Compare Quotes from Top Providers and Save now!

Memphis, TN Home Values & Insurance Rates

Memphis, TN Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 16,130 13.0% $197
$50,000 to $59,999 9,037 7.0% $418
$60,000 to $69,999 11,085 9.0% $520
$70,000 to $79,999 10,003 8.0% $599
$80,000 to $89,999 10,641 8.0% $678
$90,000 to $99,999 8,294 6.0% $757
$100,000 to $124,999 15,705 12.0% $875
$125,000 to $149,999 11,246 9.0% $1096
$150,000 to $174,999 8,959 7.0% $1301
$175,000 to $199,999 4,933 4.0% $1499
$200,000 to $249,999 6,575 5.0% $1806
$250,000 to $299,999 4,518 3.0% $2209
$300,000 to $399,999 4,421 3.0% $2808

Memphis Renters Insurance as a Percentage of Rent

Memphis Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 1,849 1.0% $365
$200 to $299 3,004 2.0% $815
$300 to $499 8,152 7.0% $1265
$500 to $749 34,351 30.0% $1940
$750 to $999 37,428 33.0% $2690
$1,000 to $1,499 23,956 21.0% $3815
$1,500 or more 4,425 3.0% $5465

Example Memphis Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Chubb Group of InsuranceAllstateGEICO Insurance
Monthly Premium 463545
Year Built 199519781989
Home Details 4 Beds, 2 Baths2 Beds, 1 Baths3 Beds, 2 Baths
Coverage Amount $175000-$200000$75000-$100000$100000-$125000
Deductible $5000 to $10,000 Deductible$1000-$2500 Deductible$1000-$2500 Deductible

Top Home Insurance Agents Near Memphis, TN

Home Insurance Company Near Memphis, TN Homeowners Insurance Agency Near Memphis, TN Address Distance from Memphis, TN (miles)
Clm Insurance Group P O Box 345 Byhalia, Olive Branch, MS, 38611 12.9
Nationwide Brooks Edward Mcdonald 5820 Stage Rd, Bartlett, TN, 38134 9.3
Allstate Ed Truett 5050 Poplar Ave Ste 927, Memphis, TN, 38157 4.8
Travelers Morton Insurance Agency Inc 2865 SUMMER OAKS DR STE 101, BARTLETT, TN, 38134 10.3
Travelers The Clm Insurance Group Inc 8007 HIGHWAY 178 WEST, BYHALIA, MS, 38611 23.2

Memphis, TN Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
38128 $87,000 $790
38112 $86,800 $790
38118 $80,000 $790
38107 $78,300 $780
38122 $74,200 $780
38105 $70,000 $780
38109 $69,400 $780
38127 $63,400 $770
38114 $62,100 $780
38106 $58,200 $770
38126 $56,000 $770
38108 $48,700 $770
38120 $273,700 $890
38103 $246,500 $870
38119 $176,700 $840
38104 $175,700 $840
38117 $170,100 $840
38135 $165,800 $840
38125 $154,500 $820
38133 $140,700 $820
38116 $106,800 $800
38141 $100,400 $790
38111 $100,200 $790

Estimated Home Insurance By Street Area Near Memphis, TN

Memphis Area Estimated House Insurance
E Calhoun Ave, Fox Green Cove, Keeli Cove, Ace Dr, Denimwood Dr, Carol Ann Cove, Thornhill Dr, Blakeview Pl, Creekwood Cove, Meadow Chase Cove$822
Grace View Ln, Farrow Ave, Bruins Trce, Waco St, Ross Creek Cove, Northaven Cove, Wickshire Cove W, Southbrook Mall, Ackerman Cove, Gibbons Pl$852
W Germanwood Ct, Acorn Dr, Dalry Cv, Hickory Ridge Trl, Hidden Arbor Ct, Claremont Cir, Atkins Dr, Clove Dr, Hawthorne St, Rhonda Cir N$849
Todd Dr, Rainsong Cove S, Lyceum Rd, Grey Bark Cove, Isabelle St, Cedar Ridge Cove E, N Amanda Cir, Lacewing Trace Ln, Old Trl Cove, Parkside Ave$765
Lafayette Pl, Sweet Berry Cove, Park Ln, Bergen Cove, Ozan St, Coolidge Cove, Steamboat Bend, Alfaree St, Brompton Rd, Isis Cove$833
Kerry Dr, Treys Cove, Oakleaf Office Ln, Lotus Rd, Dove Hollow Cir W, Chevy Chase Dr, North St, Antilles Ct, Chippewa Ct, Winhoma Dr$758
Kinsman Rd, Aureen Dr, Acadia Pl, Chatsworth Dr, Farindon Dr, E Goodwyn St, E Oak Shadows Cir, Lovestone Cove, Glasgow St, Reese Point Dr$782
N Mendenhall Rd, Joseph Pl, E Glenhome Dr, Oakfield Dr, Shadeley Dr, Brady Hill Dr, Selinda Cove, Heartland Ln, Lida Cv, Misty River Rd$786
Green Bush Pl, Kenner Ave, Tropicana Dr N, Becky Cove, Lamar Cove, Whitehaven Ln, Alice Ave, N Lexington Cir, West Dr, Queens Fairway St$799
Mill Hill Ave, Jeffries Cove, Everetts Folly St, Raleigh Ridge Cove, Camelia Ln, Estill St, Crimson Leaf Cove, E Erwin Dr, Malone Ave, Manor Ln$799

Memphis, TN Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$800$1,800
Yearly Memphis Homeowner Insurance Premium Example $1,300$1,100
Out of Pocket Expense During Claim$800$1,800
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $11,200$10,600
Net Savings to Memphis Home Owner from High Deductible Plan $600

Memphis, TN Home Insurance Costs With Home Replacement Value Scenarios

Scenario Memphis, TN Home Replacement Value MORE than Home Value Memphis, TN Home Replacement Value LESS than Home Value
Replacement Value $105,000 $58,500
Insurance Premium based on Replacement Value $625 $350
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $24,000 Risk Exposure from Under Insuring Coverage is $22,500
Premium Impact Insurance cheaper by $150/year Insurance costlier by $125/year