Tesco Bank provides car insurance to drivers aged 21 and over, as well as ‘black box’ telematics polices for young drivers. It is part of the Tesco Group, which also offers banking and insurance products, alongside its supermarkets and superstores.
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Why choose Tesco Bank?
Tesco Bank offers a number of benefits for policyholders, including:
- Motor legal protection included as standard.
- Guaranteed discount for Clubcard holders.
- Discounts awarded through Tesco’s driving app.
- Protection on no claims discount where applicable.
- 90 days EU cover at no additional cost.
- 24-hour UK-based customer helpline.
- Online account management
Facts about Tesco Bank
1.8 million customers have car, home and pet insurance with Tesco.
Tesco Bank’s credentials
Tesco Bank car insurance is arranged and administered by Tesco Bank and is underwritten by a range of insurers.
Telematics policies, which uses satellite tracking to reward safe drivers, are arranged and administered by Insure The Box Limited and underwritten by Aioi Nissay Dowa Insurance Company.
Tesco Bank is authorised and regulated by the Financial Conduct Authority.
Why it pays to shop around
Every year nearly a quarter (23%) of Brits ‘auto-renew’ their car insurance with their existing insurer, often at a higher premium than the year before. In fact, being loyal to your provider or simply letting your policy roll over can cost you up to £113 more than if you shopped around for cover, according to MoneySuperMarket research.
Visit our car insurance channel today and run a price comparison to see if your car insurance premium could be reduced.