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Amelia Buckley is an insurance editor covering auto, home and life insurance. It emphasizes creating informative, engaging, and nuanced content to help readers make personalized insurance decisions. Mark Friedlander is director of corporate communications at III, a non-profit organization that focuses on giving consumers a better understanding of insurance. Our mission is to provide readers with accurate and unbiased information, and we have editorial guidelines to ensure that this is the case.
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The content created by our editorial team is objective, fact-based and not influenced by our advertisers. Bankrate's insurance editorial team, which includes licensed real estate and accident agents, delved into the Tennessee auto insurance landscape to help drivers make the best decisions about their policies. We found the best car insurance in Tennessee for residents with a variety of needs, including those looking for low rates or the most customizable coverage. Founded in 1976, Bankrate has a long history of helping people make smart financial decisions.
We have maintained this reputation for more than four decades by demystifying the financial decision-making process and giving people confidence in the actions to take next. Our insurance team is comprised of agents, data analysts and customers like you. They focus on the points that consumers are most concerned about: price, customer service, policy features and savings opportunities so you can be sure which provider is right for you. These are sample rates and should only be used for comparison purposes.
Answer a few questions to see personalized rates from major carriers. Read the full review of Geico Insurance Read the full review of State Farm Insurance Read the full review of Travelers Insurance Read the full review of Nationwide Insurance Read the full Erie Insurance review Bankrate chose the best auto insurance companies in Tennessee by evaluating the criteria and rating each company. The factors used to determine the best car insurance in Tennessee include average annual quoted premiums, coverage options, available discounts, customer satisfaction scores, third-party ratings, financial strength ratings, and mobile and online accessibility. These criteria also help create the Bankrate Score, which is a five-point score that buyers can use to decide which company can excel in the categories that matter most to them.
Car insurance premiums may vary depending on the state in which you live. This is because companies can have their own specific rating factors for different geographical locations. Factors that influence premiums in Tennessee and other states may include the minimum amount of insurance required, the likelihood of having an accident, the severity of the accidents, and the likelihood of filing claims not related to accidents, such as hail damage or theft. The minimum requirements for car insurance in Tennessee have recently increased.
While it may be informative to know these minimums, a licensed insurance agent will not allow you to purchase a policy that doesn't meet the statutory minimum. Many insurance experts suggest that you buy more than this minimum coverage for stronger financial protection in the event of a covered incident. If you finance or lease your car, lenders often have higher requirements than state minimums. Lenders typically require comprehensive and collision coverage, also known as full coverage, which can pay for the repair or replacement of your car in a covered incident.
These lender requirements exist to protect the lender until you pay the loan or lease in full. Even if you don't have a car loan or lease, these types of optional coverage can help protect your financial investment in your car. Tennessee is vulnerable to natural disasters, such as tornados and other severe weather events, such as hailstorms and floods, which may make it possible to consider purchasing comprehensive insurance. Other common coverages that may fit your needs include term insurance for vehicles with a loan or lease and rental vehicle reimbursement coverage for those who only have access to one car.
The best insurance companies will ultimately depend on you and your priorities. Do you value affordability more than customer service? Do you want a local agent to handle your claims? Your car insurance needs may be different from the coverage needs of other drivers, even within your state or city. Understanding what you want from a company and comparing several quotes can be one of the best ways to find the coverage that's right for you. The cheapest car insurance company in Tennessee may be different for everyone, as the fee factors include individual criteria, such as your age and driving history.
To find the cheapest rates for you, consider asking for several car insurance quotes to compare the same coverage at different companies. Tennessee is an at-fault insurance state, meaning that the driver found at fault in a car accident is legally and fiscally responsible for the damages and injuries that result from the collision. This is why it can be important to have adequate limits of liability in Tennessee, since if you are at fault for an accident, you are financially responsible for the other driver's damages. MoneyGeek analyzed the top auto insurance providers in Tennessee and found that the best overall is Erie.
The insurer also offers new car replacement coverage that pays for the replacement of your wrecked car with a new one. State Farm rideshare insurance offers medical coverage, roadside assistance, and car rental reimbursements when you work with a rideshare company. Erie policyholders can customize their Tennessee auto insurance with coverage for pet injuries, windshield repair, travel expense insurance, and first-accident forgiveness coverage. MoneyGeek analyzed auto insurance providers in Tennessee to determine the best option for older drivers in terms of customer service and affordability.
The best overall auto insurance company in Tennessee is Erie, and it's also the best for customer service, drivers with new cars, and those with a low budget. The best pay-per-mile insurance program in Tennessee is Nationwide Smartmiles, which allows you to pay for car insurance with a base rate and a variable rate. Keeping your driving record clean is the best way to keep your insurance costs low, while improving your credit score can help you save a significant amount of money on your insurance. Every insurance company calculates rates differently, so comparison is key to finding a good deal on car insurance.
Tennessee drivers could save if they insured more than one car, bundle home and car insurance, and participate in one of their two telematic programs. How much you pay for car insurance in Tennessee depends on several factors, including the amount of coverage. Not everyone will qualify for these discounts, but there are other ways to save money on your car insurance. However, if your main goal is affordability, you can use the MoneyGeek insurance score of insurers that offer the cheapest car insurance in Tennessee for seniors.
Since Erie is also among the cheapest auto insurance providers in the state, you can still pay less for their policies without compromising quality. MoneyGeek also determined the cheapest full-coverage car insurance in Tennessee for people looking to save on their premiums. .