Home Insurance Sum Assured Calculator
Estimate the ideal property and contents insurance cover for homeowners and renters
Calculation Inputs
1 Building Structure (Reconstruction Cost)
Land value is excluded; only the cost to rebuild the physical structure is insurable.
Indicative benchmarks only; adjust to prevailing construction costs in your city. Exclude land price.
2 Household Contents (Replacement Cost)
Estimate the cost to replace your items with equivalent new ones today, not original purchase receipts.
Most home policies enforce low sub-limits on jewellery; add an itemized schedule / rider if needed.
3 Additional Coverage & Factors
Major damage repairs or rebuilding typically require 6–12 months.
10%
Added to protect against construction price surges and underinsurance penalties; check if your insurer allows escalation endorsements.
Recommended Property Sum Assured (with Escalation Buffer)
₹0
This is an indicative coverage benchmark, not a premium quote or underwriter commitment. Policy limits, deductibles, and terms apply.
Coverage Breakdown
Separate Additional Benefit (Add-on Cover)
Estimated Alternate Accommodation Need: ₹0
This is kept separate from property Sum Assured. Alternate accommodation, rent loss, and debris removal are subject to policy-specific limits and add-ons; confirm in your policy schedule.
Key Assumptions
- Land value is completely excluded; only the reconstruction cost of the physical structure is insurable.
- Cost per square foot varies according to structural quality, civil materials, and geographic location.
- Household contents are evaluated on current replacement cost basis or depreciated book value depending on policy clauses.