Home Insurance Calculators

Buildings and contents insurance calculator

How much would it cost to rebuild your property and replace your belongings? Our buildings and contents replacement calculators can help you decide.

When you take out buildings and contents insurance, it’s important that the insurance value you nominate (known as your ‘sum insured’) accurately reflects the actual amount it would cost to rebuild your property and replace your belongings. If you’re insured for less than the replacement value of your buildings and contents, you may have to pay the difference. This can potentially impact your ability to rebuild and restart after an insured event.

Already have Insurance?

If you already have insurance, it’s important that you keep the insured value of your buildings and contents up to date. A gap between your sum insured and the actual value of your buildings and contents may occur over time as you upgrade your belongings, buy new items or make renovations to your property. If you are undertaking renovations over $75,000, it’s important you notify us as it may affect the coverage and the terms and conditions of your Home and Contents and/or Landlord insurance policy.

Get an online estimate for how much Building and Contents cover you may need in just a few minutes!

Value my Buildings

Buildings Replacement Cost Calculator

Value my Buildings

For home owners and landlords

Value my Contents

Home Contents Replacement Cost Calculator

Value my Contents

For home owners and renters

The calculator will estimate a replacement cost by using the general information about your home buildings and contents provided by you. The estimate may not be appropriate for you and you will need to assess its suitability given your knowledge of your property and contents. It is your responsibility to ensure that the level of cover will be adequate to replace your buildings and home contents in the event of a covered claim. Any advice here does not take into account your objectives, financial situation or needs. Terms, conditions, limits and exclusions apply. Before deciding whether our home insurance is right for you please consider the relevant Product Disclosure Statement (PDS)/Policy Wording, Supplementary PDS (where applicable) & PDS update (privacy notice) available on this website

Frequently Asked Questions

Some general contents items have a maximum limit on the amount they can be insured for, these items include (but are not limited to) jewellery, cameras, paintings, laptops and mobiles.

If you need to insure general contents with set limits higher than the policy limits allow, you may be able to list them separately on your policy schedule as Specified Contents for cover at the insured address only, or as Listed Portable Contents for cover at the insured address and anywhere in the world (up to 120 days continuous cover outside Australia per period of insurance).

View the General Contents with set limits or optional cover for Portable Contents to consider the cover options for your valuables.

If you already have insurance, it’s important that you keep the insured value of your buildings and contents up to date. A gap between the sum insured and the actual value of your buildings and contents can happen slowly over time. Tools such as buildings and contents insurance calculators can help you gauge the current value of your assets.
You should review and update your sums insured whenever you buy new or upgrade your belongings or if you have undertaken any household renovations, including extensions to the buildings.
To update your sums insured or any other details on your policy please call our contact centre on 131 846.

We understand the unique conditions faced in the Territory

TIO is based in Darwin and our strength lies in our solid understanding of the conditions faced within the Territory year after year.

Find out more


Talk to a local!
Our contact centre and claims teams live and work in the Territory, so we know Territory conditions.
We cover various weather events
With our Buildings and Contents cover, you may be covered for storms, cyclones2, hail, storm surge2 and flood2.
Trusted since 1979
TIO was established in 1979 to provide Territorians with a range of insurance options to choose from. We are as committed and passionate about the Northern Territory as you are.
Which best describes you?

*Conditions apply

1. Combined Discount

A discount of up to 10% is applied to your premium when you combine Buildings and Contents on one Home Insurance policy, including for the following optional covers if selected: Accidental damage and Disaster cover, but not for Portable contents cover. The combined discount doesn't apply to the premium for Flood cover or Landlord policies.

2. 72 hour exclusion period for loss or damage occurring from cyclones, storm surge or floods

To manage the risk of people taking out insurance on their uninsured home buildings or contents or increasing cover on their underinsured home buildings or contents when events such as cyclones, floods or storm surge are predicted, TIO applies a 72-hour exclusion period to some insured events. We do not provide cover (where the type of cover you have under the policy provides it) for any loss of or damage to your property caused by cyclone, flood or storm surge, during the first 72 hours after you first take out or increase the cover under the policy. However, you will be covered from the time you take out or amend your policy for loss or damage to your buildings and/or contents caused by other insured events.

3. Minimum premiums may apply

Any discounts may be subject to rounding and only apply to the extent that any minimum premium isn't reached. If you’re eligible for more than one discount, TIO applies them in a predetermined order. This means the effect of applying any subsequent discount will be reduced. For example, the aggregate effect of applying two discounts consecutively means that you won't see the full benefit of both these discounts.

Discounts don't apply to taxes or government charges.