Here are 5 pros and 5 cons to storing your valuables in a lockbox or bank safe deposit box… Reasons To Use A Safe Deposit Box #1 – Your items are protected from fire, flood, or other natural disasters at home.Ī natural disaster can destroy much more than the house itself.
These boxes are sealed in a vault for the ultimate safety and protection of your items. A lockbox (or safe deposit box or safety deposit box) is a miniature safe-like box located inside a bank.