UKsupermarket bank Tesco will offer customers the option of using its own brand price comparison service, through Tesco’s online banking portal, to rate home and car insurance quotes against competitor offerings.
Tesco Bank has integrated its online quotation engine with the Tesco Compare site.
Customers who go to Tesco Bank for a car or home insurance quote will have the option to compare the price against alternative providers through the new service.
Launched in 2007, Tesco Compare offers price comparison services for car and home insurance from over 65 and 25 providers respectively.
Tesco Compare commercial director, Vikki Macleod, said, “We are sure the new arrangement will embody the Tesco Bank spirit of treating customers fairly.”