Best Home Insurance in Tennessee (2023)

Compare personalized Home insurance rates in Tennessee

Home Insurance in Tennessee

You know the value of having the best homeowners insurance in Tennessee as it means you get protection for your home and a low price. Yet, even if you are after that cheap homeowners insurance policy, you may realize it isn’t always easy to find. Tennessee homeowners requirements are also a factor to consider – do you know what you need? To get all of the solutions to your concerns, read on.

Home Insurance Companies in Tennessee

Home insurance in Tennessee provides outstanding protection for your home if you choose the right policy. The top-rated homeowners insurance companies in Tennessee are those with a solid reputation and a strong financial backing. Homeowners insurance agencies in Tennessee should be able to provide you with several policy options to choose from to fit any need. And, the very best home insurance companies in Tennessee also help you find discounts. Independent insurance agents in Tennessee can be there to help you with all of your needs.


How to Get the Best Rates for Home Insurance in Tennessee

To get the best rates for home insurance, you need options to compare. Add your zip code to the tool on this page to get started.


<zipcode>Find The Cheapest Home Insurance In Your Area:</zipcode>


How Much Does Homeowners Insurance Cost in Tennessee?

How do you know if you are getting a good price or the cheapest home insurance in Tennessee? You need to get home insurance quotes in Tennessee and compare them to the state’s average. The average annual premium in Tennessee is  $1,147, which is close to the national average of $1,173.


<twitter>The average annual premium in Tennessee is  $1,147, which is close to the national average of $1,173.</twitter>


List of Homeowners Insurance Companies in Tennessee

How should you compare policies within your state? Get a list of the available providers by entering your zip code on this page.

How Homeowners Insurance Is Calculated in Tennessee

Insurance companies try to look at data to determine the amount of risk your property presents. The more risk, the more likely you are to file an insurance claim. To gather insight, companies generally look at data like the following along with specific details about your home.


<qa>1;Crime;In Tennessee, crime is a key factor on why rates are a bit higher than other states. The property crime rate in Tennessee is 29.41 incidents in 1,000 residents. The national average is just 24. This causes rates to increase.</qa>

<qa>2;Weather/Climate;Climate factors in Tennessee include everything from thunderstorms and wind damage to tornadoes and flooding. The more risks to your home that are present, the higher your costs are going to be.</qa>

<qa>3;Home Values;Also, consider home values. The more valuable your home is, the more financial coverage you need. The median home price for a property in Tennessee, as of March of 2019 is $166,500. That’s slightly higher than the national average.</qa>

Home Insurance Requirements in Tennessee

It can also be challenging to know what type of coverage you need based on what rules you need to follow. Here are some common questions about home insurance requirements in Tennessee answered.

Is Homeowners Insurance Required in Tennessee?

The state’s laws do not require you to maintain insurance. However, your home loan lender may have a clause in your policy that requires it. This policy requirement tends to require you to maintain a comprehensive insurance plan that offers coverage at least of the value of the home.

What Does Home Insurance Cover?

The average home insurance policy in Tennessee provides coverage for property and liability risks. Most policies protect against fire, storm damage, and theft, among others. However, most policies exclude flooding. You may need to buy a separate flood insurance policy for Tennessee.

Homeowners Insurance for New Properties in Tennessee

New construction is thriving in Tennessee right now. People are building homes of all types. If you use a loan to fund your new home’s build, you’ll need to have home insurance on it. Yet, everyone can benefit from this coverage.

Homeowners Insurance for Old Properties in Tennessee

Older properties in Tennessee may not be as valuable. You may be tempted to drop coverage. Yet, even older homes benefit from insurance coverage. It minimizes the risks of loss of your home.

Renters Insurance in Tennessee

The only required renter’s insurance in Tennessee is that from your landlord. The state and most cities do not require it.


It’s nearly always a benefit to you, though. Tennessee renter’s insurance tends to cost about $15 to $25 per month. It covers your property as well as your liability risks.


<zipcode>Compare Renters Insurance in Tennessee</zipcode>


Compare Home Insurance in Tennessee by City

What does it all mean? To get the cheapest home insurance in Tennessee, you need to obtain quotes for your home specifically and compare them. When you compare home insurance quotes, you gain insight into all of your options. Here are some factors that play a role in the state’s biggest cities.


<qa>1;Home Insurance Quotes in Nashville, Tennessee;Nashville is a large community, home to more than just country music. It has 667,560 people living in it. With home values of $266,000, the area has rates a bit higher than average.</qa>

<qa>2;Home Insurance Quotes in Memphis, Tennessee;Memphis is slightly smaller but has the same type of urban, upscale environment. It’s home to 652,236 people. Home values in Memphis are some of the lowest of large cities. It stands at $85,800.</qa>

<qa>3;Home Insurance Quotes in Knoxville, Tennessee;Knoxville continues to grow. As of March of 2019, it had 187,347 people living there. The median value of a home in Knoxville is $173,300.</qa>

<qa>4;Home Insurance Quotes in Chattanooga, Tennessee;Though a bit smaller, Chattanooga is a typical residential community. It’s home to 179,139 people.</qa>

<qa>5;Home Insurance Quotes in Clarksville, Tennessee;With 153,205 people, Clarksville is home to a modern, growing community with ample recreational opportunities. Home values in Chattanooga are $148,000, but growing year-over-year with a growth of nearly 6 percent.</qa>


Bonus: Most Expensive Homes in Tennessee

Now that you have some ideas about your home’s insurance, what do you think the most expensive homes in Tennessee cost to insure?


  1. A home at 4009 Carters Creek in Franklin, owned by country music cars Tim McGraw and Faith Hill, is valued at $18.5 million.
  2. The home at 5205 Still House Hollow Road in Franklin is valued at $17.9 million, for a 550-acre property.
  3. Another home, this one at 615  River Road in Kingston, is valued at $15.5 million.