Insurance Coverage Calculator
Calculate recommended insurance coverage based on your assets, income, and risk profile.
Your Situation
Recommended Coverage
Life Insurance$$1280000
10x income + debts covered. Est. cost: $$6400.00/yr
Home Insurance$$320000
Dwelling: $$320000, Contents: $$200000. Est. cost: $$960.00/yr
Auto Insurance$$300000 liability
Liability coverage. Est. cost: $$1530.00/yr
Disability Insurance$$60000/yr
60% income replacement. Est. cost: $$1200.00/yr
Umbrella Policy$$680000
Extra liability protection. Est. cost: $$680.00/yr
Total Insurance Budget
Annual Cost
$$10770.00
% of Income
89.2%
Coverage Guidelines
Life Insurance: 10x Income Rule
Replace income for 10 years. Add mortgage and debts. More for young children.
Home: 80% Replacement Cost
Cover structure rebuild. Contents 50% of dwelling. $300K+ liability.
Auto: State Minimum +
100K/300K minimum recommended. Full coverage if financed.
Umbrella: Net Worth Match
1M+ recommended for assets over $500K. Cost ~$150-300/year per million.
Insurance Priority
Health (mandatory), Auto (required), Home (mortgage requirement), Life (if dependents), Disability (income protection), Umbrella (asset protection). Review annually. Bundle for discounts. Raise deductibles to lower premiums.