Hi,
In the worst case, an arc can occur when the contact opens. If the distance between the open contacts is too small for the applied voltage, the arc may never go out. -> fire!
There will be no calculator as it depends on many parameters. (Contact gap, opening speed, magnetic arc extinguisher, applied voltage, current, inductance....As soon as you use an electrical device beyond the specified limits, you do so at your own risk. Insurance doesn't usually cover this.
Klaus