Business Insurance Online Business Insurance Calculator
Estimate your business insurance needs with our Business Insurance Calculator. Calculate the right levels of cover to protect your business operations and secure your financial livelihood.
Calculator results are estimates only and not quotes. Actual quotes will be provided by licensed brokers after you submit an enquiry.
Business Insurance – Sum Insured Calculator
Work through the steps to total replacement values for your premises, contents, stock and equipment,
and estimate a Business Interruption (Gross Profit) sum based on your indemnity period.
This is a planning tool only – not a quote or personal advice.
Step 1 of 8
1) Business profile
A few basics to set GST display mode and help label your results.
Most businesses choose ex‑GST if they can claim input tax credits.
2) Buildings (if you own the premises)
Main structure, internal fit‑out (if part of building), structural improvements.
Retail stock, raw materials, work‑in‑progress, chilled/frozen stock. Consider peak stock if seasonal.
7) Portable tools & property (away from premises)
Laptops, tools and equipment taken off‑site. Often insured under General Property/Portable.
8) Business Interruption (Gross Profit) & results
Estimate BI from annual Gross Profit and your indemnity period, then calculate recommended sums.
As defined in policy wordings: usually turnover minus uninsured working expenses.
How long you need cover to restore operations after a major loss.
Optional uplift for extra costs (overtime, temporary premises, expediting).
A sense‑check only (rent is not always included in BI “Gross Profit”).
When you’re ready, calculate recommended sums.
Heads‑up: Liability limits (Public/Product), Machinery Breakdown, Cyber, Transit, Theft limits and
Deterioration of Stock are separate policy sections. This tool totals user‑entered values and isn’t a quote or advice.
Calculator outputs are estimates only and do not constitute quotes. Actual quotes will be provided by a licensed broker after you submit an enquiry.
Calculator outputs are estimates only and do not constitute quotes. Actual quotes will be provided by a licensed broker after you submit an enquiry.
How to use our Business Insurance Calculator
Our Business Insurance Calculator helps Australian business owners estimate appropriate sums insured for key assets and business interruption. Getting sums insured right matters because underinsurance can reduce claim payments and leave you funding repairs, replacements or lost income from cash flow. Use this tool to create a practical starting point for a quote discussion and to sense-check your current policy limits.
How to complete the calculator for the best result:
1. Select your industry. This helps frame typical asset types and interruption risks for your operations.
2. Enter your location (optional). If you operate across multiple sites, use the main premises and note other sites separately when requesting a quote.
3. Choose GST treatment. If your business is GST-registered and can claim input tax credits, use ex-GST totals. If not GST-registered, use totals that include GST to reflect your true replacement cost.
4. Add financier details (optional). Include any lender with an interest in insured assets to reduce delays during quoting and claims.
Enter replacement values by section (use today’s like-for-like replacement cost, not accounting book value):
5. Buildings (only if you own the premises): include structure, fixed improvements and structural fit-out, plus demolition, professional fees and compliance upgrades where relevant.
6. Contents and fit-out: include furniture, shelving, counters, signage, security and glass, plus installation and freight.
7. Plant and equipment and electronic equipment: include tools, machinery, POS, servers and networking, plus setup and calibration.
8. Stock and materials: use peak stock levels if seasonal, and include work-in-progress if applicable.
9. Portable tools and property: include items regularly taken off-site.
Business Interruption (Gross Profit): enter annual gross profit, choose an indemnity period (how long it may take to recover after a major loss), and add an optional AICOW percentage buffer for extra operating costs. Rent per month can be used to sense-check adequacy.
Interpreting results: the calculator totals your entries and produces recommended sums and a JSON summary you can share with a broker. Treat outputs as estimates, not a quote. Liability, cyber, theft sub-limits, transit and other sections may be separate. This is general information only and does not consider your objectives, financial situation or needs; consider the PDS and TMD and seek licensed advice if needed.
In a strategic move to bolster its presence in the Australian insurance sector, New Zealand-based insurtech company Javln has acquired Organiseit, a prominent Australian document management system provider. This acquisition follows Javln's successful $6 million capital raise in October, earmarked for accelerating its growth strategy and expanding its footprint in Australia. - read more
The Insurance Council of Australia (ICA) has declared an insurance catastrophe in response to the escalating bushfires across Victoria, underscoring the profound impact of climate change on the nation's insurance landscape. Since January 7, bushfires have ravaged over 400,000 hectares of land, leading to a surge in insurance claims and raising alarms about the increasing frequency and severity of such events. - read more
The Australian Securities and Investments Commission (ASIC) has commenced legal proceedings against Auto & General, the parent company of Budget Direct, alleging that the insurer engaged in misleading conduct regarding promised discounts to customers. The case centers on claims that tens of thousands of Budget Direct policyholders were overcharged premiums over several years due to the withdrawal of discounts that had been previously offered. - read more
Insurance Australia Group (IAG) has announced the acquisition of a 90% stake in RACQ Insurance for $855 million. This strategic move is expected to bolster IAG's gross written premiums by approximately $1.3 billion, reinforcing its position in the Australian insurance market. - read more
Suncorp Group has reported a remarkable 89% increase in net profit for the first half of 2025, with earnings per share reaching A$86.56. This substantial growth reflects the company's strong performance in the Australian insurance sector. - read more
Insurance costs can be a significant expense for businesses in Australia, and it is crucial to understand how they can affect your bottom line. With premiums on the rise, many business owners are looking for ways to cut costs while maintaining the coverage they need to protect their operations. - read more
Business insurance is a type of coverage that protects your company from financial losses that may occur during regular operations. These losses could be due to a variety of risks like property damage, legal liability, or employee-related incidents. - read more
In today's rapidly evolving business environment, insurance has become an essential component for the survival and success of small to medium enterprises (SMEs). As businesses navigate through uncertainties, unexpected events can pose significant threats. Insurance not only provides a safety net but also conveys a sense of stability and trust to partners and customers. - read more
Business insurance is a vital aspect of safeguarding your company's interests and mitigating potential risks. Whether you are a small startup or a well-established organization, having appropriate insurance coverage is essential for protecting your assets, finances, and reputation. - read more
For small businesses, navigating the intricacies of sustainability is a critical task that can be made more manageable through the prudent use of business insurance. Understandably, many small business owners prioritize immediate operational concerns over seemingly discrete matters like insurance. However, as we will explore, insurance is not a mere formality—it's a vital backbone to enduring success. - read more
Knowledgebase
Rider: An optional provision added to an insurance policy that provides additional benefits or coverage.
