Motorcycle Insurance in Tennessee: The Cheapest Quotes and Best Companies

To find the lowest and cheapest motorcycle insurance rates in Tennessee, riders can look at liability-only policies. Note, however, that this coverage only provides the minimum insurance protection mandated by Tennessee motorcycle insurance laws and requirements.

Bear in mind that these policies will not cover the fees needed to repair your vehicle or pay for personal bodily injuries in accidents if you are the cause of the accident. You will have to rely on the other party's insurance policy — which leaves you at risk. For maximum security and protection, MoneyGeek encourages riders to go for a full coverage policy instead.

In the analysis below, MoneyGeek has given an in-depth explanation of the cheapest liability-only coverage using a sample profile of a Tennessee biker who wants a standard 50/100/25 coverage.

MoneyGeek found that these two insurers provide the lowest average cost of motorcycle insurance in Tennessee:

• Markel: $50 per year
• GEICO: $70 per year

On the other hand, Dairyland charges the highest annual premiums for liability-only coverage policies. The gap shows that Markel has 59.02% lower rates than Dairyland. To ensure that you always get the best rates and fees, remember to ask for as many motorcycle insurance quotes in Tennessee as possible when comparing policies.

We encourage bikers to opt for a full-coverage insurance policy to guarantee maximum protection and security, which includes comprehensive and collision coverages. The former assists with non-collision accidents, while the latter provides protection and financial assistance during collision accidents where the policy owner is at fault.

Most lenders require riders to get a full coverage insurance policy to qualify for a motorcycle loan. The same rule applies to riders who need to renew their insurance policy but still have ongoing monthly payments.

MoneyGeek details the lowest full coverage policy premiums using a sample profile of a Tennessee biker with a good driving history. The policy comes with a 50/100/25 coverage and a $500 deductible.

• Dairyland: $226 per year
• Progressive: $271 per year

Nationwide provides the highest full coverage rates at a staggering $705. The vast difference between the two indicates that Dairyland charges 67.94% lower than Nationwide does.

To give readers a more accurate estimate of how much motorcycle insurance costs, we have compiled the average rates in the state using varying sample rider profiles.

Remember: the average cost of motorcycle insurance in Tennessee depends on multiple factors that include, but are not limited to, the applicant’s bike model, declared coverage amount, driving record, riding experience and age.

Riders who opt for liability-only coverages would have to set aside a meager premium of $89 annually or $7.50 per month. This amount is $52 or 36.88% cheaper than the national average of $141.

However, liability-only policies provide limited protection. Policy owners cannot claim assistance for vehicular repairs or personal bodily injury hospitalization fees in accidents where they are at fault. Those who want to extend their protection and insurance can look at full-coverage plans.

The average annual premiums for a full-coverage policy costs $411, or roughly $12 per month. Meanwhile, the national average is $364, indicating that the rates in Tennessee are higher by $47 or 12.91%.

The average Tennessee premium rates were based on $50,000/$100,000 bodily injury coverage, $25,000 in property damage and a $500 deductible for personal injury protection and uninsured motorist coverage.

MoneyGeek understands that you need to consider multiple factors when shopping for the best motorcycle insurance in Tennessee. It’s important to find a policy that addresses your needs and matches your lifestyle.

To help readers find the best insurance for their needs, MoneyGeek has narrowed down the top providers in the state. The rankings were determined based on motorcycle quote data unique to Tennessee, product offerings and selection, service and financial stability.

After going through all individual offers in the state, MoneyGeek found that Progressive meets all the criteria necessary to be dubbed the best insurer in the state of Tennessee.

Bikers can request motorcycle insurance quotes in Tennessee provided they have the following information available:

• Tennessee address and ZIP code
• Personal information, including age, experience level and riding record
• Motorcycle make, model and year
• Insurance coverage elections (see below information)

Do not underestimate your coverage needs just to get lower premiums. In Tennessee, motorcycle insurance laws and requirements mandate that bikers need to carry a specific amount of insurance coverage. This includes:

• $25,000 per-person bodily injury liability (BI)
• $50,000 per-accident bodily injury liability
• $15,000 property damage liability (PD)

Tennessee requires bikers to carry minimum liability-only coverage of 25/50/15. This amount translates to $25,000 worth of per-person bodily injury liability limits, $50,000 worth of per-accident bodily injury liability and $15,000 worth of property damage liability.

Tennessee only requires bikers to carry liability-only coverage of 25/50/15, so the law does not mandate bikers to get uninsured motorist (UM), underinsured motorist (UIM) and personal injury protection (PIP) coverage.

We have answers to some of the most frequently asked questions you may have when shopping for motorcycle insurance in Tennessee.

MoneyGeek gathered motorcycle insurance quotes in Tennessee from six insurers in the area to help bikers find the rates and coverages that suit them best.

Since premiums vary based on an applicant’s insurability, MoneyGeek used multiple sample rider profiles. That way, readers can get a clear idea of how much they would have to pay for motorcycle insurance rates in Tennessee based on their general needs and preferences.

The top three insurers mentioned in this article were chosen based on the following criteria: policy cost in Tennessee (60% weighting), product offerings and service (30% weighting) and financial stability metrics from AM Best (10% weighting).

Recent Tennessee motorcycle insurance laws and requirements were sourced from state DMV and government websites that contain updated, relevant and legally correct information.