Get Lavinia, TN Home Insurance Rates!

Are you looking for a new homeowners policy in Lavinia, TN? While shopping for homeowners insurance is never fun, we can help make the process simple and easy. Our site lets you shop up to 12 competitive homeowners insurance rates all at once, so you can find a brand new policy without leaving the comfort of your own home.
The insurance companies we work with are top rated carriers who offer a wide variety of coverages and policy choices so you can be confident that your home is fully protected at a price you can afford.

We can help you shop a wide variety of insurers quickly and easily. Let us help you review and compare Lavinia home insurance rates today, enter your zip code above to start a free online quote or give us a call now.

A Few Facts about Lavinia, TN Home Insurance Rates

Home insurance cost around $1,296 per year on average in the Lavinia area which is slightly more than the national average of $1,311 .

While homeowner rates are fairly affordable in the Lavinia area, everyone loves to save a bit of money. Our site can compare rates and coverage options from a wide variety of insurance companies and in many cases, we can help you SAVE up to 40% or more on your current premium, while also making sure your home is fully protected.

We only work with national insurance companies that offer the highest quality polices at reasonable prices. When you use our site to shop for a new policy, you can see all the enhanced coverage features, deductible options plus home insurance discounts to make sure you are fully covered at a reasonable price.

Home Values in Lavinia and Coverage Options

With the home prices in Lavinia going up, what are my home insurance coverage options? This is a popular question we are hearing from our customers and we are so glad we can help them. Although, insurance coverage in Lavinia is not always about price, it is important to always consider the right coverage for your home. If your home has greatly increased in value, make sure you have the correct replacement cost to coverage your home. Here is some more information about home replacement cost estimates and values.

Another great thing about living in Lavinia is that houses are very affordable with the median price for a home running about $89,100. When shopping for homeowners insurance there are a number of different types of policies you can choose from to protect your home. Here is a quick rundown of the different types of insurance policies:

Dwelling Fire: This is a very basic, no frills homeowners policy. It offers extremely limited protection, only covering damage done by fire and smoke. You may be able to add wind, explosion, and vandalism damage to the list of covered perils.

This is usually the cheapest homeowners policy you can purchase because it offers such limited coverage. Dwelling Fire coverage is only a good idea if you have a home that is sitting empty.

HO-2: This policy is also called a named perils policy. In the policy wording it names all of the perils that are covered by the policy. If your home is damaged or destroyed by a peril not on that list, it is not covered.

While the perils named in these policies make up almost 90 percent of all homeowner insurance claims, there are perils that are not covered which leaves the chance that you could experience damage that is not covered, leaving you on the hook for those costs.

HO-3: This is considered the standard when it comes to homeowners insurance and is the most common type of homeowners policy in the market. These policies are typically referred to as “all risk” or “named exclusions” as they cover all perils except those that are specifically excluded in the policy wording. These are the most common policies that we sell and they offer robust coverage at an affordable price.

While the wording can vary between policies, most HO-3 policies list the following exclusions:

Ordinance of Law
Earth movement
Governmental Action
Nuclear Hazard
Power failure
War / military action
Water (Flood)
Inherent defects
Vermin

HO-4: These policies are designed specifically for renters. They are more commonly called renters insurance. These policies protect the possessions in your apartment or other rental as well as offering liability protection. An HO-4 can be used regardless of whether you are renting an apartment, condo, home or townhome. These policies are named perils policy. It covers the same 16 perils as the HO-2. Renters insurance is very affordable and is a must have coverage if you rent.

HO-5: These policies expand the coverage offered by a HO-3 policy and are typically written on more upscale, newer homes. These policies may not be available on older homes.

An HO-5 policy offers higher coverage limits for both the home and your possessions which makes them a great option for higher value homes. If you live in a home that qualifies for a HO-5 policy, they offer some of the best protection available.

Compare Homeowners Insurance Rates in Lavinia, TN!

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Average Rates Nearby Lavinia

Are you looking for homeowners insurance in a city near Lavinia? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!

Home Insurance Rates by Zipcode in Lavinia, TN

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Lavinia.

38348,

Lavinia, TN Home Insurance Average Premiums

Local Lavinia, TN home insurance quotes comparison

$740 /yr.

Shows Lavinia's lowest average rates with discounts applied.

For the city of Lavinia, 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)	$740 /yr.
Average Coverage:	$990 /yr.
2600 sq. ft. or higher (all discounts applied)	$1290 /yr.

What is the average home insurance cost for a home in Lavinia, TN?

• The average homeowners insurance premium paid annually for a home in Lavinia is around $990 per year.

What does it cost on average per month for home insurance in Lavinia, TN?

• Homeowners in Lavinia pay an average cost per month around $83.00 for insurance coverage.

Lavinia, TN - 2023 Housing Information

Month	Current Home Value (2023)	Last Year Home Value (2022)
January	$123,687	$0
February	$127,296	$118,066
March	$131,814	$116,907
April	$133,802	$116,487

Homeowners insurance will help cover the cost to repair or replace your Lavinia home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Lavinia
Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.

Get up to 12 competitive Lavinia, TN homeowners insurance rates all in one place!

Saving Money Tips on Lavinia Home Insurance

A great way to save money on Lavinia homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.

Are you shopping for the best rate near or wihin the Lavinia area? Check out what homeowners are paying on average for Tennessee homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation	Details	Homeowners Tips
443 ft.	This is the average home elevation in Lavinia, TN	Did you know that the elevation in which your home resides is crucial to a home insurance policy because it determines the risk factor related to your home being in a flood zone. It is important to understand that your home is not covered for floods under a standard homeowners policy. You will need to speak with a local Tennessee flood insurance agent about a flood insurance policy, please give us a call now at 888-620-1954.

To get online quotes on your home and compare rates on home insurance premiums in Lavinia, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Carroll County.

Tennessee Homeowners Insurance News & Information

$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 […]
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 […]
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 […]
Homeowners Shopping Rates Due to Rise in Premiums Posted on Monday 23rd September, 2024
According to the recently released J.D. Power 2024 U.S. Home Insurance Study a nationwide rise in premiums has driven many customers to shop for new policies as their rates are now too high. “’The average shopping rate among home insurance customers has climbed to a record high of 6.8% through the second quarter of 2024, […]
Where is it cheaper to rent than to buy a home in the United States? Posted on Thursday 5th September, 2024
According to a new study from Clever Real Estate, a St. Louis-based real estate company, monthly rent costs are actually cheaper than a monthly mortgage payment in 48 of the 50 most populous cities in the United States. Their analysis looked at mortgage principals, interest, taxes as well as homeowners insurance and they found that […]

Lavinia, TN Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Lavinia so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Lavinia, TN?

- The average square footage in Lavinia is around 660 Sq. Ft. which would cost you around $89,100 to replace the home if you base the home on the price to build per square foot of $135.

Minimum Replacement Cost Total: $89,100

Location: Lavinia, Tennessee (Carroll County)

Average Building Cost Per Square Foot in Lavinia: $135 (low end)

Average Square Footage in Lavinia: 660 Sq. Ft.

Home Improvement Status	Price per Sq. Ft.	Dwelling Coverage
None or Very Minor Improvements	$135	$89,100
Some Additional Upgrades	$169	$111,375
Major Home Updates or Advancements	$203	$133,650

Calculate Your Lavinia, TN Dwelling Coverage

The dwelling coverage is calculated by the average cost per square foot ($135) in Lavinia, Tennessee times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $421,875 (Media price to build of $169 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.