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Getting to know Collinwood, TN
About 973 residents call Collinwood home and lies within Wayne County.
For a smaller Tennessee place like Collinwood, insurance comes down to local construction, fire protection access, and regional storm patterns.
Housing here is a mix of single-family homes typical of the Wayne County area, but replacement cost, roof age, and construction type still explain most premium differences from one house to the next.
Pricing in Tennessee often reflect tornado and severe-storm risk, with flood considerations near rivers and low-lying areas.
Average home insurance cost in Collinwood
The typical homeowners insurance premium in Collinwood, TN is about $1,538 annually for a typical local home (typical local home value about $89,100). 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 37% lower — near $969 per year for a typical home, roughly $1,342 for a $300,000 home, about $1,888 for a $600,000 home, and around $2,457 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 Collinwood dwelling curve (typical local home value about $89,100). Illustrated estimates, not a quote.
Figures are 2026 market-style estimates for Collinwood, TN, using a typical local home value of about $89,100. Freedom figures apply an approximate 37% savings vs the local typical premium for illustration. Your quote depends on dwelling limit, roof, deductible, claims, and carrier. Not a guarantee.
Homeowners coverage basics
- Coverage A, dwelling: When a covered loss hits, this limit pays to rebuild the house itself; set it to match current local reconstruction costs.
- Other structures (Coverage B): This part protects detached features such as a garage, shed, fence, or similar buildings that are not attached to the main house.
- Personal property (Coverage C): Pays for belongings in the home: furniture, clothing, and everyday items. Higher-value categories often carry sublimits.
- Loss of use (D): Added costs of living elsewhere until repairs are done after a covered claim leaves it uninhabitable.
- Personal liability (Coverage E): Should you be held legally responsible for someone else’s injury or property damage in a covered incident, this part responds.
- Medical payments (F): Visitors’ medical expenses after an injury on your property, usually handled without a liability claim.
Savings opportunities for Collinwood, 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% |
Each carrier decides its own discounts and amounts. “Up to” shows the maximum, not a guaranteed amount.
What shapes home insurance prices in Collinwood
Several factors go into a Collinwood home premium, and underwriters review them together while pricing. Count on rebuild cost, the roof’s age and type, and storm and wildfire exposure to drive most of the price. Deductible choice and claims history may move the final premium as much as the carrier brand.
Consider replacement cost as what rebuilding would cost the house using similar materials at current labor and supply costs. Since the carrier’s top payout climbs with the rebuild estimate, larger figures for Collinwood homes usually lift premiums.
Construction type and roof details matter as well: insurers ask whether walls are frame or masonry, what covers the roof, and the overall build quality, since these factors shape how it fares in wind, hail, and fire events common across Tennessee.
Location risk rolls up storm, hail, wildfire, and crime scores that can change by ZIP code and neighborhood within Collinwood, so two homes with similar rebuild costs can still get different prices.
A strong fire protection score built on the protection class and nearby hydrants and stations tends to make the premium lower.
Claims history stays a major rating input: recent claims on the property or household tend to raise rates for Collinwood renewals and new business quotes too.
Some carriers factor in a credit-based insurance score where permitted; a better score usually means a lower premium.
Housing and weather facts for Collinwood
Collinwood’s median year built is 1965. About 80% of homes predate 1980, so electrical, plumbing, and roof upgrades often come up in underwriting.
The NOAA Storm Events Database logged 1 hail report within about 5 miles of Collinwood from 2016 through 2025; it measured at least an inch. Top size measured 1 inch in May 2025 near Collinwood.
The Census Bureau’s 2020–2024 American Community Survey counts about 471 housing units in Collinwood, and homeowners occupy about 76% of the occupied homes. By structure type, 87% are detached single-family houses and 8.9% are mobile homes.
Since 2000, Wayne County has been part of 16 major disaster declarations; the latest was Severe Winter Storm (February 2026).
The National Risk Index from FEMA shows elevated ratings for tornado (“Relatively Moderate”) in Wayne County.
Occupied homes in Collinwood are heated mostly with utility gas (54%) and electricity (45%).
Named communities and subdivisions in USGS place-name records near Collinwood include Woodlawn and McGlamery Stand. Each area can price differently because of construction era and roof condition.
Collinwood dates its official start to 1921. Collinwood’s population went from 1,024 at the 2000 Census to 982 at the 2010 Census, and the Census Bureau’s July 2024 estimate is 903. That is roughly 12% fewer residents than in 2000.
Older NOAA hail logs add more history: NOAA’s Storm Prediction Center counts 12 hail reports within 5 miles of Collinwood between 1955 and 2015, the largest 1.75 inches on March 28, 1997. The NOAA Storm Prediction Center database shows 4 tornadoes that began within 10 miles of Collinwood from 1950 through 2015; the most powerful, rated F2, touched down on March 11, 1963.
Looking at neighboring communities? See our home insurance pages for Waynesboro (10 mi), St. Joseph (17 mi), and Loretto (18 mi).
ZIP codes we cover near Collinwood
38450
Home-and-auto bundles in Collinwood, TN
Average bundle savings, illustrated, not a quote. Actual savings vary with carriers and drivers.
| Place | 1-car bundle | 2-car bundle | 3-car bundle |
|---|---|---|---|
| Collinwood, Tennessee | $360 | $430 | $620 |
Keep exploring Tennessee coverage options
Get home insurance quotes for Collinwood, TN
Freedom Insurance Group compares 25+ carriers for Collinwood residents. Phone (800) 253-1482 or request a home quote online.
