I bought this magnetic switch to set up a small led light in the trunk of my car. It took a little trouble shooting to find a place were it worked properly since my trunks designed with some annoying contours. The little screws make installing a terminal crimped wire very easy, but if its placed anywhere near metal I'd put a piece of electric tape over the screws so they don't risk causing a short by accident. I do worry about it getting water on it or exposed to extreme temperatures so I have it resting on a piece of plastic and have it safely hidden so it wont get directly rained on. Otherwise it seems like a good value since it hasn't given me any issues.
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