In the United Kingdom several insurance companies are operating and provide insurance policies to the customers to cover various areas. You can get the insurance covers in almost all fields like travel and tours, motor vehicles, life and health and so many others. The customers can get the excellent advantages from several insurance companies at the inexpensive prices. One of the famous companies in the insurance field is Tesco.
Tesco enjoys the top position in the insurance business and is regarded to provide best deals in insurance covers. Consequently, Tesco holds a major share in the insurance market as it gives maximum benefits to its customers who go for the Tesco insurance products and these are not otherwise available from the other insurance providers in the market.
Field of Operation of Tesco Insurance
Tesco basically offers insurance products in three major areas. The automobile insurance covers a van, car or value car only and does not admit the cover on radio or music system and the windshield. If you log in the Tesco’s website for an online quote, you can also access for obtaining offers from other insurance providers and equate the offers with Tesco in order to know the cost and the advantages obtainable. You can make a most beneficial decision after comparing the different offers. Tesco furnishes an open window to the total insurance market for prices and services for making a best deal on your insurance policy. You can evaluate the advantages and disadvantages of several offers from different operators in the field.
In addition to the vehicle insurance, you can receive the information about other insurance policies offered. These comprise of home insurance, tour and travel insurance, pet insurance and even the personal loans one can get. One of the attractive offers about the automobile insurance is the benefit of “no claim’ bonus to the drivers over fifty years of age as “no claim bonus” under the car insurance plans, if they have an accident free record. This provision indirectly slashes down the premium payable for the vehicle insurance as a benefit of no claim.
A 65% rebate is applicable on the insurance premium even to the drivers who have excellent record. This rebate is called “no claim discount” or NCD. The drivers over 50 years of age get the advantage from this with a rebate up to 70 % on the insurance premium. The insurance premium payable after availing these discounts is very low. This is one of the important factors for the popularity of Tesco insurance among consumers all over the United Kingdom.
It is a common practice with most of the insurance service providers to reinforce their relationship with their clients by giving them handsome rebates. As the customers find it more economical to obtain all benefits by paying less, they retain their insurance cover, in their own interest, with the particular company. Tesco always promptly provides rebates to benefit its customers as a special reward to its clients in the form of discounts and leads the way for its competitors in the insurance business.