Single-item limit gap
Insurance / FREE CALCULATOR
Identify the portion of an item value above an entered single-item limit.
Your answer starts here.
Enter your values and select Calculate to see the result and any available breakdown.
How to use this calculator
- Enter item replacement value. Use the unit shown beside the field.
- Enter single-item policy limit. Use the unit shown beside the field.
- Select Calculate and review the result. Select Reset to restore the example inputs.
How the calculation works
max(0,Item replacement value-Single-item policy limit)
Worked example
Item replacement value = 2500; Single-item policy limit = 1500. Result: 1000.
Understand your result
Identify the portion of an item value above an entered single-item limit. The result is expressed in the same currency or unit as the monetary inputs.
Assumptions and limitations
A claim may also depend on listing the item, proof of ownership and exclusions. Results are rounded for display.
Questions about this tool
What does this tool calculate?
Identify the portion of an item value above an entered single-item limit.
What should I check before using the answer?
A claim may also depend on listing the item, proof of ownership and exclusions.
Related guides
Guides will appear here when published and linked by the editor.