Insurance is not included, but for me its safe enough in a locked room in a locked box in a Bank. Insurance has its own problems, valuations, receipts etc.
If your in London I would consider Metro Bank. £250 per year for a safety deposit box that will hold all the watches your not wearing. 7 days a week access, and its open late.
So how does it work - with this tool, they pry the safe away from the wall simply with leverage and ripping the self-expanding dowels (sorry, had to look up the translation to english, basically those plastic inserts that you fit the hole so the bolt threads into something)?
Just educating myself for a future possible carreer reconversion here 😁
Golden rule with home safes if it can be carried by less than three people it’s too small. 😉
There was a piece in the NY Times (or Post) about how safety deposit boxes aren't actually insured. So if someone does get into yours, you won't be covered. Admittedly that was in the US - does Metro Bank insure all contents for a flat £250 p/a?
10thSquare said: [URL='https://omegaforums.net/goto/post?id=1368917#post-1368917' said:↑[/URL]
There was a piece in the NY Times (or Post) about how safety deposit boxes aren't actually insured. So if someone does get into yours, you won't be covered. Admittedly that was in the US - does Metro Bank insure all contents for a flat £250 p/a?
"Deafboy, post: 1369019, member: 18896"]Here it is. It's a very good read.
Yikes. Anyone know the legals concerning these boxes in UK jurisdictions, please? I'm not yet a user, but really need to think about this issue...
Don't freak out over the horror stories, break ins to safe deposit boxes are few and far between. You are far safer using a SD box than keeping your stash at home.
Funnily enough, I enquired about a box in the Hatton Garden facility. I was turned down and told at the time boxes were only being offered to the jewellery trade.
Thank god!
https://en.wikipedia.org/wiki/Hatton_Garden_safe_deposit_burglary
Double protection!
Funnily enough, I enquired about a box in the Hatton Garden facility. I was turned down and told at the time boxes were only being offered to the jewellery trade.
Thank god!
https://en.wikipedia.org/wiki/Hatton_Garden_safe_deposit_burglary
Living in central London means theft/burglary is a significant concern, sadly.
Mrs is going to love it when I have a huge safe delivered for half a dozen watches, passports and some mediocre jewellery that will take up lots of potential shoe storage space
I’ll have a word with my insurance co and see what their thoughts are or alternatively my work has safety deposit facilities so may look into that.
Gotta keep the shoe space free as much as possible after all!
Safes are for fire protection primarily, not security. Fire is the much higher risk. Buy the highest fire protection. Keep in mind there are no standards for residential fire ratings, so do your best in comparison.
If you did an adequate search you found my dissertation on safes from 20yrs experience with them.
