Do you own a vehicle in The Volunteer State? If so, you will be pleased to know that median Tennessee car insurance premiums are below the national average. Your needs may be different than other drivers in your neighborhood, which is why it’s important to get a few Tennessee auto insurance quotes before you buy. 

An independent and local ReduceMyInsurance.Netr agent will be happy to help you compare Tennessee auto insurance quotes, select the best policy options for your needs, and answer your questions. Call today to get started.

 

 

 

Tennessee Car Insurance Costs

• National average cost per year: $907

• Southern region average cost per year: $945

• Tennessee average cost per year: $758

 

 

As far as Southern U.S. states go, Tennessee has some very affordable car insurance rates. When you get a quote for car insurance, it will take into account your age, where you live, your car’s make, model and year, and several other factors unique to you. Each insurer has metrics that calculate premiums for their customers and each of those metrics are different – so make sure you get a few quotes together before you purchase.

 

 

Tennessee Car Insurance Requirements

• Bodily injury liability: required

• Property damage liability: required

• Personal Injury Protection (PIP): not required

• Minimum liability limits: 25/50/15 

  • Coverage up to $50,000 for all persons injured in an accident, subject to a limit of $25,000 for one individual, and $15,000 coverage for property damage.

  • Instead of policy limits, policyholders can satisfy the requirement with a combined single limit policy. 

 

 

Tennessee state law requires all residents to purchase mandated minimum coverage for their vehicles. The penalty for violating this law is a $100 fine.

 

 

 

Tennessee Uninsured Motorists Data

• National uninsured motorists, 2009: 13.8%

• Tennessee uninsured motorists, 2009: 23.9%

• Tennessee is the 3rd most likely state to have uninsured motorists

• National average vehicle repair cost, 2008: $2,336

• Tennessee average vehicle repair cost: $2,298

 

 

The number of uninsured motorists is 10% over the national average. This could be partially due to the fact that the penalties for not carrying required coverage in Tennessee are fairly mild as compared to other states. 

Drivers without proper coverage are still responsible for any injuries and damage they cause. It may be more difficult to collect payment from an uninsured individual than it is to collect from an insurance company. Your agent may recommend adding uninsured motorist insurance to your policy to protect you in case an uninsured driver causes damage to your car. 

 

 

Tennessee Motor Vehicle Crash Statistics

• 1999 Tennessee fatalities: 1,302

• 2000 Tennessee fatalities: 1,306

• Percent change: 0.30% decrease

• Tennessee costs of crash fatalities: $1.15 billion

  • Medical cost: $14 million

  • Work loss cost: $1.14 billion

 

 

In 2009 Tennessee suffered 986 traffic deaths, and in 2010 there were 1,031. 

Personal injury protection (PIP) can help victims of severe accidents recover money lost to medical bills and unpaid leave from jobs. The state does not require motorists to carry PIP insurance, but it may be recommended by your agent.

 

 

Thefts in Tennessee

• National car theft rate (per 1,000 registered vehicles), 2010 : 2.99

• Tennessee car theft rate (per 1,000 registered vehicles), 2009: 2.89

 

 

The rate of stolen vehicles in Tennessee is slightly less than the national average. The rate of auto thefts has been declining in most areas of the country. Comprehensive coverage can help cover losses due to auto thefts, personal property thefts, or vandalism.

 

Do You Need Tennessee Car Insurance? 

ReduceMyInsurance.Net agents do not work for an insurance company. This gives them the ability to compare multiple Tennessee auto insurance quotes for you. These independent agents can also provide expert advice about the right policy options and coverage amounts. A local, independent agent can help you save time and money when you need to buy a new policy.