Cost of replacing lost car keys jumps nearly a third in two years

Lost car keys

Lose your car key and it’ll probably cost more than you think

Replacing lost car keys is getting increasingly expensive. Drivers who get that feeling of dread in the pit of their stomach when they realise their car keys have gone AWOL would be well served to search more thoroughly. If they do have to replace the key to their vehicle it will cost more than in previous years. And ironically, the added expense is down to so-called ‘keyless’ technology.

New figures released by key insurers Keycare have revealed that drivers who mislaid their car keys last year had to pay 29 per cent more than they would have in 2013. Keycare looked into claims from 1482 drivers in 2015 and found that the average cost of replacing a key is now £215. However, that price can escalate to nearly £1500 if you need a new central locking system too.

Why is the price of replacing lost car keys increasing?

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