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Smart locks offer around the same level of safety as conventional locks with keys. The best way to secure your door locks is to combine routine locking mechanisms with other home safety features, like lighting, motion sensors, security cameras, and window and door sensors. 

Smart locks have the upper hand when it comes to convenience—you won't have to worry about your key not turning in the lock or fumbling around in your bag for your keys—but beyond that, any door with deadbolts will offer a similar degree of security.

Rekeying should be done when employees leave or keys are lost, while replacement may be necessary for outdated or damaged locks.

As with any computer, smart locks can be hacked by someone with the technical skills to do so, but most people do not have that ability, making smart locks relatively safe. If you have any concerns about a compromised smart lock, opt for an encrypted smart lock, change your Wi-Fi password, and make sure that you only give out your password to trusted family and friends.

Expect to pay between $50 to $200 if you hire a locksmith to change your locks. That figure includes labor and the cost of basic hardware. The cost will naturally be higher if you plan to install more expensive locks, like smart locks, and if you need a lot of them.

Homeowners can save money by replacing locks themselves. A typical rekeying kit costs about $10 to $25. The only additional cost is purchasing new house keys, and those are no more than a few dollars per key. If you want to replace the locks on your own completely, the main cost is the price of the locks themselves. A standard knob-style lock starts around $25, while electronic locks and smart locks will run in the hundreds of dollars. The only additional tools you should need are a tape measure, screwdriver, and screws if they are not already provided.