Bristol Homeowners Insurance

Your Complete Guide to Bristol, TN Homeowners Insurance

Find the right homeowners insurance policy for you.

Bristol, Tennessee is known as the Birthplace of Country Music and is also home to the Bristol Motor Speedway. The city’s motto, “A Good Place to Live,” accurately describes this charming town of over 26,000 residents. Homeowners in Bristol are not immune to break-ins, fires, and severe weather that can easily damage or destroy their personal property. 

Bristol homeowners need affordable home insurance that covers their risks. Having reliable, responsive homeowners insurance means having peace of mind in the face of unpleasant events. Local independent insurance agents can help you find the best and most affordable insurance coverage for your home. An agent in or near Bristol can help you start comparing quotes today. 

Cost of Homeowners Insurance in Bristol, TN

Tennessee is the 22nd most expensive state for home insurance in the US, and the average cost of homeowners coverage in Bristol is much lower than the national average. 

  • National average yearly premium: $1,173
  • Tennessee average yearly premium: $1,149
  • Bristol average yearly premium: $802

Your home insurance rates may be higher or lower than average, depending on your home’s unique characteristics (size, location, age, value, etc.) and other risk factors (crime rate, severe weather risk) in your neighborhood. If your property’s location comes with more hazards than most, expect to pay more. You will also pay more if your home will cost more to repair or rebuild than others. 

Comparing quotes from multiple insurance companies and making sure you are maximizing your discounts is the best way to make sure you’re getting the best rate on your home insurance. A local independent insurance agent can help you do just that, and can guide you through the process to ensure you are getting the coverage you need. 

Burglary Rate in Bristol, TN

The home burglary rate in Bristol is lower than the state average but higher than the national average. 

  • Number of burglaries per 1,000 homes in the US: 4.69
  • Number of burglaries per 1,000 homes in Tennessee: 6.06
  • Number of burglaries per 1,000 homes in Bristol: 5.03

No matter where you live, you can be the victim of a home burglary, break-in, or vandalism. Your home insurance is designed to reimburse you for loss or damage following such an event. But remember, you have to pay your deductible first, and your insurance company will handle the rest. Don’t wait until it’s too late. Take precautions to protect your home from burglaries, and remember that having a home security system is one of the best ways to keep the burglars out. What’s more, homes with burglar alarms often qualify for extra discounts on home insurance.  

Catastrophic Events in Tennessee

  • Number of declared disasters in Tennessee: 69
  • Most common reasons for disasters in the state: Severe Storms and Floods
  • Average number of tornadoes per year in Tennessee: 29.1
  • Average amount of property damage per year in Tennessee: $1,153,112,000
  • 1 in 15 insured homes has a claim each year

Homeowners insurance is designed to cover you against a variety of hazards you face as a homeowner. In Bristol, fires, severe weather, and even occasional snow can cause significant damage to your home. And without home insurance, you’d have to pay for repairs on your own. There is a real threat of severe weather and flooding in Tennessee. Tornadoes can occur anywhere across the state and can wipe out your entire property. 

An insurance agent can help you review your structure and contents coverage limits so you can be sure that they are high enough to enable you to rebuild, repair, or replace if necessary. Be sure to ask your insurance agent if you need flood insurance. Flood damage is not covered by a standard home insurance policy; it must be purchased through the National Flood Insurance Program (NFIP). 

Liability Insurance for Bristol, TN Homeowners

Your home insurance policy covers your home’s structure and your belongings. It also includes liability coverage, which is designed to help you pay for a variety of expenses if you are sued for negligence. If someone is injured on your property, your liability coverage will pay for their medical expenses related to the accident. If they sue you for additional damages, your liability coverage will pay for attorney fees, court costs, and any settlements or judgments that you are required to pay to the injured party. Consider these examples of when your homeowners liability coverage is invaluable:

  • A guest in your home trips on loose carpeting and breaks her ankle.
  • Your child hits a baseball through a neighbor’s window.
  • Your dog bites a passerby.
  • You are accused of libel or slander because of something you posted on social media. 

You can learn more about liability insurance from a local independent insurance agent. You might find that you need more coverage than your home insurance policy allows. In this case, you can purchase a personal umbrella policy, which offers liability coverage beyond what is provided in your home or auto insurance policy. 

Second Home and Vacation Home Insurance

Tennessee offers a wide variety of recreation opportunities across the entire state. Perhaps you are lucky enough to own a hunting cabin or cottage on one of the state’s many beautiful lakes. If you own a second home, vacation home, or rental property, you need to ensure that you have appropriate coverage for how each property is used. 

  • Hunting cabins or lake homes may only be occupied seasonally or on weekends. These properties are often targets for thieves, and property damage that occurs while you are gone can go unnoticed for long periods and get worse. Vacant home insurance may be needed in these situations.
  • If you own a rental property or a vacation home that you rent out to tenants, landlord insurance can help you cover the specific risks you face as a landlord. 

An independent insurance agent can help you review the unique coverage needs for all of your residential properties. You can review competitive quotes to make sure you’re getting the best price. 

Why Work with an Independent Insurance Agent?

Independent insurance agents in your city can help you find a reliable and affordable home insurance policy. Independent agents aren’t tied to one company, so you can be sure you are getting honest, unbiased advice. 

Contact an agent in Bristol to start comparing customized home insurance quotes.

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http://www.naic.org/prod_serv/AUT-PB-14.pdf
https://www.census.gov
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