Progressive can show you the types of coverage, minimum requirements, and special discounts available for car insurance in Tennessee. When financing or leasing a vehicle, your lender may use the term full coverage. That means that they require you to carry all-inclusive and collision, plus anything else your state requires. Liability coverage is mandatory in almost every state, while comprehensive risk and collision (physical damage) coverage are optional.
However, lenders may have their own rules about what coverages they require. Learn more about car insurance requirements by state and liability. Keep in mind that a policy with extensive coverage may be more affordable than you think, as Progressive offers several discounts on car insurance that can help you get affordable car insurance with the right coverages for you. Whether your car radio is tuned to country music or rock and roll music, every driver in Tennessee needs strong car insurance protection.
The main reason why car insurance is mandatory in almost every state is because of your personal liability (liability) if you cause an accident. Progressive allows you to combine two or more policies, so if you rent or own your home, own a motorhome, or ride a motorcycle, you can save money by combining any combination of car, home, recreational vehicle or motorcycle insurance policies. However, drivers who choose not to purchase auto insurance must show that they have sufficient funds to meet the state's financial responsibility requirements (PDF) in the event that they cause an accident. In most cases, when an insurance company, agent, or lender refers to full-coverage car insurance, they are generally referring to all risks and collisions, in addition to any other coverage required by their state.
Comprehensive car insurance and collision insurance are also common types of car insurance coverage, although no state requires them. That's why it's also important to know how much car insurance you need, so as not to jeopardize your personal assets in the event of an accident. Save money and protect your most valuable assets by combining your car and home insurance in Tennessee. The additional amount depends on many factors, such as the year, make and model of the vehicle you want to protect.
In addition to the car insurance deductible you choose, the cost of comprehensive and collision coverage will decrease if you choose a higher deductible. This information is not an insurance policy, does not refer to any specific insurance policy, and does not modify any provision, limitation, or exclusion that is expressly stated in any insurance policy. By requiring specific liability insurance for victims of an accident caused by you, they can receive financial help for injuries and property damage without seriously affecting their own financial well-being.