Your premium is likely to change each time you renew your insurance, even if you haven’t made a claim and your circumstances are the same.
This is because premiums are calculated based on a range of factors including the cost of claims we have paid to other customers, claims we expect to pay in the future, new data, changes in government taxes and any state or territory duties or levies, our business expenses and other commercial factors.
The weight of each factor can change, and how these factors combine to affect your premium will differ from person to person.