120+ more*Quotes generated for Insurify users in and around Memphis, Tennessee within the last 10 days. Last updated on June 8, 2026. Actual quotes may vary based on the policy buyer’s unique driver profile.
*Quotes generated for Insurify users in and around Memphis, Tennessee within the last 10 days. Last updated on June 8, 2026. Actual quotes may vary based on the policy buyer’s unique driver profile.
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8 years in insurance and personal finance writing
Former data scientist for U.S. Geological Survey
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Licensed property and casualty insurance agent
10+ years editing experience
NPN: 21630969
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Licensed property and casualty insurance agent
10+ years editing experience
NPN: 20461358
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7+ years experience in data analysis
Ph.D. in Computational Biology
Updated
State-minimum insurance coverage costs an average of $89 per month in Memphis, and full coverage averages $197 per month.
Car insurance coverage costs more in Memphis than in more rural Tennessee cities like Bristol, Johnson City, and Kingsport. It’s still expensive even when compared to costs in other bigger cities like Nashville.
Car insurance rates can vary widely across Tennessee, but a few factors keep rates high in Memphis. The city has higher-than-average auto theft rates and a high level of traffic congestion. That makes accidents and insurance claims more likely, so car insurance companies charge higher rates to account for these risks.
You’ll need at least a 25/50/25 minimum-coverage car insurance policy in Memphis, Tennessee.[1] This type of insurance policy offers $25,000 in bodily injury liability coverage (up to $50,000 per accident) and $25,000 in property damage liability coverage.
A liability-only policy costs an average of $89 per month in Memphis, which is much higher than the state average of $60 per month.
The following table shows the cheapest car insurance rates for liability-only car insurance in Memphis:
7+ years experience in data analysis
Ph.D. in Computational Biology
Insurance Company  | Average Monthly Quote: Liability Only |
|---|---|
| Mile Auto | $52 |
| State Farm | $52 |
| Sun Coast | $52 |
| Progressive | $57 |
| Certainly | $60 |
| Direct Auto | $60 |
| USAA | $61 |
| Freedom National | $64 |
| AssuranceAmerica | $69 |
| GEICO | $69 |
| Auto-Owners | $72 |
| The General | $72 |
| Travelers | $72 |
| Trexis | $74 |
| Erie | $76 |
| Safeco | $83 |
| GAINSCO | $86 |
| Trexis One | $86 |
| Dairyland | $91 |
| Mendota | $91 |
| National General | $91 |
| Allstate | $95 |
| First Acceptance | $95 |
| Insurify Car | $103 |
| Farmers | $104 |
| Liberty Mutual | $106 |
| Bristol West | $109 |
| Root | $110 |
| Elephant | $113 |
| Nationwide | $127 |
| Hugo | $136 |
| Chubb | $149 |
| State Auto | $198 |
Insurify Car’s liability policies start as low as $14 down in Tennessee
One-third of Memphis drivers don’t fully own their car outright and must buy full coverage under their lender’s or leasing company’s terms. Memphis drivers pay a monthly average of $197 for full-coverage policies.
But even if you don’t have to buy full coverage, it’s still a good idea. The comprehensive coverage it offers can help make things right if someone ever steals your car. While things are improving, Memphis still has high car theft rates compared to other Tennessee cities.[2]
This table shows the cheapest rates for full-coverage car insurance in Memphis:
7+ years experience in data analysis
Ph.D. in Computational Biology
Insurance Company | Average Monthly Quote: Full Coverage |
|---|---|
| Mile Auto | $103 |
| Sun Coast | $104 |
| Progressive | $110 |
| State Farm | $115 |
| Direct Auto | $136 |
| USAA | $136 |
| GEICO | $149 |
| National General | $152 |
| Travelers | $155 |
| Auto-Owners | $156 |
| Safeco | $158 |
| AssuranceAmerica | $164 |
| Erie | $167 |
| Certainly | $173 |
| Trexis | $182 |
| Elephant | $192 |
| Root | $192 |
| Allstate | $210 |
| Trexis One | $212 |
| Liberty Mutual | $213 |
| The General | $215 |
| GAINSCO | $216 |
| Mendota | $217 |
| Farmers | $225 |
| Freedom National | $225 |
| Bristol West | $240 |
| First Acceptance | $252 |
| Dairyland | $273 |
| Nationwide | $277 |
| Chubb | $325 |
| State Auto | $433 |
Memphis is the most expensive city for auto insurance in Tennessee. The state’s average car insurance rates are $132 monthly for full coverage and $60 per month for minimum coverage.
Vehicle theft rates and traffic congestion are high in Memphis. These factors increase accident and claim risks, so insurers charge more.
Car insurance rates in Nashville, the state capital, are lower, at $159 per month for full coverage and $73 per month for liability-only policies. Bristol, tucked all the way in the opposite corner of Tennessee, has the lowest monthly rates, at $110 and $44, respectively.
The following table shows how Tennessee car insurance rates can vary across the state:
City | Average Monthly Quote |
|---|---|
| Chattanooga | $96 |
| Clarksville | $104 |
| Cleveland | $91 |
| Franklin | $92 |
| Jackson | $98 |
| Kingsport | $80 |
| Knoxville | $94 |
| Memphis | $143 |
| Murfreesboro | $104 |
| Nashville | $116 |
*Quotes generated for Insurify users in and around Memphis, Tennessee within the last 10 days. Last updated on June 8, 2026. Actual quotes may vary based on the policy buyer’s unique driver profile.
*Quotes generated for Insurify users in and around Memphis, Tennessee within the last 10 days. Last updated on June 8, 2026. Actual quotes may vary based on the policy buyer’s unique driver profile.
Your driving history is one of the biggest factors that each car insurance company uses to set your rates. Nearly 10% of Memphis drivers have a moving violation on their records, Insurify data shows.
This list shows the best car insurance companies with the cheapest rates for Memphis residents with different types of driving history:
Cheapest car insurance for Memphis drivers with a clean driving record: State Farm
Cheapest car insurance for drivers with a speeding ticket in Memphis: State Farm
Cheapest car insurance for Memphis drivers with an at-fault accident: State Farm
Cheapest car insurance for drivers with a DUI in Memphis: State Farm
One out of every 20 Memphis drivers has a ticket on their driving record, according to Insurify data. Tennessee is an at-fault state, meaning if you cause an auto accident, your liability insurance should pay for the damage and injuries you cause.
Insurance companies generally charge higher rates according to the severity of your infractions because they view you as more likely to file a claim. Driving under the influence (DUI) is generally a higher-risk infraction than speeding alone, for example.
The following table shows the average monthly car insurance costs for people in Memphis with different driving histories:
Driving Record | Average Monthly Quote |
|---|---|
| Clean driving record | $143 |
| Speeding ticket | $190 |
| At-fault accident | $202 |
| DUI | $214 |
Drivers in Memphis must contend with an extraordinary amount of daily traffic. In one recent study, researchers estimated that the average Memphis driver spends an extra 58 hours each year stuck in traffic, wasting 22 gallons of gas.[3]
Memphis is also known as America’s Distribution Center and has several highway systems full of semi-trailers driving through and around the city. And that’s before factoring in the city’s 11.2 million annual tourists to sites like Beale Street and Graceland, where a nearby highway is set to receive multi-million-dollar upgrades in the next few years.
Even just driving in the city — away from the bustling freeways — can be a challenge. Visiting the downtown Memphis area often means jostling for streetside parking, since only a quarter of parking options are available as safer off-street options. The downtown area also faces a moderate flood risk from the Mississippi River, which has destroyed cars in the past.
Memphis’s traffic brings in a host of insurance-related quandaries. The easy routes in and out of the city make auto theft a real problem. While it’s improved in recent years, Memphis vehicle theft rates remain three times the statewide average.
Liability insurance doesn’t cover auto theft or flood damage. You’ll need comprehensive coverage, part of a full-coverage policy, for those types of damage.
Road rage and distracted driving can also be major problems as drivers get frustrated by traffic congestion. Shelby County estimates that a quarter of all accidents stem from these issues.[4] In response, the Memphis Police Department has begun installing dozens of traffic cameras to monitor drivers throughout the city. This may help lower accident rates but could lead to more tickets.
Nearly 12% of teenage drivers in Shelby County were behind the wheel during a car crash in 2025, according to state accident reports. Insurance companies generally set higher policy premiums for households with teens because teenagers are more likely to engage in risky driving behavior.
Memphis teens pay monthly averages of $176 for liability policies and $390 for full-coverage policies.
The following table shows the cheapest rates for teenage drivers in Memphis:
7+ years experience in data analysis
Ph.D. in Computational Biology
Insurance Company | Average Monthly Quote: Liability Only |
|---|---|
| Sun Coast | $103 |
| State Farm | $105 |
| Mile Auto | $111 |
| Progressive | $113 |
| USAA | $117 |
| Certainly | $119 |
| Direct Auto | $121 |
| Freedom National | $127 |
| GEICO | $130 |
| The General | $135 |
| Erie | $146 |
| Trexis | $146 |
| AssuranceAmerica | $148 |
| Auto-Owners | $152 |
| Travelers | $156 |
| GAINSCO | $159 |
| Dairyland | $166 |
| Trexis One | $170 |
| Root | $175 |
| Safeco | $175 |
| Mendota | $180 |
| First Acceptance | $188 |
| National General | $189 |
| Liberty Mutual | $194 |
| Allstate | $195 |
| Bristol West | $202 |
| Insurify Car | $204 |
| Elephant | $212 |
| Farmers | $216 |
| Nationwide | $258 |
| Hugo | $262 |
| Chubb | $318 |
| State Auto | $496 |
Minimum-coverage policies start as low as $52/mo.
Shelby County had Tennessee’s second-highest rate of crashes with senior drivers in 2025, per state incident reports. Coverage options are often cheaper for seniors, but they begin to increase around age 70 as accident risks also begin to climb. Drivers older than 65 were involved in 79 fatal crashes in Memphis last year, state data shows.[5]
Senior drivers in Memphis pay an average of $79 per month for liability policies.
This table shows the cheapest car insurance premiums for senior drivers in Memphis:
7+ years experience in data analysis
Ph.D. in Computational Biology
Insurance Company | Average Monthly Quote: Liability Only |
|---|---|
| State Farm | $41 |
| Mile Auto | $41 |
| Sun Coast | $46 |
| Direct Auto | $50 |
| USAA | $50 |
| Progressive | $51 |
| Certainly | $53 |
| AssuranceAmerica | $55 |
| GEICO | $56 |
| Freedom National | $57 |
| Auto-Owners | $58 |
| Travelers | $58 |
| Erie | $59 |
| The General | $62 |
| Trexis | $66 |
| National General | $73 |
| Safeco | $73 |
| GAINSCO | $75 |
| Trexis One | $76 |
| Allstate | $78 |
| Dairyland | $78 |
| Mendota | $81 |
| Farmers | $84 |
| First Acceptance | $84 |
| Liberty Mutual | $89 |
| Insurify Car | $91 |
| Bristol West | $92 |
| Elephant | $94 |
| Nationwide | $99 |
| Root | $102 |
| Chubb | $114 |
| Hugo | $119 |
| State Auto | $152 |
Figuring out insurance options and costs can be confusing, but we can offer some peace of mind. Check out this additional information about finding the best Memphis car insurance at the right price for your wallet.
Car insurance in Memphis typically costs $89 per month for minimum coverage and $197 per month for full coverage. That’s higher than the statewide averages of $60 and $132. Depending on which insurance company you choose, you may be able to get lower rates.
State Farm offers the lowest rates for Memphis auto insurance coverage, with rates averaging $52 per month for minimum coverage. Mile Auto and Sun Coast also offer cheap car insurance in Memphis.
In Memphis, Progressive is the lower-cost car insurance company, based on Insurify data. Progressive’s rates average $38 per month for minimum coverage, compared to $46 per month with GEICO.
If you own a car that drives on public roads in Memphis, Tennessee state law requires you to buy at least a minimum amount of car insurance. You can meet those requirements by buying a policy with 25/50/25 coverage limits.
Having an incident on your record, like a DUI or at-fault accident, can increase your car insurance rates in Memphis. Other factors that affect rates include your age, ZIP code, deductible, coverage limits, and optional additional coverages, such as uninsured motorist coverage.
Your insurance agency may offer certain driver discounts, especially if you bundle your policy with another type of insurance, such as a renters insurance policy. Seniors who complete an approved defensive driving course are also eligible for car insurance discounts under Tennessee law.
Insurify data scientists analyzed more than 190 million quotes served to car insurance applicants in Insurify’s proprietary database to calculate the premium averages displayed on this page. These premiums are real quotes that come directly from Insurify’s 500+ partner insurance companies in all 50 states and Washington, D.C. Quote averages represent the median price for a quote across the given coverage level, driver subset, and geographic area.
Unless otherwise specified, quoted rates reflect the average cost for drivers between 20 and 70 years old with a clean driving record and average or better credit (a credit score of 600 or higher).
Liability-only premium averages correspond to policies with the following coverage limits:
Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.
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8 years in insurance and personal finance writing
Former data scientist for U.S. Geological Survey
Featured in
Licensed property and casualty insurance agent
10+ years editing experience
NPN: 21630969
Licensed property and casualty insurance agent
10+ years editing experience
NPN: 20461358
Featured in
7+ years experience in data analysis
Ph.D. in Computational Biology
At Insurify, our goal is to help customers compare insurance products and find the best policy for them. We strive to provide open, honest, and unbiased information about the insurance products and services we review. Our hard-working team of data analysts, insurance experts, insurance agents, editors and writers, has put in thousands of hours of research to create the content found on our site.
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