Key cover sold as an add-on to motor insurance
Contracts of insurance sold as an add-on to motor insurance for lost, stolen and/or broken keys.
| Firm | Sales channel | Claims frequency | Claims acceptance rate | Average claims pay-out£ |
|---|---|---|---|---|
| Admiral Insurance (Gibraltar) Limited | Add-on to motor insurance | 2.0% to 2.99% | 90% to 94.9% | £200 to £249 |
| Ageas Insurance Limited | Add-on to motor insurance | 2.0% to 2.99% | 85% to 89.9% | £150 to £199 |
| Amtrust Europe Limited | Add-on to motor insurance | 2.0% to 2.99% | 95% to 100% | £200 to £249 |
| esure Insurance Limited | Add-on to motor insurance | 0.0% to 0.99% | 80% to 84.9% | £300 to £349 |
| Great Lakes Insurance SE | Add-on to motor insurance | 3.0% to 3.99% | 40% to 44.9% | £250 to £299 |