For those looking for Tennessee car insurance quotes, you’ve come to the right place. Keep in mind that getting a quote is just one of many ways to save money on your insurance policy. There are many other considerations you’ll have to look at as well.
Nevertheless, it is a very good first step to see what insurance companies are willing to offer you. You can learn more about all your Tennessee insurance options by reading the information below. Just be sure that you follow all liability minimums and state laws and you should be able to get insurance coverage at a fair price.
Minimum Auto Insurance Requirements In Tennessee
If you own and operate a vehicle in Tennessee, you’ll need to make sure that it’s insured, or that you meet the financial responsibility requirements. The current minimum liability insurance requirement for Tennessee drivers is 25/50/15 coverage.
This means: $25,000.00 for one injury or death; $50,000.00 for all injuries or deaths and $15,000.00 for property damage for one accident. If you choose to meet you financial responsibility requirements through insurance, this is the only insurance you are required by law to have for your car or other motor vehicle.
There are two other options that are potentially available for you, if you do not wish to purchase insurance from an insurer. You may be able to get a certificate from the Department of Safety noting that a cash deposit or bond has been posted in the amount required by the Tennessee Financial Responsibility Law of 1977. Alternatively, you may be able to self-insure under Section 55-12-111, but only if you meet certain requirements. Overall it is cheaper and easier just to buy insurance.
Furthermore, it is a good idea that you at least consider buying more coverage than the absolute minimums listed above. First of all, you should think about getting more than the bare minimum liability coverage. Second, you should also consider buying additional forms of auto insurance such as collision coverage, comprehensive insurance and/or Uninsured or Underinsured insurance protection.
The costs of accidents are increasing all the time, so it is in your best interest to be protected.
Tennessee State Auto Insurance Laws
Trying to get information about Tennessee car insurance laws from the internet can be difficult and time consuming. The most complete source of information, if you have the time, is to read the Rules of the Department of Commerce and Insurance. It provides all the information you could possibly want about insurance in Tennessee, just not in the most convenient format.
The most important thing to know about auto insurance in Tennessee is that it is still governed by the Tennessee Financial Responsibility Law of 1977 (which has been amended several times since then). Among other things, it established the minimum liability insurance limits as outlined above.
It is also useful to know that Tennessee car insurance operates under the tort law system. This is the most common insurance system in the United States at the moment. Basically, it means that those who cause accident have to pay for the costs. Of course if you are insured, your insurance company will pay, up to the limits of your policy; if you’re found to be at fault.
Fines for failing to show proof of insurance vary. A first time offense is a Class C misdemeanor with a fine of no more than $100.00 and/or suspension of your driver’s license. Further convictions can result in a STOP order placed on your car and the possibility of having to file an SR-22 form.
You should also be aware that being convicted of not having proper insurance can impact your future ability to purchase affordable coverage. If you lie about past convictions on an insurance application, you can have your policy canceled, or you can be denied protection in the event of a accident. The other important reason why an insurance company can cancel your coverage, is if you fail to pay you premiums on time. So don’t lie and be sure to be punctual with your payments.
You can learn more from the Department of Safety And Homeland Security and/or the Tennessee Department of Commerce and Insurance (see links at the bottom of this page).
Tennessee Car Insurance Companies
There are dozens of companies that sell auto insurance policies in Tennessee. Using free instant quote forms like ours, is a good first step to finding the right company for you. You can also learn more from individual insurance company websites. You can find a list of all insurance companies licensed to do business in Tennessee using the Insurance Division’s company search page.
For a more focused list of the largest insurers, the following 26 companies are all affiliated with the Insurance Information Institute and are authorized to sell auto insurance in Tennessee. They are all the largest in the country and originate the vast majority of Tennessee’s auto insurance policies.
The companies listed above may be big, but they may not be always be the best. Before you buy your car insurance policy, you need to check into the company just a little bit. Therefore, you should have a look at disciplinary actions taken against agents, actions taken against companies, and overall ratings from A.M. Best.
If you have a problem with your insurer the Insurance Division has an online consumer complaint form.
Average Tennessee Auto Insurance Rates
By most measures car insurance is relatively cheap in Tennessee. The Insurance Information Institute claims that the average insurance premiums in 2007 for Tennessee drivers was just $649 per year. This is well below the national average of $795 that they reported for that year.
In terms of online quotes, CarInsurance.com reports that the Tennessee average to be $983 in 2011. This is well below the average online car insurance quote of $1,436 for the US as a whole. Keep in mind these numbers are for online quotes only. Still, it shows that Tennessee drivers have it much better than drivers in other states.
Tennessee Car Accident Statistics
Given Tennessee’s record, it is somewhat surprising that it has such low rates. Overall, the death rate on Tennessee roads is higher than the national average. In 2009 Tennessee had 989 road deaths. This represents a fatality rate of 1.41 per 100 million miles traveled, versus the national average of 1.14.
In terms of DUIs, the state recorded 24,756 convictions in 2010-11. Drunk driving was responsible for 303 deaths in 2009 or about 31% of the total; in line with the national average. The good news is that this number is steadily falling.
The Office of Research, Statistics, and Analysis has published a list of crashes by county from different sorts of drivers such as young drivers (16-25), seniors (65+), those speeding, and those where alcohol was a factor. Moreover, the Tennessee Highway Patrol has detailed statistics on Citations by Violation Type.
Finally, although there are many fatal accidents through out the state, the National Highway Traffic Safety Administration has found that 6 counties consistently average more than 20 each per year. They are: Shelby County, Davidson County, Knox County, Hamilton County, Rutherford County and Montgomery County.
Why You Should Get Tennessee Car Insurance Quotes
As you’ve already seen, Tennessee car insurance quotes have the tendency of being much cheaper compared to what you might get in other states. But of course, if you get a cheap car insurance, you still have to abide by a few guidelines. The first thing to do is make sure you get your quotes online, since this is the only practical way to compare rates quickly.
Not only does looking online make the whole process a lot more convenient, but it also, gives you the benefit of inquiring about different discount and incentive options. With all the benefits that the Internet has provided these days, it should not be surprising to see how much better it can be to get that Tennessee car insurance quote online.
You won’t be hassled with the usual things that you have to do when you’re getting it in person. Plus, you can get a Tennessee car insurance quote anytime you want. Just imagine how convenient it can be when you can get auto insurance at any time you want, even in the middle of the night. Sounds outrageous, but it can be possible.
For instant Tennessee auto insurance quotes, all you have to do is provide you zip code below and away you go. You’ll be getting quotes in no time flat. Truly, this is an advantage that no driver can pass up.
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