I bought this safe with the following in mind:
2, Important paperwork,
3. Media backups
4. Some jewelry
5. Petty cash
from fire,water, and potential burglary. Yes the safe has a plastic-like polymer coating the entire unit (some people have made comments they don't like this), but it my guess it is needed to be this for the protection from fire/water. If it was steel safe, then I am guessing everything inside would burn and/or soaked. It might not be the most secure for burglary, but if I had anything that valuable, it would be in bank vault deposit box and not in my home.