Deciphering which insurers offer the most affordable auto insurance rates after a speeding ticket involves a tad more effort in order to find the most economical policy.
Each auto insurance company has their own formula to set their prices, so let’s take a look at the auto insurance companies with the overall cheapest rates in Tennessee. It’s a good idea to be aware that Tennessee auto insurance rates are influenced by many factors that may substantially change the cost of having a policy. Simply having another birthday, buying a home instead of renting, or getting a speeding ticket may cause policy rate changes resulting in some companies being more affordable than the competition.
Best Auto Insurance Prices with Licence Points
Rank | Company | Cost Per Year |
---|---|---|
1 | Utica National | $737 |
2 | Cincinnati Insurance | $850 |
3 | Auto-Owners | $861 |
4 | Penn National | $908 |
5 | USAA | $957 |
6 | Erie | $957 |
7 | Tennessee Farmers | $961 |
8 | Nationwide | $1,002 |
9 | Allied | $1,029 |
10 | Westfield | $1,047 |
11 | GEICO | $1,144 |
12 | Progressive | $1,178 |
13 | Shelter | $1,187 |
14 | State Farm | $1,201 |
15 | State Auto | $1,204 |
16 | Travelers | $1,213 |
17 | Direct General | $1,214 |
18 | The Hartford | $1,221 |
19 | Chubb | $1,277 |
20 | 21st Century | $1,313 |
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Utica National may offer some of the cheapest car insurance rates in Tennessee at around $737 a year. Cincinnati Insurance, Auto-Owners, Penn National, and USAA also rank well as some of the lowest-priced Tennessee auto insurance companies.
In the rate table above, if you are currently insured with Cincinnati Insurance and switched to Utica National, you may realize an annual premium reduction of approxmiately $113. Customers with Auto-Owners could save as much as $124 a year, and Penn National customers might see rate reductions of $171 a year.
To get a quick, customized rate comparison, click here to start your custom quote or quote rates from the companies below.
Be aware that those rates are averages for all ages of drivers and types of vehicles and and are not figured with a rate decrease after a speeding ticket. So the auto insurance company that fits your age and vehicle best may not even be featured in the list of companies shown earlier. That illustrates why you need to compare as many prices as possible using your own personal information and vehicle type.
After a few driving violations, one of the largest components used to determine the amount you pay for auto insurance is where your car is garaged in Tennessee. Cities with larger populations like Memphis, Bartlett, and Jackson will most likely have higher rates, whereas areas with fewer weather claims and lower vehicle theft rates benefit from lower coverage costs.
The information below illustrates the most expensive places in Tennessee after a speeding ticket to buy car insurance in.
Rank | City | Annual Premium |
---|---|---|
1 | Memphis | $1,460 |
2 | Germantown | $1,374 |
3 | Bartlett | $1,363 |
4 | Collierville | $1,363 |
5 | Jackson | $1,253 |
6 | Columbia | $1,226 |
7 | Oak Ridge | $1,223 |
8 | Maryville | $1,208 |
9 | Clarksville | $1,206 |
10 | La Vergne | $1,197 |
11 | Murfreesboro | $1,183 |
12 | Knoxville | $1,182 |
13 | Brentwood | $1,179 |
14 | Nashville | $1,177 |
15 | Franklin | $1,175 |
16 | Morristown | $1,171 |
17 | Chattanooga | $1,161 |
18 | Smyrna | $1,159 |
19 | Hendersonville | $1,158 |
20 | Spring Hill | $1,157 |
21 | Cookeville | $1,136 |
22 | Cleveland | $1,135 |
23 | Gallatin | $1,133 |
24 | Johnson City | $1,063 |
25 | Kingsport | $1,037 |
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Information shown are estimated as zip code location can modify premiums noticeably.
Buying coverage from a highly-rated car insurance company is difficult considering how many choices drivers have in Tennessee. The company rank data in the next section could help you choose which car insurance companies to look at when trying find the best insurance after a speeding ticket. These ratings are for companies that insure vehicles nationwide, so smaller regional companies are not factored into this list.
Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
---|---|---|---|---|---|---|
Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
American Family | 91 | 86 | 95 | 83% | A | 89.7 |
Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
The General | 86 | 93 | 89 | 84% | A- | 88.2 |
GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
Erie Insurance | 87 | 84 | 85 | 85% | A+ | 85.3 |
Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
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Data Source: Insure.com Best Car Insurance Companies
Thanks to technology, there are a lot of ways to quote and buy auto insurance in Tennessee, but the most popular methods are through a non-exclusive or independent agent, an exclusive agency like Liberty Mutual or State Farm, or from a direct company like Geico. Each way has the same basic process, but shoppers should understand the differences in how they give price quotes.
Independent agents work with multiple companies and can quote your policy with all of them. These types of agents have the option to quote rates with many companies, which can help you get a better chance of finding cheaper coverage. If you are not satisfied with one company, they simply move the coverage in-house which is easy for the insured.
A captive, or exclusive, agent is restricted to a single company, two popular examples being an Allstate or State Farm agent. These agents usually cannot quote prices from more than a single company, so drivers will want to get other quotes as well.
Direct auto insurance buyers do not use a local agent and instead buy buying direct from a company like Progressive or Geico. This auto insurance option is good for people who do not need risk management and have an above average understanding of what specific coverages and deductibles they need.
Which way works best to buy cheap auto insurance after a speeding ticket in Tennessee? We wish we could say shopping direct results in the cheapest rates because there isn’t an agent involved, but that generally is not the case. A valid argument could also be made that an independent agent is the best way to go since there are more companies to choose from, but that’s not always true, either. In some circumstances, exclusive agents may have very competitive prices that cannot be beaten by either independent or direct companies.
Due to the fact that auto insurance rates vary so much, the guaranteed way to ensure you are not overpaying is to get quotes and compare. Be sure to get prices from all three types in order to have the best selection to choose from. A great place to start is our list of online companies offering discounts: click here to view.