Your question: Is car insurance more expensive in Tennessee?

Coverage Level Average Yearly Premium
State Minimum — Liability Only $408

Who has the cheapest car insurance in TN?

Find Cheap Auto Insurance Quotes in Tennessee

Rank Company Average annual rate
1 State Farm $361
2 Erie $363
3 Geico $445
4 Tennessee Farmers Mutual $450

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.

Why is car insurance so expensive in Tennessee?

Car insurance in Tennessee is expensive because of its high percentage of uninsured drivers–around 20% of drivers don’t have insurance in the state.. In Tennessee, you can expect to pay approximately $1,345 per year for full coverage car insurance or $426 per year for minimum coverage.

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Which state has the cheapest car insurance?

Car insurance in Louisiana is now three times more expensive than in Maine. Maine has the cheapest car insurance rate, where you will pay an average of $858 a year.

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. …

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.

What is the minimum car insurance coverage in Tennessee?

Minimum Required Tennessee Car Insurance Coverage

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* Uninsured motorist property damage: $15,000 per accident*

What is the best car insurance in Tennessee?

The 5 Best Auto Insurance Companies in Tennessee

  • Geico: Best for low prices.
  • USAA: Best for military families.
  • Erie: Best for customer satisfaction.
  • State Farm: Best overall.
  • Progressive: Best for high-risk drivers.


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.

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Why did car insurance increase 2020?

The combination of record-setting natural disasters, an uptick in distracted-driving accidents and the increasing prevalence of tech-loaded vehicles that are expensive to repair mean insurers are likely to raise rates in 2020.

What states have no car insurance?

States that don’t require car insurance. The only two states that don’t require car insurance are New Hampshire and Virginia. Drivers in Virginia can pay the state $500 a year in lieu of car insurance, but that cost does not provide coverage in the event of an accident.

What is the most expensive type of insurance?

Whole life insurance is considered to be the most expensive type of life insurance. Its premiums can be as much as five to 10 times more expensive than term life insurance premiums.

Who has the lowest car insurance?

The Cheapest Car Insurance Companies

  • Geico $1,100.
  • State Farm $1,169.
  • Travelers $1,251.
  • Nationwide $1,284.
  • Progressive $1,334.
  • American Family $1,451.
  • Farmers $1,635.
  • Allstate $1,788.


Why is progressive so cheap?

Progressive is cheap because it offers a variety of discounts and equips consumers with advanced tools to get the best rates. … Progressive also offers the Name Your Price® tool, which lets customers state their desired price for car insurance and offers a range of coverage options that fit their budget.

Did car insurance go up 2020?

Auto Insurance Increases to the Grid Rate Level

In late September, the Alberta Automobile Insurance Rate Board (AIRB) announced an increase to the current Grid rate level by fifteen per cent, effective January 1, 2020.

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