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How Safe are Home Safes?

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Making sure that your valuables are safe at home is very important and there are different ways to make this happen. Home safes are one of the ways to protect valuable items from theft, destruction by water, destruction from fire, and other unpredictable events. With so many options to choose from, it’s not easy to know where to start because some of your belongings are much more valuable than others. If you want to invest or improve your home security, consider the following tips when thinking of buying a home safe.

Not as Safe as You Think

Storing cash, gold, jewellery, or important documents in a home safe may not be a very safe choice after all. Firstly, some small home safes that are said to be fireproof are actually fire-resistant.

Besides, most home safes undergo 30 minutes of testing. 

Industry experts say a room will burn for about 20 minutes in a house fire, which is why it is recommended that you buy a 30-minute fire safe for your valuables. But what happens when the fire burns at a very high temperature and for longer than 30 minutes? You stand a very good chance of losing the contents of the safe.

Also, the mere presence of a safe at home can be an invitation for thieves. Besides, the average home safes are not so large that they cannot be easily stolen by someone who knows that the safe exists.

What You Buy is What You Get

Getting serious about home security is the first concrete step in keeping your valuables safe. The next step is choosing the right safe for your needs. If you search online, the selection can quickly overwhelm you. There are dozens of options, each one looking similar to the other and all sporting similar features. With all of these similarities, choosing the right safe can be difficult. However, one important thing to keep in mind is to beware of “microwave safe”. This is an English term for safes that can be opened as easily as a kitchen appliance, so it practically does not provide protection against theft. Sometimes, a simple blow from a hammer is enough to break the safe open. In some cases, you can open a safe with a correctly bent paperclip. While you may not be able to tell them apart, except for the price, burglars with a well-trained eye will know when they see it. While a really expensive safe does not necessarily mean the most security, a really cheap safe may be no different from a metal cabinet.

Are Wall Safes a Good Idea?

Wall safes are wonderful little safes that can be hidden and do not take up much space, but they have a significant number of restrictions in terms of resistance to burglary and fire. Wall safes are usually made of thin metal, and they are not the best place to store large amounts of cash, high-quality jewellery, or precious metals. There is no need for a burglar to break the safe with heavy tools because the walls can simply be breached to remove the safe completely intact. Keeping prescription drugs away from children, family members, or employees is basically what a wall safe is good for. It’s possible that it may protect a few valuables that are not so valuable. Of course, high-quality jewellery can be stored for very short periods, provided that an alarm system is installed and used to monitor your home.

Safe Cash Rating

Cash can be one of the items that you want to keep in your home safe. However, make sure to have home and contents covered if you intend to keep large amounts of cash in your home safe. You should also check your policy paperwork to find out what the cash rating is for your specific safe. The cash rating refers to the amount of money that the insurance company can cover for you in the safe.

Home safes’ cash ratings typically start at $1,000 in cash and can reach $100,000. However, it is not recommended that you keep this much money in a cash safe unless you have other security features in place. If you also want to store jewellery in the safe, you can multiply the safe cash rating by 10. This is the limit most insurance companies will allow. For example, if your safe has cash worth $1,000, you can store jewellery and other valuables up to $10,000. It is also important to remember that your home safe must be professionally installed and assembled to meet the requirements of most insurance companies. This is a factor that is taken into account for any claim for damages or theft.

Do I Really Need a Safe at Home?

Protecting valuable items is always a wise idea. There are so many things that can go wrong. From accidents to floods, fires, and theft, one way to keep the things you value is to place them in a home safe that is within reach and that you can keep an eye on. Unless you have a strong home insurance policy, home security system, and other home protection in place, it may not be a very good idea to keep very expensive items in a home safe. Where you have valuables you don’t use often, it may be a better idea to rent a safety deposit box in the bank and store them there.

Michelle has been a part of the journey ever since Bigtime Daily started. As a strong learner and passionate writer, she contributes her editing skills for the news agency. She also jots down intellectual pieces from categories such as science and health.

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Samuel Leeds Buys Shares In Property Tribes; Says He Wants To Make It Better

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People in UK property circles may be familiar with the very public dispute between former MTV presenter, property investor, and community manager of the company Property Tribes, Vanessa Warwick, & property investment trainer and owner of the company ‘Property Investors’, Samuel Leeds; as Leeds has accused Warwick of assisting with racism and discrimination against ethnic minority tenants. In recent news, Samuel Leeds was reported to have bought a 35% share of the company Property Tribes, making him officially now a person of significant control at Property Tribes.

Warwick established Property Tribes to accumulate wisdom from various property owners and landlords to create a place of guidance for people in the industry to do business better. According to the company,

“We wanted to create a free use, safe, and agenda-free place for landlords to get information from a “hive mind”, not a singularity, so that they could learn and grow their property business.”

However, in one of his recent videos, Samuel Leeds pointed out blatant support of racism in some of the advice coming from Warwick herself. As one of the landlords asks on the forum – if they would be implicated by the race discrimination laws in the UK for refusing tenancy to Bangladeshi families as the landlord is not fond of the smell of their staple food, curry; Vanessa Warwick herself is seen advising against mentioning the reason for said refusal, thus averting the legal repercussions altogether.

In the video, Leeds points out several more situations where Warwick has behaved in a racist manner. In fact, she has become a new advisor on the panel of the UK’s Property Redress Scheme and has been under criticism in their forum as well for supporting discrimination against ethnic minorities.

Warwick also expressed strong disapproval of Leeds as a property trainer citing the reason that his students came from the “vulnerable” demographic. Leeds called out the racist mindset in this reasoning, as in reality, his students predominantly come from ethnic minorities and don’t fall in the “vulnerable” category. He began drawing attention to the issue over his YouTube channel and his website, and ended up facing severe disparagement from Warwick and her followers. Leeds finally sued Warwick for defamation and she brought a counter lawsuit for six-figure damages.

In an attempt to put an end to the battle once and for all, Samuel Leeds reports to have bought a share, 35% to be exact, of the company, Property Tribes. Even though he is only a minority shareholder and will have limited control, Leeds believes he can make a difference in “cleaning up the company” and reduce racism in the forum.

He jokingly adds,

“Because they trolled me, I wanted to at least get paid… Like Michael Jackson did to Eminem.”

Leeds pledges that any money he makes off this transaction will be donated to charitable organisations that tackle racism and online bullying. In addition, Leeds will donate an extra £50,000 to organisations that fight hatred in the UK. With this move, he is determined to take a strong stand against all discriminations in the property sector or any other industry.

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