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RACQ

RACQ is the Royal Automobile Club of Queensland, a member-owned organisation providing roadside assistance, motoring services, insurance, banking, travel and solar products.

Last updated September 11, 2026

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Overview

RACQ (Royal Automobile Club of Queensland) is owned by its over 1.7 million members and has been active in Queensland communities for over 120 years. It provides roadside assistance, motoring services, insurance, banking, travel and solar products, and describes its purpose as 'to drive a better future for all Queenslanders'.

History

RACQ, the Royal Automobile Club of Queensland, has been a force for good in Queensland communities for over 120 years. It is owned by its over 1.7 million members. RACQ has announced the sale of its retail lending and deposit business to Bendigo Bank.

Products and positioning

A different kind of insurer; one of Australia's most trusted brands owned by and working for the benefit of its members.

  • Home insurance

    Home insurance options include home and contents insurance, contents only insurance, and home building insurance.

  • Car insurance

    Car insurance options include comprehensive car insurance, fire, theft and third party liability car insurance, and third party liability car insurance.

  • Roadside assistance

    RACQ provides roadside assistance that members can buy, renew or upgrade.

Recent events

  • Honey Insurance raises A$15.5 million seed funding[5]

    Reported:

    Honey Insurance launched with A$15.5 million in seed funding, led by institutional investors including RACQ, PEXA, Metricon, ABN Group, Mirvac, AGL, SFG and Apex Capital.

  • Honey Insurance launches home insurance service[5]

    Reported:

    Honey Insurance launched in Australia, offering home, contents and landlord coverage with smart sensors for customers.

Sources5 sources

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