homeowners cost calculator

Homeowners insurance calculator with NO personal information

Are you trying to figure out the cost of home insurance?

Our convenient home insurance calculator is here to help.

Whether you need to estimate home insurance costs because you’re buying a new home or are looking for a better deal, our calculator is a great first step.

Best of all...No personal information required.

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How to Use the Home Insurance Cost Calculator

Finding the average cost of homeowners insurance is a breeze with our easy-to-use calculator.

First, select whether your house is standard, semi-custom or custom. Roughly 75% of homes are standard, 20% are semi-custom and 5% are custom.

Next, use the slider to select the approximate square footage.

That’s it! Your premium estimate will appear instantly at the bottom of the calculator – and you didn’t have to provide any personal information at all.

So, how much is home insurance for you?

Before putting the calculator to use, get up to speed about various aspects of home insurance, including factors affecting the cost of home insurance, below.

iconHome Insurance Cost Calculator

1. Home Quality or Style

Standard Home Construction (75% of all homes)
Semi Custom Home (20% of all homes)
Custom Home (5% of all homes)

2. Total Finished Square Feet, Living Area (Slide for Sq. Ft.)

1,00010,000

*Estimated Premium

*Subject to underwriting and availability by carrier and state located. This is not a guarantee or offer of coverage. For more information or home insurance quotes call 314-569-1010. All rights reserved Insurance Brokers Group, LLC

Now that you have an idea of your cost of home insurance let's find the best rates locally.  Click on the link below for home insurance quotes

 home insurance quotesGet Instant Access
Table of Contents
How to Use the Home Insurance Cost Calculator
How are homeowners insurance premiums calculated?
Top Factors Affecting Homeowner’s Insurance Premiums
Can I pay homeowners insurance Directly?
How much Is Homeowners Insurance?
How much is home insurance on a $200,000 house?
How much is home insurance on a $250,000 house?
How much is home insurance on a $300,000 house?
How much is home insurance on a $500,000 house?
How much is home insurance on a $1,000,000 house?
How do I estimate home insurance costs?
Benefits of a Home insurance calculator
What is the cost of home insurance?

How are homeowners insurance premiums calculated?

The cost of home insurance can vary depending on several factors including but not limited to:

  • Amount of dwelling coverage
  • Age of home
  • Number of stories or floors
  • Any prior claims
  • Credit score of the homeowner
  • Deductible amount - out of pocket expense
  • Safety features - Smoke detectors, burglar alarm, deadbolt locks, etc.
  • Location or State the property is located
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Top Factors Affecting Homeowner’s Insurance Premiums

The cost for home insurance is based on a variety of factors. After using our calculator, you can make adjustments to the estimate by taking the following factors into account:

  • Replacement Cost – If you’re wondering, “What does homeowners insurance cost in my state,” know that the cost of replacing it plays a major role in the equation.  Replacement cost refers to the cost to rebuild the same home at the same location.  It’s not the same as the market value, which takes things like land cost into account.
    Unfortunately, most people only buy enough home insurance to cover the cost of their mortgage.  Typically, that’s only 80% to 90% of the actual cost depending on your down payment amount.  It can be lower still if the home has appreciated in the meantime.
    Avoid potential disaster by having a professional appraiser give you a definitive cost to replace your home, and then inform your insurance company.
  • Deductibles – Like any type of insurance, the lower your deductible is, the more your premium will be for homeowner’s insurance.  The cost for home insurance, therefore, depends on the amount of your deductible.  Bumping it up to $1,000 over $500 can save up to 25%, but you need to be able to pay the deductible easily if need be.
    Note too that additional deductibles may apply depending on your policy.  For example, you might also have a windstorm deductible or a deductible for hail damage.
  • Claims History – Unless this is your first homeowner’s insurance policy, your claims history will come into play to affect the cost of home insurance. Insurers know that there is a correlation between previous claims and the likelihood of new ones be filed. Certain types of claims bump up rates more than others. For instance, a fire claim raises premiums by an average of 20% while a second fire claim can increase them by 44%.
    You can request one free copy of your claims history via the Comprehensive Loss Underwriting Exchange, or CLLE, Personal Property Report, which includes all claims filed in the last seven years.
  • Credit History – Insurers in all states except California, Maryland and Massachusetts are allowed to use your credit history when calculating premiums for home insurance. Each insurer uses its own formula, and the result is not the same thing as a credit score. People with poor credit histories pay an average of 127% more than those with excellent credit histories, so it pays to pay your bills on time.
  • Age and Construction of Home – Older homes tend to cost more to rebuild since materials like plaster, stained glass and hardwood floors are more expensive to replace.  A home that is 30 years old costs about 1% more to insure than a newer one; one that is 50 years old will cost about 3% more to insure.  Insuring a newly built home costs up to 36% less.
  • Home Liability Limits – Most homeowners opt for home insurance policies with $100,000 home liability limits.  If someone is injured on your property, however, the costs can far exceed that amount. Bumping it up to $300,000 will mean a higher premium but better peace of mind. If you own a dog – especially a breed that is considered aggressive – your insurer may require you to add more liability coverage.  The same applies if you have a swimming pool or hot tub; however, having one will likely only increase your premium by around 1% or so.
  • Other Factors – Other things that can affect the cost for home insurance include your marital status, proximity to a fire station, proximity to a coastline or body of water, having a home-based business and having a wood-burning stove.  If you do any remodeling, the improvements can also mean updating your policy – and that can mean higher premiums.
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Can I pay homeowners insurance Directly?

When you have a mortgage, your property taxes and home insurance are typically paid for out of an escrow account.

However, you can opt for a no-escrow policy.  It makes sense if you have high property taxes and expensive premiums because it lets you keep earning interest on the money longer instead of forking it all over at one time.

Note, however, that this option is not available for FHA- or USDA-backed loans.

Obviously, if you don’t have a mortgage, you’ll need to pay for home insurance the same you would car insurance.  … However, if you have a mortgage, you can choose a no escrow option whereby you pay insurance premiums and taxes yourself. 

How much Is Homeowners Insurance?

How much is home insurance on a $200,000 house?

How much is home insurance on a $250,000 house?

How much is home insurance on a $300,000 house?

How much is home insurance on a $500,000 house?

How much is home insurance on a $1,000,000 house?

 home insurance quotesGet Instant Access

How do I estimate home insurance costs?

If you haven’t already spoken with an insurance agent or broker, use our simple to use home insurance calculator. 

Like many folks, you may wonder, “What is the lowest cost home insurance?” As you can see, there is no simple answer to that question. However, using our convenient calculator helps you get a ballpark idea of how much you will spend.

This will give a basic understanding of the estimated cost of insurance for your home.  

Once you decide if the premium is in your budget, you can, then submit a request for an actual homeowners insurance quote based on that property.  

Since no personal information or property address was initially provided, you’ll be asked a few questions and then offered some home insurance quote options.  

It's the simplest Home Insurance Calculator you'll ever use.

Ready for actual quotes, click the link below for fast, free rate quotes.

Benefits of a Home insurance calculator

  • Simple to use - two-step process with instant rates
  • Fast estimates based on size of home
  • Good general cost of home insurance
 home insurance quotesGet Instant Access

What is the cost of home insurance?

By using a home insurance calculator you can get an estimated cost of insurance for your property with NO personal information. 

What questions people ask when thinking about home insurance

What does homeowners insurance cost in my state?

How much is home insurance?

What is the lowest cost home insurance policy?

It’s normal to wonder these things, and you’ve landed on the perfect site for finding the average cost of homeowners insurance.

Without providing any personal information, you can use our calculator to get an estimate in just two easy steps.

Yes, it’s that easy, so give it a try now!

iconHome Insurance Cost Calculator

1. Home Quality or Style

Standard Home Construction (75% of all homes)
Semi Custom Home (20% of all homes)
Custom Home (5% of all homes)

2. Total Finished Square Feet, Living Area (Slide for Sq. Ft.)

1,00010,000

*Estimated Premium

*Subject to underwriting and availability by carrier and state located. This is not a guarantee or offer of coverage. For more information or home insurance quotes call 314-569-1010. All rights reserved Insurance Brokers Group, LLC

 home insurance quotesGet Instant Access
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John Espenschied
 

John Espenschied owns and manages one of the top insurance brokerages for auto, home, and life insurance in the US. John is a much sought-after resource for journalists seeking his expert insight and knowledge of helping consumers find affordable coverage and advice.

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