Your question: How much is car insurance in Memphis?

What is the cheapest car insurance in Memphis Tennessee?

Find Cheap Auto Insurance Quotes in Memphis

Rank Auto Insurance Company Average Annual Rate
1 Geico $1,068
2 The Cincinnati $1,080
3 Westfield $1,116
4 Nationwide $1,200

How much is car insurance per month in Tennessee?

Car insurance in Tennessee costs $42 per month, on average, or $498 per year. The average cost of car insurance in Tennessee is 31% lower than the national average auto insurance premium, and Tennessee ranks 15 out of 50 for the most affordable car insurance rates in the U.S.

How much is full coverage car insurance in Tennessee?

Full coverage auto insurance costs $1,875 annually, or $156 monthly, on average, in Tennessee. Tennessee drivers could find affordable full coverage insurance from State Farm.

How much is auto insurance a month?

The average cost of car insurance is $1,483 per year. That puts the average car insurance cost per month at $124. Auto insurance quotes vary widely based on individual rating factors.

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What type of insurance does USAA offer?

Insurance Products for All Your Needs

  • Auto Insurance.
  • Motorcycle Insurance.
  • Motorhome Insurance.
  • Commercial Auto.
  • Boat Insurance.
  • Classic Car Insurance.

What is a fair price for car insurance?

The national average cost of car insurance is $1,592 per year, according to NerdWallet’s 2021 rate analysis. That works out to an average car insurance rate of about $133 per month. But that’s just for a good driver with good credit — rates vary widely depending on your history.

Is car insurance cheap in TN?

Auto insurance is relatively cheap in Tennessee. The average auto insurance rate in Tennessee is $1,315 annually — 7.9% less than the national average. Your car insurance rates are impacted by factors aside from the state in which you live.

Can you go to jail for not having car insurance in Tennessee?

Tennessee wants all drivers to carry a minimum amount of car insurance. According to Tennessee state law, you may have to pay fines, surrender your driver’s license and registration, or even serve jail time if you’re caught driving without insurance. …

Who has the cheapest car insurance in Tennessee?

Drivers in Tennessee who want just the minimum coverage may want to check prices from these companies, which had the lowest average rates:

  • Grange: $186 per year.
  • Geico: $205 per year.
  • Tennessee Farm Bureau: $263 per year.
  • State Farm: $348 per year.
  • Travelers: $355 per year.

What is the minimum auto insurance coverage in Tennessee?

Tennessee drivers must carry the following required minimum car insurance coverages and limits: Bodily injury liability: $25,000 per person and $50,000 per accident. Property damage liability: $15,000 per accident. Uninsured motorist bodily injury: $25,000 per person and $50,000 per accident*

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How much is Tennessee car insurance?

In Tennessee, you can expect to pay approximately $1,345 per year for full coverage car insurance or $426 per year for minimum coverage. Car insurance in Tennessee is less expensive than the national average, which is around $1,500 annually for full coverage and about $600 per year for minimum coverage.

How can I make my insurance cheaper?

Listed below are other things you can do to lower your insurance costs.

  1. Shop around. …
  2. Before you buy a car, compare insurance costs. …
  3. Ask for higher deductibles. …
  4. Reduce coverage on older cars. …
  5. Buy your homeowners and auto coverage from the same insurer. …
  6. Maintain a good credit record. …
  7. Take advantage of low mileage discounts.

Is it better to pay car insurance monthly or every 6 months?

Whether you choose a 6-month or 12-month car insurance policy, it’s always better to pay in full. When you make monthly payments, you’ll probably be charged slightly more on your premiums and may also be subject to additional payment processing fees if you pay electronically.

Who is the cheapest car insurance company?

The Cheapest Car Insurance Companies for Most Drivers, Ranked

  • Company. Amountper year.
  • USAA. $883.
  • GEICO. $1,047.
  • State Farm. $1,235.
  • Nationwide. $1,341.
  • Allstate. $1,351.
  • Progressive. $1,381.
  • Travelers. $1,525.


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