Best car insurance companies in Tennessee: Erie Insurance

Erie Insurance is the best car insurance company in Tennessee, based on an analysis by Insurance.com, with an overall rating of 3.68. Other than Erie Insurance, Travelers, State Farm, and Geico are among the top car insurance companies in Tennessee.

Below is a list of the top Tennessee insurance companies based on price, NAIC complaint ratio, and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.

Best car insurance in Tennessee
Company AM BestAvg. Annual PremiumJ.D. PowerNAICInsurance.com score
Erie InsuranceA+$1,5988290.613.68
TravelersA++$1,3958510.493.52
State FarmA++$1,6778070.73.31
GeicoA++$1,5658470.913.17
ProgressiveA+$1,5508280.653.14
NationwideA+$1,6328180.643.1
FarmersA$1,7708570.82.88
AllstateA+$3,0328160.652.39

Cheapest car insurance companies in Tennessee: Tennessee Farmers

Based on a rate analysis by Insurance.com, USAA offers the cheapest full coverage car insurance in Tennessee, with average rates of $1,194 annually or $99 a month, but is only open to military families. Tennessee Farmers is the most affordable company overall for full coverage, state minimum, or liability coverage, and it is open to all drivers. Their average annual rate for full coverage in Tennessee is $1,355.

Comparison shopping is the key to finding the best deal on auto insurance. Get quotes from several different insurers and compare their rates. You may be surprised at how much difference there can be in rates from one company to another.

We have gathered price quotes from all the major insurance providers in Tennessee and compiled a list of the cheapest car insurance companies.

Cheapest car insurance in Tennessee
Company State minimum liability50/100/50 liability100/300/100 liability with $500 deductible
USAA*$266$375$1,194
Tennessee Farmers$287$352$1,355
Travelers$390$486$1,395
Progressive$605$663$1,550
Geico$316$409$1,565
Erie Insurance$307$395$1,598
Nationwide$603$725$1,632
State Farm$342$425$1,677
Farmers$536$753$1,770
Allstate$772$885$3,032

*USAA offers car insurance only to military members, veterans and their families.

Average cost of car insurance in Tennessee

The average car insurance rate in Tennessee is $1,677 a year for a full coverage policy with liability limits of 100/300/100 and $500 deductibles, according to a rate analysis by Insurance.com. For state minimum coverage, the average annual cost in Tennessee is $442.

Auto insurance calculator

Average auto insurance rates in Tennessee
30
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Male
Male Female
37206 - Nashville
For a 30-year-old male
$34 State minimum
$121 Full coverage
$42 Liability only
View most and least expensive zip codes

Most & least expensive ZIP codes for auto insurance in Tennessee

Most Expensive

Zip CodeCityHighest Rate
38127Memphis$162
38118Memphis$161
38116Memphis$160
38109Memphis$160

Least Expensive

Zip CodeCityLowest Rate
37604Johnson City$97
37601Central$97
37684Mountain Home$98
37615Gray$98

Cheapest car insurance cost in Tennessee by age

In Tennessee, car insurance rates are higher for teenagers as they are more prone to accidents due to their lack of experience on the road.

Tennessee Farmers offers the cheapest car insurance for teen drivers in Tennessee at $3,963 per year for a full coverage policy.

Car insurance rates will decrease as teens age and keep a good driving record. Car insurance rates for adults 25+ and seniors 60+ are lower than those for teens and young adults. 

In Tennessee, Tennessee Farmers offers the cheapest full coverage car insurance for adult drivers and senior drivers at $1,366 per year and $1,227 per year, respectively. USAA offers cheaper rates, if you’re eligible.

Cheapest car insurance in Tennessee by age
Age Company Avg annual premium 
Teens (16-19)Tennessee Farmers$3,963
Teens (16-19)Erie Insurance$3,977
Teens (16-19)Travelers$4,405
Teens (16-19)USAA*$4,475
Teens (16-19)State Farm$4,919
Teens (16-19)Geico$5,028
Teens (16-19)Nationwide$6,826
Teens (16-19)Progressive$7,038
Teens (16-19)Farmers$7,635
Teens (16-19)Allstate$10,475
Young Adults (20-24)USAA$1,916
Young Adults (20-24)Travelers$2,179
Young Adults (20-24)Farmers$2,319
Young Adults (20-24)Progressive$2,522
Young Adults (20-24)Tennessee Farmers$2,530
Young Adults (20-24)Geico$2,546
Young Adults (20-24)Erie Insurance$2,628
Young Adults (20-24)State Farm$2,840
Young Adults (20-24)Nationwide$2,914
Young Adults (20-24)Allstate$4,783
Adults (25-60)USAA$1,214
Adults (25-60)Tennessee Farmers$1,366
Adults (25-60)Travelers$1,422
Adults (25-60)Progressive$1,575
Adults (25-60)Nationwide$1,595
Adults (25-60)Geico$1,615
Adults (25-60)Erie Insurance$1,620
Adults (25-60)State Farm$1,687
Adults (25-60)Farmers$1,688
Adults (25-60)Allstate$3,003
Seniors (65-75)USAA*$1,190
Seniors (65-75)Tennessee Farmers$1,227
Seniors (65-75)Travelers$1,419
Seniors (65-75)Geico$1,536
Seniors (65-75)State Farm$1,601
Seniors (65-75)Nationwide$1,625
Seniors (65-75)Erie Insurance$1,639
Seniors (65-75)Progressive$1,679
Seniors (65-75)Farmers$1,744
Seniors (65-75)Allstate$3,068

*USAA offers car insurance only to military members, veterans and their families.

Cheapest car insurance companies in Tennessee by driver profile

Drivers with accidents or tickets on their record are considered a higher risk and will pay more for car insurance. In Tennessee, State Farm offers the cheapest car insurance rates for drivers with an accident, at $1,308 per year. However, the severity and frequency of the incidents impact how much insurance rates go up.

Nationwide is the cheapest option for drivers with speeding tickets at an average rate of $1,533 per year. USAA offers the cheapest car insurance for drivers with speeding tickets. However, it covers specifically the military community.

Below are average Tennessee rates by company for drivers with accidents and tickets on their driving record.  

Cheapest auto insurance in Tennessee for drivers with tickets and accidents
CompanyClean record Accident Speeding Ticket
USAA*$916$1,605$1,146
Geico$1,013$2,121$1,795
Nationwide$1,070$1,793$1,533
Auto-Owners$1,101$2,675$2,181
State Farm$1,108$1,308$1,208
Travelers$1,248$1,923$1,883
Farmers$1,301$2,114$1,810
Erie Insurance$1,449$2,046$1,583
Allstate$1,941$3,003$2,220
Progressive$1,968$3,605$2,684

*USAA offers car insurance only to military members, veterans and their families.

Compare auto insurance rates by city in Tennessee

Auto insurance rates in your city can differ significantly from the state average due to factors such as population density, increased instances of auto theft or accidents, and a few other factors. It's best to compare quotes from various insurance providers to find the most competitive rates for your specific city in Tennessee.

CityAnnual insurance premium
Ashland City
$1,694
Dayton
$1,591
Knoxville
$1,580
Memphis
$2,161
Nashville
$1,708

Insurance.com commissioned Quadrant Information Services in 2023 to field rates from major insurers in every state across most ZIP codes. Driver profile: male, age 40, driving a 2023 Honda Accord LX with full coverage of 100/300/100 with comprehensive and collision; $500 deductible.

The car insurance rates for drivers with accidents and tickets are averaged based on rates for the following accidents and tickets: 

Accidents: 

  • 1 at-fault property damage accident over $2k
  • 1 at-fault property damage accident under $2k
  • At-fault bodily injury accident 
  • Single vehicle accident 

Tickets: 

  • Distracted driving ticket
  • Speeding ticket 1- 10 MPH over limit 
  • Speeding ticket 11- 29 MPH over limit 
  • Talking on cellphone ticket 
  • Texting ticket 

Insurance.com analyzed rates from more than 34,000 ZIP codes, 56 million quotes, and 136 companies. Rates sourced from Quadrant Data Services are for comparison purposes only; your rates may differ.   

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