Does Car Insurance Cover Lost or Stolen Car Keys?

Is Car Key Insurance Covered

We often get our car keys stolen or lose them. 

Whenever it happens, the first thing that comes to our mind is whether there’s insurance for lost or stolen keys. After all, the cost of car key replacement falls on you. 

While car insurance does not cover lost or stolen keys insurance, other types of car key insurance do entertain this service. For instance, roadside assistance coverage and comprehensive coverage from homeowners insurance may cover car keys in some instances, such as in the case of theft. 

At times as such, it’s best to weigh the costs and file a claim for your stolen key. 

Other Types of Car Key Insurance Coverage That Covers Lost or Stolen Keys

When it comes to stolen or lost car keys, there are different insurance policies that you can redeem. Homeowner insurance or renter insurance includes personal property coverage that may protect your belongings. Your car keys are also part of the whole thing in your personal belongings. 

While these insurance coverages are redeemable, a small deductible can be applied. 

Details for insurance may vary from one insurance company to another, so check your policies first. 

Should I File For an Insurance Claim For My Car Keys? 

Filing a claim for key replacement may not be worth it due to the time and deductible payment involved. However, this depends on your deductible amount and the cost of replacing your key.

If you have an old-style mechanical key and a spare to copy, paying for the replacement out of pocket is often easier and cheaper, even if you can make a claim.

Key fobs are more expensive to replace than mechanical keys, but their cost may still be lower than your car insurance deductible.

An exception may be if you have a high-tech smart key, which can be costly to replace and program. The replacement cost may exceed a low car insurance deductible in this case.

Regardless of the cost, consider the time and effort required to get the claim approved and processed and the potential impact on your car insurance premium.

Read More: Common Mistakes You Can Experience When Changing The Locks

What to Do If You Lose Your Car Keys? 

If you lose your car keys, you need to reach out to an automotive locksmith in Birmingham to help you out. Let’s assume that you’ve lost your car keys, and now you need a duplicate. A roadside coverage can assist you by towing your vehicle to a car dealer or other qualified shop nearby to make you a fresh new duplicate key. If you don’t have a spare key, a locksmith requires a vehicle identification number (VIN) by creating a copy through reference. 

Redeeming car key insurance coverage can take up your precious time & money. 

With BHAM Locksmith, you don’t have to worry about these concerns. Let us provide you with a duplicate car key on demand. Contact us at (205) 224 0145 and get a certified locksmith today! 

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