Property Coverage Calculator
Determine the right amount of coverage for your home and belongings.
Calculate Recommended Coverage
priority_high Why Proper Coverage Amount Matters
âš ï¸ Underinsured Risks:
- • Can't fully rebuild after total loss
- • Out-of-pocket expenses for repairs
- • Coinsurance penalties (paying percentage)
- • Inadequate replacement of belongings
✓ Properly Insured Benefits:
- • Full replacement cost coverage
- • Peace of mind protection
- • No coinsurance penalties
- • Adequate liability protection
How We Calculate Your Coverage Recommendations
Dwelling Coverage = Rebuild Cost × Square Footage
We multiply your home's square footage by the local cost per square foot to rebuild. This accounts for materials, labor, and permits in your area.
Personal Property = 50-70% of Dwelling
Standard policies cover personal property at 50-70% of dwelling coverage. We recommend the higher of this amount or your estimated belongings value.
Liability Coverage = $300,000 Minimum
We recommend at least $300,000 in liability coverage. Higher amounts ($500k-$1M) are better if you have significant assets or risk factors.
warning Common Coverage Mistakes to Avoid
⌠Using Market Value
Market value includes land, which isn't insured. Use replacement cost instead.
⌠Forgetting Upgrades
Renovations increase rebuild costs. Update coverage after improvements.
⌠Underestimating Belongings
Most people own more than they think. Create a home inventory.
⌠Skimping on Liability
Lawsuits can be expensive. Don't save money on liability coverage.
Important Disclaimer
These are general recommendations. Actual coverage needs vary by individual circumstances. Consult with licensed insurance professionals for personalized advice.