Home Insurance in Red Bank, Tennessee
Homes in Red Bank carry a median value of $269,400 - 14% lower than the Hamilton County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Red Bank was built around 1966. About 43% of homes were built before 1960, about 20 points above Hamilton County's 23%.
The housing stock in Red Bank is 66% single-family homes and 22% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
In Red Bank, about 57% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 56% of occupied homes in Red Bank are owner-occupied.
63% of homes in Red Bank are primarily heated with electricity.
Hamilton County had 1,842 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is tornado (Relatively High). See the full Hamilton County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $269,400 |
|---|---|
| Median year built | 1966 |
| Owner-occupied share | 56% |
| Share of owner-occupied homes with a mortgage | 57% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in Hamilton County | 1,842 |
| Home insurance premium | $1,649 - statewide average (NAIC, 2023 data) |
Nearby towns
- Signal Mountain
- Walden
- Chattanooga
- Ridgeside
- Lookout Mountain
- East Ridge
- Lakesite
- Powells Crossroads
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)