Home Insurance Calculator
Replacement cost estimator for dwelling, personal property, and liability.
Estimated annual home insurance
$1,365
Dwelling = sqft × rebuild cost. Doesn't include flood (NFIP) or earthquake (separate policies).
How your total insured value is built up.
👉 See your state's average cost and top risk: home insurance by state — estimated average premiums and the dominant natural risk for all 50 states and D.C.
The most common home-insurance mistake is insuring your house for what you paid or what it would sell for. Insurers care about replacement cost — what it costs to rebuild from the ground up — which is often very different from market value. This calculator estimates the coverage you actually need.
It sizes the three core parts of a homeowners policy: dwelling (the structure), personal property (your belongings), and liability (protection if someone is injured or you cause damage).
How this calculator works
The calculator estimates dwelling coverage from your home’s square footage and local rebuild cost per square foot — not its market price, which includes land. Personal property is then set as a percentage of the dwelling amount (typically 50–70%), and liability is recommended based on your assets. The result is the coverage that would actually rebuild your home and replace your belongings.
What affects the number
- Square footage and local cost to rebuild per square foot
- Construction quality and special features (custom finishes raise rebuild cost)
- Personal property value — furniture, electronics, clothing (usually 50–70% of dwelling)
- Liability limit — match it to your net worth; consider an umbrella policy above it
- Deductible, and add-ons for flood or earthquake (standard policies exclude both)
Frequently asked questions
How much homeowners insurance do I need?
Enough to fully rebuild your home (replacement cost), plus 50–70% of that for belongings and a liability limit that protects your assets. Don’t insure to market value — that includes land you don’t need to rebuild.
What’s the difference between replacement cost and market value?
Replacement cost is what it takes to rebuild the structure with today’s labor and materials. Market value includes the land and location. In many areas replacement cost is lower than market value; in others it’s higher — either way, your dwelling coverage should be based on rebuild cost.
Does home insurance cover floods?
No. Standard homeowners policies exclude flood damage — you need a separate NFIP or private flood policy. Earthquake is also excluded and needs its own coverage.
Should I get replacement cost or actual cash value coverage?
Replacement cost pays to replace items new; actual cash value subtracts depreciation and pays less. Replacement cost costs a bit more in premium but is almost always worth it for the dwelling and belongings.
This calculator provides general estimates for educational purposes only and is not insurance advice or a quote. Your actual rates and coverage needs depend on your specific situation and insurer.