1. Tenant damage

    • Including damage caused by a pet kept at the site
    • Removal of tenants possessions up to $10,000
  2. Cover for loss of rent

    • Up to $10,000 rent default cover
    • Up to $10,000 towards your legal costs to recover rent

What RACV Landlord Insurance covers

Regardless of your choice to insure your home or contents or both, we cover the following:
 

Rent default

Cover if your tenant defaults on rent payments (when your tenant stops paying rent, passes away or leaves without notice), up to $10,000 rent default cover and up to $10,000 towards your legal costs to recover rent.

This cover is not available if a previous claim for rent default, theft or damage by tenant has been paid under the same tenancy or if your tenant is behind rent payments before policy start date. A valid rental agreement is required.

Loss of rent during repairs

Up to 12 months loss of rent covered during repairs, if your rental property is uninhabitable following a listed event (on top of buildings sum insured).

This cover is not available if a previous claim for rent default, theft or damage by tenant has been paid under the same tenancy. A valid rental agreement is required.

Damage by tenants and tenant's pets

Damage by the tenant, theft by the tenant or their guest and more. Damage caused by a pet kept at the site.

This cover is not available if a previous claim for rent default, theft or damage by tenant has been paid under the same tenancy. A valid rental agreement is required.

Removal of tenants' possessions

If a tenancy is terminated or if a tenant leaves without notice, you’ll be covered for up to $10,000 for the lawful removal and disposal of tenants’ possessions.

 

Replacement of keys and locks

Cover for up to $800 if a key for an external lock to your rental property is stolen during a theft at your site, or is not returned to you upon termination of a tenancy.

Does not apply if only claiming for theft of keys.

Wide range of events covered

You will be covered for a wide list of events including fire, storm, vandalism, malicious damage by the tenant, broken glass and more.

This is only a summary of the inclusions for Landlord Insurance policy. For more information, such as conditions, limits and exclusions, please read the Product Disclosure Statement.

Up to $20 million in liability cover

Liability cover protects you for claims that may be made against you for an incident which causes death or bodily injury to a third party or loss or damage to a third party's property.

RACV Landlord Insurance options

  • Buildings only

    Cover for the structure, home improvements and permanent fixtures of your rental property following a listed insured event.

    • Rebuilding fees
    • Demolishing and removing debris
    • Mortgagee discharge costs

    RACV must agree to pay the costs before you make any arrangements.

  • Contents only

    Cover for the furniture and furnishings provided to your tenants e.g. carpets and curtains.

    • New for old contents
  • Building and contents

    Cover for when things happen to both the building and contents of your property following a listed insured event.

    • New for old contents
    • Rebuilding fees
    • Demolishing and removing debris
    • Mortgagee discharge costs

    RACV must agree to pay the costs before you make any arrangements.

Read the Product Disclosure Statement for a full list and description of items covered in building, contents and combined policies. The Premium, Excess and Discounts guide (PED) provides further details on how we calculate your premium, excess levels and discounts.

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Resources

Policy documents

RACV Home Insurance Product Disclosure Statements

RACV Home Insurance Product Disclosure Statement and Policy Booklet for policies with a start date on or after 19 May 2019 and renewal policies with a start date on or after 30 June 2019.

Download

RACV Home Insurance Product Disclosure Statement and Policy Booklet for policies with a start date on or after 18 February 2018 and renewal policies with a start date on or after 2 April 2018 and new business policies with a start date before 19 May 2019 and renewal policies with a start date before 30 June 2019.

Download

RACV Home Insurance Product Disclosure Statement and Policy Booklet for policies with a start date on or after 20 March 2017 and renewal policies with a start date on or after 1 May 2017 and new business policies with a start date before 18 February 2018 and renewal policies with a start date before 2 April 2018.

Download

RACV Home Insurance Premium, Excess, Discounts and Benefits Guides

RACV Home Insurance Premium, Excess, Discounts and Benefits Guide for policies with a start date on or after 19 May 2019 and renewal policies with a start date on or after 30 June 2019.

Download

RACV Home Insurance Premium, Excess, Discounts and Benefits Guide for policies with a start date on or after 24 August 2018 and renewal policies with a start date on or after 1 October 2018 and new business policies with a start date before 19 May 2019 and renewal policies with a start date before 30 June 2019.

Download

RACV Home Insurance Premium, Excess, Discounts and Benefits Guide for policies with a start date on or after 18 February 2018 and renewal policies with a start date on or after 2 April 2018 and new business policies with a start date before 24 August 2018 and renewal policies with a start date on or after 1 October 2018.

Download

RACV Landlord Insurance Product Disclosure Statements

RACV Landlord Insurance Product Disclosure Statement and Policy Booklet for policies with a start date on or after 19 May 2019 and renewal policies with a start date on or after 30 June 2019.

Download

RACV Landlord Insurance Product Disclosure Statement and Policy Booklet for policies with a start date on or after 17 June 2018 and renewal policies with a start date on or after 30 July 2018 and new business policies with a start date before 19 May 2019 and renewal policies with a start date before 30 June 2019.

Download

RACV Landlord Insurance Premium, Excess, Discounts and Benefits Guides

RACV Landlord Insurance Premium, Excess, Discounts and Benefits Guide for policies with a start date on or after 19 May 2019 and renewal policies with a start date on or after 30 June 2019.

Download

RACV Landlord Insurance Premium, Excess, Discounts and Benefits Guide for policies with a start date on or after 24 August 2018 and renewal policies with a start date on or after 1 October 2018 and new business policies with a start date before 19 May 2019 and renewal policies with a start date before 30 June 2019.

Download

RACV Landlord Insurance Premium, Excess, Discounts and Benefits Guide for policies with a start date on or after 17 June 2018 and renewal policies with a start date on or after 30 July 2018. 

Download

RACV Landlord Insurance Premium, Excess, Discounts and Benefits Guide for policies with a start date on or after 8 December 2017 and renewal policies with a start date on or after 21 January 2018 and new business policies with a start date before  17 June 2018 and renewal policies with a start date before 30 July 2018. 

Download

RACV Landlord Insurance Premium, Excess, Discounts and Benefits Guide for policies with a start date on or after 20 March 2017 and renewal policies with a start date on or after 1 May 2017 and new business policies with a start date before 8 December 2017 and renewal policies with a start date before 21 January 2018.

Download

~ Suggested rebuilding costs are only a guide and it is your responsibility to make sure your buildings are insured for their full replacement value (including any GST). 
^ On existing policies discount takes effect at next renewal. Excludes Travel, Business, Farm, Single Item and Pet Insurance products. 
 

RACV Home Insurance is issued by Insurance Manufacturers of Australia Pty Limited ABN 93 004 208 084 AFS Licence No. 227678. The information on this website is general advice only so before making any decisions, please consider your own circumstances and the Product Disclosure Statement.