Compare Memphis, FL Car Insurance Rates (2021)

Car insurance in Memphis, FL averages $386 a month. Memphis, Florida car insurance requirements are 10/20/10, but you might need full coverage insurance if your car is financed. To find cheap Memphis car insurance rates, compare quotes from the top car insurance companies in Memphis, FL.

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Zaneta Wood, Ed.S. has over 15 years of experience in research and technical writing bringing a keen understanding of data analysis and information synthesis to reach a wide variety of audiences. She studied adult education and instructional technology at Appalachian State University as well as technical and professional communication at East Carolina University. Zaneta has prepared technical p...

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Joel Ohman is the CEO of a private equity backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Jo...

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Reviewed by Joel Ohman
Founder & CFP®

UPDATED: Jun 23, 2021

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Here's What You Need to Know

  • The cheapest car insurance company in Memphis is State Farm
  • Average car insurance rates in Memphis, FL are $4,632/year
  • The cheapest car insurance company in Memphis for teen drivers is State Farm

If you need to buy Memphis, Florida car insurance, the options can be confusing. Everything you need to know about car insurance in Memphis, FL is right here.

You’ll find Memphis car insurance rates, the cheapest Memphis, FL car insurance companies, and information on Florida car insurance laws. You can also compare Memphis, Florida car insurance rates to St. Petersburg car insurance rates, Cape Coral car insurance rates, and Jacksonville car insurance rates.

Ready to find affordable Memphis, FL car insurance today? Enter your ZIP code for fast, free Memphis car insurance quotes.

Cheapest Memphis, FL Car Insurance Rates By Age, Gender, and Marital Status

How do age, gender, and marital status affect Memphis, FL car insurance rates? Every Memphis, Florida car insurance company weighs these factors differently, so check out the comparison rates.

Annual Car 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

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Minimum Car Insurance in Memphis, FL

Every driver must carry the minimum car insurance in Memphis, FL. Take a look at the Florida car insurance requirements.

Minimum Required Car 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

Cheapest Memphis, FL Car Insurance Rates by Credit Score

Your credit affects car insurance costs in Memphis, FL. Compare credit history car insurance rates in Memphis from top companies for good, fair, and poor credit.

Annual Car 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

Cheapest Memphis, FL Car Insurance Rates by Driving Record

Your driving record is one of the biggest factors affecting car insurance costs. Compare bad driving record car insurance rates in Memphis, FL to rates for a clean record with top companies.

Annual Memphis, Florida Car 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

Cheapest Memphis, FL Car Insurance for Teen Drivers

Teen car insurance in Memphis, FL can be expensive. Take a look at rates from the top car insurance companies in Memphis for teenagers.

Annual Car 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

Cheapest Memphis, FL Car Insurance for Seniors

Take a look at Memphis, FL senior car insurance rates from top companies. Shopping around can make a big difference for senior drivers.

Annual Car 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

Cheapest Memphis, FL Car Insurance Rates After a DUI

A DUI in Memphis, FL increases car insurance rates. Compare Memphis, Florida DUI car insurance by company to find the cheapest option.

Annual Car Insurance Rates After a DUI in Memphis, Florida

Insurance Company Annual Car 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

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Cheapest Memphis, FL Car Insurance Rates by Commute Length

How does how far you drive affect car insurance rates in Memphis, FL by commute? Take a look at a comparison of the top companies by commute length.

Annual Car Insurance Rates by Commute Length in Memphis, Florida

Insurance Company 10 Mile Commute, 6,000 Annual Mileage 25 Mile Commute, 12,000 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

The Best Cheap Car Insurance Companies in Memphis, FL

Take a look at a side-by-side comparison of the top car insurance companies in Memphis, FL to find the best option for your needs.

Average Annual Car 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

Category Winners: Cheapest Car Insurance in Memphis, Florida

Find the cheapest car insurance companies in Memphis, FL for each category right here.

Best Annual Car 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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Cheapest Memphis, FL Car Insurance Rates by Coverage Level

How much coverage you choose will have an impact on your Memphis car insurance rates. Find the cheapest Memphis, FL car insurance rates by coverage level.

Annual Car 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

What affects car insurance rates in Memphis, Florida?

What factors can have an impact on Memphis, FL car insurance? There are several reasons why Memphis car insurance may be different from surrounding cities. Take a look at what affects car insurance rates in Memphis, Florida.

Commute Time in Memphis

The more time you spend in your car the higher the risk of an accident. The average commute length in Memphis, FL is 25.7 minutes according to City-Data.

Traffic in Memphis

Traffic and commute times go hand in hand, with more traffic meaning more time on the road. Memphis, FL traffic data from INRIX ranks Memphis as the 626th-most congested in the world.

Compare Car Insurance Quotes in Memphis, FL

Ready to find affordable Memphis, Florida car insurance today? Enter your ZIP code for fast, free Memphis, FL car insurance quotes.

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Average Monthly Car Insurance Rates by State