Your home is your safe place and castle. It's where you can store all your things and rest up, knowing that you have walls and locked doors keeping you safe. However, what happens when someone manages to get in and gains access to all of your belongings?
A safety deposit box helps protect your valuable possessions and documents from home invaders, as well as friends and family. You won't have to worry about someone snooping through your most important items or stealing something you've stored away when you have one at home.
Here's everything you need to know before you buy a safety deposit box in Australia.
How Do Safety Deposit Boxes Work?
When most people think of safety deposit boxes, they think of the ones stored at your bank. You rent them out, and they can keep your things alongside the money your bank holds for you.
However, they are also safety deposit boxes you can purchase for more secure home storage. These safes are much harder to break into than a standard locked cabinet and are too heavy and bulky to steal away easily.
In most cases, your home safety deposit box comes with a keypad lock rather than a padlock. Some may have a rotary combination lock instead.
The Benefits of Having a Safety Deposit Box at Home
Homeowners may wonder why they would opt for a home safety deposit box instead of simply keeping money in the bank. After all, a bank is undoubtedly much more secure than your home. Otherwise, people wouldn't use bank security deposit boxes.
The benefits of a safety deposit box at home include convenience and scalability. In some cases, deposit safes you can purchase online are much better than those you can find at your local bank.
1. They Offer Security for Valuable Possessions and Provide Peace of Mind
Some people struggle with buying valuable items or electronics for their homes if they live in areas with higher crime rates. Even homeowners in friendly neighbourhoods invest in security systems for more protection.
A safety deposit box is one of the many ways to keep your valuables safe at home. Storing your items inside of them also gives you peace of mind because you know they'll still be there even if your house gets burgled or burns down. In addition, they work great in combination with security cameras and other security systems.
2. Know Where Your Valuables Are
Another benefit of using a safety deposit box at home is that you always know where your most valuable items are.
Usually, the things you put into a deposit safe or other kind include documents like passports, extra checks, and the deed to your house. You wouldn't usually put jewellery in there unless it's very expensive or has sentimental value.
Since you put the most valuable possessions in the box, you know they'll always be in there when you need them. You won't have to worry about which of the five different hiding spots in your house has the one thing you need.
3. Protect From Family Members and Friends
Deposit safes for sale are about more than keeping strangers from stealing your stuff. The most common thefts and tampering will come from your friends and family.
Not every person in your social circle is out to burglarize your home, in any case. You never know when someone's kid will decide to go through your drawers.
Imagine that you've kept a pistol in your desk drawer for protection. What happens when a child wanders into your room and finds that you've left the drawer slightly open? It could spell danger for everyone around them.
A safety deposit box won't hold anything large like a gun safe. However, it should be able to handle a standard handgun.
4. Fire and Waterproof
Another one of the benefits of a safety deposit box is that you can scale them to your needs. You can buy a small one for simple locked storage or a more expensive model if you desire more protection.
For example, some deposit safes are made to resist water or fire.
Fireproof safes can withstand high heat and protect items inside them to a certain extent. For deposit safes to be waterproof, they must be airtight and insulated. No water should be able to get in through the corners of the door or the lock mechanism.
5. Cheaper Than One at Your Bank
Affordability is the most significant benefit of using a home safe deposit box in Melbourne. Renting a safety deposit box at your local bank may cost you as much as $150 a year for a basic one. A much larger deposit box will run you more every year.
Meanwhile, you can find good quality deposit safes for as little as $875. There are cheaper options online, but they often lack the security and quality of more expensive models.
While buying a deposit box is more expensive in the short term, you can use it for the rest of your life.
What to Store (And Not to Store) In Your Safety Deposit Box
What you can store in your safety deposit box is only limited by its size. A smaller one will only hold a few documents and items, while a larger safe may be able to hold weapons.
Some of the things you shouldn't store in your safety deposit box include illegal or dangerous items, spare keys, or money.
First, keeping illegal items in your safe does not make you immune from persecution. Second, keeping spare keys in your deposit box won't help if you end up locked out of your house.
Finally, any money kept in your safe may become vulnerable if someone breaks into your home and forces you to open it. Therefore, you should keep your money safe at the bank instead.
Get Your Safety Deposit Box From a Reliable Source
A safety deposit box is easy to acquire if you do a simple search online. However, a cheap security safe may be easy to break into, steal, or otherwise gain access to. Instead, you should find a reliable retailer for a quality safe deposit box.
The Lock Shop offers secure hardware for your doors, safes, and more. Our safe deposit boxes are engineered with heavy-duty locking mechanisms for your security. Check out our supply online and sign up for our newsletter.