Cheapest Car Insurance for College Students in Tennessee

The safety and performance level of the vehicle requiring coverage is probably the most important factor when shopping around for cheap insurance for college students. Vehicles with average performance, modern passenger safety features, or a track record of few liability claims will cost less to insure than higher performance models. The lists below illustrates auto insurance premiums for a handful of the more afforable automobiles to insure in Tennessee.

Cost estimates assume single female driver age 20, no speeding tickets, no at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium amounts do not factor in specific zip code location which can raise or lower premiums greatly.

Data rating is based on single female driver age 20, no speeding tickets, no at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include claim-free, and safe-driver. Prices do not factor in Tennessee location which can change coverage rates considerably.

Data based on single female driver age 20, no speeding tickets, no at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include safe-driver, and claim-free. Prices do not factor in specific zip code location which can decrease or increase coverage prices considerably.

When shopping for auto insurance for students in college, one of the many considerations used to determine the price you pay for insurance is where you keep your car in Tennessee. More populated areas like Memphis, Germantown, and Jackson are more likely to pay higher prices, whereas areas with less people or fewer weather incidents enjoy lower auto insurance rates.

The information below rates the highest-priced places in Tennessee for college students in which to buy car insurance.

Price information shown is comparative as the specific geographic location can increase or decrease coverage prices greatly.

Discounts on Tennessee car insurance rates

Car insurance companies that sell the cheapest car insurance for college students in Tennessee could also offer premium discounts that could potentially reduce rates by as much as 35% or more if you meet specific eligibility requirements. Popular car insurance companies and some of their more popular discounts are outlined below.

The information below compares annual premium costs with and without discounts being applied to the rates. The premium estimates are based on a male driver, no driving violations, no at-fault accidents, Tennessee state minimum liability limits, comprehensive and collision coverage, and $500 deductibles.

The first bar for each age group shows premium with no discounts. The lower bar shows the rates with passive restraint, good student, vehicle safety, continuous coverage, anti-theft, and paid-in-full discounts applied. When drivers take advantage of discounts, the the amount saved on car insurance for college students is % or $.

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Who has the cheapest insurance quotes for students in college?

You have many ways to compare cheaper car insurance rates in Tennessee, but the most common methods are from a non-exclusive or independent agent, an exlusive agent such as Allstate or Auto-Owners, or from a direct company like Progressive or Geico.

All three ways can provide car insurance quotes, but they are slightly different in how they function.

Independent insurance agents are appointed by several companies and can get policy pricing from each one. These types of agents can sell policies from many different companies and can provide you with more rates, which may give you better odds of saving money. If cheaper coverage is found, the agent simply finds a different carrier which is easy for the insured.

An exlusive, or captive, agency is only able to write with a single insurance company, a couple examples are an Allstate or State Farm agent. This type of agents cannot compare rates from other companies, so if finding the cheapest coverage is your goal, you will need to shop around.

Buying car insurance direct means you forego an independent or exclusive agent and instead buy from a direct company like Geico. Shopping for car insurance direct is a good choice for families who do not have a complex risk profile and have a decent understanding of what specific coverages and deductibles they need.

So which way is best to buy the cheapest car insurance for college students in Tennessee? It would be easy to say buying from a direct company results in the cheapest rates since that eliminates agent commissions, but that generally is not the case. It would also be easy to say an independent agent results in the cheapest rates due to increased selection, but again, that’s not accurate. In the right set of circumstances, the exclusive agents have coverage prices that are the cheapest.

Because there is so much variation in car insurance prices, the best method to make sure you’re not overpaying for car insurance is to obtain price quotes and compare them. Take some time and get rate quotes from all three to have the best rate selection. For a list of companies with some of the cheapest Tennessee car insurance rates, click here to view.