calcs.homes
calcs.homes
Estimate your home's rebuild cost — the dwelling coverage amount a homeowners policy is actually meant to cover — plus rule-of-thumb coverage for personal property and other structures. This is not a quote or a premium estimate.
Estimate only — not a quote. Get a professional replacement-cost appraisal for actual coverage limits.
We multiply your home's square footage by a per-square-foot rate for the construction quality tier you select — standard, custom, or luxury — to get an estimated rebuild cost. From there we apply two common industry rules of thumb on top: personal property coverage is set at 60% of that dwelling coverage figure, and other structures (a detached garage, shed, or fence) at 10%.
Homeowners insurance is meant to cover what it costs to rebuild your home, not its market sale price — rebuild cost excludes land value but includes today's labor, material costs, and any building code upgrades required to reconstruct to current standards. The 60% and 10% figures are common industry defaults rather than fixed rules, since actual personal property value and outbuilding count vary a lot from household to household.
No — market value includes land and reflects what buyers will pay, while rebuild cost is just the cost to reconstruct the structure itself. The two can differ significantly, especially in expensive land markets.
No — insurance premiums depend on your location, claims history, credit-based insurance score, deductible, and the insurer's own underwriting. This tool only estimates the dwelling coverage amount to ask for.