In Knoxville, Erie offers the best home insurance, balancing affordability, customer service and coverage choices. If you prioritise affordable home insurance, State Farm provides the lowest premium starting at $264 per month.
Cheap Home Insurance in Knoxville
Updated: October 30, 2025
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Key Takeaways
Erie is the best overall home insurance company in Knoxville, while State Farm is the cheapest at an average rate of $3,172 per year.
Home insurance in Knoxville costs an average of $628 per month or $7,537 per year for most homeowners.
To get the best and cheapest home insurance in Knoxville, determine your coverage needs beforehand, research costs and companies, and compare multiple quotes on an apples-to-apples basis.
Best Cheap Home Insurance Companies in Knoxville
| Erie | 92 | $396 | $4,750 |
| State Farm | 87 | $264 | $3,172 |
| Foremost Insurance | 80 | $282 | $3,387 |
| Allstate | 79 | $314 | $3,773 |
| Travelers | 75 | $759 | $9,111 |
*Rates are for a 2,500-square-foot home with $250,000 in dwelling coverage and a $1,000 deductible, built in 2000.
How Much Does Knoxville Home Insurance Cost?
Home insurance rates in Knoxville depend on factors like your home's age, chosen coverage, and personal profile. Costs range from $241 to $2,248 per month. Use the table below to explore rates tailored to your situation.
Data filtered by:
Newer Home
$100K Dwelling / $50K Personal Property / $100K Liability
| $100K Dwelling / $50K Personal Property / $100K Liability | $241 | $2,891 |
How to Get the Best Cheap Home Insurance in Knoxville
Finding affordable home insurance in Knoxville can be tough. We've put together a simple guide to help you discover the best cheap homeowners insurance tailored to your needs.
- 1Decide on Coverage Beforehand
Selecting your home insurance coverage needs ahead of time allows you to compare quotes easily and prevents agents from upselling you.
- 2Research Cost and Discounts
Examining average home insurance costs in Tennessee by city and profile provides a solid reference for assessing potential savings. Looking into the best homeowners insurance in Tennessee can also help you identify which providers consistently perform well statewide in terms of affordability, coverage and customer satisfaction.
- 3Compare Company Offerings and Reputations
Beyond pricing, consider companies' add-on coverages and reputation concerning claims handling, agent services and policy management. Use J.D. Power, the NAIC, Reddit and Trustpilot for reviews and service quality.
- 4Compare Many Quotes Through Multiple Means
Analyzing quotes apples-to-apples helps you pinpoint the least expensive option for the same coverage. As prices may differ by source, try online tools, independent agents and captive agents to find the best deal.
Best Home Insurance in Knoxville: Bottom Line
The top three best and cheapest home insurance providers in Knoxville are Erie, State Farm and Foremost. While these are our top picks for Knoxville, pricing can vary widely across the state. If you’re comparing options outside the city, our guide to cheap homeowners insurance in Tennessee highlights which companies consistently offer the most affordable and reliable coverage statewide.
Knoxville Home Insurance: FAQ
Below, we answer your common Knoxville home insurance questions.
Who offers the best home insurance in Knoxville?
We recommend Erie as the best home insurance provider in Knoxville for its competitive pricing, top customer service and diverse coverage options. Additionally, consider quotes from State Farm, Foremost Insurance, Allstate and Travelers.
Who has the cheapest home insurance in Knoxville?
State Farm offers the most affordable home insurance for the average homeowner, costing about $264 per month or $3,172 per year. However, rates can differ substantially depending on your coverage level and home characteristics.
What does home insurance cost in Knoxville?
The cost of home insurance in Knoxville ranges from $2,891 to $26,977 annually, based on home age and coverage level.
How We Decided the Best Cheap Home Insurance Companies in Knoxville
MoneyGeek’s study analyzed home insurance premiums from 10 companies in Knoxville. The data used was provided in partnership with Quadrant. The customer satisfaction scores used in this study were drawn from J.D. Power surveys. To calculate affordability scores, quotes were collected for a home with varying coverage levels.
In this analysis, MoneyGeek used a base profile for a homeowner with a 2,500 square foot home built in 2000 with dwelling coverage of $250,000, personal property coverage of $100,000, and liability coverage of $100,000. All the policies had the same deductible of $1,000.
Other quotes were also collected for homeowners with newly constructed homes, increased dwelling or personal property coverage, higher deductibles, and poor credit scores.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.