Best And Cheapest Motorcycle Insurance in Tennessee 2024

Finding the right motorcycle insurance in Tennessee can be tricky. However, you’re in the perfect place to work this out. Based on our experience, the best provider combines excellent coverage with outstanding customer service.

In my 15 years working in insurance, I’ve seen the risks of not having good motorcycle insurance. It’s not just about legality; it’s about securing your investment.

Designed with our extensive experience, this guide helps you avoid pitfalls and choose the most reliable and affordable options for your motorcycle.

Cheapest Motorcycle Insurance Companies In Tennessee For Minimum Liability Coverage

Our research revealed that USAA (Progressive) has the cheapest minimum coverage in Tennessee, with a monthly rate of $8.

“Cheapest minimum coverage for motorcycle insurance in Tennessee” pertains to the lowest-cost policies that comply with the state’s legal standards for motorcycle riders. These policies generally include basic liability coverage for bodily injury and property damage the rider might cause in an accident.

Factors such as driving history play a significant role in insurance rates for this category. Riders with clean records generally see lower premiums because insurers view them as lower risk. In contrast, those with a history of accidents or violations often have higher rates, as insurers consider them more likely to be involved in future incidents.

Notably, experiencing an accident can have a significant impact on your insurance rate since it implies a higher risk of costly claims for the insurance company. This assessment of risk directly influences the price of minimum coverage insurance in Tennessee.

Cheapest Motorcycle Insurance In Tennessee For Full Coverage

Based on our research findings, Harley Davidson (Sentry) stands out as the provider of the most budget-friendly full coverage motorcycle insurance in Tennessee, with a monthly cost of $28.

“Cheapest full coverage for motorcycle insurance in Tennessee” denotes the most economical options for insurance policies that surpass the state’s minimum liability requirements. Full coverage typically includes comprehensive and collision insurance, offering comprehensive protection against incidents such as accidents, theft, vandalism, and natural disasters.

Factors such as a rider’s driving history play a crucial role in insurance rate determination in this category. Generally, riders with clean records receive lower premiums because insurers see them as less of a risk.

Nevertheless, a history of accidents or traffic violations typically results in higher rates because insurers see these riders as higher risk. Specifically, being in an accident can substantially raise your rate as it increases the likelihood of future claims from the insurer’s perspective.

Average Cost Of Motorcycle Insurance In Tennessee

It’s customary for individuals in Tennessee to pay $35 monthly for full coverage motorcycle insurance.

Average Cost Of Motorcycle Insurance In Tennessee – By City

The city where you live can impact your motorcycle insurance rates in Tennessee. Riders in larger metropolitan areas often pay higher rates than those in rural areas due to a higher incidence of accidents in more populated zip codes.

Here are the ten Tennessee cities with the lowest motorcycle insurance rates:

Do You Need Motorcycle Insurance In Tennessee?

Motorcycle insurance is not just important in Tennessee; it’s a legal necessity. The state mandates that all motorcycle riders must have a minimum level of insurance coverage to legally ride on public roads. This law ensures financial responsibility for any damages or injuries in case of an accident.

The minimum insurance coverage required in Tennessee includes liability insurance for bodily injury and property damage you may cause to others. The law mandates at least $25,000 for injury or death to one person, $50,000 for injury or death to more than one person, and $15,000 for property damage. This basic coverage does not protect the rider’s own injuries or damages to their motorcycle.

For broader protection, riders typically opt for additional coverages such as collision, comprehensive, and uninsured/underinsured motorist insurance. Collision insurance covers damages to your motorcycle in accidents, while comprehensive handles non-collision incidents like theft, vandalism, or natural disasters. Uninsured/underinsured motorist coverage is particularly vital in Tennessee, where many drivers might not have sufficient insurance.

The law mandates minimum insurance coverage, but riders should evaluate their individual needs, including the value of their motorcycle, how frequently they ride, and their financial status. Failing to maintain the required insurance can lead to fines, license suspension, and even impoundment of the motorcycle.

How To Get A Motorcycle Insurance Quote

The process of securing a motorcycle insurance quote is simple and includes several steps:

Gather Your Personal Information: Get your personal information ready before you start. This includes your full name, address, date of birth, and driver’s license number, along with information about any additional riders who might use the motorcycle.

Collect Your Motorcycle’s Details: Make sure you have specific details about your motorcycle ready before you start, including the make, model, year, engine size, and vehicle identification number (VIN). Additionally, if you’ve made any modifications or have specific safety features, make sure to have those details available, as they can affect your quote.

Determine Your Insurance Needs: Think about the coverage you require, including determining liability limits and whether you want additional options like comprehensive, collision, or uninsured motorist coverage.

Research Insurance Providers: Explore insurance companies offering motorcycle insurance, reviewing their reputation, customer service performance, and financial viability.

Get Quotes: You can ask for insurance quotes online, over the phone, or in person. Give the required details to the insurance provider. Online forms are a quick and convenient way to obtain several quotes. (Insuranceopedia provides multiple quotes, making the selection process easier.)

Compare Quotes: After obtaining several quotes, compare them by looking at price, coverage options, deductibles, and any exclusions or limitations. Make sure that the coverages are consistent across the different quotes.

Ask About Discounts: Check if there are any discounts you could be eligible for, such as those for safe driving, having multiple policies, or taking motorcycle safety courses.

Review Quotes and Select a Policy: Evaluate all the details and select the policy that offers the most favorable mix of price and coverage for your needs.

Provide Additional Information and Make Your Purchase: After selecting a provider, you may be required to submit more information or documents. Check the policy details, make your first payment, and receive your proof of insurance.

Don’t forget, the lowest quote doesn’t always offer the best coverage. Assess the value for the price you’re paying.