Top Tennessee Homeowners Insurance Quotes

Who doesn’t love Tennessee? Whether you’re a volunteer or a woodchuck, Tennessee’s beautiful mountain landscapes, incredible schools, and places to live and work make it worthwhile, from Nashville to Chattanooga to Memphis.

And as a homeowner in Tennessee, one of the primary things you need in order to protect yourself and your family is home insurance. But what are the conditions? What coverage you will get? And which homeowners insurance companies in Tennessee to trust? We’ll tell you all about it in this guide!

At Insurance Geek, we provide Tennessee homeowners insurance quotes with as little hassle for the customer as possible – for any ZIP code in Tennessee. You only need to fill out our quote form once, and then we’ll get back to you right away!

But first, let’s delve deeper into all the information you need to know and the things that may impact what kind of policy is for you.

Tennessee Home Insurance: The Basics

The population of 6.77 million people enjoys the Volunteer State of Tennessee – from the tremendous Great Smokey Mountains and spectacular scenery to the authentic music and food.

The piece of information that the homeownership rate in Tennessee is 66.2% speaks for itself about how many residents own their place in this enchanting state.

However, it’s also prone to some natural disasters (well, like every other state in the US), so having homeowners insurance in Tennessee is a must if you are a homeowner.

In the lingo of a home insurance company, a “peril” is anything that could pose a risk to your home.

These are the factors you can file claims for on the basis of your insurance policy. You will receive the payout that will cover your expenses that occurred due to a peril.

Take a look at the most common perils in Tennessee:

  • Wind and hail damage
  • Lightning
  • Vandalism
  • Tornado
  • Theft
  • Fire

This is not a comprehensive list, of course. There are much more perils that can occur in Tennessee and more coverage options on your home insurance policy. They are just the most common claims in our experience when it comes to Tennessee.

How are Premiums Determined in Tennesse?

There are so many factors that determine premiums.

From credit score to weather to crime rate to the materials your home is made from, insurance rates can vary from state averages based on your specific situation.

Without delving into too much detail, we are going to explain the most important factors that will affect the cost of a Tennessee home insurance policy.

  • #1 – Your credit score

Your financial history is recorded via the credit score, and a home insurance company may use it to determine your chances of getting a policy. That said, this is by no means a decisive factor, though it may impact the home insurance rate you’ll get. Those who have been consistent and paid out debts punctually will be in a better position.

  • #2 – The value of your home

Next, the building cost, age, and the current state of your home all affect homeowners insurance rates. This information helps insurance companies assess the potential vulnerability of your home when a potential risk kicks in.

  • #3 – Previous claims

If claims have been filed before, that’s a sign to your insurance company that the property is at risk, and it can drive the rate up. The reason is that an insurance claim (or claims) that have been filed frequently points to common hazards at the location.

  • #4 – The insurance company

Finally, the prices will vary from one insurance company to another.

Insurance Geek agents can help you choose the right home insurance companies that offer low home insurance rates. Also, if you use bundled policies (e.g., homeowners insurance coverage + added flood insurance + car insurance), you can save up a lot.

What is the Best Option for Home Insurance in Tennessee?

Before you get your policy, you should get acquainted with the information on the types of homeowners insurance policies there are.

Firstly, you should choose between an ALL PERIL policy (also known as “All Risks”) or a NAMED peril one.


ALL PERIL policies are pretty self-explanatory. They offer coverage for all perils except those ones that are specifically omitted.

So, ALL PERIL coverage portion of your policy can protect you from catastrophic weather causing major unrecoverable damage due.

You should also be aware of other parts of your policy that make life easier after a major loss. For instance, you may need to rent a hotel to stay in after a devastating loss. Your homeowners insurance can cover expenses like these as well.

A NAMED Policy

NAMED peril insurance policies have more limited coverage options and will protect you only against the named perils. These will be stated on your insurance plan.

If a peril isn’t mentioned, you aren’t covered against it.

Named policies are usually sold by homeowners insurance companies to cover a gap in the existing insurance.

What Kind of Policy Do You Need in Tennessee?

When all the information above is considered, an ALL PERIL insurance is preferred for homeowners in Tennessee. If you get this type of insurance, you’ll be protected against most of the hazards that can occur (e.g., wind damage, burglary, hail, theft, and so on).

In case you want to purchase NAMED insurance because you feel that you are missing something in your plan, our agents can help you assess it and determine what solution works the best for you. Then, we can contact a company that will offer you the most affordable rates.

What is the Cost of Tennessee Homeowners Insurance?

What is the Cost of Tennessee Homeowners Insurance?

Here a few general rules for the cost of policies in Tennessee:

Metro area residents may find they pay more for homeowners insurance based on crime rate, the materials a home is constructed from, credit rating, upkeep of any previous property, and more.

Because insurance companies don’t want to take risks when it comes to getting paid or shelling out cash, a low credit rating may indicate an inability to keep up on bills, which could theoretically indicate an individual may fall behind on premium or even mortgage payments.

It also stands to reason that newer homes will get customers lower rates. Better construction standards and materials develop over time, so any newer house is expected to have less wear and tear than an older house.

Other random things you might not expect tend to also affect the premium, such as the proximity of a home to a business. Businesses have a higher risk of break-ins or dangerous incidents happening on the property, and their proximity to your home may make a difference in premium.

Get Home Insurance Quotes Today

Does this information seem overwhelming? Do you feel like you could use a helping hand choosing the right insurance company and product?

We’ve got your back!

On this page, you’ll see a form to get home insurance quotes.

You only need to fill it out once, and it won’t take more than two minutes. We only ask for basic info such as your ZIP code and address.

Then, we’ll give you a call, talk through your situation with you and do everything we can to get you the best possible coverage with premiums you can afford.

Why Us?

The quotes you get with us are real-time (because we contact the insurance company directly), so you can rest assured that the price you see is what you’ll get.

Next, of course, it’s up to you to decide whether you want to purchase insurance – we won’t impose any commitments upon you. We also promise not to spam you with advertisements and junk mail. We ask you for your info just so that we can find the right offers!

Insurance products we can find are available in all states at the best home insurance rates.

Homeowners insurance companies we trust are Nationwide and Safeco. In our experience, they can provide the most affordable deals with high-quality protection.

Our customer service and Insurance Geek agents are also readily available to you for understanding what may apply to your existing home insurance policies. If you need any help with home insurance claims, we’re there for you, too.

Let’s chat about how we can best help you!

Do You Need Homeowners Insurance in Tennessee?

Any new or existing homeowner in Tennessee should make sure to have homeowners coverage.

In our experience, claims for Tennessee are characterized by above average frequency in the US, which means that you will greatly benefit if you protect your home accordingly.

Not having home insurance could cost you thousands of dollars when you least expect it.

There are a lot of home insurance companies in Tennessee, so how do you choose your insurance provider?

A Geek Insurance agent will help you discover the company and the offer that you need for your home insurance.

What Does Home Insurance Policy Coverage Include?

Your policy features more than one type of coverage, depending on the type that you get.

Most of the time, your home insurance coverage options will be the following:

Coverage A – Dwelling Coverage

Dwelling coverage accounts for any damage caused to the physical structure of your house. Say that hail or wind damage destroys your windows – your insurance will cover the repair.

Keep in mind that the dwelling coverage amount should be based on the replacement cost coverage (the average cost it would take to rebuild the house using similar materials), which does not always coincide with its market value.

To put it simply: you’ll be looking to repair or rebuild a part of your house at the time that the damage occurs, so how much you paid for it would be irrelevant.

You could maybe ask yourself: OK, but what about its current market value that is based on the present condition of the house? Again no; the replacement cost is something else. The market value also includes the price of the land and other factors that are not included within insurance.

Coverage B – Separate Structures

The dwelling portion of your insurance will not cover those structures that are physically detached from your home. These can be mailboxes, garages, fences, and sheds, to name a few.

Just because they are not precisely in your home, it does not mean that they aren’t vulnerable to the risks that can happen. So, it’s vital to include these and review your insurance when you upgrade your home.

Coverage C – Personal Property

Is there anything missing from the coverage options so far?

Yes, your personal property items! Personal property includes all of the stuff situated inside of your home that isn’t included in its construction per se. Some examples are clothes, furniture, appliances, and so on. They are equally vulnerable to any damage, so your homeowners insurance policy can help protect them, too.

In case you have some high-value items (antique jewelry, valuable art, etc.), you can add special kinds of policies that protect them.

For instance, Safeco offers “Valuable Articles Coverage” for that purpose, whereas Nationwide has a “Valuable Plus” deal.

Similarly, the former company offers an endorsement called “Equipment Breakdown Coverage” which includes electrical and mechanical breakdowns that can occur.

Coverage D – Loss of Use

Loss of use coverage is used to file a claim for living expenses when your home is uninhabitable for a certain period of time.

The reason for this, of course, should be damage because of peril that is included in your insurance.

To paint a picture of what precisely we mean by “living expenses,” here are some examples:

  • Transportation cost
  • Rental apartment
  • Excessive food and restaurant bills
  • Laundry expenses

To assess whether the claim is valid, your insurance provider will ask you to deliver the proof of your regular expenses (bills) and the higher bills that can accumulate in these situations.

Coverage E – Personal Liability Coverage

This type of coverage protects your family and you against accidents that may happen.

For instance, if you injure someone or unintentionally damage their personal belongings, you can file a claim under this coverage, and it will reimburse the costs. This comes in handy because accidents like this happen all the time, however unfortunate they may be.

Coverage F – Medical Payments

Medical payments coverage is similar to the former type, personal liability coverage, in the sense that it pays for injuries you or your family cause to someone.

However, this portion only refunds medical bills that occur as a result of that injury.

What Does a Homeowners Insurance Policy not Include?

Your average homeowners insurance in Tennessee may not contain some coverages that you want to have.

Car Insurance

For instance, car insurance is not included in your homeowners insurance. You might want to consider adding car insurance because your vehicle is equally exposed to risks as your property.

Flood Insurance

What’s more, flood insurance is not a part of your home insurance, either. You can add a flood policy as an endorsement if the insurance company offers it.

Both Safeco and Nationwide provide additional coverage for sewer and drain backups, and if you live in Tennessee, it will be valuable to have it.

Top Cities & Metro Suburbs in Tennessee for Homeowners

Our experience tells us that the top suburbs and cities in Tennessee our customers come from include:

  • Nashville
  • Memphis
  • Knoxville
  • Chattanooga
  • Gallatin
  • Hendersonville
  • Smyrna
  • Brentwood
  • Franklin
  • Farragut
  • Nolensville
  • Fairmount

Tennessee Home Insurance: FAQ

Q: Why is homeowners insurance so expensive in Tennessee?

A: In fact, the homeowners insurance rate in Tennesse is close to the national average of insurance products.

The average cost you will pay for homeowners insurance in Tennessee depends on multiple interrelated factors, such as the state of your home, the company you will choose, and your credit score.

Q: Who has the cheapest homeowners insurance?

A: Home insurance companies in Tennessee that offer the cheapest homeowners insurance are Safeco and Nationwide. Apart from their excellent customer service, they provide homeowners insurance rates that cater to every budget.

Homeowners Discount Types

We love bundling! Carriers want your business, so the more insurance you buy from a company, the greater the price break. For example, Tennessee homeowners can add car insurance to their home insurance and save up.

Talk to us about whether or not you’d like to consider adding coverage for things like life and health to your policy. If you find yourself in the market for other types of insurance, your savings could end up being significant.

Most of these are available in all states, so contact us if you are anywhere in the US, and we’ll help you find the deal.

Final Words

tennessee homeowners insurance - final words

Tennessee homeowners who are looking for home insurance are at the right place.

At Insurance Geek, we can secure the best homeowners insurance rates for you. Tell us your ZIP code, and we’ll generate the quotes for you hassle-free!