How much is Homeowners Insurance in Nashville for 2022

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The average cost of homeowners insurance in Nashville is $2,623 per year (for the coverage level of $300,000 for dwelling, $100,000 for liability protection and $1000 deductible), based on Insure.com’s rate data analysis. It’s $206 more than the national average of $2,282.

However, homeowners insurance rates can vary drastically from one home to another. Home insurance rates in Nashville depend on a number of factors, including:

Size of your home
Age of your home
Amount of coverage you need
Location
Your credit score

To make sure you are getting the best deal on home insurance, it is important to get quotes from multiple insurers to find the right coverage for your needs. Read this guide to know how much homeowners insurance cost per month in Nashville, home insurance cost for different dwelling coverage, also know which companies offer cheap home insurance in Nashville.

In this guide, we will explain everything from what coverage options are available to which companies have the cheapest rates for homeowners insurance in Nashville.

How much is homeowners insurance in Nashville per month

Nashville homeowners pay an average of $219 a month, based on our rate analysis. It’s $5 less than the state average of $224 and $18 more than the national average for home insurance across the United States. The price of your homeowners insurance policy in Nashville may vary depending on where you live, the value of your home, and the coverage you choose.

How much is homeowners insurance for a $200,000 house in Nashville

The average cost of homeowners insurance in Nashville, NC is $1,707 annually for the dwelling coverage of $200,000 and the liability protection of $100,000. The amount you pay for home insurance each year depends on many different things. The types of natural disasters or events that take place in your area affect how much you pay for coverage in your city.

Some areas are more at risk for natural disasters, like flood, hurricanes, or tornadoes. This means that if something happens, the cost of rebuilding would be higher in those areas, thereby leading to higher insurance premiums. Your insurance policy might not cover damage caused by floods or hurricanes. So, if you live in a flood-prone area, consider buying flood insurance coverage.

How much is homeowners insurance for a $300,000 house in Nashville

According to a rate analysis by Insure.com, homeowners in Nashville pay an average of $2,623 per year for a $300,000 house. These rates are for the coverage limits of $100,000 for liability protection and $1000 deductible.

If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $916 more a year for home insurance. It would be best to buy enough insurance to cover the full cost of rebuilding your home.

However, the amount of dwelling coverage you need may vary depending on the size of your home, the features in your home, and the cost of living in your area.

How much is homeowners insurance in Nashville by Company

Among the carriers analyzed, State Farm is the cheapest homeowners insurance company in Nashville. Its average annual rate for Nashville homeowners is $865. North Carolina Farm Bureau ranks second and USAA (Note: USAA offers home insurance only to members of the military, veterans and their immediate families.) makes it to the third spot with an average annual home insurance rate of $2,602.

Before choosing a homeowners insurance policy, it is important to do some research on the company. Our experts have analyzed all the insurance companies across Nashville and prepared a list of the top ten cheapest home insurance providers. You can find below the Nashville home insurance companies and their average annual premium.

Home Insurance Company	Annual rate
Nationwide	$3,480
Erie Insurance	$3,327
United Insurance Holdings	$3,006
USAA	$2,602
North Carolina Farm Bureau	$1,662
State Farm	$865

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for home insurance rates in Birmingham, Alabama, for $300,000 dwelling coverage and $100,000 liability coverage with a $1000 deductible for around 35,000 ZIP codes. The data presented are those with a good credit tier alignment.