Cash safe: A safe haven for the family silver

Protecting portable valuables and hard-to-trace cash requires robust security solutions. Safety Storage Centre helps you choose the right cash safe by guiding you through the things to think about when looking to keep family silver in the family, and shows the models which offer that protection.

The best part of 100 years ago, a nationally-known businessman made a philanthropic gesture to a club in his home town by giving a silver rose bowl to be competed for annually.

Family Silver

It was, indeed still is, a magnificent thing, almost a foot wide and decorated with beautiful chased decoration, his name and the date; a tribute to the craftsman who made it. After a few years the club decided it was too valuable to spend all year in the home of whoever won it, so it went into the bank for safe keeping, coming out once a year to be presented.

And that’s how the arrangement stayed for decades, during which time the trophy has become a piece of social history. But in the last few years the security climate has changed, and the banks have stopped providing safety deposit boxes; no longer will people be able to rest easy knowing that their valuables are as safe as money in the bank.

New thinking on the security safe

As far back as three years ago some of the high street banks such as Barclays, Lloyds, and NatWest have closed their safety deposit box service to new customers, although some were allowing existing users to remain. Recently HSBC deposit boxes have become unavailable. It’s not a problem only restricted to the UK; it’s around the world.

But if the service is ultimately withdrawn completely from every bank, what then for owners of irreplaceable valuables like the club rose bowl, Grandma’s jewellery or the family silver. Selling the valuables is one option to remove the worry of security provision, but I’d suggest that’s unthinkable. Quite apart from merely moving the security issue and its associated worry elsewhere, it’s just another way of a club or individual losing their heritage.

A much better option is to do it yourself by investing in a cash safe and keeping valuables at home. But it’s not simply a case of rushing out and buying a product, even though it may look as though they all do much the same thing. Care is needed in its selection.

Choosing security safes

As I’ve advocated before on this blog, selection of the right safe should start with what’s to be stored in it. You’ll need to think about:

  • How big it is. It doesn’t matter Cash Safehow good the safe is if what you’re trying to protect is just too big to fit inside
  • What its worth. Safes have ratings based on the value of the cash or jewellery to be stored inside. They must be clearly shown in any product description. Bear in mind that some things have a sentimental value over and above how much money they’re worth, so you’ll need to take account of that too
  • Its resistance to attempts at burglary. Different ‘strengths’ are available. Look for one appropriate to your valuables. Numbers start at S0 and go up to S6; the higher the number, the stronger the safe
  • Anything else you might need to store. You’ve invested in a safe; it would be foolhardy not to maximise its value in use
  • Where you’ll keep it. To be really effective, cash safes needs to be bolted to the wall or floor. It’s not uncommon for thieves to take the safe away without opening it, so they can do that at their leisure. We’d advocate installation by experts, and we can provide that service
  • How it locks. Models come with keys, combinations or even biometric locks that need your fingerprint to open them. The latter group, including this cash safe, offers protection for valuables worth up to £100,000

Tell your insurance company

We’d also urge you to get in touch with your insurance company to be quite clear that you’ve added significantly to the value of your house contents. Some companies could insist you have appropriate secure storage before granting cover. And whilst you’re looking at that, check that the premium covers you for taking the item out of the home.

You might also like to consider the use of cash safes as part of a wider security solution including intruder alarms and CCTV systems, creating multi-layer protection for your home and valuables.

All of the cash safe product pages at the Safety Storage Centre have more detailed information to help guide you through the selection process. We’d advise getting the right specification for your valuables, and remember that it’s not as easy to get into a safe as it often appears to be in films!

Click to visit our full range of cash safes.

Safe Insurance Explained

When buying safes you cannot base your choice on looks or price alone, at least not if you want your insurance company to cover you for losses due to theft, fire or flood damage to the safe and or its contents.

The manufacturers of quality cash safes will give Insurance or Cash Rating for each safe expressed in terms of the amount of cash an insurance underwriter considers you can safely store in the safe. The general rule is that the higher the cash rating the more secure the safe is from burglars and safecrackers. The Cash rating also usually defines the Valuables rating of the safe i.e. the equivalent value of non-cash valuables such as jewellery the safe can hold. This is almost universally agreed by insurers as 10 times the cash rating.

A safe certified to EN14450 is suitable for low risk applications up to a maximum of £4000 in cash and £40,000 in valuables and are a popular choice for home security. The European standard EN1143-1 covers everything above this security level and safes to this standard are often termed Euro or Eurograde cash safes. The “Grade” is expressed as a number from Grade 0 to Grade13 in ascending order of greater security. A grade 13 safe is effectively equivalent to a bank vault with a cash rating of £3.5 million.

Assigning cash ratings is usually based upon testing to the European Attack Test Standards and drop tests that are now widely recognised by the insurance industry and provide independent third party confirmation of the security level and durability of a safe. You do sometimes see equivalent American test standards quoted usually prefixed by UL and independent laboratory certifications such as NT or NordTest more often for fire and water resistance.

Certification to international standards is the starting point for choosing the right safe for your circumstances but be aware that different insurers may apply different risk assessment criteria due to other factors such as the location of the property and the presence of other security measures. It is always best to check with your insurer that your cover is adequate particularly if you are storing lots of cash or valuables.

New Safes for all the Elements

Making sure you choose the right security safe that properly balances your security needs and your available budget can be a daunting task given the huge variation in safe quality, size and functionality. Whether for the home or office the job has been made a great deal easier with the introduction of the Chubbsafes Elements range, one of the biggest brand manufacturers of safes in the industry.

The Elements concept includes 4 distinct ranges aptly named Air, Water, Earth and Fire each offering the build quality associated with Chubbsafes products but individually designed to safeguard different levels of risk. As a tie-in to the launch of the Elements range Chubbsafes is also making donations to four leading environmental protection organisations; Carbon Clear, Water Aid, Tree Aid and CoolEarth.

The Elements security solutions start with the Air home safes, robust compact burglary proof safes that offer basic protection for valuables and important documents and are ideal for use in the home and for personal safe deposit in hotels. A specially designed safe with extra width for the storage of portable computers and tablet PCs is included in the Air home safes and all four models have a useful £1000 cash rating for insurance purposes. As with all the Elements Safes there is a choice of key or electronic lock.

Raising the security stakes is the Water cash safe that offers ECB•S certified Level S1 security to EN14450 and insurer approved £2000 cash rating suitable for the storage of cash, jewellery, cameras and other high value items. With 5 sizes available including the largest safe in the Elements range at 96 litre capacity, there is a model for every application.

When it comes to safeguarding significant amounts of cash as well as valuables you should be looking for the certified Level S2 burglary protection and £4000 cash rating provided by the Elements Earth fireproof safes of high security safes. Additional security safeguards include manganese anti-drilling plates and a double wall construction containing fire retardant material.

Completing this quick overview of Chubbsafe’s Elements Security Safe options is the Fire fireproof data safe that has all the high security features of the Water range with the added benefit of ECB.S authenticated 30 minute fire protection for paper. The perfect security solution for the protection of cash and valuables as well as passports, property records, legal papers and other mission critical and confidential documents.

Chubbsafes Elements are now available online from your Safety Storage Centre.

 

Keeping your Cash Safe

In a working environment where cash and other such valuable items are being dealt with Safeson a regular basis, the installation of a safe is recommended.

Providing protection – as well as acting as a deterrent to potential thieves – a set of good safes in your business’ office will allow you to rest assured that your valuables aren’t going to get into the wrong hands.

There are a number of different types of safes out there on the market – each designed to fulfill a specific purpose. Here are just a few:

Fireproof Safes – Fireproof safes provide a high level of fire resistance – whilst also maintaining a significant level of security against theft for any valuables stored within.
Ideal for important documents, digital storage media – such as hard drives – as well as cash and keys, a fireproof safe will allow these items to remain protected for up to an hour if a fire occurs.

Cash Safes – Cash safes are a great choice for protecting money and valuables against theft – whether it be in the home, office or a retail environment. With a choice of electronic or standard combination locks, you can ensure that only you have access to the materials within.

Key Safes – Some businesses – such as vehicle rental firms – will have to deal with a large number of keys. A key safe provides a great storage method that will allow you to store them in an organised manner without compromising their security.

Anagram Teasers

Being a cryptic crossword nut I recently had to solve a clue that read “Keep savings in adapted face sash”

The answer was an anagram of Face Sash. Can you solve it? Pretty easy I think.

Here’s a few more Anagrams to test your brain power. All the answers can be found somewhere on this website.

Tuscan Binge – 2 words

Rare Gecko Lost – 2 words

Infect Big Snail – 2 words

Push Type Lectern – 3 words.

If you are stumped follow the links for the answers

If you can come up with any more Anagrams on the same theme to test our readers let us know.