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Yes, you should always change your locks after buying a house. Do so as soon as possible after you move in. Otherwise, you won’t know who has working keys to the property, whether they’re spare keys or otherwise. If an intruder gains access to your house with a key, it may not be covered under your homeowners insurance.

Typically, it can take around 15 minutes to rekey a lock. The time depends on the type of lock and how skilled you are at rekeying. The first time you rekey a lock, it may take a little longer. Once you get the hang of the process, it will move along much more quickly.

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.

When you take a key to a hardware store or a locksmith for copying, you can expect the key-cutting process to take as little as 30 seconds. The key copier will review your current key to decide on the correct blank. Then, your original key and the blank are inserted into a key duplication machine to cut an exact key copy. When it’s all said and done, you can have a new key in your hand in just a couple of minutes.