RAA Landlord Insurance review

RAA Landlord Insurance offers a comprehensive option for landlords looking to insure their property. It exceeds other insurers in some areas but is lacking in others.

No reviews yet. Write a review
Peta Taylor's headshot

By

Peta Taylor

Updated

Fact checked

Start comparing

Key takeaways

  • RAA Landlord Insurance is exclusively for properties located in South Australia and covers pet damage up to $3000.
  • The policy includes tenant damage cover as standard but offers only 20 weeks loss of rent due to default.
  • It covers un-tenantable property for up to 52 weeks but limits tribunal fees to $500.

Our verdict

Pros

  • Includes unique features like up to $3,000 worth of cover for damage caused by your tenant's domestic pets.
  • Includes cover for loss of rent due to various reasons like prevention of access and tenant hardship. Limits for this vary, see the PDS.
  • Includes cover for un-tenantable rental property. This means RAA may pay up to 52 weeks' lost rent if the property becomes uninhabitable due to an insured event.

Cons

  • You're only covered for 10% of your total sum insured for things like theft damage.
  • There is only $500 worth of cover available for tribunal fees and representation costs, but fees can far exceed this.
  • RAA is only available to those with a rental property located in South Australia. It is not available Australia-wide.

RAA Landlord Insurance includes cover for tenant damage - both accidental and malicious - as standard. Other landlord insurers have this available only as an optional extra at an added cost. However, RAA's loss of rent benefit limits are lower than other popular insurers. For example, RAA offers cover for 20 weeks' worth of lost rent due to tenant default and prevention of access to the property. Other insurers offer up to 2 years worth of lost rent cover.

See RAA’s Landlord Insurance policy in more detail

Finder Score Tenant Default and Damage Loss of Rent Accidental Damage Sum Insured Safeguard Cooling-off Period
RAA Landlord Insurance logo
Not scored yet
RAA Landlord and Short Stay Insurance
Not scored yet
Maximum 52 weeks’ loss of Rent
21 days
View details
Compare product selection
loading

Finder Score for landlord insurance

Finder Score assesses more than 40 home and contents landlord insurance products for their price and features, assigning each product a score out of 10.

Read the full methodology

How to make a claim with RAA Landlord Insurance

Number 1

Lodge Your Claim

Call RAA at 8202 4575 (Monday to Friday, 8:30 AM – 5:00 PM).
Provide relevant information to support your claim, such as:

  • Proof of ownership (purchase details, receipts, photos).
  • Written statements or correspondence related to the claim.
  • Any legal notices, court proceedings, or offers of settlement.
  • Access to relevant documents for investigation.

RAA will:

  • Inform you if an Excess applies and how to pay it.
  • Provide a claim number.
  • Guide you on next steps​.
Number 2

Claim Assessment

RAA will assess:

  • If your policy covers the loss, damage, or theft.
  • Whether the damage matches the incident described.
  • If the claim is affected by any limits, exclusions, or conditions​.
Number 3

Claim Settlement

If accepted, RAA will:

  • Repair your insured property using new and equivalent materials.
  • Replace items if repair costs exceed replacement costs.
  • Provide cash payment (if applicable) based on the lowest repair/replacement cost minus any discounts available to RAA.
  • Deduct any Excesses or outstanding premiums before finalizing the payout​.

FAQs

Compare other products from RAA

Sources

Peta Taylor's headshot
Written by

Publisher of Insurance

Peta Taylor is a publisher at Finder, working across all of insurance. She's been analysing product disclosure statements and publishing articles for over 2 years. Peta is passionate about demystifying complex insurance products to help users make well educated decisions with confidence. Peta is part of Finder's insurance awards team and works alongside editorial and insights experts to bring users the best insurance products every year. See full bio

More resources on Finder

Get rewarded $$ for switching with Finder Rewards

Find a better deal, save on your bills and get a free gift card. Sign up to be the first to hear about new Finder Rewards.

Ask a question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More guides on Finder

Go to site