Phoebe rented a safe deposit box in a bank to keep her valuables. In this case, _____.

Name: Phoebe rented a safe deposit box in a bank to keep her valuables. In this case, _____.
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In this case, the bank is not an insurer of the contents of the box. Although a few courts have held the rental of a safe-deposit box to be a lease, not a bailment, most courts have found that the renter of the box is a bailor and the bank a bailee. As such, the bank is not an insurer of the contents of the box.

Phoebe Rented a Safe Deposit Box in a Bank to Keep