What is the cost of a replacement car key in the UK?

Imagine this scenario: You’re in a hurry, about to start the day, when you realize that your keys are gone. You panic as you realize that you’ll need to replace your car keys, but what will they cost? The cost of replacing a key for a vehicle can vary in the UK depending on varying factors. This article will explore the various types of keys and the factors that affect their price. We’ll also give you some tips on how to get a replacement for less money.

Different types of car keys

Over the years, car keys have evolved from traditional metal keys to electronic transponder key systems and even keyless entry. Here are some of the most common car keys in the UK.

1. Traditional metal key This is our basic car keys. The metal blade fits into the ignition and door of your car. The cost of replacing traditional keys is usually the lowest.
2. Transponder key: A transponder key has an embedded electronic chip. This chip communicates directly with the immobilizer of your car, adding an additional layer of protection against theft. Transponder keys are more expensive to replace than traditional keys due to their added technology.
3. Remote key: Also known as a car key fob or remote, this key allows you lock and unlock the vehicle remotely. The key may include a transponder. Remote keys have higher replacement costs than traditional keys because of their electronic components.
4. Keyless entry system This advanced system allows unlocking and starting your car without using a physical key. Modern, high-end cars are equipped with keyless entry systems. They are also the most expensive ones to replace.

Factors that affect the cost

The cost to replace a car in the UK is influenced by several factors:

1. Types of Key As we have already mentioned, the type or key that you are replacing will affect the price. The traditional metal keys are usually the least expensive, while keyless entry is the most costly.
2. Make and Model : The model and make of your vehicle can affect the price. Some rare or luxury vehicles require special keys that can be expensive to replace.
3. Dealer vs. Independent Locksmith: A replacement key purchased from the dealer can be more expensive than a locksmith independent. Dealer replacements can offer extra benefits such as programming guarantee.
4. Location : Prices for car keys can vary depending on where you are located in the UK. Prices in urban areas may be higher than those in rural regions.
5. Urgency : You may have to pay more for urgent services if you need a replacement.

Average Replacement costs

The cost to replace a car keys in the UK ranges from £4.62 up to £18.48. Here’s an approximate breakdown:

1. Traditional Steel Key : A replacement metal key is the most affordable and can cost between £4.62-£9.24.
2. Transponder Key: The cost of replacing a transponder key can range from £6.93 to £11.55.
3. Remote key : The cost to replace a remote can range between £9.23 and £13.87.
4. Keyless Access System As the most sophisticated option, replacing the keyless entry system is the most costly, ranging in price from £11.55 up to £18.48.

Cost of Replacement Key and Fob – 2022 Prices, Including Key Coding VAT

Average                                                £319.65

Saving Money Tips

There are ways to cut costs when replacing a car key.

1. Compare prices: Get quotes from several locksmiths or dealers to get the best deal.
2. Avoid Dealers For Basic Keys If you own a metal key, use an independent locksmith to save money.
3. Spare key If you have a working key, you should consider having a spare made. Duplicating a lock is often cheaper than buying a new one.
4. Insurance Coverage Check your policy to see if it covers the costs of lost or stolen car keys.

If stolen, are car keys covered by insurance? 

Finding out that your car keys were stolen can be an upsetting and frustrating experience. In addition to the inconvenience of having to replace modern car keys, it can be expensive. If you have the proper insurance, you can breathe a big sigh. This article will explore whether your car keys would be covered by insurance in the event that they were stolen, and we’ll help you to understand what options are available to you.

Insurance Types

When dealing with stolen keys, there are two main types of insurance that may be in play:

1. Comprehensive Car Insurance This type of insurance protects your car against many risks including theft, vandalism and accidental damage. Your stolen car keys may be covered if you have comprehensive coverage.
2. Key replacement Coverage Some insurance companies offer key replacement coverage as a separate policy. This coverage covers the costs of replacing stolen or lost car keys.

Are car keys covered if they are stolen?

If your car keys are stolen, you may be covered by your insurance. This depends largely on the type and level of coverage you choose.

1. If you have comprehensive auto insurance, theft of car keys will be covered. Comprehensive insurance protects you from a variety of risks, such as theft and damage to your vehicle. The car keys are covered under this policy because they are part of the security system for your vehicle. It’s important to understand your policy and any limitations or deductibles.

2. The stolen keys will be covered if you add key replacement coverage to your policy. The Key Replacement Coverage is designed to cover the costs of replacing stolen or lost car keys. This could include the cost to re-program or get a new set.

Important Considerations

It’s comforting that your insurance will provide some relief in the event of a car key theft, but there are a few important things to consider:

1. Deductibles : Both comprehensive insurance and the key replacement coverage may have a deductible you must pay before your insurance coverage kicks in. You can check your policy to find out what the deductible is for stolen keys.
2. Coverage limits Some insurance policies may have coverage limitations for key replacement. There could be a limit on the amount of money that an insurer will pay to replace keys.
3. Exclusions Always read your policy to ensure you understand any exclusions relating to stolen car keys. Some policies do not cover keys that are stolen by family or household members.

Insurance may cover car keys if they’re stolen, depending on what type of policy you have. In such cases, comprehensive car insurance and coverage for key replacement are the most common policies. It is important to carefully read the policy documents, understand any coverage limits or deductibles, and be aware of exclusions. If you lose your car keys or they are stolen, contact your insurer immediately to begin the claim process. They can also help you replace your keys.

Costs for replacing a key in the UK vary depending on factors such as the type of car key, the make and model of the car, the location and whether the locksmith is a dealer. The security and convenience that a working key provides are worth the cost. It’s important to know the costs and find ways to cut back on them before you are in a situation where you need a new key. A little planning can help you avoid unnecessary costs.