Lloyds TSB Bank PLC was established in 1995 following the merger with Lloyds Bank who were formed in 1765 and the TSB Group who went back as far as 1810. In January 2009 it became Lloyds Banking Group following the purchase of HBOS. Later in 2009, due to financial problems, the Government took a 43.4% stake in the Group.
Like most major financial institutions seeking to improve profitability, the bank, over the years, expanded into the insurance market and now provides home insurance, car insurance, pet insurance, travel insurance, caravan insurance, life insurance and critical illness insurance.
Car insurance is provided by a panel of well known car insurers from whom you will be given the lowest quote to meet your needs both as a new customer and when you come to renew your policy.
You can obtain quotes and apply for car insurance either online, over the telephone or by calling into one of the bank’s branches located throughout the UK.
You have a choice of either fully comprehensive, third party fire and theft or third party car insurance.
Some of the benefits include a three year guarantee period with all approved claim repairs, UK based call centre, courtesy car whilst your car is being repaired (only available with fully comprehensive cover), no claims discount of up to 65% and European Union car insurance cover for up to 60 days at no extra cost.
Optional extras include Motor Legal Protection for up to £100,000, Keycare and RAC Breakdown Cover with numerous breakdown cover options to choose from.