Wildfires spread quickly through wooded areas

Getting Home Insurance in Nashville

Home insurance in Nashville helps cover you in case your home burns down or is damaged by severe weather or other perils so that you won’t have to foot the entire bill for repairs or replacement. Aside from dwelling coverage, homeowner’s insurance in Nashville includes contents coverage, which protects your belongings, such as your furniture, appliances, and clothing, up to the policy limit. A policy’s  coverage characteristics also encompass loss of use/additional living expenses and liability coverage.

Additional living expenses coverage comes into play if you are forced to leave your home after a disaster while your home is being repaired or replaced. This coverage will pay for any expenses you incur that are over and above what you would normally pay for food, lodging, and storage if you need to stay in a hotel or lease an apartment in the interim. Finally, liability protection
shields you from legal fees and damages you may have to pay if someone is injured on your property and you are found to be at fault.

The average cost of a policy in Tennessee was $794, which is slightly less than the U.S. average premium of $880, according to 2009 information from the Insurance Information Institute. The rate Nashville homeowners receive will vary greatly depending on how much insurance they purchase, any endorsements they add, the deductible they select, and other factors. To make sure you are getting the best deal, Nashville residents should compare rate quotes from several different companies for identical levels of coverage.

Factors of Home Insurance Rates in Nashville

Insurance companies in Nashville will consider different qualities of your home when setting your rate. Some of the characteristics that can affect your rate include your home’s age, how your home is constructed, the quality of its roof and wiring, and if it has a garage, according to the Tennessee Department of Commerce and Insurance. In addition, homes with fire protection devices and theft deterrents installed can lead to lower rates. For example, home security systems, deadbolt locks on your doors, smoke and fire alarms, fire extinguishers, and sprinkler systems can qualify you for a discount with many companies.

Your home’s location also affects your homeowners insurance Nashville rates. For instance, if you live in a neighborhood in Nashville with higher rates of theft, burglary, and vandalism, you might receive a higher premium than in neighborhoods with less crime because it puts your insurer at higher risk of loss. Take the following Nashville crime statistics into consideration:

  Robbery Burglary Larceny-theft
2010 1,817 7,731 20,881
2009 1,971 6,318 21,113
2008 2,384 6,326 23,764

Your home’s proximity to fire hydrants and fire protection services, as well as the quality of local fire protection, can also have a big impact on your average annual home insurance cost. The good news is Nashville has a well-developed fire department. The Nashville Fire Department has multiple fire stations throughout the city that permit it to respond rapidly to home fires. The Nashville Fire Department even has resources that allow homeowners to learn the distance from their residence to the closest fire hydrant or fire station.

Home Insurance in Tennessee


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