Best and Cheapest Home Insurance in Knoxville, Tennessee (2026)

Home insurance in Knoxville costs less than the Tennessee state average. Allstate offers the city’s lowest rate at $1,676 per year, which comes in 33% below Knoxville’s average of $2,487. Even for the same coverage, insurers set different prices, so comparing quotes from several companies that provide the cheapest home insurance in Tennessee can lead to meaningful savings.

Based on MoneyGeek’s review of average annual premiums, the five most affordable home insurance companies in Knoxville are Allstate, USAA, Foremost, Erie and Auto-Owners.

*Rates are for a 2,500-square-foot home built in 2000, with $250,000 of dwelling coverage and a $1,000 deductible.

Erie dominates Knoxville's home insurance market with an impressive 4.9 out of 5 overall score. MoneyGeek's team evaluates affordability, coverage offerings and customer service reputation when determining the best homeowners insurance companies for residents.

The top five homeowners insurance companies in Knoxville are Erie, USAA, Auto-Owners, State Farm and Allstate.

*USAA membership is limited to military-affiliated individuals. Although it earned the highest MoneyGeek score, we ranked it No. 2 due to its eligibility requirements.

Your coverage limits directly determine your premium in Knoxville. Higher dwelling coverage costs more, but it'll protect you if rebuilding expenses exceed your policy limits. Foremost offers the lowest rates for basic coverage, while Allstate provides the cheapest premiums across most other coverage tiers.

Middle-aged homes offer Knoxville's lowest insurance premiums, making them the most affordable option for homeowners. Newer properties with modern safety features cost slightly more, while homes built before 1980 carry the highest rates.

Credit score has a direct effect on home insurance premiums in Knoxville. Poor credit can mean paying much more than a homeowner with excellent credit for the same coverage. Auto-Owners has the lowest rates for homeowners with excellent credit, while Allstate comes in as the most affordable option across most other credit levels. 

Insurers use credit-based insurance scores to estimate how likely you are to file a claim, which is why your credit history moves your premium up or down.

Knoxville homeowners can find affordable home insurance when they compare quotes from several insurers and choose coverage that matches their property’s risk level.

If you want lower premiums, compare quotes from several insurers and choose coverage that fits your home’s risk level to find affordable home insurance.

MoneyGeek analyzed home insurance premiums from 10 companies in Knoxville using data from Quadrant Information Services and customer satisfaction scores from J.D. Power surveys.

We collected quotes for a 2,500-square-foot home built in 2000 with $250,000 dwelling coverage, $125,000 personal property coverage, $200,000 liability coverage and a $1,000 deductible. We also gathered quotes for homes with different construction dates, coverage limits, deductibles and credit scores across multiple scenarios.