Home Insurance in Cleveland, Tennessee
With a median home value of $272,200, Cleveland is close to the Bradley County median.
The typical home in Cleveland was built around 1983. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 16% of homes were built before 1960, about 3 points above Bradley County's 13%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Cleveland is 61% single-family homes, 18% apartments in buildings with 5+ units and 3% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
About 57% of owner-occupied homes in Cleveland have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Cleveland has an owner-occupancy rate of 48% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
In Cleveland, 74% of homes are primarily heated with electricity.
What's the biggest home insurance risk near Cleveland? FEMA's National Risk Index points to earthquake (Relatively Moderate) in Bradley County and Bradley County had 249 active NFIP flood policies as of September 2026. See the full Bradley County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Tennessee carries a statewide average premium of $1,649 per year.
Key figures
| Median home value | $272,200 |
|---|---|
| Median year built | 1983 |
| Owner-occupied share | 48% |
| Share of owner-occupied homes with a mortgage | 57% |
| Top county hazard | Earthquake (Relatively Moderate) |
| Active NFIP policies in Bradley County | 249 |
| Home insurance premium | $1,649 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)