit Box
There are also things that you are not allowed to keep inside a safety deposit box, and these rules are similar, no matter which company from which you rent your safety deposit box. You are not allowed to store any living items, be it plants or animals, and you will also be kept from keeping anything that has an obnoxious smell or any perishable items. You are not allowed to store flammable or explosive things in your safety deposit box, nor are you allowed to keep firearms or ammunition. You are also not allowed to store any stolen goods or illegal substances such as controlled drugs in your safety deposit box.

Many different companies offer safety deposit boxes, and they come in a variety of different sizes depending on how much space you need. Make sure that you shop around as each company will offer different prices, and some may be more accessible than others. Make sure that you keep your valuables safe and get a safety deposit box today.

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