The Safe Box
Share the Security of a Safe Box
A safe box is a type of deposit box used to store valuables. A bank usually provides a key that the bank holds and provides to its customers. If you lose the key, you can ask the bank to replace it for a small fee. Another option is to buy a keyless system that requires a fingerprint or hand scan to open it.
The key to a safe box is not stored in the box, so it needs to be kept in a secure location. The safe should also have a lock that you can easily unlock. When you are in a bind, a locked box may be a better option because you can have more people accessing it at the same time. A lock that isn't easily unlocked can be costly to replace. You should keep your keys safe and in a secure place.
You can share the safe deposit box with more than one person. When you lease a box, you can include more than one person. If you have more than one person who needs to access your safe box, it is a good idea to get a multi-renter policy. This way, you can share the cost of renting a box with others. If you have more than one person, they can share the costs of insuring it.
If you don't own a safe, you can share it with another person. This is possible when you lease a box and are living with that person. The other person will be a co-renter. They will need to visit the bank and provide ID and sign some paperwork. Once they have access to the box, they can store the things inside and make sure everything is kept secure.