Insurance Cost Calculator
Get a detailed breakdown of your home insurance costs by coverage type.
Property Details
pie_chart Understanding Your Cost Breakdown
Your home insurance premium is divided into several coverage types. Here's what each one protects:
home Dwelling Coverage (~65%)
Covers the physical structure of your home, including walls, roof, floors, and built-in appliances. This is typically the largest portion of your premium.
inventory_2 Personal Property (~20%)
Protects your belongings like furniture, electronics, clothing, and appliances. Usually covers 50-70% of dwelling coverage amount.
shield Liability Coverage (~10%)
Covers legal expenses if someone is injured on your property or you damage someone else's property. Standard is $300,000.
hotel Additional Living Expenses (~5%)
Pays for temporary housing, meals, and other expenses if your home becomes uninhabitable due to covered damage.
What Affects Each Cost Component?
Dwelling Coverage Costs
- • Square footage and number of stories
- • Construction materials (brick, wood, vinyl)
- • Roof age and condition
- • Local rebuilding costs per square foot
- • Attached structures (garage, deck, porch)
Personal Property Costs
- • Total value of belongings
- • High-value items (jewelry, art, electronics)
- • Coverage limit chosen (50%, 70%, or custom)
- • Replacement cost vs. actual cash value
Liability Coverage Costs
- • Coverage limit ($100k, $300k, $500k, $1M)
- • Property features (pool, trampoline, dog)
- • Your profession and assets
- • Local lawsuit trends
trending_down Ways to Reduce Each Cost Component
💰 Lower Dwelling Costs:
✓ Update roof and electrical systems
✓ Install impact-resistant materials
✓ Maintain home regularly
✓ Choose higher deductible
💰 Lower Personal Property Costs:
✓ Document belongings with photos
✓ Store valuables in safe
✓ Consider actual cash value coverage
✓ Remove unnecessary coverage
💰 Lower Liability Costs:
✓ Remove hazards (unfenced pool)
✓ Install security cameras
✓ Bundle with umbrella policy
✓ Maintain good credit
Important Disclaimer
This calculator provides educational estimates only. Actual insurance costs vary by provider, your complete risk profile, and underwriting criteria.