Quote:
Originally Posted by BruceinGa
After hearing stories of banks being flooded I took a second look at my bank. It's is situated on a hill so a natural flood is doubtful. A burst pipe might be a different story.
I have one large box, 10"x10"x20" and just last week I rented another at another bank, half the size of the first.
I made the decision to go with safe deposit boxes after seeing the cost of collectable insurance.
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Me too. I have the same size SDB and have filled it to capacity, so I need to rent another one,. $90 a year is better than the coverage price and, as a lawyer who exclusively handles insurance issues, the carrier is likely to screw you anyway if its a big claim IMO. I don't like the fact that the cards aren't instantly accessible but I have scans and the bank is't that far away, I thought about it quite a bit but I decided that was the best option for me. Other people might reach a different decision.