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Auto-Owners is the best homeowners insurance company in Tennessee, based on a 2023 analysis by, with an overall rating of 4.84. For military members, veterans and their families, USAA is tops with an overall rating of 4.81.    

Tennessee Farmers offers the cheapest home insurance for most of the coverage levels for all homeowners. If you’re eligible, USAA has cheaper rates.

With so many options out there, it is not easy to choose a homeowners insurance company in Tennessee. You need a reliable company that will provide you with quality service at an affordable price. Below we’ll cover everything you need to know to get the best home insurance in Tennessee. 

Key takeaways

  • The average home insurance cost in Tennessee is $2,870 per year or $239 per month.
  • Tennessee Farmers offers the cheapest home insurance in Tennessee for all homeowners at $2,274 a year, although USAA is cheaper if you qualify. 
  • Auto-Owners ranks the best home insurance company in Tennessee for 2023. 

How much is home insurance in Tennessee?

The average cost of homeowners insurance in Tennessee is $2,870 a year or $239 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. 

Best homeowners insurance companies in Tennessee

The best home insurance company in Tennessee for 2023 is Auto-Owners, followed by USAA and Tennessee Farmers. 

Below is a full list of the top Tennessee insurance companies based on price, NAIC complaints, and AM Best financial ratings. The total score is calculated out of five using these factors.

Best home insurance companies in Tennessee
Insurance companyAM BestAverage annual rateNAIC Complaint score
Auto-OwnersA++$ 2,2350.194.84
USAAA++$ 1,9670.414.81
Tennessee FarmersA+$ 2,2740.054.75
Erie InsuranceA+$ 3,4430.234.28
FarmersA$ 2,8690.334.26
State FarmA++$ 2,9611.074.14
AllstateA+$ 2,1132.043.75
TravelersA++$ 6,3200.63.31

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

Cheapest home insurance companies in Tennessee

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, you’ll see Tennessee Farmers has the cheapest home insurance for homeowners in most categories unless you are eligible for USAA.

Cheapest home insurance rates in Tennessee by coverage level
USAA$ 1,476$ 1,967$ 2,396$ 2,804$ 3,187
Tennessee Farmers$ 1,632$ 2,274$ 2,998$ 3,730$ 4,482
Auto-Owners$ 1,825$ 2,235$ 2,697$ 3,173$ 3,648
Allstate$ 1,834$ 2,113$ 2,467$ 2,904$ 3,336
Farmers$ 2,005$ 2,869$ 3,639$ 4,467$ 5,085
State Farm$ 2,283$ 2,961$ 3,571$ 4,322$ 4,976
Erie Insurance$ 2,464$ 3,443$ 4,503$ 5,414$ 6,330
Travelers$ 5,456$ 6,320$ 7,314$ 8,393$ 8,950

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 the average home insurance rate for that area. You will also see the highest and lowest premiums from major home insurers. This will give you an idea of how much you can save by comparing home insurance rates. The difference between the highest rate and the lowest rate is how much you could save by shopping around.


Average home insurance rates in CALIFORNIA

94404 - Foster City
Dwelling $200,000, Deductible $1,000 and Liability $100,000.



Most & least expensive zip codes for homeowners insurance in California

Most Expensive

Zip CodeCityHighest Rate
92391Twin Peaks$1,426
92321Cedar Glen$1,425
92352Lake Arrowhead$1,423

Least Expensive

Zip CodeCityLowest Rate
95051Santa Clara$743

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 $4,216.

The most expensive ZIP codes in Tennessee are:

ZIP codeAverage annual rates
38127$ 4,216
38114$ 4,022
38106$ 4,018
38108$ 3,997
38116$ 3,989
38109$ 3,975

The least expensive ZIP codes in Tennessee for home insurance

The cheapest ZIP codes for home insurance in Tennessee are:

ZIP codeAverage annual rates
37682$ 2,041
37684$ 2,108
37929$ 2,114
37664$ 2,131
37773$ 2,153
37707$ 2,160

Frequently asked questions about Tennessee homeowners insurance

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 Tenneesee? 

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

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