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Rekeying a lock changes the internal mechanism so that a new key works, while replacing a lock involves swapping out the entire hardware. Rekeying is a good, cost-effective option when you want to ensure old keys no longer work, such as after moving into a new home or losing a key. It's also ideal if you want to keep your existing lock hardware. You should opt to replace the locks entirely if you want to upgrade to a more secure or different style of lock, if the current lock is old or damaged, after a break-in, or if too many copies of the old key exist.

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.

A door lock service is performed by a professional locksmith, and the cost of hiring a locksmith for these kinds of repair tasks usually runs in the $100 to $250 range. It all depends on the type of locks you have, how many locks are included in the service, and where your home is located. Always choose reliable, trustworthy locksmiths, and get a few quotes before making your choice. 

Smart locks offer a similar level of safety to traditional or conventional locks because they often use comparable locking mechanisms, such as deadbolts. The primary difference is the access method: smart locks use a login or code instead of a physical key, which adds convenience. While not inherently safer, some smart locks have added security features that can deter intruders, like shutting down after too many incorrect code attempts or being harder to pick. For the best security, it's recommended to combine any lock with other home safety features like motion-activated lighting, security cameras, and window and door sensors.