Cashback and voucher site Quidco has expanded into the home and travel insurance markets.

QuidcoCompare enables people to take advantage of both savings and commission when shopping for insurance. Since its launch the site claims to have returned almost £620,000 in car insurance cashback with the average policyholder saving an additional £24 when using the tool.

QuidcoCompare is able to search prices from over 70 leading insurance providers and add a cashback amount, increasing the available savings.

Jo Roberts, head of PR at Quidco, said: “Our sole purpose is to save our 2million members money in the form of cashback. A constant development of our tools enables our members to do exactly that when purchasing a range of essential items including insurance. The development of this unique tool has enabled our members to save even more money on car insurance than they would of, had they just gone to a price comparison site. We are delighted we can extend this tool even further, offering it to customers in the market for home and travel insurance.”