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Tennessee Homeowners Insurance Quotes
Tennessee is ranked in the middle in terms of home insurance cost compare to other states, it's average average rank is 24. Shopping for Tennessee homeowners insurance is easier when you live in a state that is protected from major wind or floods because the risk is lower and of course the premiums become cheaper. This is why getting free home insurance quotes from GetHomeInsuranceQuotes.com is so easy! You can simply enter your zip code above and compare carriers, coverages and prices.
Although Tennesse is not on the coast and is protected from North Carolina to the east and South Carolina, Georgia, and Alabama from the south the state of Tennessee is know for it's large volume of rain fall and thunderstorms. Some of the major loss types are derived from thunderstoms which can cause flooding and lightning. It's important to always make sure your home is not in a flood zone, so speak with your home insurance agent about the location of your home and the best coverage options available for your most valuable investment.
Average Homeowners Insurance Premiums in Tennessee
With over 95% of all Americans are known to have homeowners insurance coverage, it's important to know what Tennessee homeowners are paying on average. Did you know that the average homeowners insurance premium in Tennessee is $1296? Tennessee is now ranked 21 in the country. The country wide average for homeowners in the United States is $1,311. This means the average home insurance premium in Tennessee is 1.14% less than the national average.
Year | Average Annual Premium | Average Monthly Premium | State Rank (Overall) |
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2020 | $1296 (2.9%) | $ 108 | 21 |
2019 | $1259 (2.2%) | $ 105 | 21 |
2018 | $1232 (2.97%) | $ 103 | 23 |
2017 | $1196 (0.92%) | $ 100 | 22 |
2016 | $1185 (3.08%) | $ 99 | 21 |
When we combine the state averages over the last decade, the Tennessee overall average is estimated to be around $1,107.27. Our homeowners insurance quoting and rating process helps you compare homeowners insurance quotes, coverages and premiums. Tennessee current state rank compare to the rest of the country is #21. Consider shopping your Tennessee home insurance with us so we can help you save up to 40% or more on your policy.
Find Local TN Homeowners Insurance Quotes & Coverage
For more information on homeowners insurance in your area, choose a county below:
- Anderson
- Bedford
- Benton
- Bledsoe
- Blount
- Bradley
- Campbell
- Cannon
- Carroll
- Carter
- Cheatham
- Chester
- Claiborne
- Clay
- Cocke
- Coffee
- Crockett
- Cumberland
- Davidson
- Decatur
- Dekalb
- Dickson
- Dyer
- Fayette
- Fentress
- Franklin
- Gibson
- Giles
- Grainger
- Greene
- Grundy
- Hamblen
- Hamilton
- Hancock
- Hardeman
- Hardin
- Hawkins
- Haywood
- Henderson
- Henry
- Hickman
- Houston
- Humphreys
- Jackson
- Jefferson
- Johnson
- Knox
- Lake
- Lauderdale
- Lawrence
- Lewis
- Lincoln
- Loudon
- Macon
- Madison
- Marion
- Marshall
- Maury
- Mcminn
- Mcnairy
- Meigs
- Monroe
- Montgomery
- Moore
- Morgan
- Obion
- Overton
- Perry
- Pickett
- Polk
- Putnam
- Rhea
- Roane
- Robertson
- Rutherford
- Scott
- Sequatchie
- Sevier
- Shelby
- Smith
- Stewart
- Sullivan
- Sumner
- Tipton
- Trousdale
- Unicoi
- Union
- Van Buren
- Warren
- Washington
- Wayne
- Weakley
- White
- Williamson
- Wilson
Tennessee Homeowners Insurance News & Information
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2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024
According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges. Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]
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What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024
A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly. The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]
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$4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024
According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]
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I can’t afford my home insurance, what do I do? Posted on Saturday 9th November, 2024
According to data from the National Association of Realtors (NAR), the average U.S. insurance rate is $2,377 a year. The data also suggest that homeowners could see a 6% rise in rates by the end of the year which is in addition to the 20% increase over the two previous years. As climate change pushes […]
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How to Get the Best Homeowners Insurance Policy for Your Needs Posted on Wednesday 6th November, 2024
Having the proper insurance coverages in place is a critical part of owning a home, it protects your investment and finances in the event your home is destroyed by an unexpected disaster such as a fire, flood or severe storm. Understanding the different coverages that are available to homeowners is key to making sure you […]
Tennessee Housing & Real Estate Data
Details: | Staticstics |
---|---|
Total Housing Units | 2812133 |
Occupied Housing Units | 2493552 |
Vacant Housing Units | 318581 |
Vacant Housing Units for Rent | 98370 |
Vacant Housing Units Rented Not Occupied | 3980 |
Vacant Housing Units For Sale | 47274 |
Vacant Housing Units Sold Not Occupied | 10518 |
Vacant Housing Units For Seasonal Occasional Use | 60778 |
Vacant Housing Units All Other Vacants | 97661 |
Housing Units Homeowner Vacancy Rate Percent | 2.7 |
Housing Units Rental Vacancy Rate Percent | 11 |
Housing Tenure Occupied Units | 2493552 |
Housing Tenure Occupied Units Owner Occupied | 1700592 |
Housing Tenure Occupied Units Owner Occupied Population | 4304472 |
Housing Tenure Occupied Units Owner Occupied Averge Household Size | 2.53 |
Housing Tenure Occupied Units Renter Occupied | 792960 |
Housing Tenure Occupied Units Renter Occupied Population | 1888161 |
Housing Tenure Occupied Units Renter Occupied Average Household Size | 2.38 |
Understanding Tennessee Homeowners Insurance
When shopping for Tennessee homeowners insurance quotes you should be aware of the various types of insurance policies that are available in your area:
- HO-3: This is the most common type of homeowers policy. This policy type protects your home against all perils, except ones that are specifically excluded. In most cases earthquake and flood damage are excluded.
- H0-6: This policy type is specifically written for condos or co-ops. If you own a condo or live in a co-op building this type of policy is a necessity. A HO-6 policy covers both your personal belongings and the structural parts of the building that you own. There are 16 disasters listed on a typical policy that HO-6 protects against.
- HO-4: If you are looking for Tennessee renters insurance, a HO-4 policy is a great option. Renters insurance will cover your contents as well as offer liability coverage in the event a person is injured in your apartment.
While other types of policies exist, these are the most common ones. A HO-2 is a more basic policy that offers reduced coverage levels and a HO-5 is a high-end policy that offers increased protection.
If you are shopping for a new home in Tennessee, homeowners insurance is a must do. We can help you find the perfect policy for your new home, regardless of whether you need a standard HO-3 policy, HO-6 or renters insurance, our site makes shopping for homeowners insurance quotes easy. Visit our online quoting application today and let us help you shop and compare up to 12 different Tennessee rates and coverage options.