Insurance Calculators
Home Insurance Coverage Calculator
Estimate the rebuild cover, contents cover and liability limits a home policy should carry.
Rebuild cover
$333,000
- Contents cover
- $166,500
- Total cover including valuables
- $507,500
- Suggested loss-of-use cover
- $66,600
How this calculator works
Rebuild = floor area × local rebuild rate; contents = a share of the rebuild figure
- rebuild rate
- local construction cost per square foot, not market value
Example calculation
Illustrative example — not advice
Worked example — the home insurance coverage calculator as it loads, using the default figures below.
- 01Enter floor area in square feet: 1800.
- 02Enter rebuild cost per square foot: $185.
- 03Enter contents as share of rebuild: 50%.
- 04Enter policy deductible: $1,500.
- 05Enter high-value items to schedule: $8,000.
- 06Read the rebuild cover from the results panel: $333,000.
Rebuild cover: $333,000. Contents cover: $166,500. Total cover including valuables: $507,500. Suggested loss-of-use cover: $66,600.
These figures come straight from the calculator above running on the values listed, so you can retype them and confirm every number yourself. Change any input and the results update immediately. Illustrative only — not a quote, offer or recommendation.
Important considerations
- Insure the rebuild cost, not the market value — land is not at risk.
- High-value items usually need scheduling separately.
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Terms used here
Frequently asked questions
Why is rebuild cost different from market value?
Market value includes land and location; a policy only needs to rebuild the structure.
Disclaimer
Legamoney calculators are educational tools. Results are estimates based on the figures you enter and do not constitute financial, tax or legal advice.
Last reviewed 2026-08-01