Operated by the British institution, the Post Office, renowned for its mailing and parcel services, Post Office Money (launched in 2015) offers financial services to UK customers. Car insurance is one of the insurance policies offered by Post Office Money, alongside various bank accounts and other insurance options.
Post Office Car Insurance is offered in two main categories: for Under 50s and for Over 50s.
As is standard for car insurance, both policies are available on a comprehensive, third party fire and theft or third party only basis. Detailed information for what the policies cover can be found on the Post Office Car Insurance website (https://www.postoffice.co.uk/car-insurance). However, for both policy options, the company offers various optional extras. This means that you can really tailor the policy to fit your individual situation.
For those who are under 50, great benefits are included in the policy. For example, the first year incorporates breakdown cover and trips taken abroad are also covered to the same level as at home, provided they are in the European Union.
Similarly, the policy for those who are over 50 has been given a five star Defaqto Rating. This is not surprising given the excellent benefits it offers. For example, in addition to providing the same cover for trips abroad in the EU as the Under 50s policy, the company also promise that at the time of renewal they will guarantee a quote which is at least £50 cheaper than your existing insurer, provided that the policies are on a like-for-like basis.
It is possible to get a quote for and register for a policy online at the Post Office Car Insurance website. You can also amend your policy and retrieve your documents here. Quotes and policy renewal services can also be accessed by telephone.
A particular advantage of taking the Post Office Car Insurance policy is that you can make a claim at any time of day or night since their claims line, which is based in the United Kingdom, is open 24 hours. Although not similarly open for 24 hours, the Customer Service department is also easily accessible by telephone, with further details available online.
With such a great range of features and customer service, it is not surprising that Post Office Money has won the Your Money ‘Best Online Car Insurance Provider’ award.