Home Insurance in Chapel Hill, Tennessee

Homes in Chapel Hill carry a median value of $311,100 - 11% higher than the Marshall County median.

The typical home in Chapel Hill was built around 1995. About 12% of homes were built before 1960, about 6 points below Marshall County's 17%. 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 Chapel Hill is 88% single-family homes, 5% apartments in buildings with 5+ units and 6% mobile or manufactured homes.

In Chapel Hill, about 70% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

About 86% of occupied homes in Chapel Hill are owner-occupied. The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

In Chapel Hill, 72% of homes are primarily heated with electricity.

Marshall County had 117 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is tornado (Relatively Moderate). See the full Marshall 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$311,100
Median year built1995
Owner-occupied share86%
Share of owner-occupied homes with a mortgage70%
Top county hazardTornado (Relatively Moderate)
Active NFIP policies in Marshall County117
Home insurance premium$1,649 - statewide average (NAIC, 2023 data)
Key home insurance figures for Chapel Hill, TN

Nearby towns

Sources

Data last updated: 2026-09-29