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Getting a Key Replacement Car Key Isn't As Costly As You Think Everyone has a friend who is always losing their car keys. It's not as expensive as you think to buy a new key or key fob. Go through the owner's manual to determine if your key fob is resettable by you (usually requires pressing a few keys in a certain order). Check your car insurance policy or bumper to bumper warranty for coverage of the cost of the replacement of your key fob. Keys lost or stolen In the past, losing your car keys wasn't too big of an issue.