Cheapest Car Insurance in Knoxville, Tenn. (2023 Rates)

We recommend the following five car insurance companies in Knoxville: Auto-Owners, State Farm, Tennessee Farmers Mutual, USAA and Erie. These companies have lower-than-average rates and are known for strong customer service and high-quality coverage.

Keep reading: Cheap car insurance

Unless stated otherwise, the following cost tables show average rates for the driving profile of a 35-year-old married driver with good credit and a clean driving history.

Our data shows that the average cost of minimum-coverage car insurance in Knoxville is $36 per month or $436 per year. This is about 30% less than the national average of $52 per month or $627 per year. Similarly, full-coverage insurance costs $122 per month or $1,467 per year on average, which is about 27% less expensive than the U.S. average of $167 per month or $2,008 per year for full coverage.

Cheapest Liability Car Insurance in Knoxville

Auto-Owners offers the cheapest liability insurance with average rates of $22 per month or $258 per year. State Farm is the second-cheapest option in Knoxville with average rates of $26 per month or $314 per year.

Liability coverage is the minimum coverage required by the state of Tennessee. According to Tennessee law, all drivers must either meet or exceed the following minimum requirements:

• $25,000 bodily injury liability per person
• $50,000 bodily injury liability per accident
• $25,000 property damage liability per accident

While it’s not an insurance requirement in Tennessee, many drivers also purchase uninsured motorist coverage. It’ll take care of medical payments and property damage incurred after you’re hit by an uninsured driver, and it’s sometimes required by auto lenders.

Cheapest Full-Coverage Car Insurance in Knoxville

A full-coverage car insurance policy can be pricey in Knoxville. Full coverage includes liability plus comprehensive coverage and collision coverage, which protect against damage to your vehicle in a variety of situations. Auto-Owners is the cheapest full-coverage option with average rates of $100 per month or $1,199 per year.

Since car insurance rates are influenced by various factors, the company that’s cheapest for one driver may not be affordable for another. In this section, we’ll examine how driver age, credit score and driving record impact the cost of auto insurance in Knoxville. Since the city has different ZIP codes with varying average car insurance costs, we’ll also analyze those.

Some quick ways to decrease the cost of car insurance in Knoxville are by increasing your deductible and by only following state-minimum coverage limits. You could also save by bundling auto coverage with life insurance, renters insurance and home insurance if you’re a homeowner.

Knoxville Car Insurance Cost by Age

Teenagers usually pay the most money for car insurance because they have a higher chance of getting into car accidents or of breaking traffic rules. Our data shows that 16-year-olds pay about $184 per month or $2,207 per year for car insurance in Knoxville.

As policyholders get into their 20s, the cost of car insurance goes down and the trend continues throughout middle age. Here are a few examples of average costs for minimum-coverage car insurance in Knoxville, based on different age groups.

Cheapest Car Insurance in Knoxville: Teen Drivers

Car insurance for teens is expensive, but some insurance providers tend to be more affordable than others. Our data shows that Erie is the cheapest car insurance company for teen drivers, with minimum-coverage rates as low as $96 per month or $1,157 per year. Tennessee Farmers Mutual, Geico and Auto-Owners also offer affordable car insurance premiums to Knoxville teens.

Knoxville Car Insurance Cost by Credit Score

Car insurance companies in Tennessee, as in many other states, use credit scores to set the cost of premiums. If someone has a low credit score, their car insurance rates will be higher, while those with good credit scores generally pay less.

Cheapest Car Insurance in Knoxville: Poor Credit

Our rate data shows that Tennessee Farmers Mutual is the cheapest option for car insurance with bad credit in Knoxville. The company offers minimum-coverage policies to drivers with poor credit for rates of $31 per month or $375 per year. This is 14% less than the overall state average for minimum coverage with good credit.

Knoxville Car Insurance Cost by Driving Record

People who have speeding tickets, car accidents or DUIs on their driving records can expect to face higher car insurance costs. On average, speeding can increase your rates by 20%, an at-fault accident by 46%, and a DUI by 55%.

Each company has different average price increases, though State Farm is generally the top choice in Knoxville for those with driving record violations. The table below shows average rates by company for drivers who have either a speeding ticket, accident or DUI on their record.

Keep reading: Insurance rates for high-risk drivers

Cheapest Car Insurance in Knoxville: Speeding Ticket

Let’s examine rates for high-risk drivers in more detail. According to our data, Tennessee Farmers Mutual offers the cheapest auto insurance rates to drivers who have a speeding ticket on their records — $27 per month or $326 per year. State Farm follows close behind with an average monthly rate of $29, while USAA, Erie and Auto-Owners round out the top five options for cheap speeding ticket car insurance in Knoxville.

Cheapest Car Insurance in Knoxville: At-Fault Accident

If you’ve caused a car accident in the past while driving, your insurance rates could spike faster than if you’d only received a speeding ticket. Tennessee Farmers Mutual and State Farm are the cheapest options here with average rates of about $27 per month and $32 per month, respectively.

Cheapest Car Insurance in Knoxville: DUI

Getting a DUI is a serious offense that could cause your car insurance rates in Knoxville to go up by hundreds of dollars every year. State Farm is extremely cheap compared to other companies, offering average rates of $29 per month or $349 per year to drivers with a DUI. Progressive, Tennessee Farmers Mutual and Travelers are also good options with rates under $50 per month on average.

Knoxville Car Insurance Cost by ZIP Code

Insurance claims rates range across different areas of the city, impacting your insurance costs. Below, you’ll see that certain ZIP codes in Knoxville can be up to 3.7% cheaper or 1.4% more expensive than the city average.

Auto insurance coverage in Knoxville is 11% higher than Tennessee car insurance but 30% less than the national average. Because the city’s rates aren’t particularly high, you’ll likely be able to find cheap providers on the market. Auto-Owners offers the cheapest minimum and full coverage in the city for about $22 and $100 per month, respectively.

Compare free quotes to find the company that meets your Tennessee car insurance needs at the best rate. You can compare insurance products and get quotes online or from insurance agents.

Here are some frequently asked questions about the cheapest auto insurance in Knoxville, Tenn.:

*Cost data comes from Quadrant Information Services and is accurate at time of publication.