Knoxville Insurance Rates:

Knoxville, TN home insurance is about $678 to $919, about $56-$76/month. Our exhaustive guide reveals consumers can save upto $319 by getting many quotes

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Read Knoxville, Tennessee Homeowners Insurance reviews & compare quotes to find the most reliable & cheapest quotes.

Knoxville Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Allstate
Home Insurance Rate of $550/9 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $195,000

4 Beds, 4 Baths 2980 sqft Seasonal Residence Constructed In 1977 with Wood Flooring, Composition Roof, Piers Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Smoke Alarm, Fireplace, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

38 Years old Single Male who is a Freelancer with household income of less than $25,000 and has No Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 650-699 Credit Score

  • Guests at home

Home Insurance Rate of $90/4 months for $50000-$75000 Coverage
Policy Holder Home Details :

Home Value : $65,000

2 Beds, 2 Bath 910 sqft Primary Residence Constructed In 1991 with Linoleum, Metal Roof, Piers Foundation, Stucco siding, Metal Frame Construction. Home Features Include Swimming Pool, Deadbolt Locks, Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

73 Years old Single Male who is Unemployed and has No Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

  • Guests at home

Home Insurance Rate of $400/7 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $215,000

4 Beds, 4 Baths 2470 sqft Vacation Property Constructed In 1980 with Linoleum, Tile Roof, Crawl Space Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Deadbolt Locks, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

56 Years old Married Male who is Unemployed with household income of less than $25,000 and has No Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $370/9 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $140,000

2 Beds, 2 Bath 1530 sqft Primary Residence Constructed In 1980 with Linoleum, Membrane Roof, Piers Foundation, Stone Siding, Brick Frame. Home Features Include Copper Water Pipes, Fireplace, Indoor Sprinklers, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

47 Years old Married Male who is a Freelancer with household income of $100-$150,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

Home Insurance Rate of $360/10 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $105,000

3 Beds, 3 Baths 1580 sqft Vacation Property Constructed In 1965 with Carpet over wood flooring, Membrane Roof, Chainwall Foundation, Brick siding, Stucco Construction. Home Features Include Fireplace, Indoor Sprinklers, Swimming Pool, Deadbolt Locks, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

59 Years old Single Female who is Unemployed with household income of less than $25,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 650-699 Credit Score

Home Insurance Rate of $190/3 months for $100,000-$125,000 Coverage
Policy Holder Home Details :

Home Value : $145,000

3 Beds, 3 Baths 1644 sqft Primary Residence Constructed In 1964 with Stone Flooring, Membrane Roof, Chainwall Foundation, Stucco siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

47 Years old Married Male who is a Freelancer with household income of less than $25,000 and has More than 3 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 750-799 Credit Score

  • Guests at home

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Knoxville Rates & Quotes Analysis:

Knoxville Area Estimated House Insurance
Deaderick Ave NW, Radnor Rd NE, Chestnut Hill Ln, Morris Rd, Bearden Pl, Piper Rd NW, Ponder Rd, Keith Ave, Birch Springs Dr, Ferd Hickey Rd NW$785
Willowcreek Pointe Ln, Lake Ln, Dill St, Mecklenburg Ct, Robin Heights Dr NW, Scotswood Cir, Florence Rd, Chickamauga Ave, N Weisgarber Rd, Parktop Ln NW$771
Loraine St, Villa Forest Way, Whitesburg Dr, Marion St NW, Christine Ave SE, Sharp Ln, Joan Rd NE, Ohio Ave NW, Cracker Barrel Ln, Maria Ave$784
Rum Hill Ln, Maplehill Rd, Tobler Ln NW, Overland Trl NW, Gaines Rd, Hollow Tree Way, McFall Ln, Leconte Rd, Fieldwood Dr NE, Foxvue Rd$800
Sunny Creek Way, Holston Ferry Rd, 3rd Ln, Clancy Ave SW, Mesa Verde Ln, Ellis Rd, McCalla Ave NE, Cornsilk Dr, Lafayette Rd NW, Nelson Cir SE$801
Charles Rd, Dora St NW, Sarvis Dr SW, Southgate Rd SW, Avondale Ave NE, Shepard St, Topoco Rd SW, Pembridge Rd, Oak Haven Rd, Huffaker Ferry Rd$795
Bluff View Rd, Meeting House Ln, Lantern Ridge Ln, Toole Dr NW, Mayfair Dr SE, Woodedge Ln, Hansard Ln, Cumberland Wood Dr NW, Polkwright Ln, S Peters Rd$778
W Woodland Ave, Dale Ave SW, Tallent Rd NW, McConnell St, Randonell Rd SW, Hitching Post Dr, Sway Branch Ln, Ledgerwood Ave, Luck Ave NE, Apple Valley Dr$806
Pinebrook Dr, Cluster St, Plymouth Rd, Belleaire Ave, Burgundy Pl, Barlow Cir, Erin Dr, Climbing Rd NW, Walden Woods Ct NW, R L Way$793
Dover St, Cadence Ln, Moses Ave NW, McCall Ln, Ala Dr, Huntland Dr SW, Village Dr, Hickory Dr, Tooles Bend Rd, Hardwood Rd NE$841

Insurance rates are influenced by a number of factors including:

  • Year Built: 19,930 Homes (21% of total homes ) built between 1970 to 1979 in Knoxville are paying home insurance between $1,293-$1,305. Places close to Knoxville, TN such as Knox County, Rockford, Louisville are more expensive by $34, $46, $105 respectively while Blaine and Luttrell are cheaper by $11 and $20 respectively for similar homes.
  • Bedrooms: 29,963 3 bedrooms homes (33% of total homes ) in Knoxville are paying about $735. Areas near to Knoxville such as Knox County, Rockford, Louisville are costlier by $19, $25, $59 respectively whereas Blaine and Luttrell are more economical by $7, $12 respectively for similar homes.
  • Auto Insurance Bundling: 16,496 Households (39% of all households) in Knoxville have 2 vehicles available and when it is bundled with home insurance you can save $159 compared to Knox County ($163), Rockford ($165), Alcoa ($159).
  • Senior Discounts: 20,222 seniors (more than 55 years) occupied housing units (47% of total) in Knoxville get discounts between $119 to $122 and differs from Knox County ($122), Rockford ($123), Alcoa ($119).
  • New Homes discounts: New homes such as the 30,922 homes built between 2000 to 2009 in Knoxville can save $159 and similar new home insurance discounts in nearby towns and cities like Knox County, Rockford and Alcoa are $163, $165 and $159 respectively.

Knoxville Homeowners insurance Facts

  • Knoxville, TN has 42,241 owner occupied houses which is 50.5% of all units whereas Knox County, Rockford and Alcoa have 65.78%, 75.91% and 62.27% respectively.
  • Knoxville, TN homeowners yearly insurance price at $798 is 0.69% of the typical house value of $116,200 which is in contrast with 0.52% in Knox County, 0.48% at Rockford & 0.68% in Alcoa.
  • Homeowners in Knoxville, TN pay 3.55% of their income ($20,000 to $24,999) in insurance whereas homeowners in Knox County, Rockford and Alcoa pay 3.64%, 3.67% and 3.55% respectively.
  • Knoxville, TN’s insurance is 6.2% of monthly housing costs of $1,079/month, for owners with a mortgage compared to 5.48% in Knox County, 6.09% at Rockford & 6.53% in Alcoa. But, for households without a mortgage, insurance is 18.5% of costs ($360 in Knoxville, TN) in contrast with 18.8% in Knox County, 21.92% at Rockford & 20.55% in Alcoa.

Knoxville, TN Home Values & Insurance rates

For example, insurance for 2,551 Homes (6.0% of total homes ) valued between Less than $50,000 in Knoxville, TN is about $167. Rates in nearby areas in such as Knox County, Rockford, Louisville are cheaper by $45, $52, $81 respectively while Eagleton Village and Blaine are costlier by $8 and $22 respectively for similar homes.

Knoxville, TN Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 2,551 6.0% $167
$50,000 to $59,999 1,627 4.0% $359
$60,000 to $69,999 2,792 6.0% $438
$70,000 to $79,999 3,074 7.0% $510
$80,000 to $89,999 3,680 9.0% $582
$90,000 to $99,999 3,350 8.0% $646
$100,000 to $124,999 6,256 15.0% $750
$125,000 to $149,999 5,508 13.0% $941
$150,000 to $174,999 4,373 10.0% $1109
$175,000 to $199,999 2,073 5.0% $1284
$200,000 to $249,999 2,379 5.0% $1548
$250,000 to $299,999 1,200 2.0% $1891
$300,000 to $399,999 1,562 3.0% $2401

Renters Insurance in Knoxville

  • Average Renters Insurance in Knoxville :  $240($20/month)

  • Median Gross Rent in Knoxville :  $710

  • Knoxville Renters Insurance to Median Rent Ratio:  2.82%

  • Average household size of renter-occupied unit :  1.92

Knoxville Renters Insurance as a Percentage of Rent

Knoxville Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 2,494 6.0% $360
$200 to $299 1,359 3.0% $810
$300 to $499 3,829 9.0% $1260
$500 to $749 15,110 38.0% $1935
$750 to $999 10,934 27.0% $2685
$1,000 to $1,499 4,627 11.0% $3810
$1,500 or more 1,198 3.0% $5460

Rent Affordability in Knoxville:

Approximately 47.0% (19,859) of households are spending more than 35% of their income on gross rent in Knoxville

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 3,361 8.0%
15.0 to 19.9 percent 4,408 10.0%
20.0 to 24.9 percent 4,386 10.0%
25.0 to 29.9 percent 5,434 13.0%
30.0 to 34.9 percent 4,018 9.0%
35.0 percent or more 19,859 47.0%

Protective device discount in Knoxville Up to :  $36

Claims-free discount in Knoxville Up to :  $48

Knoxville, TN Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
37917 $86,200 $780
37915 $74,300 $780
37919 $252,900 $880
37902 $215,600 $870
37931 $189,800 $840
37923 $174,700 $840
37909 $173,000 $830
37938 $168,500 $840
37918 $138,000 $810
37916 $132,500 $820
37924 $130,600 $810
37912 $115,700 $800
37914 $105,400 $800