Tesco Car Insurance Review [2020]

Tesco car insurance is only available in the UK. If you're looking for car insurance in the US, use our free tool below to compare quotes online and save up to 20% on rates.

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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 26, 2021

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Company Details
Address: PO Box 104010, George House (4th Floor), 36 North Hanover Street
City: Glasgow
ZIP Code: G1 2YG
Phone Number: 0345 246 2895
Year Founded: 1997
Company Rating 0 (0 reviews)

Here's what you need to know...

  • Tesco is headquartered in the United Kingdom
  • They have sister banks in the United States
  • They are a large financial institution

This Tesco car insurance review looks at Tesco Insurance, a unit of The Royal Bank of Scotland, which is headquartered in the United Kingdom. Tesco offers car insurance to clients of the RBS network and is one of Europe’s largest financial service groups.

Compare your Tesco car insurance quotes with those of other car insurance companies to make sure you’re not paying too much for car insurance!

There’s no time like now to check your car insurance rates by entering your ZIP code in the FREE box on this page and save money today!

About Tesco

Tesco’s sister units include:

  • National Westminster Bank, the United Kingdom’s largest network of banks (2,000+ branches)
  • Citizens Financial and Charter One in the United States
  • RBS Lynk, a transaction processor in the United States
  • Ulster Bank in Ireland

United Kingdom government agencies own approximately 84 percent of The Royal Bank of Scotland.

Car insurance is assessed through a UK-specific ratings process.

The type of car driven by the insured, along with the driver’s record of safe driving, impact how much the insurance company charges for car insurance.

The Insurance Group Rating Panel, which includes Lloyds Market Association (LMA) and the Association of British Insurers (ABI), perform ongoing car insurance research for the Motor Insurance Repair Research Center (Thatcham).

Tesco’s parent company, RBS Group, suffered in the global financial downturn of 2007 to 2010. The timing of an investment in Dutch ABN AMRO lost billions for the company.

Even after the UK government’s decision to shore up RBS, the company lost more than $41 billion in late 2008. This was the single largest financial loss in British corporate history.

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