Storing money in the freezer can provide some level of protection from a fire, but it's not the ideal solution, and there are better alternatives for safeguarding important documents and valuables during a fire emergency.
The reason people sometimes suggest putting money or important documents in the freezer during a fire is that freezers are often insulated and have airtight seals. These features can help protect the contents from the direct flames and high temperatures of a fire for a limited amount of time. However, it's important to note that freezers are not designed as fireproof safes, and their protection is not guaranteed.
Here are some drawbacks and considerations when using a freezer to protect valuables during a fire:
Time limitations: While a freezer may provide some short-term protection, it won't withstand the heat of a prolonged fire. In a severe fire, the freezer can eventually be compromised, and its contents may still be damaged.
Condensation and moisture: Placing items like money or important documents in the freezer may expose them to condensation and moisture, which can lead to damage over time.
Accessibility during a fire: During a fire emergency, accessing the freezer may not be practical or safe. It's crucial to prioritize your safety and evacuate rather than attempting to retrieve valuables.
For better protection of important documents and valuables during a fire, consider using a fire-resistant safe or a fireproof document bag. These specialized containers are designed to withstand high temperatures and flames for an extended period, providing a higher level of protection compared to a freezer. Make sure to choose a safe or document bag with an appropriate fire rating and keep it in a secure location that is easily accessible in case of an emergency.
Remember that fireproof containers are not entirely foolproof and are still subject to limitations, so it's essential to have additional copies of critical documents and consider digital backups stored in a secure location. For very valuable items, like heirlooms or irreplaceable documents, consider using a bank safe deposit box for added security.