I’m sure you can agree that it can be a hassle trying to find the best homeowners insurance in Tennessee.
But guess what, you’re in luck:
Not only can buying homeowners insurance be extremely simple, but the best homeowners insurance company in Tennessee also allows you to apply online for coverage in minutes.
In today’s post, I will cover which insurance company is the best for homeowners in TN, how their product works, as well as how to get Tennessee home insurance quotes online.
In This Article
What Does Homeowners Insurance Cost in Tennessee
The average annual premium in Tennessee is - $1,185
How We Chose The Best Home Insurance In TN
One of the largest investments you will ever make will come in the form of purchasing your home.
Unfortunately most of us don't do any shopping when it comes to a homeowners insurance policy but we shop for things that don't require anywhere as near of an investment.
To make things easier for you we found the best home insurance provider in the state of Tennessee based on a few factors:
While no two policies are the same, we based everything off of the baseline coverage options along with the other above factors to choose the best home insurance company in Tennessee.
Why Hippo Is The Best Home Insurance In Tennessee
Along with be the fastest and easiest way to purchase homeowners insurance in Tennessee, Hippo is also one of the most affordable. Check out our quick product review below:
About Hippo Home Insurance
Hippo is the newest entrant into the home insurance world but is backed by TOPA Insurance company.
As of today TOPA has an A- (Excellent) rating with A. M. Best.
Hippo believes that great homeowners insurance should be affordable, smart, convenient, and fast.
Hippo wants to make sure that you are able to get a homeowners insurance policy that covers you for the most relevant things today.
A Free (Roost Water Leak Sensor) With Every Policy
With every policy Hippo offers a free Roost water leak sensor that has a value of $50.00. According to Roost, you can outsmart water with their smart water leak and freeze detector. The way it works is that you place it anywhere the potential for flooding or leaking exists and if it senses water it will send an alert to your smart phone.
Simply Insurance Thinks
Hippo has come out of the gates swinging at its competitors with on average 25% lower premiums. They also have a much faster application and approval process which doesn't require an agent to complete. Hippo is the best answer if you need fast quotes and fast coverage.
Want to learn more? Check out our complete Hippo Homeowners Insurance Review.
Why Is Homeowners Insurance In Tennessee Different?
According to the Insurance Information Institute, the average homeowners insurance policy in Tennessee is going to cost about $1,185.00 per year in premiums.
This amount is right around the national average for home insurance premiums.
In Tennessee you are going to be facing things like tornadoes and in certain parts of TN you could even be dealing with earthquake concerns.
It still make sense to go with a company like Hippo that starts with on average 25% lower in monthly premiums.
Homeowners Insurance Tennessee Survival Guide
The cost of your home insurance is going to be determined by the levels of coverage that you purchase as well as the value of your home, and the part of Tennessee that you live in.
We put together this quick survival guide so that you are prepared if anything were to happen to your home:
Know Your Deductibles (Wind & Hail or Hurricane)
Hippo offers separate deductibles for both their Wind & Hail and Hurricane coverage, so it is extremely important to know what each deductible will be for each type of covered loss.
The reason this is important is because all the deductibles have to be paid separately.
If you paid your General deductible for the year, and your home is damaged by Wind or Hail, you will need to pay that deductible in full before the insurance company will cover the rest.
Have An Inventory Of Your House Somewhere
I found this nifty Home Inventory Checklist(PDF) online that everyone should print out and use.
You are able to go room by room and record each item along with the price and purchase date.
A list like this is important when it comes to filing figuring out what has been lost and especially for filing a claim.
Keep in mind that number 6, nationwide on home insurance claims was Theft, so having an itemized list of your things is an awesome idea.
Have A Plan & A Survival Kit
If you have watched the most recent episodes of 911 (shout out to Angela Bassett), then you would have seen the whole "Earthquake" series of episodes.
The biggest thing that stood out was that her family had Survival Kits, the only thing they were missing was a designated location to meet up at.
That's going to be just as important if a disaster strikes.
Also, try to keep a copy of all your important documents in your Survival Kit or somewhere online.
How To Find The Best Homeowners Insurance In TN
As with anything, once you know how a product or service works, the next question is where do you find it and how to buy your home insurance.
When it comes to buying homeowners insurance in Tennessee there are only two places you should search:
Buying online through a site like ours is going to be one of the best places to find homeowners insurance quotes in Tennessee.
When you shop online, you are able to get the fastest quotes and easy Tennessee homeowners insurance comparisons.
When you shop online for coverage, you give yourself the ability to buy at your own pace, and you can usually get quoted and covered in minutes not days.
As stated earlier you also can get much lower rates by going with companies like Hippo that send more savings to customers.
Through An Agent
Speaking with an agent is also a great option to find Tennessee homeowners insurance information and get covered.
If you find yourself wanting to be hands off and have someone to guide you through the process, then there is no better option for you.
IN THIS ARTICLE
We have to stop taking what the mortgage lenders or real estate agents suggest when it comes to getting homeowners insurance in Tennessee.
As I stated above according to Hippo, during their recent study over 70% of people indicated they do no research or shopping around when it comes to homeowners insurance.
This is the worst number ever, and you should not be a part of that 70+ percent of people.