Homeowner Insurance – Keeping Track Of Your Personal Goods

If you have a safe deposit box at the bank, you may feel you don’t need a home safe. But what if you need access to jewelry, gold or a document such as your birth certificate when the bank is closed?

Finally, it’s not a good idea to store original copies of documents that you require immediate access to, such as passports, spare keys, wills, funerary directives, etc. in a Safe deposit box. Bank safe deposit boxes are only accessible during branch operating hours and the boxes are typically sealed when the bank receives a death notice. To open a sealed Safe deposit box for sale, estate representatives are required to provide court papers to the bank.

Wall safes can also be a good choice and (depending on the size) can be covered with a large picture or other type of decor. They can be manufactured to be extremely secure and may use advanced technology such as fingerprint scanning to ensure that only select people can open the safe.

We all want to collect money – the more of it, the merrier! What you need to know is that your homeowner’s policy wants nothing to do with your money – or almost nothing. The policy has a dollar limit on money, typically $200. That’s $200 for everything – not just what’s in your wallet. If it even looks, tastes, or smells like money, it’s included in the $200 limit – for example, banknotes, bullion, gold, silver, platinum, coins (including coin collections), and medals.

Many bank safety deposit boxes have two keys – one is held by you. The second (a general pass key) is kept by the bank. Only with both can the box be opened.

Almost all banks offer safety deposit boxes. If yours is located in a country where you have no problems, it doesn’t matter much which one you use. But you should have at least one person you trust who knows about the box and is able to access it. If you have an accident it is important that your box not be forgotten or abandoned.

If you are going to buy gold – do it the safe way. Study the investment options available, learn as much as you can by reading and researching, even before consulting with an investment advisor. Its your wealth, your future security.