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Underinsurance calculator

Written and reviewed by Sanjeev Yoganathan · Last reviewed 10 June 2026

Check whether your current sum insured is likely to be adequate, and estimate what could happen to a claim if the average clause applies.

Note: We don't store what you type, and we never ask for medical or sensitive personal details.

Use our rebuild cost or contents calculator to estimate this.

A hypothetical claim to illustrate the impact.

Check your policy wording — not all policies apply this clause.

Assumptions and methodology

Adequacy % = current sum insured / estimated true value. If average clause applies: potential claim payment = example claim × adequacy %. Shortfall = example claim − potential payment. Whether the average clause applies depends on your specific policy wording — check your policy.

Common mistakes to avoid

  • Insuring buildings for market value rather than rebuild cost — often leads to over-insurance.
  • Underestimating contents value and then being surprised when a claim is reduced.
  • Not reviewing the sum insured annually — rebuild costs and contents values change over time.
  • Assuming the average clause doesn't apply without checking the policy wording.

Frequently asked questions

Written and reviewed by Sanjeev Yoganathan · Last reviewed 10 June 2026

Disclaimer

This is a simplified estimate based on the assumptions shown above. It isn't a quote, and a real insurer may arrive at a different figure. Use it as a starting point, then check the details with your insurer or adviser.