A policyholder's bank advised him the contents of his safe deposit box was 'not insured against loss by this financial institution.' He called to find out if he needed a special policy. The good news is that the coverage on his homeowner policy insures personal property anywhere in the world, including a safe deposit box, subject to the limits and terms and conditions of the policy. For example, the unendorsed homeowner policy has a $200 limit on money and $1,500 for jewelry. I told him he should inventory the contents, ascertain the values and check his policy (or call me) to find out how his policy would respond. From there he could decide whether he should make any changes to his homeowner policy. While it's highly unlikely the contents of the safe deposit box will ever be damaged or stolen it's better to be safe than sorry.