The cost of your home or landlord insurance is made up of three components. The first component is your AA Insurance premium, which considers risk factors such as the size and materials that your home is made of and where it's located in the country.
The second component is reinsurance costs, which ensures we have enough cover to pay all insurance claims in case of a large-scale event.
The final component is the fees and levies collected by all insurance companies on behalf of the government for GST, Fire and Emergency Levy and EQC Levy.
You can find more information on what factors can influence premiums here.