Average cost of car insurance in Tennessee for 2021

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Tennessee drivers are required to carry a minimum amount of car insurance in order to legally get behind the wheel. The average cost of car insurance in Tennessee is $1,338 for a full coverage policy and $371 for a minimum coverage policy. However, you might pay more or less than the statewide average rate based on a number of individualized factors.

How much does car insurance cost in Tennessee?

Every driver pays a slightly different rate for car insurance. Tennessee car insurance rates are based on a number of factors, including the insurance company you choose, the city you live in, your age and your driving record.

Fortunately, car insurance rates in Tennessee are cheaper than the national average premium. For comparison, the average cost of car insurance in the United States is $1,674 per year for a full coverage policy and $565 per year for a minimum coverage policy.

Compared to the national average rate, the average Tennessee driver pays $336 less for full coverage insurance and $194 less for minimum coverage insurance.

Tennessee car insurance rates by company

There are dozens of car insurance companies in Tennessee, and every provider charges a different rate. If you are looking for the cheapest car insurance in Tennessee, compare quotes for the type and amount of coverage you need before you choose a provider. The table below includes some of the biggest and most popular car insurance companies in Tennessee, and their average annual minimum and full coverage premiums.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
Geico $220 $992
Grange $227 $966
Tennessee Farmers Mutual $299 $1,222
USAA $310 $1,116
State Farm $328 $1,154
Safe Auto $341 $1,672
Erie $343 $1,629
Travelers $365 $1,052
Celina $369 $1,422
Nationwide $392 $1,219
Progressive $400 $1,287
Chubb $420 $1,808
Allstate $505 $1,777
MetLife $582 $1,521

Tennessee car insurance rates by city

Not only do car insurance rates vary by state, but the city you live in will also affect your rate. Car insurance is more expensive in certain cities based on the number of uninsured drivers, crime rates, weather risks and more. The table below highlights the average car insurance rates in Tennessee in the top 20 most populated cities.

City Average annual premium for full coverage % difference from state average annual premium
Memphis $1,689 26%
Nashville $1,345 1%
Knoxville $1,304 -3%
Chattanooga $1,300 -3%
Murfreesboro $1,257 -6%
Clarksville $1,288 -4%
Franklin $1,256 -6%
Jackson $1,364 2%
Antioch $1,374 3%
Cleveland $1,269 -5%
Maryville $1,258 -6%
Johnson City $1,137 -15%
Kingsport $1,142 -15%
Cookeville $1,249 -7%
Hendersonville $1,271 -5%
Bartlett $1,552 16%
Lebanon $1,256 -6%
Columbia $1,313 -2%
Morristown $1,266 -5%
Sevierville $1,320 -1%

Tennessee car insurance rates by age

Car insurance companies will carefully consider your age and driving experience when you apply for a policy. Typically, the youngest drivers pay the highest rates for car insurance, and prices start to drop around age 25. See below for the average Tennessee auto insurance rates by age.

Age Average annual premium in Tennessee
Age 16* $2,116
Age 18 $4,515
Age 20 $3,244
Age 25 $1,866
Age 30 $1,498
Age 40 $1,406
Age 50 $1,288
Age 60 $1,223
Age 70 $1,397

*16 year old calculated on parent’s policy disclosure

Tennessee car insurance rates by driving record

One of the biggest factors that will impact your car insurance premium is your driving record. Even a single speeding ticket or a minor accident can have a major impact on your car insurance premium. See how certain traffic violations will impact your car insurance rate in Tennessee in the table below.

Driving incident Average annual full coverage premium in Tennessee % increase of average annual premium
Speeding ticket $1,598 19%
Accident $1,919 43%
DUI $2,805 110%

How to save on car insurance in Tennessee

There are a number of ways to save money on car insurance in Tennessee. Here are some of the most effective ways to get a cheaper rate:

  • Get multiple quotes: Before you settle on an insurance company, get a few quotes from different providers and compare them to see which carrier can offer the lowest rate for the type and amount of coverage you need.
  • Look for discounts: When you are comparing insurance companies, look for providers that offer multiple discounts you can take advantage of. The more discounts you qualify for, the more money you can save.
  • Pay in full: Most insurance companies will automatically lower your car insurance rate if you pay the annual premium upfront and in full, rather than in 12 monthly installments.
  • Switch carriers: If you find another insurance company that offers a lower rate, you can always switch carriers. Some insurance companies will even give you a discount just for switching from another provider.

Frequently asked questions

How much is car insurance in Tennessee per month?

In Tennessee, the average cost of car insurance is $1,338 for a full coverage policy and $371 for a minimum coverage policy. That means on average, you would pay about $111 per month for full coverage and around $40 per month for minimum coverage.

What is the cheapest car insurance company?

The cheapest car insurance company is different for everyone. There are hundreds of car insurance carriers on the market, and each one charges a different rate for coverage. Shop around and get a few quotes before choosing a carrier to make sure you are getting the best rate.

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 driving record, good credit and the following 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 minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should only be used for comparative purposes.

Age: Rates were calculated by evaluating our base profile with the ages 18-60 (base: 40 years) applied.

Incident: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.