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Cheap Auto Insurance in Tennessee: Best Companies & Quotes
Best Car Insurance Companies in Tennessee
- Tennessee Farmers
- State Farm
|Tennessee Farmers||Erie||State Farm||Geico||Progressive||Nationwide|
|AM Best Financial Strength Rating||B++||A+||A++||A++||A+||A+|
|JD Power 2019 Overall Customer Satisfaction score||5/5||5/5||5/5||3/5||3/5||2/5|
|Avg Annual Premium||$407||$444||$459||$526||$599||$771|
|Consumer Reports Reader Score||N/A||86||78||78||75||N/A|
Auto Insurance Statistics in Tennessee
Auto insurance rates in Tennessee have been significantly lower than the national average for many years. Drivers in the state can benefit from having low auto insurance premiums in Tennessee when compared to other states.
Top 10 Cheapest Car Insurance Companies in Tennessee
|Rank||Company Name||Avg. Annual Premium|
|7||Direct General Insurance||$1,194|
Drunk Driving Fatalities
Drinking and driving in Tennessee just like in other states is a dangerous practice that often proves fatal. To prevent deaths from drinking and driving in Tennessee, it is necessary to avoid drinking and driving altogether. Understanding the drunk driving fatality rate can help drivers assess their level of risk on the road prior to taking out a car insurance policy. The National Highway Traffic Safety Administration has done a tally of the number of drunk driving fatalities in Tennessee vs. nationwide.
Drunk driving fatalities in Tennessee from 2013 to 2017
Teen Drinking and Driving
Teen drinking and driving is a serious concern in Tennessee that should be improved upon with help from parents as well as teachers in schools. This data shows that fewer teens in the state are driving while under the influence when compared with the rate of teens drinking and driving across the country. The below statistics compare the percentage of Tennessee drivers that are teenagers who are drinking and driving related to national averages.
Teen Drinking & Driving in Tennessee vs. Nationwide (2017)
Source: Center For Disease Control
SR-22 Insurance in Tennessee
Tennessee is one of the many states that requires risky drivers to file SR-22 policies. You may be deemed a risky driver if you have a conviction for an infraction, or you are caught performing another road offence. SR-22 policies provide direct evidence to the DMV that you are insured to a basic standard.
In Tennessee, this means that you need $25,000 of single person bodily injury coverage, $50,000 of overall bodily injury coverage, and $15,000 of private property damage coverage. Unfortunately, this can often mean that your insurance rates go up — make sure to compare multiple insurance policies before you make a decision on which policy is best for you.
Car Theft in Tennessee
Car theft in Tennessee has been dropping in recent years with only a slight increase in rates starting in the year 2014. By understanding the number of car thefts which occur on average, car insurance shoppers can get an idea of what type of car insurance to buy. Comprehensive car insurance coverage can help you to save on the price of replacing a car in the event of theft.
Vehicle thefts by rank nationwide vs. Tennessee
Uninsured Motorists in Tennessee
When a driver operates a vehicle without insurance, they risk having to pay directly for expenses when damage occurs. However, with uninsured and underinsured motorist coverage, you can stay protected even if the other drive has no auto insurance. The below data shows how well Tennessee ranks in the total number of reported uninsured motorists in the state in the year 2015.
Percentage of uninsured drivers (Top States 2015)
Source: Insurance Information Institute
When searching for cheap auto insurance in Tennessee, you’ll find there are a few factors that will impact your rates. The area in which you live can be one deciding factor, so if you live in an area with a high auto theft rate, you will pay more than when living in a “safe” neighborhood. Another varying factor that can significantly impact your auto insurance rate is your personal driving record, and possibly your credit score.
Auto insurance companies want to know that the person they are insuring is responsible, meaning you’ve had little to no traffic violations or charges such as a DUI (Driving Under the Influence) and that you pay your bills in a timely manner. If you’ve got a squeaky clean record, you’ll find yourself paying the lowest rate possible for insurance but not everyone is perfect, so we’ve found some very forgiving companies that can help you save money on your insurance premiums.
You can begin shopping for cheap auto insurance rates by entering your zip code when shopping at one of the companies below. This will give you an idea of how much each company charges based on your zip code, but a good driving record can save you even more when you supply your personal information for a quote. According to NerdWallet, you can save quite a bit by shopping around. It’s a good idea to get at least three to four quotes to ensure that you’re getting the best bang for your buck in terms of coverage, rates and any special rewards that may be offered to you later down the road such as a good driver’s discount, auto insurance student discount, having a multi-car policy or not having any claims or accidents for a certain period.
Safe Auto offers Tennessee minimum insurance requirements for the cheapest car insurance rates, according to their website, and they offer insurance to those who may have a less than perfect record which is very attractive to those who need SR22 insurance. You can also find out what the state’s minimum requirements are on their home page so you know exactly what you’re obligated to have without any browbeating or upsells of a more expensive policy. Enter your zip code to find out what your baseline rate may be. Based on an average credit score with a good driving record and no lapse in coverage in the last six months, you may only pay an annual fee of $535.
Farm Bureau Insurance of Tennesee costs good drivers with no recent at-fault accidents and no moving violations (such as a DUI) roughly $854 per year, according to NerdWallet. Of course, this is the best case scenario so if you’ve had moving violations or a recent accident that was found to be your fault, your rate may be higher; maybe near the range of almost $940 per year.
Geico seems to be another popular option when it comes to saving money on your insurance premium. Their famous slogan is that “New customers report average annual savings over $500”. This may depend upon personal deciding factors such as driving history, credit score, age and other similar details. It ranks number three on NerdWallet’s evaluation for cheapest car insurance for good drivers, coming in at $1,113 per year. This is not as cheap as other companies, but may be a good option for some.
The average cost of Tennessee auto insurance for all cities including Memphis and other famous cities can range anywhere from approximately $1,200 to $1,400 per year making the three options above look particularly attractive to those shopping around for a better-priced insurance premium. The most important factor may not only be how much your premium is, but whether or not you can save money later on if you have an accident by comparing the car insurance deductible or by saving money with customer loyalty programs.
Types of Auto Insurance Coverage in Tennessee:
- Comprehensive Insurance Coverage
- Bodily Injury Liability Insurance
- Uninsured/Underinsured Motorist Bodily Injury Insurance
- Uninsured Motorist Property Damage Insurance
- Property Damage Liability Insurance
Minimum Requirements for Car Insurance Coverage in Tennessee
There are minimum requirements for car insurance coverage in the state of Tennessee. According to the Tennessee Insurance Division, all drivers must carry at least liability insurance coverage.
Liability minimums in Tennessee:
$15,000 coverage for property damage
$25,000 coverage if an individual is injured or killed in an accident
$50,000 coverage for multiple individuals injured or killed
Source: Tennessee Insurance Division
Cheap Auto Insurance Discounts
At CheapAutoInsurance.co, we know that Tennessee drivers want to save the maximum amount on the cost of auto insurance. One of the best ways to do this is by talking to your car insurance provider about auto insurance discounts. Browse the list below to find some of the auto insurance discounts listed that can help you to save on the cost of car insurance in Tennessee.
- Anti-theft discount
- Mature driver discount
- Military or Veteran discount
- Bundling insurance policies discount
- Senior citizen discount
- Car safety features discount
- Good student discount
- Defensive driving discount
- Low-mileage discount
- Multi-car auto insurance discount
- Infrequent usage discount
General Tennessee Car Insurance
This section answers general questions about car insurance in Tennessee. Use this section to help you understand the answers in other sections.
What is considered full coverage auto insurance in Tennessee?
Full coverage in Tennessee is considered to be the state legal minimum coverage, that’s $25,000 for bodily injury per person, up to $50,000 per accident, and $15,000 for property damage liability. Learn more: What is full coverage car insurance?
Which car insurance companies do business in the state of Tennessee?
Lots of car insurance companies do business in Tennessee. Some of the most popular ones are:
- Tennessee Farmer’s Mutual
- State Farm
- Utica National
- The Cincinnati
Tennessee Car Insurance Laws
Each state writes their own car insurance laws – which means it can be confusing to understand what’s required in each state. This section answers your questions about the car insurance laws for Tennessee.
What is the Tennessee state minimum auto insurance?
The state of Tennessee requires you to have $25,000 for bodily injury insurance per person, up to $50,000 per accident, and $15,000 in property damage liability. Compare quotes to get the cheapest liability car insurance.
How long do you have to get insurance after buying a used car in Tennessee?
Most insurance companies will provide insurance coverage for 4-9 days when you buy a car. However, it’s best to change your insurance as soon as possible so you’re covered. If you need a new policy you can apply for car insurance online.
What is the lowest requirement for car insurance in Tennessee?
The lowest car insurance required in Tennessee is the state legal minimum coverage. That works out to $25,000 per person for bodily injury, up to $50,000 per accident, along with $15,000 in property damage liability.
Are you required to have auto insurance in Tennessee when you obtain your driver's license?
How to be exempt from TN car insurance law?
You can be exempt from TN car insurance requirements if you can show that your vehicle has been in storage or by paying a $65,000 bond or cash deposit with the Tennessee Department of Revenue.
How many auto insurance policies can I have on a car in Tennessee?
The state doesn’t place any limit on how many insurance policies you can have on a car in Tennessee. However, individual insurance policies may be void if you have more than one policy per car.
How long can you buy a new car without insurance Tennessee?
The state doesn’t regulate this, as you’re required to have insurance or meet the requirements to be exempt from insurance anytime you’re driving. Most insurance companies extend coverage to your new car for 4-9 days after you purchase it.
What is the law in Tennessee regarding car insurance?
Tennessee requires you to have minimum insurance limits of $25,000 per person for bodily injury, up to a limit of $50,000 per accident, and $15,000 in property damage coverage. However, you can also make a deposit of $65,000 with the state Department of Revenue to be exempt from insurance requirements.
How do show proof of high risk auto insurance in TN?
You can get proof of insurance from your insurance company. It will come as a card. Most companies will email this car to you so that you can get it right away.
What to do when you got a ticket for no insurance on a car in Tennessee?
If you get a ticket for no insurance in TN, then you’ll have 30 days to provide proof of insurance to the state DMV or have your registration suspended and face a fine.
Who can be exempt from car insurance in TN?
Anyone can be exempt from car insurance laws in TN if they have the money. You need to either deposit $65,000 or take out a $65,000 bond with the state’s Department of Revenue.
No insurance car accident but not at fault - what are my rights in TN?
This is a tricky situation, and it depends on the specifics of your case. Your best option is to talk to a lawyer who specializes in traffic accidents.
What type of insurance is required for a financed car Tennessee?
The state of Tennessee doesn’t have any additional requirements for car insurance for a financed car. However, your financer may have additional requirements as a condition of the loan. If you need coverage quick then get auto insurance online now through our form.
Who is required to have auto insurance in TN?
All you need to get car insurance in TN is a state ID, the car’s VIN, and a way to pay the bill. If you don’t own the car, then you may have to shop around for a non-owner policy.
In TN, when you own your car what insurance do you need?
You need the state legal minimum coverage if you own your car in TN. That means $25,000 per person up to $50,000 per accident for bodily injury and $15,000 for property damage liability.
When do I need to put my child on my car insurance in Tennessee?
You should put your child on car insurance as soon as they get their license. This will ensure that they comply with state law and your insurance company’s policies.
What car insurance is mandatory in Tennessee?
Car insurance isn’t actually mandatory in TN. You can pay a bond or make a deposit of $65,000 with the department of revenue to be exempt from car insurance requirements. However, for most drivers, they’ll need insurance that offers 25/50/15 protection.
When you buy a used car do you get insurance first before getting it retitled in Tennessee?
You don’t need insurance before you get a car retitled in TN, but you will need insurance before you register a car to be driven on public roads in TN.
What are the minimum medical auto insurance policy limits in Tennessee?
The minimum medical limits for a TN auto insurance company are $25,000 per person up to $50,000 per accident.
What is the penalty for not having car insurance in Tennessee?
Driving without insurance is a Class C misdemeanor in TN. You can face a fine of $300 and have your driver’s license and registration suspended.
What happens if you don't have car insurance in Tennessee?
If you don’t have car insurance in Tennessee, then you risk facing a fine of up to $300. You can also have your car towed and your registration and license suspended.
In Tennessee, how long to put new car on insurance?
The state doesn’t have any guidelines for this. However, they still require your car to be insured. Your insurance company generally provides coverage for 4-9 days after you change cars before you need to inform them of your new car.
What type of insurance is required for a financed car Tennessee?
The state doesn’t require any different insurance for a financed car in TN. The lender you’re using can require additional insurance protection as a condition of the loan though.
How long has Tennessee had car insurance law?
Tennessee was part of the second wave of states to adopt mandatory car insurance laws. They did so in the early 1970’s.
Tennessee Car Insurance Prices
The price of car insurance is what most drivers are most concerned about. This section answers your questions about car insurance prices in TN.
How much is car insurance for an 18 year old boy in Tennessee?
That depends on if they’re getting a policy of their own or going on their parent’s policy. A solo policy will cost about $5,726 on average, and goes down to about $1,040 per year on their parent’s policy. If you can find no deposit auto insurance then that will save you more money upfront.
How much does TN car insurance go up after an accident?
That depends on lots of different factors, like what tickets were issued, who was at fault, what injuries took place, etc. You’ll need to talk to your specific car insurance company for more information.
What is the average cost of auto insurance in Tennessee?
The average cost of auto insurance in Tennessee is about $737 per year, however this can change based on your driving record, address, and other factors. There are ways to reduce car insurance rates and we go into those in other articles.
How to reduce car insurance in Tennessee?
One of the best ways to reduce the cost of your car insurance in TN is to take a defensive driving class. These classes can save up to 10% on your insurance bill and usually cost less than $200. Read more about how to get cheap car insurance and save.
Why would car insurance go up in Tennessee?
Car insurance rates are going up all over the country. Your car insurance rates could go up for any number of reasons in TN. Some of the most common are tickets and changes to your credit score. Plug your specifics into a car insurance estimator to get a general idea of what your rates will be.
How much is car insurance per month in Tennessee?
Tennessee drivers pay an average of $737 per year for car insurance, which works out to about $61 per month. Compare cheap auto insurance quotes to discover what the best rates are for you in your area.
Which auto insurance companies are the most affordable in TN?
That depends on your situation. Farm Bureau Insurance has the best rates for people looking for minimum coverage, those with one at fault crash, and those with poor credit. Travelers is best for people with a clean driving record, and State Farm is the best option for low-mileage drivers. So these are just some of your options next time your car insurance renewal comes up.
What does the average driver spend per month on auto insurance in TN?
On average, a TN driver will spend about $61 per month on auto insurance, which works out to about $737 per year. Many drivers opt for pay monthly car insurance to save on up front costs.
What are cheap rates for Tennessee car insurance?
Different companies have the cheapest rates for different types of drivers. State Farm has the best option for low-mileage drivers at $907 per year. Those looking for minimum coverage get the best deal from Farm Bureau Insurance at $310 per year. You may also want to compare an Erie insurance quote as they tend to be cheap too.
How much is non-owner car insurance in Tennessee?
That depends on lots of different factors. Specifically, it will depend on who the primary driver of the car is, as that information will have the greatest effects on the rate for insurance. It is possible to get cheap non owner car insurance though.
Why is car insurance so expensive in TN?
TN Car insurance is actually cheaper than the national average. The national average is about $880 per year, and TN’s average is $737.
How much is car insurance in Tennessee?
The price of insurance in TN can change a lot based on where you live and what kind of driving record you have. However, on average, a TN driver will pay about $737 per year for insurance. Read more: How much is car insurance a month?
Who has the best auto insurance rates in Tennessee?
Drivers get better rates from different companies depending on their situation. For example, Farm Bureau of Tennessee has the best rates for minimum coverage and drivers with one at-fault accident. State Farm has the best rates for drivers with low credit.
What are the top-rated auto insurance companies in Tennessee?
The top-rated auto insurance companies in Tennessee are Farm Bureau of Tennessee Insurance, Travelers, State Farm, and Geico. Take a look at the top 10 car insurance companies.
How much is liability motorcycle insurance in Tennessee?
Liability only motorcycle generally only costs between $100 and $500 per year, depending on your bike and your driving record. To get the best motorcycle insurance rates you’ll need to compare several companies.
Tennessee Car Insurance Claims and Coverage
We’ll answer questions about car insurance claims and coverage in Tennessee in this section.
When in a car accident can you collect medical payments from both insurance companies TN?
You may be able to collect from both companies if the medical bills are higher than the limits on the at-fault driver’s policy. That will allow your under-insured driver clause kick in from your policy.
In TN, what happens if you are in an accident with no car insurance?
That depends on if you’re at fault or not. Generally, you’ll be responsible for any damages that you’re at fault for. You can also face a fine and the suspension of your registration and/or license.
How long should an insurance company provide a rental car after totaled Tennessee
The state doesn’t regulate how long an insurance company needs to provide a rental car after your car is totaled. This is up to each individual insurance company based on your policy.
How long does it take for insurance to report car electronically to TN?
Insurance companies report electronically to the state of Tennessee pretty much instantly in most cases. You’ll need to check with your insurance company to see what their reporting process is.
What do I do if someone hits my car and they have no insurance in Tennessee?
Your insurance will likely have protection for an accident with an uninsured driver. You should contact your insurance company to see what your policy will cover.
What to expect when filing an auto insurance claim in Tennessee?
You should expect a vehicle inspection and possibly a series of estimates for repairs. The insurance company may pay or reimburse you or might pay the invoice for the mechanic directly.
Other Tennessee Car Insurance Questions
This section covers Tennessee car insurance questions that don’t fit into any of our other categories.
What percentage of TN drivers don't have auto insurance?
Tennessee has the 6th highest rate of uninsured drivers in the country at 20.1%.
What considers a car to be a sports car Tennessee insurance?
Each insurance company gets to make their classification determinations independently. You’ll need to talk to your insurance company for more information. For example Grundy classic car insurance covers a sports car if it’s considered an old enough classic.
How to get car insurance in Tennessee without a driver's license?
You can get car insurance in TN without a driver’s license if you have a non-owner policy. That will let you insure a car someone else is driving. You’ll need their information when you call for the policy to get an accurate quote.
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