Tesco Bank Box Car Insurance Review
Tesco Bank Box Car Insurance Review
What is Tesco Bank Box Car Insurance?
Tesco Bank Box Car Insurance is a car insurance product developed by Tesco Bank. It is designed to help drivers save money on their car insurance premiums, by offering them a range of discounts and incentives. The insurance is suitable for drivers aged 18-75 and can be taken out for any type of car. The policy covers third party, fire and theft and comprehensive cover, allowing drivers to tailor their policy to their individual needs. The policy also includes a number of additional benefits, such as breakdown cover, legal protection and a courtesy car.
How does Tesco Bank Box Car Insurance work?
Tesco Bank Box Car Insurance works by using telematics technology to monitor a driver’s driving behaviour. This technology uses a small black box, which is fitted to the driver’s car. This box monitors the driver’s speed, acceleration, braking, cornering and the time of day they are driving. The box also monitors the distances travelled and the types of roads they are driving on. All of this data is then used by the insurer to assess the driver’s risk and offer them a discounted premium, depending on their driving behaviour.
Advantages of Tesco Bank Box Car Insurance
One of the main advantages of Tesco Bank Box Car Insurance is the potential to save money on your car insurance premiums. The insurer uses the data collected by the black box to assess the driver’s risk and offer them a discounted premium, depending on their driving behaviour. The policy also includes a number of additional benefits, such as breakdown cover, legal protection and a courtesy car. In addition, the policy covers third party, fire and theft and comprehensive cover, allowing drivers to tailor their policy to their individual needs.
Disadvantages of Tesco Bank Box Car Insurance
One of the main disadvantages of Tesco Bank Box Car Insurance is the cost of fitting and monitoring the black box. The initial cost of fitting the black box can be expensive and the cost of monitoring the box is added to the driver’s premium. In addition, drivers may feel like their driving behaviour is being monitored, which could be off-putting for some people. Finally, drivers must be aged 18-75 to be eligible for the policy and drivers aged over 75 may find it difficult to get a suitable policy.
Conclusion
Tesco Bank Box Car Insurance is a car insurance product developed by Tesco Bank. It is designed to help drivers save money on their car insurance premiums, by offering them a range of discounts and incentives. The policy includes a number of additional benefits, such as breakdown cover, legal protection and a courtesy car. However, drivers must be aged 18-75 to be eligible for the policy and the cost of fitting and monitoring the black box can be expensive.