As you search for Tennessee car insurance, be on the lookout for discounts that could save money on premiums – these could typically be available through most insurers.
Your credit score is one of the main influences in determining your car insurance rates, so it’s crucial that you maintain a healthy credit history and don’t incur tickets or accidents on it. According to industry data, having poor credit can increase rates by an estimated $1,200 annually.
Tennessee drivers must carry liability insurance to cover other drivers’ costs, but you may also opt for higher-level coverage that offers additional protection such as collision and comprehensive policies, personal injury protection (PIP) coverage as well as lost wage reimbursement in case of an accident.
Tennessee law mandates minimum liability insurance requirements of $25,000 per person and $50,000 per accident for bodily injury liability coverage, plus $15,000 per incident for property damage liability. You can purchase an extended policy that meets more comprehensive and collision coverage, but this will incur more cost.
How often you drive can also have an effect on your rate. Driving frequently raises premiums since insurers view frequent vehicle usage as more risky for them than occasional usage.
As part of your efforts to lower insurance premiums, choosing a more secure car can also help. This may involve choosing one with a low theft rate, fitting anti-theft devices into the vehicle and installing alarms or other safety features into it.
Age and gender also impact insurance costs; insurers perceive younger drivers as more prone to accidents and engaging in risky driving behaviors such as speeding; thus charging them higher premiums than older drivers.
Your mileage and purpose of use could also have an effect on your Tennessee car insurance cost. High mileage drivers are more likely to incur expensive repairs if their cars are involved in an accident, while they’re also susceptible to vandalism; consequently, their premiums might increase accordingly.
Insurance for multiple drivers may prove beneficial in saving both time and money in the long run. Furthermore, it can make it simpler for your family to compare rates if multiple people drive within it.
Finding cheap car insurance in Tennessee may seem impossible, but WalletHub makes the search easier by comparing quotes from top companies and analyzing key driver profile data to create 40 distinct profiles that aim to identify the cheapest insurance providers for Tennessee drivers.
USAA was identified as offering the lowest average rate across all profiles, making them an excellent option for military members, veterans and their families. Their customer satisfaction score ranks highly and they have a proven record for providing affordable insurance policies to eligible drivers.