How To Make Your Fayette County, TN Home Insurance Cheaper
Fayette County, TN, homeowners insurance is about $1127. V Home Insurance detailed analysis provides guidance to shoppers by choosing the right insurance provider for factors such as home value, coverage, and deductible. Enter your Zip Code below and click “GO” to get multiple free quotes.
Comparison of Fayette County, TN Home Insurance Rates with the Tennessee Average
| Place | Tennessee Average: $1,044.0 | $ Difference vs state Average | % Difference vs state Average | Population | Estimated Value of a Home ($) |
|---|---|---|---|---|---|
| Fayette County, TN | $1,127.0 | -83.0 | -0.07 | 38,370 | 185,000 |
Cost of Fayette County, TN Homeowners Insurance by Home Value and Household Income
| Nearby Places | Median Home value ($) | Median Household Income ($) | Premium Range |
|---|---|---|---|
| Somerville | 164,900 | 40,473 | $1,079 |
| Collierville | 286,700 | 6,287 | $1,346 |
| Shelby County | 135,700 | 1,768 | $997 |
| Snow Lake Shores | 88,300 | 14,910 | $1,020 |
Homeowners Insurance Comparison for the Cheapest Premiums in Fayette County, TN
| MAPFRE Insurance | Allstate | Encompass Insurance | |
| Median Home Value ($) | 185,000 | 185,000 | 185,000 |
| Age of Home | Year 40 Old | Year 50 Old | Newly Constructed Home |
| Home Coverage ($) | $750,000 -$999,999 | $250,000 -$299,999 | $1000,000 -$1499,999 |
| Total Premium ($) | $5,236.2 | $2,326.0 | $3,860.9 |
Cost of Fayette County, TN Home insurance Premium for Different Deductibles
| Company | Deductible ($) | Coverage value | Insurance premium ($) |
|---|---|---|---|
| Country Financial | 2000 | $1500,000-$2000,000 | 4,302.5 |
| Westfield Insurance | 1500 | $100,000-$124,999 | 593.2 |
| Erie Insurance | 2500 | $100,000-$124,999 | 474.5 |
| Nationwide | 2500 | $1000,000-$1499,999 | 3,518.8 |
| The Hartford | 2500 | $300,000-$399,999 | 1,799.6 |
| Farmer's Insurance | 2500 | $250,000-$299,999 | 1,329.2 |
| American National Property and Casualty Company | 1000 | $300,000-$399,999 | 2,324.5 |
| Amica Mutual Insurance | 1000 | $750,000-$999,999 | 4,126.8 |
| Encompass Insurance | 2000 | $200,000-$249,999 | 1,052.1 |
| Travelers | 1500 | $500,000-$749,999 | 3,377.3 |