Memphis drivers have plenty of reasons to look for a solid car insurance policy. Busy roads like Interstate 240 and Poplar Avenue are often congested during rush hour, potholes and uneven pavement on local roads raise the risk of accidents, and late-night driving often involves sharing the road with pedestrians and tourists in this vibrant city.
To help you shop for affordable coverage, we’ve collected real policy quotes from Jerry customers in Memphis that show how your premium can vary based on your driving record, age, location and the type of coverage you need.
More: Get cheap car insurance the smart way, today
Cheapest minimum coverage insurance in Memphis
Tennessee requires drivers to have:
- $25,000 in bodily injury liability per person.
- $50,000 in bodily injury liability per accident.
- $25,000 in property damage liability per accident.
These are the cheapest quotes for minimum coverage that Memphis drivers received via Jerry.
|
Monthly Quote
|
Annual Quote
|
Insurance Company
|
Age
|
Date of Policy
|
City, State
|
ZIP Code
|
|---|---|---|---|---|---|---|
| $32 | $386 | Progressive | 77 | October 1, 2024 | Memphis, TN | 38128 |
| $33 | $394 | Progressive | 55 | October 20, 2024 | Memphis, TN | 38109 |
| $44 | $530 | Trexis | 36 | June 15, 2024 | Memphis, TN | 38103 |
| $49 | $586 | Progressive | 33 | November 1, 2024 | Memphis, TN | 38117 |
| $51 | $614 | Progressive | 40 | December 23, 2024 | Memphis, TN | 38109 |
| $52 | $622 | Trexis | 36 | October 21, 2024 | Memphis, TN | 38104 |
| $52 | $622 | Trexis | 61 | April 10, 2024 | Memphis, TN | 38119 |
| $52 | $628 | Progressive | 59 | November 16, 2024 | Memphis, TN | 38125 |
| $53 | $641 | Trexis | 59 | April 14, 2025 | Memphis, TN | 38119 |
| $54 | $642 | Trexis | 46 | March 17, 2024 | Memphis, TN | 38116 |
If you have a loan or lease on your vehicle, the lender will require
More: Best car insurance companies
Cheapest full coverage insurance in Memphis
Full coverage includes collision insurance and comprehensive insurance. Collision pays to repair your vehicle after an accident, regardless of who is at fault, while comprehensive helps cover the damages caused by non-collision events such as weather hazards, animal collisions, or theft.
These are the cheapest full coverage quotes that Jerry customers have received in Memphis.
|
Monthly Quote
|
Annual Quote
|
Insurance Company
|
Age
|
Date of Policy
|
City, State
|
ZIP Code
|
|---|---|---|---|---|---|---|
| $40 | $478 | Progressive | 63 | March 23, 2025 | Memphis, TN | 38107 |
| $42 | $498 | Progressive | 66 | November 11, 2024 | Memphis, TN | 38112 |
| $54 | $650 | Progressive | 60 | March 20, 2025 | Memphis, TN | 38111 |
| $55 | $654 | Progressive | 39 | November 22, 2024 | Memphis, TN | 38125 |
| $56 | $676 | Progressive | 60 | January 5, 2025 | Memphis, TN | 38125 |
| $57 | $680 | Progressive | 51 | October 19, 2024 | Memphis, TN | 38141 |
| $57 | $680 | Progressive | 69 | September 6, 2024 | Memphis, TN | 38122 |
| $66 | $796 | Progressive | 71 | February 3, 2025 | Memphis, TN | 38135 |
| $68 | $816 | Progressive | 57 | September 7, 2024 | Memphis, TN | 38127 |
| $77 | $918 | Progressive | 47 | April 24, 2025 | Memphis, TN | 38126 |
More: Best car insurance in Tennessee
Cheapest car insurance for young drivers in Memphis (18-29 years old)
Young drivers are often quoted higher premiums than seniors because insurers sometimes view their lack of experience as a risk. It’s wise to compare quotes from multiple insurance companies to find the most affordable rate.
Here are real quotes that young Jerry customers in Memphis have received via Jerry.
|
Monthly Quote
|
Annual Quote
|
Insurance Company
|
Age
|
Has Full Coverage
|
Date of Policy
|
City, State
|
ZIP Code
|
|---|---|---|---|---|---|---|---|
| $55 | $662 | Progressive | 28 | No | February 2, 2025 | Memphis, TN | 38122 |
| $73 | $874 | Progressive | 26 | No | July 5, 2024 | Memphis, TN | 38114 |
| $74 | $886 | Trexis | 29 | No | March 27, 2024 | Memphis, TN | 38128 |
| $77 | $924 | Trexis | 29 | No | June 8, 2024 | Memphis, TN | 38111 |
| $78 | $938 | Progressive | 27 | No | February 5, 2025 | Memphis, TN | 38111 |
More: Cheapest car insurance in Tennessee
Cheapest car insurance for mature drivers in Memphis (30-54 years old)
|
Monthly Quote
|
Annual Quote
|
Insurance Company
|
Age
|
Has Full Coverage
|
Date of Policy
|
City, State
|
ZIP Code
|
|---|---|---|---|---|---|---|---|
| $44 | $530 | Trexis | 36 | No | June 15, 2024 | Memphis, TN | 38103 |
| $49 | $586 | Progressive | 33 | No | November 1, 2024 | Memphis, TN | 38117 |
| $51 | $614 | Progressive | 40 | No | December 23, 2024 | Memphis, TN | 38109 |
| $52 | $622 | Trexis | 36 | No | October 21, 2024 | Memphis, TN | 38104 |
| $54 | $642 | Trexis | 46 | No | March 17, 2024 | Memphis, TN | 38116 |
Cheapest car insurance for older drivers (55+ years old)
|
Monthly Quote
|
Annual Quote
|
Insurance Company
|
Age
|
Has Full Coverage
|
Date of Policy
|
City, State
|
ZIP Code
|
|---|---|---|---|---|---|---|---|
| $32 | $386 | Progressive | 77 | No | October 1, 2024 | Memphis, TN | 38128 |
| $33 | $394 | Progressive | 55 | No | October 20, 2024 | Memphis, TN | 38109 |
| $40 | $478 | Progressive | 63 | Yes | March 23, 2025 | Memphis, TN | 38107 |
| $42 | $498 | Progressive | 66 | Yes | November 11, 2024 | Memphis, TN | 38112 |
| $52 | $622 | Trexis | 61 | No | April 10, 2024 | Memphis, TN | 38119 |
Cheapest car insurance for drivers with clean records in Memphis
A clean record is one way to help ensure you’re getting the most affordable quotes possible. Here are some of the cheapest car insurance quotes that drivers with spotless records have received via Jerry.
|
Monthly Quote
|
Annual Quote
|
Insurance Company
|
Age
|
Date of Policy
|
Has Full Coverage
|
City, State
|
ZIP Code
|
|---|---|---|---|---|---|---|---|
| $32 | $386 | Progressive | 77 | October 1, 2024 | No | Memphis, TN | 38128 |
| $33 | $394 | Progressive | 55 | October 20, 2024 | No | Memphis, TN | 38109 |
| $40 | $478 | Progressive | 63 | March 23, 2025 | Yes | Memphis, TN | 38107 |
| $44 | $530 | Trexis | 36 | June 15, 2024 | No | Memphis, TN | 38103 |
| $51 | $614 | Progressive | 40 | December 23, 2024 | No | Memphis, TN | 38109 |
| $52 | $622 | Trexis | 61 | April 10, 2024 | No | Memphis, TN | 38119 |
| $52 | $628 | Progressive | 59 | November 16, 2024 | No | Memphis, TN | 38125 |
| $54 | $642 | Trexis | 46 | March 17, 2024 | No | Memphis, TN | 38116 |
| $54 | $650 | Progressive | 60 | March 20, 2025 | Yes | Memphis, TN | 38111 |
| $55 | $662 | Progressive | 28 | February 2, 2025 | No | Memphis, TN | 38122 |
Cheapest car insurance for drivers with low credit scores in Memphis
Drivers with low credit scores are likely to pay higher premiums than those with good credit. This means you may have to do extra comparison shopping to get a good rate. Here are some of the cheapest insurance quotes Memphis drivers with scores below 550 received via Jerry.
|
Credit Score
|
Monthly Quote
|
Annual Quote
|
Insurance Company
|
Age
|
Date of Policy
|
City, State
|
ZIP Code
|
|---|---|---|---|---|---|---|---|
| <550 | $53 | $641 | Trexis | 59 | April 14, 2025 | Memphis, TN | 38119 |
| <550 | $62 | $738 | Trexis | 52 | January 4, 2024 | Memphis, TN | 38115 |
| <550 | $63 | $756 | Trexis | 57 | March 15, 2025 | Memphis, TN | 38128 |
| <550 | $63 | $760 | Trexis | 41 | February 4, 2025 | Memphis, TN | 38112 |
| <550 | $72 | $868 | Trexis | 32 | March 28, 2024 | Memphis, TN | 38119 |
Cheapest car insurance for drivers with at-fault accidents in Memphis
|
At-fault Accident on Record
|
Monthly Quote
|
Annual Quote
|
Insurance Company
|
Age
|
Has Full Coverage
|
Date of Policy
|
City, State
|
ZIP Code
|
|---|---|---|---|---|---|---|---|---|
| At Fault With No Injury | $42 | $498 | Progressive | 66 | Yes | November 11, 2024 | Memphis, TN | 38112 |
| At Fault With No Injury | $52 | $622 | Trexis | 36 | No | October 21, 2024 | Memphis, TN | 38104 |
| At Fault With No Injury | $55 | $654 | Progressive | 39 | Yes | November 22, 2024 | Memphis, TN | 38125 |
| At Fault With No Injury | $56 | $676 | Progressive | 60 | Yes | January 5, 2025 | Memphis, TN | 38125 |
| At Fault With No Injury | $58 | $700 | Trexis | 59 | No | December 25, 2023 | Memphis, TN | 38107 |
Cheapest car insurance for drivers with speeding tickets in Memphis
|
Violation Summary
|
Monthly Quote
|
Annual Quote
|
Insurance Company
|
Age
|
Date of Policy
|
City, State
|
ZIP Code
|
|---|---|---|---|---|---|---|---|
| Speeding over 15 | $49 | $586 | Progressive | 33 | November 1, 2024 | Memphis, TN | 38117 |
| Speeding under 15 | $55 | $654 | Progressive | 39 | November 22, 2024 | Memphis, TN | 38125 |
| Speeding over 15 | $56 | $672 | Progressive | 44 | October 22, 2024 | Memphis, TN | 38128 |
| Speeding over 15 | $81 | $972 | Trexis | 40 | April 29, 2024 | Memphis, TN | 38103 |
| Speeding over 15 | $82 | $978 | Trexis | 33 | March 4, 2024 | Memphis, TN | 38120 |
Methodology
Data included in this analysis comes from policies that Jerry has quoted within the last 18 months. Jerry services 48 states and offers a range of insurance companies to choose from.
Xuyun Zeng is a writer and editor with a wide-ranging content background including tech, journalism, cars and health care. After graduating with highest honors in journalism, Xuyun led a newspaper to win eight awards, helped start an award-winning film industry podcast and has written over a hundred articles about cars repair, state laws and insurance. Prior to joining Jerry, Xuyun worked as a freelance SEO consultant with a mission to create the best content that will help readers and grow organic traffic.
Annie is a writer and editor at Jerry and has more than a decade of experience writing and editing digital content. Before joining Jerry, she was an assistant assigning editor at NerdWallet, where she covered loans. Previously, she worked at USAA and newspapers in Minnesota, North Dakota, California, and Texas. She holds a bachelor’s degree in journalism from the University of Minnesota.
