Tennessee is one of the top states for drivers looking for car insurance policies, yet it can be challenging estimating its costs due to state minimum coverage amounts and local rating factors that affect each driver differently. This calculator can assist in providing estimates based on specific coverage options, driving history, and any additional personal rating factors affecting you as an individual driver.
According to Bankrate, Tennessee car insurance premiums average $482 annually – higher than the national average of $508 but still relatively inexpensive. There are various strategies you can use to reduce premiums such as increasing deductibles or liability limits and shopping around and comparing quotes regularly – some ways include selecting higher deductibles and taking higher deductibles as options or simply shopping around regularly to find better car insurance deals.
Your credit history can have a direct effect on your car insurance rates, just like at-fault accidents or claims on your record can. Unfortunately, drivers with poor credit are typically charged more by carriers for auto coverage; to find the best possible deals drivers with poor credit should shop around among multiple policies until they locate one that matches up against one another accurately.
Young and teenage drivers face some of the highest car insurance rates due to their inexperience behind the wheel and riskier driving habits. It may be challenging to find affordable coverage, but teenage drivers may have an improved chance at doing so by shopping around. Some insurers provide incentives such as good grades, safe driving records or completion of driver safety courses in exchange for reduced premiums – for instance GEICO provides liability-only coverage that’s below state average and offers discounts to policyholders earning at least a B average on their report cards.
Tennessee law mandates minimum coverage amounts of $25,000 of bodily injury liability per person and $50,000 for property damage liability; this may not cover accident-related damages entirely and it is advised that drivers purchase more coverage than this minimum limit. Investing in uninsured/underinsured motorist coverage, protecting you in case an uninsured or underinsured driver hits them, may also provide extra peace of mind should anything occur; lenders usually require comprehensive and collision coverage in addition to state minimum limits.
There are countless car insurance providers serving Tennessee residents. To help narrow your options down further, WalletHub has ranked the best insurance providers based on overall user ratings and review scores. WalletHub’s top-rated company is The General, boasting an outstanding 4.1 rating out of 5, and offering comprehensive coverage options, as well as special add-ons like roadside assistance and customized equipment coverage. Find the appropriate amount of car coverage is essential, so carefully assess your driving habits and vehicle value prior to making a selection. Read up on military family car insurance to understand more about any available discounts for this group.