Tennessee Homeowners Insurance

Tennessee homeowners pay $1,212 a year for homeowners insurance on average. That's close to the roughly $1,172 national average. That puts Tennessee in the middle of the pack nationally — 21st highest of the 50 states. 2010 Nashville flood and frequent tornado outbreaks highlight the state's significant weather risk year-round. The main factors driving that number are Tornadoes, Flooding, Severe thunderstorms and Hail. Flood risk is moderate; it's worth checking FEMA flood maps for your specific address before deciding whether a separate flood policy makes sense. Homeowners insurance isn't legally mandated in Tennessee, but any mortgage lender will require it as a condition of the loan. Tennessee has no dedicated state insurer-of-last-resort program — coverage runs through the standard private market.