How Do You Know if You Need a Safe Deposit Box?
Have you ever looked at your personal belongings and wondered if you needed to keep some of your possessions in a safe deposit box? The experts at Hollywood Storage Center and US News and World Report can walk you through the decision making process.
Safe deposit boxes, sometimes called safety deposit boxes, are safes usually located in a special part of your local bank. Hollywood Storage Center Newbury Park has state-of-the-art Safe Deposit Boxes and a Vault for larger valuables. These are accessible 7 days a week from 8:30 am to 6 pm.
Of course, the main purpose of a safe deposit box is to protect your valuables from theft or disasters that could occur in your home. The easiest way to determine whether or not you need a safe deposit box is by collecting the things you’d put inside. You may find that you have a lot of important documents or valuable possessions that you’d like to keep safe. Or you may discover you only have a few things you’d like protected. Whether you discover a need for the safety deposit box or not, going through this exercise gives you the opportunity to organize your financial documents and list your valuables for insurance purposes!
What Goes Inside
Anything important that you don’t use often. Start by making a list of every document you have that you consider important. Narrow down the list by removing the documents you think you’ll need at any time during the month (like bills or insurance statements). The ones you don’t need, such as the title or deed to your car or home, should go into the safe deposit box.
Next, make a list of anything valuable in your home. Take out the items you use on a monthly basis (or perhaps that may be on display) and put the rest in the safe deposit box. The smaller items can be put in a safe deposit box, and the larger ones in The Vault. A good rule is that if you don’t see it or touch it at least once a week and you consider it “valuable,” put it in safe storage.
When you decide that a safety deposit box or Vault storage space in the Conejo Valley is needed, check with your bank and Hollywood Storage Center for the resources you need. Keeping your valuables safe outside your home can bring substantial peace of mind at a very small cost.