Theft of Keys—Auto or Homeowners Coverage?

Q

Our insured had a set of keys stolen from his house and included in that set was the key to his personal auto. The auto key was not just an ordinary key but was also some kind of electronic device that controlled the locks on the car doors. The insured wants to have the locks changed on his car to protect against a possible future theft. Who should pay for this? Would the homeowners policy pay or would the personal auto policy cover changing the locks? In fact, which insurer would pay for the loss to the keys and the electronic device?

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