I use this style regularly. Unfortunately people take things with them and if I have something attached to our RV or Jeep it is valuable, be it a bike rack, trailer or the hitch itself. So peace of mind is valuable to me and it is a very cost effective solution to this Problem. I have many of these that fit a variety of hitches, racks and hitches so my RV key fob will have multiple of the same keys. I borrowed my wife's nail polish and painted the rings in locks so I could tell which was which.
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