Tennessee homeowners insurance calculator

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Homeowners insurance in Tennessee costs an average of $2,958 per year, though your actual premium will vary based on your home’s location, replacement cost, coverage limits, and deductible.

If you want an estimate to get a general idea about how much it costs to insure your property – our Tennessee homeowners insurance calculator shows how dwelling coverage, liability limits and deductible choices affect your premium, with rate comparisons across insurers and against the state average.

Whether you’re buying a home, reviewing your policy or shopping for a better rate, the calculator gives you a clearer picture of what to expect before you start getting quotes.

How can I lower my homeowners insurance premium in Tennessee?

Compare quotes from several insurers before committing – rates for identical coverage can vary more than you might expect.
Consider raising your deductible – accepting a higher out-of-pocket cost in a claim usually brings your annual premium down.
Bundle your home and auto policies with the same insurer to take advantage of multi-policy discounts.
Add safety features to your home, such as smoke detectors, deadbolt locks, or a security system – these can qualify you for additional savings.

How to use the Tennessee home insurance calculator

Our home insurance calculator is designed to produce a quick cost estimate for homeowners in Tennessee. Just enter a handful of details, and you’ll have a working figure to reference. Here’s what to input:

Select your state. Pick Tennessee to surface rates relevant to your location.
Enter your dwelling coverage amount. Base this on what it would realistically cost to rebuild your home from the ground up.
Choose your liability limit. This is the protection that covers you if a visitor is injured on your property or you cause damage to someone else’s belongings.
Set your deductible. This is the portion of any claim you’d cover yourself before your policy takes over.

After entering your information, the calculator will show you:

The average annual homeowners insurance rate in Tennessee
The highest and lowest rates in our dataset
A breakdown of insurers in Tennessee and their typical annual premiums

It’s a straightforward way to get a sense of your likely costs and identify which insurers are worth pursuing for a formal quote.

Tennessee home insurance calculator

See how the average annual home insurance rates vary with the options chosen.

State

Tennessee

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Dwelling coverage

Liability coverage

Deductible

Standard ($2500)

Standard ($2500)Standard ($1000)

Average annual home insurance rates in
Tennessee

$2,687 Average rate

Average rate

$2,687/Yr

Lowest rate

$1,770/Yr

Highest rate

$3,541/Yr

Rates by carriers in Tennessee

Company	Average annual rate
USAA	$1,770
Farm Bureau Insurance of Tennessee	$2,139
State Farm	$2,235
Auto-Owners	$2,694
Travelers	$3,128
Erie Insurance	$3,305
Farmers	$3,541

Methodology

Insure.com commissioned Quadrant Information Systems to analyse home insurance rates from major insurers in the U.S. The analysis includes over 37 million quotes from 134 companies across more than 34,000 ZIP codes, using standardized coverage levels to calculate national averages. The homeowner profile is a 35-year-old married applicant with excellent insurance score; new business HO3 policy for house built in 2000 with frame construction and composition roof. Other Structures: 10%. Loss of Use defaulted: 10%. Guest Medical limit: $5,000. Deductible limit: $1,000. Personal property: 50% of dwelling coverage for replacement value

Key Takeaways

Homeowners insurance in Tennessee averages $2,958 per year, which is more expensive than the national average of $2,543.
Your premium will be shaped by your home’s location, age, size, rebuilding cost, and the coverage levels you select.
Standard home insurance policies don’t include flood, earthquake, or other climate-related disaster coverage – if you’re in a high-risk area, separate coverage is worth looking into.
Premiums differ considerably between insurers, so comparing quotes is one of the most reliable ways to reduce what you pay.

What affects your homeowners insurance premium?

Several variables influence what you’ll pay, including your home’s location, age and construction type, your claims history, and the coverage options you choose.

Dwelling coverage. The estimated cost to rebuild your home, accounting for its size, materials, and local construction rates.
Liability coverage. Covers you financially if someone is hurt on your property or you cause accidental damage to another person’s property.
Deductible. What you contribute before your insurance pays out. A higher deductible lowers your premium, but increases your upfront costs when a claim arises.

Check your credit score

In some states, insurers use a credit-based insurance score as one of their pricing factors – and it can have a meaningful effect on your premium. Depending on where you live, keeping your credit in good shape by paying bills on time and managing debt levels can work in your favor when it comes to renewal time.

How does dwelling coverage affect homeowners insurance in Tennessee?

Dwelling coverage helps pay to repair or rebuild your home. The amount you choose will directly affect your insurance premium – higher coverage generally means higher premiums. Still, it’s important to select enough coverage to avoid paying high out-of-pocket costs if something happens to your home.

The table below shows the average annual and monthly premiums based on different dwelling coverage amounts.

Dwelling coverage	Average annual rate	Average monthly rate
$200,000	$2,209	$184
$300,000	$2,958	$247
$400,000	$3,700	$308
$600,000	$5,174	$431
$1,000,000	$7,634	$636

Average cost of homeowners insurance in Tennessee

The average cost of homeowners insurance in Tennessee is $2,958 per year – more expensive than the national average of $2,543.

That estimate is based on a standard policy with:

$300,000 in dwelling coverage
$300,000 in liability protection
$1,000 deductible

But remember – how much you actually pay could be higher or lower. Things like where your home is located, its age and size, and how much it would cost to rebuild all play a big role in what you’ll actually pay.

Average cost of home insurance in major Tennessee cities

Homeowners insurance isn’t priced the same across Tennessee. Rates in Johnson City are among the most affordable in the state, while homeowners in Memphis face significantly higher premiums.

The table below outlines average annual rates across major cities in Tennessee.

City	Average annual rate	Average monthly rate
Chattanooga	$2,669	$222
Clarksville	$2,652	$221
Franklin	$2,545	$212
Hendersonville	$2,573	$214
Jackson	$3,155	$263
Johnson City	$2,203	$184
Knoxville	$2,438	$203
Memphis	$3,768	$314
Murfreesboro	$2,835	$236
Nashville	$2,721	$227

Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.

Home insurance rates in Tennessee by city

See rates in your city

How do natural disasters affect homeowners insurance rates in Tennessee?

The natural hazard risk associated with your home’s location is a key factor in how insurers price your policy. Homes in areas with frequent flooding, wildfire activity, hurricanes, or tornadoes are considered higher risk and typically come with higher premiums as a result.

What’s equally important to understand is that standard home insurance policies don’t cover these events. Depending on where you live in Tennessee, you may need to purchase separate policies or endorsements for:

Flooding
Wildfires
Hurricanes
Tornadoes

The added cost of this coverage is real, but so is the financial exposure of going without it after a serious disaster.

What our expert says

Q: What additional coverage should homeowners buy?

Amy BachExecutive Director of United Policyholders

“For those who live near any body of water or at the base of a hill, get a quote for flood insurance.”

Frequently asked questions

What is the average cost of homeowners insurance in Tennessee?

Homeowners in Tennessee pay an average of $2,958 per year. Your actual rate will depend on your home’s location, age, construction, replacement cost, and the coverage limits and deductible you choose.

How much homeowners insurance coverage do I need in Tennessee?

Your dwelling coverage should be enough to fully rebuild your home after a total loss. For liability, choose a limit that covers your assets in case you’re held responsible for someone’s injuries or property damage. If you own valuable property or have significant savings, higher limits and endorsements are worth considering.

Does increasing my deductible lower homeowners insurance costs?

Yes – a higher deductible means a lower premium, since you’re taking on more of the upfront cost before coverage kicks in. Just make sure the deductible you choose is an amount you can realistically afford to pay if you need to file a claim.

Methodology

Insure.com commissioned homeowners insurance rates from Quadrant Data Services in late 2025, covering policies with dwelling coverage ranging from $200,000 to $1 million and liability coverage of $100,000 and $300,000. Sample rates were based on a $1,000 deductible and a 2% hurricane deductible where applicable.

Calculate home insurance premium in other states

$1,397/Year

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Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.