Tennessee Auto Insurance
Learn more about auto insurance in Tennessee
Every state within the U.S. follows different guidelines in terms of carrying auto insurance. Tennessee requires the driver to have auto insurance, and it is highly recommended that you purchase more than the minimum required amounts. Because unexpected car accidents are, well, unexpected, you never know how much the damages can cost you. Being fully protected and prepared for such occurrences will definitely help you, both financially and medically.
Auto Insurance Coverage Minimums:
- $25,000 for bodily injury liability for one person in a single accident
- $50,000 for bodily injury liability for two or more people in a single accident
- $10,000 for property damage in a single accident
Tennessee uses the Tort Insurance System, which means that the driver that is found at fault is responsible for all damages including any additional medical expenses, loss of wages, or additional costs for “pain and suffering”. Because Tennessee follows the Tort System, it is highly suggested to get more than the required minimum coverage. Anything can happen and it is best to be fully covered so you are not financially and medically burdened from the accidents you’ve caused.
Penalties for Not Having Proper Insurance Evidence of Financial Responsibility
If you are asked by law enforcement at any time to show proof of auto insurance coverage or proof of financial responsibility in the State of Tennessee and cannot provide either, it will be a Class C misdemeanor and you will lose your license and be given a $100 fine.
Some people do not realize that by doing a little research on car insurance in Tennessee, it can highly benefit you through savings and comprehensive coverage options. By getting several auto insurance quotes, you’ll get a better idea of what type of savings and discounts you can receive. Lowering your premium rates while still maintaining proper coverage for you (and your dependents), can help save you tons of money each month.
It’s easy to get started. Simply enter your zip code below to see which provider can offer you the best auto insurance plan. A few minutes of your time can possibly save you hundreds everymonth!
Facts about Auto Insurance in Tennessee
Memphis is the largest city in the state, and as of 2006 and 1.2 million people in residence and in 2005 at 7919 vehicles stolen. Some of vehicles on the top 10 stolen list include:
- Chevrolet 1500 pickup
- Oldsmobile Cutlass
- Honda Accord
- Toyota Camry
- Ford F150 series
- Buick Century
If you own any of these vehicles, there’s a higher possibility that your insurance premiums will be above average. You can lower your premiums though by considering a few factors like installing anti-theft devices, parking in a secured parking area or your own personal locked garage.
Nashville has over 600,000 residents as of 2005, and well over 4000 vehicles stolen that same year. Some of the vehicles on the top 10 theft list for Tennessee are a Ford Explorer, Ford Taurus, Jeep Cherokee and grand Cherokee, Chevrolet, Capri, Buick Century in the Ford F150 series.
Knoxville is the third largest city in the state of Tennessee and has a population of over 170,000 as of the 2000 census. People in Knoxville Tennessee have an average commute of 20.3 minutes, which puts a lot of people on the road at the same time. If you take a safe driver’s course you can actually lower your premiums on your Tennessee insurance, and possibly save lives.
Chattanooga Tennessee has an average commute of 19.8 minutes, and in 2004 there are 28 fatal vehicle collisions involving 90 people and 45 vehicles with an average speed of 40mph. A serious car accident can collide at any speed, and most insurance limits that are state-mandated is not enough to cover you and your family for lengthy hospital stays. It typically costs just a few dollars more to increase the values of insurance on your Tennessee insurance policy.
Sources:
Tennessee Auto Insurance
Tort System Definition
Car Insurance: Tennessee
