Dave, Insurance is a funny animal, the premiums you pay are put into the company's claims pool. Your money will assist the company to pay out claims made by other people against their policies.
When it comes to the renewal, the company will look at their liabilities accross their whole Photographers program and adjust rates etc accordingly. That being said, the fact that you haven't made a claim againt your policy should load you premium in your favour - may not be much though.
Without naming your company at all, are they a major UK player? What may load the premiums too is who backs your insurer.
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