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Insurance Needs Assessment

Answer 12 straightforward questions and this tool scores your self-reported coverage readiness out of 100, then lists the specific gaps behind any "no" answers. It’s a fixed scoring formula, not AI, and nothing you answer is saved or sent anywhere.

The 12 questions

  • 1. If you own a car, do you currently carry auto insurance that meets or exceeds your state’s minimum liability requirements? (If you don’t own a car, answer yes.)

  • 2. Do you have a homeowners or renters insurance policy in force for the place you live?

  • 3. Do you have an emergency fund covering at least 3 months of expenses?

  • 4. If anyone depends on your income (kids, a spouse, aging parents), do you have life insurance in place? (If no one depends on your income, answer yes.)

  • 5. Do you have disability insurance that would replace part of your income if you couldn’t work due to illness or injury?

  • 6. Have you reviewed your insurance coverage and limits within the last two years?

  • 7. Do you know the deductible amounts on your current policies without having to look them up?

  • 8. Do you carry liability coverage of at least $300,000 across your home and auto policies?

  • 9. Do you have an inventory (photos, video, or a written list) of your major possessions in case you need to file a claim?

  • 10. If you live in a flood-prone area, do you have separate flood insurance? (If you’re not in a flood-prone area, answer yes.)

  • 11. If your net worth is higher than your combined home and auto liability limits, do you have an umbrella policy? (If it isn’t, answer yes.)

  • 12. If you freelance or run a business, do you have business insurance (general liability, professional liability, etc.)? (If you don’t freelance or run a business, answer yes.)

Your coverage readiness

Answer all 12 questions above to see your score and top gaps.

Educational information, not advice: This assessment is a simple, fixed-formula self-check based on your own answers; it isn’t AI, it doesn’t verify anything against a real policy, and it isn’t a substitute for a professional coverage review. Your "coverage readiness score" reflects only what you told this form, not an evaluation of an actual policy. Actual coverage needs, availability, and requirements depend on your insurer, your policy’s wording, and the laws of your state. Insurpedia does not sell insurance and does not recommend specific insurers.