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RACT Home & Contents Insurance

Fire
Yes
Theft or burglary
Yes
Flood
Yes
Storm
Yes
Building cover
Contents cover

Mozo editorial review RACT Home & Contents Insurance

Last updated: 18 September 2020.

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What's hot
  • 25% additional repair or rebuild safetynet
  • Temporary accommodation cover, including pets
  • Combined home and contents policy discount
What's not
  • Some accidental damage only covered as optional
  • No option to pay in monthly instalments
Mozo snapshot

This Tasmanian insurer is kicking goals in every corner of home and contents insurance. When it comes to your four walls and belongings, RACT has got you covered for all kinds of major natural disasters, as well as breakages, theft and malicious damage. The policy also features generous building underinsurance, in case you haven’t valued your home accurately and need a boost when repairs or replacement are necessary.

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Key features

RACT’s Home & Contents insurance will cover all your bases, with natural events like floods, bushfires, lightning and even earthquakes and tsunamis included in the policy. Beyond wild weather events, your home and belongings will also be covered in the case of theft, explosions and glass breakages. 

If the contents on your property is destroyed, it will be replaced with comparable new items, but there are fixed limits for some things. For example, important documents like birth certificates, drivers licences and passports are covered up to $1,000 collectively, and only $300 in cash kept at the address is insured. 

Other items like jewellery, antiques and art have flexible limits which you can elect. Remember, a higher limit may mean a higher premium.

Similarly, some items covered under home insurance have fixed limits. This includes up to $1,000 for unfixed building materials and other $1,000 for fixed landscaping elements like trees, plants and lawns. Read the product disclosure statement (PDS) for other variable limits and any optional extras

You won’t have to stress if any building repairs or replacements cost more than your initial valuation, as this policy also includes underinsurance of up to 25%. If you do find yourself in a situation where your place is unlivable, you’ll be happy to know accommodation costs for yourself and your pets are also covered for up to 10% of the sum insured.

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Who is it good for

Any homeowner wanting top-value cover for their home and belongings, with underinsurance and optional extras providing a little wiggle room.

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Any catches

Keep an eye out for circumstances in your PDS that might see your claim denied, or accidental damages that are only included if you choose them as optional extras.

Details

Rates and fees information correct as at 23 September 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Policy and service features
  • 60

  • Yes - Up to 25% of sum insured

  • Yes

  • $200

  • true

  • n/a

  • Combined policy, over 50

  • No

  • Up to 90 days, up to 20% of sum insured

  • Up to 20% of sum insured

  • Up to $20,000,000

  • n/a

  • n/a

Events
  • Optional Extra

  • Yes

  • Yes

  • Yes

  • Yes

  • Yes

  • Yes

  • Optional Extra, up to 10 years old

  • No

  • Yes

  • Yes

  • No

  • Yes

  • Yes

  • Yes

  • Yes

Buildings
  • Yes

  • Up to $1,000, when stored and locked

  • Up to $1,000 for plants

  • Yes

Contents
  • Up to $300

  • No

  • Yes

  • Yes

  • Yes

  • Yes

  • Yes

  • Up to $1,000 per item

  • Up to $1,000 per item

  • Up to $1,000 per item

  • Up to $1,000

  • No

  • Yes

  • Up to $1,000

  • No

  • No

Other cover
  • $5,000 for death

  • No

  • Up to $1,000

  • Up to 10% of sum insured

  • Up to 10% of sum insured, combined with temporary accommodation costs

  • Up to 10% of sum insured, combined with temporary accommodation costs

  • Up to 15% of sum insured combined with demolition cost

  • Up to 15% of sum insured combined with debris removal cost

  • No

  • No

  • No

*Any information provided on this page should be considered a summary and general advice only. All information should be verified before purchase via the relevant Product Disclosure Statement (PDS).

Customer Reviews

How are RACT home insurance rated by the Mozo community?

Overall
8.5/10
Value for money
7.9/10
Policy coverage
8.0/10
Customer service
8.6/10
Claims handling
8.2/10
Trust
8.3/10

Latest reviews of RACT Home & Contents Insurance

  • Overall 1/10
    Unhappy.

    Very unhappy with my insurer. Following storm damage in Tasmania they totally reneged on their contractual obligations and have squirmed and wriggled their way into trying to deny a claim. I will be taking my concerns higher.

    Read full review

    Very unhappy with my insurer. Following storm damage in Tasmania they totally reneged on their contractual obligations and have squirmed and wriggled their way into trying to deny a claim. I will be taking my concerns higher.

    Value for money
    8/10
    Policy coverage
    8/10
    Customer service
    1/10
    Claims handling
    1/10
    Trust
    1/10
    Less
    Roslyn, Tasmania reviewed 10 months ago
  • Overall 6/10
    Could be paying less. Might switch

    I feel there are less expensive companies out there but have been with RACT for over fifty years and I find it difficult to look anywhere else. Maybe I should I have been told honour does not come into it with insurance companies.

    Read full review

    I feel there are less expensive companies out there but have been with RACT for over fifty years and I find it difficult to look anywhere else. Maybe I should I have been told honour does not come into it with insurance companies.

    Value for money
    8/10
    Policy coverage
    6/10
    Customer service
    10/10
    Claims handling
    9/10
    Trust
    10/10
    Less
    Annette, Tasmania reviewed about 2 years ago
  • Overall 9/10
    Ract supports Tasmanians

    RACT provides excellent insurance and service for Tasmanians

    Read full review

    RACT provides excellent insurance and service for Tasmanians

    Value for money
    8/10
    Policy coverage
    9/10
    Customer service
    10/10
    Claims handling
    8/10
    Trust
    8/10
    Less
    Wendy, Tasmania reviewed over 2 years ago
  • Overall 10/10
    One stop shop for every insurance requirement

    Very helpful, very good service

    Read full review

    Very helpful, very good service

    Value for money
    9/10
    Policy coverage
    10/10
    Customer service
    10/10
    Claims handling
    10/10
    Trust
    10/10
    Less
    Sharon, Tasmania reviewed almost 5 years ago
  • Overall 9/10
    Great products

    Great products and very helpful consultants

    Read full review

    Great products and very helpful consultants

    Value for money
    8/10
    Policy coverage
    9/10
    Customer service
    10/10
    Claims handling
    10/10
    Trust
    9/10
    Less
    Tanya, Tasmania reviewed almost 5 years ago
RACT

About RACT

See RACT home insurance