Coinsurance Formula: If the Insurance Coverage Amount is greater than 80% of the home's replacement cost, then the entire loss will be covered, up to the policy amount. Otherwise, the greater of the depreciated value of the house or the result of the following formula will be paid out:

Coinsurance Definition Using the free online Coinsurance Calculator makes it ultra easy to calculate the payout for a home insurance claim. Enter in the replacement value of your house, the depreciated value of your house, the homeowners insurance coverage amount, the home insurance coinsurance percentage amount, and the amount of loss incurred. Try out the free home insurance coinsurance calculator online now!

How to Calculate Coinsurance Let's be honest - sometimes the best coinsurance calculator is the one that is easy to use and doesn't require us to even know what the coinsurance formula is in the first place! But if you want to know the exact formula for calculating coinsurance then please check out the "Formula" box above.