Huey's hard to fit and so am I, and the only saddle that worked for both of us was an ANKY Salinero, so the saddle alone, without the leathers & stirrups is worth quite a bit more than a thousand. I drive a smallish sportscar & can't haul the saddle back and forth without it getting banged up all to heck, and I don't have anywhere to store it at home where it wouldn't be in the way. So it's got to stay. I also have a couple pairs of boots and the rest of his tack there.
It's a fairly small barn, it's out in the country, and the BO lives on the premises, someone who doesn't belong there is going to stick out like the sore thumb, and I am pretty sure that if someone came in in the middle of the night the horses would make some noise (I am pretty sure that Huey would set up a racket on the expectation that it was Time To Eat
I am mostly concerned about fires and stuff. I'll talk to the BO about it. If I need to, I can probably get some additional insurance.