KEYWise Key Protection Coverage at Shaver Preferred Motors
Protect yourself from the unexpected cost of replacing a lost, stolen, or destroyed vehicle key or key fob.
Replacing a modern smart key or key fob typically costs between $200 and $500 — and some vehicles run even higher depending on the make, model, and programming requirements. For drivers in the Merrillville area, that is an unplanned bill that can disrupt a week.
KEYWise key protection coverage eliminates that risk. Available when you purchase a vehicle from Shaver Preferred Motors, KEYWise covers the repair or replacement of your vehicle key or key fob — up to $1,500 per covered loss — if it is lost, stolen, or destroyed. Coverage allows one claim per rolling 12-month period.
What KEYWise Covers
| Coverage | Benefit |
|---|---|
| Key & Key Fob Replacement | Up to $1,500 for repair or replacement if lost, stolen, or destroyed (one covered loss per rolling 12-month period) |
| Alternative Transportation | Up to $50 per occurrence for transportation to your home, workplace, or repair facility while your key is being replaced |
| Non-Vehicle Key Replacement | Up to $275 to replace other keys on the same ring — home, office, storage, and padlock keys — if the ring is lost or stolen |
| Home Lockout Service | Up to $100 for a locksmith if your home keys were lost or stolen with your vehicle key ring |
Eligible Vehicle Types
KEYWise coverage is available for automobiles, RVs, motorcycles, powersports vehicles, and personal watercraft. See your Shaver Preferred Motors finance representative for class definitions and eligibility details.
Backed by Strength You Can Trust
KEYWise is administered by Vehicle Service Administrator LLC, part of the Wise F&I family of companies. All Wise F&I products are underwritten by insurance carriers rated A- (Excellent) or better by A.M. Best — the insurance industry’s leading independent rating authority.
Ask Our Finance Team About KEYWise
KEYWise coverage is available when you purchase a vehicle from Shaver Preferred Motors in Merrillville, Indiana. Our finance team can walk you through how KEYWise fits into your purchase and what it covers for your specific vehicle.
| Call 219-235-8687 | Browse Inventory |
| Apply for Financing | Visit Us |
This page is for informational purposes only. Please review the complete KEYWise contract for all terms, conditions, limitations, and exclusions. Administration and obligor services provided by Vehicle Service Administrator LLC, 11662 Gravois Road, #22439, St. Louis, MO 63126, part of the Wise F&I LLC family of companies.