HSBC Car Insurance

HSBC was established in 1865, by Hong Kong and Shanghai Corporation Limited. The head quarter of this company is in London, which is among one of the world’s largest and biggest financial and banking organisation. The company network is spread over 83 countries, which include-Asia Pacific, Europe, Africa and America. They include various insurance policies in their company along with covers like Third party for fire and theft, Comprehensive cover and Third party motor insurance. This insurance provider is well known to keep all its values and principles close to the heart while dealing with any customer.

There are many product features of HSBC Car Insurance, which attract the attention of a customer to go for this famous insurance company. A courtesy car is provided to the policy holder in the following options – Basic, Corinthian, Doric and Regency when there is damage to the owner’s car. Courtesy car is not provided to the policy holder in following options – Primer Car Insurance and Select. The HSBC Car Insurance policy holders do not have a facility to have an enhanced courtesy car and child car seat. Basic is the only option in which lost keys are covered, while in other options lost keys are not covered. There are only Basic and Premier Car Insurance options, which provide free foreign days cover. The insurance company do not provide transportation if an accident is caused by a policy holder.

HSBC car insurance provides discount up to some extent to their customers, if they buy the policy online. The insurance company is known for providing competitive price along with the cover to their customer. This Insurance providing company has a facility of round the clock claims line, which is entirely free of charge. The discount is also available on garaged cars and low-mileage cars. Customers who are associated with this company have an advantage of paying their money in instalments.

HSBC with its headquarters in London is one among the world’s biggest financial and banking organisation. It was founded in 1865, by Hong Kong and Shanghai Corporation Limited. Their international network is in 83 countries include Europe, America, Asia Pacific, Middle East and Africa. They hold close their principles, as well as values in all dealings. They have an array of insurance policies including HSBC Car Insurance and covers like comprehensive, third party motor insurance and third party for fire and theft.

HSBC Car Insurance Coverage

Product Features	Basic	Premier Car Insurance	Corinthian	Doric	Regency	Select
New Car Replacement	Yes	Yes	Yes	No	No	Yes
Personal belongings	£100	£100	£100	£50	£50	£100
Child car seat	No	No	No	No	No	No
Loss of keys	£500	Not covered	Not covered	Not covered	Not covered	Not covered
Maximum free foreign days	90 days	60 days	0 days	0 days	0 days	0 days
Guaranteed no claims discount	No	No	No	No	No	No
Rescue cover	cost	cost	service	service	service	No
Transport after accident	No	No	No	No	No	No
Courtesy car	standard	No	standard	standard	standard	No
Enhanced courtesy car	No	No	No	No	No	No

Advantages Offered By HSBC Car Insurance:

• HSBC has a top-level panel comprising of Allianz, Sun Alliance, Norwich Union, Axa, Fortis and Royal.
• HSBC Car Insurance will give 10 percent discount if you purchase their policy online.
• They offer both competitive price, as well as cover.
• Though there are certain conditions, their no claims discount is for a maximum of 70 percent.
• They have round the clock claims line, which is free of charge.
• Payment can be made conveniently in instalments.
• For comprehensive cover holders, the cover for windscreen and glass is unlimited, as long as the insurer use approved repairer.
• If insurer use a repairer recommended by them, a courtesy car will be made available at no charge.
• There are discounts for garaged cars and also for ones with low mileage.
• European coverage for HSBC Car Insurance is free for three months (90 days)
• If insurer uses the recommended repairer, then for at least two years, repairs are guaranteed.
• The satellite navigation system and entertainment systems fixed permanently by manufacturer will get unlimited cover.