Uncertain Economy Spurs Increase in Sales of Safes and Home Security Systems

Although many retailers are seeing a significantyour family has been doing, the knowledge of a
drop in sales as Americans attempt to reign innew safe delivered to your home sets off many
their expenses in this uncertain economy, homealarms in a wrongdoer's mind. They now know
security and residential safe manufacturers areyou are storing valuables in your home, and may
witnessing an increase in sales activities. Manyattempt to break into the equipment when you
homeowners are citing the fear of increasingare gone, or steal the entire safe altogether.
burglaries and thefts as the reason for purchasingFamilies storing guns in their home for protection
a safe. In addition, news of failing banks isare urged to exercise extra caution. Even
prompting many Americans to contemplatepurchasing a qualified firearms safe to keep
storing funds within their homes.children and others away from the guns is not a
Fearing the worst in economic collapse,fool-proof precaution. Those who obtain guns for
consumers are disregarding the FDIC insurancehome protection need to remember that the
provided by most banks, and stashing their cashguns do not keep thieves away when they are
at home. Many safe retailers are seeing salesnot home.
increases of 50 percent, and some as high as 300Installing a quality home security system with 24
to 400 percent. However, manufacturers warn7 monitoring equally protects you when home or
that safes are not always burglar-proof.away. Burglaries, fire, and carbon monoxide may
Many safes may advertise that they are fireall be monitored by a third party, who will dispatch
proof, but a thief can simply turn it on its side tothe proper authorities should an alarm sound when
access the contents. Consumers are encouragedyou are not home.
to do their research prior to buying a safe forSafes may provide an added measure of
cash, jewelry, valuables, and guns.protection for your valuables, but consumers are
Even when compared to the scare of Y2K and 9urged to never accept them as a substitute to
11, retailers claim this season's business dwarfsproper monitoring of your property. Many
that of prior crises. Home security systemsystems and service plans may be purchased and
companies are also experiencing sales increasingsubscribed to for much less than the cost of a
as high as 20 percent this season.quality safe.
Consumers fear that with the risingPrior to withdrawing all funds from a banking
unemployment rate, holidays around the corner,institution, consumers are encouraged to inquire
and stale credit extensions, that some will resortabout the status of FDIC insurance and how it
to the worst scenario and attempt to stealaffects their accounts. Most will be completely
valuables and cash from others. Even those whoprotected in the custody of the bank, though
purchase a quality safe need to consider installingcustomers have the right to educate themselves
a home security system.about their protection levels and exposure.
If the wrong people are paying attention to what