What's the average car insurance rate in Knoxville?
The average cost of auto insurance in Knoxville is $1,547 per year. That's less expensive than the statewide average in Tennessee ($1,570) and less expensive than the national average of $1,548. Our guide to Knoxville auto insurance includes average rates based on age, credit score, driving history, and marital status. Read on to learn more!
KNOXVILLE AUTO INSURANCE RATES
|Knoxville Average (annual)||Tennessee Average||U.S. Average|
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Knoxville auto insurance premiums by company
One of the best ways to save on auto insurance is to compare rates from multiple companies and to choose the insurer that best fits your coverage needs. In Knoxville, GEICO provides the most affordable rates for the typical insurance customer. We've listed the best cheap car insurance companies in Knoxville below. Use this information as a starting point and be sure to compare quotes specific to your unique driving profile.
KNOXVILLE AUTO INSURANCE RATES BY COMPANY
|Company||Average Yearly Rate|
Car insurance rates by age bracket in Knoxville
The age bracket that pays the least for auto insurance in Knoxville consists of drivers in their age_50s, who pay an average of $1,267. Rates for Knoxville drivers in their age_60s are also relatively affordable, at just $1,291 per year.
Teenage drivers pay Knoxville's most expensive insurance rates. One of the easiest ways to lower your car insurance rates as a driver in Knoxville is to age out of your teenage years. The difference in rates paid by teenage drivers and drivers in their 20s in Knoxville is $4,113, the largest such difference between any two age groups.
KNOXVILLE CAR INSURANCE RATES BY DRIVER AGE
|Age bracket||Average Yearly Rate|
Knoxville auto insurance premiums by gender and marital status
Marital status and gender are contributing factors to car insurance rates in many cases. Married drivers in Knoxville pay $119 less than single drivers for car insurance. Married drivers pay less for car insurance than do single drivers in many locations. Rates for those who are widowed are also much cheaper than rates for those who are single. Interestingly enough, in Knoxville, single drivers pay more than those who are widowed.
Another component of auto insurance pricing is gender. The typical male driver in Knoxville pays $45 more each year for car insurance than does his female counterpart.
KNOXVILLE CAR INSURANCE RATES: BY MARITAL STATUS AND GENDER
|Gender/Marital Status||Average Yearly Rate|
Knoxville auto insurance premiums by driving history
Maintaining a clean driving record is an effective way to minimize your auto insurance costs. Speeding tickets, reckless driving citations, DUIs and DWIs, and at-fault accidents all can trigger insurance rate hikes.
Two of the most expensive driving violations from an insurance perspective are reckless driving and DUI. In Knoxville, a reckless driving citation results in an average insurance rate increase of $844 per year, compared to the citywide average. For comparison's sake, a DUI offense results in a $733 increase and a speeding ticket triggers a $338 rate hike.
KNOXVILLE CAR INSURANCE RATES AFTER A COLLISION OR CITATION
|Violation/Incident||Average Yearly Rate|
|At-fault Accident (damages less than $1,000)||$2,044|
|At-fault Accident (damages greater than $2,000)||$2,206|
|Speeding Ticket (16-20 mph over speed limit)||$1,885|
Knoxville car insurance rates by credit tier
A driver's credit level can be closely correlated with their auto insurance rates. In Knoxville, an improvement in credit score from the "Very Poor" tier (300-579) to the "Exceptional" tier (800-850) corresponds to a 63% drop in car insurance costs. If you move from the "Very Poor" credit tier to the "Fair" credit tier, you could be in line for an auto insurance price adjustment. In Knoxville, moving into the "Fair" credit tier corresponds to an average of $1,405 in savings on insurance each year.
KNOXVILLE CAR INSURANCE PREMIUMS BY CREDIT LEVEL
|Credit Score||Average Rate (annual)|