Cheap Car Insurance in Memphis, TN (August 2025)

Written by Xuyun Zeng and 1 other
Updated Jul 29, 2025
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Cheap Car Insurance in Memphis, TN (August 2025)

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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 Quote
City, State
ZIP Code
$22 $266 Progressive 73 February 1, 2025 Memphis, TN 38104
$24 $288 Progressive 59 March 31, 2025 Memphis, TN 38135
$32 $384 Progressive 44 July 17, 2025 Memphis, TN 38114
$39 $468 Progressive 68 June 28, 2025 Memphis, TN 38134
$40 $474 Progressive 27 July 19, 2025 Memphis, TN 38134
$41 $488 Progressive 46 June 27, 2025 Memphis, TN 38109
$42 $502 Electric 65 June 18, 2025 Memphis, TN 38111
$42 $504 Progressive 38 June 14, 2025 Memphis, TN 38128
$44 $528 Progressive 72 May 7, 2025 Memphis, TN 38125
$46 $556 Geico 55 May 4, 2025 Memphis, TN 38127
Last Updated Jul 30, 2025

If you have a loan or lease on your vehicle, the lender will require full coverage. You may also need gap insurance, which can help you pay off your loan if your car is totaled.

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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 Quote
City, State
ZIP Code
$65 $774 National General 45 June 25, 2025 Memphis, TN 38111
$67 $806 Progressive 41 June 19, 2025 Memphis, TN 38134
$75 $902 Progressive 41 June 19, 2025 Memphis, TN 38128
$79 $944 National General 65 July 20, 2025 Memphis, TN 38116
$83 $992 Progressive 41 June 19, 2025 Memphis, TN 38128
$86 $1,034 Progressive 27 July 19, 2025 Memphis, TN 38134
$93 $1,118 Electric 39 June 17, 2025 Memphis, TN 38103
$96 $1,148 National General 67 March 16, 2025 Memphis, TN 38104
$98 $1,176 Progressive 36 May 24, 2025 Memphis, TN 38104
$100 $1,194 National General 60 July 21, 2025 Memphis, TN 38115
Last Updated Jul 30, 2025

Estimate car insurance costs

Enter your ZIP code to see what Jerry customers have been quoted for full coverage, on average.

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Methodology

Jerry's editorial team analyzed Jerry customer quotes to find the median full coverage quote, by ZIP code. We looked at customers driving popular vehicles, including the Ford-150, Honda Accord, Nissan Altima, RAM 1500, Toyota Camry and Toyota RAV4 . We also used the following base driver profile:

  • 35-45 years old.
  • Clean driving record.
  • $50,000 in bodily injury liability, per person.
  • $100,000 in bodily injury liability, per accident.
  • $1,000 deductible for comprehensive and collision insurance.

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 Quote
City, State
ZIP Code
$61 $726 Safeco 27 No May 30, 2025 Memphis, TN 38104
$63 $756 Progressive 29 No March 19, 2025 Memphis, TN 38106
$71 $850 National General 29 No July 20, 2025 Memphis, TN 38103
$79 $944 ROOT 29 No July 17, 2025 Memphis, TN 38103
$86 $1,034 Progressive 27 Yes July 19, 2025 Memphis, TN 38134
Last Updated Jul 30, 2025

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 Quote
City, State
ZIP Code
$42 $504 Progressive 38 No June 14, 2025 Memphis, TN 38128
$48 $574 Progressive 46 No June 27, 2025 Memphis, TN 38135
$49 $583 Safeco 38 No June 17, 2025 Memphis, TN 38125
$51 $616 Trexis 34 No May 28, 2025 Memphis, TN 38135
$53 $630 Trexis 50 No July 4, 2025 Memphis, TN 38134
Last Updated Jul 30, 2025

Cheapest car insurance for older drivers (55+ years old)

Monthly Quote
Annual Quote
Insurance Company
Age
Has Full Coverage
Date of Quote
City, State
ZIP Code
$24 $288 Progressive 59 No March 31, 2025 Memphis, TN 38135
$44 $528 Progressive 72 No May 7, 2025 Memphis, TN 38125
$57 $686 Trexis 55 No July 21, 2025 Memphis, TN 38111
$61 $726 Electric 55 No April 14, 2025 Memphis, TN 38103
$63 $752 Electric 60 No July 26, 2025 Memphis, TN 38109
Last Updated Jul 30, 2025

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 Quote
Has Full Coverage
City, State
ZIP Code
$24 $288 Progressive 59 March 31, 2025 No Memphis, TN 38135
$42 $504 Progressive 38 June 14, 2025 No Memphis, TN 38128
$44 $528 Progressive 72 May 7, 2025 No Memphis, TN 38125
$48 $574 Progressive 46 June 27, 2025 No Memphis, TN 38135
$49 $583 Safeco 38 June 17, 2025 No Memphis, TN 38125
$51 $616 Trexis 34 May 28, 2025 No Memphis, TN 38135
$53 $630 Trexis 50 July 4, 2025 No Memphis, TN 38134
$54 $652 National General 43 June 21, 2025 No Memphis, TN 38116
$55 $658 National General 39 February 22, 2025 No Memphis, TN 38119
$57 $686 Trexis 55 July 21, 2025 No Memphis, TN 38111
Last Updated Jul 30, 2025

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 $63 $760 Trexis 41 February 4, 2025 Memphis, TN 38112
<550 $74 $888 Trexis 52 September 14, 2024 Memphis, TN 38116
<550 $77 $927 Trexis 37 June 24, 2025 Memphis, TN 38111
<550 $78 $940 Trexis 37 February 18, 2025 Memphis, TN 38127
<550 $79 $946 Trexis 66 September 11, 2024 Memphis, TN 38116
Last Updated Jul, 2025

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 $66 $791 Trexis 49 No July 20, 2025 Memphis, TN 38127
At Fault With No Injury $73 $878 Progressive 45 No June 26, 2025 Memphis, TN 38134
At Fault With No Injury $74 $888 Progressive 66 Yes November 11, 2024 Memphis, TN 38112
At Fault With No Injury $74 $888 Trexis 52 No September 14, 2024 Memphis, TN 38116
At Fault With No Injury $77 $927 Trexis 37 No June 24, 2025 Memphis, TN 38111
Last Updated Jul, 2025

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 $77 $926 Trexis 35 August 22, 2024 Memphis, TN 38134
Speeding over 15 $77 $927 Trexis 37 June 24, 2025 Memphis, TN 38111
Speeding under 15 $80 $965 Trexis 50 May 9, 2025 Memphis, TN 38127
Speeding over 15 $81 $972 Trexis 40 April 29, 2024 Memphis, TN 38103
Last Updated Jul, 2025

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.

MEET OUR EXPERTS
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Xuyun Zeng

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.

meet-experts-thumbnail
Annie Millerbernd

Annie is a writer and editor at Jerry with more than a decade of experience writing and editing digital content. Before joining Jerry, she was an assistant assigning editor at NerdWallet. Her past work has appeared in the Associated Press, USA Today and The Washington Post. Her work has been cited by NorthWestern University and Harvard Kennedy School. Annie served as a spokesperson for NerdWallet during her time at NerdWallet and has been featured in New York Magazine, MarketWatch and on local television and radio stations.

Previously, she worked at USAA and newspapers in Minnesota, North Dakota, California and Texas. She has a bachelor’s degree in journalism from the University of Minnesota.

Over the past 12 months, 25% of drivers who switched with Jerry paid $85 or less per month. Not all customers find savings. Savings depend on state, policy features, coverage, driving history and other factors.
Editorial Note: This article was written by a paid member of Jerry’s editorial team. Statements in this article do not constitute advice or recommendations. You should consult with an insurance professional about your specific circumstances and needs before making any insurance decisions.