Lloyds Bank car insurance overview
Lloyds Bank car insurance is part of the Lloyds Group, which also includes Halifax. Its policies are underwritten by a panel of insurers.
What you need to know about Lloyds Bank car insurance:
- 23.5% APR for monthly payments
- Optional total loss courtesy car cover for up to 28 days
- No cover for child car seats
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Lloyds Bank’s car insurance policy: is it good or bad?
We analyse and rate the 58 most important elements of standard car insurance policies to come up with the overall policy score. We assess how important each individual element is to drivers when choosing and using a car insurance policy, and weight it accordingly when calculating our total policy score.
Initially, we score all of the product elements out of five, reflecting how competitive each provider is in this area compared with other insurers. Weightings are then applied to the higher and lower element scores to enhance/reduce their impact in the overall product score.
Halifax did not supply us with up-to-date data on its policy. Therefore, this analysis is based on its policy as of July 2018. We will next update our table in January 2020.
|Interest charged on payment by instalments (APR)|| |
|No fault no claims discount(NCD) benefit?|| |
|Uninsured driver NCD benefit?|| |
|NCD protection claims(number per year)||2 claims in 3 years|
|Theft of keys limit||£1,000|
|Fire excess(standard compulsory)||£200|
|Theft excess(standard compulsory)||£200|
|Accidental damage excess(standard compulsory)||£200|
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