How much does car insurance cost in Knoxville, TN?

Knoxville, located close to the Great Smoky Mountains in the Tennessee River Valley, is the third largest city in Tennessee. The city is a thriving center representing the crafts and culture of Appalachia.

Insurance in the United States – and Tennessee

Automobile insurance in the United States is legislated by individual states. Each state sets its own minimum requirements legally required to drive in the state.

In Tennessee, minimum limits of $25,000 per person with a combined limit of $50,000 per accident for bodily injury liability are required, and a limit of $25,000 property damage per accident is required.

These limits comply with the law, but do not represent adequate protection for persons buying insurance in Tennessee.

Most individuals do not realize that inadequate limits of liability can leave you vulnerable to additional costs incurred for possible legal fees and costs.

Recommended Limits of Liability and Coverage on your Car

car-insurance-knoxville-tnThe following limits are recommended to help protect you:

  • Bodily Injury Liability – pays for your legal liability for injury to others in an accident – $100,000 per person/$300,000 per accident
  • Property Damage Liability – pays for your liability for damage to others’ property in an accident – $50,000 per accident
  • Medical Payments – pays for emergency medical care for you and your family in an accident – $10,000
  • Uninsured Motorists Coverage – pays for bodily injury to you if you are hit by a person without insurance – $100,000 per person/$300,000 per accident
  • Uninsured Motorists Coverage – pays for property damage to your car if you are involved in an accident with a person with no insurance – $50,000 per accident

In most cases, the increase in coverage will cost you only about $50.00 every six months. That’s relatively inexpensive for a great deal more coverage.

Don’t forget to protect yourself from damage to your own vehicle.

Cars are a major investment for most individuals.

Cars, too, are vital transportation in our mobile society, allowing us to work and shop far from our homes. You will need to carry the following:

  • Comprehensive coverage – this pays for fire, theft, glass, vandalism, and weather damage to your own vehicle. A deductible of from $100 to $1000 per accident, depending upon your needs usually applies.
  • Collision coverage – this pays for collision damage to your own vehicle. Again, a deductible usually applies.

Comparison-Shopping for Car Insurance

Shopping for car insurance can make a difference in premium. In Tennessee, the quotes of $482 for six months coverage from one insurance company and $596.40 for six months coverage from another company.

Assuming that the companies and service are equal, you could save $114.40 every six months by purchasing insurance from the first company.

Knoxville Car Insurance