Shop smarter in Coalfield with an independent agency that compares carriers and explains the tradeoffs before you buy.
What makes Coalfield, TN unique
Coalfield counts roughly 2,463 residents in Morgan County.
Coalfield lacks big-city tourism headlines, so the insurance story is about local construction, fire protection access, and regional storm patterns.
The housing stock is largely single-family homes typical of the Morgan County area, and replacement cost, roof age, and construction type still account for most premium differences from one house to the next.
Tennessee home premiums often reflects tornado and severe-storm risk, with flood considerations near rivers and low-lying areas.
What homeowners pay in Coalfield
The typical homeowners insurance premium in Coalfield, TN is about $1,736 annually for a typical local home (typical local home value about $190,600). 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 42% lower — near $1,007 per year for a typical home, roughly $1,235 for a $300,000 home, about $1,738 for a $600,000 home, and around $2,262 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 Coalfield dwelling curve (typical local home value about $190,600). Illustrated estimates, not a quote.
Figures are 2026 market-style estimates for Coalfield, TN, using a typical local home value of about $190,600. Freedom figures apply an approximate 42% savings vs the local typical premium for illustration. Your quote depends on dwelling limit, roof, deductible, claims, and carrier. Not a guarantee.
Home insurance coverage basics
- Coverage A, dwelling: Rebuilding funds for the home itself after a covered loss. Set it to follow local rebuilding prices.
- Other structures (B): It covers detached features such as a garage, shed, fence, or similar buildings that sit apart from the main house.
- Personal property (C): It protects furniture, clothing, and everyday belongings inside the home, with special limits that may apply to higher-value categories.
- Loss of use (Coverage D): Temporary housing and related costs during repairs after a covered claim forces you out.
- Personal liability (E): Protection when the law holds you responsible for injuries to others or damage to their property arising from a covered event.
- Medical payments (Coverage F): It can help pay guest medical bills for injuries that happen on your property, often without needing a formal liability claim.
Ways to cut the premium in Coalfield, TN
| 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% |
Each carrier chooses its own discounts and amounts. “Up to” is the high end, not a promise.
Home insurance price factors in Coalfield
Pricing for a Coalfield home rests on a set of interlocking factors that underwriters review side by side. Deductible choice and past claims can change the final price as much as the choice of carrier, but rebuild cost, the roof’s age and material, and local storm or wildfire risk typically matter most.
Replacement cost is what it would take to rebuild the home with similar materials at today’s labor and supply prices. Larger rebuild estimates for Coalfield properties generally raise premiums since the carrier’s maximum payout increases with that figure.
Construction type and roof details matter as well: underwriters check frame versus masonry construction, what covers the roof, and how solidly the home is built, since those details decide how it fares in wind, hail, and fire events common across Tennessee.
Location risk rolls up storm, hail, wildfire, and crime scores that can vary by ZIP code and neighborhood within Coalfield, so two homes with similar rebuild costs might still quote differently.
Underwriters grade fire protection using the local protection class and how far away hydrants and stations are; better protection often brings a better rate.
Underwriters review claims history carefully; recent claims tied to the home or the people in it can push Coalfield renewals and new quotes higher.
Credit-based insurance score, where state rules allow it, is another input; stronger scores usually correlate with lower prices when the carrier uses it.
Local housing and storm data: Coalfield
ACS 2020–2024 estimates put about 1,050 housing units in Coalfield, and homeowners occupy close to 89% of the occupied homes. Of all units, 72% are detached single-family houses and 28% are mobile homes.
Home heating in Coalfield runs mainly on electricity (56%) and utility gas (40%).
Tornadoes are part of the picture too: NOAA recorded 1 tornado starting within 10 miles of Coalfield in 2016–2025, the most intense an EF1 in May 2025.
The median home in Coalfield was built in 1993. Ages are mixed: 29% date from before 1980 and 24% were built in 2010 or later.
NOAA’s Storm Events Database lists 1 hail report within about 6 miles of Coalfield from 2016 through 2025; it measured at least an inch. Top size measured 1 inch in April 2025 near Union.
Named places the USGS records in and around Coalfield include Corbin Hill, Blue Gem, Coal Hill, Winslow, Blair, and Stephens. Each area can price differently because of construction era and roof condition.
Since 2000, Morgan County has been part of 9 major disaster declarations; the latest is Severe Winter Storm (February 2026).
The National Risk Index from FEMA shows elevated ratings for strong-wind (“Relatively Moderate”) in Morgan County.
Earlier hail records help too: SPC data show 8 hail reports within 5 miles of Coalfield between 1955 and 2015, the largest 1 inch on June 30, 2006. Federal tornado records from NOAA’s Storm Prediction Center list 3 tornadoes that began within 10 miles of Coalfield from 1950 through 2015; the most powerful, rated F3, touched down on November 10, 2002. NOAA ties that tornado to 7 deaths and 28 injuries.
Looking at neighboring communities? See our home insurance pages for Oliver Springs (6 mi), Harriman (9 mi), and Oak Ridge (9 mi).
Coalfield-area ZIP codes we insure
37719 · 37748 · 37840
Bundling home and auto in Coalfield, TN
These are illustrated averages for bundling, not a promise. Actual savings vary with the carrier and the drivers.
| Place | 1-car bundle | 2-car bundle | 3-car bundle |
|---|---|---|---|
| Coalfield, Tennessee | $258 | $468 | $632 |
Keep exploring Tennessee insurance resources
Price homeowners coverage for Coalfield, TN
Freedom Insurance Group checks 25+ carriers for Coalfield households. To get started, start a free home quote online or dial (800) 253-1482.
