What Items Can You Keep in Depository Safes?

SafeDepository safes in your home can help you keep some of your most valuable items. Banks may keep them safe at some point, but there are items which are rarely insured.

Items typically kept in your home are covered by your homeowner’s or renter’s insurance policy. You can also access it easily and bring other items with you as you travel. Safety deposit boxes in banks have limited accessibility. There are items you can’t take out easily and can only be opened during branch operating hours. This is the reason why other items are not advisable to be kept in banks.

Investing in depository safes is a wise move. This is true if you have your own business. Here are some items you can keep in your own deposit safe.

Important Documents

Document SafetyUse your depository safe to store important documents which you may need to access eventually. While you may store original copies here, it is best have only copies of those documents since a depository safe has a drop. A more sealed safe is required for original documents.

Documents which you can keep in your depository safe are insurance policies, investment and retirement plans, bank documents, outstanding debt contracts, copies of wills where you are the designated executor, and contact information to agents either from the bank, insurance companies, or your lawyer.

You need to keep these documents safely in your home. You might need to access these in case you need to claim benefits.

Certificates and other identifications

Papers certifying your present status and your identity can come in handy in several occasions. You may need these to claim benefits or in case you are facing other cases. You might also need your birth certificates and social security cards in case you need identification during your travels. It’s a hassle if you can’t access these immediately. These are items that need to be within your reach any time especially if it concerns your children’s needs.

Depository safes come handy for storing these items. You can’t just store them in shoe boxes like most people do. It’s unsafe especially in case a fire occurs. You need someplace where these documents can’t be easily tampered.

Investments

Your proof of investments and other transactions are items you need to immediately access. These can be credit card or financial information, account numbers or check books, and deposit records or stock certificates. You can also keep keys to your safety deposit box in your bank, vehicles, other properties, or additional safety boxes you keep in your office.

Cash

The number one use of depository safes is to keep your cash. These types of safes are commonly used in restaurants or other businesses where cash needs to be stored immediately before being deposited to the bank. It is good to have these around too. They can store your extra money and even your wallets and currencies in case you may need them in the future.

Family heirloom

Another good use of a deposit safety box is to keep family heirlooms such as jewelries, coin collections, pictures, and even antiques. There are safes specially designed to keep these items. These have special boxes inside the safes with a separate key you can hold into. This safe is called an inside teller drop. You can also opt for small deposit boxes which you can place on your dresser’s top. These are more commonly used in restaurant counters and are small enough to keep in a bigger safety box.

While you can keep other items in your safety deposit box, you can’t keep guns in it. You need a more secure safe for this. For the listed items above, especially if you are managing a home business, having depository safes can help you keep items safely and access them immediately when needed.