Purchasing a safe is not as simple as it first appears. There are many factors to consider which our expert staff can assist you with to ensure you purchase the correct safe for your specific needs. Border Locksmiths are your Safe Professionals, as well as offering quality New and Used safes we: Sell Safes Open Safes Service Safes Change the combination or key on your safe Repair Safes

What is a Cash Rating?

Safe cash rating or Insurance rating are terms that have become synonymous with the storage of valuables and cash and Border Locksmiths feel it is by far the most important criteria when choosing a safe.

Cash rating is an indication of the level of security of a safe and the highest amount of money that should be kept in it. Depending on the cash rating and other factors, an Insurer will cover the contents of the safe. It can be multiplied by approximately 4 times for jewellery or other valuables. For Example, you can store goods with a worth of $40,000 in a $10,000 worth cash rated safe. Always check with your insurer before purchasing as some Insurance companies are more stringent than others and may require an independent testing certificate of the safe while others are content with just the manufacturer’s advisory rating. Also adding back to base alarms and other security options an insurer will often upgrade the cash rating.

Cash ratings will depend on the quality of the safe. The better the quality of the safe, the higher the cash rating will be. The thickness of the door, depth of the wall, and the quality of locking mechanism are some of the criteria that determine the cash rating of a safe.