Performance level and cost of the vehicle you are trying to insure is one of the largest considerations that determines whether or not you find the most affordable coverage for drivers requiring a SR22. Vehicles with more horsepower, poor safety features, or a history of substantial liability claims will cost much more to insure than safer, lower-performance models.
The tables below outlines coverage premiums for the cheaper vehicles to insure.
Make, Model, and Trim Level | Annual Cost | Semi-Annual Cost | Monthly Cost |
---|---|---|---|
Chevrolet Malibu Hybrid | $2,986 | $1,493 | $249 |
Ford Focus SEL 4-Dr Sedan | $3,082 | $1,541 | $257 |
Ford Fusion Sport AWD 4-Dr Sedan | $3,310 | $1,655 | $276 |
Honda Accord EX-L 4-Dr Sedan | $2,686 | $1,343 | $224 |
Honda Civic VP 4-Dr Sedan | $3,082 | $1,541 | $257 |
Hyundai Elantra Blue 4-Dr Sedan | $3,082 | $1,541 | $257 |
Kia Optima EX | $3,410 | $1,705 | $284 |
Nissan Altima 2.5 S 4-Dr Sedan | $3,116 | $1,558 | $260 |
Toyota Camry Hybrid | $3,410 | $1,705 | $284 |
Toyota Corolla XLE | $3,116 | $1,558 | $260 |
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Above prices assume single male driver age 30, two speeding tickets, two at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-vehicle, homeowner, and multi-policy. Price estimates do not factor in vehicle garaging location which can modify coverage prices substantially.
Make, Model, and Trim Level | Annual Cost | Semi-Annual Cost | Monthly Cost |
---|---|---|---|
BMW X5 3.0I AWD | $3,180 | $1,590 | $265 |
Chevrolet Suburban LT 2WD | $3,018 | $1,509 | $252 |
Chevrolet Traverse LS 2WD | $2,558 | $1,279 | $213 |
Ford Escape XLS 2WD | $2,524 | $1,262 | $210 |
Ford Explorer Eddie Bauer 2WD | $2,858 | $1,429 | $238 |
GMC Acadia SL AWD | $2,858 | $1,429 | $238 |
Honda CR-V LX 4WD | $2,524 | $1,262 | $210 |
Honda Pilot Touring 2WD | $3,018 | $1,509 | $252 |
Jeep Grand Cherokee SRT-8 4WD | $3,148 | $1,574 | $262 |
Lexus RX 350 4WD | $3,572 | $1,786 | $298 |
Subaru Forester X Premium AWD | $2,718 | $1,359 | $227 |
Toyota 4Runner SR/5 4WD | $2,718 | $1,359 | $227 |
Toyota Highlander Hybrid 4WD | $3,180 | $1,590 | $265 |
Toyota RAV4 Limited 4WD | $2,986 | $1,493 | $249 |
Volvo XC90 3.2 2WD | $3,148 | $1,574 | $262 |
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Data assumes single male driver age 30, two speeding tickets, two at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-policy, homeowner, and multi-vehicle. Premium amounts do not factor in specific Tennessee garaging location which can alter insurance rates significantly.
Make, Model, and Trim Level | Annual Cost | Semi-Annual Cost | Monthly Cost |
---|---|---|---|
Chevrolet Colorado LT Crew Cab 2WD | $2,952 | $1,476 | $246 |
Chevrolet Silverado LS Regular Cab 4WD | $2,824 | $1,412 | $235 |
Dodge Ram 2500 Mega Cab SLT 4WD | $3,606 | $1,803 | $301 |
Dodge Ram Quad Cab Laramie 4WD | $3,572 | $1,786 | $298 |
Ford F-150 STX Super Cab 2WD | $2,824 | $1,412 | $235 |
Ford F-350 XLT Super Cab 2WD | $3,180 | $1,590 | $265 |
GMC Canyon SLE Regular Cab 4WD | $2,858 | $1,429 | $238 |
GMC Sierra 3500HD SLE Extended Cab 4WD | $3,814 | $1,907 | $318 |
GMC Sierra SLE Regular Cab 4WD | $3,148 | $1,574 | $262 |
Toyota Tundra Limited Crew MAX 4WD | $3,442 | $1,721 | $287 |
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Price data assumes single male driver age 30, two speeding tickets, two at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-vehicle, homeowner, and multi-policy. Rates do not factor in specific location which can alter coverage rates significantly.
For high risk drivers, one of the more important criteria that control rate quotes is where you call home in Tennessee. More populated areas like Memphis, Germantown, and Jackson are more likely to pay higher prices, whereas areas with less congestion generally pay less for car insurance.
The information below shows the more expensive cities in Tennessee for drivers requiring a SR22 to buy an auto insurance policy in.
Rank | City | Premium Per Year |
---|---|---|
1 | Memphis | $1,490 |
2 | Bartlett | $1,363 |
3 | Germantown | $1,334 |
4 | Collierville | $1,309 |
5 | Jackson | $1,266 |
6 | Oak Ridge | $1,223 |
7 | Clarksville | $1,206 |
8 | Knoxville | $1,194 |
9 | Spring Hill | $1,193 |
10 | Murfreesboro | $1,183 |
11 | Columbia | $1,178 |
12 | Nashville | $1,177 |
13 | Maryville | $1,172 |
14 | Morristown | $1,171 |
15 | Gallatin | $1,167 |
16 | Franklin | $1,164 |
17 | La Vergne | $1,162 |
18 | Hendersonville | $1,158 |
19 | Chattanooga | $1,149 |
20 | Smyrna | $1,148 |
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Table data uses estimated as the specific zip code location can impact prices noticeably.
When it comes to buying auto insurance for high risk drivers in Tennessee, four companies to definitely compare rates with are Allstate, Geico, Progressive, and State Farm. The following table points out ratings for price and service, as well as some optional coverages that are available for policyholders.
Allstate | Geico | Progressive | State Farm | |
---|---|---|---|---|
Client Satisfaction | 2nd | 1st | 3rd | 4th |
Policy Discounts | 1st | 2nd | 4th | 3rd |
Overall Cost | 4th | 1st | 3rd | 2nd |
Claims Handling | 1st | 3rd | 4th | 2nd |
Amount of market share | 10% | 11.4% | 8.8% | 18.3% |
Recommend by customers | 86% | 87% | 88% | 88% |
Rating from A.M. Best | A+ | A++ | A+ | A++ |
New car replacement insurance | Yes | No | No | No |
Rideshare insurance | Yes | Yes | Yes | Yes |
Rating based on usage | Yes | No | Yes | Yes |
Emergency roadside assistance | Yes | Yes | Yes | Yes |
Mechnical breakdown | No | Yes | Yes | No |
Accident forgiveness | Yes | Yes | Yes | No |
Where to buy | Can only buy from Allstate agents | From a Geico agent or online | Buy online or from an independent agent | Only from State Farm agents |
Number of agents | 11,000+ | 150+ | 30,000+ | 18,000+ |
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