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.
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
- Uninsured Drivers on the Road: 20%
- Crashes per Year: 172,214
- Odds of a Crash with an Uninsured Driver: 1 in 5
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines
. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.