Insurance Coverage Gap Calculator
Identify potential gaps between your insurance coverage and your actual financial needs.
This calculator compares your total financial exposure (assets to protect plus liability exposure) against your current insurance coverage, adjusted for deductibles. The coverage gap represents the amount of potential loss that would not be covered by insurance. A coverage ratio below 100% indicates underinsurance, while the specific dollar gap helps quantify the risk.
Calculator
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Coverage Gap
$305,000
Total Exposure
$600,000
Coverage Limits
$300,000
Less Deductibles
-$5,000
Effective Coverage
$295,000
Coverage Ratio
49.2%
Common use cases
- Assumes single loss scenario, not multiple simultaneous claims
- Deductibles are subtracted as they represent out-of-pocket costs
- Liability exposure is estimated and may vary by situation
- Does not account for coverage exclusions or limitations
This tool provides general informational estimates and is not insurance advice or a quote.