The cheapest car insurance companies in Tennessee are Auto-Owners, USAA and State Farm, and getting quotes from several companies can help you find the best deal. The average cost of car insurance in Tennessee is 30% lower than the national average auto insurance premium. Your car insurance premium is determined by a variety of factors, such as state, city, and even zip code. There are several unique reasons why car insurance is also increasing every year in Tennessee, even if your details remain the same.
An 18-year-old driver can expect to pay less for car insurance than younger, less experienced drivers. With assigned risk insurance, drivers who cannot be accepted are normally assigned to insurance companies that come together collectively to assume the risk of insuring them. The table below shows the other auto insurance companies available that offer car insurance in Tennessee, along with their average cost per month and their average annual cost. And if an area has a particularly high theft rate, car insurance can be more expensive because of the risk of vehicle theft.
For 18-year-old male drivers with their own insurance policies, Island, North Carolina Farm Bureau, USAA, New Jersey Manufacturers and Erie are among the national companies with the cheapest car insurance rates. However, some states in California, Hawaii, Massachusetts, Michigan (in certain cities), Montana, North Carolina, and Pennsylvania don't allow insurance companies to use gender to determine auto insurance rates. The average cost of car insurance for 18-year-old female drivers is 13% cheaper than that of 18-year-old male drivers. Aside from that, the best way to reduce your car insurance costs is to compare the rates of at least three insurance companies.
And those who want to save money on car insurance premiums can choose to have only the state's minimum liability coverage to be able to drive legally in the state. You can get discounts on car insurance in Tennessee depending on how you drive, the car you own, and your relationship with your insurance company. Tennessee drivers can find cheap car insurance “no deposit” or “no down payment”, but what it really means is that you only have to pay the first month's premium to get coverage.