Estimate your premium and recommended coverage based on rebuild cost, belongings, and liability.
National-average estimate. Home insurance varies dramatically by state — Florida and Oklahoma average several times what Vermont or Hawaii pay for identical coverage.
See actual rates from multiple insurers for your address.
Compare home quotes →If your net worth exceeds your home + auto liability limits, you may be exposed.
Check umbrella coverage →Homeowners insurance is priced largely on the cost to rebuild your home — not its market value, which includes land value that doesn't need "insuring." This calculator estimates dwelling coverage cost per $1,000 of rebuild cost, adds a liability coverage cost, and applies a rough regional risk multiplier.
Market value includes the land, which doesn't burn down or need replacing. Rebuild cost — sometimes called replacement cost — reflects current construction material and labor costs for your specific home's size and features, which is what your insurer actually needs to cover.
States with frequent hurricanes, tornadoes, hail, or wildfire risk see dramatically higher premiums — homeowners in Florida or Oklahoma often pay several times what homeowners in Vermont or Hawaii pay for comparable coverage. The "location" factor here is a rough stand-in for that risk, not a precise adjustment.
A common rule of thumb is 50-70% of your dwelling coverage, but the real answer depends on the actual value of your belongings. A home inventory — even a simple photo/video walkthrough — helps you check whether that percentage is enough.
Insurers regularly reprice based on regional claims trends, rebuilding cost inflation, and reinsurance costs — increases can happen even without any change to your specific policy or claims history.
No — flood damage is specifically excluded from standard homeowners policies in nearly all cases. Flood coverage requires a separate policy, typically through the National Flood Insurance Program or a private flood insurer.