Renters Insurance Personal Property Calculator (2026)
Renters routinely under-insure. Average renter owns $20,000-$40,000 of replaceable belongings. This 2026 calculator runs a fast room-by-room estimate and recommends coverage.
| Bedrooms inventory | — |
| Living/dining inventory | — |
| Kitchen inventory | — |
| Electronics | — |
| Jewelry (capped) | — |
| Bikes/sports/hobby | — |
| Recommended total coverage | — |
| Est. annual premium | — |
Most renters under-estimate their belongings by 40-60%. A bedroom with bed, dresser, lamps, and clothing typically holds $4,000-$6,000 of replaceable goods. A furnished living room holds $5,000-$8,000. Add electronics, kitchen items, and bikes and the average renter household needs $25,000-$45,000 of personal property coverage.
Watch The Standard Policy Caps
HO-4 (standard renters) policies have sub-limits that catch people off guard. Jewelry and watches capped at $1,500. Firearms at $2,500. Silverware at $2,500. Cash at $200. Business property (computers, tools used for work) at $2,500. If you have $5,000 of jewelry, $3,500 is uncovered without a scheduled personal property rider. Riders cost about $1-$2 per $100 of insured jewelry per year. Get items appraised first.
RCV vs ACV And ALE
Replacement Cost Value (RCV) pays today's purchase price. Actual Cash Value (ACV) deducts depreciation (often 50-70% off for items 5+ years old). RCV typically costs 20-40% more in premium but pays out 2-3x more on claims. Always choose RCV. Additional Living Expenses (ALE) coverage pays hotel, restaurant, and storage costs if your unit is uninhabitable after a covered loss — usually 20-30% of personal property limit, automatic in most policies. After a fire that displaces you for 3 months, ALE alone can pay $6,000-$15,000.
Last updated May 2026. Sources: III Renters Insurance.