Thursday, September 29, 2005

Lloyds Car Insurance

About Lloyds Bank

The origins of Lloyds Bank stretch back to 1765, when John Taylor and Sampson Lloyd set up a private banking business in Birmingham, England. Two sons of the original partners followed in their footsteps by establishing a bank ? Barnetts Hoares Hanbury and Lloyd - in London?s Lombard Street. Eventually, this became absorbed into the Lloyds Banking Company.
Over the years, Lloyds Bank expanded through a series of mergers, including the Wilts and Dorset Bank in 1914 and the Capital and Counties Bank in 1918. By 1923, Lloyds Bank had made some fifty take-overs, one of which was the last private firm to issue its own bank notes ? Fox, Fowler and Co. of Wellington, Somerset.

1911 saw the formation of Lloyds Bank (France) when Lloyds Bank acquired Armstrong and Co., based in Paris and Le Havre. From 1917 it was run jointly as Lloyds and National and Provincial Bank. In 1955, Lloyds Bank bought full ownership and it became Lloyds Bank (Foreign) and later Lloyds Bank Europe.

in 1918 a strong connection with South America began, with the acquisition of the London and River Plate Bank. The later merger with the London and Brazilian Bank resulted in the formation of Bank of London and South America (BOLSA). In 1971, Lloyds Bank bought the controlling interest in BOLSA and merged it with Lloyds Bank Europe to form Lloyds and Bolsa International Bank. This name changed in 1974 to Lloyds Bank International and this was itself merged into Lloyds Bank in 1986.

1988 saw the Bank merge five of its existing businesses with the Abbey Life Insurance Company to create Lloyds Abbey Life.

By the early 1990s, Lloyds Bank had offices in 30 countries, from Argentina to the USA. In New Zealand, an already commanding presence as the National Bank of New Zealand was further strengthened by the 1994 take-over of the Rural Bank, making it the leading provider of agricultural finance.

On August 1 1995, Cheltenham & Gloucester (C&G) joined the Lloyds Bank Group. Later the same year, on 28 December, Lloyds Bank Group merged with TSB Group to form Lloyds TSB Group plc. In September 1996, Lloyds Abbey Life became a wholly-owned subsidiary of Lloyds TSB Group.

Features of Lloyds TSB Car InsuranceThis policy provides cover for:
  • Section A - Damage to a Third Parties property is covered up to £20 million.

  • Section A - Driving other cars is included within your Policy, subject to selected criteria being met.

  • Cover is limited to Third Party Only i.e. the car you are driving will not be covered. Please refer to your Certificate of Motor Insurance for confirmation of whether you have this benefit.

  • Section C - In-car audio, television, telephone and electronic navigation equipment. Details of limits can be found on your Motor Insurance Schedule.

  • Section C ? You will not be covered for theft of your vehicle if you leave the keys in the car.

  • Section D - Comprehensive includes windscreen damage cover. Windscreen damage does not cover broken glass in sunroofs.

  • Section E - Personal accident cover is not available to over 75 year olds.

  • Section G - Full foreign use cover is automatically included at no extra charge (countries applicable include any EU member country or associated countries).

  • Section H - Claims Legal Assistance Service provides up to £50,000 of legal expenses.

  • Section H - No refund of premium will be given in respect of cancellation of Claims Legal Assistance Service.

  • All repair work is guaranteed for 5 years if you use one of our recommended repairers.
Summary

Lloyds TSB Insurance is one of the UK?s leading insurance companies. Their products include car, home, travel, pet and health insurance and they use a panel of leading UK insurers to find the best possible deal for their customers. They then give an additional discount of up to 15% for buying online. Get a quote from TSB Insurance and you get a quote from their panel of top insurers associated with Lloyd TSB Motor Insurance. Visit the website below to get your quote now.

Lloyds TSB Car Insurance


2 Comments:

Anonymous Jill said...

My Aunty's Father has got Lloyds TSB Car Insurance, he said it is awesome. he also said that he liked the insurance.co.uk, Lloyds TSB Car Insurance and online quote. My Aunty's Father has recently has got Lloyds TSB Car Insurance and after some time to consider it he thought that the insurance co uk and home insurance made it great.

7:46 AM  
Anonymous Father Ted said...

At first I found a cheap insurance quote for my car, but not the cheapest I found. However I use LloydsTSB for banking and thought I would stay with them for my Car Insurance.

What a mistake!

They insisted on proof of a car alarm, and proof that an immobiliser was installed in my car, which I can understand if I said that I had one installed myself. However my car came with a factory fitted alarm and immobiliser, which requires a programmed micro chipped key to start, and a certificate was never issued for this, as it is standard on all models of my car. Yet LloydsTSB still insisted on having proof, even though this information is freely available. It seemed that they can not be bothered to check car details themselves. Other insurance companies seem to be fine with standard factory installed alarms and immobilisers, but it looks like the whole world knows or can find this detail out, apart from LloydsTSB.

For me to get proof of installation, I had to contact my local garage and ask them to write a letter to confirm this detail, which would cost me an administrative fee, as it was wasting their time (and mine!). So the cost of insuring my car has now gone up, since I had to pay the fee to my garage. The competitive quote now looks extremely average. LloydsTSB refused to cover my cost for the letter from my garage, which I find completely out of order, considering they should already know what they are insuring, and I am basically doing their job for them.

If you are looking to insure with them, my suggestion is to take into account that their quote my not be the price you pay!!

7:49 AM  

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