Tennessee Auto Insurance
You are required by law to have a minimum amount of Tennessee auto insurance in order to legally drive. This insurance is known as liability insurance and it covers injuries to third parties when you are found liable for an accident. this liability insurance can be broken down into two types:
- Bodily Injury Liability Insurance
This insurance covers injuries and medical expenses to third parties up to a maximum amount. This maximum amount is determined in your policy and must be equal to or greater then the state minimum. in Tennessee this minimum is $25,000 per person and $50,000 per accident. You can increase this amount and it is recommended to do so, as any amount over your maximum liability will be your responsibility to pay.
Remember that this does not cover your injuries or medical expenses. For that coverage some form of medical coverage is required.
- Property Damage Liability Insurance
This insurance covers all property damage(usually the third parties car) that occurs when you are found at fault for an accident. It does not cover damages to your car! For that coverage
comprehensive or collision coverage
is required. The minimum amount of property damage insurance required is $10,000, and it is recommended to increase this amount as any dmages over you liability amount will be your responsibility to cover.
Raising your libaility amount will increase your auto insurance premiums. To determine the amount of this increase, get an online
Tennessee auto insurance quote.
This will compare all insurance companies in Tennessee and find the lowest prices. This small increase is worth it, as you don't want to be on the hook for several thousand dollats if you are involved in a major accident that is above your liability limits.
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