Post Office Financial Services has announced that it will offer customers a GBP50 cash back bonus, when they take out a new car or combined buildings and contents insurance.

All customers need to do is get a quote and sign up to Post Office car, van or buildings and contents insurance either through telephone or internet.

Phil Ashkuri, director of insurance at Post Office, said: We advise people to look carefully when choosing new insurance cover as many providers may offer great promotions but the detail of the policy may not deliver the right level of cover or value for money.

But, there are a number of things that people can do to ensure they get the best possible deal. Simple things like checking your level of excess can help reduce your premiums.