I have two storage methods, depending on my location.
At home:
I keep my LiPo's stored inside an old crock pot. I place a 40lb bag of play sand (contained in a plastic bag) from the home improvement store on top of the crock pot. DO NOT PUT THE GLASS CROCK POT LID ON! If a fire occurs within the crock pot, the sand bag will melt and the sand will pour into the crock pot. All this time, the LiPo is also stored within a welding blanket. The crock pot is placed on a concrete floor in my garage, away from combustibles. I have a smoke detector placed directly above. I keep several fire extinguishers in close proximity as well.

Out flying:
LiPo's are stored within welding blanket and placed inside a fire proof safe. The safe is NOT locked and gases can escape should a fire occur. I keep a fire extinguisher in my vehicle (Velcro to the carpeted floor). I do not charge batteries in my vehicle or leave batteries unattended. Once I arrive to a flying site, the first item of business is to get the batteries out of the vehicle and placed in a shady spot outdoors.

I love LiPo batteries. I love gasoline, too. Both have their place in the hobby and must be treated with respect, equally. I have a very simple approach to LiPo safety; I imagine a battery pack is a can of gasoline (it can have the same potential energy to destroy).
Would I store it in the house? NO.
Would I keep it in a vehicle? NO.
Would I let my children play with it? NO.
Do I trust it? NO, I handle it with respect, watch carefully and store accordingly.
Good luck and store safely.
Don't forget to have fun!!
Clear skies to all.
-PD