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Home Insurance Calculator
Annual premium for structure + contents insurance.
Enter values to see your result
Frequently asked questions
Insure reconstruction or market value?
Reconstruction cost. Market price includes land which doesn't need insuring. Over-insuring wastes premium; under-insuring triggers average clause.
Is home insurance mandatory?
No — but lenders usually require it during home loan tenure. Strongly recommended regardless, given floods and fire risks.
Renter vs owner?
Renters insure only contents. Owners can insure structure + contents. Landlord's policy doesn't cover tenant's belongings.
What about natural disasters?
Standard policies cover fire, flood, earthquake, storm, riot, malicious damage. Excludes war, nuclear events, wear and tear.