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Best Nashville Homeowners Insurance Quotes (2025)

Westfield offers some of the cheapest homeowners insurance policies in Nashville, with annual premiums averaging $1,099.

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Nashville homeowners pay an average of $2,324 per year for $300,000 in coverage with a $1,000 deductible. This is slightly lower than the state average of $2,470 and the national average of $2,377.

Major risks to homeowners in the state of Tennessee include tornadoes, earthquakes, and flooding. Insurance companies may cover some property damage associated with tornadoes. But if you want protection against earthquakes and flooding, you’ll likely need to purchase an add-on policy.

Here’s what you should know about comparing home insurance quotes and finding coverage in Music City.

Quick Facts

  • Westfield, Allstate, Erie, and Auto-Owners offer some of the cheapest home insurance in Nashville.

  • Tennessee sees an average of 31 tornadoes per year.1

  • Western Tennessee is situated in the New Madrid Seismic Zone (NMSZ), putting residents at a higher risk for earthquakes.

Best home insurance companies in Nashville

Nashville homeowners have access to many quality home insurance companies. Each insurance company uses a different calculation to determine monthly premiums. The company that’s right for you will depend on your unique situation, needs, and budget.

The following table highlights some of the best home insurance companies in Nashville.

  • Our editorial team spent more than 350 hours developing the Insurify Quality (IQ) Score and scoring insurance companies. The IQ Score objectively analyzes and calculates a score for insurers using more than 15 crucial criteria. The team weighted criteria by importance to the consumer — factors such as customer reviews and affordability influence the score more than availability and third-party ratings.

    We rate each company on a 1 to 10 scale based on five categories: financial ratings, customer satisfaction, affordability, customer support and transparency, and availability. Insurify updates ratings once a year or as more recent information becomes available.

    • Third-party financial ratings: Insurify uses data from AM Best, S&P, Moody’s, and more to compare insurance companies’ credit and ability to pay out future claims.
    • Customer satisfaction: To calculate this score, Insurify analyzed more than 55,000 customer reviews across 155 car insurance companies. We also consider third-party ratings from J.D. Power, the National Association of Insurance Commissioners, and Trustpilot.
    • Affordability: Our data scientists analyzed more than 90 million real-time auto insurance rates from our partners across the U.S., as well as available discounts, to calculate an affordability score.
    • Customer support and transparency: This measures coverage options, ease of claims filing, and the insurer's transparency surrounding discounts, coverages, and claims process.
    • Availability and reach: Insurify scores availability and reach by identifying the number of states in which insurers offer coverage and company size by market share.

Cheapest rates: Westfield

Best insurer for flood insurance: Allstate

Best insurer for replacement cost coverage: Erie

Best insurer for mortgage-free homeowners: Auto-Owners

Cheapest home insurance in Nashville

A variety of factors influence the cost of home insurance, including the age of your home, type of insurance, ZIP code, credit history, and claims history. Westfield offers Nashville homeowners the cheapest insurance, at an average monthly cost of $92 for $300,000 of dwelling coverage.

You can find additional cheap home insurance options in the table below.

Cost of homeowners insurance in Nashville

The average cost of homeowners insurance in Nashville is $2,324 per year, or $194 per month, for $300,000 in dwelling insurance with a $1,000 deductible. But many factors can affect the cost.

In Nashville, the cost of homeowners insurance coverage can vary based on the type of materials used to construct your home, the age of your home, and whether you live in an area prone to natural disasters. Comparing multiple homeowners insurance companies can help you find the one that’s right for you.

Cost of homeowners insurance by dwelling coverage amount

Dwelling insurance covers the structure of your home and is part of a standard homeowners insurance policy.2 Dwelling coverage often includes detached structures, such as a garage or deck.

When purchasing dwelling insurance, you want to make sure you have enough to cover the cost of rebuilding your home. If you require a larger coverage limit, you’ll pay a higher rate.

The table below shows the average annual premium for different coverage limits for Tennessee home insurance policies with a $1,000 deductible.

Cost of homeowners insurance by deductible

A homeowners insurance deductible is the amount of money you’re responsible for paying before your insurance coverage kicks in. Generally, choosing to pay a higher deductible can result in a lower monthly premium.

An easy way to save money on insurance is by raising your deductible. Before raising your deductible, make sure you can afford to pay it if you have to file a claim.3

See how the deductible amount you choose can change your average annual premium in Nashville in the table below. Rates shown are for policies with $300,000 in dwelling coverage.

How to get cheap homeowners insurance in Nashville

If you’re trying to keep your homeowner insurance premium as low as possible, here are some things you can do:

  • Increase your deductible. Raising your deductible from $500 to $1,000 can save you as much as 25%. If you live in an area prone to natural disasters, your insurance company might require you to have a separate deductible to cover associated losses. For example, since Tennessee is prone to tornadoes, some insurance companies might require a separate deductible for wind damage.4

  • Bundle your insurance. Many insurance companies offer discounts ranging from 5%–15% off your premiums if you bundle multiple policies. You can bundle your home, auto, or liability coverage to save.

  • Make your home more secure. Your insurance company may give you a discount of at least 5% if you have safety features like smoke detectors or an alarm system. If you install more advanced safety and security features, like a sprinkler system, your premium could drop by as much as 15%–20%.

  • Improve your credit. Insurance companies in Nashville can use your credit history when calculating your insurance premiums. Generally, a higher credit score can help lower your insurance costs.

  • Comparison shop. Insurance premiums can vary between companies. This means you can save money simply by getting home insurance quotes from multiple companies before you make a decision.

  • Look for discounts. You can increase your savings by looking for companies that offer different discounts. For example, some insurers offer loyalty discounts or discounts for purchasing a new home.

Tennessee homeowners insurance rates by city

Homeowners insurance rates in Tennessee can vary between cities and ZIP codes within a city. Different areas in the state have unique risks that can affect your premiums.

Some factors that influence the rate of homeowners insurance in Tennessee include proximity to a fire station, the rate of neighborhood theft, and the risk of tornadoes, earthquakes, and flooding in your area.

How much homeowners insurance do you need in Nashville?

If you have a mortgage, your lender will require you to purchase a home insurance policy. How much homeowners insurance you need generally depends on the amount you’d need to rebuild your home, replace your belongings, and cover the cost of living outside your home if a fire or disaster damages it. The price you paid for your home could be higher or lower than the cost to rebuild.

Most standard insurance policies include the following types of home insurance coverage:

To ensure you have enough protection, make sure you understand exactly what your home insurance policy covers.

What are some of the biggest risks when owning a home in Nashville?

Homeowners in Nashville face several risks, including:

Many states where homeowners find it difficult to insure high-risk properties through private insurance provide access to a FAIR (Fair Access to Insurance Requirements) Plan. But Tennessee doesn’t participate in this program.

Nashville homeowners insurance FAQs

If you’re shopping for home insurance in Nashville, this additional information may help as you research which policy is best for you.

  • How much is home insurance in Nashville?

    Home insurance in Nashville costs $2,234 per year for a policy with $300,000 in dwelling coverage and a $1,000 deductible, Insurify data shows. But your rates will depend on many factors, including your ZIP code, the age of your home, the square footage of your home, and the coverage levels you choose.

  • Which company has the cheapest homeowners insurance in Nashville?

    Westfield has the cheapest homeowners insurance in Nashville, with annual rates of $1,099. American National and Allstate also offer affordable coverage, with respective annual premiums of $1,267 and $1,417.

  • Does Nashville require homeowners insurance?

    No. Nashville doesn’t require homeowners insurance, but if you have a mortgage on your home, your lender will require you to have it to protect its asset. Home insurance protects you financially if something damages or destroys your home and you have to make extensive repairs or rebuild.

  • Which homeowners insurance company has the highest customer satisfaction?

    Erie Insurance earned J.D. Power’s top customer satisfaction rating in the 2023 U.S. Home Insurance Study. The insurer writes policies in 12 states, including Tennessee, so it’s worth considering if customer service is important to you.

Jessica Martel
Jessica Martel

Jessica is a freelance writer, professional researcher, and mother of two rambunctious little boys. She specializes in personal finance, women and money, and financial literacy. Jessica is fascinated by the psychology of money and what drives people to make important financial decisions. She holds a Masters of Science degree in Cognitive Research Psychology.

Jessica has been a contributor at Insurify since July 2023.

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