Of course, you can have your own insurance policy on the items. But that is another cost to consider. As we mentioned above, the bank is only able to open a safe deposit box to the owner of the box.

Unlike the deposits in your bank account, the contents of a safe deposit box are not insured by the Federal Deposit Insurance Corp., so carrying separate insurance on your valuable belongings is a ...

Terry Downes, CEO, MySafe and retired police officer David Kohlmeier talk about the benefits of having a secure storage ...