Freedom Insurance Group helps you compare auto insurance quotes in Memphis, TN. Coverage gets matched to the vehicles you really drive, after shopping 25+ carriers.
Average car insurance rates in Memphis, Tennessee
Read these figures as estimates for comparison; they are not bindable quotes. A real quote reflects who drives and what they drive, the ZIP code, chosen limits and deductibles, credit where allowed, and your claims history.
| Area | Average Monthly Rate |
|---|---|
| National | $169.67 |
| Tennessee | $155.80 |
| Memphis, Tennessee | $158.32 |
| Age Group | Average Monthly Rate |
|---|---|
| 16-19 | $1,072.84 |
| 20s | $122.49 |
| 30s | $111.69 |
| 40s | $132.91 |
| 50s | $115.78 |
| 60s | $106.70 |
| 70+ | $107.24 |
Memphis, TN: cheapest car insurance companies
| Rank | Company | Average Monthly Rate |
|---|---|---|
| 1 | Kemper BVP | $139.95 |
| 2 | Progressive | $141.15 |
| 3 | NatGen Premier | $141.90 |
| 4 | GEICO | $146.55 |
| 5 | Allstate | $149.89 |
| 6 | Travelers | $151.61 |
| 7 | Bristol West | $155.82 |
| 8 | Safeco | $164.04 |
| 9 | Chubb | $172.54 |
| 10 | National General NS | $178.97 |
Check Out Other Rates in Memphis, TN Nearby Cities:
Insurance and driving notes for Memphis
Memphis has about 633,104 residents and lies within Shelby County, in the Memphis metro area. Population stands near 633,104. Near rivers and in low-lying areas, flood considerations join the tornado and storm risk built into much of Tennessee pricing.
Around Memphis, driving blends quiet residential streets and busier connectors, and stop-and-go traffic shape claim frequency more than most expect. Foggy river corridors, low-spot flooding, and severe storms drive comprehensive claims here, and over time they shape the rates carriers file for nearby ZIP codes. Two neighbors in Memphis with similar cars can still pay different amounts: prior claims, the exact garaging address, how the car is built, and a credit-based score where allowed all affect the premium.
If you are new to Memphis metro, take a few minutes to confirm how you use the vehicle. Picking one trim over another in the same model year matters far less than teen drivers, rideshare activity, or a highway-heavy commute. When you request a quote, tell us how the car is really driven so we can match carriers that price that profile well.
How long you have owned the car and its safety equipment interact with discounts in ways many Memphis drivers underestimate. One carrier may reward anti-theft devices or automatic emergency braking more than another, and continuous coverage varies the same way. An independent agent can translate those quirks into a shortlist instead of making you retype the same application on ten websites.
Another practical detail: keep your current policy’s declarations pages close. A fair Memphis comparison is quickest to build from limits, deductibles, and listed drivers. If a quote looks dramatically cheaper, check whether liability limits dropped, comprehensive disappeared, or a household driver was omitted.
About Memphis
Memphis has about 633,104 residents and lies within Shelby County, in the Memphis metro area.
Shelby County Mississippi River metro with logistics, healthcare, and music heritage.
Local housing is a mix of single-family homes typical of Memphis metro; replacement cost, roof age, and construction type still drive most premium differences block by block.
Near rivers and in low-lying areas, flood considerations join the tornado and storm risk built into much of Tennessee pricing.
Auto coverage explainers for Memphis drivers
Minimum liability keeps you legal in Tennessee, but it rarely keeps up with the cost of a serious injury claim or a newer financed vehicle. Use the outline below as a checklist while you compare quotes for Memphis.
- BI & PD liability: It covers what you owe others after an at-fault crash. If you own a home with equity, have savings, or drive a long commute through heavy traffic, it pays to consider higher limits.
- Collision: Pays for your vehicle’s damage in a crash with a car or object, subject to the deductible.
- Comprehensive: Helps after theft, hail, glass breakage, animal strikes, and many non-crash losses, which matters most where severe weather is common.
- Uninsured and underinsured motorist: When the driver who hits you has too little insurance or none, it protects you and your passengers. Check how UM/UIM works in your state before you decline it.
- Medical payments or PIP: State rules govern availability and stacking, but its job is the same: help with medical bills for you and passengers after an accident.
- Rental reimbursement: When a covered claim puts your car in the shop, a rental is partly paid for.
- Roadside assistance: Tows, jump starts, and lockout service, which can cost less on your auto policy than a separate club membership.
- Higher liability limits & umbrella coordination: If you carry an umbrella, make sure auto limits meet the carrier’s underlying requirements.
Leased or financed cars in Memphis almost always need collision and comprehensive. On an older car with no loan, we can price a no-collision option, as long as the out-of-pocket risk is clear. Where storms are frequent, glass and hail deductibles deserve extra attention.
Ways to lower car insurance rates in Memphis
The lowest binder price is not the only goal when you shop. The durable wins usually come from cleaning up garaging address accuracy and listed drivers before you compare, then re-checking the market every policy term.
- Compare at least several carriers each renewal. As storms and loss trends play out, appetite changes. Memphis rankings change: what led last year may not lead now.
- Bundle only when the math works. Compare the bundled total, not just the auto premium; a bundle saves only when the total comes out ahead. Begin your request at /get-a-quote/auto-quote, and mention any renters or homeowners policy you carry now.
- Raise deductibles only if you have cash reserves. Moving from $500 to $1,000 can cut the premium, but only if a hail or collision claim would not strain your budget.
- Teens need a deliberate plan. On this page, the illustrated 16–19 monthly estimate is about $1,072.84, far above adult buckets near $107. Ask about good-student discounts, driver training, telematics, and adding the teen to the right vehicle — not necessarily the newest car in the driveway.
- Choose telematics thoughtfully. Usage-based plans can pay off for gentle acceleration and low overnight mileage, but hard braking and late-night driving can wipe out the savings.
- Keep coverage continuous. A lapse, even a short one, tends to cost more than the months you skipped.
- Match garaging to reality. If the car sleeps in Memphis but you insure it elsewhere (or the reverse), fix that before you bind.
- Ask about paperless, autopay, paid-in-full, and professional affiliations. Alone each credit is small; stacked, they can move a competitive quote.
Finally, document improvements: new roof cameras are for homes, but dash cams, anti-theft devices, and clean Motor Vehicle Records still help many auto filings. So underwriting does not guess, have those details at your Memphis review.
Discounts worth asking about in Memphis
- Multi-policy — auto paired with home or renters.
- Multi-car — more than one vehicle with the same carrier.
- Safe driver / claims-free — clean records often price better.
- Good student and driver training — useful once teens are rated.
- Telematics / usage-based — optional programs that reward safer habits.
- Paperless, autopay, and paid-in-full — small credits that still stack.
- Anti-theft and safety features — varies by vehicle and carrier.
No discount replaces shopping. On one Memphis driver, two carriers advertising similar discounts can still be fifty dollars apart.
Households with multiple cars or mixed driving records
For Memphis households with several cars, assign drivers thoughtfully. Putting the highest-rated driver on the most expensive car is a common self-inflicted premium spike. Since no two companies rate household drivers the same way, we model the assignments across carriers.
A recent ticket or minor accident in the household is not something to hide, since underwriting will find it; instead, shop markets that are more forgiving for that profile. One company’s rulebook is what an independent agency gets you out of.
What moves a Memphis auto quote
When a Memphis application comes in, carriers consider far more than the vehicle’s sticker price. A clean credit history notwithstanding, prior bodily injury claims, comprehensive weather losses, and coverage lapses can count for more. Conversely, a longer tenure with continuous insurance and a modest annual mileage estimate can soften the rate even when the car itself is relatively new.
Hybrid schedule? Your mileage estimate may need updating. Mileage estimates from an old job linger on many Memphis policies, so households overpay for miles they no longer drive. The opposite is also true: if you added a longer Memphis metro commute, update the application before a claim creates a mismatch.
What Freedom Insurance Group does for Memphis drivers
AM Best ratings are never invented here, and we do not pretend every carrier is appointed in every niche. We explain the tradeoffs in plain language, shop the markets we can access, and help you choose limits that fit how you actually drive in Memphis and the wider Memphis metro area.
Call (800) 253-1482 or start a free auto quote online. Also shopping for homeowners coverage? Start on the home quote form, and we will look at bundling options with no pressure.
Expect to cover drivers and vehicles, garaging ZIP, desired liability limits, and any claims lately. That discovery step is what turns the illustrative averages on this page into a shortlist of bindable options for your household.
Commutes, cars, and storms in Memphis
NOAA’s Storm Events Database lists 20 hail reports within about 9 miles of Memphis from 2016 through 2025. The largest stones measured 2 inches near Capleville in January 2021. That is large enough to break glass and heavily dent a car, and those claims go through comprehensive. The same database has 47 flash-flood reports nearby, the latest in September 2025; a flooded car is a comprehensive claim, not collision.
Memphis workers spend about 21 minutes getting to work on an average day, according to 2020–2024 Census survey estimates. Among workers, 76% drive alone, 10% carpool, and 9.2% work from home.
Of the roughly 253,120 occupied households in Memphis, 14% own at least three vehicles and 31% have two. About 10% of households have no vehicle at all, and anyone who drives occasionally without owning a car can ask about non-owner liability coverage.
By 2020–2024 Census estimates, Memphis packs about 618,980 residents into roughly 290 square miles of land, a density of about 2,136 people per square mile.
Memphis’ recorded beginnings date to 1819. The Census Bureau counted 650,100 people in Memphis at the 2000 Census and 646,889 at the 2010 Census; its July 2024 estimate is 610,919. Numbers have held fairly steady since 2000. The NOAA Storm Prediction Center database shows 26 tornadoes that began within 10 miles of Memphis from 1950 through 2015; the most powerful, rated F3, touched down on November 27, 1994. Along its full path, that storm was blamed for 3 deaths and 25 injuries.
Shopping around the area? See our car insurance pages for Germantown (11 mi), Bartlett (12 mi), and Collierville (16 mi).
Memphis-area ZIP codes we insure
37501 · 37544 · 38101 · 38103 · 38104 · 38105 · 38106 · 38107
Other Tennessee coverage options
Get auto insurance quotes in Memphis, TN
Freedom Insurance Group compares 25+ carriers for Memphis residents. Call (800) 253-1482 or start a free auto quote online.
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