According to Lloyds TSB insurers, one in twenty motorists have their car keys stolen. Add the number of people losing or damaging their car keys to that figure and it’s bound to increase substantially. So is it worth considering car key insurance and if you do, what should you be looking for?
Modern car keys use the latest technology and like all things technical, replacements can be expensive. If you use a main dealer for your replacement car keys, you can expect to pay 60% more than using LMI’s specialist automotive locksmith service.
Some motor insurance policies include car key cover, so be sure to check your policy small print before forking out for separate cover.
If you opt for car key insurance, it’s important to cover your spare car keys too. If you have a transponder system, your spare keys won’t work and they will need to be recoded too.
If you’re considering car key insurance, there are some things it will pay to consider:
Like any insurance, you need to shop around, get quotes and read the small print carefully before buying car key insurance. On the other hand, you could just take extra care and save on both replacement keys and insurance premiums. But whether you have car key insurance or not, don’t forget to keep my phone number (07798 557 188) stored in your phone. It really could happen to you.