Gold IRA Storage - Home vs. Depository - My thoughts + looking for advice

• •I've been in the game for about 7 years now, right around the time I really started expanding my tourism business here in Savannah.
• •It was a good hedge against the natural ups and downs of the travel industry, especially when things get wonky like they did during the pandemic.
• •My portfolio is sitting comfortably around the $180k mark right now, all in a secure depository.

Been seeing a lot of chatter lately, both on here and in some of the local Savannah business groups I'm in, about the pros and cons of home storage for a Gold IRA. I've been in the game for about 7 years now, right around the time I really started expanding my tourism business here in Savannah. It was a good hedge against the natural ups and downs of the travel industry, especially when things get wonky like they did during the pandemic. My portfolio is sitting comfortably around the $180k mark right now, all in a secure depository.

My concern with home storage, even after all this time, is the security aspect. We have a pretty robust security system in our house, but it’s still my house. The thought of having that much value just sitting in a safe, even a good one, gives me a bit of anxiety. What if there's a fire? What if someone somehow bypasses the system? I know there’s insurance for precious metals, but dealing with that whole claim process after a potential loss sounds like a nightmare. My depository has always been rock-solid, and I just kind of forget about it, which is half the appeal.

On the flip side, I totally get the appeal of having physical possession. There's something undeniably comforting about knowing your assets are literally under your roof. And the whole "what if the system collapses" argument does pop into my head from time to time – especially when the news cycle gets particularly wild. I just wonder if the perceived freedom and immediate access outweigh the very real security concerns for me personally. My entire investment strategy with the Gold IRA has been about a long-term, hands-off approach to wealth preservation.

So, for those of you who've gone the home storage route for your Gold IRA, or even considered it seriously, what were the main factors that pushed you that way? Did the security concerns ever keep you up at night, or am I just being overly cautious? For those with similar portfolio sizes to mine (mine's about $180k currently), is there a point where the scale tips and home storage becomes more attractive, or less of a risk in your eyes? Really curious to hear some diverse opinions here, especially from anyone who's dealt with home storage insurance claims or had any close calls.