Important information on terms, conditions and sub-limits
Fire
Yes
Theft or burglary
Yes
Flood
Yes
Storm
Yes
Building cover
Contents cover
n/a

Mozo editorial review RACV Building Insurance - last updated: 3 June 2021

binocular icon
What's hot
  • Multi-policy and no claims discount
  • Flood cover comes as standard
What's not
  • No underinsurance protection
Mozo snapshot

With the RACV Building Insurance policy, not only will you have access to your own choice of excess, if you choose to combine policies, you’ll also be able to snag a multi-policy discount along with a no claims bonus if you’ve got a great claims history. Plus, if you’re a loyal customer, you’ll also get a loyalty discount. 


key icon
Key features

With RACV Building Insurance your home will be given extensive cover for over numerous listed events like fires, storms, earthquakes and all those other things you’d rather not think about. You also have the option to add accidental damage and electric motor burnout to your policy. Cover for temporary accommodation for both you and your pet is also part of the policy along with lock replacements, debris removal and demolition costs.

When it comes to your home's structure, RACV Building Insurance has you covered. You’ll be able to receive cover for any structural improvements, building materials if you’ve decided to renovate, gates or fences and landscaping.

And don’t forget those discounts! You can score a loyalty discount (up to 20%) which will depend on how long you’ve been with RACV, a no claims discount (up to 25%) for keeping your claims history squeaky clean, and a discount for having more than one policy with RACV (10%).

Be sure to read your product disclosure statement (PDS) carefully for limits on particular events or items that are covered, as well as other things that are excluded from the coverage.



snapshot
Who is it good for

RACV Building Insurance is a good choice for Victorian homeowners thinking of giving their home a high level of cover, and may work best for landlords who don't also require contents insurance.


question icon
Any catches

RACV Home Insurance does not offer underinsurance protection for your home. This means that if your home is damaged and will need to be rebuilt or repaired, you may have to provide the funds yourself if you’ve failed to value your property correctly. To avoid this, it’s best to seek out quotes from reputable experts to value your home.

Details

Rates and fees information correct as at 26 September 2021. 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.
Buildings

Yes

Up to $1,000

Yes

Yes

Events

Optional Extra

Yes

Yes

Yes

Yes

Yes

Yes

Optional Extra, up to 15 years old

No

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Policy and service features

60

No

Yes

$100

true

no

10% multi-policy discount, loyalty discount, no claim discount

Yes

Up to $20,000,000

none

none

Other cover

Up to $10,000 for funeral

Yes

Up to 12 months

Up to 12 months

Yes

Yes

No

*Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement and the Target Market Determination on the provider's website for further information before making any decisions about an insurance product.

Customer Reviews

How are RACV home insurance rated by the Mozo community?

Overall
Value for money
Policy coverage
Customer service
Claims handling
Trust

Latest reviews of RACV Building Insurance Home Insurance

About RACV