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The True Cost of Rekeys – How InstaKey Can Save Thousands

Product Reviews > The True Cost of Rekeys – How InstaKey Can Save Thousands

5577108264_d994cdbda2_bWhile traditional key systems are less expensive to set up, they can end up costing quite a bit of money over time if you have to rekey locations on a regular basis.  InstaKey, while more expensive at the onset, has far more long term benefits including reduced hassle and reduced cost.

When is InstaKey Valuable?

Picture this scenario: Your trusted store manager John Doe has keys to your store.  John has the ability to lock and unlock the store, arm and disarm alarms, and gain access to the safe.  In essence, all of the store’s money lies in your trusted manager’s hands.  But wait – it turns out that John isn’t so trustworthy after all.  You find out late in the afternoon from another store manager that John took money without authorization and hasn’t shown up for two days.  You have obviously let him go at this point, but he still has the most valuable item in your store – the keys.  John has unlimited access to your store and everything in it.  Due to the fact that he has already taken money from the store, you fear that John will come back and take more.  This means that you now need to go through the cost and hassle of rekeying your store to protect your assets.   Your store is on a managed key system, so you need to have a technician come out to perform an after-hours emergency temporary rekey and then they will have to return to install the new permanent key system.  This is going to cost you a lot of money, not to mention hassle that you don’t need.  For the average retail location that has 2-4 exterior doors, on average, a rekey costs around $200-$250.  Some retail and restaurant locations have high turnover and must rekey their locations on a somewhat regular basis.  For nine rekeys, this would total anywhere from $1,800 to $2,250.

Now picture this scenario:  You know that the manager has the keys and know that the store must be rekeyed.  All that you have to do is get a packet out of the safe, insert a key into your locks, and that’s all.  No technician is needed, no new cores are ordered, and minimal hassle was incurred.  Then you call your key system provider and tell them to send you another packet to keep in your safe should the need arise again.  You then sit back in your office chair and smile knowing that this cost you 75% less than what the process outlined in the emergency rekey steps would cost.

How Does InstaKey Work?

InstaKey is a powerful alternative to the traditional key system while offering the same benefits.  InstaKey Security Systems eliminate core changes and after hours locksmith services by utilizing rekeyable lock cylinders.  In other words, you can rekey a lock without having to replace the core.  Moreover, the keys used are patent restricted keyways that cannot be copied.  Instakey also provides an added layer of security with the ability to track keys to personnel for an incident or audit by offering on-line software.

Learn more about how InstaKey works and how it can help you save money.

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