This is great advice. Most of the people I know do not update their insurance information often enough. My wife and I will be going through this process this month. Something we hope to make an annual habit.
Mrs. Micah
· 1 year ago
I've thought about getting a safe. Unfortunately, my mental picture of one is from this little safe-shaped plastic piggy bank I had as a kid. Not exactly what I need now.
That One Caveman
· 1 year ago
We have a safe, but not to protect from thieves. We have a safe solely to protect our items from fire. That's why we got one just a little bigger than a briefcase. It's big enough to hold the documents and rated at 1 hour protection. That $40 save should be good enough for home use.
Sasha
· 1 year ago
Mrs. Micah - I got one of the used safes I saw for $150, and it's big, bright red, and has fancy knobs. It's quite a monster.
Caveman - Safes for protection from fire are also a good idea. If you are worried about theft, though, even a smaller safe can be bolted down or even cemented into place. I like the idea of having something portable in case you ever need to evacuate the premises, but was also worried about it making it easier for thieves to make off with the thing if they manage to find it, so I went with a big heavy behemoth. My plan is to keep a small box inside it which I can grab quickly in case of evacuation.
Dan
· 1 year ago
Flexo, be sure to check your states unclaimed property database. Texas has their database online, and I used it to find that a former employer owes my father $80.
Dan
· 1 year ago
Flexo, be sure to check your state's unclaimed property database. Texas has their database online, and I used it to find that a former employer owes my father $80.
Sasha
· 1 year ago
Good point, Dan--we actually found that the state owes my grandfather some money recently.
wormbuff
· 1 year ago
It might be worth checking your local bank to see if a safe deposit box is "free" if your accounts total more than a certain amount. For the local Bank of America, it's $5,000.
All Comments
Caveman - Safes for protection from fire are also a good idea. If you are worried about theft, though, even a smaller safe can be bolted down or even cemented into place. I like the idea of having something portable in case you ever need to evacuate the premises, but was also worried about it making it easier for thieves to make off with the thing if they manage to find it, so I went with a big heavy behemoth. My plan is to keep a small box inside it which I can grab quickly in case of evacuation.