The average annual car insurance cost in Chattanooga is $800, lower than Tennessee's state average. After rating insurance companies based on coverage level and driver profile, MoneyGeek found that GEICO is the cheapest widely available insurer in Chattanooga. MoneyGeek's recommendations on the best insurers in the city can assist you if you're looking for low-cost insurance with quality service.
bestauto insuranceChattanooga2021The Cheapest and Best Car Insurance in Chattanooga
Cheapest Overall - GEICO
Best Overall - Erie
Cheapest State Minimum - USAA
Cheapest With a Driving Violation - State Farm
The Cheapest Car Insurance Companies in Chattanooga
The two cheapest insurance companies in Chattanooga for a full coverage car insurance policy are:
- USAA: $566 (only serving current and former military members)
- GEICO: $615
MoneyGeek used a sample driver profile to determine these rates. In this case, the driver is a 40-year-old male with a full coverage policy that includes liability and comprehensive collision coverage.
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- CompanyAmountper year
- 1.$566
- 2.$615
- 3.$671
- 4.$676
- 5.$681
Average Cost of Car Insurance in Chattanooga
Chattanooga$800
Tennessee$1,018
U.S.$1,424
The average car insurance premium in Chattanooga is $800 per year. This rate is 21.4% lower than the Tennessee state average and 43.8% more affordable than the average national rate of $1,424 annually.
The Best Car Insurance Companies in Chattanooga
MoneyGeek analyzed and ranked Chattanooga insurance companies to help city drivers find an insurance plan that strikes a balance between affordability and excellent service. The two best companies, according to the scoring system, for most drivers are:
- Erie: MoneyGeek score of 93 of 100
- Auto-owners: MoneyGeek score of 90 of 100
USAA received the highest score in Chattanooga by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.
MoneyGeek measured scores out of 100 based on several factors, including data from J.D. Power's affordability, financial security, and customer satisfaction ratings.
1
USAA
Score:95
2
Erie
Score:93
3
Auto-Owners Insurance Co
Score:90
4
GEICO
Score:85
5
State Farm
Score:83
6
Nationwide
Score:80
7
Travelers
Score:80
8
MetLife
Score:80
9
Safeco
Score:78
10
Progressive
Score:78
11
Allstate
Score:75
12
Liberty Mutual
Score:75
13
National General
Score:73
Personalized Quotes to Get You the Cheapest Car Insurance in Chattanooga
If you are looking for the cheapest car insurance in Chattanooga, you need to request and compare personalized quotes from several providers. Insurance companies will evaluate your personal information, such as age, address, driving record and the type of vehicle you drive, to provide you with a personalized insurance quote. To ensure that you get the best rates for your situation, you should regularly request quotes to see if you qualify for discounts or rebates.
Shopping around for car insurance in Chattanooga could save you $185, which is enough to buy:
62Cups of Coffee
14Months of Your Favorite Streaming Service
Cheapest Car Insurance in Chattanooga by Coverage Amount
The amount of coverage you purchase is one of the most important factors influencing insurance costs in Chattanooga and elsewhere. A state minimum liability plan covering bodily injuries and property damages costs an average of $389 yearly in Chattanooga. A full coverage policy with higher liability limits costs an average of $800. That’s a difference of $411.
Tennessee Minimum Liability Requirements
- ItemDescription
- Bodily Injury and Property Damage$25,000 per person, $50,000 per accident and $15,000 for property damage. A more protective level is 100/300/100.
In Chattanooga, you can choose several different coverage levels for your auto insurance policy. GEICO has the most affordable, widely available state minimum liability coverage package, at $298 on average. You can upgrade that GEICO policy to a 50/100/50 liability-only plan for about $342, while 50/100/50 full-coverage policies cost an average of $571.
For reference, a 50/100/50 plan provides $50,000 of injury liability per person, $100,000 for injuries per accident and $50,000 for property damage. Meanwhile, liability-only policies only cover the other driver’s expenses, while full coverage also covers your own costs.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
Liability Only
- CompanyState Minimumper year50 / 100 / 50per year
- 1.$296$319
- 2.$298$342
- 3.$323$389
- 4.$321$384
- 5.$320$367
Full Coverage
- Company50 / 100 / 50per year100 / 300 / 100per year
- 1.$534$566
- 2.$571$615
- 3.$589$676
- 4.$615$671
- 5.$636$681
Cheapest Car Insurance in Chattanooga if You Have Driving Violations
A speeding ticket, at-fault accident or DUI can all substantially increase your car insurance rates in Chattanooga. A GEICO policyholder with a clean record typically pays around $615 annually for car insurance, while a driver with a speeding ticket needs to pay about $85 more. An at-fault accident adds roughly $351 and a DUI raises rates by an average of $459.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
- 1.$732$794$732
- 2.$669$805$1,037
- 3.$704$869$1,037
- 4.$700$966$1,074
- 5.$883$1,117$735
Average Cost of Car Insurance by Postal Code
Your ZIP code can also affect your ability to find the cheapest car insurance in Chattanooga. This is because different neighborhoods have varying rates of car thefts, accidents and uninsured drivers. However, your rates will probably not vary much based on your neighborhood within Chattanooga. Drivers from ZIP code 37415 pay an average of $7 less per year than drivers from the 37421 neighborhood.
- Zip CodeState Minimumper year
- 37415$797
- 37421$804
Insurance Providers That Serve Chattanooga
Factors That Impact Insurance Costs in Chattanooga
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of fatal accidents also contribute to car insurance rates in Chattanooga. How Chattanooga ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for Chattanooga are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.
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