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Best cheap homeowners insurance in Memphis Bankrate 1 hr ago © sframephoto/Getty Images Exterior of a row of upscale townhouses with green grass Home ownership in Memphis is not as high as other parts of the country - the home ownership rate is 46.6%. For those who own their home, finding cheap home insurance in Memphis is likely important. The average cost of homeowners insurance Memphis is $2,023 per year for a $250,000 dwelling, significantly higher than the national average of $1,312. Some city residents complain that the cost of home insurance is more expensive than a mortgage. Home break-ins, flooding and tornadoes are some of the reasons home insurance costs more in Memphis, Tennessee.

United statesQuadrant information servicesNational flood insurance programGetty images exteriorState farmHome insurancePersonal propertyMedical paymentsInformation servicesஒன்றுபட்டது மாநிலங்களில்நால்வர் தகவல் சேவைகள்தேசிய வெள்ளம் காப்பீடு ப்ரோக்ர்யாம்கெட்டி படங்கள் வெளிப்புறம்நிலை பண்ணைவீடு காப்பீடுதனிப்பட்ட ப்ராபர்டீ