Does Renters Insurance Cover Lost Keys and Door Lock Changes?

Lost keys and lock changes may be covered by renters insurance in specific circumstances.

Typically, you may receive coverage if your keys are stolen or locks are damaged due to a covered peril such as fire or vandalism. However, renters insurance does not usually cover accidental lockouts or misplaced keys.

What Happens if I Lose My Keys?

Many leases outline what happens if you misplace your keys or need a lock change. The first step after losing your keys is to review your lease agreement and contact your landlord to discuss next steps. In some cases, your landlord may have a spare key available or a preferred locksmith for you to use.

Your insurance policy usually only covers the cost of the locksmith if the lockout is due to a covered peril. Keep in mind that a claim would be subject to your deductible.

Prevention and Peace of Mind

Misplacing keys can be common, but the associated stress doesn't need to be. Unexpected lockouts can be prevented by keeping a spare key in a safe place.