Compare the Cheapest Car Insurance Quotes in Knoxville, TN

In Knoxville, the average annual car insurance cost is $801, which is $217 lower than the state average. MoneyGeek rated various insurance companies based on coverage levels and driver profiles. The cheapest widely available insurer is GEICO, at $623 per year on average. MoneyGeek also recommends the best insurers in Knoxville to help drivers find affordable, high-quality service.

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GEICO offers the cheapest auto insurance overall in Knoxville as well as the cheapest state minimum policy. For drivers with a speeding ticket, Erie provides the most affordable insurance. Drivers who are veterans or still serving in the armed forces may find USAA to be the best choice in most instances.

MoneyGeek also scored the best overall insurance companies based on their balance of affordability and customer service. Erie scored highest in our analysis.

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The Cheapest and Best Car Insurance in Knoxville

The Cheapest Car Insurance Companies in Knoxville

When it comes to full coverage policies in Knoxville, the cheapest insurance companies are:

  • GEICO: $623 per year
  • Erie: $673 per year

USAA offers the cheapest insurance for drivers from military families with policies that cost an average of $572 per year.

Travelers has the most expensive full coverage insurance in Knoxville, with an annual premium of $935. Their policy costs 50% more than the same one at GEICO.

Comprehensive and collision insurance are usually included in full coverage policies. This is in addition to liability insurance that all drivers must have as per Tennessee state laws.

Cheapest Car Insurance in Knoxville
Full Coverage 100/300/100
  • Company
    100/300/100per year
  • 1.
    USAA
    $572
  • 2.
    GEICO
    $623
  • 3.
    Erie
    $673
  • 4.
    State Farm
    $676
  • 5.
    Progressive
    $753
  • 6.
    Tennessee Farmers
    $823
  • 7.
    Nationwide
    $842
  • 8.
    Farmers
    $850
  • 9.
    MetLife
    $902
  • 10.
    Allstate
    $930
  • 11.
    Travelers
    $935

MoneyGeek compared full coverage policies from multiple providers in Knoxville for a 40-year-old male driver based on our methodology.

A full-coverage policy is more expensive than liability-only because it has comprehensive and collision insurance, which offers more protection as follows:

  • Comprehensive Insurance: When your vehicle is damaged due to a non-accident event such as vandalism or a natural calamity, this type of insurance pays for the damage or loss.
  • Collision Insurance: If you are involved in an accident with another vehicle or a stationary object, your collision insurance comes into effect.

Some drivers with older cars prefer a state minimum policy or liability-only insurance. The reason is that full coverage insurance premiums can wind up being more than your vehicle’s replacement value.

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Cheapest Car Insurance in Knoxville for Minimum Coverage

A policy that meets the state’s minimum requirements is the most affordable option in Knoxville. The cheapest car insurance in the city is:

  • GEICO: $296 per year
  • Tennessee Farmers: $304 per year

At $301 per year, USAA is the second cheapest option, but it is exclusively for current and former members of the military and their families. Allstate, on the other hand, is the most expensive insurer in Knoxville for state minimum liability-only insurance at $517 per annum. That’s $221 more than GEICO charges for the same coverage.

Unlike full coverage policies, minimum coverage does not include comprehensive and collision insurance. The liability limits in these policies are also low.

You can, of course, choose higher liability limits than the state’s minimum requirements. Use the table below to see how much higher liability insurance will cost you in Knoxville.

Cheapest Minimum Liability Car Insurance in Knoxville
State Minimum

Choosing a state minimum policy of 25/50/15 is the best option if you are looking to minimize your insurance costs, but you must keep in mind that this could lead to extensive out-of-pocket expenses if you’re in an accident.

For instance, if you’re in an at-fault accident and the other driver racks up $50,000 in medical bills, your insurer covers you up to $25,000 per person. The unpaid amount of $25,000, in this case, is your responsibility to pay.

Tennessee Minimum Liability Requirements

  • Item
    Description
  • 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.

Cheapest Car Insurance in Knoxville if You Have Driving Violations

Drivers who have a history of violations such as DUIs, at-fault accidents, or speeding tickets in Knoxville will have higher insurance premiums. The companies that provide the best cheap car insurance for such drivers are:

  • Cheapest after a ticket: Erie, $695 per year
  • Cheapest after an at-fault accident: State Farm, $801 per year
  • Cheapest after a DUI: State Farm, $738 per year

If you are from a military family and have a speeding ticket on your record, you may be able to get the cheapest insurance in the city through USAA at $678 per year.

Drivers with prior violations can reduce their premiums by improving their driving records over time. It’s a good idea in the meantime to get quotes from multiple insurers and see which one offers the best car insurance rates for drivers with bad records.

Cheapest Car Insurance in Knoxville With a Violation
Speeding Ticket

Average Cost of Car Insurance in Knoxville

Knoxville$801
Tennessee$1,018
U.S.$1,424

An average driver living in Knoxville pays $801 annually for car insurance. However, rates may be higher or lower based on factors such as the driver’s age, miles driven per year and coverage level. The city’s average car insurance rate is 21.3% lower than the state average annual premium and nearly 50% lower than the United States’ average yearly premium of $1,424.

Personalized Quotes to Get You the Cheapest Car Insurance in Knoxville

In Knoxville, car insurance providers base their annual premiums on factors such as the driver’s age, ZIP code, credit score and marital status. How your circumstances change based on these factors affects the cost of your auto insurance policy. The best way to find the cheapest rates and increase your chances of getting discounts and rebates is by comparing personalized quotes from different providers.

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The Best Car Insurance Companies in Knoxville

Using a unique scoring system, MoneyGeek ranked the best insurance companies in Knoxville for drivers looking for a balance of good customer service and affordability. The top two are:

  • Erie: MoneyGeek score of 93 out of 100
  • Auto-Owners Insurance Co: MoneyGeek score of 90 out of 100

For members of the military and their families, USAA is the best option as it scored highest in our evaluation with a score of 95 out of 100. We did not include the insurance company on our list as it does not sell car insurance to civilians.

Among other criteria, MoneyGeek calculated these scores using J. D. Power’s analysis that considered cost, customer satisfaction and the insurer’s financial stability.


1
USAA
Score:9

4/5

Affordability

5/5

Claims Ratings

4/5

User Satisfaction

A++

Financial Stability

2
Erie
Score:92.5

4/5

Affordability

5/5

Claims Ratings

4/5

User Satisfaction

A+

Financial Stability

3
Auto-Owners Insurance Co
Score:9

4/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A++

Financial Stability

4
GEICO
Score:8

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

5
State Farm
Score:82.5

3/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A

Financial Stability

6
Nationwide
Score:8

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

7
Travelers
Score:8

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A++

Financial Stability

8
MetLife
Score:8

3/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

9
Safeco
Score:77.5

3/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

10
Progressive
Score:77.5

3/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

11
Allstate
Score:7

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

12
Liberty Mutual
Score:7

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

13
National General
Score:72.5

3/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A-

Financial Stability

Average Cost of Car Insurance by Postal Code

Where you live can impact the cost of your car insurance. Drivers who live in the 37918 ZIP code — the least expensive — pay $795 on average for auto insurance. Drivers in the most expensive ZIP code — 37920 — pay $11 more per year, for a total of $806.

  • Zip Code
    State Minimumper year
  • 37918
    $795
  • 37920
    $806

Factors That Impact Insurance Costs in Knoxville

In addition to individual driver needs and history, location-specific factors like the rate of fatal accidents and the percentage of uninsured motorists also contribute to car insurance rates in Knoxville. How Knoxville ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.

accident2 icon
Most Accidents With Fatalities1st/300
handcuffs2 icon
Most Car Thefts98th/300
uninsured icon
Most Uninsured Motorists by State5th/50
insurance2 icon
Personal Injury Protection RequiredNo
rain icon
Most Annual Rainfall47th/300
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Most Rainy Days48th/300

Methodology and Assumptions

MoneyGeek’s average premium rates for Knoxville 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.

About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.