The vehicle model you are insuring is one of the main factors when quoting cheap car insurance for government employees. Vehicles with higher performance characteristics, a lack of safety features, or high incidents of liability claims will cost more to insure than more modest models. The table below shows insurance prices for the most economical vehicles to insure in Tennessee.
| Vehicle Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Toyota Prius | $1,811 |
| Toyota Tacoma 4WD | $1,834 |
| Dodge Grand Caravan CV | $1,842 |
| Honda CR-V EX-L 4WD | $1,913 |
| Ford Focus SES 4-Dr Sedan | $1,997 |
| Ford Escape XLS 4WD | $2,003 |
| Hyundai Elantra GLS 4-Dr Sedan | $2,035 |
| Ford F-150 Lariat King Ranch 2WD | $2,070 |
| Toyota Corolla XRS | $2,077 |
| Toyota Camry Hybrid | $2,212 |
| Toyota RAV4 Limited 2WD | $2,215 |
| Volkswagen Jetta LE 4-Dr Sedan | $2,224 |
| Honda Odyssey EX | $2,322 |
| Toyota Camry XLE | $2,331 |
| Jeep Grand Cherokee Laredo 4WD | $2,371 |
| Honda Civic EX-L 2-Dr Coupe | $2,409 |
| Ford Explorer Eddie Bauer AWD | $2,418 |
| Jeep Wrangler Unlimited Sport 4WD 4-Dr | $2,444 |
| Dodge Ram 2500 Crew Cab Laramie 2WD | $2,453 |
| GMC Sierra 3500HD SLT Extended Cab 4WD | $2,482 |
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Above prices assume single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Tennessee minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Price estimates do not factor in specific location which can lower or raise auto insurance rates substantially.
Based on these rates, we can tell that models like the Toyota Prius, Toyota Tacoma, Dodge Grand Caravan, and Honda CR-V are likely to be a few of the less-costly vehicles to insure for state and federal workers.
Deciding which insurers offer the cheapest insurance rates for government employees will involve a little more effort in order to find the best price. Each company has a different process to establish rates, so we’ll go over the insurance companies with the overall cheapest rates in Memphis, TN.
It’s important to know that Memphis, TN insurance rates are calculated based on many things which can significantly increase or decrease the price you pay for coverage. Simply having a birthday, buying a new vehicle, or getting a ticket for running a stop sign can trigger price changes that can cause some rates to be more affordable than the competition.
Best Insurance Companies in Tennessee
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Utica National | $744 |
| 2 | Cincinnati Insurance | $850 |
| 3 | Auto-Owners | $852 |
| 4 | Penn National | $926 |
| 5 | USAA | $947 |
| 6 | Tennessee Farmers | $951 |
| 7 | Erie | $957 |
| 8 | Allied | $1,018 |
| 9 | Nationwide | $1,032 |
| 10 | Westfield | $1,037 |
| 11 | GEICO | $1,156 |
| 12 | State Farm | $1,177 |
| 13 | Travelers | $1,201 |
| 14 | State Auto | $1,204 |
| 15 | Direct General | $1,214 |
| 16 | The Hartford | $1,221 |
| 17 | Shelter | $1,223 |
| 18 | Progressive | $1,226 |
| 19 | 21st Century | $1,300 |
| 20 | Chubb | $1,316 |
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Utica National may have some of the best car insurance rates in Memphis at around $744 per year. This is $584 less than the average rate paid by Tennessee drivers of $1,328. Cincinnati Insurance, Auto-Owners, Penn National, and USAA also rank well as some of the more affordable Memphis, TN car insurance companies.
In the above rates, if you currently have coverage with Cincinnati Insurance and switched to Utica National, you might realize yearly savings of approximately $106. Policyholders with Auto-Owners may save as much as $108 a year, and Penn National policyholders might lower prices by up to $182 a year.
To get a quick, customized rate comparison, click here to start your custom quote or quote rates from the companies below.
It’s important to note that these premiums are averages across all types of insureds and vehicles and and are not figured with an exact zip code location for government employees. So the auto insurance company that is most affordable for your situation may not even be in the top 30 companies shown above. That is why you need to get quotes using your own specific driver and vehicle information.
The example below shows how different deductible levels can increase or decrease premium costs when trying to find cheap insurance for government employees. The information is based on a single male driver, full physical damage coverage, and no discounts are factored in.
As shown above, a 50-year-old driver could lower their car insurance rates by $322 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $484 by selecting a $1,000 deductible. Young drivers, like the age 20 example, can save as much as $1,072 or even more by choosing a larger deductible amount. If you do decide to increase your deductibles, it is essential to have additional funds squirreled away to enable you to cover the extra out-of-pocket expense, which is the one shortcoming of high deductibles.
Insurance rate increases from tickets or accidents
The best way to snag the cheapest insurance rates for state and federal workers is to drive cautiously and not get tickets or have accidents. The information below demonstrates how citations and accident claims can raise insurance premiums for different ages of insureds. The premium estimates are based on a single male driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied to the premium.
In the prior example, the average cost of a car insurance policy in Tennessee per year with no accidents or violations is $1,318. Receive one speeding ticket and the average cost surges to $1,486, an increase of $168 each year. Then add two accidents along with the one speeding ticket and the yearly cost of insurance for government employees increases to an average of $3,018. That’s an increase of $1,701, or $142 per month, just for not keeping your driving record clean!
Ideas to find low-cost auto insurance for government employees
Here are some of the recommended money-saving suggestions that can help you get lower-cost coverage.
- Home or renters coverage can save on auto insurance
- Safer vehicles cost less to insure
- Try to remain claim-free
- Ensure your driving record is clean
- Drive attentively and avoid accidents
- Compare rates regularly and switch companies to save money
The last idea is especially important, as was stressed in this piece. Rates in Memphis fluctuate considerably, so you should be ready to buy a different policy if you can save money.
Having a favorite company is fine, but we do not recommend it if that dedication is costing a lot of money every month. It only take a few minutes to compare rates to find cheaper car insurance for government employees.
If you aren’t sure which coverage to buy and prefer to have a professional recommendation when shopping around for cheaper insurance for state and federal workers, the agents listed below can most likely aid you in deciding which insurance coverage will be best for you. To locate a Memphis car insurance agency closest to you, click the button at the bottom of the list or click here to compare prices now.
Kellett Insurance Agency
4608 Quince Rd – Memphis, TN 38117 – (901) 685-3008
Deloris Burrow – State Farm Insurance Agent
3558 Hickory Hill Rd – Memphis, TN 38115 – (901) 373-8052
Smith-Berclair Insurance
855 Ridge Lake Blvd #400 – Memphis, TN 38120 – (901) 753-4323