Covington Insurance Rates:

Covington, TN homeowners insurance is about $669 to $916, about $55-$76/month. Our exhaustive guide shows customers can save as much as $317 by comparing multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Covington, TN Homeowners Insurance By Home Value

Covington, TN Home Value Total Homes % of Total Average Covington, TN Homeowners Insurance
Less than $50,000 32 1.0% $182
$50,000 to $59,999 149 8.0% $388
$60,000 to $69,999 105 6.0% $483
$70,000 to $79,999 116 6.0% $563
$80,000 to $89,999 220 12.0% $634
$90,000 to $99,999 218 12.0% $705
$100,000 to $124,999 248 14.0% $824
$125,000 to $149,999 184 10.0% $1030
$150,000 to $174,999 179 10.0% $1213
$175,000 to $199,999 133 7.0% $1403
$200,000 to $249,999 97 5.0% $1689
$250,000 to $299,999 38 2.0% $2061

Top Home Insurance Agents Near Covington, TN

Home Insurance Company Near Covington, TN Homeowners Insurance Agency Near Covington, TN Address
NA Farris Evans Ins.Agency 1568 Union Avenue, Memphis, TN, 38104
Liberty Mutual Brandon Butler 6060 Poplar Ave. Suite 301, Memphis, TN, 38119
Travelers Henry & Company Inc 7080 HWY 64, SOMERVILLE, TN, 38060
Nationwide Larry Edward Crum 5165 Poplar Ave, Memphis, TN, 38117-7672
Allstate Terry Edwards 7731 US Highway 70 Ste 202, Bartlett, TN, 38133

Cost Of Homeowners Insurance By Street Near Covington, TN

Streets in Covington Area Homeowners Insurance Cost
Wkbl Dr, East St, Fisher Rd, Donna Ave, Able Ave, N College St, Crane Cv, Cummins St, US Hwy 51 N, Scott Rd$780
Dawn Dr, Tennessee Ave, Shelton St, Garland Ave, Leighs Chapel Rd, Lackey St, Deen Rd, Rosedale Ave, Mitchell St, Turner Ln$802
Bledsoe Ave, Antioch Highway 51 Rd, Tuxedo Dr, Crestview St, E Spring Ave, Anderson Rd, Rialto Rd, Anthony St, W Sherrod Ave, Oakview Dr$780
Baxter Ave, Bluebird Rd, Hastings Way, Turning Point Rd, Smith Ave, Stout Cv, Vandy Ave, Campbell Dr, Sandpiper Dr, Liberty Dr$794
Talley Ave, Wortham Rd, Winn Ave, Tatlock Ave, Groom Ave, Townsend Cemetery Rd, Hill Rd, Lindsey Rd, S College St, Christine Cove$800

Covington, TN Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Covington$118 to $121
Garland$121
Burlison$120
Henning$115

Covington, TN Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Garland town, Tennessee $122 $162 $243
Brighton town, Tennessee $121 $161 $242
Burlison town, Tennessee $120 $160 $240

Covington, TN Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Covington, TN6.0%16.0%
Garland5.68%21.31%
Brighton5.1%16.17%
Burlison5.27%19.38%

Covington Renters Insurance as a Percentage of Rent

Covington Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 54 3.0% $362
$200 to $299 170 10.0% $812
$300 to $499 338 21.0% $1262
$500 to $749 622 40.0% $1937
$750 to $999 225 14.0% $2687
$1,000 to $1,499 142 9.0% $3812

Covington, TN Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,500$2,500
Yearly Covington Homeowner Insurance Premium Example $600$400
Out of Pocket Expense During Claim$1,500$2,500
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $6,300$5,700
Net Savings to Covington Home Owner from High Deductible Plan $600

Covington, TN Home Insurance Costs With Home Replacement Value Scenarios

Scenario Covington, TN Home Replacement Value MORE than Home Value Covington, TN Home Replacement Value LESS than Home Value
Replacement Value $142,000 $94,000
Insurance Premium based on Replacement Value $725 $475
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $23,500 Risk Exposure from Under Insuring Coverage is $24,500
Premium Impact Insurance cheaper by $125/year Insurance costlier by $125/year

Example Covington Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Amica Mutual Insurance CompanyNationwide InsuranceState Farm
Monthly Premium 243343
Year Built 195220121987
Home Details 2 Beds, 1 Baths3 Beds, 2 Baths4 Beds, 3 Baths
Coverage Amount $75000-$100000$100000-$125000$100000-$125000
Deductible $2500-$5000 Deductible$2500-$5000 Deductible$500 Deductible

Sample Home Insurance Rates for Covington, TN from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1993 100,000 Tile Roof 1,430 2 $500 Deductible 170 5 Wood siding yes
1970 145,000 Composition Roof 2,010 4 $1000-$2500 Deductible 480 10 Fiber-Cement Siding No
2003 195,000 Slate Shingles Roof 2,500 4 $5000 to $10,000 Deductible 70 1 Stone Siding No
2012 115,000 Shingles Roof 1,460 2 $500 Deductible 200 4 Wood siding No
2012 125,000 Asphalt Shingles Roof 1,550 2 $1000-$2500 Deductible 280 7 Fiber-Cement Siding yes
2003 125,000 Tile Roof 1,760 4 $500 Deductible 360 6 Stone Siding yes
2004 270,000 Membrane Roof 3,080 4 $500 Deductible 730 6 Wood siding No
1995 110,000 Wood Shake Roof 1,460 2 $2500-$5000 Deductible 170 5 Vinyl siding yes
1977 120,000 Wood Shake Roof 1,620 4 $500 Deductible 360 12 Stone Siding No
1956 90,000 Asphalt Shingles Roof 1,180 2 $500 Deductible 60 3 Wood siding No
1981 125,000 Shingles Roof 1,920 4 $2500-$5000 Deductible 190 5 Brick siding No
1970 125,000 Membrane Roof 1,660 3 $1000-$2500 Deductible 170 4 Wood siding No
1990 140,000 Shingles Roof 2,070 3 $2500-$5000 Deductible 40 1 Stone Siding yes
1956 100,000 Slate Shingles Roof 1,130 2 $500- $1000 Deductible 330 7 Fiber-Cement Siding No
1984 150,000 Membrane Roof 1,950 3 $5000 to $10,000 Deductible 290 7 Vinyl siding yes
1988 75,000 Metal Roof 1,290 2 $2500-$5000 Deductible 40 2 Fiber-Cement Siding No
1955 125,000 Wood Shake Roof 2,130 4 $500- $1000 Deductible 360 8 Fiber-Cement Siding yes
1956 125,000 Tile Roof 1,540 2 $500 Deductible 220 3 Fiber-Cement Siding No
1991 180,000 Wood Shake Roof 2,910 4 $2500-$5000 Deductible 510 10 Vinyl siding yes
2006 130,000 Slate Shingles Roof 1,850 4 $500- $1000 Deductible 230 3 Fiber-Cement Siding yes
1996 115,000 Asphalt Shingles Roof 1,790 3 $500- $1000 Deductible 230 5 Fiber-Cement Siding No
1956 150,000 Slate Shingles Roof 2,200 3 $500 Deductible 550 10 Stucco siding yes
2002 100,000 Wood Shake Roof 1,390 2 $1000-$2500 Deductible 280 10 Vinyl siding yes
1979 125,000 Composition Roof 1,580 3 $500- $1000 Deductible 220 5 Vinyl siding No
1952 165,000 Slate Shingles Roof 2,330 3 $5000 to $10,000 Deductible 50 1 Wood siding No
1952 185,000 Composition Roof 3,210 4 $2500-$5000 Deductible 380 7 Brick siding No
1985 140,000 Slate Shingles Roof 1,790 2 $500 Deductible 390 6 Stone Siding No
2009 225,000 Membrane Roof 3,390 4 $5000 to $10,000 Deductible 380 6 Wood siding No