Key cover sold as an add-on to motor insurance
Contracts of insurance sold as an add-on to motor insurance and relating to cover for lost, stolen and/or broken keys.
| Firm | Sales type | Claims frequency | Claims acceptance rate | Average claims pay-out |
|---|---|---|---|---|
| Admiral Insurance (Gibraltar) Limited | Add-on | 4.0% to 4.99% | 85% to 89.9% | £200 to £249 |
| Ageas Insurance Limited | Add-on | 0.5% to 1.00% | 75% to 79.9% | £200 to £249 |
| Amtrust Europe Limited | Add-on | 4.0% to 4.99% | 70% to 74.9% | £150 to £199 |
| esure Insurance Limited | Add-on | 0.5% to 1.00% | 90% to 94.9% | £350 to £399 |