Free Policy Management Tools
Manage every policy you hold as one portfolio
Four tools for policy management rather than policy shopping: rank three offers on expected cost, total what you actually spend across every line, and run a structured coverage review and renewal preparation.
Policy Comparison Tool
Rank up to three policies on expected annual cost, combining premium, deductible and limit into a single comparable figure.
Result
Best on expected cost
Policy C
Its expected annual cost
$1,617
- Policy A expected cost
- $1,764
- Policy B expected cost
- $1,624
- Policy C expected cost
- $1,617
- Lowest premium
- Policy B
- Lowest premium amount
- $1,290
- Expected claim cost included
- $167
This is an estimate based on the values you entered. Actual premiums, coverage, eligibility and pricing vary by provider and by individual circumstances.
Expected annual cost adds the premium to the share of a typical claim you would pay yourself, weighted by how often you expect to claim. It is a planning comparison, not a prediction.
A policy is more than its price. Check exclusions, claim service, endorsements and the financial strength of the carrier before switching.
Policy comparison
| Policy | Annual premium | Deductible | Limit | Expected annual cost |
|---|---|---|---|---|
| Policy A | $1,680 | $500 | $400,000 | $1,764 |
| Policy B | $1,290 | $2,000 | $400,000 | $1,624 |
| Policy C | $1,450 | $1,000 | $400,000 | $1,617 |
Read the full guide, worked examples and FAQ for this calculator →
Popular tools
The calculators visitors to InsurancePolicyTools open most often.
- Comparison
Policy Comparison Tool
Rank up to three policies on expected annual cost, combining premium, deductible and limit into a single comparable figure.
Open calculator → - Budgeting
Insurance Spend Calculator
Add up every premium a household or business pays, see the split by line, and check the share of income it represents.
Open calculator → - Coverage & Limits
Coverage Review Checklist
Run a structured annual review across every policy, so gaps and duplications get found before a claim finds them.
Open calculator → - Renewals & Dates
Renewal Readiness Checklist
Prepare properly for a renewal so the decision is made deliberately rather than by letting the notice expire.
Open calculator →
Insurance is bought one policy at a time, on different dates, from different carriers, and then largely forgotten. The result is a portfolio nobody has ever looked at as a whole - which is where duplication hides and where gaps quietly open.
These tools take the portfolio view. What do you actually spend? Which line dominates it? What changed this year that a policy has not caught up with? And when a renewal arrives, what needs checking before it is accepted?
Browse by category
Coverage & Limits
Decide how much cover the numbers support and where the gaps are.
Renewals & Dates
Track policy dates, renewal costs and cancellation refunds.
Why use InsurancePolicyTools
The total, in one place
Every premium across every line, converted to monthly and daily figures, with the split by line and the share of income.
A structured annual review
Life changes first, then the numbers, then the gaps and duplications. Progress saved in your browser and downloadable as text.
Renewal preparation with time to act
A four-week sequence that front-loads the work, so the decision is made deliberately rather than by letting the notice expire.
Free, private, no account
Nothing is uploaded and nothing is stored on a server. Every tool works immediately with no sign-up.
How it works
- Total your spend first - it is the fastest way to see the shape of the portfolio.
- Run the coverage review once a year, starting with what changed in your life.
- Four weeks before each renewal, work through the readiness checklist.
- Use the comparison tool on the quotes that review produces.
Frequently asked questions
How often should I review my policies?
A full review once a year is enough for most households, plus an immediate check after any significant change - a move, a renovation, a new vehicle, a change in household or income.
What is the most common thing a review finds?
Duplicated cover attached to other products - roadside assistance, travel cover, gadget cover - and limits that no longer match what they were set against.
Is there a correct share of income to spend on insurance?
No. It depends on what you own, who depends on you and how much loss you could absorb. The figure is useful for tracking change over time rather than as a benchmark.
Do the checklists save my progress?
Yes, in your own browser. Nothing is uploaded, and clearing site data removes it. You can download any checklist as a text file.
Can these tools recommend a policy?
No. They rank options on the figures you enter. Exclusions, claim handling and carrier strength are not quantifiable and have to be read.