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Lloyds Bank Car Insurance review
Lloyds Bank is one of the largest banks in the UK and offers a range of financial products, including car insurance. Lloyds Bank car insurance is underwritten by Lloyds Bank Insurance Services, which is a subsidiary of Lloyds Banking Group.
Lloyds Bank is a member of the Association of British Insurers (ABI) and regulated by the Financial Conduct Authority (FCA).
Lloyds Bank is also a member of the Motor Insurers’ Bureau (MIB). This means that the company is covered by the MIB’s compensation scheme, which protects policyholders in the event of their insurer becoming insolvent.
Lloyds Bank offers a range of car insurance policies, including comprehensive cover, third party fire and theft cover, and third party only cover. The company also offers a variety of optional extras, such as legal expenses cover, key cover, and breakdown cover.
Lloyds Bank is a good car insurance company. The company offers competitive pricing, good customer service, and a good claims record. However, it is important to compare quotes from different providers to make sure that you are getting the best deal.
Information was correct at the time of publication but may have since changed. Always check Terms and Conditions with the provider. This review is a guide and not advice or recommendation
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**51% of consumers could save £523.47 on their Car Insurance. The saving was calculated by comparing the cheapest price found with the average of the next six cheapest prices quoted by insurance providers on Seopa Ltd’s insurance comparison website (Quotezone). This is based on representative cost savings from August 2024 data. The savings you could achieve are dependent on your individual circumstances and how you selected your current insurance supplier.