Homeowners Insurance Cost Calculator

Homeowners premium varies $800–6,000+ depending on location, value, and CAT exposure.

Dwelling coverage

Rate per $1,000

Deductible credit %

Wind/flood adder %

Annual premium

$1,260

Monthly premium

$105

Effective rate / $1k

How the math works

Base = (dwelling / 1000) × rate. Annual = base × (1 − deductible credit) × (1 + wind/flood).

$400k / 1k × $3.50 = $1,400 × 0.90 = $1,260 annual = $105/mo.

How to Use

Enter dwelling coverage.
Enter rate per $1,000.
Enter deductible credit %.
Enter wind/flood adder %.
Read annual premium.

Frequently Asked Questions

Premium drivers?

Home value: ~$3.50/$1,000 dwelling coverage average. Location: FL coastal $4–8k/yr, CA fire zones $3–10k+, Northeast $1.2–2.5k. Construction: brick lower than wood. Roof age: 15+ yr roof = 20–40% surcharge. Wind/hail deductible: 1–5% of TIV in CAT zones. Earthquake: separate policy in CA, $1.5–4.5k. Flood: separate (NFIP up to $250k structure / $100k contents). Claim history: 1 claim adds 20–40% next renewal, 2 claims may decline. Bundle home + auto: 10–25% discount.

How is this insurance cost determined?

Property and liability insurance pricing depends on construction class, occupancy class, sprinkler/alarm, location (CAT exposure: hurricane, earthquake, flood, wildfire), claims history, deductibles, and policy limits. Hard market 2022–2025: rates +20–60%, capacity tighter, deductibles higher. Soft market typical 2010–2019: stable to declining. Underwrite for cycle.

Coverage adequacy?

Property: replacement cost vs ACV, coinsurance penalty if under-insured (80–100% requirement). Business interruption: 12–24 months typical, period of restoration triggers. General liability: $1–2M/$2–4M, umbrella to $5–25M depending on occupancy. Pollution legal liability: critical for environmental-risk assets. Builders risk for construction. Match coverage to actual exposure.

Deductible strategy?

Higher deductibles save 5–25% on premium but require risk capital. Wind/hail named storm deductibles: 2–10% of TIV in CAT zones. All-other-perils: $5–25k typical. Self-insured retention (SIR) for sophisticated operators: $50k–500k. Captive insurance: $1M+ minimum, complex but effective for portfolios. Match deductible to financial strength and risk tolerance.