You have something valuable to keep safe. Perhaps you’ve inherited the family jewellery, received a truly precious gift, have important documents or a hard drive with Bitcoin. Perhaps you’ve invested in precious metals or purchased bonds.
How do keep these things safe? Should you use an off-site facility or a home safe?
A house safe is the familiar option. They can be fire resistant, and allow you to keep things close by. They can be included in your homeowner’s insurance. However, is that the safest and smartest solution?
The fact is, a house safe is only as safe as the door to your house. Having a safe signals to robbers that something valuable is on offer, and with a little effort they can get at it. Removing the safe from your house, unopened, and then opening it later is too easy.
In an off-site vault facility, an extensive security protocol is in place to safeguard your property. Even to get close to the vault door, a person needs to go through several security measures, typically including fingerprint scanning, facial recognition, a man trap, and several secure doors. All this under the watchful eye of 24/7 security systems. After finally accessing the vault, your safe box can only be opened with the combination of your key and the custodian’s key. You are then left in privacy to access, add, or remove items.
Another issue with house safes is their effect on your homeowner’s insurance premiums. The cost rises quickly and over the years can add up to a large sum. And while the insurance helps you recover some of the monetary value of your property, it cannot recover the actual valuables that you have lost. Storing your valuables off-site, under extensive security measures, will keep them truly safe and allow you to save on insurance charges.
Let’s talk about flooding, fires, and earthquakes. If your home floods, water can get into the safe and destroy or damage the very things you want to keep safe. A fire that lasts more than an hour will destroy even a fire-proof safe. In the event of an earthquake, you may need to evacuate your house and will not be able to carry the vault with you. What happens to it when left inside the structure is unpredictable.
Safe deposit box vaults are built to address such concerns. The buildings are secure and reinforced. A water pump protects against flooding, strong concrete and metal walls help maintain the structure’s integrity against fire and earthquakes. Fire-protection systems and compliance schedules are consistently maintained. In an event of any emergency, the vault door is secured.
To sum up, it is clear that items that are not easily replaced or objects that have high value, should be kept off-site. Never keep birth certificates, the deed to your house, car titles, or your insurance documentation in your house. Commonwealth Vault safety deposit box facilities exist to fulfil the need for off-site security. You can rest secure knowing that no one and nothing will be able to get at, or damage your property.
In Christchurch, many people are aware of the problems with home safes, but feel they have no better option because a safe deposit vault facility has not been available in Christchurch since banks stopped providing bank lockers. To use a private vault facility, you had to travel to Auckland.
Now, Commonwealth Vault, an experienced safe box deposit company has expanded its operations to Christchurch. With 20 years of experience operating in Auckland, Commonwealth Vault is opening a new vault for safe deposit boxes in Christchurch, located in the historic Public Trust Building, at 152 Oxford Terrace. It is scheduled to open in July and will offer a variety of safe deposit box sizes, the best security measures available, privacy, and peace of mind.
A safe deposit box is available for less than $300 a year. Examine your options and make the right choice for you