Best Cheap Car Insurance In Tennessee 2022 – Forbes Advisor

How Much Does Car Insurance Cost in Tennessee?

Our study showed that car insurance in Tennessee costs about 11% less, on average than insurance paid by drivers in other states.

It’s important to note that not all of the top insurance companies that sell insurance to Tennessee drivers charge the same rates or provide the same amount of coverage. Factors that determine car insurance rates in Tennessee, including age, gender, safety record and credit score as well as where in the state the driver lives.

Company

Average Annual Rate

USAA

$717

Geico

$891

State Farm

$1,039

Progressive

$1,059

Travelers

$1,125

Statewide Average

$1,171

Tennesse Farmers

$1,184

Nationwide

$1,242

Farmers Insurance

$1,353

Erie Insurance

$1,454

Allstate

$1,649

Cheapest Car Insurance for You in Tennessee

Our study data shows that USAA has the cheapest car insurance rates in Tennessee, on average, with Geico close behind as the next cheapest option.

Tennessee Rates for Teen Drivers

Company

17-Year-Old Female

17-Year-Old Male

Allstate

$6,915

$7,537

Erie Insurance

$3,053

$4,043

Farmers Insurance

$6,207

$6,747

Geico

$2,195

$2,473

Nationwide

$4,098

$5,366

Progressive

$7,344

$8,177

State Farm

$2,810

$3,531

Tennesse Farmers

$2,894

$4,520

Travelers

$3,297

$4,052

USAA

$2,539

$2,714

Statewide Average

$4,135

$4,916

Our study data shows a national rate trend in which younger, less experienced drivers pay more for insurance, on average, than older drivers. Tennessee is no exception. In fact, some insurance companies in Tennessee charge teen drivers seven times more than older drivers, with Progressive charging the most and USAA and Geico charging the least.

Gender, too, is a factor. In Tennessee 17-year-old male drivers pay 17% more, on average, than 17-year-old female drivers and as much as 56% more, according to our rate study of the largest car insurance companies in the state.

Tennessee Rates for Young Adults

Company

25-Year-Old Female

25-Year-Old Male

Allstate

$1,762

$1,817

Erie Insurance

$1,690

$1,816

Farmers Insurance

$1,499

$1,636

Geico

$925

$987

Nationwide

$1,406

$1,540

Progressive

$1,376

$1,450

State Farm

$1,116

$1,284

Tennesse Farmers

$1,492

$1,602

Travelers

$1,209

$1,267

USAA

$891

$915

Statewide Average

$1,337

$1,431

In Tennessee, young adults pay thousands less for car insurance than teen drivers, and only slightly more – a few hundred dollars, on average – than older drivers. Gender also comes into play: 25-year-old female drivers pay less than their male counterparts, on average. Of the major auto insurance companies in Tennessee in our study, Allstate offers the highest rates for 25-year old male and female drivers. USAA and Geico offer the lowest rates for both men and women in this age category.

Tennessee Rates for Seniors

Company

60-Year-Old Female

60-Year-Old Male

Allstate

$1,504

$1,557

Erie Insurance

$1,250

$1,250

Farmers Insurance

$1,136

$1,237

Geico

$761

$911

Nationwide

$1,024

$1,097

Progressive

$771

$785

State Farm

$916

$916

Tennesse Farmers

$894

$918

Travelers

$943

$996

USAA

$597

$594

Statewide Average

$980

$1,026

Seniors in Tennessee pay the least for their insurance, on average, than drivers in other age categories. But, like the other age groups, 60-year-old female drivers pay less, on average, than male drivers in this age category, except for USAA and Farmers Insurance, where women pay more. Those who are insured by Erie Insurance and State Farm see equal rates, on average, for male and female drivers. In Tennessee, female drivers pay the lowest rates, on average, with USAA and Geico and male drivers with USAA and Progressive. Both men and women insured by Allstate see the highest rates, according to our study.

Tennessee Rates for Drivers With Poor Credit

Company

Average Annual Rate

USAA

$1,185

Geico

$1,353

Tennesse Farmers

$1,369

Nationwide

$1,732

Progressive

$1,752

Statewide Average

$1,977

Farmers Insurance

$2,013

Travelers

$2,028

State Farm

$2,215

Allstate

$2,742

Erie Insurance

$3,375

An applicant’s credit score and history can directly affect an individual’s insurance rates. Tennessee drivers with a poor credit score can pay 69% more, on average, than those with a good credit score. Tennessee drivers with poor credit insured by Erie Insurance pay the highest rates, on average, while those insured by USAA and Geico pay the lowest, according to our study.

Tennessee Rates for Good Drivers

Company

Average Annual Rate

USAA

$717

Geico

$891

State Farm

$1,039

Progressive

$1,059

Travelers

$1,125

Statewide Average

$1,171

Tennesse Farmers

$1,184

Nationwide

$1,242

Farmers Insurance

$1,353

Erie Insurance

$1,454

Allstate

$1,649

An individual’s driving record has a considerable impact on auto insurance rates, with the lowest rates offered to those individuals with a clean record – that is, a driving history free of moving violations, such as speeding or driving while intoxicated. USAA and Geico charge the lowest rates, on average, for Tennessee drivers with a good driving record. Good drivers insured by Allstate pay the most, according to our rate study.

Tennessee Rates After a Speeding Ticket

Company

Average Annual Rate

USAA

$853

Geico

$1,018

State Farm

$1,131

Tennesse Farmers

$1,184

Statewide Average

$1,373

Progressive

$1,397

Nationwide

$1,464

Travelers

$1,499

Erie Insurance

$1,580

Farmers Insurance

$1,757

Allstate

$1,850

Each of the largest auto insurers in Tennessee rate moving violations differently. Some insured drivers with one speeding violation pay more than drivers involved in one crash incident or a driver with one DUI. Those drivers with one speeding violation insured by Allstate pay the highest rates while those insured by USAA and Geico pay the lowest rates, according to our study.

Tennessee Rates After an Accident

Company

Average Annual Rate

USAA

$1,019

Tennesse Farmers

$1,184

State Farm

$1,223

Geico

$1,337

Travelers

$1,557

Statewide Average

$1,611

Progressive

$1,741

Nationwide

$1,942

Erie Insurance

$1,957

Farmers Insurance

$1,967

Allstate

$2,185

Only two of the auto insurers in our rankings (State Farm and Farmers) view a crash incident as more egregious than a DUI and charge higher rates. Those insured by Allstate with one crash incident on their record pay the most for insurance, on average, while those insured by USAA and Tennessee Farmers pay the least.

Tennessee Rates After a DUI

Company

Average Annual Rate

State Farm

$1,131

Progressive

$1,148

USAA

$1,350

Geico

$1,512

Travelers

$1,698

Statewide Average

$1,760

Tennesse Farmers

$1,886

Farmers Insurance

$1,887

Allstate

$2,263

Erie Insurance

$2,333

Nationwide

$2,391

In Tennessee, drivers with a DUI pay 50% more, on average, than those with a clean record. Those insured by Nationwide pay the most, on average, while a driver with one DUI insured by State Farm or Progressive pays the least.

How Much Is High Coverage Car Insurance in Tennessee?

Company

Average Annual Rate

USAA

$751

Geico

$953

State Farm

$1,100

Progressive

$1,152

Travelers

$1,193

Statewide Average

$1,241

Tennesse Farmers

$1,248

Nationwide

$1,349

Farmers Insurance

$1,439

Erie Insurance

$1,502

Allstate

$1,722

Those buying high-coverage insurance in Tennessee pay 12% more, on average, than those opting for low-coverage insurance. Drivers with high coverage pay the most with Allstate and the least with USAA and Geico.

How Much Is Minimum Coverage Car Insurance in Tennessee?

Company

Low

USAA

$692

Geico

$829

State Farm

$968

Progressive

$977

Travelers

$1,065

Statewide Average

$1,111

Tennesse Farmers

$1,136

Nationwide

$1,169

Farmers Insurance

$1,282

Erie Insurance

$1,397

Allstate

$1,594

Drivers who opt for low-coverage car insurance in Tennessee have some of the lowest rates we found. USAA and Geico offer the cheapest insurance premiums to these drivers, while Allstate is the most expensive for minimum-coverage car insurance.

Tennessee Car Insurance FAQs

Is Car Insurance Required in Tennessee?

Yes, Tennessee requires drivers to carry a minimum amount of liability insurance or a bond to show proof of financial responsibility.

Which Cars Are Required To Be Insured in Tennessee?

All drivers are required to hold either the minimum amount of auto liability insurance on their vehicles or carry a bond showing proof of financial responsibility.

When Should I Get Car Insurance in Tennessee?

You are not required to show proof of insurance to register your car in Tennessee. However, you should be prepared to get car insurance as soon as you register a vehicle.

How Much Car Insurance Do I Need in Tennessee?

In Tennessee, drivers need to show proof that they can financially cover losses in the event of a car crash. Most drivers do this by carrying liability coverage, and they are required to hold the following minimum liability insurance:

  • $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

How Much Is Car Insurance in My City in Tennessee?

Nationally, drivers who live in urban areas pay higher rates for insurance than those who live in rural areas. This holds true in Tennessee where drivers who live in Memphis and Nashville – two of the state’s largest cities – pay more for insurance than those who live in the suburban enclave of Franklin or the more rural suburb of Johnson City.

What Happens if My Car Is Not Properly Insured in Tennessee?

In Tennessee, failure to obtain proper insurance can lead to drivers being fined and/or losing the right to drive.

Is Tennessee a No-Fault State?

No. Tennessee is an at-fault state. Therefore, the driver determined to have caused a crash incident can be sued by the other drivers involved – even after an insurance company settles a claim.

Do I Need Uninsured Motorist Coverage in Tennessee?

No. Uninsured motorist coverage is not required in Tennessee.

Is Liability Insurance Required in Tennessee?

Yes. Tennessee drivers who choose to purchase auto insurance are required to carry a minimum amount of liability coverage for bodily injury and property damage.

Does Tennessee Accept Digital Insurance Cards?

Yes. Tennessee accepts digital insurance cards.

How We Created This Tennessee Car Insurance Review

At U.S. News, we’re all about helping people make life’s important decisions. Our college rankings, launched in 1983, set the standard in educational rankings. Our rankings in other fields, like healthcare, government, and the automotive sphere, help people and thought leaders make choices that make lives better. Now we’re continuing to empower you with the information you need to make the right choices for your life with our Cheapest Car Insurance Rankings.

Our Study Rates

To get comparative insurance rates for this study, U.S. News also worked with Quadrant Information Services to analyze a report of insurance rates in all 50 states from most of the largest national car insurance companies, though not every company operates in every state. Quadrant obtained publicly available rate data that car insurers file with state regulators. Our study rates are based on profiles for both male and female drivers aged 17, 25, and 60. Vehicles used include the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150, with annual mileage ranging from 6,000 and 12,000. Three car insurance coverage levels were used, as were credit tiers of good, fair, and poor. Clean driving records and records with one accident, one speeding violation, and one DUI were also used in the calculations of certain driver archetypes.

To get the study rates shown here, we computed the mean rate for male and female drivers aged 25, 35, and 60 who drive 12,000 miles per year and have medium coverage, good credit, and a clean driving record. The rates shown here are for comparative purposes only and should not be considered “average” rates available by individual insurers. Because car insurance rates are based on individual factors, your car insurance rates will differ from the rates shown here.

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