Insurance Replacement Value Estiamtor

An Online Building Cost Estimating Service

Produce credible single-family residence replacement value reports -- in as little as five minutes. A smart resource for insurance adjusters or homeowners researching insurance-to-value (ITV) ratios.

Down for Maintenance

We are updating our service application to bring you the most up-to-date cost data. The Insurance Replacement Estimator will be back up shortly. Thank you for you patience.

Insurance Replacement Estimator Features

Many American homes are undervalued or underinsured

That means millions of homeowners are at risk of financial loss should a natural disaster hit. This easy-to-use calculator produces an insurable value (insurance-to-value) report for single-family homes in the U.S. – including luxury spec homes or mansions. It’s an essential tool for homeowners and underwriters making policy decisions.

Meaningful reports, fast

Reports cover all important variables including more than 30 construction cost categories, adjusted for geographic area.

Reports also include functions required by state laws such as California 10 CCR 2695.183 and Florida ATB #006-10. You get unlimited reports for one low monthly price.

Access anywhere

The Insurance Replacement Estimator is a Software-as-a-Service (SaaS) application. That means our software lives in the cloud, setup is instant, there’s no need for any maintenance, and you have access to the most up-to-data cost data available.

Current cost data you can trust

Insurance Replacement Estimator complies with the Uniform Appraisal Data (UAD) quality ratings and uses the same component-based models as Craftsman Book Co.’s National Building Cost Manual, a trusted print publication since 1975.

Dedicated technical support

Whether it’s a quick question or more tricky stuff, our support team is here to help you make the most of the Insurance Replacement Estimator.

Export reports into a wide variety of formats

Save, access, edit unlimited reports online, as well as export your reports as emails, PDF Documents, and Word Documents.

Answers to your questions

What's included in the Insurance Replacement Estimator report?

All construction costs including labor, material, equipment, plans, the building permit, supervision, overhead and profit.

How accurate are these costs?

Craftsman Book Company has published detailed construction cost data since the 1950's. Costs in Insurance Replacement Estimator are based on Craftsman's popular annual reference National Building Cost Manual. Insurance Replacement Estimator is not a substitute for judgment, analysis and sound valuation practice. It's an aid in developing an informed opinion of replacement cost. There's room for legitimate disagreement on replacement costs, even when complete plans and specifications are available, the date and site are established, and labor and material costs are identical for all contractors.

What costs are not included in the Insurance Replacement Estimator report?

Cost of the land, site development (such as bringing utilities to the site), government mandated fees and the cost of overcoming unusual soil conditions.

What about the cost of options, such as heating and cooling?

Insurance Replacement Value makes it easy to add the cost of features such as heating and cooling (including unit heaters), porches and decks, basements, balconies, fireplaces, garages and attics.

What does a report look like?

See a sample report (pdf document).