KP in car insurance meaning is Key Protection or Key Replacement cover. It is an add-on cover that helps you recover the cost of replacing lost, stolen, or damaged car keys. Modern car keys often come with smart features and electronic chips, making them expensive to replace. That is why having a key replacement cover in car insurance is important.

It reduces out-of-pocket expenses during emergencies and ensures you are not financially burdened. Some motor insurance plans even cover lockset replacement and locksmith charges.

This add-on is particularly useful if your car uses remote keys, smart keys, or push-start systems, which are costly to duplicate or replace.

Also read: Car Insurance Add-on Covers

Adding key replacement coverage to your policy offers several practical benefits. Here is why you should consider this useful add-on:

• Covers Loss, Theft, or Damage - If your car keys are lost, stolen, or damaged, the car insurance key replacement add-on helps you recover the replacement cost easily.
• Covers Advanced Key Systems - Most modern cars use remote or smart keys that are expensive to duplicate. This cover protects you from high replacement costs.
• Covers Lockset Replacement - If the key cannot be replaced individually, the policy add-on may cover the cost of replacing the full lockset.
• Includes Locksmith Charges - If you are locked out of your car, this add-on may reimburse locksmith charges to unlock the vehicle safely.
• Reduces Out-of-Pocket Expenses - With key replacement cover in car insurance, you avoid sudden expenses during emergencies related to your car keys.
• Useful During Emergency Situations - Whether you misplace your key at home or lose it while travelling, this cover ensures quick support and less hassle.
• Minimal Disruptions - Having a quick key replacement means you will have less downtime without your vehicle.
• Convenience - No need to hunt for locksmiths or dealers. TATA AIG General Insurance Company Limited manages the entire process.

Inclusion of Key Protect Cover in Car Insurance

A Key Protect Cover is designed to handle unexpected expenses related to car keys. Here is what it usually includes:

Replacement for Lost or Stolen Keys

If you lose your car keys or they are stolen, the key replacement cover in car insurance reimburses the cost of getting a new key. This applies to both traditional mechanical keys and advanced electronic or smart keys.

The policy covers complete key replacement so you can regain access to your vehicle without incurring high out-of-pocket expenses. This feature is especially useful when reprogramming or rematching the key is required for modern car models.

Break-In Protection Including Lock and Key Replacement

In case of a break-in, your vehicle’s security system may get compromised. If the locks and keys are damaged during such incidents, the KP in car insurance policy add-on covers the cost of replacing both.

This ensures that the safety of your vehicle is restored without financial stress. The cover also includes expenses related to lock reconfiguration or replacement when the key alone is not enough to fix the issue.

Repair or Replacement for Damaged Keys

Keys can sometimes break, bend, or get damaged due to attempted theft or accidental drops. If the key becomes non-functional due to such damage, the KP in car insurance cover pays for its repair or full replacement. It includes both manual and electronic keys, depending on the nature of the damage and the make of the vehicle.

Coverage for Labour Charges

Replacing or repairing car keys or locks often involves service from a technician or locksmith. The car insurance policy add-on includes the labour charges for fixing locks or replacing keys at the location. You do not need to pay separately for the mechanic’s time or effort, making the process smoother and more affordable.

Emergency Locksmith Services

If you get locked out of your car, the key replacement coverage reimburses the cost of locksmith services required for key retrieval or lock replacement. This helps you avoid the high service fees often charged during emergencies, especially if the incident occurs at odd hours or in an unfamiliar location.

Reprogramming Costs for Smart Keys

Modern vehicles come with chip-based or remote-controlled smart keys. These often require reprogramming if lost or replaced. This KP in car insurance includes the cost of reprogramming such keys to ensure compatibility with your car’s system, saving you from expensive dealership charges.

Delivery Charges for Replacement Keys

If your new key needs to be delivered to your home, workplace, or breakdown location, the delivery charges may also be covered. This car insurance key replacement benefit adds convenience, especially when you are stranded or unable to collect the replacement key in person.

Exclusions of Key Protect Cover in Car Insurance

While Key Protect Cover adds convenience and security, it does come with certain exclusions. Knowing these will help you avoid unexpected claim rejections.

• Negligent Handling or Intentional Damage - If you lose your keys due to careless handling or intentionally damage, or misplace them, the insurer will reject the claim.
• Pre-Existing or Gradual Damage - Keys that are already damaged before buying the KP in car insurance cover or have deteriorated over time due to normal wear and tear are not eligible for claims.
• Undeclared or Extra Keys - Only the keys declared under the policy are covered. Claims for duplicate or additional sets not registered with the insurer are excluded.
• Mechanical or Electronic Failures - Malfunctions in smart or electronic keys caused by internal faults or mechanical breakdown of keys are usually not covered under KP in car insurance add-on.
• Unauthorised Repairs or Locksmiths - If you use a locksmith or service centre not approved by the insurer, your claim will likely be rejected.
• No FIR for Theft or Break-In - In case of theft or vehicle break-in, a police FIR is mandatory. Claims without this official proof will not be entertained.
• Accessories Not Covered - The car insurance policy add-on does not cover keychains, remotes, or tags attached to your car key.
• Claim Limits Apply - There may be a cap on the number of claims allowed per policy year. Exceeding this limit will lead to the denial of additional claims.

Please note - This is a general list of inclusions for key replacement cover in car insurance. For a complete and the most accurate list of exclusions, please refer to your policy document.

The cost of KP in car insurance is usually affordable compared to the expenses of replacing modern car keys. Premiums for this add-on vary depending on the insurer, the type of car, and the key technology used. Generally, the cost ranges from a few hundred rupees to a couple of thousand per year.

Smart keys, transponder keys, and push-start systems can cost several thousand rupees to replace. Without this cover, you may have to bear the entire expense yourself. With the key replacement coverage, you only pay a small additional premium, while the insurer covers replacement, lockset changes, and locksmith charges.

The final premium depends on factors like car model, car insurance policy terms, and coverage limits. Considering the high replacement costs of modern keys, this add-on is a cost-effective way to enhance your car insurance plan.

Purchasing a Key Protect cover online is simple and takes only a few steps when renewing or purchasing your car insurance:

• Visit the TATA AIG website or mobile app to buy car insurance.
• Select “Buy” or “Renew” to get a car insurance policy online.
• Fill in vehicle details and personal information.
• Choose Key Protect from the list of available add-ons.
• Review your premium amount, including the add-on.
• Make a secure online payment to complete the process.

This car insurance key replacement coverage ensures your keys are protected with your policy, effortlessly and digitally.

To initiate a claim under key replacement cover:

• Notify us as soon as you lose/damage your keys.
• Lodge an FIR (First Information Report) when it is lost due to theft or burglary.
• Complete the claim form and provide any requested supporting documents.
• Include invoices or bills for the repair and/or replacement of the keys.

TATA AIG will evaluate and settle the claim in accordance with the terms of your policy.

KP in car insurance is a smart add-on that saves you time, money, and stress during key-related emergencies. It covers everything from replacement and reprogramming to locksmith services.

With TATA AIG, you can buy car insurance, add the KP cover, and even check car insurance status online in just a few clicks. You also get access to practical add-ons like Zero Depreciation, Engine Protect, and more.

With this cover, your car insurance policy becomes more practical and complete, because even small disruptions should not slow you down. Our quick claim support, nationwide garage network, and coverage for advanced key technologies make the Key Protect add-on truly worth it.

Whether you drive a basic hatchback or a premium smart vehicle, TATA AIG car insurance helps you stay protected on all fronts.