Does RACQ Household Insurance cover me for loss of rent?

Yes, our Household Insurance policy offers cover for loss of rent on tenanted properties. For policies with an effective date on or after 1st August 2020, a general exclusion for "Disease" will apply. This means if you have a tenanted property insured with us, and your tenant is unable to pay their rent due to impacts from COVID-19, you will not be covered for loss of rent.

This exclusion has been introduced in response to changing and emerging insurance risks that are currently unable to be quantified or priced, and unfortunately, we have not been able to secure protection for this from our own insurers. By making this change to our policy it allows us to continue to offer insurance to our members in a sustainable way.

The "Disease" exclusion can be found in your Product Disclosure Statement (PDS) or Supplementary Product Disclosure Statement (SPDS). Please read the PDS, any applicable SPDS and relevant Key Facts Sheet to ensure you are aware of what you are covered for and any changes.

If you are not sure if you should make an insurance claim, give us a call on 13 7202 and one for our friendly claims staff will be able to assist you.