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How Much Is Car Insurance in Tennessee? (2023)


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Updated: Sep 20, 2023
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Several variables determine how much you'll pay for car insurance, including age, where you live, driving record, credit score and insurer. Tennessee's full coverage auto insurance yearly rates range from an average of $579 (State Farm) to $1,181 (Progressive). However, a 25-year-old driver buying these same yearly policies will pay $728 from State Farm and $1,526 from Progressive.

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2023

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Average Car Insurance Costs in Tennessee (2023)

The average cost of full coverage auto insurance in Tennessee is approximately $846 per year. However, your age, driving record and the level of coverage you select will significantly affect your premiums. Yearly full coverage rates increase to $1,039 if you receive a speeding ticket and $1,281 if you’re at fault for an accident. Meanwhile, drivers with a DUI pay a yearly average of $1,606.

Driving Record
Annual Premium
Monthly Premium

Clean

$340

$28

Clean

$350

$29

Ticket

$424

$35

Clean

$425

$35

Ticket

$441

$37

Ticket

$514

$43

At-Fault Accident

$534

$45

At-Fault Accident

$559

$47

At-Fault Accident

$646

$54

DUI

$667

$56

DUI

$681

$57

Clean

$796

$66

DUI

$836

$70

Clean

$846

$70

Ticket

$1,001

$83

Ticket

$1,039

$87

Clean

$1,074

$89

At-Fault Accident

$1,247

$104

At-Fault Accident

$1,281

$107

Ticket

$1,291

$108

DUI

$1,533

$128

At-Fault Accident

$1,587

$132

DUI

$1,606

$134

DUI

$2,028

$169

Why Are Car Insurance Rates Cheap in Tennessee?

The average annual cost of auto insurance in Tennessee is $846, which is relatively cheap compared to the national average of $1,054. Low urban population density, vehicle theft rates and cheaper insurers contribute to more affordable insurance costs. If you’re paying high premiums for Tennessee car insurance, it may be due to your age or driving history.

Average Car Insurance Costs in Tennessee by Company

The average cost of auto insurance in Tennessee can be misleading since your rates will vary greatly depending on the insurer you choose. While Allstate offers the most expensive average yearly minimum coverage insurance at $519 ($910 for full coverage), Auto-Owners has the cheapest liability-only policy at $207 ($611 for full coverage).

Full coverage insurance policies are typically more expensive than minimum coverage, but you can still get cheap full coverage policies by shopping around.

Company
Annual Premium
Monthly Premium

State Farm

$197

$16

Auto-Owners Insurance Co

$207

$17

Auto-Owners Insurance Co

$209

$17

State Farm

$210

$17

Erie

$253

$21

Erie

$254

$21

State Farm

$256

$21

Tennessee Farm Bureau

$266

$22

Tennessee Farm Bureau

$278

$23

Cincinnati Insurance

$288

$24

Westfield

$293

$24

Auto-Owners Insurance Co

$299

$25

Westfield

$323

$27

Grange Insurance

$325

$27

Cincinnati Insurance

$330

$28

Grange Insurance

$333

$28

Erie

$342

$29

Westfield

$345

$29

Chubb

$348

$29

Farmers

$366

$31

Grange Insurance

$371

$31

Tennessee Farm Bureau

$374

$31

GEICO

$376

$31

Chubb

$376

$31

Farmers

$390

$32

American National P&C

$401

$33

GEICO

$401

$33

Nationwide

$401

$33

Progressive

$401

$33

Travelers

$410

$34

Cincinnati Insurance

$422

$35

Progressive

$431

$36

Farmers

$458

$38

Travelers

$460

$38

GEICO

$461

$38

Travelers

$465

$39

American National P&C

$467

$39

American National P&C

$488

$41

Nationwide

$503

$42

State Farm

$516

$43

Allstate

$519

$43

Allstate

$525

$44

Progressive

$535

$45

Allstate

$558

$47

Auto-Owners Insurance Co

$573

$48

State Farm

$579

$48

Nationwide

$583

$49

Auto-Owners Insurance Co

$611

$51

Chubb

$620

$52

Cincinnati Insurance

$705

$59

Erie

$714

$60

Erie

$714

$60

State Farm

$728

$61

Farmers

$732

$61

Tennessee Farm Bureau

$749

$62

Westfield

$751

$63

Westfield

$760

$63

Farmers

$765

$64

Grange Insurance

$794

$66

Nationwide

$816

$68

Nationwide

$826

$69

Grange Insurance

$851

$71

GEICO

$862

$72

Cincinnati Insurance

$862

$72

Tennessee Farm Bureau

$863

$72

Auto-Owners Insurance Co

$874

$73

Chubb

$887

$74

GEICO

$889

$74

Travelers

$904

$75

Allstate

$910

$76

Travelers

$915

$76

Farmers

$936

$78

Allstate

$958

$80

Erie

$960

$80

Westfield

$964

$80

Grange Insurance

$974

$81

Allstate

$983

$82

Chubb

$1,003

$84

Nationwide

$1,051

$88

American National P&C

$1,063

$89

Progressive

$1,065

$89

American National P&C

$1,069

$89

Travelers

$1,071

$89

Cincinnati Insurance

$1,099

$92

GEICO

$1,119

$93

Progressive

$1,181

$98

Tennessee Farm Bureau

$1,189

$99

American National P&C

$1,362

$113

Chubb

$1,452

$121

Progressive

$1,526

$127

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MONEYGEEK’S TENNESSEE CAR INSURANCE CALCULATOR

The cost of car insurance in Tennessee depends on various factors, including your age and driving record. MoneyGeek's Tennessee car insurance calculator can give you an accurate estimate of your rates.

Average Car Insurance Costs in Tennessee by Coverage Level

The average annual premium for the cheapest liability-only coverage in Tennessee is $340, with premiums rising to $998 for the maximum possible full coverage policy. As your coverage limits increase, so do your costs.

Full coverage, or comprehensive and collision insurance, will significantly increase your annual rates. Consider lowering your premiums by increasing your deductible.

Average annual car insurance rates by coverage tier

The cheapest liability-only policy will provide Tennessee's minimum necessary coverage. These policies lack collision and comprehensive insurance, with the lowest liability limits. Tennessee law only necessitates coverage for injuries to third parties and damage to their property.

Higher liability limits may be available; insurers often shorten them to 50/100/50 or 100/300/100. For example, a 50/100/50 policy would include the following limits:

  • $50,000 bodily harm liability per person
  • $100,000 bodily injury liability per accident
  • $50,000 property damage liability per accident

The maximum available limits for liability insurance are typically 300/500/300. In addition to liability protection, full coverage insurance includes comprehensive and collision coverage, covering damages to you and your vehicle after a covered accident.

Average Car Insurance Costs in Tennessee by Age

Your age can significantly impact the cost of your vehicle insurance. Tennessee's average full coverage premiums by age group are as follows:

  • 22–29: $1,074 per year
  • 30–59: $846 per year
  • 60+: $796 per year

Drivers under 30 often pay higher insurance costs than those between 30 and 59, while drivers above 60 typically pay lower premiums. New drivers may pay similar premiums to younger drivers due to their limited driving experience.

Age
Annual Premium
Monthly Premium

22-29

$1,074

$89

22-29

$425

$35

30-59

$846

$70

30-59

$340

$28

60 +

$350

$29

60 +

$796

$66

Average Car Insurance Costs in Tennessee for Teens

In Tennessee, the annual full coverage cost to insure a 16-year-old male is $2,301, significantly higher than the average adult rate. Individual premiums are more pricey, costing $5,255 annually.

However, prices typically go down as drivers get older and more experienced. A 19-year-old on a family plan pays $1,754 per year on average, while a 22-year-old driver pays $1,416. Teenage drivers can find cheap auto insurance in Tennessee by comparing policies.

Rates differ significantly by gender in Tennessee. On average, a family plan costs $2,065 per year for a 16-year-old female driver, nearly $236 cheaper than for a 16-year-old male.

Age
Annual Family Premium
Monthly Family Premium
Annual Individual Premium
Monthly Individual Premium

16

$2,065

$172

$4,614

$384

16

$2,301

$192

$5,255

$438

17

$2,056

$171

$4,033

$336

17

$2,300

$192

$4,678

$390

18

$1,759

$147

$3,421

$285

18

$1,965

$164

$3,996

$333

19

$1,580

$132

$2,225

$185

19

$1,754

$146

$2,619

$218

20

$1,620

$135

$1,943

$162

20

$1,805

$150

$2,274

$189

21

$1,268

$106

$1,512

$126

21

$1,384

$115

$1,733

$144

22

$1,314

$109

$1,383

$115

22

$1,416

$118

$1,548

$129

23

$1,337

$111

$1,251

$104

23

$1,451

$121

$1,371

$114

24

$1,264

$105

$1,182

$98

24

$1,345

$112

$1,270

$106

25

$1,178

$98

$1,095

$91

25

$1,228

$102

$1,151

$96

Average Car Insurance Costs in Tennessee for New Cars vs. Older Cars

Annual full coverage car insurance for a new car in Tennessee costs $1,177, 38% more than the average of $852 for older cars. Due to its high replacement value, theft risk and repair costs, new car insurance is relatively more expensive.

Your insurance company calculates comprehensive and collision repair costs based on your vehicle's actual cash value (ACV). The ACV decreases with age, lowering the insurer payout and car insurance premiums. Drivers of newer vehicles in Tennessee should consider purchasing full coverage insurance since it covers damage to your own vehicle in addition to others.

Model Year
Annual Premium
Monthly Premium

2022 Vehicle

$357

$30

2022 Vehicle

$359

$30

2012 Vehicle

$366

$31

2012 Vehicle

$385

$32

2022 Vehicle

$440

$37

2012 Vehicle

$467

$39

2012 Vehicle

$814

$68

2012 Vehicle

$852

$71

2022 Vehicle

$1,082

$90

2012 Vehicle

$1,082

$90

2022 Vehicle

$1,177

$98

2022 Vehicle

$1,503

$125

Average Car Insurance Costs in Tennessee by Driving Record

Auto insurance premiums are generally higher for drivers with violations than for drivers with clean records. The following full coverage rates are average in Tennessee based on driving records:

  • Clean record: $846 per year
  • Speeding ticket: $1,039 per year
  • At-fault accident: $1,281 per year
  • DUI: $1,606 per year

Usually, your rate increase depends on how severe the traffic infraction is. A DUI, for instance, carries a much higher average insurance premium than a speeding ticket. By comparing prices from different companies, it's still possible to find cheap auto insurance in Tennessee with a poor driving record.

Driving Record
Annual Premium
Monthly Premium

Clean

$340

$28

Clean

$350

$29

Ticket

$424

$35

Clean

$425

$35

Ticket

$441

$37

Ticket

$514

$43

At-Fault Accident

$534

$45

At-Fault Accident

$559

$47

At-Fault Accident

$646

$54

DUI

$667

$56

DUI

$681

$57

Clean

$796

$66

DUI

$836

$70

Clean

$846

$70

Ticket

$1,001

$83

Ticket

$1,039

$87

Clean

$1,074

$89

At-Fault Accident

$1,247

$104

At-Fault Accident

$1,281

$107

Ticket

$1,291

$108

DUI

$1,533

$128

At-Fault Accident

$1,587

$132

DUI

$1,606

$134

DUI

$2,028

$169

Average Car Insurance Costs in Tennessee by Credit Score

Credit score may significantly impact your car insurance rates. The average annual premium for Tennessee drivers with poor credit is $1,367, while the cost for drivers with excellent credit is $647. Tennessee drivers can expect to pay the following average rates based on their credit score:

  • Excellent: $647 per year
  • Good: $775 per year
  • Fair: $943 per year
  • Below fair: $1,117 per year
  • Poor: $1,367 per year

Insurers may treat your credit score differently depending on their policies. The best way for drivers with poor credit to find cheap auto insurance in Tennessee is to shop around and compare rates from various providers.

Credit Score
Average Annual Premium
Average Monthly Premium

Excellent

$306

$25

Excellent

$313

$26

Good

$352

$29

Good

$360

$30

Excellent

$361

$30

Good

$417

$35

Fair

$420

$35

Fair

$430

$36

Below Fair

$491

$41

Fair

$499

$42

Below Fair

$502

$42

Poor

$574

$48

Poor

$586

$49

Below Fair

$587

$49

Excellent

$603

$50

Excellent

$623

$52

Excellent

$637

$53

Excellent

$647

$54

Excellent

$647

$54

Excellent

$664

$55

Poor

$693

$58

Good

$725

$60

Good

$745

$62

Good

$767

$64

Good

$770

$64

Good

$775

$65

Excellent

$787

$66

Good

$791

$66

Excellent

$799

$67

Excellent

$819

$68

Fair

$886

$74

Fair

$906

$76

Fair

$934

$78

Fair

$938

$78

Fair

$943

$79

Good

$951

$79

Good

$959

$80

Fair

$960

$80

Good

$977

$81

Below Fair

$1,046

$87

Below Fair

$1,071

$89

Below Fair

$1,104

$92

Below Fair

$1,110

$92

Below Fair

$1,117

$93

Below Fair

$1,138

$95

Fair

$1,166

$97

Fair

$1,170

$98

Fair

$1,189

$99

Poor

$1,273

$106

Poor

$1,312

$109

Poor

$1,349

$112

Poor

$1,361

$113

Poor

$1,367

$114

Below Fair

$1,387

$116

Below Fair

$1,394

$116

Poor

$1,401

$117

Below Fair

$1,416

$118

Poor

$1,694

$141

Poor

$1,712

$143

Poor

$1,748

$146

Average Car Insurance Costs in Tennessee by City

The cost of auto insurance in Tennessee varies considerably from one city to the next. Full coverage auto insurance costs $1,105 yearly in Memphis, while the same policy costs around $838 in Knoxville. Memphis car insurance premiums are typically more expensive due to higher theft rates and denser populations. These metrics point to filing more insurance claims, resulting in more payouts from insurers.

City
Full Coverage Annual Premium
Minimum Coverage Annual Premium

Chattanooga

$1,089

$467

Chattanooga

$858

$379

Chattanooga

$814

$383

Clarksville

$1,080

$456

Clarksville

$853

$373

Clarksville

$808

$378

Knoxville

$1,067

$450

Knoxville

$838

$365

Knoxville

$794

$370

Memphis

$1,405

$614

Memphis

$1,105

$496

Memphis

$1,054

$504

Murfreesboro

$1,066

$451

Murfreesboro

$841

$368

Murfreesboro

$797

$373

Nashville-Davidson

$1,164

$504

Nashville-Davidson

$913

$407

Nashville-Davidson

$869

$413

Insurance Rates

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FAQ About Car Insurance Costs in Tennessee

Insurance costs in Tennessee vary depending on your age, location and your specific needs. Check out MoneyGeek's responses to frequently asked questions about car insurance in the Volunteer State.

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.

Mark earned a master’s degree in Economics and International Relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.