Best homeowners insurance companies in Tennessee: Auto-Owners

The best home insurance company in Tennessee for 2024 is Auto-Owners. Erie Insurance, State Farm, Allstate and Farmers among other top home insurance companies in Tennessee based on price, NAIC complaints, and AM Best financial ratings.

The total Insurance.com score is calculated out of five using these factors.

Best home insurance in Tennessee
CompanyAM BestNAIC complaint ratioInsurance.com scoreAverage annual rate
Auto-OwnersA++0.374.59$2,431
Erie InsuranceA+0.524.53$3,642
State FarmA++0.834.35$2,523
AllstateA+1.463.73$2,478
FarmersA0.673.45$3,772
ProgressiveA+2.713.13$2,197
TravelersA++1.102.85$6,604

Cheapest home insurance companies in Tennessee: Progressive

Below are Tennessee home insurance rates by company for six different levels of dwelling coverage, each with $300,000 in liability and a $1,000 deductible. Based on our rate analysis, Progressive has the cheapest home insurance for all coverage levels except $600,000 and $1,000,000. USAA offers the cheapest rates if you are eligible for USAA.

Cheapest home insurance in Tennessee
Company$200,000$300,000$400,000$600,000$1,000,000
USAA*$1,542$2,122$2,688$3,653$5,664
Progressive$1,649$2,197$2,676$4,110$6,309
Tennessee Farmers$1,730$2,325$2,853$4,078$6,679
Auto-Owners$1,989$2,431$2,928$3,921$8,963
Allstate$2,130$2,478$2,868$3,873$5,975
State Farm$1,945$2,523$3,035$4,227$6,372
Erie Insurance$2,607$3,642$4,723$6,638$10,593
Farmers$2,609$3,772$4,839$6,826$10,164
Travelers$5,709$6,604$7,674$11,074$17,461

*USAA only provides coverage to military members, veterans, and their families.

Average home insurance cost in Tennessee

The average cost of homeowners insurance in Tennessee is $3,060 a year or $255 a month. This is based on coverage of:

  • $300,000 dwelling
  • $300,000 liability
  • $1,000 deductible.

However, the average annual premium varies by the insurance company, your ZIP code, coverage type, and your home's age, among other factors. It’s a good idea to compare price quotes from different Tennessee homeowners insurance companies to get the best deal. 

Tennessee home insurance rates by ZIP code

Home insurance rates can vary widely depending on where the home is located. We compared home insurance rates by ZIP code in Tennessee to see which areas are the most and least expensive.

Enter your ZIP code and desired coverage level in the search box to see that area's average home insurance rate. You will also see the highest and lowest premiums from major home insurers. Comparing home insurance rates will give you an idea of how much you can save.

Home insurance calculator

Average home insurance rates in Texas
$200,000
$200,000 $300,000 $400,000 $600,000 $1,000,000
$100,000
$100,000 $300,000
Standard ($1000)
Standard ($1000) Hurricane (2% of insured value)

Most & least expensive ZIP codes for homeowners insurance in Texas

Most expensive

ZIP CodeCityHighest Rate
77550Galveston$10,164
77586El Lago$9,906
77551Galveston$9,536
77554Galveston$9,358

Least expensive

ZIP CodeCityLowest Rate
78559Iglesia Antigua$1,956
78593Santa Rosa$1,999
79915El Paso$2,008
79905El Paso$2,009
Data refreshed as of Apr 2024

The most expensive ZIP codes in Tennessee for home insurance 

Tennessee homeowners insurance rates are the most expensive for ZIP code 38127, with an average annual cost of $4,525.

The most expensive ZIP codes in Tennessee are:

ZIP codeAverage annual rate
38127$4,525
38114$4,343
38106$4,336
38116$4,299
38108$4,296
38109$4,290

The least expensive ZIP codes in Tennessee for home insurance

The cheapest ZIP codes for home insurance in Tennessee are:

ZIP codeAverage annual rate
37682$2,159
37684$2,210
37664$2,229
37620$2,258
37660$2,261
37929$2,271

Compare homeowners insurance rates by city in Tennessee

Home insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on home insurance for your specific city in Tennessee.

CityAnnual insurance premium
Chattanooga
$2,038
Clarksville
$2,092
Franklin
$1,993
Germantown
$2,438
Hendersonville
$1,956
Jackson
$2,375
Johnson City
$1,681
Kingston
$1,935
Knoxville
$1,836
Memphis
$2,783
Murfreesboro
$2,148
Nashville
$2,078
Paris
$2,336
Pikeville
$2,300

Home insurance FAQs

Do you need flood insurance in Tennessee?

Floods are not covered by a standard homeowners policy. If you live in a flood zone or worry about extreme storms, you’ll need to purchase flood insurance as an add-on or separately through the National Flood Insurance Program (NFIP).

Is home insurance required in Tennessee? 

Tennessee state law doesn’t require home insurance. However, your mortgage company will require you to carry a policy.

Compare homeowners insurance rates with other states

Alabama
$3,066/year
Alaska
$1,799/year
Arizona
$1,966/year
Arkansas
$4,073/year
Colorado
$3,388/year
Connecticut
$2,100/year
Delaware
$1,389/year
Florida
$4,218/year
Georgia
$2,163/year
Hawaii
$582/year
Idaho
$1,892/year
Illinois
$2,604/year
Indiana
$2,721/year
Iowa
$2,402/year
Kansas
$4,665/year
Kentucky
$3,163/year
Louisiana
$3,481/year
Maine
$1,407/year
Maryland
$1,630/year
Massachusetts
$1,518/year
Michigan
$2,607/year
Minnesota
$2,327/year
Mississippi
$3,398/year
Missouri
$3,349/year
Montana
$2,874/year
Nebraska
$4,624/year
Nevada
$1,457/year
New Hampshire
$1,144/year
New Jersey
$1,299/year
New Mexico
$2,542/year
New York
$1,728/year
North Carolina
$2,768/year
North Dakota
$2,946/year
Ohio
$2,017/year
Oklahoma
$4,945/year
Oregon
$1,503/year
Pennsylvania
$1,760/year
Rhode Island
$1,774/year
South Carolina
$2,727/year
South Dakota
$3,529/year
Texas
$4,142/year
Utah
$1,421/year
Vermont
$1,175/year
Virginia
$1,999/year
Washington
$1,659/year
West Virginia
$1,801/year
Wisconsin
$1,508/year
Wyoming
$1,801/year
Show more
Tip iconHelpful home insurance tools and calculators
Tip icon You might also be interested in