Tesco are introducing a new home insurance policy which will offer customers increased limits on cover and a bespoke concierge service .
Under the new policy, there is unlimited buildings cover (up from £1 million), contents cover when people are away from home has increased from £5,000 to £10,000 and at Christmas, customers will get 20 per cent extra insurance free of charge.
In addition, garden furniture and bicycle cover has gone £1,000 to £1,500 and landscaping, plants and trees, which were previously uncovered, can now be insured for up to £2,500.
Services such as travel booking and shopping will be available from the concierge service. Also on offer is a home emergency and ID fraud assistance service and new customers will get a £60 voucher for shopping or fuel at Tesco.
Recently, price comparison website gocompare.com said that many homeowners said they felt pressured into buying home insurance from their mortgage lender . According to the site, people could save up to £110 a year by shopping around.