Tennessee Auto Insurance with Bad Credit

The Zebra
March 12, 2019

It can be tough to find cheap auto insurance if you have bad credit. Car insurers use credit history as a major rating factor, pricing policies based in part on drivers’ credit scores. Because car insurers rely on data showing drivers with bad credit have a greater likelihood of filing auto insurance claims, they account for for the additional risk by charging more expensive rates.

How much you pay for car insurance with bad credit depends on which company you choose, where you live, and many other rating factors. See below typical insurance prices for drivers with bad credit in major Tennessee cities, along with rates from popular auto insurance companies, plus tips on how to save on car insurance if you have a bad credit score in Tennessee.


Auto insurance for drivers with bad credit in Tennessee:

  1. Average rates
  2. Rates by city
  3. Costs by carrier

Car insurance rates with bad credit in Tennessee

Tennessee drivers face a penalty of $1,323 each year for having a "worst"-tier credit score. Drivers in the "poor" or "below fair to poor" credit tiers will also face a penalty.


TENNESSEE CAR INSURANCE RATES WITH BAD CREDIT

Credit TierAverage Annual Rate in Tennessee
Worst$2,638
Poor$2,349
Below Fair to Poor$2,127
Average — All Credit Tiers$1,315

Paying too much? Compare rates today!


Auto insurance rates with bad credit in Tennessee cities

Your car insurance costs will also vary based on the precise area in which you live. Insurers rely on your address to better understand your likelihood of filing a claim: the more claim-prone your area,, the more expensive your rates will be.

We've listed major Tennessee cities and their average car insurance rates for those with bad credit.


BAD CREDIT CAR INSURANCE RATES IN TENNESSEE CITIES

CityAverage Annual Rate — Worst CreditAverage Annual Rate — Poor CreditAverage Annual Rate — Below Fair to Poor Credit
Memphis$3,318$2,951$2,672
Knoxville$2,609$2,323$2,102
Chattanooga$2,490$2,217$2,007
Clarksville$2,581$2,299$2,082
Murfreesboro$2,556$2,274$2,058

Shop for an affordable policy today!


Cheap car insurance companies for bad credit in Tennessee

Another contributing factor to how much you pay for auto insurance is the company you buy from. Every car insurance company prices policies in a unique manner, giving rating factors varying weights in their calculations. Credit score can be a major differentiator in price between otherwise-similar insurance companies. In Tennessee, the cheapest insurance company for a driver with a bad credit score is Tennessee Farmers, which offers a discount of $409 yearly compared to the second-cheapest company, GEICO.

See prices from leading auto insurance companies in Tennessee for drivers with bad credit.


TENNESSEE CAR INSURANCE RATES WITH BAD CREDIT — BY COMPANY

CompanyAverage Annual Rate — Worst Credit
Tennessee Farmers$1,030
GEICO$1,439
Direct Insurance$1,664
USAA$2,391
Mountain Laurel Assurance Company$2,465

If you're having a hard time buying car insurance with a bad credit history, consider these tips:

  1. View car insurance quotes
  2. Be smart with your claims
  3. Know what goes into car insurance rates