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Best car insurance in Tennessee for 2024

Updated May 01, 2024
According to Bankrate research, Geico, State Farm and Travelers offer some of the best auto insurance in Tennessee.
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This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Best car insurance companies in Tennessee

Using data gathered by Quadrant Information Services, Bankrate's team determined that the average policyholder in Tennessee pays $468 for state-mandated minimum coverage and $1,933 for full coverage, which includes collision and comprehensive. However, we know that rates alone do not necessarily mean a company offers the best insurance. In addition to average rates, we also analyzed scores from the 2023 J.D. Power Auto Insurance Study, AM Best ratings for financial strength, coverage options, discounts and digital tools to pick the best car insurance carriers in Tennessee.

Insurance company
Bankrate score
Info
Average full coverage rate Average min coverage rate
4.4
Rating: 4.4 stars out of 5
$1,360
$311
4.3
Rating: 4.3 stars out of 5
$2,355
$521
4.2
Rating: 4.2 stars out of 5
$1,270
$312
4.0
Rating: 4 stars out of 5
$1,756
$657
4.0
Rating: 4 stars out of 5
$1,598
$369

Geico

Geico

4.4

Rating: 4.4 stars out of 5

Avg. full coverage premium

$113/mo

Avg. full coverage premium

$1,360/yr

Customer satisfaction

828/1,000

State Farm

State Farm

4.3

Rating: 4.3 stars out of 5

Avg. full coverage premium

$196/mo

Avg. full coverage premium

$2,355/yr

Customer satisfaction

847/1,000

Travelers

Travelers

4.2

Rating: 4.2 stars out of 5

Avg. full coverage premium

$106/mo

Avg. full coverage premium

$1,270/yr

Customer satisfaction

818/1,000

Nationwide

Nationwide

4

Rating: 4 stars out of 5

Avg. full coverage premium

$146/mo

Avg. full coverage premium

$1,756/yr

Customer satisfaction

834/1,000

Erie

Erie

4

Rating: 4 stars out of 5

Avg. full coverage premium

$133/mo

Avg. full coverage premium

$1,598/yr

Customer satisfaction

859/1,000

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How Bankrate chose the best car insurance companies in Tennessee

Bankrate chose the best insurance companies in Tennessee by evaluating key criteria and rating each carrier. Factors used to determine the best auto insurance in Tennessee include average annual quoted premiums, coverage options, available discounts, customer satisfaction scores, third-party rankings, financial strength ratings and mobile and online accessibility. These criteria also help to make up the Bankrate Score, which is a five-point scale rating that shoppers could use to help them decide which company may excel in the categories that matter the most to them.

Bankrate logo

Why you can trust Bankrate

Read our full methodology

To help Tennessee drivers find the best car insurance, Bankrate’s insurance editorial team reviewed some of the largest insurers by market share. We based our picks on a well-rounded analysis of several metrics related to each company.

46

years of industry expertise

122

carriers reviewed

34.5K

ZIP codes examined

1.2M

quotes analyzed

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Advertising disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

How to find the best car insurance in Tennessee

For many drivers, finding the best auto insurance in Tennessee is about more than just price. When considering possible insurers, you may want to think about these factors:

Related content:

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Powered by Coverage.com (NPN: 19966249)

Advertising disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

How much is car insurance in Tennessee?

The average annual premium in Tennessee for minimum auto coverage is $468, compared to $1,933 for full coverage. This is well below the national annual averages of $637 for minimum coverage and $2,299 for full coverage. This is likely due in part to the state’s lack of heavy traffic, which may reduce the risk of claims. Tennessee drivers pay less on average than drivers in several neighboring states as well. For example, Kentucky and Missouri have average full coverage rates of $2,694 and $2,584 per year, respectively.

Auto insurance premiums differ depending on what state you live in. This is because companies have their own specific rating algorithms that take into account regional risk factors. The factors influencing premiums in Tennessee include the amount of minimum required insurance, the likelihood of being in an accident, how severe accidents tend to be, and the likelihood of non-accident related claims like hail damage or theft. Your own personal rating factors, like age, vehicle type, credit history and claims history, will also influence your premium.

City Avg. annual full coverage premium Avg. savings vs. state average

Estimate your car insurance cost in Tennessee

Insurance can add a significant amount to your annual car-related spending, so having an idea of how much it will cost can help you plan your budget. Use this calculator to estimate the cost of coverage in Tennessee.

Calculate your monthly car insurance payment

Get a quick estimate to make sure you're not overpaying.

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Why we're asking
Methodology

Frequently asked questions

Methodology

Bankrate utilizes Quadrant Information Services to analyze the latest rates in May 2024 for ZIP codes and carriers in all 50 states and Washington, D.C. Rates include the most recent approved rate changes filed by insurance companies that affect our profile. These revised rates are then weighted based on the population density in each geographic region so that policyholders can see the impact rates have in their areas. 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 coverage that meets each state’s requirements. Our base profile drivers own a 2022 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.

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46
years of industry expertise
Search
122
carriers reviewed
Location
34.5K
ZIP codes examined
Dollar Coin
1.2M
quotes analyzed
Written by
TJ Porter
Contributor, Personal Finance

TJ Porter is a contributing writer for Bankrate with eight years of experience writing about finance.  TJ writes about a range of subjects, from budgeting tips to bank account reviews.

Edited by Senior Editor, Insurance
Reviewed by Director of corporate communications, Insurance Information Institute