A safety deposit box is a great way to give you that extra peace of mind - just in case your home is ever burglarized. Your valuables can’t be stolen from your home if they’re not there. #3 – Your items are protected from theft at home.

NOTE: Safety deposit boxes are usually 18″ or 24 inches long (or deep… depending on how you look at it). Rent is usually between $185 and $500 a year. The annual rental fee typically falls between $40 and $65. Rent is typically between $15 and $25 a year. The cost for a safety deposit box varies, depending on size and what region of the country you are in: You’re probably wondering, “How much does a safety deposit box cost? And what are the safe deposit box sizes you can choose from?” Only you know what’s inside your lockbox - not the bank, not your relatives, not anyone that you don’t personally tell yourself. #2 – It’s a cost-effective way to keep valuables private and safe. You should keep your most valued possessions, copies of your important papers, and even your photographs in a safety deposit box away from your house.

It can destroy memories - like photographs, jewelry, birth certificates, and other important records. Here are 5 pros and 5 cons to storing your valuables in a lockbox or bank safe deposit box… Reasons To Use A Safe Deposit Box #1 – Your items are protected from fire, flood, or other natural disasters at home.Ī natural disaster can destroy much more than the house itself. These boxes are sealed in a vault for the ultimate safety and protection of your items. A lockbox (or safe deposit box or safety deposit box) is a miniature safe-like box located inside a bank.

Safe deposit box after fire in bank