Average Home Insurance Cost in Tennessee (2026)

Tennessee homeowners pay $254 monthly or $3,045 annually for home insurance on average — $35 less per month than the national average of $289. Despite these below-average costs, Tennessee still ranks as the 17th most expensive state for home insurance coverage, reflecting the state's exposure to severe weather risks including tornadoes, severe storms and occasional flooding that drive claims and premium costs higher than other states.

*These rates are for a frame construction home built in 2000 with $250,000 dwelling, $125,000 personal property, $200,000 liability coverage and a $1,000 deductible.

Home insurance costs in Tennessee vary widely across cities based on local conditions. Housing prices, home age, and storm exposure all influence what homeowners pay. Cities with older properties or frequent weather-related damage usually see higher premiums compared to lower-risk areas.

Tennessee homeowners pay between $1,790 and $9,385 annually for home insurance depending on their coverage choices. Higher limits or lower deductibles increase costs, while choosing less coverage or higher deductibles reduces premiums.

Home insurance prices in Tennessee vary widely by insurer. Travelers averages $6,270 per year, more than triple USAA's $2,041 annual cost. Comparing quotes across companies can save you hundreds or even thousands while maintaining the same coverage level.

Insurance rates in Tennessee change based on home age. A home built in 2020 averages $1,758 per year, compared with $3,203 for a home built in 1980. Newer homes usually cost less to insure because of updated materials and building standards.

Credit history affects home insurance rates in Tennessee. Insurers charge less to homeowners with better credit. Annual premiums range from $1,411 to $7,905 depending on your credit standing.

Tennessee homeowners pay higher insurance costs because severe weather hits frequently and construction expenses continue rising. The state averaged about 31 tornadoes per year between 1995 and 2024. It sits in "Dixie Alley," where more than half of all tornadoes happen at night, making them especially dangerous.

Building costs jumped to an average of $180 to $350 per square foot in 2024. When storms damage homes, insurers cover these higher repair and rebuilding expenses, driving premiums up to maintain profitability.

Tennessee home insurance costs keep climbing, but you can find affordable coverage with the right approach. These strategies help new buyers and current homeowners lower their premiums.

Homeowners insurance costs in Tennessee depend on many factors specific to your home and location. The following questions address common concerns about pricing and help you understand what affects your premiums.

MoneyGeek calculated Tennessee home insurance estimates using rate data from Quadrant Information Services and a consistent baseline profile: $250,000 dwelling coverage, $125,000 personal property coverage, $200,000 liability coverage, and a $1,000 deductible. The home profile includes a house built in 2000 with frame construction, composition roof and no insurance claims filed in the past five years.

This profile matches typical Tennessee homeowners across the state. The $250,000 dwelling amount aligns with median home values in most Tennessee markets. Homes built in 2000 represent the most common age range for properties statewide.

What you pay for home insurance coverage will vary depending on your home's construction, roof type, age, location, coverage amounts, claims history, credit score and which company you choose. These rate comparisons show you which factors create the biggest differences when you shop for Tennessee home insurance.