You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the adept advice and tools needed to succeed throughout life sentence ’ s fiscal travel. Bankrate ’ s editorial team writes on behalf of YOU – the proofreader. Our goal is to give you the best advice to help you make bright personal finance decisions. We follow rigid guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct recompense from advertisers, and our content is thoroughly fact-checked to ensure accuracy. indeed, whether you ’ re reading an article or a review, you can trust that you ’ re getting credible and reliable information. We value your hope. Our mission is to provide readers with accurate and indifferent data, and we have column standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you ’ re read is accurate. We maintain a firewall between our advertisers and our column team. Our editorial team does not receive target recompense from our advertisers. Bankrate follows a hard-and-fast column policy, so you can trust that we ’ ra putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right fiscal decisions. All providers discussed on our site are vetted based on the value they provide. And we constantly review our criteria to ensure we ’ rhenium putting accuracy first. Our indemnity team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most — price, customer service, policy features and savings opportunities — so you can feel confident about which provider is right for you. Bankrate follows a hard-and-fast column policy, so you can trust that we ’ rhenium putting your interests first. All of our message is authored by highly stipulate professionals and reviewed by subjugate matter experts, who ensure everything we publish is objective, accurate and worthy of your trust. Founded in 1976, Bankrate has a long track record of helping people make smart fiscal choices. We ’ ve maintained this reputation for over four decades by demystifying the fiscal decision-making summons and giving people confidence in which actions to take next. While we adhere to strict editorial integrity, this post may contain references to products from our partners. here ‘s an explanation for how we make money. This contentedness is powered by HomeInsurance.com ( NPN : 8781838 ). For more information, please see our Insurance disclosure. From the scenic highways of the Great Smoky Mountains to the gates of Graceland, Tennessee holds a life of natural and cultural attractions to explore. According to the Federal Highway Administration, Tennessee besides had more than 5.8 million register vehicles as of 2019. The average cost of car insurance in Tennessee is $1,338 for full coverage, according to Bankrate’s 2022 study of quoted annual premiums. With an increasing numeral of vehicles on the road, it is important to protect yourself financially with the best car insurance in Tennessee. Auto indemnity is an crucial separate of your fiscal health and could prevent fiscal devastation for you and your family if you cause an accident. Bankrate ’ s editorial team has reviewed multiple factors for the largest car insurers in the Volunteer State to help you decide which company could offer you the best coverage for your needs .
Best car insurance companies in Tennessee
To determine the best car insurance companies in Tennessee, Bankrate ’ s column team reviewed average quoted premiums, provided by Quadrant Information Services, from the largest policy carriers in the state by marketplace share. Bankrate ’ s own rate arrangement is based upon a 5-point scale and reflects a slant rate of the most big third-party rate agencies in the insurance diligence. The higher a company ’ sulfur Bankrate Score, the better the party rated across the rat agency. We besides compared J.D. Power customer service rankings, coverage options and available discounts. Based on our inquiry, these four major insurers are the best car insurance providers in Tennessee .
| Car insurance company | Bankrate Score | Average annual full coverage premium | J.D. Power customer satisfaction score (Southeast Region) |
|---|---|---|---|
| State Farm | 4.7 | $1,154 | 859/1,000 |
| Geico | 4.7 | $992 | 843/1,000 |
| Progressive | 4.4 | $1,287 | 828/1,000 |
| Allstate | 4.0 | $1,777 | 838/1,000 |
State Farm
submit farm has the second-lowest average annual premium for entire coverage on the list, but the highest rank for customer gratification with an impressive J.D. Power score of 859. As the largest U.S. car insurance company based on market share, State Farm has a draw to offer its customers with a wide roll of coverages and discounts. Tennessee drivers could save by insuring more than one car and bundling home and car policy together with State Farm. By practicing dependable driving habits and participating in the Drive Safe & Save plan, policyholders can save up to 30 % on their car policy. State Farm is besides financially strong, with an A++ ( Superior ) evaluation from AM Best, the highest category possible. Learn more: State Farm Insurance revue
Geico
Geico offers the lowest average annual full moon coverage premium on our list and could be a estimable choice if you are primarily concerned with finding policy to fit your budget. Geico, the nation ’ s second largest car insurance company, besides offers several electric potential discounts to help lower your premium even more, such as discounts for being a military extremity, union employee or good student. however, Geico did receive a score just below average for customer satisfaction in the 2021 J.D. Power U.S. Auto Insurance Study for the Southeast region. This may indicate that Geico falls short when handling customer ’ s overall needs. Geico is rated A++ ( Superior ) by AM Best for its fiscal potency. Learn more: Geico Insurance review
Progressive
In addition to the standard coverage types you expect from major cable car insurance companies, Progressive offers a few extras to personalize your car policy to your needs. For exercise, custom parts and equipment coverage, gap insurance and rideshare coverage are available for Tennessee drivers from the nation ’ s third base largest car insurance company. You can besides choose Progressive ’ s deductible savings bank, which reduces your comprehensive and collision deductibles by $ 50 for every policy period you do not file a claim.
unfortunately, Progressive is in the bottom grade in the 2021 J.D. Power Auto Insurance Study for the Southeast region, though some of this may be compensated for with Progressive ’ s highly user-friendly web site and the ability to file claims online. Progressive has a identical impregnable poise sheet and is rated A++ ( Superior ) by AM Best. Learn more: Progressive Insurance recapitulation
Allstate
Allstate may have the highest rates for car insurance in Tennessee on our list, but besides offers a number of ways drivers can reduce premiums, including its Drivewise usage-based telematics plan, which tracks driving habits and rewards dependable driving behaviors with up to 40 % in savings. Being a responsible payer can besides help lower car policy costs with multiple discounts for avoiding late payments, paying in full and setting up automatic payments. Allstate has a slenderly below-average J.D. Power grudge for customer satisfaction, but is besides a highly trust company as the one-fourth largest car insurance company based on market share. The company carries an A+ ( Superior ) fiscal persuasiveness rate from AM Best. Learn more: Allstate Insurance follow-up
Average car insurance cost in Tennessee
The average annual premium for minimal coverage in Tennessee is $ 371. The average annual agio for full coverage is $ 1,338 and $ 371 for minimum coverage. This is well below the home annual averages of $ 1,674 for full coverage and $ 565 for minimal coverage. This is probable due to the submit ’ s miss of heavy traffic and reduce hazard of claims, compared to more populated states with dense roadways .
| Average annual premium for minimum coverage in Tennessee | Average annual premium for full coverage in Tennessee |
|---|---|
| $371 | $1,338 |
Auto policy premiums differ depending on what state you live in. This is because each geographic location has its own particular evaluation factors. The factors influencing premiums in Tennessee and other states include the come of minimum required insurance, the likelihood of being in an accident, how severe accidents tend to be, and the likelihood of non-accident relate claims like hail damage, flood or larceny .
State minimum insurance requirements in Tennessee
Tennessee law requires drivers to obtain at least a minimum sum of liability car policy. The minimal required indebtedness limits in The Volunteer State are 25/50/15 which means you must carry at least the be amounts of these coverages :
- $25,000 for each injury or death per accident
- $50,000 for total injuries or deaths per accident
- $15,000 for property damage per accident
This is the minimum coverage required, but it will not provide enough money to repair or replace your vehicle, injuries or the funds to rent a cable car while your vehicle is being repaired. additionally, country minimum required liability levels may not be enough to pay for the damages you could cause in an at-fault accident, leaving you with substantial out-of-pocket expenses. Most indemnity professionals agree that purchasing higher indebtedness limits is advisable, if you can afford the coverage. You will probable be required to carry entire coverage insurance if you have a loan or lease on your vehicle .
How to get the best car insurance
indemnity can help provide the funds to repair or replace your vehicle following a brood incident, plus pay for medical expenses and wages lost in the event of personal bodily injury. Getting the best car insurance may mean getting extra coverage for some of these possibilities .
- Evaluate your needs: Your circumstances determine your car insurance needs, like having a teen driver to insure, a history of accidents or tickets, a desire for mobile tools or the need to keep your premium as cheap as possible. Because these rating factors often change with time — teen drivers getting older and and may move out of your house, your driving record can improve, or maybe you want to work with a local agent instead of handling your insurance online — you may want to consider reevaluating your auto insurance periodically to see if it still fits your lifestyle.
- Consider state factors: Tennessee is vulnerable to natural disasters, such as tornadoes and other severe weather events, including hailstorms and floods, which makes purchasing comprehensive insurance something to consider. Tennessee also had the third-highest percentage of uninsured motorists in the U.S. in 2019, with nearly 24% of all drivers estimated to be uninsured. To protect yourself from the financial consequences of being in an accident with an uninsured or underinsured motorist, you may want to consider purchasing uninsured and underinsured motorist coverage.
Car insurance discounts in Tennessee
Although Tennessee drivers already pay less than the national median for cable car policy, there could be ways to lower your bounty even more by taking advantage of discounts like :
- Multi-policy: Insuring more than just your car with the same carrier can result in significant savings. Bundling your auto and home insurance is a great way to save with most Tennessee auto insurance carriers. Some companies also offer bundling discounts for boat, life insurance and other policy types.
- Defensive driving: Senior drivers age 55 and older can often complete a state-approved defensive driving safety course for additional potential savings. However, some insurers offer a discount for drivers of all ages with a clean driving record. This course must be passed and the certificate submitted to the insurance company to receive the discount.
- Vehicle safety: Buying a new car with advanced safety features such as forward collision warning, blind spot warning and lane departure warning systems can also help reduce the cost of auto insurance. The more safety features your vehicle has, the less likely you are to get into an accident. The potential claims savings for the insurance company is then usually passed onto the policyholder in the form of a discount.
- Good student: Teen drivers are expensive to insure, even in Tennessee, due to their lack of experience and high accident rates. One way to lower how much you pay for car insurance for your young driver is to take advantage of discounts. With good grades in high school or college, your teen driver should be eligible for a good student discount with many auto insurers.
Discounts can be highly helpful in securing a car policy policy that is both low-cost and sufficiently meets the needs of you and your kin. It pays to take the time to understand merely how you may qualify for discounts. Since every ship’s company has its own compass of discounts, the best manner to see if you are taking advantage of all possible savings opportunities is to review your car insurance company ’ mho web site, talk to your agent or speak directly with your carrier ’ randomness customer service congressman .
Frequently asked questions
What is the best car insurance company?
The best policy companies are those that are rated highly for overall customer satisfaction, policy offerings, price, billing process and policy information, customer interaction and claims handling. ultimately, your car insurance needs are different than the coverage needs of early drivers. Understanding what you want from a company and comparing respective quotes is one of the best ways to find the right coverage for you .
How much is car insurance per month in Tennessee?
The average cost of car policy in Tennessee is $ 30.92 per month for state minimum coverage. Your monetary value for car insurance in Tennessee may differ, based on several factors, including your drive criminal record, make and model of the car you drive, coverages and city where you live .
Is Tennessee a no-fault insurance state?
Tennessee is an at-fault insurance state, which means the driver who is found at-fault for an car accident is legally and fiscally creditworthy for damages and injuries that resulted from the collision. This is why it is significant to have adequate liability limits in Tennessee because if you are at demerit in an accident, you ( or your insurance company ) will have to pay the other driver ’ randomness damages .
Does car insurance get less expensive as a car gets older?
For the most character, older vehicles are cheaper to insure, particularly because lower limits can normally be set for optional comprehensive and collision coverage. In fact, for very old vehicles, you may choose to skip this coverage entirely depending on its current market rate. There can be a little tradeoff however, because with older cars, you will probably not be eligible for electric potential discounts based on cutting edge safety features in newer cars .
Methodology
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean drive phonograph record, good credit and the pursuit full coverage limits :
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimal coverage limits, Bankrate used minimum coverages that meet each state of matter ’ sulfur requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually. These are sample distribution rates and should only be used for relative purposes .
Bankrate Scores
Bankrate Scores primarily reflect a leaden rank of industry standard ratings for fiscal lastingness ( AM Best, S & P, Moody ’ randomness ) and customer experience ( J.D. Power, NAIC ), in addition to average quote rates from Quadrant Information Services. The J.D. Power studies use include the 2020 Auto Insurance Study and the 2020 Auto Claims Study. Our Bankrate editorial team ’ s extensive inquiry and psychoanalysis provided a secondary appraisal of each insurance company ’ mho on-line and mobile resources and policy management options, which besides contributed to overall ratings .