When you found out that your door lock is broken or lost keys, the first thing you would do is contact local locksmith services. The professional locksmith opens or fixes your door and hands you the bill, which blew your brains out.

“Why is it so expensive?”

Maybe for the locksmith, it seemed super easy, and you are wondering how can they justify insanely high locksmith prices. However, there are reasons most locksmiths’ prices are higher.

Of course, there are locksmiths that charge a fair price limit such as Locksmiths Cardiff Direct.

 

On-Demand

Usually, we require locksmith services to be on demand, which means they are expected to be quick and ready. 24/7 emergency locksmith service can immensely shoot up the locksmith costs.

P.S, Normal working hours rate is different than odd hours.

 

Insurance Coverage

Just like any industry, especially in locksmith services which requires manual labor increases the risk of human error. This is why they need insurance to cover locksmith services, in case of mistakes or damages.

Most expensive locksmith services will provide insurance coverage that covers the damaged locks within the property. This also means that they are paying insurance pay monthly or annually, which adds to their cost.

Of course, there is always an option for you to hire uninsured locksmith services, but you have to take the risk and bear the possible consequences.

 

Time Needed and High Complexity

One of the main factors behind the high prices is the complexities of labor. There is a saying that goes like this :

“You are paying because they know which buttons to press, not because they are pressing the buttons”

The time needed and complexity range from as easy as using a skeleton key to open, to using specialized tools or creating a transponder key. And now with new technological products such as electronic locks, locksmith prices, and locksmith costs will gradually get higher.