Car Insurance in Memphis, Tennessee
Estimated full coverage in Memphis runs about $1,385 a year ($116/month) — ▲ +5% versus the Tennessee average, ranking 5th most expensive of the 10 Tennessee cities we cover.
Why car insurance in Memphis costs more than the Tennessee average
Insurers price by territory, and Memphis's numbers explain most of the gap. With 610,919 residents on 289.8 square miles, the city's density (2,108 people per square mile) is 5.1 times the density where the typical Tennessee resident lives (410). The average commute is 21.1 minutes (Tennessee: 25.7), and 76% of workers drive alone. Together these put our location factor at 1.05× the state baseline for liability and collision, and 1.03× for comprehensive once FEMA weather risk for Shelby County is included.
| Factor | Memphis | Tennessee ref. | Why it matters |
|---|---|---|---|
| Population density | 2,108 / sq mi | 410 / sq mi | More vehicles per mile of road means more fender-benders and claims. |
| Average commute | 21.1 min | 25.7 min | Longer daily drives add exposure to crashes. |
| Commutes over 60 min | 2.4% | — | Long highway commutes raise mileage-based risk. |
| Drive alone to work | 76.2% | — | Share of workers commuting by car. |
| Public transit to work | 0.8% | — | Transit use lowers how much residents drive. |
| Work from home | 9.2% | — | Remote workers may qualify for low-mileage pricing. |
| Households without a car | 10.3% | — | Context for non-owner and occasional-driver policies. |
| Weather hazard score (FEMA) | 73.2 | 78.8 | Hail, wind, flood and hurricane exposure drive comprehensive claims. |
Car insurance cost by ZIP code in Memphis
Rates can change from one ZIP code to the next. Across 25 Memphis ZIP codes, our full-coverage estimate ranges from $1,315 in 38120 to $1,485 in 38122. Denser, longer-commute neighborhoods estimate higher. Click a column to sort.
| ZIP | Population | Density / sq mi | Commute | No car | Est. full / yr | vs. city |
|---|---|---|---|---|---|---|
| 38016 | 44,136 | 2,437 | 24.9 min | 4.2% | $1,440 | +4% |
| 38134 | 43,947 | 2,366 | 21.3 min | 4.9% | $1,395 | +1% |
| 38109 | 42,452 | 756 | 23.7 min | 11.3% | $1,345 | −3% |
| 38128 | 42,162 | 1,783 | 23.2 min | 9.8% | $1,400 | +1% |
| 38111 | 41,934 | 4,290 | 18.1 min | 13.0% | $1,400 | +1% |
| 38116 | 40,061 | 2,042 | 21.5 min | 13.2% | $1,390 | 0% |
| 38127 | 39,541 | 1,047 | 21.6 min | 11.9% | $1,345 | −3% |
| 38118 | 39,107 | 1,284 | 19.7 min | 7.8% | $1,335 | −4% |
| 38018 | 38,527 | 2,065 | 25.0 min | 3.8% | $1,430 | +3% |
| 38115 | 38,491 | 4,485 | 19.5 min | 12.9% | $1,420 | +3% |
| 38122 | 26,021 | 3,817 | 26.0 min | 8.5% | $1,485 | +7% |
| 38117 | 25,776 | 2,745 | 18.6 min | 3.9% | $1,375 | −1% |
| 38141 | 23,952 | 3,068 | 22.6 min | 5.3% | $1,430 | +3% |
| 38119 | 23,464 | 2,661 | 20.1 min | 2.3% | $1,390 | 0% |
| 38104 | 22,634 | 4,571 | 19.1 min | 10.5% | $1,420 | +3% |
| 38106 | 20,962 | 2,039 | 21.2 min | 16.3% | $1,385 | 0% |
| 38114 | 20,298 | 2,672 | 20.4 min | 13.6% | $1,395 | +1% |
| 38108 | 17,562 | 2,312 | 24.8 min | 18.3% | $1,435 | +4% |
| 38112 | 16,809 | 3,498 | 19.5 min | 16.0% | $1,405 | +1% |
| 38103 | 14,534 | 5,489 | 18.2 min | 5.9% | $1,420 | +3% |
| 38107 | 13,912 | 2,553 | 22.4 min | 18.2% | $1,415 | +2% |
| 38120 | 13,309 | 1,384 | 17.4 min | 3.5% | $1,315 | −5% |
| 38126 | 5,946 | 3,200 | 18.0 min | 30.0% | $1,380 | 0% |
| 38105 | 5,534 | 3,275 | 20.6 min | 26.1% | $1,410 | +2% |
| 38152 | 438 | 4,424 | — | — | $1,440 | +4% |
Minimum car insurance in Memphis
Memphis drivers follow Tennessee's rules: at least 25/50/25 liability coverage. Tennessee is at-fault (tort). We estimate state-minimum coverage in Memphis at $475 a year, and $685 for 100/300/100 limits.
| Coverage | Required? | Minimum | What it pays for |
|---|---|---|---|
| Bodily injury liability | Yes | $25,000 per person / $50,000 per accident | Injuries you cause to other people |
| Property damage liability | Yes | $25,000 | Damage you cause to other vehicles and property |
| Personal injury protection (PIP) | No | — Tennessee does not require personal injury protection. | Your own medical bills and lost wages, regardless of fault |
| Uninsured motorist (UM) | No | — Uninsured motorist coverage is included unless the named insured affirmatively declines it. | Your injuries when the at-fault driver has no insurance |
| Underinsured motorist (UIM) | No | — Underinsured protection is part of Tennessee's uninsured motorist coverage. | The gap when the at-fault driver’s limits are too low |
| Medical payments (MedPay) | No | — Medical payments coverage is optional. | Medical bills for you and your passengers |
The minimum property damage limit was raised from $15,000.
Risk factors that shape Memphis premiums
Accidents
Tennessee recorded 1,197 traffic deaths, or 1.52 per 100 million vehicle miles (U.S.: 1.19), in the latest full year of federal crash data. Local crash frequency is folded into our density and commute factors.
Vehicle theft
Tennessee's vehicle theft rate is 226 per 100,000 residents (U.S.: 197). The most-stolen vehicle in the state is the Chevrolet Pickup (Full Size) (NICB). Theft losses are paid by comprehensive coverage.
Weather
FEMA rates Shelby County as very low for hail, relatively high for inland flooding and relatively high for strong wind, and relatively low for hurricanes.
Traffic & commuting
2.4% of Memphis commuters spend an hour or more getting to work, and there are 1.54 vehicles per household. 9.2% work from home — worth mentioning to insurers that offer low-mileage pricing.
| Hazard | Risk rating | Score (0–100) | Insurance impact |
|---|---|---|---|
| Hail | 12.8 | Comprehensive (car); roof claims (home) | |
| Tornado | 99.8 | Comprehensive; dwelling | |
| Hurricane | 67.1 | Comprehensive; wind/hurricane deductibles (home) | |
| Inland (river) flooding | 98.7 | Comprehensive; home needs a separate flood policy | |
| Coastal flooding | — | Comprehensive; home needs a separate flood policy | |
| Strong wind | 87.7 | Comprehensive; dwelling | |
| Winter weather | 88.7 | Collision (icy roads); frozen pipes (home) |
Scores are national percentiles of FEMA's county risk (higher means more expected loss than most other U.S. counties).
Estimated car insurance in Memphis by driver profile
A clean-record driver in their 50s pays the least in our Memphis model (about $1,275 for full coverage); an 18-year-old on their own policy pays about $3,810, and a DUI pushes a 30-something to $2,565.
| Driver | Minimum | Standard | Full coverage | Full / month |
|---|---|---|---|---|
| Teen driver (18, own policy) | $1,305 | $1,890 | $3,810 | $318 |
| Young adult (22) | $760 | $1,100 | $2,220 | $185 |
| Adult in their 30s | $475 | $685 | $1,385 | $115 |
| Adult in their 50s | $435 | $630 | $1,275 | $106 |
| Senior (72) | $530 | $770 | $1,550 | $129 |
| 30s, one at-fault accident | $685 | $995 | $2,010 | $168 |
| 30s, DUI on record | $875 | $1,270 | $2,565 | $214 |
Minimum vs. standard vs. full coverage in Memphis
| Coverage level | What it includes | Per year | Per month | Typical range |
|---|---|---|---|---|
| State minimum liability | Only the liability (and PIP/UM where required) limits your state mandates. No coverage for your own car. | $475 | $39 | $390–$560 |
| Standard liability (100/300/100) | Higher liability limits plus uninsured motorist coverage. Still no coverage for damage to your own car. | $685 | $57 | $565–$810 |
| Full coverage | Standard liability plus collision and comprehensive, typically required on a financed or leased car. | $1,385 | $116 | $1,135–$1,635 |
Estimate your premium in Memphis
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Cheap car insurance in Memphis: how to lower your rate
The cheapest policy is the one that fits your situation. These levers are priced with Memphis's own numbers:
| Change | Est. yearly savings | Good fit if… |
|---|---|---|
| Raise collision/comprehensive deductible from $500 to $1,000 | $95 | You have savings to cover a bigger out-of-pocket repair. |
| Low-mileage / usage-based pricing (under 7,500 mi) | $95 | You're among the 9.2% of Memphis workers who work from home, or you rarely drive. |
| Drop collision & comprehensive on an older car | $385 | The car is paid off and worth little more than a year of premiums. |
| Standard (100/300/100) instead of full coverage | $700 | No loan or lease requires physical-damage coverage. |
| Avoid one speeding ticket | $305 | Everyone — violations typically affect rates for three to five years. |
Also ask about bundling, good-student, paid-in-full and defensive-driving discounts, and re-shop at every renewal — the same driver can be priced very differently by different insurers. We don't recommend specific companies. Common car insurance discounts.
Comparing car insurance quotes in Memphis
- Use identical limits and deductibles on every quote — e.g. 100/300/100 liability with $1,000 deductibles — or prices aren't comparable.
- Get quotes from different channels: captive agents, independent agents who quote several insurers, and direct online insurers. There are 110 offices listed below.
- Check complaint records with the Tennessee Department of Commerce and Insurance (complaint information) before you buy.
- Mention your ZIP code accurately — within Memphis, our estimates differ by up to $170 a year between neighborhoods.
Car insurance agents near Memphis, TN
We found 110 insurance offices within about 13 miles of central Memphis, from open map data. Hover over a listing to show it on the map, click it to open the address in Google Maps, or tap it on a phone to start navigation. We don't sell insurance, rate these offices or receive anything from them.
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Steve Womack - State Farm
848 South Cooper Street, Memphis, TN 38104 -
Erie Insurance
3181 Poplar Avenue, Suite 318, Memphis, TN 38111 -
State Farm
TN -
Edward Maddox - Farmers Insurance
2151 Courtland Pl, Memphis, TN 38104 -
Auto$ave Insurance
2550 Poplar Avenue, Memphis, TN 38112 -
Allstate Direct Agency
1211 Getwell Rd, Memphis, TN 38111 -
Parker Rhett - State Farm
4515 Poplar Avenue, Suite 416, Memphis, TN 38117 -
Mostly Trucks
4035 Summer Avenue, Memphis, TN 38122 -
Cynthia E Scales - Allstate
4735 Spottswood Ave, Ste 104, Memphis, TN 38117 -
Blake Sims - GEICO
4726 Poplar Ave., Suite 4, Memphis, TN 38117 -
Tyler Little - State Farm
4741 Poplar Avenue, Memphis, TN 38117 -
GEICO
TN -
AAA Insurance
TN -
Erie Insurance
4934 William Arnold Road, Memphis, TN 38117 -
Dianne Fitzgerald Cox - Allstate
837 Mount Moriah Rd, Memphis, TN 38117 -
State Farm
TN -
Jay Beard - Allstate
5050 Poplar Ave, Ste 620, Memphis, TN 38157 -
Matthew Gant - State Farm
5079 Park Avenue, Memphis, TN 38117 -
James E Hubbard - Farmers Insurance
5118 Park Ave, Memphis, TN 38117 -
Kathy Thurmond Edwards - State Farm
680 West Brookhaven Circle, Memphis, TN 38117 -
Realis Sanders - Allstate
2650 Thousnd Oks Blvd, Ste 1310, Memphis, TN 38118 -
Erie Insurance
5165 Poplar Avenue, Memphis, TN 38117 -
Rick Osborn - State Farm
5180 Park Avenue, Suite 125, Memphis, TN 38119 -
Warren Hodges - State Farm
5170 Sanderlin Avenue, Suite 204, Memphis, TN 38117 -
Katrina Y Miles - Farmers Insurance
565 S Danny Thomas Blvd, Memphis, TN 38126 -
Danny Smith - Allstate
3182 S Perkins Rd, Memphis, TN 38118 -
Autoplan Auto Insurance
813 South B. B. King Boulevard, Memphis, TN 38106 -
Tim Grommersch - State Farm
1000 Reddoch Cv, Memphis, TN 38119 -
Jacqueline R Lamar - Farmers Insurance
5500 Poplar Ave, Memphis, TN 38119 -
State Farm
TN -
icover Insurance
231 Exchange Avenue, Memphis, TN 38103 -
Ray Morphis Insurance
119 South Court Avenue, Memphis, TN 38103 -
Wesley Channels - State Farm
855 Ridge Lake Blvd, Suite 302, Memphis, TN 38120 -
Nedia Brassell - Allstate
1255A Lynnfield St, Ste 111, Memphis, TN 38119 -
Freeway Insurance
5724 Mt Moriah Rd, Memphis, TN 38115 -
Erie Insurance
5900 Poplar Avenue, Memphis, TN 38119 -
Elliott Properties and Insurance Services
5774 Rayben Circle, Memphis, TN 38115 -
Michelle Hayes Thomas - Allstate
1030 E Raines Rd, Memphis, TN 38116 -
State Farm
TN -
Rozina Sohani - Farmers Insurance
6263 Poplar Ave, Memphis, TN 38119
Map © Google. Office list: © OpenStreetMap contributors (ODbL 1.0) - https://www.openstreetmap.org/copyright; All The Places (alltheplaces.xyz), data released under the CC-0 waiver; run 2026-09-19-13-32-18. OSM license. Listings are informational and may be out of date.
Insurance cost of popular cars in Memphis
| Model | Segment | Est. full coverage / yr | vs. average car |
|---|---|---|---|
| Honda CR-V | Small SUV | $1,035 | −25% |
| Subaru Outback | Wagon | $1,035 | −25% |
| Tesla Model 3 | Midsize car | $1,470 | +6% |
| Subaru Forester | Small SUV | $1,010 | −27% |
| Honda Civic | Compact car | $1,575 | +14% |
| Toyota Corolla | Compact car | $1,470 | +6% |
| Jeep Wrangler | Midsize SUV | $1,130 | −18% |
| Mazda CX-5 | Small SUV | $1,165 | −16% |
| MINI Cooper | Subcompact car | $1,045 | −25% |
| Tesla Model Y | Midsize SUV | $1,325 | −4% |
More car insurance topics in Memphis
Car insurance in nearby Tennessee cities
- Jackson $1,305/yr · 74 mi
- Clarksville $1,455/yr · 178 mi
- Franklin $1,415/yr · 184 mi
- Nashville $1,415/yr · 193 mi
- Murfreesboro $1,480/yr · 206 mi
- Chattanooga $1,325/yr · 267 mi
- Knoxville $1,375/yr · 344 mi
- Kingsport $1,305/yr · 427 mi
- Johnson City $1,330/yr · 434 mi
All Tennessee cities and state rules · Homeowners insurance in Memphis
Frequently asked questions
How much is car insurance in Memphis, TN?
We estimate full coverage in Memphis at about $1,385 a year ($116 a month) for a driver in their 30s with a clean record, and about $475 for Tennessee's minimum liability coverage. Real quotes vary by insurer, driver and vehicle.
Why is car insurance in Memphis more expensive than the Tennessee average?
Our Memphis estimate is 5% higher than the statewide figure. The model reflects a population density of 2,108 people per square mile (the typical Tennessee resident lives at about 410) and an average commute of 21.1 minutes versus 25.7 statewide. Denser traffic and longer drives mean more claims, which insurers price into local rates.
What car insurance is required in Memphis?
Drivers in Memphis follow Tennessee law: at least 25/50/25 liability coverage.
Which ZIP code in Memphis has the cheapest car insurance?
Among Memphis's 25 ZIP codes, 38120 has the lowest estimate (about $1,315 a year for full coverage) and 38122 the highest (about $1,485), mainly because of differences in density and commute times.
How much is car insurance for a teenager in Memphis?
An 18-year-old with their own full-coverage policy would pay around $3,810 a year in Memphis by our estimate ($1,305 for minimum coverage). Adding a teen to a parent's policy is usually cheaper.
Does weather affect car insurance in Memphis?
Yes. FEMA's National Risk Index rates Shelby County for inland (river) flooding (relatively high) and tornado (very high) risk. Weather mainly affects the comprehensive part of a policy, which pays for hail, flood and wind damage.
Are there car insurance agents near me in Memphis?
We list 110 insurance offices in and around Memphis, with addresses, phone numbers where published, and directions. We don't sell insurance or rank these offices.
How we estimate this
We start from the state's average liability, collision and comprehensive premiums published by the NAIC, then apply a location factor (population density and commute time from the Census ACS, weather hazard scores from FEMA's National Risk Index), a vehicle factor (HLDI insurance-loss data where available, otherwise vehicle segment), and a driver-profile multiplier. Results are rounded ranges for comparison, not quotes. Read the full methodology.
- Tennessee Department of Revenue: Financial Responsibility Law
- Tennessee Department of Safety: Do I need SR-22 Insurance?
- NAIC 2022/2023 Auto Insurance Database Report, Table 41 (liability limits history)
- Tennessee Insurance: File an Insurance Complaint
- NAIC Homeowners Insurance Report: Data for 2023
- Insurance Research Council uninsured motorist estimates (via Triple-I)
- IIHS Fatality Facts: state by state
- FBI Crime Data Explorer: Crime in the United States 2025 (Table 4)
- NICB 2022 Vehicle Theft Data: top 10 stolen vehicles by state
- FHWA Highway Statistics 2024, Table DL-1C (licensed drivers)
- FHWA Highway Statistics 2024, Table MV-1 (registrations)
- FHWA Highway Statistics 2024, Table VM-2 (vehicle-miles traveled)
- U.S. Census Bureau Vintage 2024 population estimates
- U.S. Census Bureau, American Community Survey 5-year estimates (Memphis and ZIP code tabulation areas)
- U.S. Census Bureau population estimates and Gazetteer files
- FEMA National Risk Index (county hazard ratings)
- Insurance office locations: OpenStreetMap contributors and All The Places