Home Insurance in Friendship, Tennessee

The median home value in Friendship is $108,000, 32% lower than the Crockett County median.

The typical home in Friendship was built around 1974. About 37% of homes were built before 1960, about 18 points above Crockett County's 19%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Friendship is 65% single-family homes, 6% apartments in buildings with 5+ units and 17% mobile or manufactured homes. The rest are 2-4 unit or other housing types.

In Friendship, about 42% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

The vacancy rate is 9%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 62% of occupied homes in Friendship are owner-occupied.

50% of homes in Friendship are primarily heated with electricity.

Crockett County had 12 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is earthquake (Relatively Moderate). See the full Crockett County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.

The statewide average premium for a standard HO-3 homeowners policy in Tennessee is $1,649 per year, according to the NAIC homeowners insurance report (2023 data).

Key figures

Median home value$108,000
Median year built1974
Owner-occupied share62%
Share of owner-occupied homes with a mortgage42%
Top county hazardEarthquake (Relatively Moderate)
Active NFIP policies in Crockett County12
Home insurance premium$1,649 - statewide average (NAIC, 2023 data)
Key home insurance figures for Friendship, TN

Nearby towns

Sources

Data last updated: 2026-09-29