Home Insurance Calculators & Tools
25 free calculators to estimate homeowners, renters, flood, earthquake, and specialty property insurance costs.
Frequently Asked Questions
How much does homeowners insurance cost? ▼
The national average is around $1,400-$1,800 per year, but costs vary widely by state, home value, age, and construction type. Florida and Texas homeowners pay significantly more due to hurricane and weather risks. Use our Homeowners Insurance Estimator for a personalized estimate.
What is the difference between market value and replacement cost? ▼
Market value includes land and reflects what a buyer would pay. Replacement cost is what it would cost to rebuild your home with similar materials and quality after a total loss — and is typically what insurance covers. You should insure for replacement cost, not market value. Use our Replacement Cost Estimator to find the right number.
Does homeowners insurance cover floods? ▼
No — standard homeowners insurance (HO-3) does not cover flooding. Flood coverage requires a separate NFIP or private flood insurance policy. If you live in or near a flood zone, this coverage is essential. Use our Flood Insurance Calculator to estimate the cost.
When should I remove PMI? ▼
You can request PMI removal when your loan balance reaches 80% of the original home purchase price (20% equity). Lenders must automatically cancel PMI at 78% LTV. If your home has appreciated significantly, you may be able to remove PMI sooner with a new appraisal. Our PMI Removal Date Calculator shows exactly when you'll hit that threshold.
Is renters insurance worth it? ▼
Absolutely — renters insurance typically costs just $15-$30 per month and covers your personal belongings, liability protection, and additional living expenses if your apartment becomes uninhabitable. Most renters significantly underestimate the value of their belongings. Use our Personal Property Calculator to add up your possessions.
Focused collection
What this home collection does and does not cover
Decision question
The public home collection focuses on the insurance-to-value ratio because both inputs can be documented: the dwelling limit and a current reconstruction-cost estimate.
Verification workflow
Remove land and market-price assumptions, record the reconstruction estimate date, and include local labor, materials, debris, ordinance, access, and specialty features. Compare the result with the carrier estimate and request written clarification for a material difference.
Why other drafts are not public
Generic premium, replacement-cost, property-inventory, renters, umbrella, and loss-of-use drafts remain held until their assumptions are detailed enough to produce a reproducible planning result.
Primary references
Reviewed by the CoverageFixPro Editorial Team · Updated August 11, 2026
