Safety Deposit Box Coverage

What you have in a safe deposit box at a bank, credit union or trust company can be stolen. Your insurance would pay a specified amount as declared in the wordings.

The possibility of this this occurring is less likely then a theft of these valuables from your home. Safety deposit coverage would not cover certain losses such as a diamond falling out of a ring or mysterious disappearance.

Highly valued jewelery can have a limitation that it must be kept in a safety deposit box, in a safe at your premises or worn on your person when the loss occurs.

You should talk this over with your agent or broker to determine how you best wish to manage your risk.