Lost Car Key Insurance Coverage: Why Is It Important For Your Customers?

When a customer loses their car keys, inconvenience is unavoidable, particularly if they are away from home and, therefore, not within reach of the spares. However, the consequences aren’t limited to disrupted routines, particularly as modern car keys and fobs are equipped with advanced security features that make it challenging to duplicate a lost key.

Lost car key insurance is a sensible precaution, from wherever the vehicle owner chooses to obtain their replacement key or fob. In this article we’ll explain why you should recommend lost car key insurance to your customers.

What Is Lost Car Key Insurance Cover?

Many car insurance providers offer lost car key insurance as an inclusive benefit or optional add-on, helping customers financially if their keys go missing. Often, this coverage includes the cost of:

• Replacement keys or fobs
• Car key and immobiliser reprogramming
• Replacement locks to mitigate the risk of vehicle theft

What Are The Benefits Of Lost Car Key Insurance?

There are multiple benefits for both your business and your customers if they purchase lost key fob insurance:

Cost Savings

The cost of insurance cover is relatively low compared to the potential savings it offers. Replacing a lost key can be incredibly expensive, depending on the make and model of the vehicle and the complexity of the missing device. With lost car key insurance, your customers can avoid these hefty expenses, saving them significant amounts of money and anxiety.

Stronger Customer Relationships

By promoting lost car key insurance to your customers, you will demonstrate that you understand the potential disruption they could face should their car keys go astray. By showcasing your commitment to providing valuable advice that could benefit them financially, you will strengthen your customer relationships and earn their trust.

Increased Customer Loyalty

Many motorists don’t protect their car keys, so a customer who loses them but has taken advantage of lost key insurance will save a significant amount of money, and will most likely thank you for the recommendation. Even if your customers don’t need to claim on their insurance policies, they will recognise that you offer sensible advice, which can lead to increased customer loyalty and positive word-of-mouth recommendations.

Find Out More About Our Replacement Car Keys

When customers lose their car keys, it’s crucial that you can step up and provide them with a fast and affordable solution to minimise inconvenience and get them back on the road.

To find out more about our services, please get in touch today.

Image source: Canva