Nashville Homeowners Insurance

The Zebra
Aug. 26, 2019

How to find cheap homeowners insurance in Nashville


Home insurance is a hugely important part of owning a home. It covers your dwelling — and the personal property within it — against a variety of perils, including fire, theft, vandalism, or wind damage. With the relative frequency of such perils -- and the high cost of rebuilding or repairing damages to a home -- having a home insurance policy is a sound investment.

What you pay for homeowners insurance is dependent on a number of factors. These include the following: dwelling value, value of your personal belongings, and the cost of the materials used to build your home. Location also plays a role in determining the price of your homeowners insurance policy. In areas prone to perils likefrozen pipes, hail, windstorms, or wildfires, home insurance policies may be more expensive to account for the extra risk. Find out more information about the specifics of home insurance coverage.

Finding affordable home insurance in Nashville starts with shopping around and comparing policies. Check out the below summary of average Nashville homeowners insurance premiums to ensure you start your search with as much background info as possible. It's important to remember that the cost of your homeowners insurance is often based on the coverage limits you choose as well as a variety of other factors.


Nashville, Tennessee, homeowners insurance:
  1. Rates by company
  2. Rates by coverage level
  3. Rates by ZIP code
  4. Insurance bundle discounts

Homeowners insurance in Nashville by insurance company

Homeowners insurance rates in Nashville vary from one insurance company to another. The most affordable home insurance in Nashville is Safeco offering average annual rates at just $1,402 per year. This is considerably cheaper than the city’s average homeowners premium of $1,703.

Take a look at the cheapest insurance companies in Nashville, Tennessee to find the best home policy for your needs.


AFFORDABLE HOMEOWNERS INSURANCE COMPANIES IN NASHVILLE
CompanyAverage Annual Rate
Safeco$1,402
AAA$1,420
Shelter$1,499
Allstate$1,560
Erie$1,577

Average home insurance costs in Nashville by coverage level

The amount of homeowners coverage you select has an impact on your insurance premiums. In Nashville, carrying $200K dwelling coverage costs an average of $1,198, while carrying additional coverage up to $400K costs $2,085 per year.


HOMEOWNERS INSURANCE RATES IN NASHVILLE — POPULAR COVERAGE LIMITS
Coverage LevelAverage Annual Rate
$200K Dwelling$1,198
$400K Dwelling$2,085

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Nashville home insurance prices by ZIP code

Not every area of Nashville has equal home insurance premiums. The amount of claims filed in your local area can be a factor in determining the price of your policy. Put simply, the location of your home could have a huge impact in what you pay for home insurance.

The cheapest home insurance rates in Nashville are available in 37027. In 37027, the typical home insurance policy costs $1,641 per year — $62 less than the citywide average in Nashville. The below table shows the best places to live in Nashville if you’re looking for affordable homeowners insurance.


AFFORDABLE AREAS FOR HOMEOWNERS INSURANCE IN NASHVILLE
ZIP CodeAverage Annual Home Insurance Rate
37027$1,641
37221$1,646
37215$1,657

Other parts of Nashville, however, are prone to home insurance costs that are higher on average. These parts of town could be more prone to perils such as theft, severe weather, or fires that present more risk for insurance companies. The most expensive ZIP code for homeowners insurance in Nashville is 37080, where the average annual rate is $1,772.


EXPENSIVE AREAS FOR HOMEOWNERS INSURANCE IN NASHVILLE
ZIP CodeAverage Annual Home Insurance Rate
37080$1,772
37207$1,741
37072$1,738



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Looking for a money-saving tip for insurance in Nashville? Try bundling

You might want to consider purchasing your auto and home insurance policies through the same company if you are looking to save on overall insurance costs . Bundling your homeowners and auto insurance can save you a substantial sum each month on your auto insurance bill. By bundling your policies, Nashville homeowners could see annual savings of 7% on average.


CHEAPEST AUTO INSURANCE RATES WITH HOME BUNDLE IN NASHVILLE
CompanyAvg. Annual Auto Insurance Rate (Bundle)
USAA$770
Tennessee Farmers$963
State Farm$986
Erie$1,040
Progressive$1,237

It's definitely worth considering bundling both your auto and home policies as a potential way of saving money. To speak with an insurance expert, call 855-493-9728 today.


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