Factors That Affect Your Auto Insurance in Tennessee


While all drivers in the state of Tennessee are required to carry insurance coverage for their vehicles, the cost of this coverage can vary widely. There are many things that contribute to the price of premiums of auto insurance in Tennessee. Some are in your control, while others are not.




How old you are is one factor that you have no control over, although it is a huge determinant in the cost of insurance. Drivers between the ages of 15 and 20 pay the highest rate for insurance, and this is because of their lack of driving experience and accident statistics. The Insurance Information Institute states that this age group is responsible for the most vehicle crashes, which increases their risk rate with insurance companies. As the age of drivers increase, the price of the policy decreases.


Driving Record


Your driving skills will make a huge impact on what you pay for auto coverage. Insurance companies have access to your driving record, and accidents, speeding tickets, and other traffic violations will all negatively impact the cost of your premium. Not only will safe driving keep your premiums low, but some insurance companies also offer specific discounts for safe drivers.


Deductible Amount


While full coverage for auto insurance in Tennessee will give you the best protection, it can also add up quickly. One way to save money while remaining fully protected is to increase your deductible amount on comprehensive and collision coverage. This can save you an average of 15 to 30 percent on your premiums.


Auto insurance is necessary if you want the privilege of driving, however it doesn’t have to break the bank. Ask your insurance carrier about any available discounts or other ways to lower your premiums.

Categories: Insurance
This post was written by , posted on August 18, 2014 Monday at 12:45 pm