State Farm is a great company with innovative ideas. However, if the fire starts and you are not home?

Did this for years and have the kids set up - a small fireproof (most important) waterproof file, think file folder size by 12 inches deep with all records involving health, finances, including credit card dupes and property info with IRAs and birth certificates. Kids thought this would be a bear to start up but found it wasn't.
Annual updating is all that is required unless some major change takes place and then you do that within a close time frame.

Insurance policies, deeds for all properties, etc. Most of these items only require the one copy which would be safe in the 'safe'.
A heavy bolt into the basement wall, if available, would secure the file. Banks are good but the necessity for prompt document retriveal
could negate that method.
This is not a major undertaking and nothing compared to the need of the info AFTER a disaster