A Deposit Safe is usually an individual metal container that is typically stored within a bank. Many years ago you would request your branch manager to store valuable items such as watches or family keepsakes within your deposit safe. Unfortunately, you often didn’t get to see your items physically put into these, and record-keeping wasn’t always accurate- resulting in lost items. Their popularity has been increasing in recent years within the UK although some banks such as Barclays will only allow existing deposit safe customers this option.
The cost of having a deposit safe will vary on the size you require as well as the individual bank you wish to use. Prices can range from around £20 a month up to £70 in banks such as Metro and you are required to have insurance on the box and contents. Each bank will also have rules around what you can or can’t store within your deposit safe, for example, most banks will not allow you to store: cash, food, or weapons. You will also need to provide identification to enter the vault or security box meaning it is unlikely anyone else could have access to your deposit safe.
A security safe often has a lock and key or a number secured box which you can store within your home. There is often an override security key and anyone who has this key or the code could get into your safe. A bonus of a security safe is that they are often fire-resistant so if the worst should happen, your items inside would be protected. These are often a good option to store birth certificates, marriage licenses, and items of jewellery within your own home.
You can often find security safes to match most budgets, meaning this could be a cost-effective option for you. Unless your safe is bolted to your floor it does mean that potential burglars could remove the entire safe. You may wish to consider bolting the security safe to the floor and you will also need to have insurance for the contents of the security safe.
A floor safe is a type of safe which is usually put into your homes concrete foundations. Installing a floor safe can often be difficult and cause a lot of dust and dirt however they are a very secure option against burglars and fires. Due to the nature of these floor safes being underground they are more likely to be damaged if there is a flood or a fire that is extinguished by fire hoses. You may wish to get additional water-tight protection for documentation stored within.
If you wish to have regular access to items within your safe then a floor safe may not be a practical option for you to choose. You may also require a professional locksmith and safe manufacturers when installing this type of safe.
With burglaries, particularly home burglaries increasing, it is important to protect your valuable possessions. Hiding your valuables in drawers or a cupboard is usually one of the first places a burglar would choose to look. With the market for home safes growing in popularity you have a huge choice of home safes. You can choose a home safe that is concealable, can be hidden in your wardrobes, or bolted to the floor to go undetected by a burglar. As most home safes are extremely heavy you may need assistance to install them or if you moved house. Most home insurance companies will need you to store valuable items within your home safe or on your person such as engagement rings or watches to cover your insurance policy.