Get multiple home insurance quotes in 38138. Our licensed 38138, TN agents are ready to serve you.

Compare 38138 Home Insurance Rates

Are you looking to easily compare home insurance prices online for your home in the 38138 area? The average homeowners premium in Tennessee for a standard homeowners policy is around $898/yr., paid annually through your mortgage provider if your home is not currently paid in full. A standard policy for your home is referred to as an HO-3 policy which is the most common homeowners policy. This type of policy covers all perils, but will exclude certain major perils like flood and earthquake damage. The exceptions are listed on your current policy so it is important to know what type of coverage you currently have so you can compare the best home insurance rates, companies and policy protection. In the 38138 zip code, the population size is around 25,837 with 10,300 currently occupied homeowners. Our online quoting process helps make it easy for you to shop and compare the best home insurance rates for your home in 38138.

Please give us a call now at 1-855-976-2656, and easily get up to 12 rates over the phone in minutes. Easily shop the best rates for Germantown, TN Homeowners Insurance. Compare companies, quotes, coverages and more.

Avg. TN RateDiscountsSavingsShop Rates
$1,296up to 40% off$518

38138 Home Insurance Average Premiums

Local 38138 homeowners insurance quotes comparison

$648 /yr.

Shows Zip Code: 38138 lowest rates with discounts applied on average.

For the 38138, 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)
$648 /yr.
Average Coverage:$898 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1198 /yr.

What is the average home insurance cost for a home in 38138?

  • • The average homeowners insurance premium paid annually for a home in 38138 is around $898 per year.

What does it cost on average per month for home insurance in 38138?

  • • Homeowners in 38138 pay a monthly average cost per month around $75.00.

What kind of discount could I get if I combine my home and auto insurance together in 38138?

  • • Autoowners in 38138 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 Germantown area, check out other zip codes nearby 38138.
Review average rates in another zip code:
38139 homeowners insurance rates
38138 homeowners insurance rates

Home Replacement Cost Coverage in 38138

Average Building Cost Per Square Foot in 38138: $135

Location: Germantown, Tennessee (Shelby County)

Average Square Footage in 38138: 2,396 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 38138 before you start any project. Germantown 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 38138 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 38138 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,396 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 Germantown 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$1352,396$323,400
Additional Upgrades & Added Features$1692,396$404,250
Major Home Updates or Advancements$2032,396$485,100

It's important to understand that when you estimate your replacement cost of your home in the 38138 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 38138

Nationwide Insurance & Financial Services

Address: 2024 Exeter Road Germantown, TN 38138
Phone: (901)363-2596
Website: www.nationwide.com

Nationwide Insurance CO - Agents- Bentley Kevin

Address: 2219 South Germantown Road Germantown, TN 38138
Phone: (901)755-7002
Website: www.nationwide.com

Best Home & Auto Insurance Agencies in 38138

Plunk Cliff Farmers Insurance Group

Address: 2176 West St Germantown, TN 38138
Phone:
Website: http://www.farmers.com
Info: Auto Insurance Quotes | Home, Life & Car Insurance | Farmers Insurance
Home, life and auto insurance quotes from Farmers Insurance Group. With discounts on car insurance and fast claim service its no wonder over 4000 customers a day switch to Farmers. Farmers Insurance group, auto insurance quotes, car insurance, auto insurance, automobile insurance, rate quote, business insurance, financial insurance, home insurance, mutual funds, life insurance, motorcycle insurance, farmers agent, renters insurance,

Ford Jr- Joseph L - State Farm Insurance Agent

Address: 6655 Poplar Ave, #202 Germantown, TN 38138
Phone:
Website:
Info:

Giordano- Charles E - State Farm Insurance Agent

Address: 2028 Exeter Rd, #1 Germantown, TN 38138
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards

Martin- Warren E - State Farm Insurance Agent

Address: 2139 S Germantown Rd Germantown, TN 38138
Phone:
Website:
Info:

Ballard- Thomas E

Address: 2171 Judicial Dr Germantown, TN 38138
Phone:
Website:
Info:

Housing Demographics for 38138

Population Review for 38138 Zip Code

For the city of Germantown, the population within 38138 has increased to over 27,355 residents in population size. The current population total is 25,837. We have broken down the population based on race below. In 38138, there are over 12393 in male population and 13444 females.

PopulationValues
Total Population25,837
White Population21412
Black Population1329
Hispanic Population822
Asian Population1486
Hawaiian Population7
Indian Population48
Other Population246
Male Population12393
Female Population13444
Population Estimate27355

Household Data for 38138

The average number of homes in 38138 is around 10,300, there are an average of 2.49 per household. The average house value according to local real estate values is around $323,400. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode10,300
Persons Per Household2.49
Average House Value$323,400
Income Per Household$115400
Median Age44.7
Median Age Male42.7
Median Age Female46.5
38138 DetailsValues
StateTN
State Full NameTennessee
City TypeP
City Alias Abbreviation
Area Code901
CityGermantown
City Alias NameGERMANTOWN
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 Businesses1005
Number Of Employees20031
Business First Quarter Payroll318977
Business Annual Payroll1348864
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 Residential10986
Delivery Business1064
Delivery Total11867
Preferred Last Line KeyX29760
Classification Code
Multi-County
CSA NameMemphis-Clarksdale-Forrest City, TN-MS-AR
CBSA_DIV_Name
City State KeyX29760
Land Area11.858000
Water Area0.000000
City Alias Code
City Mixed CaseGermantown
City Alias Mixed CaseGermantown
Box Count0
SFDU8623
MFDU1787
State ANSI47
County ANSI157
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number473495
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

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