The average annual cost of car insurance in Chattanooga is $391 for minimum coverage and $1,300 for full coverage. It is one of the cheaper places to live in the U.S., with more than 5.4 million registered drivers in the state. Chattanooga car insurance can be surprisingly affordable if you know what to look for. That is where we can help.
To find Chattanooga’s best cheap car insurance, the Bankrate editorial team takes a multi-faceted approach, combining our exclusive Bankrate score with a comprehensive analysis of today’s insurance market. Based on factors like coverage, price, and industry rankings, these are the best cheap car insurance companies in Chattanooga for 2021.
Best car insurance companies in Chattanooga
There is much to consider when choosing a new insurance company for your auto insurance. Available options for coverage and add-on protections are important. In addition to the average rates for each company, we also look at discounts that may help you save additional money. Finally, we refer to industry experts like AM Best for financial strength and J.D. Power customer satisfaction ratings from the 2021 U.S. Auto Insurance Study for the Southeast region.
Although the cost of car insurance averages $1,300 for full coverage, many companies offer Chattanooga auto insurance at a lower average rate. Geico is the cheapest on our list, averaging $923 per year for full coverage. USAA and State Farm also average lower-than-average rates in Chattanooga. However, Allstate and Erie both average slightly higher than the average cost of car insurance in Chattanooga.
Based on these factors and more, these are the best car insurance companies in Chattanooga.
| Insurance company | J.D. Power customer satisfaction score (Southeast region) |
Average annual premium for minimum coverage | Average annual premium for full coverage |
|---|---|---|---|
| Geico | 843/1,000 | $226 | $925 |
| USAA | 890/1,000 | $346 | $1,153 |
| Erie | 874/1,000 | $373 | $1,555 |
| State Farm | 859/1,000 | $379 | $1,142 |
| Allstate | 838/1,000 | $472 | $1,625 |
Geico
Geico does not only provide auto insurance for vehicles. Other types of car insurance coverage available, too, including motorcycle, RV and classic car insurance. Coverage is well-rounded with the option to add personal injury protection (PIP) coverage, rental reimbursement and mechanical breakdown insurance. Combined with 24/7 customer service, Geico has a top-rated mobile app to assist with your policy anytime.
Geico has several car insurance discounts, including extra savings when you are accident-free for five years or bundle policies. You can also save with other discounts like military and professional discounts and special savings for senior and student drivers.
Learn more: Geico Insurance review
USAA
USAA is rank-ineligible in J.D. Power rankings, but it still receives top scores for customer satisfaction. This military-only provider is exclusive to active members and veterans of the military, as well as their families. Many coverage options are available, including rideshare coverage, roadside assistance and extended benefits coverage.
USAA makes it easy to save with exclusive driver savings. If you maintain a low annual mileage or have recently purchased a new vehicle, you could be eligible for additional discounts. You can also receive cheap insurance for loyalty savings or when a family member has an active USAA policy.
Learn more: USAA Insurance review
Erie
Erie offers extra peace of mind with an optional roadside and rentals bundle. Coverage is comprehensive, offering protection for personal items, windshield and glass repairs and pet coverage of up to $500 per pet. Policyholders have the option of upgrading to Erie Auto Plus to bundle features like a diminishing deductible, expanded transportation expense coverage, and a $10,000 death benefit.
To help you save, there are discounts for vehicle storage, safety features and choosing certain payment options. Erie also offers first accident forgiveness and a Rate Lock Feature to protect against rate increases when you file a claim.
Learn more: Erie Insurance review
State Farm
Known for its excellent mobile resources, State Farm also has 19,000 agents across the country. It boasts its own network of auto repair shops and available 24/7 roadside assistance. It is a great choice if you need special coverage, like insurance for sports cars, commercial vehicles and classic cars. If you drive for Uber or Lyft, you can use the rideshare insurance, plus rental and travel expenses insurance if you need help getting back on the road.
State Farm also has two feature programs to help you save: its Drive Safe and Save program, as well as the telematics-based Steer Clear discount. There are also discounts for teens, students and safe drivers.
Learn more: State Farm Insurance review
Allstate
Allstate can be a great choice when you are looking for specialty insurance. It offers great coverage for teen drivers, classic cars, and car insurance for Mexico travel. Additional optional coverage types include custom equipment coverage with optional roadside coverage, PIP insurance and personal umbrella policies.
Allstate has no shortage of discounts, including savings for safety features, multiple policies and payment incentives. Teens may be able to receive good student discounts. Similar to State Farm, Allstate has its own telematics-based Drivewise program that tracks your driving and then rewards you for safe driving.
Learn more: Allstate Insurance review
Cheapest car insurance in Chattanooga
The best cheap car insurance companies in Chattanooga are chosen based on several factors. This includes not only cost but also discounts, customer service, financial strength, and resources. The best carriers are not only the cheapest carriers but also ones with well-rounded protection and support.
In looking solely at price, the cheapest car insurance companies differ slightly. The cost of Chattanooga car insurance averages $1,300 annually for full coverage, and several companies have lower averages. They are also significantly cheaper than the average cost of car insurance in Tennessee, which costs $1,338 per year.
Based on market share, these are the most popular carriers for the cheapest car insurance in Chattanooga. While Geico, USAA and Erie all reappear on this list, Travelers and Nationwide also average some of the cheapest rates in Chattanooga.
| Insurance company | Average annual premium for minimum coverage | Average annual premium for full coverage |
|---|---|---|
| Geico | $226 | $925 |
| USAA | $346 | $1,153 |
| Erie | $373 | $1,555 |
| Travelers | $376 | $1,044 |
| Nationwide | $377 | $1,129 |
Chattanooga insurance requirements
Based on Tennessee car insurance law, Chattanooga drivers must maintain minimum car insurance to legally operate a vehicle.
All Chattanooga drivers must maintain the following minimum auto insurance:
- $25,000 for each injury or death per accident
- $50,000 for total injuries or deaths per accident
- $15,000 for property damage per accident
If you lease or finance a vehicle, you are likely required to carry more than the minimum amount of auto insurance. Even if you own your vehicle, you may want to consider purchasing more than the required auto insurance. If you suffer a significant loss, your insurance company can help cover losses instead of forcing you to pay for your losses yourself.
Car insurance discounts in Chattanooga
Several car insurance discounts can help you save money on your car insurance policy:
- Driver discounts: You could earn a discount if you are a member of the military, a senior or teen driver. Some providers also offer discounts for members of certain organizations.
- Safety discounts: Many companies offer savings for things like anti-lock brakes and anti-theft systems.
- Payment discounts: You could save extra money if you pay in full, renew your quote early or receive paperless statements.
- Customer discounts: Many insurance carriers offer new customer and loyalty discounts.
These discounts present an easy way to lower your car insurance policy if you are eligible for them.
Frequently asked questions
What is the best car insurance company?
The best car insurance companies vary for everyone based on your specific individual needs. What is best for one driver may be different for another based on things like coverage options, budget, credit score and driver record.
How much does car insurance in Chattanooga cost?
Chattanooga car insurance costs an average of $391 annually for a minimum coverage policy, while a full coverage policy costs an average of $1,300 per year.
How much car insurance do I need in Chattanooga?
All drivers in Chattanooga are required to carry a minimum amount of car insurance. This includes $25,000 for each injury or death per accident, $50,000 for total injuries or deaths per accident and $15,000 for property damage per accident. Beyond that, it helps to talk to your insurance provider or agent to determine what amount of car insurance is right for you.
Methodology
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should be used for comparative purposes only. Your quotes may be different.
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