Home rebuild cost calculator
Estimate the cost to rebuild your home for dwelling coverage: square feet × local cost, plus soft costs, code upgrades and extended replacement cost.
Know how much coverage is enough.
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The National Flood Insurance Program caps cover at $250,000 for a home's building and $100,000 for contents. Enter your rebuild cost and belongings to see how much NFIP can cover and what is left over.
Showing the worked example. Change any number to see your own result.
$130,000Total gap above NFIP limits
NFIP can cover up to $250,000 for the building and $90,000 for belongings, leaving $130,000 above the federal caps. Private or excess flood insurance can cover that gap.
| Covered by NFIP | Above NFIP limits | |
|---|---|---|
| Building rebuild cost | $250,000 | $130,000 |
| Belongings | $90,000 | $0 |
| Building rebuild cost | $380,000 |
|---|---|
| NFIP building coverage available | $250,000 |
| Building amount above the NFIP cap | $130,000 |
| Belongings | $90,000 |
| NFIP contents coverage available | $90,000 |
| Belongings above the NFIP cap | $0 |
| Total gap above NFIP limits | $130,000 |
Save up to 3 versions of your inputs and compare them side by side.
Home and renters policies generally do not cover flood, so flood needs its own policy. Most flood policies in the US are written through the National Flood Insurance Program (NFIP), which has fixed maximum limits. FEMA’s FloodSmart site lists building coverage up to $250,000 and contents up to $100,000 for a home. If your rebuild cost or belongings are worth more, NFIP alone leaves a gap.
This calculator shows how much of your home and belongings NFIP can cover and how large the remaining gap is, so you know whether to ask about private or excess flood insurance.
NFIP building cover = the lower of your rebuild cost and $250,000
NFIP contents cover = the lower of your belongings and $100,000
Gap = (rebuild cost − $250,000, if positive) + (belongings − $100,000, if positive)
Renters skip the building line because the landlord insures the structure.
The calculator opens with this example: a homeowner whose house would cost $380,000 to rebuild and whose belongings are worth $90,000.
| Line | Amount | NFIP can cover | Above the cap |
|---|---|---|---|
| Building | $380,000 | $250,000 | $130,000 |
| Belongings | $90,000 | $90,000 | $0 |
| Total | $340,000 | $130,000 |
This owner could buy NFIP cover at the maximum building limit and $90,000 of contents, then ask about an excess flood policy for the remaining $130,000 of building value, or compare a private flood policy that covers the whole amount.
A renter with $35,000 of belongings needs only contents cover. NFIP can cover the full $35,000, so there is no gap. The renter’s main decision is whether the premium is worth it for the flood risk where they live.
Floods are not limited to mapped high-risk zones. The NAIC reports that over 20 percent of NFIP claims come from outside high-risk flood areas. FEMA notes that flood insurance is available to owners, renters and businesses in participating communities, and is required for buildings in high-risk areas with mortgages from government-backed lenders.
| Situation | What to consider |
|---|---|
| Mapped high-risk area with a mortgage | Flood cover is likely required |
| Near water or low ground | Strongly consider building and contents cover |
| Ground-floor or basement apartment | Consider contents cover |
| Higher ground, no local flood history | Optional; price it, lower-risk areas often cost less |
| Mistake | Better approach |
|---|---|
| Insuring the building to market value | Use rebuild cost |
| Forgetting contents cover | Contents are bought separately from building cover |
| Waiting for a forecast | The 30-day wait usually applies |
Estimate the building figure with the home rebuild cost calculator and your belongings with the home and renters checker. Our flood insurance basics guide explains what flood policies do and do not cover.
Enough to rebuild your home and replace your belongings after a flood. NFIP covers up to $250,000 for a home's building and $100,000 for contents; anything above that needs private or excess cover.
For residential properties, FEMA's FloodSmart site lists building coverage up to $250,000 and contents up to $100,000. Renters can buy contents coverage up to $100,000.
Yes. Renters in participating communities can buy NFIP contents coverage, and private insurers also sell renters flood policies.
Private coverage that sits above your NFIP policy and pays for losses beyond the federal limits. Some private flood policies also replace NFIP cover entirely.
NFIP policies usually take effect after a 30-day waiting period, with exceptions such as when coverage is required for a new mortgage.
It depends. NFIP building coverage on a primary residence can pay replacement cost when certain conditions are met, while contents are generally paid at actual cash value. Ask your agent how your policy settles claims.
Generally no. Most homeowners and renters policies exclude flood from rising water, so flood needs its own policy.
Educational information, not insurance, legal or financial advice. Coverlee does not sell insurance. How we calculate
Estimate the cost to rebuild your home for dwelling coverage: square feet × local cost, plus soft costs, code upgrades and extended replacement cost.
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