Which of the following factors does NOT typically influence the premium calculation of a commercial insurance policy?

In the context of premium calculation for commercial insurance, the capitalisation rate of the industry does not typically influence the premium directly. Premiums are generally calculated based on risk assessment factors that directly relate to the specific business operations and their potential exposures.

The insured's claims history is a crucial factor because it provides insight into the likelihood of future claims based on past incidents. A good claims history can lead to lower premiums due to perceived lower risk by the insurer.

The location of the business also plays a significant role in premium calculations, as it can affect risks associated with crime, natural disasters, and other local factors. For instance, a business located in an area prone to flooding may face higher premiums than one located in a more secure and stable environment.

Type of coverage directly impacts premium amounts as different coverages come with various levels of risk and protection. For example, more comprehensive coverage options typically entail higher premiums due to the broader scope of protection offered.

In summary, while claims history, business location, and type of coverage are key factors influencing the premium, the capitalisation rate—being more of an industry-wide financial measure—does not have the same effect on insurance premium calculations.