Changes to how we calculate household insurance premiums

You may be aware that we’re making changes to how we calculate your home cover premium. Namely, we’re moving toward a pricing model that reflects your individual circumstances. This changes the way we assess your level of risk and calculate the price you pay for insurance.

What goes into your home insurance price

What this means for you

To provide you with this new and specific pricing we’ll need more information from you. Your answers to our additional questions will help us better understand your home. This means we can give you a more accurate premium.

To update your property details head over to your My RACQ account. From there you can navigate to the ‘Insurance’ tab and click ‘Update cyclone & flood details’.

Log in to My RACQ Set up My RACQ


Things to note

Insurance products (excluding Travel Insurance) are issued by RACQ Insurance Limited ABN 50 009 704 152 (RACQ). Conditions, limits and exclusions apply. This is general advice only and may not be right for you. This information does not take your personal objectives, circumstances or needs into account. Read the PDS and any applicable Supplementary PDS before making a purchase decision on this product. You can also access our Target Market Determinations on this website.