For Carthage residents: independent agents who compare homeowners quotes from 25+ carriers.
What home insurance costs in Carthage
The typical homeowners insurance premium in Carthage, TN is about $1,830 annually for a typical local home (typical local home value about $239,600). For a $300,000 dwelling, expect around $2,130 per year; for a $600,000 home about $2,997; and for a $1,000,000 dwelling about $3,900. Freedom Insurance Group rates are often about 36% lower — near $1,171 per year for a typical home, roughly $1,363 for a $300,000 home, about $1,918 for a $600,000 home, and around $2,496 for a $1,000,000 home.
| Dwelling Coverage Limits | Average Annual Premium (incl. Tornado, Hail & Severe-Storm Coverage) |
|---|---|
| $100,000 – $200,000 | $1,656 |
| $200,000 – $300,000 | $1,851 |
| $300,000 – $400,000 | $2,272 |
| $400,000 – $500,000 | $2,572 |
| $500,000 – $600,000 | $2,864 |
| $600,000 – $700,000 | $3,092 |
| $700,000 – $800,000 | $3,280 |
| $800,000 – $900,000 | $3,528 |
| $900,000 – $1,000,000 | $3,776 |
Band premiums are midpoints on the Carthage dwelling curve (typical local home value about $239,600). Illustrated estimates, not a quote.
Figures are 2026 market-style estimates for Carthage, TN, using a typical local home value of about $239,600. Freedom figures apply an approximate 36% savings vs the local typical premium for illustration. Your quote depends on dwelling limit, roof, deductible, claims, and carrier. Not a guarantee.
What makes Carthage, TN unique
Carthage has around 2,278 residents in Smith County.
For a smaller Tennessee place like Carthage, insurance comes down to local construction, access to fire protection, and regional storm patterns.
Local housing is a mix of single-family homes typical of the Smith County area, and replacement cost, roof age, and construction type still drive most premium differences from one house to the next.
Pricing in Tennessee often reflects tornado and severe-storm risk, with flood questions near rivers and low-lying areas.
Coverage basics for homeowners
When a covered loss hits, this limit pays to rebuild the house itself; keep it in line with current local reconstruction costs.
A detached garage, a shed, a fence, or similar buildings that stand apart from the house fall here.
This covers furniture, clothing, and everyday belongings inside the home, with special limits that can apply to higher-value categories.
When repairs after a covered claim make the house unlivable, it can cover added costs like a rental or hotel.
It responds when you are legally responsible for harm to other people or their property arising from a covered incident.
For guests injured on your property, this covers medical costs, usually without a liability claim being filed.
Common discounts for Carthage, TN homeowners
| Discount | What it means | Typical amount |
|---|---|---|
| New Home | New construction recently purchased | up to 40% |
| Age of home (5 yrs) | Newer homes | up to 26% |
| Bundle | Home and auto together | up to 25% |
| Upgrades | Electrical, plumbing, heating, roof updates | up to 20% |
| Hail-resistant roof | Class 1–4 impact roof | up to 12% |
| Claims-free | Multi-year claims-free history | up to 5% |
| Security / alarms | Monitored fire or burglar alarm | up to 4% |
| Paid in full | Pay annual premium upfront | up to 7% |
Which discounts apply and how much they are worth vary by carrier. “Up to” shows the maximum, not a guarantee.
How Carthage home insurance prices vary
Carthage homeowners are priced on several related factors that underwriters review when they build a quote. The deductible you choose and your claims history can change the final price as much as the choice of carrier, but rebuild cost, roof age and material, and storm or wildfire exposure tend to dominate.
Replacement cost comes down to a simple question: how much would it take to rebuild the house right now, with similar materials, at current labor and supply prices? Because the carrier’s maximum payout climbs with the rebuild estimate, higher estimates for Carthage homes generally raise premiums.
Frame or masonry walls, the roof covering, and how well the house is built all influence how a house performs against the wind, hail, and fire common across Tennessee, which is why construction type and roof details matter too.
Homes in Carthage with matching rebuild costs can still price differently because of location risk: storm, hail, wildfire, and crime scores that change by ZIP code and neighborhood.
A strong fire protection rating based on hydrant distance, station distance, and protection class tends to make a quote more competitive.
Claims history is still a major rating input: recent claims on the property or household tend to raise rates for Carthage renewals and new business quotes alike.
Certain companies factor in a credit-based insurance score where permitted; the stronger the score, the lower the premium tends to be.
Home-and-auto bundles in Carthage, TN
Illustrated average bundle savings, not guaranteed. Actual savings come down to the carriers and drivers involved.
| Place | 1-car bundle | 2-car bundle | 3-car bundle |
|---|---|---|---|
| Carthage, Tennessee | $160 | $240 | $340 |
Carthage homes by the numbers
ACS 2020–2024 estimates put about 996 housing units in Carthage, and homeowners occupy close to 63% of the occupied homes. Of all units, 75% are detached single-family houses and 24% are in buildings with two or more units.
NOAA’s Storm Events Database lists 9 hail reports within about 5 miles of Carthage from 2016 through 2025 (4 at one inch or more). The largest was 2 inches in June 2023.
Half of Carthage’s homes were built in or before 1965. Roughly 77% of homes predate 1980, so electrical, plumbing, and roof upgrades often come up in underwriting.
For heat, Carthage households mostly rely on utility gas (50%) and electricity (50%).
From 2000 on, Smith County has appeared in 12 major disaster declarations; the most recent is Severe Winter Storm (February 2026).
Tornado history matters here as well: NOAA recorded 6 tornadoes touching down within 10 miles of Carthage between 2016 and 2025, the strongest rated EF1 in March 2020.
By the historical record, Carthage was settled in 1789 and incorporated in 1804. The name honors Ancient Carthage. Carthage’s population went from 2,251 at the 2000 Census to 2,306 at the 2010 Census, and the Census Bureau’s July 2024 estimate is 2,266. The population has stayed fairly steady since 2000.
Earlier hail records help too: NOAA’s Storm Prediction Center counts 18 hail reports within 5 miles of Carthage between 1955 and 2015, the largest 2.75 inches on August 19, 1997. Reports of 2-inch or bigger hail number 1 in that span. The NOAA Storm Prediction Center database shows 7 tornadoes that began within 10 miles of Carthage from 1950 through 2015; the most powerful, rated F3, touched down on March 26, 1959.
Looking at neighboring communities? We also have home insurance pages for South Carthage (1 mi), Gordonsville (5 mi), and Alexandria (13 mi).
ZIP codes we serve in and around Carthage
37030
See more Tennessee coverage options
Carthage, TN homeowners quotes
Carthage residents get quotes from 25+ carriers through Freedom Insurance Group. To get started, start a free home quote on our site or call (800) 253-1482.
