u/Grffrs

I’m considering renting a safe-deposit box at ZKB. In the terms and conditions, it states that “the lessee is responsible for insuring the contents of the safe-deposit box.” I assume this is standard and that other banks have similar policies.

Does it actually make sense to get separate insurance for the contents? Does anyone here have experience with this?

In the event of a theft, like the one that happened at Credit Agricole in Naples in April, what happens to customers? Are banks liable in any way, or are clients entirely dependent on their own insurance coverage?