Knoxville Homeowners Insurance Rate Quotes

Looking to save money on Homeowners insurance in Knoxville, TN? We can help. Simply enter your zipcode in the graphic below and hit the go button. We'll provide you with multiple quotes from the best insurance companies. All you need to do is compare the coverage and pick the best policy for you.

The average asking price for a house in Knoxville in 2007 was $157,129. In October 2008, the average price tags these properties being sold in the city is about $168,776 while the figure in December 2008 has risen to $184,900, all in all indicating that the city’s housing market remains strong. Though the prices of homes being sold in the next few months are expected to go on a downturn, housing market experts firmly believes Knoxville would not be hit as hard by the nationwide slump as other metropolitan areas in the country. It takes about 74 days for a house to be sold in the market, with the total number of sales experiencing a slight decrease in 2008 compared to 2007. Most of the properties being listed in Knoxville are resale homes, with newly constructed properties comprising only a small percentage and foreclosed properties totaling to an even smaller number. There are about equal percentage of permanent residents and renters in Knoxville, with the average rental rate determined at $667 per month.

Knoxville, Tennessee - The Marble City

Knoxville is the seat of Knox County, considered to be the third largest city in the state of Tennessee. Its population is estimated to be at 184,000, composed of a majority of White households with several other ethnic communities that render the city its unique culture and history. It is located in the Appalachian Ridge and Valley Province of the state, with part of Knoxville situated along the banks of the French Broad River as well as the Tennessee River. The city and the county were named after Henry Knox, the first Secretary of War of the country. Knoxville boasts of a number of historic structures, most of them beautifully preserved. Most of the old buildings in the area are made of marble from quarries that once contributed to and dominated the city’s economy. This led to Knoxville being formerly known as The Marble City. Another industry that was a major player in the city’s economic history was the textile industry, culminating in the closure of numerous textile and clothing mills in the 1950s. In the present times, Knoxville’s economy is largely dependent on the large high technology companies and institutes that call the city home. Among the largest employers in the city are the University of Tennessee, the Department of Energy, the Oak Ridge National Laboratory, and the National Transportation Center. Other large companies located in Knoxville are EdFinancial Services, Goody’s Family Clothing, Pilot Corporation, Bandit Lites, AC Entertainment, and Clayton Homes. In recognition to its economic development, the Forbes Magazine included Knoxville in its list of Top 10 Metropolitan Hotsports in the United States for the year 2008. Apart from the University of Tennessee, there are other institutions of higher education serving the city of Knoxville and these include the Johnson Bible College, the Knoxville College, the Fountainhead College of Technology, and the South College.

Most people stay with the same homeowners insurance company their entire life. You could be paying too much unless your insurance company has customer loyalty discounts. To save money, you should shop your rates around periodically. We can help. If you live in Knoxville, Tennessee and would like to compare your homeowners insurance rates, enter your zip code above and click the go button. We will help you find cheap homeowners insurance rates. Best of all - it's free!