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38134 Home Insurance Quotes & Rates

Currently, the 15,252 homes within the 38134 zip code are being challenged with rate increases and the demand for more affordable homeowners insurance premiums. The average home insurance rate for Tennessee is around $1,010 per year for a standard HO-3 homeowners policy. A standard homeowners policy in Memphis, TN, insures your home from theft, fire, windstorm damage and liability accidents on your property. Flood or earthquake damage is not covered under a basic homeowners policy, we can help you review the best coverage option for your home in 38134.

Tennessee is now ranking #21 in the country for the highest premiums. If you are trying to lower your premium and want to compare up to 12 Memphis home insurance quotes all in one place then GetHomeInsuranceQuotes.com of Tennessee has the online shopping service for you. Our hassle free online quoting application allows homeowners in the 38134 area to review and compare the best rates and coverage options. We can provide a free consultation process to help you decide which carrier, coverage and policy is the best fit for you and your family. We realize that protecting your most valuable investment is very important to you, that is why we want to help you increase your coverage while providing the most affordable rates available. Let us help you shop and compare your Memphis, Tennessee home insurance rates today!

Please give us a call now at 1-855-976-2656, easily get up to 12 rates over the phone in minutes. For Memphis, TN Home Insurance Quotes, start your shopping process to today, it's easy and hassle free!

38134 Home Insurance Average Premiums

Local 38134 homeowners insurance quotes comparison

$760 /yr.

Shows Zip Code: 38134 lowest rates with discounts applied on average.

For the 38134, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$760 /yr.
Average Coverage:$1010 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1310 /yr.

What is the average home insurance cost for a home in 38134?

  • • The average homeowners insurance premium paid annually for a home in 38134 is around $1010 per year.

What does it cost on average per month for home insurance in 38134?

  • • Homeowners in 38134 pay a monthly average cost per month around $84.00.

What kind of discount could I get if I combine my home and auto insurance together in 38134?

  • • Autoowners in 38134 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Memphis area, check out other zip codes nearby 38134.
Review average rates in another zip code:
38112 homeowners insurance rates
38114 homeowners insurance rates
38120 homeowners insurance rates
38126 homeowners insurance rates
38109 homeowners insurance rates
38128 homeowners insurance rates
38108 homeowners insurance rates
38133 homeowners insurance rates
38152 homeowners insurance rates
38111 homeowners insurance rates

Home Replacement Cost Coverage in 38134

Average Building Cost Per Square Foot in 38134: $135

Location: Memphis, Tennessee (Shelby County)

Average Square Footage in 38134: 1,036 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 38134 before you start any project. Memphis homeowners pay on average around $135 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 38134 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 38134 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,036 sq. ft. and the average cost to rebuild the home in this area is around $135 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Memphis area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$1351,036$139,900
Additional Upgrades & Added Features$1691,036$174,875
Major Home Updates or Advancements$2031,036$209,850

It's important to understand that when you estimate your replacement cost of your home in the 38134 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 38134

Lacroix Leslie

Address: 2900 Court Street Memphis, TN 38134
Phone: (901)388-9502
Website:

Allstate Insurance-Al Pettinato

Address: 2840 Summer Oaks Dr Ste 101 Bartlett, TN 38134
Phone: (901)377-1800
Website: www.allstate.com

Morton Insurance

Address: 2865 Summer Oaks Drive Memphis, TN 38134
Phone: (901)382-4600
Website: www.mortoninsurance.com

Murphy Charles M Agency

Address: 6563 Stage Oaks Drive Memphis, TN 38134
Phone: (901)385-1234
Website:

Kaiser Insurance Agency

Address: 2868 Summer Oaks Drive Suite 105 Memphis, TN 38134
Phone: (901)372-3900
Website:

Best Home & Auto Insurance Agencies in 38134

Shelter Insurance

Address: 3205 Kirby Whitten Rd, #103A Bartlett, TN 38134
Phone:
Website: http://www.shelterinsurance.com/CA/agent/ERICDSTONE
Info:

Murphy Charles M Agency

Address: 6563 Stage Oaks Dr Memphis, TN 38134
Phone:
Website:
Info:

Petrey Jr- Charles B - State Farm Insurance Agent

Address: 6565 Stage Rd, #4 Bartlett, TN 38134
Phone:
Website:
Info:

Kaiser Insurance Agency

Address: 2868 Summer Oaks Dr, #105 Memphis, TN 38134
Phone:
Website:
Info:

Edrington Jr- William B

Address: 6600 Stage Rd, #142 Bartlett, TN 38134
Phone:
Website:
Info:

Housing Demographics for 38134

Population Review for 38134 Zip Code

For the city of Memphis, the population within 38134 has increased to over 39,780 residents in population size. The current population total is 41,760. We have broken down the population based on race below. In 38134, there are over 21148 in male population and 20612 females.

PopulationValues
Total Population41,760
White Population17691
Black Population18237
Hispanic Population4075
Asian Population821
Hawaiian Population14
Indian Population150
Other Population2349
Male Population21148
Female Population20612
Population Estimate39780

Household Data for 38134

The average number of homes in 38134 is around 15,252, there are an average of 2.49 per household. The average house value according to local real estate values is around $139,900. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode15,252
Persons Per Household2.49
Average House Value$139,900
Income Per Household$52588
Median Age35.1
Median Age Male33.8
Median Age Female36.7
38134 DetailsValues
StateTN
State Full NameTennessee
City TypeP
City Alias Abbreviation
Area Code901
CityMemphis
City Alias NameMEMPHIS
CountyShelby
County FIPS157
State FIPS47
Time Zone6
Day Light SavingY
MSA4920
PMSA
CSA368
CBSA32820
CBSA_DIV
CBSA_TypeMetro
CBSA_NameMemphis, TN-MS-AR
MSA_NameMemphis, TN-AR-MS MSA
PMSA_Name
RegionSouth
DivisionEast South Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses1276
Number Of Employees22818
Business First Quarter Payroll246146
Business Annual Payroll1057829
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population1316100
CBSA Division Population0
Congressional District08|09
Congressional LandArea6850.53|483.39
Delivery Residential15976
Delivery Business1894
Delivery Total18211
Preferred Last Line KeyX25498
Classification Code
Multi-County
CSA NameMemphis-Clarksdale-Forrest City, TN-MS-AR
CBSA_DIV_Name
City State KeyX25498
Land Area18.576000
Water Area0.006000
City Alias Code
City Mixed CaseMemphis
City Alias Mixed CaseMemphis
Box Count0
SFDU10184
MFDU3923
State ANSI47
County ANSI157
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number475664
Unique ZIP Name
SSA State County Code44780
Medicare CBSA Code32820
Medicare CBSA NameMemphis, TN-MS-AR
Medicare CBSA TypeMetro
Market Rating Area ID6
County Mixed CaseShelby

Tennessee Homeowners Insurance News & Information

  • Can $600 Million Help Lower Florida Homeowners Insurance Rates? Posted on Friday 14th February, 2025

    Family relax on the couch. Happy beautiful young parents are smiling, hugging and playing with them kids at home together Governor DeSantis recently asked the legislature for over $600 million to help lower homeowners insurance in his 2025-26 budget request. The budget proposal asks for $590 million to go towards the My Safe Florida Home […]

  • North Carolina Homeowners’ Insurance Premiums May See a 15% Increase Posted on Thursday 23rd January, 2025

    The base rate for North Carolina homeowners insurance will be headed up by an average of 15% by the middle of 2026. The rate increases are part of a settlement that was reached with the insurance industry by the North Carolina Insurance Department. The state Insurance Commissioner Mike Causey recently announced the rate increase agreement […]

  • 2025 Florida Home Insurance Rates Could Increase Posted on Tuesday 14th January, 2025

    While many state legislators, industry leaders and insurance regulators have been claiming that the insurance market in Florida has stabilized, it looks like premiums may be headed up again in the near future.  According to an analysis by the South Florida Sun Sentinel, the average statewide premium, being paid for an all-perils single-family home policy […]