Home Insurance in Montgomery County, Tennessee
The median home value in Montgomery County is $280,200, close to the Tennessee median.
The typical home in Montgomery County was built around 1998. About 8% of homes were built before 1960, about 9 points below Tennessee's 18%. 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 Montgomery County is 76% single-family homes, 12% apartments in buildings with 5+ units and 4% mobile or manufactured homes.
70% of owner-occupied homes in Montgomery County carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 62% of occupied homes in Montgomery County are owner-occupied.
75% of homes in Montgomery County are primarily heated with electricity.
FEMA's National Risk Index lists earthquake (Relatively Moderate), tornado (Relatively High) and strong wind (Relatively High) as the leading hazards for Montgomery County. Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy. As of September 2026, Montgomery County has 294 active NFIP flood policies on file.
In Tennessee, the statewide average premium for a standard HO-3 homeowners policy is $1,649 per year (NAIC, 2023 data).
Key figures
| Median home value | $280,200 |
|---|---|
| Median year built | 1998 |
| Owner-occupied share | 62% |
| Share of owner-occupied homes with a mortgage | 70% |
| Top hazards (FEMA National Risk Index) | Earthquake (Relatively Moderate), Tornado (Relatively High), Strong Wind (Relatively High) |
| Active NFIP flood policies (county) | 294 |
| 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)