Could Tesco Bank car insurance be the right option for you?
We’ve been grocery shopping with Tesco for decades, but did you know it also offers car insurance? It has comprehensive and third-party fire and theft car insurance for drivers aged 21 and over, and telematics insurance for drivers aged 17 to 35.
Although it might have been reliably providing you with your weekly shop, that doesn’t mean it’s the right choice for your car insurance.
Make sure you’re getting the right insurance from the right provider by comparing policies to find one that suits your needs.
You can add policy extras to your Tesco car insurance to provide more cover, but they’ll add to the cost of your premiums, so only get them if you need to.
Tesco’s added extras are:
Tesco offers an uninsured driver promise as standard with comprehensive policies, so you won’t lose your no claims discount if you’re hit by an uninsured driver.
Basic cover for EU driving is also included.
Tesco Bank was originally formed jointly by Tesco and RBS in 1997. Since then, Tesco Bank has been fully bought by Tesco plc.
It aims “to be the bank for people who shop at Tesco”. But don’t worry – you don’t have to be a faithful Tesco shopper to take out its car insurance.
Tesco Bank prides itself on putting the customer first and rewarding loyalty, and that every small help makes a huge difference.
The ways you can save money on your car insurance are pretty much the same no matter which provider you choose.
Pay annually instead of monthly, build up your driving experience and improve vehicle security are a few ways you can get cheaper car insurance.
Tesco Clubcard Members can also get a guaranteed discount on Tesco Bank car insurance.
Telematics policies can be a cheaper alternative to regular car insurance, especially for younger drivers.
The cheapest car insurance isn’t necessarily the right one for you, so compare all your options to see what’s the most suitable.
Claiming on your car insurance is stressful enough, without the added cost of your excess – and we want to help with that.
If you do need to claim, you'll have to pay your excess first, and then we'll refund up to £250 after your claim's settled.
It really is free. We haven't hidden the cost anywhere.
^Up to £250 refunded after claim settled. Car insurance purchases only. Excludes breakdown, windscreen and glass repair/replacement. Full T&Cs apply.
Based on independent research by Consumer Intelligence during 1 February to 28 February 2021: 51% of consumers could achieve a saving of up to £217.29 with GoCompare car insurance based on a comparison of 31 companies.