Homeowners insurance in Tennessee is not required by the state, but it’s likely required if you have a mortgage. Even if your home is owned outright, homeowners insurance can help protect your and your family’s financial security since it helps repair or replace your home and its contents. Tennessee homeowners have numerous options for home insurance, which Reviews.com evaluated to find the best homeowners insurance companies in Tennessee. The reviews are based on average annual premiums, coverage options, discounts, third-party financial strength ratings through AM Best, and customer service ratings through the 2021 J.D. Power Claim Satisfaction study. As a result, the top providers based on our assessment are Auto-Owners, USAA, Erie, and Farmers.
Reviews.com utilized 2021 Quadrant Information Services data from Bankrate.com to evaluate the average home insurance premiums in Tennessee and a proprietary in-house methodology to compare discounts, coverage, and third-party evaluations. This methodology was used to rank and review the best home insurance in Tennessee to help you find the right coverage for your needs at the right price for your budget.
The 4 Best Homeowners Insurance Companies in Tennessee
- Auto-Owners: Best Overall
- USAA: Best for Military-Focused Coverage
- Erie: Cheapest Rates
- Farmers: Best for Discounts
Compare the Best Tennessee Homeowners Insurance Companies
|Average Annual Premiums*||AM Best Financial Strength AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.||2021 J.D. Power Claim Satisfaction J.D. Power scores are based on surveys for customer satisfaction and product quality.|
|Pin Auto-Owners||$1,297||A++ (Superior)||900/1,000|
|Pin USAA||$1,175||A++ (Superior)||905/1,000**|
|Pin Erie||$910||A+ (Superior)||869/1,000|
|Pin Farmers||$1,536||A (Excellent)||884/1,000|
*Data from Bankrate.com Based on $250,000 dwelling coverage
**USAA not officially ranked by J.D. Power due to eligibility restrictions
Auto-Owners stands out as one of the best homeowners insurance in Tennessee for many reasons. Auto-Owners offers a solid lineup of coverage options for homeowners, including specialty coverage options such as extended personal property and equipment breakdown coverage. While the average annual premiums are competitive versus other carriers, the large number of discounts means Tennessee homeowners could possibly save more on their payments.
why we chose it
Why we chose it