Home Insurance in Madison County, Tennessee
Homes in Madison County carry a median value of $211,800 - 26% lower than the Tennessee median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Madison County was built around 1986. About 16% of homes were built before 1960, about 1 point below Tennessee's 18%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Madison County is 72% single-family homes, 13% apartments in buildings with 5+ units and 5% mobile or manufactured homes.
About 54% of owner-occupied homes in Madison County have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
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 Madison County are owner-occupied.
In Madison County, 47% of homes are primarily heated with electricity.
The top hazards for Madison County, per FEMA's National Risk Index, are earthquake (Relatively High), tornado (Relatively High) and strong wind (Relatively High). Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
Madison County had 221 active National Flood Insurance Program policies as of September 2026. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood 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 | $211,800 |
|---|---|
| Median year built | 1986 |
| Owner-occupied share | 62% |
| Share of owner-occupied homes with a mortgage | 54% |
| Top hazards (FEMA National Risk Index) | Earthquake (Relatively High), Tornado (Relatively High), Strong Wind (Relatively High) |
| Active NFIP flood policies (county) | 221 |
| Home insurance premium | $1,649 - statewide average (NAIC, 2023 data) |
Towns and cities
Sources
- 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)