Average Car Insurance Cost in Tennessee (Annual and monthly Rates)

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If you are looking for auto insurance in Tennessee, knowing how much it will cost is a promising idea. The average premium for car insurance in Tennessee is $1,373 per year or $114 per month. While the national average is $1,682. There is a difference of $309 less between the national average and the state average.

If you live here, you know that already. But do you know why? There are a range of factors that affect car insurance rates. A few of them are –age group, gender, driving history, credit score, and location where you live.

Apart from the factors which affect auto insurance rates, this guide also talks about the average rate of full coverage in state, companies offering cheap monthly premiums for car insurance, average car insurance rates by cities in Tennessee, and car insurance rates by age group.

Shop around and compare quotes to save money on your auto insurance. Keep reading the guide to make sure the insurance policy does not cost you more than your requirements.

Summary of average car insurance cost in Tennessee
Average annual cost $1,373	Average per month cost $114	Average cost for state minimum coverage $368 / Year
Cheapest car insurance company USAA ($966/ Year)	Average cost for young drivers $2,256 / Year	Average cost for Senior drivers $1,316 / Year

Key Takeaways

The average car insurance cost in Tennessee is $1,373 per year, based on Insure.com’s analysis.
In Tennessee, the average premium for car insurance is $114 per month.
USAA has the cheapest car insurance rates in Tennessee, at an average annual rate of $966 a year.

Average car insurance cost in Tennessee per month

In Tennessee, the average premium for car insurance is $114 per month.

The price for the same coverage may differ between companies, which is true of every auto insurance company. When looking for car insurance rates in Tennessee, it is a promising idea to get quotes from many firms.

As per the rate analysis conducted by Insure.com, the company which offers cheapest car insurance premiums in Tennessee is USAA. The average annual cost is $966 while the average cost per month is $81. The second-best option available is, Geico, offering insurance at an average per month cost of $82.

The table below lists the other available car insurance companies which offer car insurance in Tennessee, along with their average cost per month and average annual cost.

Company name	Average per month cost	Average annual cost
USAA	$81	$966
Geico	$82	$982
Auto-Owners	$90	$1,077
Nationwide	$90	$1,082
State Farm	$99	$1,187
Travelers	$103	$1,232
Erie Insurance	$112	$1,349
Farmers Insurance	$136	$1,637
Allstate	$161	$1,928
Progressive	$169	$2,025

Read our guide to best car insurance companies of 2022

Average cost of car insurance by coverage levels in Tennessee

The amount of coverage you purchase has an impact on how much car insurance costs in Tennessee. Your premium is determined by your liability limits, as well as whether you want comprehensive and collision coverage.

Liability only insurance protects a third party’s property damage and personal injuries in the event of an accident. In the case of a collision, having only liability coverage on your auto insurance would not cover your injuries or personal property damage since you are the driver responsible for the accident. If your coverage limit is 50/100/50 Liability only, the average cost per year in Tennessee is $445.

When you add more coverage to your policy, your insurance premium increases. As the insurance provider will have to compensate you if you are in an accident or suffer damage in any other manner. Hence, the average cost of full coverage car insurance in Tennessee is $1,373 per year.

For someone who does not own the car, but frequently rents a car, non-owner state minimum liability coverage is best suited. It is like liability-only coverage and covers for property damage and bodily injury caused to another driver. In Tennessee, the average annual cost for non-owner state minimum liability only is $300.

And for those who wish to save money on car insurance premiums can opt to have only the state minimum liability coverage, to be able to legally drive in the state. The state minimum liability only coverage costs $368 per year in Tennessee.

Coverage limits	Average annual cost
50/100/50 Liability Only	$445
100/300/100 Liability with $500 Comp/Coll Deductible	$1,373
Non-Owner State Minimum Liability Only	$300
State Minimum Liability Only	$368

Average car insurance cost in Tennessee by City

Your car insurance premium is determined by a variety of factors, including your state, city, and even ZIP code. The incidence of accidents and the likeliness of vehicle theft or vandalism can influence the overall cost of a city or ZIP code.

The table below depicts the top popular cities in Tennessee:

City	Average annual cost
Memphis	$1,725
Knoxville	$1,302
Chattanooga	$1,283
Clarksville	$1,315
Murfreesboro	$1,292
Franklin	$1,246
Jackson	$1,401
Johnson City	$1,132
Bartlett	$1,508
Hendersonville	$1,253

Auto insurance premiums vary significantly from city to city, so drivers need to be sure they’re getting the best deal. Insure.com has done the research for you. Get more information on auto insurance rates by city below.

Car insurance rates in Tennessee by city

Average car insurance cost in Tennessee by age of the driver

Age is also a consideration when it comes to auto insurance rates. Teens are more likely to be in automobile accidents than any other generation. For example, the average annual rate for young drivers in Tennessee is $2,256 while for seniors is $1,316. Here, the rate for young drivers is $940 more than the rate for senior drivers.

According to statistics, young drivers are more likely to be in a vehicle accident than more experienced drivers. As a result, they are deemed high-risk and costly to insure. They are considered a high-risk driver because of over-speeding and less driving experience on road. Although, premiums start to rise again about age 70 when some aspects of aging start affecting driving abilities.

Average car insurance cost in Tennessee for young drivers

The average car insurance cost for female young drivers in Tennessee is $2,096 per year or $175 per month and rate for a male young driver is $2,417 per year or $201 per month.

The average annual rates for young male and female drivers are listed in the table below:

Age of driver	Average annual cost for Male drivers	Average annual cost for Female drivers
18	$5,366	$4,612
19	$3,577	$3,034
20	$3,234	$2,728
21	$2,573	$2,196
22	$2,261	$1,969
23	$2,103	$1,853
24	$1,913	$1,733
25	$1,725	$1,609

Average car insurance cost in Tennessee for senior drivers

In Tennessee, the cost of car insurance for senior female driver is $1,296 per year or $108 per month and cost of car insurance for male senior driver is $1,336 per year or $111 per month.

Age of driver	Average annual cost for Male drivers	Average annual cost for Female drivers
65	$1,278	$1,245
70	$1,383	$1,345
75	$1,528	$1,454

Cheapest cars to insure in Tennessee

Make	Model	Average annual premium
Ford	Transit Connect Titanium	$1,119
Toyota	C-HR Limited	$1,125
Chrysler	Voyager LX	$1,140
Mazda	CX-30 S	$1,148
Subaru	Forester 2.5I	$1,148
Mazda	CX-5 S	$1,153
Kia	Seltos EX	$1,157
Hyundai	Venue SE	$1,158
Subaru	Outback 2.5I	$1,165
Subaru	Crosstrek 2.5I Limited	$1,165

Most expensive cars to insure in Tennessee

Make	Model	Average annual premium
Maserati	Quattroporte	$4,647
Maserati	Levante Trofeo	$4,093
Maserati	Ghibli Modena	$4,036
Maserati	Ghibli GT	$3,908
Tesla	Model S Plaid	$3,847
Porsche	Taycan Turbo S	$3,517
Maserati	Ghibli Trofeo	$3,393
Porsche	911 Turbo	$3,294
BMW	M8 Competition XDrive	$3,260
BMW	M5	$3,250

Note: For coverage limit: 100/300/50 liability with a $500 comprehensive and collision deductible.

Methodology

Insure.com gathered data with the help of Quadrant Information Services from major insurance companies across Tennessee. The rates are based on the profile of a 40-year-old male who drives a 2021 Honda Accord LX with a clean record and full coverage policy.

The coverage limit for a full coverage policy is 100/300/100 liability with a $500 comprehensive and collision deductible. The numbers 100/300/100 represent $100,000 coverage for bodily injury per person, $300,000 in bodily injury per accident and $100,000 for property damage.