Knoxville Insurance Rates:

Knoxville, TN homeowners insurance is about $678 to $919, about $56-$76/month. Our exhaustive guide reveals consumers can save upto $319 by getting many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Different Ways to Reduce your Home Insurance in Knoxville, TN

The average cost of home insurance in Knoxville, TN, is $961. As a homeowner in Knoxville, TN, you know that your home is one of your biggest investments. And, like any other investment, you would want to protect it at any cost. That’s where home insurance comes in. Home insurance is a type of property insurance that covers your home and your belongings in the event of damage or theft. Insurance companies take many risk factors into account when calculating the cost of a home insurance policy. Some of the most common risk factors include the age and condition of the home, the location of the home, the amount of coverage required, and the deductible.

Finding a policy that meets your needs and budget is essential when shopping for home insurance. The coverage you need depends on the value of your home and your personal belongings. VHome has thoroughly analyzed ways to reduce the home insurance cost in Knoxville, TN, in this article below.

1. By Choosing a Higher Deductible

Choosing a higher deductible is one way to reduce the cost of home insurance. Increasing the amount you would pay out-of-pocket in the event of a claim effectively reduces the risk that your insurance company must cover. In exchange for this reduced risk, your insurance company will offer you a lower premium. For example, homeowners in Knoxville, Tennessee, who choose deductibles of 500 and 1500, respectively, pay $949.47 and $808.59 for homeowners insurance. Homeowners with deductibles of 2000 and 2500 pay $734.01 and $690, respectively. Therefore, the higher the deductible, the lower the homeowners insurance rates in Knoxville, TN.

2. By Installing Security Features

Most insurance companies offer discounts for homes that have security features such as alarms, security cameras, and deadbolt locks. These discounts vary by provider and feature but can potentially save you hundreds of bucks on your home insurance in Knoxville, TN. For instance, homes with deadbolts pay $884.12 on home insurance in Knoxville, TN. The chances of theft or burglary are less with dreadlocks at home.


3. By Maintaining a Zero Claims History

A claims history is a record of all the claims you've filed on your homeowner's insurance policy. Insurance companies use claims history to determine whether you're a high-risk customer. You will likely see a higher premium if you have a history of filing claims. That's why it's so important to maintain a zero claims history. If you can avoid filing claims, you'll be able to keep your premiums low. For example, homeowners in Knoxville, TN, with zero claims history, have to pay a premium of $836.07. In contrast, homeowners with one or two claims must pay $1047.49 and $1095.54 on homeowners insurance in Knoxville, TN.

Knoxville, TN Homeowners Insurance By Home Value

Knoxville, TN Home Value Total Homes % of Total Average Knoxville, TN 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

Top Home Insurance Agents Near Knoxville, TN

Home Insurance Company Near Knoxville, TN Homeowners Insurance Agency Near Knoxville, TN Address
Travelers Bob Johnson Insurance Inc 7121 AFTON DR, KNOXVILLE, TN, 37918
Travelers Inter-Agency Ins Services Inc 6209 BAUM DR, KNOXVILLE, TN, 37919
Liberty Mutual John Attaway 2030 Falling Waters Road Suite 100, Knoxville, TN, 37922
Allstate Kevin Yates 1338 Parkway Ste 1, Sevierville, TN, 37862
Allstate Lonnie Jones Jr. 620 N Campbell Sta Rd Ste 9, Knoxville, TN, 37934

Knoxville, TN Home Insurance Agents for Top Companies

Cost Of Homeowners Insurance By Street Near Knoxville, TN

Streets in Knoxville Area Homeowners Insurance Cost
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

Knoxville, TN Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Knoxville$119 to $122
Knox County$122

Knoxville, 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
Knox County, Tennessee $122 $163 $245
Rockford city, Tennessee $124 $165 $248
Alcoa city, Tennessee $119 $159 $239

Knoxville, 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
Knoxville, TN6.2%18.5%
Knox County5.48%18.8%

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

Knoxville, TN Homeowners 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

Knoxville, TN Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Yearly Knoxville Homeowner Insurance Premium Example $1,300$900
Out of Pocket Expense During Claim$1,700$3,700
Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim $10,800$10,000
Net Savings to Knoxville Home Owner from High Deductible Plan $800

Knoxville, TN Home Insurance Costs With Home Replacement Value Scenarios

Scenario Knoxville, TN Home Replacement Value MORE than Home Value Knoxville, TN Home Replacement Value LESS than Home Value
Replacement Value $146,000 $95,500
Insurance Premium based on Replacement Value $800 $525
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $35,000 Risk Exposure from Under Insuring Coverage is $15,500
Premium Impact Insurance cheaper by $75/year Insurance costlier by $200/year

Example Knoxville Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Chubb Group of InsuranceAllstateNationwide Insurance
Monthly Premium 435162
Year Built 200019901985
Home Details 2 Beds, 1 Baths3 Beds, 1 Baths4 Beds, 3 Baths
Coverage Amount $75000-$100000$100000-$125000$200000-$250000
Deductible $500 Deductible$500- $1000 Deductible$5000 to $10,000 Deductible

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

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
2006 125,000 Slate Shingles Roof 1,730 2 $500 Deductible 440 8 Wood siding No
1973 90,000 Metal Roof 1,320 2 $2500-$5000 Deductible 130 3 Stone Siding No
1984 90,000 Composition Roof 1,230 3 $1000-$2500 Deductible 260 8 Fiber-Cement Siding yes
1962 95,000 Membrane Roof 1,490 3 $1000-$2500 Deductible 180 5 Brick siding yes
1965 140,000 Shingles Roof 1,830 3 $1000-$2500 Deductible 230 5 Vinyl siding No
1985 95,000 Tile Roof 1,030 2 $2500-$5000 Deductible 190 7 Wood siding yes
1972 135,000 Tile Roof 2,120 4 $500 Deductible 490 7 Brick siding No
1988 135,000 Wood Shake Roof 1,610 2 $500 Deductible 560 10 Brick siding yes
2009 90,000 Asphalt Shingles Roof 1,450 3 $2500-$5000 Deductible 220 8 Wood siding No
1981 220,000 Metal Roof 2,390 3 > $10,000 Deductible 380 9 Vinyl siding No
1963 145,000 Asphalt Shingles Roof 1,690 3 $500 Deductible 520 7 Brick siding No
1984 75,000 Composition Roof 990 2 $500- $1000 Deductible 50 2 Brick siding yes
1973 120,000 Slate Shingles Roof 1,370 2 $1000-$2500 Deductible 360 8 Stone Siding yes
1965 155,000 Tile Roof 2,300 3 $2500-$5000 Deductible 200 4 Brick siding No
1992 140,000 Composition Roof 1,940 3 $2500-$5000 Deductible 180 5 Fiber-Cement Siding yes
1981 145,000 Membrane Roof 2,190 4 $500 Deductible 320 7 Stone Siding No
1984 115,000 Slate Shingles Roof 1,670 2 $1000-$2500 Deductible 270 7 Vinyl siding No
1984 205,000 Membrane Roof 2,740 4 $1000-$2500 Deductible 200 4 Stone Siding yes
1972 205,000 Slate Shingles Roof 2,560 4 $1000-$2500 Deductible 180 2 Stone Siding No
1993 160,000 Composition Roof 1,780 2 $2500-$5000 Deductible 400 6 Fiber-Cement Siding No
1967 100,000 Asphalt Shingles Roof 1,200 3 $2500-$5000 Deductible 130 5 Wood siding yes
1963 150,000 Composition Roof 1,680 3 $500- $1000 Deductible 250 6 Vinyl siding No
1966 100,000 Tile Roof 1,160 2 $500- $1000 Deductible 80 3 Brick siding yes
2005 120,000 Composition Roof 1,490 3 $1000-$2500 Deductible 150 4 Stone Siding yes
2001 210,000 Metal Roof 2,370 3 $2500-$5000 Deductible 120 2 Wood siding No
1977 195,000 Composition Roof 2,980 4 $1000-$2500 Deductible 550 9 Vinyl siding yes
1991 65,000 Metal Roof 910 2 $1000-$2500 Deductible 90 4 Stucco siding No
1980 215,000 Tile Roof 2,470 4 $1000-$2500 Deductible 400 7 Fiber-Cement Siding yes
1980 140,000 Membrane Roof 1,530 2 $1000-$2500 Deductible 370 9 Stone Siding No
1965 105,000 Membrane Roof 1,580 3 $1000-$2500 Deductible 360 10 Brick siding No
1964 145,000 Membrane Roof 1,644 3 $1000-$2500 Deductible 190 3 Stucco siding No

Latest Home Insurance Reviews

I would recommend Geico because they appear to offer fair coverage when compared to other companies. It has been easy to renew coverage, and they provide a discount for bundling insurance coverage.
State Farm
the main competitor are small companies or the state run system. So I'm happy I'm with a large insurance provider. I feel very confident if I need to file a claim, I won't be ripped off.
I would recommend this company. They are easy to deal with and priced competitively.
they are always there when I need them. Even if it's 3am in the morning I can call and I know they will be there
State Farm
My home insurance policy is fairly comparable to others on what they offer. They aren't the cheapest, but the cost comes with excellent service and minimal issues making claim .
I have not had any issues with Allstate. I haven't had to use any home owners insurance.
State Farm
State Farm was cheaper then my other insurance companies and was easier to deal with then my previous insurance companies. My agent calls to check up on me, something no other company did.
I have had excellent customer service with my homeowner's insurance provider. I had to file a claim for a leak in the roof and the company representatives were attentive and took care of the problem quickly.
It covers wind/hail damage, fires, lightning, theft, and it covers injuries that occur on your property and law suits against you. Which some companies did not even offer us.
Erie Insurance
Erie offers a wide range of home insurance options. I could get basic coverage, I have insurance if I decide to rent my place out as an Airbnb. The theft and natural disaster policy seemed pretty good too.
State Farm
My insurance company worked a deal through so i could afford my insurance needs. for that, i will stay with them.
State Farm
I have a tough time getting a hold of agents if i have questions. sometimes the hold time can be somewhere in the 20 min range waiting on dial tone.
State Farm
What I like the most about State Farm is their attention to customers and they are always informative.
State Farm
I don't like that State Farm drops people as clients after they file a claim. I am nervous that we will be dropped because we have a have a large claim, even though we have paid a lot more for it.
Liberty Mutual
They were always diligent about letting me know the amount that would come out and when. They always send me my policy through the mail and it is very easy to go over my selections online.
State Farm
Apart from the standard privacy agreements, we do not receive any unnecessary or excessive material from the company. Besides, we know we can call at any time and our questions will be answered - typically in minutes.
State Farm
Foremost is hands down the best insurance for mobile/manufactured homes. They are very fair in their damage assessment and generally give you the money needed to make the repairs. If for some reason there is a discrepancy, they will evaluate and generally give you the difference to make the repairs as long as it is justifiable. They are just easy to work with and their people are knowledgeable and friendly.
I wish they offered a better deal on car insurance. It would be nice to have all of our coverage in one place.
State Farm
Insurance companies are all the same. The price I got is the same I would have gotten from any other company I picked. I'm a rich white person--everyone wants my business.
I think the company provides great rates and easy to use interface. They're very approachable and clearly have a large hand in the game.
I don't dislike anything about my company. I have had nothing but good experiences since signing with them.
What I dislike about the company is the high cost. It is much higher compared to others in my area. Also, the deductibles are high.
I highly recommend Geico for home insurance needs because they have been in existence for skatey-eight years and have a clue about what they do, how to do it and who they do it for.
Amica Mutual Insurance
Amica Mutual has fantastic customer service, the best in class. They might not always be the very cheapest but you know you are get a quality insurance with a reasonable price.
State Auto
I would recommend this company because they have good policies at a reasonable price in comparison to other companies and they are friendly to work with.
Grange Insurance
I wish the payments were lower.
State Farm
They have a good website that allows me to pay easily and the rates seem to be fair. I also like getting a discount for bundling our auto insurance with them.
their phone service takes a long time to attend, and your page neesitamas information to users

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