Table of Contents
Is car insurance cheaper in Tennessee?
Fortunately, car insurance rates in Tennessee are cheaper than the national average premium. For comparison, the average cost of car insurance in the United States is $1,674 per year for a full coverage policy and $565 per year for a minimum coverage policy.
Which type of car insurance is cheapest?
Minimum liability insurance is the cheapest type of car insurance and lowest level of coverage required by most states. Additionally, most car insurance quotes also include full coverage quotes for those who need a higher level of protection.
Is auto insurance expensive in Tennessee?
In Tennessee, the average cost of a full coverage car insurance policy is $1,018 per year, while minimum coverage costs approximately $504 per year. Insurers charge the highest rate of roughly $2,555 per year for including a young driver on a policy, and with a driving violation, drivers pay around $1,233 per year.
What is one of the least expensive states for car insurance?
Car insurance rates by state: Most expensive and cheapest states for car insurance in 2022. Florida is the state with the most expensive auto insurance in 2022, while Ohio is the cheapest. Read our full guide to the most expensive and cheapest states for auto insurance.
Which state has the best auto insurance rates?
- 1) New Hampshire.
- 2) Maine.
- 3) Ohio.
- 4) Virginia.
- 5) Idaho.
- 6) North Carolina.
- 7) Vermont.
- 8) Wisconsin.
What is the Tennessee state minimum auto insurance?
The required minimum limits of your liability car insurance are: $25,000 for each injury or death per accident. $50,000 for total injuries or deaths per accident. $15,000 for property damage per accident.
What insurance group is the lowest?
Group 1 is the lowest risk car insurance group. The highest risk group is 50. For example, a Skoda Citigo 1.0 SE is in the lowest group (1). It is one of the least expensive vehicles to insure.