Homeowners Insurance Calculator
Estimate your homeowners insurance premiums and determine optimal coverage levels with our comprehensive calculator. Homeowners insurance protects your most valuable asset—your home—along with your personal belongings and provides crucial liability protection.
Cost to rebuild (defaults to 120% of home value)
Defaults to 60% of replacement cost
Older roofs increase premiums significantly
How much homeowners insurance do I need?
Your dwelling coverage should equal the full replacement cost of your home, not the market value or mortgage amount. Most experts recommend: Dwelling coverage = cost to rebuild (often higher than purchase price), Personal property = 50-70% of dwelling amount, Liability coverage = at least $300,000-$500,000 (or $1M+ if high net worth). Get a replacement cost estimate from your insurer. Market value and rebuild cost can differ significantly, especially in high-demand areas.
What factors affect homeowners insurance premiums?
Major factors: Location (wildfire, hurricane, crime zones = higher rates), Home age and condition (older homes cost 20-50% more), Construction type (brick cheaper than wood), Roof age and material (new roof = discounts), Credit score (poor credit = 20-50% higher rates), Claims history (previous claims increase rates), Coverage amounts and deductibles (higher deductibles = lower premiums), Security features (alarms, cameras = 5-20% discounts), Distance to fire station/hydrant.
How can I lower my homeowners insurance premiums?
Effective strategies: Increase deductible ($500→$2,500 saves 15-30%), Bundle with auto insurance (save 15-25%), Improve home security (alarm system saves 5-20%), Update roof, electrical, plumbing (saves 10-30%), Increase credit score (significant impact), Shop around annually (rates vary 40%+ between insurers), Ask about all discounts (loyalty, claims-free, new home), Consider wind/hail deductible in storm-prone areas, Review coverage annually (don't over-insure).