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Friday 29th of August 2008
February 13, 2007

Lloyds TSB Home Insurance – A History


by Kathyrn Lang
Lloyds TSB Home Insurance – A History

If you are looking for home owner’s insurance then Lloyds TSB Home Insurance is the place to start.

This is truly a company with history. The origins of Lloyds Bank stretches back to 1765 when John Taylor and Sampson Lloyd set up a private bank. Two of their sons followed the same pattern and established a bank in London that eventually became the Lloyds Banking Company. Over the years, its services have expanded through a series of mergers. By the 1990’s Lloyds Bank was doing business in over 30 countries.

TSB has a strong history of its own. It was started in 1810 by Reverend Henry Duncan to help his poorest parishioners save for times of hardship. By 1983, TSB had to reorganize in order to keep up with the pace of growth that it was facing.

In 1995, a merger between TSB and Lloyds Bank formed the Lloyds TSB group which is one of the largest forces in domestic banking. It continues the tradition of helping its customers prepare for the future, but its services only begin at banking.

Lloyds TSB also offers competitive home insurance. It is currently ranked as one of Britain’s most popular home insurance providers. One of the reasons for such popularity is the quotes that Lloyds TSB Home Insurance offers to its customers.

Currently, Lloyds TSB Home Insurance is running a special. If a customer buys both building and content insurance before the end of February, 2007, then it will give that same customer fifty percent cash back on the contents premium.

Some of the basic benefits in Lloyds TSB Home insurance coverage include a 30% discount for no claims, a 24-hour domestic helpline, and new payout for old home content. There is also optional coverage available, such as full accidental damage cover and home emergency cover with access to approved professional trades people.

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