What Happens If Your Safety Deposit Box Gets Destroyed In A Fire?īanks do not insure the contents of the safety deposit boxes because only the owner of the box knows what’s inside. So the answer is a resounding NO, your safety deposit box is not safe during a fire. “ The safety deposit boxes are kept in our vault so they are protected but this doesn’t ensure that they are fire proof.”Įven if the vault wasn’t destroyed, all the crucial documents in your safety deposit box would turn to ashes if the temperature gets high enough. I spoke with a Chase Bank branch representative, she said: In the event of a major fire, the fire can seep into the bank fault and destroy your safety deposit box. The majority of safety deposit boxes are kept in bank vaults, which are fire resistant to a certain degree. Is Your Safety Deposit Box Safe During A Fire? Items you shouldn’t keep in your safety deposit box What happens if your safety deposit box gets burned in a fire I’ll explain all of this and much more so that you can make the right decision for storing your valuable items. Now that we understand that safe deposit boxes aren’t fireproof, you probably want to learn if your valuables are insured and protected if they get destroyed in a fire. At 1,763 degrees Fahrenheit, jewelry and other metal items will melt. During a fire, if the temperature inside the bank vault rises to 451 degrees Fahrenheit, paper documents will ignite. This means that they are not immune to heat and fire. Although safety deposit boxes are supposed to be 100% secure, there’s always a chance of fires due to electrical wiring problems, lightning strikes, and other unfortunate events.īut will your safety deposit box be safe when a disastrous fire strikes your bank?Ĭontrary to popular belief, safety deposit boxes are not fireproof.
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