Home Insurance in Tennessee, Illinois

The median home value in Tennessee is $72,200, 33% lower than the McDonough County median.

Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Tennessee was built around 1975. About 29% of homes were built before 1960, about 15 points below McDonough County's 43%.

Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Tennessee is 52% single-family homes and 48% mobile or manufactured homes.

About 52% of owner-occupied homes in Tennessee have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

About 78% of occupied homes in Tennessee are owner-occupied. The vacancy rate is 30%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

In Tennessee, 84% of homes are primarily heated with natural gas.

FEMA rates McDonough County's overall risk as Very Low, led by hail (Relatively Moderate). McDonough County had 8 active NFIP flood policies as of September 2026. See the full McDonough County home insurance overview for all FEMA hazard ratings and flood coverage details.

In Illinois, the statewide average premium for a standard HO-3 homeowners policy is $1,480 per year (NAIC, 2023 data).

Key figures

Median home value$72,200
Median year built1975
Owner-occupied share78%
Share of owner-occupied homes with a mortgage52%
Top county hazardHail (Relatively Moderate)
Active NFIP policies in McDonough County8
Home insurance premium$1,480 - statewide average (NAIC, 2023 data)
Key home insurance figures for Tennessee, IL

Nearby towns

Sources

Data last updated: 2026-09-29