Car Insurance: What Happens If You Lose Your Car Key?

Car Insurance : Cars have become a symbol of luxury and comfort in today’s world, and it’s no surprise that car buyers prioritise these qualities. However, one aspect that often causes worry is the possibility of misplacing or losing the car key. In such situations, people often resort to alternative methods to obtain a new key, which can bring about its own set of difficulties.

Car Insurance and Lost Keys: What You Need to Know

If you choose to get a new key from the car company itself, you may have to shell out a hefty sum of 25,000 rupees plus GST. This can be quite overwhelming for those who find it hard to justify spending such a large amount on a small key. Thankfully, there are other options available, such as getting a duplicate key from a local shop. However, relying on duplicate keys can lead to its own set of troubles.

When you opt for a new key from the car company, the entire locking system needs to be changed, which can be a complicated process. Furthermore, if you choose this route, you might not be able to claim insurance for the key. On the other hand, if you go for car insurance, it may cover the cost of getting a new key, along with other benefits. The reimbursement amount for a new key varies depending on the car company, but it typically ranges from 200 to 300 rupees.

With the rise of remote-controlled cars and keyless entry systems, losing a car key can be particularly problematic. In such cases, replacing the key means replacing the entire car system, as these modern cars have computer coding linked to the key. This is why it’s crucial to ensure that the car key is properly insured. Car purchasers have the option to insure the key along with the car itself, providing an added layer of security and peace of mind.

Also Read: Flipkart Diwali Sale: Unbelievable Smartphone Discounts!

In conclusion, the cost and inconvenience associated with losing a car key can be significant. However, by exploring different options, such as insurance coverage and local shops, car owners can find more affordable solutions. It’s important to consider the specific requirements of your car and choose the option that best suits your needs.

Join WhatsApp