![]() ![]() Exceed these without informing your insurer and you will find yourself without sufficient cover in the event of a claim. As well as a combined total limit of all your valuables. However, are likely to set certain limits for the value of individual items. Home contents insurance policies will often extend cover to valuable items. If you choose to do this, then ensuring that you have the correct insurance in place will be vital in protecting your items. One option is to consider whether you could safely store the items in your home rather than in a safety deposit box. If your safety deposit box provider is withdrawing from the market and you must remove your valuable items, you may be wondering what the best way to store these items is now. What are your options if you are finding it difficult to get a safety deposit box? This is making it more difficult for people to access safety deposit boxes and ultimately store possessions in this more traditional way. ![]() Or having stricter criteria around the types of items which can be stored in safe deposit boxes. With some banks withdrawing them from the market altogether. ![]() However, it seems that safety deposit boxes may be becoming harder to get hold of. Availability of safety deposit boxes changing In fact, you will usually need to obtain insurance yourself for the contents kept in your safety deposit box. Safety deposit box insurance is not usually a service that the provider of your safety deposit box will include. If this is a route you have chosen to go down to store your valuable possessions, then you should be aware of the need to insure the items you keep in your safety deposit box. Typically held within a vault at a bank, post office or other institution, for an annual fee your safety deposit box will be stored securely by your chosen provider. Safety deposit boxes have been an option for those looking to safely and securely store valuable items for many years now. ![]()
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