2017 RANKING & REVIEWS
TOP RANKING BEST HOME INSURANCE CALCULATORS


Choose the Best Homeowners Insurance Calculator to Estimate Home Insurance Cost Before You Buy

Whether you already own a home or are planning to buy one, you’ve most likely had to estimate homeowners insurance. Home mortgage lenders require home insurance, and even if your house is paid off, it’s a smart thing to have if anything goes wrong. A homeowners insurance calculator can help you find the best coverage at the best price.

Because the typical home insurance cost can be included with the monthly mortgage payment, some people don’t take the time to shop around. But by using a homeowners insurance estimate calculator, you may be surprised at the money you can save and still have great coverage.

Best Home Insurance Calculators

Award Emblem: Top 6 Best Home Insurance Calculators

How much is homeowners insurance? According to The Federal Reserve Board, home insurance prices can range from $300 to $1,000 per year. Things like property value, location, size of home, or flood or earthquake zones can all affect the typical home insurance cost.

When you are using a homeowners insurance cost calculator, you want to make sure you understand how things like a deductible can affect your annual home insurance prices, as well as understand how flood insurance works if you’re in a flood zone.

In this article, we are going to review the top six home insurance cost calculator tools, explain what inputs go into each one to get homeowners insurance estimates, and give you some tips on finding the best insurance for your home.

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AdvisoryHQ’s List of the Top 6 Best Home Insurance Calculator Tools

List is sorted alphabetically (click any of the calculator names below to go directly to the detailed review section for that calculator):


Top 6 Best Homeowners Insurance Calculators | Brief Comparison & Ranking

Homeowners Insurance Estimate Calculators

Simple or Detailed

Offers Insurance Quote

Requires consent to be called

American Family Insurance® Homeowners Insurance Calculator

Detailed

Yes

Yes

esurance® Home Insurance Calculator

Detailed

Yes

No

HomeInsurance.com Home Insurance Calculator

Simple

Yes

No

Homeowners Insurance aXis Home Insurance Premium Savings Calculator

Simple

Yes

No

House Insurance Rates Homeowners Insurance Calculator

Simple

Yes

No

N Calculators Home Insurance Calculator

Simple

No

No

Table: Top 6 Best Homeowners Insurance Estimate Calculators | Above list is sorted alphabetically



Homeowners Insurance Estimates FAQ | What Factors Are Used to Estimate Homeowners Insurance?

The reason that the typical home insurance cost varies so widely ($300-$1,000) is because there are many factors that influence your annual premium. When asking, “How much is home insurance?” it helps to understand these factors and what they mean to home insurance prices.

Following is a summary of the main factors that are used to estimate homeowners insurance.

Rebuilding Cost: In some of the homeowners insurance estimate calculator sites, you’ll see an input for cost to rebuild or questions about square footage or number of stories. These questions all calculate into the cost to rebuild your home. If your home is larger and costs $300,000 to rebuild, your home insurance prices would be more than someone with a home that costs half that much to rebuild.

Location: Insurance companies will look at the statistics of where you live, such as whether it’s a high crime area or a hurricane or tornado prone zone to estimate homeowners insurance. You will typically pay less if you live in a safer area.

Age of Home and Upgrades: If you have an older home with outdated plumbing or electrical work, your typical home insurance cost could be higher than a more modern home. Making upgrades, like adding a new roof recently, can decrease your premiums.

Deductible: As with other types of insurance, if you have a higher deductible, it can reduce costs when you estimate home insurance. One home insurance cost calculator on our list was chosen because it can estimate homeowners insurance premium changes based upon deductible.

Past Claim History: When asking, “How much is homeowners insurance?” you’ll want to be aware that insurers will take a look at your claim history. Too many past claims can affect your home insurance prices, making them higher.

Other Considerations: A few other considerations that factor in when estimating how much home insurance is on an annual basis are things like whether you have a dog that can damage property or whether you have a pool or trampoline that can cause safety issues, making the price go up.

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Homeowners Insurance Estimates FAQ | What Is Flood Insurance?

One very important thing that new homeowners need to know before they estimate homeowners insurance with a home insurance calculator is that standard homeowners insurance does not cover flood damage. This can be a costly fact to find out the hard way if you’re in a flood prone area.

Homeowners Insurance Calculator

 Image Source: Homeowners Insurance Estimate Calculator

Flood insurance is available to homeowners, renters, and commercial building owners or renters. It is a policy specifically to cover flood damage, above and beyond a typical estimate of home insurance policies.

According to the National Flood Insurance Program, from 2011 to 2015, the average residential flood claim amounted to nearly $43,000. Below are some resources you can use to find out if you’re in a flood-prone area and buy affordable flood insurance.

  • FEMA – Flood Map Service Center
  • FloodSmart.gov – Understanding Flood Maps
  • FloodSmart.gov – Homeowner Flood Insurance Resources
  • FEMA – The National Flood Insurance Program
  • Agents.FloodSmart.gov – Flood Insurance Agents Resources


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Detailed Review – Top Ranking Homeowners Insurance Calculators

Below, please find a detailed review of each home insurance calculator on our list of best homeowners insurance estimate calculators. We have highlighted some of the factors that allowed these home insurance cost calculator tools to score so highly in our selection ranking.



American Family Insurance® Homeowners Insurance Calculator Review


This first calculator to estimate homeowners insurance is from American Family Insurance®, and it is the only one that requires you to give contact details. For some, that may be a negative, but if you’d like the convenience of an agent calling, then the American Family Insurance® Homeowners Insurance Calculator may be the one for you.

While being more detailed, the inputs to estimate homeowners insurance start off with a single input for zip code. Then, it asks questions one by one in a “getting to know you” section, with each question relating to the property you own or type of insurance you need.

We chose this homeowners insurance estimate calculator for our top ranking because it makes the input process easy, and for those who would like to ask, “How much is homeowners insurance?” to a live person, it connects you with an agent who will call.

Inputs for this homeowners insurance calculator include:

  • Zip code
  • Whether you own more than $1,500 in jewelry
  • Whether you need identity theft protection
  • Whether you have more than $1,000 of personal property
  • If you rent your home to others
  • If you have a pet
  • If you run a daycare from your home
  • If you run a business from your home
  • If a family member is in an assisted living facility
  • Name, address, phone, email (general contact information)

Find the American Family Insurance® Homeowners Insurance Calculator Here



esurance® Home Insurance Calculator Review


esurance® is an Allstate® company, and this is another home insurance cost calculator that is a bit more detailed, but they try to make the inputs easy. The esurance® Home Insurance Calculator begins with your net worth range and uses an easy slider input.

We like this homeowners insurance cost calculator because it includes a handy explanation at the bottom of the page that tells you how they do homeowners insurance estimates and how the questions relate to typical home insurance cost.

One you go through the initial questions, you’ll receive suggested coverages to consider, including dwelling, liability, and deductible amount. They also give you a number to call to speak with an agent directly to ask, “How much is home insurance?”

Inputs for this homeowners insurance estimate calculator include:

  • Net worth
  • Estimate of belongings replacement
  • Cost to rebuild home
  • Risk tolerance
  • Zip code

Find the esurance® Home Insurance Calculator Here

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HomeInsurance.com Home Insurance Calculator Review


HomeInsurance.com is a site dedicated to making it easy for you to estimate home insurance and connect with a professional to help you find the best home insurance prices you can. The HomeInsurance.com Home Insurance Calculator makes it easy with just four initial questions.

Homeowners Insurance Estimate Calculator

Image Source: HomeInsurance.com Homeowners Insurance Cost Calculator

The ease of use and great explanations of  how they estimate homeowners insurance are two reasons this home insurance cost calculator made our top six list.

This is also a good site for competitive quotes. Because this homeowners insurance cost calculator gives you the ability to connect with several potential agents to ask how much is homeowners insurance and get several quotes to compare.

Inputs for this homeowners insurance estimate calculator include:

  • Zip code
  • Square footage of your home
  • Number of stories
  • Number of bathrooms

Find the HomeInsurance.com Home Insurance Calculator Here



Homeowners Insurance aXis Home Insurance Premium Savings Calculator Review


Homeowners Insurance aXis is another site you can use if you want to compare multiple homeowners insurance estimates. Some of the company’s partners include Liberty Mutual® Insurance, Progressive®, and MetLife.

We chose the Homeowners Insurance aXis Home Insurance Premium Savings Calculator for our top six list because it gives you information from a different perspective than other calculators that estimate homeowners insurance. This one tells you how much you can save on the typical home insurance cost by raising your deductible.

There are just two simple inputs, which makes it easy to compute savings from a variety of deductible and premium amounts in just seconds. It gives you important information on the correlation to premium before you ask an agent, “How much is homeowners insurance?”

Inputs for this homeowners insurance calculator include:

  • Premium amount
  • Deductible amount

Find the Homeowners Insurance aXis Home Insurance Premium Savings Calculator Here



House Insurance Rates Homeowners Insurance Calculator Review


House Insurance Rates is a site designed to give you one simple form to use in order to compare several affordable homeowners insurance estimates. Their House Insurance Rates Homeowners Insurance Calculator allows you to get a rough estimate of a coverage amount before you use their service for a personalized quote.

We really like the simple design and ease of use of this homeowners insurance estimate calculator. It has just a few inputs on one page, which allow you to calculate a rough estimate of homeowners insurance in seconds.

It’s important to read the details on the page, so you don’t confuse the end dollar figure as an annual premium, which it’s not. The result it provides you is an estimate of the total insurance coverage amount you should get based upon the average U.S. building cost per square foot.

Inputs for this homeowners insurance cost calculator include:

  • Number of levels
  • Square footage of home
  • Zip code
  • Home type (standard, upgraded, premium)

Find the House Insurance Rates Homeowners Insurance Calculator Here

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N Calculators Home Insurance Calculator Review


Rounding out our list of the best calculators to estimate homeowners insurance is N Calculators. This is not an insurance site, like many of the others, but a site that has just about every type of calculator on the planet, from math to finance to statistical calculators.

A feature that their N Calculators Home Insurance Calculator has that the others don’t is the ability to choose your currency and get your answer to, “How much is homeowners insurance?” in your currency of choice.

This home insurance cost calculator is slightly different in that it asks you to input a desired insurance amount per square foot. If you scroll down, you’ll see they give you some estimates to go by from standard ($121/S.F.) to fully upgraded ($204/S.F.) to help you get an understanding of insurance from a rebuilding perspective.

Inputs for this homeowners insurance estimate calculator include:

  • Currency choice
  • Square footage of home
  • Insurance amount per square foot

Conclusion – Top 6 Best Homeowners Insurance Estimate Calculator

As you can see, there are several different factors to consider when asking, “How much is homeowners insurance?” There is not a one-size-fits-all answer. A homeowners insurance cost calculator can help you estimate home insurance from a number of different perspectives.

Home Insurance Calculator

Image Source: How Much Is Home Insurance?

Things like a deductible, whether you have a pool, the rebuild cost, and home location all affect home insurance prices. It’s also important to be aware of whether or not you need flood coverage, since that is not usually included in a standard estimate of home insurance.

Your home is one of your most valuable assets that you want fully protected. So, we suggest that before you shop, go through several of our top six calculators that estimate homeowners insurance to get the full picture of determining factors for the coverage amount you should get and the typical home insurance cost.

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Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.

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