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Calcimator

Landlord Insurance Calculator

Estimate rental property insurance costs including dwelling, liability, and lost rent coverage.

Inputs

$
$
$
years
$

Results

Monthly Premium

$122.26

≈ 8 movie tickets

Annual Premium$1,467.11
Per-Unit Monthly Cost$122.26
Lost Rent Coverage (12 mo)$18,000.00
Insurance % of Rent Income8.2%
How to Use This Calculator
  1. Enter the rental property's dwelling replacement cost.
  2. Input your monthly rental income for loss-of-rent coverage calculation.
  3. Set the desired liability coverage limit.
  4. Review the estimated annual landlord (DP-3) policy premium.
  5. Landlord policies cover tenant-caused damage and liability — add umbrella coverage for multi-unit properties.

How the result changes with Property Replacement Value

Property Replacement ValueMonthly Premium
$345,000.00$140.60
$1,082,500.00$441.15
$1,967,500.00$801.82
$2,705,000.00$1,102.37

What each input means

Property Replacement Value
Replacement cost of the rental property structure.
Monthly Rent per Unit
Monthly rent collected per unit.
Liability Coverage
Liability coverage for tenant injuries and lawsuits.
Number of Units
Number of rental units in the property.
Property Age
Age of the rental property in years.
Deductible
Your landlord insurance deductible amount.

How this is calculated

Worked example, using the default values

  1. Identify Input Parameters
    4 parameters
    Property Replacement Value = 300000, Monthly Rent per Unit = 1500, Liability Coverage = 300000, Number of Units = 1 = 6 input(s) provided
  2. Calculate Monthly Premium
    Monthly Premium
    122.26 = $122.26
  3. Calculate Annual Premium
    Annual Premium
    1467.11 = $1,467.11
  4. Calculate Per-Unit Monthly Cost
    Per-Unit Monthly Cost
    122.26 = $122.26

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