Best Cheap Auto Insurance in Memphis, FL (2021)

The average Memphis, FL auto insurance rates are $386 per month. The minimum auto insurance in Memphis is at least 10/20/10 in coverage to comply with Florida auto insurance laws. To find the best cheap auto insurance in Memphis, Florida, compare quotes from multiple companies.

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Leslie Kasperowicz holds a BA in Social Sciences from the University of Winnipeg. She spent several years as a Farmers Insurance CSR, gaining a solid understanding of insurance products including home, life, auto, and commercial and working directly with insurance customers to understand their needs. She has since used that knowledge in her more than ten years as a writer, largely in the insuranc...

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Dan Walker graduated with a BS in Administrative Management in 2005 and has been working in his family’s insurance agency, FCI Agency, for 15 years (BBB A+). He is licensed as an agent to write property and casualty insurance, including home, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. He reviews content, ensuring that ex...

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Reviewed by Daniel Walker
Licensed Auto Insurance Agent

UPDATED: May 17, 2021

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Things to Remember

  • The most expensive auto insurance company in Memphis for teen drivers is Allstate
  • The average commute length in Memphis is 25.7 minutes
  • The cheapest auto insurance company in Memphis is State Farm

Memphis, Florida auto insurance requirements are 10/20/10 according to Florida auto insurance laws. Finding cheap auto insurance in Memphis can seem like a difficult task, but all of the information you need is right here. We’ll cover factors that affect auto insurance rates in Memphis, Florida, including driving record, credit, commute time, and more.

Compare auto insurance in Memphis to other Florida cities, including Hialeah auto insurance rates, Cape Coral auto insurance rates, and Orlando auto insurance rates to see how Memphis, Florida auto insurance rates stack up.

Before you buy Memphis, Florida auto insurance, make sure you have compared rates from multiple companies. Enter your ZIP code above to get free Memphis, Florida auto insurance quotes.

Minimum Auto Insurance in Memphis, Florida

Memphis, Florida auto insurance laws require that you have at least the Florida minimum auto insurance to be financially responsible in the event of an accident. Take a look at the required auto insurance in Memphis, Florida.

Minimum Required Auto Insurance Coverage in Memphis, Florida

Liability Insurance Required Minimum Coverage Limits Required
Bodily Injury Liability Coverage $10,000 per person
$20,000 per accident
Property Damage Liability Coverage $10,000 minimum

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Cheap Memphis, Florida Auto Insurance by Age, Gender, and Marital Status

Auto insurance rates in Memphis, Florida are affected by age, gender, and marital status. See how demographics impact the annual cost of insurance.

Annual Auto Insurance Rates by Age, Gender, and Marital Status in Memphis, Florida

Insurance Company Married 35-Year-Old Female Married 35-Year-Old Male Married 60-Year-Old Female Married 60-Year-Old Male Single 17-Year-Old Female Single 17-Year-Old Male Single 25-Year-Old Female Single 25-Year-Old Male
Allstate $5,004 $4,846 $4,417 $4,517 $18,027 $19,855 $5,008 $5,102
GEICO $2,816 $2,831 $2,632 $2,632 $5,046 $6,352 $3,107 $3,159
Liberty Mutual $3,543 $3,543 $3,246 $3,246 $7,499 $11,558 $3,543 $4,810
Nationwide $2,966 $2,928 $2,644 $2,736 $7,197 $8,877 $3,271 $3,407
Progressive $3,787 $3,553 $3,241 $3,471 $10,704 $11,613 $4,537 $4,304
State Farm $1,673 $1,673 $1,519 $1,519 $4,841 $6,149 $1,855 $1,988
USAA $1,626 $1,596 $1,524 $1,507 $5,617 $6,522 $2,027 $2,183

Cheap Memphis, Florida Auto Insurance for Teen Drivers

Finding cheap teen auto insurance in Memphis, Florida is a challenge. Take a look at the annual teen auto insurance rates in Memphis, Florida.

Annual Auto Insurance Rates for Teen Drivers in Memphis, Florida

Insurance Company Single 17-Year-Old Female Single 17-Year-Old Male
Allstate $18,027 $19,855
GEICO $5,046 $6,352
Liberty Mutual $7,499 $11,558
Nationwide $7,197 $8,877
Progressive $10,704 $11,613
State Farm $4,841 $6,149
USAA $5,617 $6,522

Cheap Memphis, Florida Auto Insurance for Seniors

What are senior auto insurance rates in Memphis, Florida? Take a look at the annual average rates for older drivers.

Annual Auto Insurance Rates for Senior Drivers in Memphis, Florida

Insurance Company Married 60-Year-Old Female Married 60-Year-Old Male
Allstate $4,417 $4,517
GEICO $2,632 $2,632
Liberty Mutual $3,246 $3,246
Nationwide $2,644 $2,736
Progressive $3,241 $3,471
State Farm $1,519 $1,519
USAA $1,524 $1,507

Cheap Memphis, Florida Auto Insurance By Driving Record

Driving record has a big impact on your auto insurance rates. See the annual auto insurance rates for a bad record in Memphis, Florida compared to the annual auto insurance rates with a clean record in Memphis, Florida.

Annual Memphis, Florida Auto Insurance Rates by Driving Record

Group Clean Record With 1 Accident With 1 DUI With 1 Speeding Violation
Allstate $7,163 $8,608 $9,632 $7,986
GEICO $2,488 $3,180 $4,734 $3,886
Liberty Mutual $3,679 $4,793 $6,979 $5,044
Nationwide $3,625 $3,981 $5,376 $4,031
Progressive $4,456 $6,602 $5,557 $5,989
State Farm $2,426 $2,878 $2,652 $2,652
USAA $2,203 $2,729 $4,059 $2,311

Cheap Memphis, Florida Auto Insurance Rates After a DUI

Finding cheap auto insurance after a DUI in Memphis, Florida is not easy. Compare the annual rates for DUI auto insurance in Memphis, Florida to find the best deal.

Annual Auto Insurance Rates After a DUI in Memphis, Florida

Insurance Company Annual Auto Insurance Rates With a DUI
Allstate $9,632
GEICO $4,734
Liberty Mutual $6,979
Nationwide $5,376
Progressive $5,557
State Farm $2,652
USAA $4,059

Cheap Memphis, Florida Auto Insurance By Credit History

Credit history can have a major effect on the cost of auto insurance. See how Memphis, Florida annual auto insurance rates by credit history compare.

Annual Auto Insurance Rates by Credit Score in Memphis, Florida

Insurance Company Poor Fair Good
Allstate $11,668 $7,386 $5,987
GEICO $5,204 $3,148 $2,364
Liberty Mutual $6,605 $4,843 $3,923
Nationwide $5,318 $3,906 $3,535
Progressive $7,358 $5,236 $4,360
State Farm $3,621 $2,380 $1,955
USAA $4,574 $2,256 $1,646

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Cheap Memphis, Florida Auto Insurance Rates By Commute

Commute length and annual mileage affect Memphis, Florida auto insurance. Find the cheapest annual Memphis, Florida auto insurance by commute length.

Annual Auto Insurance Rates by Commute Length in Memphis, Florida

Insurance Company 10 Mile Commute, 6000 Annual Mileage 25 Mile Commute, 12000 Annual Mileage
Allstate $8,107 $8,587
GEICO $3,554 $3,590
Liberty Mutual $4,957 $5,290
Nationwide $4,253 $4,253
Progressive $5,651 $5,651
State Farm $2,562 $2,742
USAA $2,793 $2,857

Cheap Memphis, Florida Auto Insurance Rates By Coverage Level

How much does the coverage level you select affect the cost of your auto insurance in Memphis, Florida? Check out the comparison of annual Memphis, Florida auto insurance rates by coverage level.

Annual Auto Insurance Rates by Coverage Level in Memphis, Florida

Insurance Company Low Medium High
Allstate $6,081 $8,859 $10,100
GEICO $2,931 $3,697 $4,087
Liberty Mutual $4,688 $5,206 $5,476
Nationwide $3,336 $4,425 $4,999
Progressive $4,705 $5,788 $6,461
State Farm $2,282 $2,713 $2,962
USAA $2,418 $2,931 $3,127

Best By Category: Cheapest Auto Insurance in Memphis, Florida

Compare the cheapest auto insurance companies in Memphis, Florida in each category to find the company with the best rates for your personal needs.

Best Annual Auto Insurance Rates by Company in Memphis, Florida

Category Insurance Company
Teenagers State Farm
Seniors USAA
Clean Record USAA
With 1 Accident USAA
With 1 DUI State Farm
With 1 Speeding Violation USAA

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The Cheapest Memphis, Florida Auto Insurance Companies

What auto insurance companies in Memphis, Florida are the cheapest? Compare the top Memphis, Florida auto insurance companies to find the best annual rates.

Average Annual Auto Insurance Rates by Company in Memphis, Florida

Insurance Company Average Annual Rates
Allstate $8,347
GEICO $3,572
Liberty Mutual $5,123
Nationwide $4,253
Progressive $5,651
State Farm $2,652
USAA $2,825

What affects auto insurance rates in Memphis, Florida?

There are a lot of reasons why auto insurance rates in Memphis, Florida are higher or lower than in other cities. These include traffic and the number of vehicle thefts in Memphis, Florida. Many local factors may affect your Memphis auto insurance rates.

Memphis Commute Time

Cities in which drivers have a longer average commute time tend to have higher auto insurance costs. The average Memphis, Florida commute length is 25.7 minutes according to City-Data.

Memphis Traffic

How does Memphis, Florida rank for traffic? According to Inrix Memphis, Florida is the 626th most congested worldwide.

Compare Memphis, Florida Auto Insurance Quotes

Before you buy Memphis, Florida auto insurance, make sure you have compared rates from multiple companies. Enter your ZIP code below to get free Memphis, Florida auto insurance quotes.

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

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