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Lloyds Bank car insurance review

Read Which?'s expert review of Lloyds Bank car insurance. Find out how we rate the Lloyds Bank's policy against 30 other providers.

In this article
Lloyds Bank car insurance overview Lloyds Bank’s car insurance policy: is it good or bad?

Lloyds Bank car insurance overview

Lloyds Bank car insurance is part of the Lloyds Group, which also includes Halifax. Its policies are underwritten by BISL   

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

Lloyds Bank sits near the bottom of our overall analysis, primarily on account of its poor policy score. However, as far as customer satisfaction goes, it's almost exactly in the middle (16th out of 31).

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Lloyds Bank’s car insurance policy: is it good or bad?

We analyse and rate the 53 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.

Table last updated in January 2018. Next updated in July 2018

Most important policy elements
Policy element Details Rating
Interest charged on payment by instalments (APR) Subscriber only content Subscriber only content
No fault no claims discount (NCD) benefit? Subscriber only content Subscriber only content
Uninsured driver NCD benefit? Subscriber only content Subscriber only content
Renewal fee Subscriber only content Subscriber only content
NCD protection claims (number per year) Subscriber only content Subscriber only content
Theft of keys limit Subscriber only content Subscriber only content
Fire excess (standard compulsory) Subscriber only content Subscriber only content
Theft excess (standard compulsory) Subscriber only content Subscriber only content
Accidental damage excess (standard compulsory) Subscriber only content Subscriber only content