When Keys Go Missing, We’ve Got You Covered

We've all been there. You're on your way out the door, and suddenly you can't find your keys. You check the counter, dig through your coat pockets, check your backpack, look through yesterday’s jacket pockets, empty your purse, and lift every couch cushion in sight. Sometimes you find them right away. Other times? They've vanished into thin air.

Not-so-fun fact: Americans spend an average of almost 17 hours each year looking for things they’ve lost. It probably comes as no surprise that items people lose most often are phones and keys. People search about 16 minutes, on average, before finding them. That’s IF they find them. Losing or damaging your keys isn't just annoying. It can also cost you a lot of money. 

You know the saying ‘Time is money?’ When your car key is lost, it can feel especially true. Years ago, car keys were simple pieces of metal that cost a few dollars to replace. Today’s car keys are high-tech devices with buttons, computer chips, and wireless technology. They make vehicle ownership more convenient, but there's a catch: they can be expensive to replace. According to Edmunds, it can cost up to $600 or more for an advanced key fob replacement at the dealership. 

The possibilities for stress don’t stop at the price tag. If your keys are locked inside your car or lost far from home, for example, you might also need help with towing, getting your car unlocked, or finding another way to get around. All these extra costs and hassles can turn a small mistake into a major headache. But they don’t have to.

How Key Replacement Protection Helps

This is where Key Replacement Protection from Toyota Financial Services comes in. You can purchase Key Replacement Protection at the time of vehicle purchase as a standalone product or as part of a Tire & Wheel Protection Plan. Whichever works best for you. Think of it as a soothing, cushiony safety net for those moments when covered keys disappear. Here's what this coverage* can do for you – and your peace of mind: 

Replacement of your covered vehicle key or remote: If you lose your key or it gets damaged, you're covered for up to $800 per occurrence to get a new one.

Vehicle lock-out assistance: We’ll help you unlock your vehicle if your covered keys are lost, damaged, or stolen, up to $100 per occurrence. 

Towing assistance: If your keys go missing when you’re away from home, towing help is available for up to $100 per occurrence.

Substitute transportation reimbursement: Need a ride while you're waiting for your new key? You can get reimbursed up to $75 per occurrence for things like a taxi, rideshare or rental car. 

Replacement of additional non-programmable keys: If you lose your non-electronic vehicle keys at the same time, those are covered too—up to $250 per lost key claim, with a limit of three occurrences.

Everyday Peace of Mind 

The best part about Key Replacement Protection isn't just the money it can save you, although that’s pretty sweet. It's about the peace of mind it provides. Losing your keys can feel like a crisis, especially when you're already running late or when you’re far from home. But with this coverage, you can take a deep breath and know we’ve got your back. Doesn’t that feel better? 

Losing Your Keys Is Stressful—But It Doesn’t Have to Be a Key-tastrophe! 

Life is unpredictable, and sometimes things go wrong. Keys get lost, stolen, or damaged. It happens. But with Key Replacement Protection, you don't have to let a small mishap throw off your whole day, rattle your nerves — or drain your bank account.  

For more info, download our Key Replacement Protection Brochure and follow @toyotafinancial for more tips on protecting your drive—and your peace of mind. 

*Depending on the state in which purchased, Key Replacement Coverage is provided through either a service agreement or a motor club membership. If Key Replacement Coverage is provided through a service agreement, the obligor for Key Replacement Coverage is Toyota Motor Insurance Services, Inc. (“TMIS”), located at 6565 Headquarters Drive, Plano, TX 75024, Texas license number 143.  

For Key Replacement Coverage Service Agreements in Florida, Toyota Motor Insurance Company (“TMIC”) is the obligor. The address of TMIC is 6565 Headquarters Drive, Plano, TX 75024, Florida License Number 02871.  

If Key Replacement Coverage is provided through a motor club membership, the obligor for Key Replacement Motor Club Membership Coverage is SafeRide Motor Club, Inc., 13901 Midway Road, Suite 102-429, Dallas, TX 75244-4388. All coverages are administered by Safe-Guard Products International, LLC, Two Concourse Parkway, Suite 500, Atlanta, GA 30328. 

In Florida, the Administrator is Safe-Guard Warranty Corporation, Florida License Number 60126, Two Concourse Parkway, Suite 500, Atlanta, GA 30328. 

©2025 Toyota Motor Insurance Services, Inc. d/b/a Toyota Financial Services. All rights reserved. 

Toyota Financial Services is a service mark used by Toyota Motor Insurance Services, Inc. (TMIS) and its subsidiaries. Voluntary Protection Products are administered by TMIS or a third party contracted by TMIS 

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