Bankrate's insurance editorial team researched Tennessee's new insurance law so you can have the peace of mind of knowing how much coverage is required. Tennessee auto insurance laws require that all business-owned vehicles be covered by a commercial auto insurance policy that meets the minimum financial responsibility requirements. Drivers who have been found guilty of driving under the influence of alcohol or drunk driving, who have committed serious driving offenses, or who have failed to comply with Tennessee auto insurance laws in the past must file an SR-22 certificate with the state's department of motor vehicles. If the system cannot confirm coverage for a vehicle, the owner will receive a notice from the Tennessee Department of Revenue and must submit proof of insurance through the Drive Insured Tennessee website.
Liability insurance is required to cover any damage or injury you may cause to someone as a result of a car accident. Tennessee insurance companies are required to include coverage for uninsured drivers in all auto insurance quotes. To find the best auto insurance company for you, it can be helpful to determine what your personal coverage needs are and what you value most in an insurance company. All insurance products are governed by the terms of the applicable insurance policy, and all related decisions (such as coverage approval, premiums, fees and charges) and policy obligations are the sole responsibility of the insurance insurer.
Commercial auto insurance is available for drivers who use their car or truck to perform tasks related to their occupation or business, in addition to traveling to work. An SR-22 is a record that your auto insurance company files with the state, often electronically, that certifies that you have insurance coverage that meets Tennessee's minimum liability auto insurance requirements. Motorists who don't want to buy car insurance can choose an alternative form of financial responsibility. By purchasing the minimum amount of insurance required to drive legally in Tennessee, you'll save money on your insurance premium.
If you drive in the voluntary state, make sure that your car insurance coverage complies with Tennessee car insurance laws. If the state's online insurance verification system cannot verify a vehicle's insurance coverage, a letter is sent to the vehicle registrant notifying them that they have 30 days to submit proof of auto liability insurance coverage. While no-fault drivers can use their own insurance policies to pay for their own injuries and damages, their insurance company is likely to request the return of the money from the at-fault driver through a process called subrogation.