Explore your business insurance needs with our Business Insurance Calculator. Use different cost assumptions and business scenarios to estimate potential insurable amounts and better understand the factors that may affect your calculations.
Calculator results are estimates based on the inputs and assumptions used and are provided for general information only. They are not quotes, offers, approval or eligibility decisions, or personalised recommendations. Actual repayments and costs may differ.
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.
Australian SME borrowing has taken a sharper turn upwards, with new September quarter reporting from Inside Small Business showing Banjo Loans recorded its strongest SME lending quarter since its barometer began in 2023. For business owners, the message is not simply that confidence has returned; it is that many firms appear to be treating finance as a buffer against still-uncertain trading conditions. - read more
Fresh attention around Australian Taxation Office interest charges is giving small and medium-sized businesses another reason to treat tax debt as a front-line cash flow issue rather than a back-office problem. From the current income year, deductions are no longer available for general interest charge and shortfall interest charge amounts incurred on unpaid or underpaid tax liabilities. In practical terms, that can lift the after-tax cost of carrying ATO debt. - read more
Fresh small business tax reporting has put asset write-offs back in the spotlight, with many Australian SMEs again weighing whether to bring forward spending on vehicles, machinery, technology or fit-out. The practical message is clear: tax incentives can improve the after-tax cost of an eligible purchase, but they should not be treated as a substitute for a disciplined finance decision. - read more
Fresh industry reporting on business lending suggests Australian SMEs are still looking for ways to invest in productive assets, even while broader trading conditions remain uneven. Demand for finance linked to vehicles, machinery, technology and other equipment appears to be holding attention because these purchases can directly improve capacity, efficiency or service delivery. - read more
Running a small or medium-sized business in Australia can be an exciting venture, full of potential and growth opportunities. However, maintaining a healthy cash flow is critical to keeping that dream afloat and thriving. This is where working capital loans come into play. - read more
Applying for a business loan involves more than completing an application form. Lenders typically assess a range of factors when deciding whether to approve a loan, including the financial position of the business, its ability to repay the loan and the information provided as part of the application. - read more
The landscape of business funding is undergoing significant changes, offering new opportunities and challenges for small businesses. With evolving technologies, shifting market dynamics, and an increased focus on sustainability, entrepreneurs are seeing a transformation in how they secure and manage funding. - read more
Sustainable business funding helps Australian SMEs explore finance for projects that reduce environmental impact or support socially responsible operations. Understanding the available options, eligibility criteria and application process can help business owners plan green initiatives with greater clarity. - read more
Knowledgebase
Jumbo Loan: A mortgage loan that exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA).
