RACV Insurance is owned by the Royal Automobile Club of Victoria, a member-based organisation with a long history of motoring and community services. It's not your run-of-the-mill insurance company gobbled up by faceless conglomerates; instead, it's backed by an Australian institution focused on Victorian drivers. This means their priorities often align more with members than pure profit. For the nitty-gritty on ownership, the RACV's official documentation is your best bet.
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