In Tennessee, you need $25,000 in bodily injury coverage per person ($50,000 per accident). Bodily injury liability insurance pays for other people’s injuries after a car accident that you cause, and it can also cover your legal fees if you are sued after a crash.
In addition to bodily injury liability insurance, drivers in Tennessee need to purchase $15,000 in property damage liability insurance. Property damage liability coverage pays for damage to others’ property after an accident caused by the policyholder.
Together, these Tennessee liability insurance requirements are often written as 25/50/15. Even though Tennessee only requires 25/50/15 in liability insurance, it’s a good idea to purchase more coverage if you can afford it. Buying higher coverage limits can protect you financially if you cause a serious accident.
Tennessee is an at-fault state, which means that the at-fault driver is responsible for paying for everyone injured in the accident. There are no restrictions on the right to sue after an accident in at-fault states, even if the insured buys personal injury protection (PIP).
On average, state minimum coverage costs $1,046 per year in Tennessee, but there are many factors that can affect how much you pay for a policy. Any coverage above and beyond what is required by Tennessee law is optional, but it’s usually worth the money to get some additional protection. The biggest reason is that state minimum coverage doesn’t protect your personal vehicle. For insurance to pay for damage to your car, you’ll need full coverage.
In Tennessee, full coverage refers to a policy that includes collision and comprehensive, plus higher coverage limits than what is required by state law. Full coverage car insurance costs about $3,626 per year in Tennessee. There may be cases when you don’t need full coverage insurance, but Tennessee drivers should buy as much coverage as they can afford as a general rule.
Most policies offer coverage for six months to one year at a time and can be paid in a variety of ways, including monthly payments. The best car insurance companies in Tennessee balance affordability with quality coverage and strong customer service. You can easily get a quote from top companies like State Farm, Geico, Nationwide, Erie Insurance, Alfa Insurance, and Farm Bureau Insurance - Tennesee online or over the phone, or use WalletHub’s comparison tools to find the best car insurance policy for your needs.
Car insurance in Tennessee is $39 per month for minimum coverage and $145 per month for full coverage, on average. The cheapest insurance companies in Tennessee are State Farm, Geico and Erie, and getting quotes from several companies can help you find the best deal.
Average Cost of Car Insurance in Tennessee by Category
The average cost of car insurance in Tennessee is 36% lower than the national average auto insurance premium, and Tennessee ranks 14 out of 50 for the most affordable car insurance rates in the U.S.. There are several factors that affect how much you’ll pay for car insurance in Tennessee, including your driving record, age, location, the amount of coverage that you purchase, and the insurance company you buy it from.
Finally, it’s worth noting that car insurance premiums in Tennessee are low, compared to the cost of coverage in neighboring states like Kentucky and Georgia. You can find more details in the table below.
Cost of Car Insurance in Tennessee vs. Neighboring States
No, uninsured motorist coverage is not required in Tennessee, as drivers can reject the coverage in writing. Still, insurance companies are required to offer at least $25,000 in uninsured motorist bodily injury coverage per person (up to $50,000 per accident), as well as $15,000 in uninsured motorist property damage insurance per accident.… read full answer
For Tennessee drivers who do not opt out by rejecting the coverage in writing, uninsured/underinsured motorist coverage helps pay for a car accident in which the other driver doesn’t have car insurance, or doesn’t have enough coverage for the damage they caused.
Why You Should Get Uninsured Motorist Coverage in Tennessee
Normally, an at-fault driver’s insurance helps pay for any damage after an accident. However, if the other driver doesn’t have any – or enough – coverage, it can be time-consuming and difficult to sue them for funds to cover any medical or repair bills. That’s where this optional insurance coverage can help you save time and money.
Even though Tennessee does not require uninsured and underinsured motorist coverage, you should still consider buying it. In Tennessee, an average of 20% of drivers on the road don’t have car insurance, which means there is a 1 in 5 chance that the other driver won’t have coverage if you get into an accident. Car accidents in Tennessee can be very expensive, too.
Key Facts About Uninsured Motorist Coverage in Tennessee:
Minimum Uninsured Motorist Bodily Injury: $25,000 per person and up to $50,000 per accident
Minimum Uninsured Motorist Property Damage: $15,000 per accident
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