Benefits of Renting a Safe Deposit Box
Safe deposit boxes stored in a private vault have many benefits over using banks or storing valuables in your own home.
|Natural disaster protection|
|Security from theft|
|Home insurance reduction|
|Private Viewing Rooms*||*|
|Custom sized boxes|
|Cour Order / Subpoena Protection||**|
|24/7 Emergency Access|
* Some banks have private viewing rooms.
** Commonwealth Vault & Safe Deposit Co. must comply with court orders or subpoena if account is in same name as stated on document.
R.H. Nicholson and Co, Inc, an independent insurance agency in Fairfax, Virginia have stated that the security level of Commonwealth Vault & Safe Deposit Co is superior to that of your normal home alarm system. Because of this, they are able to offer rates much lower than those an individual would pay by insuring their valuables kept at home. An example of their rates for jewelry and watches can be as low as $0.30/$100 of value, less than half of the typical rate. That equals out to only $30 per year for $10,000 worth of coverage!