Home Insurance Coverage Estimator
Enter your home’s square footage and local rebuild cost per square foot to estimate a starting dwelling coverage amount.
Home Insurance Coverage Estimator
Estimate the dwelling coverage amount you may need based on your home’s size and rebuild cost per square foot.
Dwelling coverage should reflect what it would cost to rebuild your home, not its market value or purchase price (which include land value). This calculator multiplies your home’s square footage by an estimated local rebuild cost per square foot as a starting reference point.
Example
- With the default values shown above, this calculator returns: Estimated Dwelling Coverage Needed ≈ USD 350,000.00.
Frequently Asked Questions
Why not just use my home’s purchase price?
Purchase price and market value include land value, which does not need to be rebuilt after a covered loss — dwelling coverage should reflect only the cost to reconstruct the structure itself.
Where can I find my local rebuild cost per square foot?
Insurance companies typically use specialized replacement-cost estimating tools; you can also ask a local contractor or your insurance agent for a more precise, location-specific figure.