Car Insurance in Memphis
Numbers refreshed
Tennessee averages sit behind car insurance in Memphis, alongside how local people drive.
- $113A full coverage monthly average for Tennessee.
- State minimum limits: 25/50/25.
The prices drivers around Memphis pay
Full coverage in Tennessee averages $1,354 a year, while the legal minimum averages $599. Prices in a big city usually exceed the state average because of more traffic, claims and theft.
| Coverage in Tennessee | Per year | Per month |
|---|---|---|
| Liability | $599 | $50 |
| Collision | $483 | $40 |
| Comprehensive | $272 | $23 |
| Full coverage (all three) | $1,354 | $113 |
Source: NAIC 2024 Auto Insurance Database Average Premium Supplement (PDF).
Driving within Memphis
| Census figure | Memphis |
|---|---|
| People | 618,980 |
| Average trip to work | 21 minutes |
| Drive to work alone | 76% |
| Homes with no car | 10% |
| Median household income | $51,736 |
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year table-based Summary File.
An estimate of your own
The Tennessee calculator uses your age, record and car to set prices. The state's rules are covered in Tennessee car insurance requirements.
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