Tennessee Car Insurance

Last Updated on April 2, 2020


InsurancePanda’s facts and figures for Tennessee auto insurance

If you drive from Mountain City to Memphis, it will take nearly 8.5 hours. That’s a full day of driving while staying in just one state, but there’s plenty to see along the way so don’t go too fast. Make a pit stop in Johnson City and visit the Gray Fossil Site. You might miss Burgess Falls State Park, but don’t forget to stop in Knoxville to enjoy lunch at Famous Dave’s. And of course, you’ve got to spend a few days exploring Nashville or as it is more commonly known, “Music City.” There’s plenty to see and do within Tennessee, but just make sure your vehicle is properly insured while you’re driving from site to site. Accidents can happen at any time and Tennessee auto insurance is there to protect.

Whether you’re thinking about getting a new policy when your current one expires or you’re purchasing car insurance for the first time, there are many things about car insurance that can be confusing. You understand the minimum legal limits, how do you know exactly how much coverage you should purchase? Another issue many drivers deal with is affordability. Even if you know exactly how much coverage you need, finding an affordable quote can be difficult if you don’t know where to look. We’ve made the search for affordable insurance much easier with our quote comparison tool. Use it to find affordable Tennessee auto insurance.

Average Auto Insurance Prices in Tennessee

Everyone always wants affordable car insurance, but do you know factors are used when determining your car insurance rates? The city you live in could make a huge difference. In fact, residents of Memphis will likely pay nearly 50% more than any other Tennessee resident. This is due to the high rates of automobile accidents. The more injury and damage claims that an insurance company must pay, the more the company must charge customers. Another factor in the high insurance costs is vehicle theft. In 2010, almost 7,000 cars were stolen just in the city! If you live elsewhere, the same factors apply, although your Tennessee insurance rates may not be as high.

One of the main contributing factors is your driving record. Your profile could be exactly the same as another individual applying for car insurance, but if you’ve had several driving infractions, you can guarantee your rates are going to be higher. It’s important for anyone to shop around to find the best prices, but it’s also necessary to have a realistic viewpoint of how low your insurance rates can go. Whatever you do, don’t drive without insurance. There are legal consequences, but getting into an accident will be tough on your personal financial assets. Although it may seem like just another bill, Tennessee auto insurance is very important.

  • Current average annual auto insurance premiums in the United States: $1666.62
  • Current average annual auto insurance premiums in Tennessee: $1146.00

Most Expensive Tennessee Insurance Rates

  1. Memphis (38106): $1,474
  2. Memphis (38114): $1,473
  3. Memphis (38126): $1,464
  4.  Memphis (38109): $1,459

Least Expensive Tennessee Insurance Rates

  1. Bluff City-Piney Fla (37618): $946
  2. Blountville (37620): $946
  3. Blountville (37620): $946
  4. Blountville (37617): $946

Tennessee Minimum Auto Insurance Requirements

Tennessee law requires that you carry a minimum amount of liability insurance, but your insurance needs may extend above and beyond those amounts. Don’t assume that just because the law lists an insurance amount, it will protect you under all circumstances. In fact, rarely will the minimum liability amount cover the costs associated with a serious accident. One area where Tennessee law varies from other states is that uninsured motorist coverage isn’t required at all. You should still purchase it. Tennessee has one of the highest rates of uninsured motorists in the country and without coverage on either party’s side, everything must come out of pocket.

If you aren’t sure just what kind of policies you need or how much coverage you should purchase, contact an insurance agent that you trust. We can provide a list of reliable providers with affordable quotes.

  • Bodily Injury Liability per person: $25,000
  • Bodily Injury Liability per accident: $50,000
  • Property Damage Liability: $15,000

The following amounts and policies are recommended.

  • Bodily Injury Liability per person: $100,000
  • Bodily Injury Liability per accident: $300,000
  • Property Damage Liability: $50,000
  • Uninsured Motorist Bodily Injury per person: $100,000
  • Uninsured Motorist Bodily Injury per accident: $300,000
  • Medical Payments: $2,000
  • Collision: $500 deductible
  • Comprehensive: $100 deductible

Penalties for Driving Without Insurance in Tennessee

Even though you aren’t required to show proof of insurance when you register your car, you must be able to prove you have insurance if you’re stopped by a police officer. If you don’t want to purchase liability insurance, you can always post a cash deposit with the Department of Safety, but it may be expensive. Knowing that you can qualify for certain insurance discounts, it’s probably less expensive to purchase insurance and you’ll have more coverage as well.

If you don’t have insurance and get pulled over, you could face a fine of $100, which may not seem like much, but there are more consequences. Your license could be suspended and a hold will be placed on your vehicle registration, making it impossible to renew your car. You’ll be required to purchase insurance before you can start driving and pay associated fees to get your license and registration reinstated.

How to Get Auto Insurance in Tennessee

 Don’t waste your time scouring the internet only to come up empty-handed time and again. We’ve developed a quick process that can provide you with competitive Tennessee auto insurance quotes within minutes. Use our quote comparison tool to compare rates from local providers and find your next insurance agent.

Additional Tennessee Auto Insurance Resources

The information above is for reference material only and Insurance Panda cannot legally be held responsible for anything written above. For official information, visit these websites:

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