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Best Homeowners Insurance in Tennessee

If you’re looking for homeowners insurance companies in Tennessee that can save you thousands in out-of-pocket repairs, consider the providers below. 

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Having a homeowners insurance policy can help you rest easy at night. You never know when the unexpected may occur, whether a natural disaster like a hailstorm damages your home or you’re a victim of theft. With a home insurance policy, you’ll be protected from those types of events and could avoid significant, unanticipated expenses.

For residents of Tennessee, homeowners insurance is available from some of the top companies in the industry. There are many home insurance companies that provide services in the state, but they can differ in terms of factors like coverage, cost, and customer service quality. Keep reading to learn about the best homeowners insurance providers in Tennessee.

Tennessee’s Top 4 Homeowners Insurance Companies

The highest-rated homeowners insurance companies in Tennessee include:

  1. Allstate: Best Overall
  2. Amica®: Best Customer Service
  3. Farmers: Most Customizable Coverage
  4. Lemonade: Best Valuable Coverage

The best homeowners insurance companies in Tennessee offer comprehensive coverage, a wide range of optional add-on endorsements, and affordable rates to their customers. Read on for our top picks for Tennessee homeowners insurance.

Compare the Best Homeowners Insurance Companies

See how the top homeowners insurance companies in Tennessee stack up on key metrics.

Comparison

Provider Visit Site Superlative Score Monthly Cost* Years in Business States Covered BBB Rating
Provider Visit Site Superlative Score Monthly Cost* Years in Business States Covered BBB Rating
Allstate Allstate.com Best Overall 98.10 $122 89 50 A+
Amica Amica.com Best Customer Service 96.60 $129 113 48 A+
Farmers Farmers.com Most Customizable Coverage 94.40 $99.49 92 50 A+
Lemonade Lemonade.com Best Valuable Coverage 83.50 $25 and up 5 27 B+

*Cost may be calculated for homes of slightly varying values

Industry-Standard Coverage

Most homeowners insurance companies offer six basic forms of protection—dwelling, other structures, personal property, loss of use/additional living expenses, personal liability, and medical payments to others. Each of the top companies in Tennessee offers these protections. You can find a breakdown below.

Coverage

Type Description
Type Description
Dwelling + other structures Covers the cost of repairing or replacing the home’s interior and exterior, in addition to any other structures on the property
Personal property Covers the replacement of personal possessions, including clothing, electronics, and furniture
Personal liability Covers attorney fees, court fees, and damages resulting from someone being injured on your property
Loss of use/additional living expenses Covers living expenses like dining and accommodations if your home is temporarily uninhabitable due to covered damage or destruction
Medical payments to guests Covers the medical expenses if someone is injured in your home

1. Allstate

As the second-largest home insurance company in the US, Allstate has strong financial backing and a solid reputation in the industry. We rank it the best overall because it has comprehensive coverage, including many customization options. Its wide range of endorsements includes electronic data recovery, identity theft protection, and more. Allstate also offers top-notch customer service, with a 24/7 call center devoted to all types of insurance questions—not limited to just claims, like some of Allstate’s competitors.

Weigh the pros and cons of Allstate below.

Pros and Cons of Allstate 

Pros Cons
Pros Cons
Extensive endorsement options to customize your policy Average customer satisfaction ratings
Second-largest homeowners insurance provider in the U.S.
24/7 customer service for all insurance questions

Plans and Pricing of Allstate

We received an instant quote for a single-family, roughly 2,200-square-foot home in Nashville, Tennessee, built in 2016 and valued at roughly $230,000. The monthly premium came out to $122.

Plans

Type of Coverage Amount of Coverage
Type of Coverage Amount of Coverage
Dwelling $233,570
Other structures $23,000
Personal property $140,000
Loss of use $23,000
Liability $100,000
Medical payments to others $1,000 per person
Deductible $1,000
Monthly Cost $122

Discounts

Allstate offers a wide variety of discounts to help you lower the cost of your premium:

  • Multi-policy
  • Early signing
  • Claim-free
  • Home alarm
  • Roof
  • Smoke-free
  • Storm shutter
  • Homebuyer
  • Easy Pay Plan
  • Age 55 and retired
  • Welcome and loyalty

Allstate Endorsements

Here is a sample of Allstate’s add-on coverage options. Homeowners insurance add-on coverages may differ from state to state, so you’ll need to check your quote to find out which ones are available in your area.

Endorsements 

Type Description
Type Description
Personal umbrella policy Increases limits of personal liability coverage and adds coverage for lost wages and legal fees
Earthquake Covers repairs or replacement of your home after an earthquake
Flood Covers repair or replacement of your home in the event of a flood (required for homeowners in certain locations)
Water backup Covers water damage caused by clogged drains or sump pump failure
Scheduled personal property Covers valuable personal belongings, including jewelry, antiques, and more
Business property Covers computers and other home office equipment or equipment from a small business run out of the home
Sports equipment Covers golf clubs, skis, bicycles, and other sports equipment
Identity theft protection Covers legal fees and others costs associated with identity theft or fraud
Green improvement reimbursement Increases coverage to upgrade appliances with more energy-efficient uses after a loss
Electronic data recovery Covers costs from recovering lost computer data
Yard and garden Covers trees, landscaping, and ornamental plantings or adds coverage for lawn equipment
Musical instruments Covers valuable musical instruments

2. Amica

Amica offers high-quality, accessible customer service. The company stands out for its Contractor Connection program, which connects you to a pre-approved contractor within as little as 24 hours to work on your repairs. You can track your project’s progress online and benefit from the contractor’s five-year workmanship warranty. Several discounts are available, along with affordable rates

Weigh the pros and cons of Amica below.

Pros and Cons of Amica

Pros Cons
Pros Cons
Extensive coverage Not available in Alaska and Hawaii
Affordable rates Does not use local agents
Contractor Connection

Plans and Pricing of Amica

Our instant quote was for a new construction, single-family, roughly 2,200-square-foot home in Nashville, Tennessee, valued at roughly $233,000. The monthly premium came out to $129.

Plans and Pricing of Amica

Type of Coverage Amount of Coverage
Type of Coverage Amount of Coverage
Dwelling $233,570
Other structures $23,357
Personal property $175,177
Loss of use $70,071
Liability $300,000
Medical payments to others $2,000 per person
Deductible $1,000
Monthly Cost $129

Discounts

Amica offers a range of discounts:

  • Multi-policy
  • Claim-free
  • E-discount
  • Autopay
  • Loyalty
  • Alarm system
  • Automatic detection devices
  • New and remodeled homes

Amica Endorsements

Amica offers a range of optional add-on protections.

Amica Endorsements

Type Description
Type Description
Personal property replacement Fully covers the replacement cost for stolen or damaged items, instead of depreciated value
Scheduled personal property Offers more extensive protection for valuable items like jewelry or antiques
Automatic dwelling coverage increase Increases coverage limits when the cost to rebuild your home exceeds what your underlying policy allows
Credit card Covers up to $5,000 if your card is used fraudulently
Water backup/sump pump failure Covers damage from water backup and sump pump failure
Computer Covers computers, tablets, smart televisions, and smartphones
Catastrophic Covers damage due to earthquakes and floods
Liability and medical payment Increases liability coverage for legal fees and medical expenses

3. Farmers

Farmers is a household name in the home insurance industry with a reputation that precedes it. Farmers made a positive impression with its claims forgiveness, waiving the surcharge if you go five or more years without filing a claim. The insurer also practices declining deductibles, meaning that every year your policy is in force, Farmers will take $50 off of your deductible.

Weigh the pros and cons of Amica below.

Pros and Cons of Farmers

Pros Cons
Pros Cons
Claim forgiveness Fewer endorsements than competitors
Declining deductibles Website lacks some key details
Available nationwide

Plans and Pricing of Farmers

Our instant quote was for a new construction, single-family, roughly 2,200-square-foot home in Nashville, Tennessee, valued at $304,000. The monthly premium came out to $129.

Plans and Pricing of Farmers 

Type of Coverage Amount of Coverage
Type of Coverage Amount of Coverage
Dwelling $304,000
Other structures $15,200
Personal property $121,600
Loss of use $30,400
Liability $300,000
Medical payments to others $1,000 per person
Deductible $1,000
Monthly Cost $99.49

Discounts

Farmers offers several discounts to lower the amount you pay for your homeowners insurance:

  • Claim-free
  • Non-smoking
  • Multi-policy
  • Protective devices
  • New home
  • Roofing materials

Farmers Endorsements

Farmers offers a few endorsements to help you round out your coverage.

Farmers Endorsements 

Type Description
Type Description
Eco-rebuild Provides extra coverage to rebuild your home with green, energy-efficient materials after a covered loss
Personal articles floater Provides additional coverage for valuables like art, collectibles, or jewelry
Identity Shield Provides coverage if your identity is stolen, up to your policy limit
Contents replacement cost Provides the full replacement cost of stolen or damaged property (not less depreciation)

4. Lemonade

Lemonade is a relatively new company, launched in 2015. It’s made an impact on the homeowners insurance industry in a short amount of time with its emphasis on technology and accessibility. In contrast to most home insurance providers, Lemonade is a peer-to-peer provider, meaning that customers are grouped into peers and pool their premiums into a collective pot. Any leftover money at the end of the year is donated to charity. Lemonade offers a convenient mobile app, and nearly a third of claims are handled in less than 10 seconds.

Weigh the pros and cons of Lemonade below.

Pros and Cons of Lemonade

Pros Cons
Pros Cons
Easy-to-use mobile app No auto insurance
Nearly a third of claims handled instantly Not available nationwide
Charitable Giveback program

Plans and Pricing of Lemonade

Our instant quote was for a single-family, new construction, roughly 2,200-square-foot home in Eureka, Calif. The premium came out to the most affordable rate of the top companies we’ve reviewed—$60.75. You can request a quote online to find out how much it would cost to cover your Tennessee home.

Plans

Type of Coverage Amount of Coverage
Type of Coverage Amount of Coverage
Dwelling $350,000
Personal property $175,000
Loss of use $105,000
Liability $300,000
Medical payments to others $1,000 per person
Deductible $1,000
Monthly Cost $60.75

Discounts

Lemonade offers several discounts:

  • Fire protection
  • Protective devices
  • Gated community
  • Multi-policy

Lemonade Endorsements

Lemonade offers a range of add-on coverages.

Endorsements 

Type Description
Type Description
Scheduled personal property Covers the cost to replace damaged or stolen valuable items like jewelry, art, and furs
Home business Covers operating a business out of the home
Earthquake Covers the cost of repairing and rebuilding structures after damage from an earthquake
Sewer backup Covers cost of damage to home after sewer backup

Our Conclusion

The top companies we chose stand out from the rest with features that set them apart, ranging from technology to customer service. Allstate is the best overall option, with comprehensive coverage, many customization options, and a 24/7 call center. Amica offers the highest-quality customer service, including its Contractor Connection feature. Farmers stands out for its declining deductibles and claims forgiveness, and Lemonade is a newcomer that made a splash with speedy technology and a charitable edge.

Before you purchase a homeowners insurance policy in Tennessee, we recommend getting a free quote from all four providers to compare coverage and pricing:

Our Methodology

The This Old House Reviews Team values accuracy, transparency, and trust. With that in mind, we created a thorough, objective rating system to score each home insurance company based on the following six factors:

  • Coverage (30)
  • State availability (7.5)
  • Customer service (15)
  • Technology (12.5)
  • Reputation (20)
  • Additional benefits (15)

Our Reviews Team has a full-time researcher who collects and regularly updates datapoints from every company to help us compare them on key factors such as coverage, service, and dependability. Read more on our methodology here.

Frequently Asked Questions

Who needs Tennessee homeowners insurance?

Although the state does not require individuals to purchase homeowners insurance, it is a good idea to purchase a policy. Homeowners insurance covers incidents that home warranties do not. If, for instance, your home is damaged or destroyed in a fire, that won’t be covered by your home warranty. Your homeowners insurance policy can save you thousands in unexpected repairs.

What other insurance companies are available in Tennessee?

We selected our top choices, but there are other worthwhile options for Tennessee homeowners insurance. We suggest you look into Liberty Mutual, State Farm, and USAA.

What is covered by Tennessee homeowners insurance?

Tennessee homeowners insurance covers the six primary industry protections—dwelling, other structures, personal property, loss of use/additional living expenses, personal liability, and medical payments to others—in addition to specific endorsements offered by each company.

To share feedback or ask a question about this article, send a note to our Reviews Team at reviews@thisoldhousereviews.com.