Lloyds TSB Home Insurance

Read our helpful information and make sure you have adequate home insurance cover!

Since it was founded in 1999 Lloyds TSB has aimed to offer competitive home insurance cover by giving a better deal to responsible homeowners and reducing premiums further by using the internet as their primary sales channel and using technologically advanced systems. It was started by Peter Wood, who was the brainchild behind the telephone based insurance revolution that occurred with the launch of Direct Line. He has turned his expertise to the internet and made Lloyds TSB one of the fastest growing insurers ever, employing around 2000 people and which now offers home insurance, car and travel insurance. Lloyds TSB home insurance is backed by the Halifax Bank of Scotland group.

Included among the many benefits of taking out a policy with them are instant online Lloyds TSB home insurance quotes with the option to pay monthly. The company, which boasts over 1 million customers, officially launched Lloyds TSB home insurance in March 2002 with its contents insurance cover with market-leading benefits including up to 45% no claim discount and enhanced garden contents and office equipment cover included as standard. There's also a 15% discount for buying online and a further discount if you take both buildings and contents cover. Also if you have approved security locks a further reduction in your premium may be applicable.

Their policies offer many benefits as standard that competitors include as optional extras, for instance Lloyds TSB's home contents policy includes extensive cover for your garden and its contents, and 'home office' equipment such as laptops, printers, PCs and faxes are covered up to £10,000. There is a 24 hour emergency helpline and automatic approval of most valid claims by phone, regularly within minutes.

Accidental damage cover is offered as an optional extra on both contents and buildings insurance, for an additional premium. You can also add family legal protection at a small extra premium which will provide you with legal assistance and advice in disputes involving things like employment contracts, bodily injury, tax enquiry cases, purchased goods & services and more.

The Lloyds TSB home contents insurance premium that you pay can be reduced with their no claim discount of up to 40% no claim discount for 5 claim-free years, which will increase by 1% each claim-free year up to a maximum of 45% (i.e. 10 claim-free years).

Possessions can be covered while they're temporarily removed from the insured address anywhere in the United Kingdom and while they're temporarily removed for up to 60 consecutive days anywhere in the rest of the world. Any separate item valued at £1500 or more must be identified separately on your Lloyds TSB contents insurance policy where it will be classed as a "specified item".

As the premiums are so advantageous there are some things that you will need to confirm in order to obtain an online Lloyds TSB home buildings insurance quote, these include that your property is owned by you and is your main residence with its own separate lockable front door, that it is constructed of brick, stone or concrete and has a roof of tile, slate, asphalt, metal or concrete. Lloyds TSB do not provide online quotes for listed buildings. It must also never have been damaged by subsidence, landslip or heave or by flood.

The home you wish to insure must be occupied only by you (any joint policyholder) and your family permanently living with you, as a permanent private residence and not as business premises. To obtain an online home insurance quote your property must not be left unoccupied in excess of 60 consecutive days (i.e. for extended holidays), must not be a holiday home and must not be regularly unoccupied throughout the night. It must be in a good state of repair and you must undertake to keep that way.

You also need to confirm some details about yourself, any member of your family living permanently with you, and any joint named policyholder. To get an Lloyds TSB quote policyholders must confirm that all occupants have not had home insurance cancelled, refused or renewal refused, had a burglary at the proposed address within the last 3 years, been convicted of any offence involving dishonesty, fraud, violence, criminal damage, arson, drugs nor is any prosecution or police enquiry pending. They must not have made more than one claim, suffered any loss or damage on home insurance within the last 3 years, been asked to pay an increased premium or asked to accept any special conditions or had any special terms imposed, or be a member of a list of professions*.

Get a cheap home insurance quote now! Lloyds TSB home insurance quotes

* Please note, conditions will apply for all of the home insurance products mentioned above, please contact the insurance concerned for more information. The information above is not an exhaustive list and there may be other situations where they are unable to provide a quote.

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