Researched commissioned by Defaqto recently found that women are far more concerned about their policies covering the cost of replacement of car door locks.

Mike Powell of Defaqto comments: “Replacing the locks of the vehicle if the keys were lost or stolen is seen as one of the most important cover elements for women, but for men, the survey highlighted that this cover feature was far less significant.

It appears that the feature is of more complexity than men, who generally give it far less significance, consider it to be with Mr. Powell breaking it down further

“Where cover is given, most policies will pay for the costs of replacing the locks, subject to any policy limit. Other policies also include cover for the costs of replacing the vehicles lock transmitter and central locking interface, and the affected parts of the alarm and/or immobiliser.”

Mr Powell echoed the sentiments of other advisors in his conclusion that drivers needed to review the wording in their policies as cover was usually  “subject to the policyholder being able to establish that the identity or garaging address of their car is known to any person who is in possession of the ignition keys.”

Source: Defaqto

Flex Luthor is a graduate turned entrepreneur known for his involvement in the widely opposed attempt to launch the first price checker for comparison sites, comparechecker.com