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.
Cheapest minimum coverage insurance in Memphis
Tennessee requires drivers to have:
- $25,000 for bodily injury liability per person and $50,000 per accident.
- $25,000 for 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
|
---|---|---|---|---|---|---|
$33 | $394 | Progressive | 55 | October 20, 2024 | Memphis, TN | 38109 |
$44 | $530 | Trexis | 36 | June 15, 2024 | Memphis, TN | 38103 |
$47 | $566 | Trexis | 56 | May 22, 2024 | Memphis, TN | 38106 |
$49 | $586 | Progressive | 33 | November 1, 2024 | Memphis, TN | 38117 |
$52 | $624 | Trexis | 56 | November 24, 2023 | Memphis, TN | 38135 |
$52 | $628 | Progressive | 59 | November 16, 2024 | Memphis, TN | 38125 |
$54 | $642 | Trexis | 46 | March 17, 2024 | Memphis, TN | 38116 |
$54 | $652 | Trexis | 56 | November 25, 2023 | Memphis, TN | 38116 |
$55 | $662 | Progressive | 28 | February 2, 2025 | Memphis, TN | 38122 |
$56 | $672 | Progressive | 44 | October 22, 2024 | Memphis, TN | 38128 |
If you have a loan or lease on your vehicle, the lender will require
Cheapest full coverage insurance in Memphis
Full coverage includes collision and comprehensive insurances. 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 |
$57 | $680 | Progressive | 51 | October 19, 2024 | Memphis, TN | 38141 |
$57 | $680 | Progressive | 69 | September 6, 2024 | Memphis, TN | 38122 |
$63 | $756 | Progressive | 66 | November 12, 2024 | Memphis, TN | 38108 |
$66 | $796 | Progressive | 71 | February 3, 2025 | Memphis, TN | 38135 |
$68 | $816 | Progressive | 57 | September 7, 2024 | Memphis, TN | 38127 |
$72 | $864 | Progressive | 39 | November 21, 2023 | Memphis, TN | 38104 |
$77 | $918 | Progressive | 47 | April 24, 2025 | Memphis, TN | 38126 |
$79 | $952 | Progressive | 52 | January 22, 2025 | Memphis, TN | 38134 |
Cheapest car insurance for young drivers in Memphis (18-29 years old)
Young drivers are often quoted higher premiums than older drivers 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 |
$78 | $938 | Progressive | 27 | No | February 5, 2025 | Memphis, TN | 38111 |
$81 | $968 | Trexis | 29 | No | January 26, 2024 | Memphis, TN | 38141 |
$86 | $1,034 | Progressive | 29 | Yes | March 17, 2025 | Memphis, TN | 38118 |
$88 | $1,056 | Trexis | 23 | No | March 4, 2024 | Memphis, TN | 38016 |
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 |
$54 | $642 | Trexis | 46 | No | March 17, 2024 | Memphis, TN | 38116 |
$56 | $672 | Progressive | 44 | No | October 22, 2024 | Memphis, TN | 38128 |
$57 | $680 | Progressive | 51 | Yes | October 19, 2024 | Memphis, TN | 38141 |
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
|
---|---|---|---|---|---|---|---|
$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 |
$47 | $566 | Trexis | 56 | No | May 22, 2024 | Memphis, TN | 38106 |
$52 | $624 | Trexis | 56 | No | November 24, 2023 | Memphis, TN | 38135 |
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
|
---|---|---|---|---|---|---|---|
$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 |
$52 | $624 | Trexis | 56 | November 24, 2023 | No | Memphis, TN | 38135 |
$52 | $628 | Progressive | 59 | November 16, 2024 | No | Memphis, TN | 38125 |
$54 | $642 | Trexis | 46 | March 17, 2024 | No | Memphis, TN | 38116 |
$54 | $652 | Trexis | 56 | November 25, 2023 | No | Memphis, TN | 38116 |
$55 | $662 | Progressive | 28 | February 2, 2025 | No | Memphis, TN | 38122 |
$57 | $680 | Progressive | 69 | September 6, 2024 | Yes | Memphis, TN | 38122 |
$57 | $680 | Progressive | 51 | October 19, 2024 | Yes | Memphis, TN | 38141 |
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 | $62 | $738 | Trexis | 52 | January 4, 2024 | Memphis, TN | 38115 |
<550 | $76 | $912 | Trexis | 38 | April 24, 2024 | Memphis, TN | 38134 |
<550 | $77 | $928 | Trexis | 43 | December 11, 2023 | Memphis, TN | 38141 |
<550 | $81 | $972 | Trexis | 40 | April 29, 2024 | Memphis, TN | 38103 |
<550 | $87 | $1,040 | Progressive | 41 | July 30, 2024 | Memphis, TN | 38114 |
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 | $58 | $700 | Trexis | 59 | No | December 25, 2023 | Memphis, TN | 38107 |
At Fault With No Injury | $63 | $756 | Progressive | 66 | Yes | November 12, 2024 | Memphis, TN | 38108 |
At Fault With No Injury | $87 | $1,040 | Progressive | 41 | No | July 30, 2024 | Memphis, TN | 38114 |
At Fault With Injury | $87 | $1,048 | Trexis | 67 | No | April 19, 2024 | Memphis, TN | 38127 |
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 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 under 15 | $86 | $1,034 | National General | 42 | August 29, 2024 | Memphis, TN | 38116 |
Speeding over 15 | $90 | $1,078 | Trexis | 27 | March 8, 2024 | Memphis, TN | 38018 |
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.