Insurance discounts

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 Product Disclosure Statement (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. 

We don’t apply any premium discounts to any government statutory charges such as GST and Stamp Duty nor to the portion of your premium which relates to payment frequency. Discounts may also not apply to the portion of your premium associated with optional benefits or your decision to adjust your excess amount. Read the applicable PDS and SPDS for further information regarding RACQ’s insurance discounts.

Your insurance policy or cover will be assessed for premium discount or member benefit eligibility at the time of a new application. If you decide to take out an additional policy or cover mid-term, and it meets our criteria for eligibility, the premium discount or member benefit will only apply on this newly added policy or cover. The remainder of your existing policies or covers will be assessed for premium discount or member benefit eligibility at the time of renewal.

¹Online discount
The online discount will be applied and deducted on the total annual premium amount payable on your new policy. Excludes pay later option and any policy renewals. Discount amounts may be pro-rated for cover of less than 12 months. Policies effective before 9 December 2024, maximum of 4 pets/$200 discount per policy.  

²Multi policy discount
The multi policy discount is only available if any policyholder has three or more of the following policies:  

• Comprehensive Car Insurance 
• Fire, Theft and Third Party Liability Car Insurance / Fire, Theft and Third Party Car Insurance
• Third Party Liability Car Insurance / Third Party Product Damage Insurance
• Motorcycle Insurance 
• Comprehensive Caravan and Trailer Insurance 
• Home and/or Contents Insurance 
• Pet Insurance 
• Comprehensive Boat Insurance 
• Third Party Liability Boat Insurance

³Multi pet discount
The multi pet discount only applies if you have two or more pets insured with Pet Insurance and excludes pet cover option under Contents Insurance.

⁴No claim discount
Motor insurance (including car, motorbike, caravan and trailer)
The no claim discount amount you are offered for motor vehicle, caravan and trailer insurance is based on:  

• the number of at fault claims the primary driver has had in the last three (3) years; and 
• the number of years the primary driver has held a driver licence (excluding the time on a learner licence). 

You qualify for a Rating 1 for life if you:

• have a comprehensive car insurance policy; and 
• don’t have any at fault claims for 12 months while you are a Rating 1 with 60% no claim discount. 

Once you have a Rating 1 for life, we won’t reduce your no claim discount if you make an at fault claim. However, any claim or incident may affect the terms that apply to your policy at your next renewal (including your premium or excess). 

Boat insurance
The no claim discount amount you are offered is based on:

• the number of at fault claims the insured has had in the last three (3) years; and
• the number of years the insured has held boat insurance in the last three (3) years.

Household insurance
The household no claim discount is offered if you haven't made a claim in the last 12 months.

⁵Motor combined discount
The combined discount is only available if you have two or more of the following motor vehicle coverages – in any combination on the one policy:  

• Comprehensive Car Insurance 
• Fire, Theft and Third Party Liability Car Insurance 
• Third Party Liability Car Insurance 
• Motorcycle Insurance 
• Caravan and Trailer Insurance 

This excludes policies for golf buggies, motorised mobility vehicle or wheelchairs. 

⁶Home combined discount
The combined discount is only available if you are the owner-occupier and take out a combined Home and Contents Insurance policy.

⁷Car alarm discount
Excludes Third Party Liability, Caravan & Trailer, Motorcycle Insurance, Vehicles with a carrying capacity of between 2.5 and 5 tonnes, tow trucks, motorised wheelchairs, and golf buggies.  This discount applies if you install an aftermarket alarm system or an engine immobiliser to your car.

⁸Home Alarm discount
This discount applies if you have a home alarm that is monitored 24 hours a day, 7 days a week by a monitoring facility. This discount does not apply to the additional premiums associated with the Items Away from Home optional benefit. 

⁹Driver excellence bonus
The driver excellence bonus is based on the primary driver holding a Rating 1 continuously for the last five years or more.

¹⁰Household excellence bonus
The Household Excellence Bonus is based on the amount of years you have held home and/or contents insurance and the number of claims you have made in that time. 

¹¹Apartment discount
The apartment discount only applies if you live in a townhouse, unit, duplex or flat. This discount does not apply to the additional premiums associated with the Items Away from Home optional benefit. 

¹²Over 55 and senior card holder discount
Only one age discount can be applied to a policy. These discounts are only available if you are an owner-occupier or tenant and a nominated insured. For senior card holder discount, you must also hold a government-issued senior card.

Roadside assistance loyalty discount
¹³Loyalty benefits do not apply to business members. Refer to Membership Terms and Conditions.
¹⁴Excludes Compulsory Third Party (CTP) Insurance, and Fleet and Small Business Insurance.

*Gold and Gold50 Comprehensive Car Insurance discount includes no claim discount protection at no extra cost. Only applies to your first at fault claim during the period of insurance. Conditions apply for Rating 1 No claim discount protection.

^Gold50 Comprehensive Car Insurance discount includes additional hire car at no extra cost. Incidental costs associated to hire car e.g., petrol, will still apply.