Cheapest Non-Owner Car Insurance In Tennessee

Auto-Owners’ non-owner car insurance, averaging $238 annually in Tennessee, provides an affordable solution for drivers without cars who need coverage while driving rentals or borrowed vehicles.

Does Tennessee Allow Non-Owner Car Insurance?

If you live in Tennessee and don’t own a car, non-owner car insurance is an option. It offers liability coverage for driving rented or borrowed vehicles and meets the state’s insurance standards.

Cheapest Overall Non-Owner Car Insurance In Tennessee

In Tennessee, Auto-Owners provides non-owner car insurance at an average annual cost of $238, the lowest available rate.

Cheapest Non-Owner Car Insurance With A Clean Driving Record

In Tennessee, Auto-Owners offers non-owner car insurance at the lowest price for drivers with clean records, averaging $238 annually.

Cheapest Non-Owner SR-22 Car Insurance In Tennessee

Non-owner SR-22 car insurance from Auto-Owners is the cheapest in Tennessee, averaging $292 annually.

What Is Non Owner Car Insurance?

If you drive but don’t own a car, non-owner insurance can provide liability coverage. It takes care of expenses related to injuries or property damage you cause to others in an accident. It’s a suitable choice for car renters, borrowers, or car-sharing users but won’t cover your own injuries or vehicle damage.

Tennessee Minimum Auto Insurance Requirements

In Tennessee, drivers must meet certain minimum auto insurance requirements, including $25,000 for bodily injury per person, $50,000 per accident, and $25,000 for property damage. Personal injury protection (PIP) coverage is not required. Uninsured motorist coverage of $25,000 per person and $50,000 per accident is also required.

What Is SR-22 Insurance?

A SR-22 isn’t car insurance itself but a certificate that proves a driver has the minimum required liability coverage, typically for high-risk drivers. It’s usually required after serious offenses, such as DUIs, reckless driving, or multiple violations, and is filed with the state’s motor vehicle department by the insurance company.

While it’s not insurance, drivers with an SR-22 can expect higher premiums because they are seen as a higher risk. This requirement usually lasts for a set period, typically three years.

Average Cost Of Non Owner Car Insurance In Tennessee

Understanding the typical cost of non-owner car insurance in Tennessee is crucial for those who often rent or borrow cars. This insurance offers necessary liability coverage at a more affordable rate than a full policy, making it a great choice for those without a vehicle. Below is a comparison of the average annual and monthly costs from several insurance providers to help you make the best decision.

Average Cost Of Non-Owner Car Insurance In Tennessee – By Age

Age is one of the most important factors affecting the cost of non-owner car insurance in Tennessee. Younger drivers are typically charged higher premiums because they are considered more likely to be involved in accidents due to inexperience. In contrast, older drivers often see lower rates as they are deemed safer and more experienced.

For instance, a 20-year-old may pay around $625 per year, while a 50-year-old could pay approximately $352. Below is a breakdown of how non-owner car insurance rates vary by age.

Average Cost Of Non Owner Car Insurance In Tennessee Cities

The location of a driver is a key factor that impacts the cost of non-owner car insurance in Tennessee. Insurers take into account factors such as traffic congestion, crime rates, and local laws when determining premiums. Major urban centers like Memphis usually have higher rates because of the risks tied to dense traffic and crime. Smaller towns, however, often have lower premiums. The following table compares average rates for five Tennessee cities.

Average Rates Vs Traditional Car Insurance

Understanding the difference between non-owner car insurance and traditional car insurance is vital for making informed financial decisions. Non-owner car insurance is for those who drive regularly but do not own a car. It offers liability coverage, which includes protection for bodily injury and property damage to others, generally making it more affordable than traditional car insurance.

Traditional car insurance, however, includes coverage for damage to the vehicle, such as comprehensive and collision, resulting in higher costs. Below is a comparison of average rates from five providers for both insurance types.

Should You Get Non-Owner Car Insurance In Tennessee?

Non-owner car insurance is a great option for individuals who don’t own a car but still need liability protection. Below are different types of people who should consider this type of insurance, tailored to their specific needs.

• Renters: If you rent cars frequently, non-owner car insurance can offer better coverage than the insurance provided by rental agencies. It ensures continuous liability protection, which is often more cost-effective and thorough in the long run.
• Car Borrowers: If you occasionally borrow a vehicle from friends or family, non-owner car insurance ensures you’re covered for liability in case you cause an accident while driving someone else’s car.
• License Reinstatement: Non-owner car insurance is often necessary when reinstating a license after a suspension or revocation due to offenses like a DUI. Pairing an SR-22 with a non-owner policy demonstrates financial responsibility and compliance with the law.
• Infrequent Drivers: For those who drive only occasionally but want to keep continuous coverage, a non-owner policy is a practical way to avoid gaps in insurance, which could raise future premiums.
• Drivers Between Cars: If you’ve sold your car or are between vehicles, non-owner insurance provides temporary liability coverage during the transition and ensures your insurance record stays intact.

Average Non-Owner Car Insurance Rates vs Other US States