Who Has the Cheapest Car Insurance for 17 Year Olds in Tennessee?

Ideally, we could tell you the company that has the best car insurance rates in Tennessee. Unfortunately, it’s not that simple as there are a whole bunch of unknown aspects such as the performance level of your vehicle, whether you have good or poor credit, and if you have ever had a coverage lapse. This article covers some of these things and will give you a good start in finding the cheapest insurance in Tennessee.

The vehicle on the policy is one of the largest factors that determines whether or not you can buy the cheapest coverage for 17 year olds. Vehicles with high performance engines, poor safety features, or an increased likelihood of liability claims will cost quite a bit more to insure than safer, lower-performance models.

The next table features auto insurance premiums for a number of the cheapest vehicles to insure.

Cost estimates assume single male driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Tennessee minimum liability limits. Discounts applied include safe-driver, and claim-free. Prices do not factor in specific Tennessee garaging location which can change premiums substantially.

Looking at the data, you can infer that cars like the Ford Escape, Honda CR-V, and Volkswagen Jetta are most likely going to be a few of the more affordable vehicles to insure for teen drivers. Prices will be more costly because of the fact that there is a higher risk for 17 year olds, but generally speaking those models will have the best insurance prices available.

Finding reliable, affordable insurance is not easy, and finding out which companies offer the lowest-priced auto insurance rates for 17 year olds may require even more work. Policy rates may be quite a bit pricier than the average policy in Tennessee because of the added risk that comes with offering insurance for teen drivers, but reasonably-priced insurance may be available if you carefully shop around. Every insurance provider uses slightly different criteria for determining rates, so to begin we’ll rank the auto insurance companies that tend to be cheaper in Tennessee.

Best Insurance Companies for Teens

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Utica National generally has some of the best car insurance rates in Tennessee at around $767 a year. Auto-Owners, Cincinnati Insurance, Tennessee Farmers, and Penn National also are some of the cheapest Tennessee car insurance companies.

As the rates illustrate above, if you currently buy coverage from Auto-Owners and switched to Utica National, you may see yearly savings of in the neighborhood of $69. Insureds with Cincinnati Insurance could save as much as $109 a year, and Tennessee Farmers customers might see rate reductions of $156 a year.

To find the cheapest car insurance for 17 year olds in Tennessee for your vehicle, click here to start your custom quote or click through to the companies below.

Bear in mind that those policy prices are averages across all insureds and vehicles and and are not calculated with a price surcharge for 17 year olds. So the car insurance company that can offer the best rates for your situation may not even be featured in the rate chart shown above. That affirms the importance of why you need to compare prices as often as possible using your own individual information.

The illustration below highlights how deductible choice can increase or decrease yearly insurance costs when quoting cheap insurance for 17 year olds. The information is based on a single male driver, full coverage, and no other discounts are factored in.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 3839,3493,3119,2767],[‘Age 30’, 1953,1795,1613,1439],[‘Age 40’, 1951,1781,1589,1409],[‘Age 50’, 1771,1619,1449,1287],[‘Age 60’, 1717,1569,1407,1253],[‘Age 70’, 2089,1923,1739,1565]]);var options = {title: ‘Effect of Higher Deductibles on Insurance Rates in Tennessee’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

As shown above, a 30-year-old driver could lower their policy premium by $362 a year by increasing from a $100 deductible to a $500 deductible, or save $542 by selecting a $1,000 deductible. Young drivers, like the 20-year-old, can cut $1,072 or more by using higher deductibles when buying full coverage.

When raising deductibles, it is a good idea to have additional funds in a savings account to cover the extra out-of-pocket expense that deters many people from opting for higher deductibles.

Discounts on the cheapest car insurance for 17 year olds in Tennessee

Insurance providers that provide policies for 17 year olds may additionally offer special discounts that may potentially lower prices by as much as 40% or more if you are eligible for them. A few popular companies and their offered discounts can be found below.

The information below illustrates the difference between car insurance costs with and without discounts being applied to the rates. The premium estimates are based on a male driver, a clean driving record, no claims, Tennessee state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with paid-in-full, vehicle safety, good student, passive restraint, paperless filing, and anti-theft discounts applied. When discounts are applied, the the average amount saved on auto insurance for 17 year olds is % or $.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Male Driver No Discounts’, ‘Male Driver with Discounts’],[‘Age 17’, 4227,3033],[‘Age 30’, 1477,1077],[‘Age 40’, 1463,1065],[‘Age 50’, 1333,969],[‘Age 60’, 1283,935]]);var options = {title: ‘Comparison of Insurance Rates for 17 Year Olds’,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);}