Losses may range from the single box renter claiming the disappearance of property from his/her box to the burglary of an entire Safe Deposit Box Vault, which may involve all renters.

There are two types of coverage available, namely "All Risks" or "Legal Liability", the latter will pay claims when the bank is found to be legally liable. There is also additional insurance available on a per renter basis which is normally paid for by the customer, over and above a conservative box limit provided by the bank as part of the service (cost included within rental).

It should be noted that the Bankers’ Blanket Bond may be extended to include Safe Deposit Box Legal Liability.