Safety Deposit Box questions

[Leon]

Safes have ratings so it's always good to check those too, such as TL, Fire etc....
https://www.supplychimp.com/go/info/...Explained.html

Originally Posted by ALR-bishop

Always best to check with the bank you use regarding what their policy or state law requires in the event of the death of the owner or co owner of the box, and procedures for access to the box by the co owner, co signers, executor or other family members after such a death. It can vary by state.

Also, if you go the home safe route, no matter how big and heavy it is, it is best to have it bolted to the floor as Jeff mentioned. I have seen first hand the damage done when thieves drag a large safe out of a home. Seems like the bigger it is the more valuable they think the stuff inside must be

[silvor]

Originally Posted by Leon

Safes have ratings so it's always good to check those too, such as TL, Fire etc....
https://www.supplychimp.com/go/info/...Explained.html

Be careful with those ratings, I am told.

Say your safe was rated at 1400 degrees for 30 minutes. Some companies start the heat and the time at the same time. So the "ramp up" time is included in the 30 minutes. Others, (I THINK Liberty) starts the timer when then heat gets to that temp.

Now, things may have changed, as I got rid of my big safe 10 years ago (and thus my questions about the safe deposit box).

And remember, that safe and contents can be hot long after the fire stops. If I were to keep my card and documents at home, I would buy a big gun safe with the highest fire rating I can afford AND put another smaller safe inside the big safe.

[Leon]

Yes, and regardless of that TL rating being quite hot, I already figured out that heat would melt slabs even in a safe like this before that rating came into play. . Hence another reason to leave 'em at the bank with much more peace of mind (I guess almost nothing is perfect). I used to visit them every so often and they were fine with it. That and having most of them online was, and is, what I Like best. Everyone has their own ideas on this stuff as to what is best for themselves.

Originally Posted by silvor

Be careful with those ratings, I am told.

Say your safe was rated at 1400 degrees for 30 minutes. Some companies start the heat and the time at the same time. So the "ramp up" time is included in the 30 minutes. Others, (I THINK Liberty) starts the timer when then heat gets to that temp.

Now, things may have changed, as I got rid of my big safe 10 years ago (and thus my questions about the safe deposit box).

And remember, that safe and contents can be hot long after the fire stops. If I were to keep my card and documents at home, I would buy a big gun safe with the highest fire rating I can afford AND put another smaller safe inside the big safe.