How Much Does Memphis, TN Home Insurance Cost?
Memphis, TN Average Homeowners Insurance Cost
$847
Homeowners Insurance Cost - Memphis, TN
$94,200
Median Home Value - Memphis, TN
Memphis, TN Homeowners Insurance Cost Based on Deductible
| Deductible | Home Insurance Cost Discount | Homeowners Insurance Cost |
|---|---|---|
| $500 Deductible | -$10.16 | $836.84 |
| $1000 Deductible | -$89.95 | $757.05 |
| $1500 Deductible | -$134.33 | $712.67 |
| $2000 Deductible | -$200.06 | $646.94 |
| $2500 Deductible | -$238.85 | $608.15 |
Memphis, TN Homeowners Insurance Cost by on Age of Home
| Age of Home | Home Insurance Cost Discount/Excess | Home Insurance Cost |
|---|---|---|
| Newly Constructed Home | -$195 | $652 |
| 30 year old | +$13 | $860 |
| 40 year old | +$22 | $869 |
| 50 year old | +$32 | $879 |
| Above 50 year old | +$41 | $888 |
Memphis, TN Homeowners Insurance Cost Based on Construction Type of Home
| Construction Type | Home Insurance Cost Savings | Home Insurance Cost |
|---|---|---|
| Fire Resistive | -$102 | $745 |
| Superior | -$76 | $771 |
| Masonry | -$42 | $805 |
| Brick | -$42 | $805 |
| Hail Resistant Roof | -$25 | $822 |
Memphis, TN Homeowners Insurance Cost for Homes with Swimming Pools
| Type | Homeowners Insurance Cost Increase | Homeowners Insurance Cost |
|---|---|---|
| Owning A Swimming Pool | +$17 | $864 |
| Swimming Pool With A Diving Board | +$42 | $889 |
| Swimming Pool With Slide | +$51 | $898 |
Memphis, TN Homeowners Insurance Discounts for Homes Near Public Safety Departments
| Type | Homeowners Insurance Cost Savings | Homeowners Insurance Cost |
|---|---|---|
| Fire Station | $25 | $822 |
| Police Department | $8 | $839 |
Memphis, TN Homeowners Insurance Percentage Increase Based on Claims Filed
| Type of Claim | Homeowners Insurance Cost Increase | Homeowners Insurance Cost |
|---|---|---|
| Filing a Second Fire Claim | +$355.74 | $1,203 |
| Filing a Second Liability Claim | +$321.86 | $1,169 |
| Filing a Second Theft Claim | +$321.86 | $1,169 |
| Filing a Second Water Claim | +$279.51 | $1,127 |
| Filing a Fire Claim | +$169.4 | $1,016 |
| Filing a Liability Claim | +$160.93 | $1,008 |
| Filing a Theft Claim | +$160.93 | $1,008 |
| Filing a Water Claim | +$135.52 | $983 |
| Filing a Weather Claim | +$135.52 | $983 |