Tennessee drivers looking for affordable car insurance rates should consider several factors when searching for their policy, such as age, location, driving history and credit score. By shopping around and comparing quotes they could save hundreds each year; with WalletHub’s Tennessee Car Insurance Calculator they can quickly estimate both minimum coverage policies as well as full coverage policies costs in minutes.
Liability-only policies that meet Tennessee’s financial responsibility laws tend to be the least expensive options; however, these don’t protect drivers against the financial costs of accidents that they cause. Full coverage policies offer more comprehensive protection – including paying medical costs for other drivers injured and protecting insureds’ vehicles against theft, natural disasters or collision.
Tennessee insurance prices differ according to demographic, with teens and senior citizens generally incurring the highest premiums. As insurers typically perceive them as being higher risk, they charge higher auto insurance premiums; however drivers can reduce their rates by maintaining a clean driving record and avoiding high-risk behaviors like speeding tickets and DUI convictions.
Drivers can save by choosing an efficient car and maintaining good credit. Insurers typically factor in fuel economy and safety features when setting premiums; additionally, choosing a smaller vehicle could bring additional savings as they’re less likely to be involved in accidents.
Age and gender also play a key role in Tennessee car insurance costs, with insurers considering younger and male drivers as higher risks than older and female drivers, so they charge them more for coverage. Drivers may save money by adding a safe driving course to their policy or joining an auto club.
As previously noted, where drivers live can also have an enormous effect on their car insurance rates. Different areas can pose more or less of a risk due to factors like crime rates, weather patterns and traffic density – and insurance companies factor this information into their calculations for premium rates.
WalletHub’s research team identified Tennessee’s top car insurance providers based on user ratings, policies and discounts available. The General was identified as offering both basic and comprehensive coverage options and was named the cheapest Tennessee provider with customer ratings of 4.1 out of 5, nine discounts available and minimum and maximum premium costs from State Farm of $679 and Progressive of $1,181, respectively. Drivers can compare quotes online to find their ideal policy providers.