Residential Building & Contents Sum Insured Calculator Guides
The Home Contents & Home Building Calculators will assist you calculating an accurate sum insured for your requirements. You would be surprised how underinsured you might be in the event of a total loss.
Click Here for guidance with calculating Building Replacement Costs for Australian Properties – BMT & Associates Quantity Surveyors
To help you start estimating the replacement value of your home contents, this calculator uses information supplied by Sum Insured.
Based on general information held about your home, and information you provide, the calculator will generate an estimate of your home contents replacement value. To get a more accurate estimate, you can then further edit the contents information to base it on your individual circumstances.
This calculator combines Sum Insured’s home contents replacement cost database with your individual property’s household data, using an estimating technique and assumptions. The calculator doesn’t make allowance for particular insurance policy conditions or inclusions. We recommend you check your insurance policy for what’s defined or covered as a Buildings or Contents item, or both.
Simply enter your address above to help determine your estimated home contents replacement cost.
Important Information
MKW Insurance Brokers (A.B.N 53 617 495 495) takes no responsibility for the costs provided by Cordell or SI, nor any liability for the accuracy of, reliance upon or use of the costs. You accept all responsibility for assessing the suitability of the calculator for your own requirements. You agree that your use of this calculator is at your own risk. By viewing or using the calculator(s), you are deemed to accept the above.
Option A
Rebuild is a tool to help estimate the cost to rebuild your home. It is suitable for residential homes that are not covered by strata. To get started, please provide some details about your home.
Important information
It is important to understand calculators provide only a guide for rebuilding your existing building. In some locations (such as those exposed to bushfires, floods and cyclones), rebuilding in the same style and materials after a total loss (for instance, if your building is destroyed or irreparably damaged in a fire) may not be possible due to local government regulations. Check with your local council or shire to find out if your property is in a hazard zone that may have a requirement for different building standards to apply in the event your property is a total loss. These different building standards could significantly affect your rebuilding costs. Factoring these additional costs into your sum-insured will be an important consideration. A qualified local builder may also provide further guidance on rebuilding costs in accordance with relevant building standards and local planning laws.
MKW Insurance Brokers (A.B.N 53 617 495 495) takes no responsibility for the costs provided by this calculator or SI, nor any liability for the accuracy of, reliance upon or use of the costs. You accept all responsibility for assessing the suitability of the calculator for your own requirements. You agree that your use of this calculator is at your own risk. By viewing or using the calculator(s), you are deemed to accept the above.
Option B
The results from this calculator are an approximate guide only and should not be taken as advice or a recommendation to acquire any product or level of insurance cover. Typical building replacement costs are provided by RP Data Pty Ltd t/as CoreLogic Asia Pacific (ABN 67 087 759 171) (“CoreLogic”) and typical building contents replacement costs are provided by Sum Insured Pty Ltd (A.B.N. 55 947 630 521) (‘SI’). Whilst every care is taken to ensure the accuracy of the information as a guide for costing, no responsibility is accepted by either Cordell or SI for its accuracy. Please check with an Architect, Builder, Quantity Surveyor, Valuer or other suitably qualified professional for an accurate estimate and consider whether you need to obtain financial advice before selecting an insurance product suitable for you. Insurance Council Australia (A.B.N. 50 005 617 318) takes no responsibility for assessing the suitability of the calculator for your own requirements. You agree that your use of this calculator is at your own risk. By viewing or using this calculator(s), you are deemed to accept the above.
Important information
It is important to understand calculators provide only a guide for rebuilding your existing building. In some locations (such as those exposed to bushfires, floods and cyclones), rebuilding in the same style and materials after a total loss (for instance, if your building is destroyed or irreparably damaged in a fire) may not be possible due to local government regulations. Check with your local council or shire to find out if your property is in a hazard zone that may have a requirement for different building standards to apply in the event your property is a total loss. These different building standards could significantly affect your rebuilding costs. Factoring these additional costs into your sum-insured will be an important consideration. A qualified local builder may also provide further guidance on rebuilding costs in accordance with relevant building standards and local planning laws.
MKW Insurance Brokers (A.B.N 53 617 495 495) takes no responsibility for the costs provided by this calculator or SI, nor any liability for the accuracy of, reliance upon or use of the costs. You accept all responsibility for assessing the suitability of the calculator for your own requirements. You agree that your use of this calculator is at your own risk. By viewing or using the calculator(s), you are deemed to accept the above.
