A while back there was a fantastic article from Ray Martin on CBS Moneywatch
talking about things that should be stored in a fireproof safe. Many
people think that just a security safe will suffice, but as he writes, a
fireproof safe is the best to really protect fragile things like
documents, jewelry, and precious metals.
He also points out that for those of you thinking of just having those high-value items in a safety deposit box at a bank, well, think again! Remember, the items in a safety deposit box are not insured. What happens if the bank collapses, like the Cyprus bank system? Think you're getting your gold or silver back. Think again!
Even in the event of a disaster at your home, a lot of times the items in a fireproof safe are covered at home by your homeowner's insurance, as I talked about here.
He covers the basics of what should be stored in a fireproof safe, and his list is comprehensive and a good reference. Once you've purchased your security or fire safe, use his list to go through your valuables in order to select the right things for your new safe.
And remember, there's a lot that he feels should be stored in a fireproof safe, so err on the side of a slightly larger space with enough room than trying to stuff everything into one small safe. Its extremely frustrating to spend money on a great safe only to find that its far too small!
More Information on Protecting Your Valuables and Security
He also points out that for those of you thinking of just having those high-value items in a safety deposit box at a bank, well, think again! Remember, the items in a safety deposit box are not insured. What happens if the bank collapses, like the Cyprus bank system? Think you're getting your gold or silver back. Think again!
Even in the event of a disaster at your home, a lot of times the items in a fireproof safe are covered at home by your homeowner's insurance, as I talked about here.
He covers the basics of what should be stored in a fireproof safe, and his list is comprehensive and a good reference. Once you've purchased your security or fire safe, use his list to go through your valuables in order to select the right things for your new safe.
And remember, there's a lot that he feels should be stored in a fireproof safe, so err on the side of a slightly larger space with enough room than trying to stuff everything into one small safe. Its extremely frustrating to spend money on a great safe only to find that its far too small!
More Information on Protecting Your Valuables and Security
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