Safe deposit boxes are increasingly less common in major banks, and one major reason has to do with the liability for what's stored inside them.

A safety deposit box, also known as a safe deposit box, is a secure storage container, housed within a bank or a financial institution’s vault. These boxes can provide you with a high level of ...

Safety deposit boxes offer enhanced security for valuables but aren't accessible outside bank hours. Items in safe deposit boxes are not FDIC insured; separate insurance is needed for coverage. Legal ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Betsy began her career in international finance and it has since grown into a comprehensive ...

'I read that the bank discourages people from storing jewelry and coins in the boxes, so I did not rent one' Dear Quentin, Is it safe to keep valuables in a bank safe-deposit box? It sounds like a ...

In the movies, safe deposit boxes are magic: Located in bank vaults, they’re depicted as the most secure things in the universe. Thieves targeting safe deposit boxes must plan for decades and bring in ...