Homeowners Insurance Calculators

Enter your zip code and the square footage of your home below to get estimated dwelling coverage amounts for your property:

Calculate Your Dwelling Coverage

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Your Zip Code and Local Building Costs

The average U.S. building cost is $95.51/square foot. By adding your zip code in our calculator, we can calculate your dwelling cost based on the specific building costs in your region. Your actual building cost may vary depending on your home. For example, if you have upgrades such as granite counter tops, hardwood floors, etc., your building costs may be higher than the average cost in your area. To find out your exact building costs, contact your local real estate agent, home insurance agent, or local builders association.

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Square Footage of Your Home

The square footage of your home includes finished living areas on the ground floor, upper floor(s) and basement area or any area of the home that is heated.


  Calculate Your Home Insurance Dwelling Coverage

Homeowners insurance calculators, such as the one on this page, could cause a little confusion. The goal is not to determine how much you'll pay for homeowners insurance. Calculators, instead, help determine how much dwelling coverage you need for your home.

What is dwelling coverage? It's one of the six types of protection typically offered by a standard home insurance policy. Dwelling coverage actually is what most people think of when they hear the words 'homeowners insurance.' It's the part of your policy that protects the structure of your home from certain perils, including fire, wind, and hail. And by protects, we mean it helps pay for repairs caused by those factors.

What homeowners insurance calculators show

Again, homeowners insurance calculators help you determine how much dwelling coverage you should buy in a policy. The amount isn't set because it varies. But here's what doesn't vary: Your dwelling coverage should be set at an amount high enough to rebuild the home from the ground up.

We know what you're thinking: Isn't that number the same as what I paid for the house? No, it isn't, for a couple of reasons:

  • The purchase price includes the cost of the land, which you won't have to buy again after a covered event such as fire.
  • The purchase price accounts for demand for such desirable features as a view, a good school district, nearby entertainment and shopping, and others. None of this is a factor when you're rebuilding.

How homeowners insurance calculators work

The standard method used by homeowners insurance calculators is multiplying the square footage of your home by local construction costs (that's why we ask for your ZIP code).

Our calculator returns three estimates:

  • Standard features: This is how much it would cost to replace a basic home, with few builder upgrades.
  • Some upgrades: This takes into account such features as hardwood floors or granite countertops.
  • Substantial upgrades: This is for people who've added a number of these upgrades.

Remember, all three numbers are estimates. Licensed agents with HomeownersInsurance.com can help nail down the number that's right for you. Remember, dwelling coverage should be set high enough to rebuild the structure of your home should it be destroyed by a covered peril.

Homeowners insurance calculators and other coverages

Once the homeowners insurance calculator has given you an idea of how much dwelling coverage you need, you also can get an idea of the limits on some of your other coverages. Limits on three of the other five coverages from a standard homeowners policy typically are set as a percentage of how much dwelling coverage you buy.

  • Other structures: This applies to structures on your property other than the house, such as detached garages, sheds, and fences. Your coverage limit for this is typically set at 10% of the amount of your dwelling coverage. That means if you have $200,000 worth of dwelling coverage, you have an additional $20,000 for other structures.
  • Contents/personal possessions: This helps pay if your 'stuff' is stolen or damaged by a covered peril. The limit is set at 50% to 70% of your dwelling coverage – in our $200,000 example, you'd have $100,000 to $140,000 of coverage for possessions such as clothing, electronics, and furniture.
  • Loss of use: If your home becomes uninhabitable because of a covered peril, this coverage helps pay additional living expenses including hotel rooms and restaurant bills while your house is being repaired or rebuilt. The coverage limit is usually set at 20% of the amount of your dwelling coverage. In our $200,000 home example, you'd have $40,000 worth of coverage.

Limits for the other two coverages, personal liability and medical payments, aren't tied to your dwelling coverage. See our Homeowners Insurance 101 page for more information.

Don't delay! Call today for coverage

Now that you understand how homeowners insurance calculators work and why the number is important, put your knowledge to work:

  • If you already have homeowners insurance, dig out your policy to make sure you have enough dwelling coverage. If not, call the number above or enter the year your home was built in the form to the right to get started online and get a quote for full coverage for your house.
  • If you haven't purchased homeowners coverage yet, run the numbers by entering your information in the form on this page and then either call now or continue online.

The most important thing is to get started today. Every day you spend without sufficient coverage is a gamble and you don't want to be stuck holding the losing hand. Call today!