Who Has Cheap Auto Insurance Quotes for Lyft Drivers in Tennessee?

The vehicle requiring insurance is a significant factor when comparing cheaper insurance for Lyft drivers. Vehicles with reasonable performance levels, an excellent safety record, or a low likelihood of having liability claims will cost much less to insure than adrenaline junky models.

The lists below presents car insurance costs for a number of the most economical vehicles to insure in Tennessee.

Table data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Estimates do not factor in Tennessee location which can affect rates considerably.

Cost estimates assume single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Price estimates do not factor in zip code location which can revise prices substantially.

Table data represents single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, homeowner, and claim-free. Table data does not factor in your specific Tennessee location which can lower or raise premiums significantly.

One of the more important considerations that help determine the cost of insurance is your address in Tennessee. Densely populated urban areas like Memphis, Germantown, and Jackson will most likely pay more, whereas areas with less traffic congestion and claims tend to receive slightly lower rates.

The table below rates the highest-priced places in Tennessee for Lyft drivers in which to purchase auto insurance.

Rate quotes are comparative as specific location information can affect rates substantially.

Finding dependable, low-cost car insurance is easier said than done, and determining which company offers the lowest-priced car insurance rates for Lyft drivers may require a bit more work. Each auto insurer has a proprietary method for setting rates, so we’ll take a look at the most competitive car insurance companies in Tennessee.

It’s a good idea to be aware that Tennessee car insurance rates are impacted by many factors which can substantially decrease or increase the cost of your policy. This price fluctuation is why it is critical to spend some time comparing rates when trying to get the best insurance quotes for Lyft drivers. Auto insurance prices are made up of many different factors and change substantially, so the best price the last time you shopped your coverage around may now be wasting a lot of money.

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Utica National has some of the cheapest car insurance rates in Tennessee at around $744 per year. Auto-Owners, Cincinnati Insurance, Penn National, and USAA also qualify as some of the cheaper Tennessee auto insurance companies.

As illustrated above, if you buy coverage from Cincinnati Insurance and switched to Utica National, you may see a yearly price reduction of approxmiately $132. Policyholders with Penn National might save as much as $182 a year, and USAA policyholders might reduce rates by $213 a year.

Bear in mind that those policy prices are averages for all ages of drivers and types of vehicles and and are not figured with a price decrease for Lyft drivers. So the insurer that is best suited for you may not even be in the rate chart shown above. That emphasizes why you need to compare rates from as many companies as possible using your own personalized driver profile and vehicle information.

Discounts on cheap auto insurance for Lyft drivers in Tennessee

Insurance providers that offer coverage for Lyft drivers could also offer policy discounts that may potentially lower prices by 25% or more if you are eligible. Larger car insurance companies and some of their more popular discounts are:

The example below illustrates the difference between insurance costs with and without some available policy discounts. The price estimates are based on a male driver, no violations or accidents, Tennessee state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second bar shows the rates with multiple policy, multiple vehicle, anti-theft, homeowner, passive restraint, and safe-driver discounts applied. When drivers qualify for the discounts, the average savings per year on car insurance for Lyft drivers is 43% or $598.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Male Driver No Discounts’, ‘Male Driver with Discounts’],[‘Age 20’, 2241,1611],[‘Age 30’, 1177,857],[‘Age 40’, 1153,837],[‘Age 50’, 1055,765],[‘Age 60’, 1019,739],[‘Age 70’, 1261,909]]);var options = {title: ‘Insurance Rate Comparison for Lyft Drivers’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9’, ‘#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}

Insuring your vehicle with the right auto insurance provider can be a challenge considering how many choices you have in Tennessee. The information below could help you decide which auto insurers to look at when trying to find the cheapest insurance for Lyft drivers.

The ratings below include companies with a national presence, so companies that focus mainly on Tennessee business are not factored into the list. If you wish to compare rates from the insurers below and more, click this link.

Top 10 Large Auto Insurers in Tennessee Ranked by A.M. Best Rating

1. Travelers – A++
2. USAA – A++
3. GEICO – A++
4. State Farm – A++
5. Esurance – A+
6. Progressive – A+
7. Titan Insurance – A+
8. The Hartford – A+
9. Allstate – A+
10. Nationwide – A+

Geico, Progressive, Allstate, or State Farm: Which is best?

When it comes to buying car insurance for Lyft vehicles in Tennessee, four companies to consider are Geico, Progressive, Allstate, and State Farm. Between them, they insure almost 50% of all vehicles in the U.S.. The table below compares and contrasts some of the different options and features you can expect with each one.