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Three ways to insure your home

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Tesco is launching three new home insurance products on June 22nd. The range, comprising 'Value', 'Standard' and Finest' options, is designed to meet the needs of customers, whatever their home insurance requirements.

The Value option is set to cost on average 30% less than the Standard product and will include the essential elements of cover while excluding extras that some homeowners may not wish to pay for.

Standard, on the other hand, is an enhanced version of Tesco's existing home insurance product. Enhancements include no compulsory excess and over £10,000 worth of additional cover at no extra cost. These increased limits are an acknowledgement of changing lifestyles.

To complete the range Finest provides the most comprehensive cover Tesco says it has ever offered. Enhancements include, unlimited buildings cover, contents away from home doubled to £10,000, as well as additional benefits including home emergency, ID fraud detection/assistance and a concierge service, offering a range of facilities from booking entertainment and travel to shopping and home help advice.

Meanwhile, new home insurance customers will receive up to £60 off shopping or fuel at Tesco - this assuming they take out the Finest option.

Customers taking out the Value or Standard options will receive £10 and £40 respectively off shopping or fuel.

16 June 2008 © Moneyextra.com

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