While you pay a slightly higher premium to include the add-on cover, the premium amount is comparatively lower than the actual cost of replacing the car key(s). Please note, the reimbursement towards this claim will be the maximum sum insured amount set for the replacement or repair of the key(s) lock/lockset. Also, under the comprehensive car insurance policy, insurers do not cover the repair or replacement cost of the car key(s)/lock/lockset. In case of an accident and the key lockset is damaged, you will have to pay from your pocket; however, with the Key Protect add-on, you can recover the cost.