The average cost of independent car insurance for a 17-year-old person is 73% higher than for a person over 30 years old. Adding a teen to an existing car insurance policy can be significantly cheaper than having a teen get their own policy. The most affordable way to get car insurance for a teen is to add the teen to a more experienced driver's policy, such as that of a parent or guardian. Next, we'll look at the state's cheapest car insurance companies and coverage options, starting with the providers and the most affordable coverage options.
Drivers with low credit ratings pay some of the highest auto insurance premiums in the state of Tennessee. Car insurance for teens is much more expensive than coverage for older, more experienced drivers, due to teens' propensity to drive riskly and the relative lack of experience behind the wheel. Younger teens tend to pay more for car insurance coverage, and 16-year-olds pay an average of 85% more than 19-year-olds. A person's age, driving history, and credit ratings can have a big impact on the cost of car insurance in Tennessee.
In most cases, 17-year-olds receive a lower price when added to their parents' car insurance than if they do it alone. Car insurance costs vary from state to state, but even within Tennessee you'll find that rates vary between different cities and zip codes. The prices reflect the average of the minimum and full coverage auto insurance rates quoted by each company. The vast majority of states in the country follow liability insurance laws, which makes car insurance in Tennessee relatively standard.
Because insurance coverage rates are cheaper in Tennessee than the national average, you have a good chance of finding great car insurance in Tennessee at great prices. If the cost of car insurance for a 16-year-old person is still too high, you might consider adding them to an existing policy.