Safety Matters: 5 Tips on How to Choose the Ultimate Security Safe for Your Business

Protecting security threats should be every corporate owner’s top priority. Whilst every business should have a strong insurance policy in place, even the best cannot replace sensitive documents and the most valuable items once they have been stolen. Investing in a high-quality security safe is one of the best ways to protect your business belongings and plays an essential role in an overall anti-theft plan.

But how do you choose the right security safe for your business needs? Despite the belief that combination-lock safes can be tampered with to ‘magically open’, as we see in many crime movies, modern-day safes are equipped with everything you need to keep your business secure. But finding the ultimate security safe for your business can still be a challenging task with the amount of variable on offer. Here are a few tips to look out for:

1. What is Your Safe Protecting?

The first thing you need to define before purchasing a business safe is exactly what it’ll be protecting. Items that will be stored inside the safe determine how heavy-duty it needs to be and offers a better idea about how much you’ll need to spend to get one that’s right for you. Consider the total value of goods you want to store in the safe and how large it’ll need to be to fit items safely in.

From confidential data and electronics, business documents, cash and other valuable items, you’ll want to choose a security safe that can protect everything you need. If you are storing smaller items, don’t forget to opt for a little extra room in the safe so you don’t run out down the track.

2. Understanding the Safe’s Lock Mechanism

It’s one thing investing in a high-quality safe but if it doesn’t have a strong lock mechanism, thieves can potentially tamper with the lock and break into it. The type of lock you choose can make all the difference between an effective safe and one that isn’t. Combination locks are the most popular option when it comes to security safes because they are less complicated and cost-effective. However, if you have a tendency to forget the code/pin number or need to access the safe in a hurry, it can be impracticable for some. You’ll also need to ensure the combination lock code hasn’t been written down or stored on the business premises.

Keyed locks can be unreliable in terms of security but can benefit companies that require only a few people to access the safe. Disc locks are good for durability and ease but tend to be more expensive than other locks on the market. Better quality dial and electronic locks provide an excellent level of protection, and hybrid locks can give you the best of both worlds – mechanical and electronic locking mechanisms in the one.

3. Quality Protection: What is the Safe’s Rating?

Quality is key with a reliable and heavy-duty business safe so be sure to check the security rating before purchasing. Insurance companies issue a cash rating for each safe as a general guide. This figure is based on a number of factors related to the security of the safe and will give you a good idea of its quality of build, whether the safe has thicker walls or complex security mechanisms.

The cash rating of the safe can vary between insurance companies and will be affected by where you place the safe and how it’s installed. Your own business building security will be taken into account too. As a guide though, basic security safes will be rated up to $5,000 of cash value, high-security safes up to $15,000 cash value and maximum security safes $60,000+ cash value.

4. Fireproof Ratings

It’s paramount to choose a safe that not only has the right locking mechanism but also has a strong fireproof rating in the event of an emergency. It’s a rating that many business owners fail to consider, but safeguarding against the possibility is in every business owner’s best interests. Like with the cash security ratings, fireproof ratings are determined by the quality of its build. For example; plate / single-walled safes usually offer very little protection.

You’ll need to consider the contents of your safe, as hard-copy documents and cash will be naturally more resilient to heat than digital data on hard drives. These ratings are usually given as time-based – 30 to 60 minutes plus. Opt for a safe that has a fire seal on the door too, as some cheaper brands won’t include this. The fire seal will also keep moisture out of the safe on a regular basis too, which will prevent any valuables from rusting or corroding inside.

5. Weight, Size and Placement

Bigger is always better when it comes to safes, so purchase one that’s larger than what you think you need. Security safes can be very substantial in weight – especially the higher quality ones that will have thicker walls. Most buildings will be able to accommodate the weight of business safes and it’s important you install your safe in a discreet place close to where you’ll be using it.  Safes can also be anchored to further keep your business possessions secure.

For the right business safe solution for your needs, contact Lock Stock & Farrell today to see how we can help.

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