HSBC Car Insurance Review [2020]

HSBC car insurance is not available because HSBC no longer offers car insurance to new customers. Save money on your car insurance by comparing quotes online.

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A former insurance producer, Laura understands that education is key when it comes to buying insurance. She has happily dedicated many hours to helping her clients understand how the insurance marketplace works so they can find the best car, home, and life insurance products for their needs.

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Joel Ohman is the CEO of a private equity backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Jo...

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Reviewed by Joel Ohman
Founder & CFP®

UPDATED: Jan 29, 2021

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It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.

Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Company Details
Address: P.O. Box 2013
City: Buffalo
State: NY
ZIP Code: 14240
Phone Number: 866-586-4722
Year Founded: 1865
Company Rating 0 (0 reviews)

UPDATE: HSBC no longer offers car insurance coverage.

The HSBC insurance company examined in this review is not the same thing as the HSBC Hong Kong insurance company.

While all of these companies are connected by HSBC Holdings (which is available all over the world in multiple countries) the HSBC car insurance company is a wholly-owned subsidiary of HSBC North America Holdings Inc.

Some of the most popular benefits of HSBC car insurance include a free courtesy car service, a three-year repair contract, 90 days of European cover and unlimited cover for GPS systems and car entertainment.

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HSBC Insurance is financially solid as it is backed by an incorporated main office in the U.K. The company was originally located in Hong Kong until the 1990s. The American channel offers a variety of insurance and financial products. For claims, the company has a telephone and fax number as well as a user-friendly online claims notification system.

The company has received mixed reviews for its car insurance products. While some do appreciate the ease of use for the online claims, others have reservations. Some people complain of low settlements, while others fault the company’s customer service.

Naturally, some people are going to have a problem when the insurance company raises premiums after a number of claims; this is just the way the business works.

All in all, HSBC Insurance is a trusted name in the industry, though not particularly popular in every land the banner stands. Contact your local HSBC car insurance company and ask about their rates, their terms and their coverage before committing to a deal.

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