Best Local Car Insurance Agencies in Memphis

Frequently Asked Questions

• Introduction

  A way to stay protected while on the road, car insurance offers a financial safety net should accidents occur, regardless of who's at fault. The right car insurance agency can be very valuable, providing a way to purchase an ideal level of auto insurance coverage for personal circumstances. Agencies can help customers select the most beneficial coverage options while saving money on their insurance plan. With help from a qualified agency, it's possible to feel safe and secure behind the wheel.
  

• What is the cost of car insurance in Memphis?

  Memphis is the most expensive metro in Tennessee for car insurance. The average price is $977 every six months, which translates to monthly expenses of $163. Teen drivers are typically charged more due to their greater propensity for getting into accidents. The most affordable provider is Auto-Owners, which charges only $605 on average for six months.

• What factors lead to car insurance in Memphis being pricey?

  Car insurance in Memphis is pricey because Tennessee is the third-highest state in the country regarding the number of uninsured motorists. This is paired with the metro's high incidence of pedestrian safety mishaps, ranking third in collision rates among the country's cities. Insurers will raise premiums accordingly as these factors combine to increase the risks of releasing payouts.

• What is the minimum car insurance coverage in Memphis?

  At a minimum, car insurance policies in Memphis have to cover liability for bodily injuries to the extent of $50,000 per accident at $25,000 per victim. These rates also apply to uninsured driver bodily injury coverage. For property damage liability, the minimum required value of $25,000 per incident, which is the same for uninsured motorist mishaps.

• What are the typical optional forms of insurance coverage for car owners in Memphis?

  Since car insurance in Memphis at a minimum covers liability during civil tort situations, an owner has the option of getting comprehensive and collision coverage. These would pay for whatever happens to the insured party's own car and not to the other driver or pedestrian should an accident occur.

• What is non-owner car insurance for in Memphis?

  Non-owner car insurance in Memphis is an assurance plan designed for those who are not driving cars they own. It delivers bodily injury and property damage liability protection like an owner's contract, but the insured party is someone who is borrowing or renting another's motor vehicle.

• What is car insurance?

  Car insurance is a form of insurance that can cover damages to cars, drivers, passengers, and other property when an accident occurs. If another car crashes into a driver, or if a driver causes an accident, car insurance will pay most or all of the cost of repairs.