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Key Replacement Insurance

Covers cost of replacing lost or stolen keys and fobs over 3-5 years. Sold at $300-$600; modern smart keys cost $400-$800 to replace.

// Why it matters

Key Replacement Insurance covers the cost to replace lost or stolen vehicle keys and key fobs over a 3-5 year window. Coverage is real — modern smart keys with proximity sensors, push-button start, and immobilizer chips cost $400-$800 to replace at the dealer (key cost $150-$300, programming $100-$250, locksmith trip $100). Dealer plan: $300-$600. Most auto insurance comprehensive policies cover key replacement after theft (not loss) with the deductible. Worth it if you lose keys more than once across the plan period; skip it if you have a track record of not losing them. Aftermarket key insurance from Carchex, AAA, and some credit unions runs 40-60 percent of dealer pricing.

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