WalletHub, Financial Company
Auto-Owners is the cheapest SR-22 insurance company in Tennessee, with premiums costing an average of $267 per year. Since drivers with an SR-22 are considered high-risk, they usually pay above-average rates for coverage, sometimes more than twice as much as a standard policy. The average rate increase in Tennessee is 11%.
Cheapest SR-22 Insurance Companies in Tennessee
$267 per year
$269 per year
$285 per year
$335 per year
$358 per year
Note: Premiums are for a 45-year-old driver in Tennessee; individual premiums will vary.
If these premiums all seem incredibly high, remember that the increase is only temporary. In Tennessee, you are only required to have an SR-22 on file for 3-5 years, and if you practice safe driving habits in the meantime, you should see your premiums begin to go down.
Tips for Getting Cheap SR-22 Insurance in Tennessee
- Figure out how much insurance you really need by looking at the minimum requirements for Tennessee.
- Consider a non-owner SR-22 certificate if you need to be able to drive but do not own a vehicle.
- Continue to compare insurance rates annually to make sure your insurer is still offering you the best price.
It is possible that you will not be able to find a company that is willing to insure you. If that happens, you may be able to apply for car insurance through your state, since many states provide programs to match high-risk drivers with partnering insurers. However, this should be used as a last resort because the premiums will likely be very expensive.
To learn more, check out WalletHub’s guide to SR-22 insurance.
People also ask
Did we answer your question?