Check if you have coverage gaps in health, auto, life, and home insurance. Free insurance audit checklist. Not insurance advice.
Most people are underinsured in at least one critical area — and discover it at the worst possible moment. Insufficient liability coverage on your auto policy, a life insurance payout that only covers 2 years of income, or a home policy that does not cover rebuilding costs. Our gap analysis checks your coverage across all major insurance types against recommended benchmarks.
Critical underinsurance areas: Auto liability: state minimums often $25,000 — one serious accident costs $200,000+. Recommended: 100/300/100 ($100K per person, $300K per accident, $100K property). Life insurance: average policy is 3-4x income, recommended is 10-12x income. Homeowners: many policies have not updated coverage limits with rising construction costs — rebuild cost versus insured value. Disability insurance: most workers have none beyond employer basic plan. Umbrella policy: $1M+ liability coverage costs only $200-$300/year.
Coverage needs by situation: Young single no dependents: good health insurance, auto liability 100/300, renters insurance (often skipped — $15/month for $30K+ coverage). Married with children: life insurance 10-12x income, disability insurance, adequate auto liability. Homeowner: full replacement cost coverage, flood insurance if any risk, umbrella policy. High net worth: umbrella $2-5M, specialty coverage for valuables, estate planning insurance.
State minimums are dangerously low. Example: California minimum is 15/30/5 — $15K per person, $30K per accident, $5K property. Average serious injury claim: $80,000-$500,000. If you cause an accident exceeding your coverage: personal assets at risk. Recommended minimum: 100/300/100. Cost difference: typically $10-$30/month more than state minimum. For significant assets: add umbrella policy ($1M for $200-$300/year).
Yes — renters insurance is the most overlooked and underpriced insurance. Average cost: $15-$30/month. What it covers: personal property theft or damage (laptop, furniture, clothing), liability if someone is injured in your apartment, additional living expenses if your unit becomes uninhabitable. Common misconception: landlord's insurance does NOT cover tenant's belongings. Only your own renters policy covers your property. If your apartment burns: without renters insurance you lose everything with no recourse.
Umbrella insurance: additional liability coverage beyond your auto and home policies. $1M umbrella policy: $200-$300/year typically. Who needs it: homeowners, anyone with assets worth protecting, people with higher liability risk (teenage drivers, swimming pool, dogs). What it covers: auto accidents exceeding your auto policy limit, someone injured on your property, certain lawsuits. The math: protecting $500,000 in assets costs $250/year. Excellent value for asset protection.
Yes — every FreeFixo tool, including the Insurance Coverage Gap Calculator — Are You Properly Covered?, is 100% free with no paywall, no premium tier, and no usage limits. You do not need to create an account, enter a credit card, or share an email.
The Insurance Coverage Gap Calculator — Are You Properly Covered? uses the same formulas, rates, and reference data that financial planners, professionals, and government sources publish. Results are estimates intended for planning and education — for situations involving large sums or legal consequences, confirm with a qualified professional before acting.
No signup is ever required. The Insurance Coverage Gap Calculator — Are You Properly Covered? runs entirely in your browser — your inputs are never sent to a server, and we do not store, track, or share your data. Open it, get your answer, close the tab.