This article was written by Tim Meehan of MVPPA.
New York is one of the most recent states to pass a law benefiting car owners facing the modern challenge of key fobs. Empire State lawmakers approved legislation allowing car dealerships to cover key and key fob replacements through service contracts.
Today’s cars showcase countless high-tech features, including push-button start systems, security chips, and remote unlocking . When things go wrong, these high tech features can come at a cost. The Greater New York Automobile Dealers Association reports that replacing remote keys can cost from $250 to nearly $1,000, so consumers who purchase service contracts (sometimes called extended warranties) for their vehicles can now enjoy new peace of mind.
State Senator Neil Breslin sponsored the legislation, with support from the Motor Vehicle Protection Products Association (MVPPA). That organization works to authorize the sale of stand-alone vehicle protection products and pass legislation throughout the U.S. New York joins 32 other states that already allow keys to be replaced through service contracts.
"Purchasing a vehicle is a huge economic undertaking, so selecting the right product protection is an important part of the process," said Tim Meenan, executive director of MVPPA. "Replacing keys or key fobs can be quite expensive, and we’re proud to have helped provide New York vehicle owners gain a new sense of ease through this important new legislation.