Cheapest Car Insurance Quotes in Collierville

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Collierville Car Insurance

^$ 27

/mo

Written by Sara Sam

Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with Way.

Table of Contents

How Much Is Car Insurance in Collierville

The car insurance rate in Collierville is $1036 for a six-month policy, which is $158 higher than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $505, making it a popular choice for budget-conscious drivers. Rates in Collierville can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in Collierville

$1036

Avg. Car Insurance in Tennessee

$878

National Average

$1278

Cheapest Car Insurance Companies in Collierville

1st place: AutoOwners Insurance Co

At $505 for a six month policy, AutoOwners Insurance Co offers the cheapest auto insurance rates in the city.

2nd place: Westfield

Westfield offers auto insurance rates at $532 for a six-month policy, making it one of the cheapest to insure with.

3rd place: Tennessee Farm Bureau

Tennessee Farm Bureau offers auto insurance rates at $568 for six months, making it the third cheapest auto insurance company in Collierville.

Collierville Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Collierville, TN is AutoOwners Insurance Co, offering policies at just $505 for a six-month term. This is followed by Westfield, which has an average six-month premium of $532.

At the higher end of the spectrum, Allstate is the most expensive, with rates reaching $1703 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Collierville drivers find the best deals.

Cheap Car Insurance Companies in Collierville, TN

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Auto-Owners Insurance Co	$505	$86
Westfield	$532	$89
Tennessee Farm Bureau	$568	$97
Erie	$792	$133
Travelers	$827	$139
USAA	$897	$151
Grange	$975	$164
Farm Bureau of Tennessee	$1009	$169
Auto-Owners	$1037	$176
Farmers	$1121	$189
Tennessee Farmers	$1128	$192
Penn National	$1220	$203
Nationwide	$1352	$230
State Farm	$1366	$230
Progressive	$1556	$262
Allstate	$1703	$284

Key Takeaways

Way's key takeaways about car insurance in Collierville

The auto insurance costs in Collierville fall around $505 for six months.
The cheapest auto insurance company in Collierville is Westfield.
Teen drivers pay the highest rate in Collierville at $1061 per month.

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Cheapest Minimum Liability Car Insurance in Collierville

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Collierville are given below.

Westfield provides the cheapest minimum car insurance coverage in Collierville. Their Average 6 Month Premium is $162. Allstate is the most expensive at $568 for the same period.

Cheapest Liability Coverage in Collierville, TN

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$162	$27
Auto-Owners Insurance Co	$189	$32
Tennessee Farm Bureau	$196	$33
Farm Bureau of Tennessee	$203	$34
Tennessee Farmers	$231	$39
USAA	$231	$39
Cincinnati	$238	$40
Erie	$267	$45
Travelers	$267	$45
Penn National	$288	$48
Auto-Owners	$301	$51
Farmers	$329	$55
State Farm	$343	$58
Progressive	$386	$65
Allstate	$568	$96

Cheapest Full Coverage Car Insurance in Collierville

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Collierville is AutoOwners Insurance Co at $86 per month and $505 for six months.

Cheapest Full Coverage Car Insurance Quotes in Collierville, TN

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Auto-Owners Insurance Co	$505	$86
Westfield	$532	$89
Tennessee Farm Bureau	$568	$97
Erie	$792	$133
Travelers	$827	$139
USAA	$897	$151
Grange	$975	$164
Farm Bureau of Tennessee	$1009	$169
Auto-Owners	$1037	$176
Farmers	$1121	$189
Tennessee Farmers	$1128	$192
Penn National	$1220	$203
Nationwide	$1352	$230
State Farm	$1366	$230
Progressive	$1556	$262
Allstate	$1703	$284

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Average Car Insurance in Collierville by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in Collierville, TN increasing?

Despite maintaining a clean driving record, your car insurance rates in Collierville, Tennessee, may be increasing due to several external factors. Tennessee has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, Collierville's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Collierville

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.

Cheapest Car Insurance Companies Based on Age Group

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Cheapest Car Insurance Rates for Teen Drivers in Collierville,TN

If you are planning to get a car insurance policy for your teenage dependent, Westfield provides the cheapest car insurance in the Collierville at $32 per month. At $6239 for a six-month premium, Allstate offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$189	$32
Tennessee Farm Bureau	$267	$45
Auto-Owners Insurance Co	$281	$47
Grange	$301	$51
Cincinnati	$308	$52
Erie	$1037	$175
USAA	$1037	$175
Travelers	$1094	$184
State Farm	$1654	$278
Farmers	$1893	$319
Progressive	$2797	$471
Auto-Owners	$3595	$599
Allstate	$6239	$1061

Teen Car Insurance Rates in TN by Age

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in Collierville, Tennessee Farm Bureau is the cheapest car insurance provider. At $224 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Collierville is State Farm, offering rates of around $5874 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Tennessee Farm Bureau	$224	$38
Westfield	$294	$50
Grange	$350	$59
Cincinnati	$413	$71
Travelers	$1051	$177
Farmers	$1213	$204
USAA	$1240	$207
Progressive	$1395	$235
Erie	$1423	$240
Auto-Owners	$2741	$466
Allstate	$2965	$494
State Farm	$5874	$998

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Save up to $971/yr on car insurance rates in Collierville.

Car Insurance Rates with An Accident in Collierville

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Collierville, TN, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Collierville

The cheapest car insurance companies after an at-fault accident in Collierville include Tennessee Farm Bureau and Farm Bureau of Tennessee, offering $196 and $203, respectively. Allstate is an expensive provider with an average six-month premium of $3400.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Tennessee Farm Bureau	$196	$33
Farm Bureau of Tennessee	$203	$34
Westfield	$274	$46
Auto-Owners Insurance Co	$350	$60
Grange	$379	$63
Travelers	$582	$98
Erie	$638	$107
USAA	$651	$110
State Farm	$694	$117
Farmers	$792	$133
Progressive	$1213	$204
Auto-Owners	$1766	$301
Allstate	$3400	$566

Collierville Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Collierville TN. For example, the car insurance in Collierville after a DUI increases to $1170 for a six month policy. While the rate increases by $224 for a six-month policy in the case of a speeding ticket.

Collierville auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$1171	$195
Not-at-fault accident	$1178	$201
One Med/PIP claim	$1185	$197
One comp claim	$1199	$204
Two comp claims	$1213	$202
Two Med/PIP claims	$1213	$207
Failure to wear a seat belt	$1345	$224
Failure to show documents	$1366	$232
Child safety restraint	$1374	$229
Driving without lights	$1374	$234
Cell phone violation	$1395	$232
Driving with expired registration	$1395	$237
Speeding 6 - 10 MPH over limit	$1395	$232
Driving too slowly	$1402	$238
Speeding 11 - 15 MPH over limit	$1402	$234
Speeding in school zone	$1402	$238
Failure to yield	$1409	$235
Following too closely	$1409	$240
Illegal turn	$1409	$235
Speeding 16 - 20 MPH over limit	$1409	$240
Texting while driving	$1409	$235
Improper passing	$1423	$242
Wrong way/wrong lane	$1423	$237
Failure to stop at a red light	$1430	$243
In 65 MPH zone	$1451	$242
Speeding 21 - 25 MPH over limit	$1486	$253
At-fault accident - less than $1000	$1507	$251
Passing school bus	$1507	$256
Operating a vehicle without permission	$1598	$267
Open container	$1612	$274
At-fault accident - $1000-$2000	$1738	$290
At-fault accident - greater than $2000	$1738	$295
Reckless driving	$2194	$366
Racing	$2201	$374
Driving with a suspended license	$2257	$376
Refusal to submit to a chemical test	$2299	$391
DUI	$2341	$391
Leaving scene of an accident/hit and run	$2341	$398

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Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in Collierville after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Collierville.

The cheapest car insurance premiums in Collierville are offered by Tennessee Farm Bureau at $308 for a six-month policy. However, it can be as expensive as $2467 with companies like AutoOwners.

Collierville car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Tennessee Farm Bureau	$308	$52
Grange	$477	$79
Travelers	$813	$137
Farmers	$932	$157
USAA	$1108	$186
Erie	$1149	$194
Progressive	$1156	$195
Tennessee Farmers	$1359	$227
State Farm	$1374	$231
Allstate	$2110	$355
Auto-Owners	$2467	$420

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Collierville are offered by Westfield at $189. However, it can be as expensive as $2489 with companies like Allstate for a similar six-month premium.

Cheapest Car Insurance in Collierville after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Westfield	$189	$32
Tennessee Farm Bureau	$196	$33
Auto-Owners Insurance Co	$274	$46
Cincinnati	$288	$48
Chubb	$315	$53
Erie	$680	$114
Travelers	$806	$136
USAA	$827	$140
State Farm	$897	$151
Auto-Owners	$1037	$176
Progressive	$1297	$218
Farmers	$1766	$301
Allstate	$2489	$414

Car Insurance Price Trends in Collierville, Tennessee

Car insurance rates in Collierville have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the Collierville rose by $205 in January compared to $113 of December. In other words, there has been an increase by $92 when you compare January and December.

The average cost of liability insurance in the Collierville rose to $50 in January, compared to $44 in December. This represents an increase of $6 when comparing January and December.

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Frequently Asked Questions

How much is car insurance in Collierville?

The car insurance in Collierville is $27 per month, which is lower than the national average.

What is the cheapest car insurance in Collierville?

The cheapest car insurance in Collierville is $86 per month for full coverage.

How much is car insurance in Collierville for teenagers?

Car insurance for teenagers costs $189 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in Collierville?

The average cost of car insurance is $878 for a six-month policy. It will cost around $175 per month to insure your car in Collierville.

Is car insurance expensive in Collierville?

Car insurance can be expensive in Collierville if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Collierville can be affordable.

Cheapest Car Insurance Quotes in Collierville

Why you can trust Way?

How Much Is Car Insurance in Collierville

Avg. Car Insurance in Collierville

Avg. Car Insurance in Tennessee

National Average

Cheapest Car Insurance Companies in Collierville

1st place: AutoOwners Insurance Co

2nd place: Westfield

3rd place: Tennessee Farm Bureau

Collierville Car Insurance Rates by Company

Cheap Car Insurance Companies in Collierville, TN

Way's key takeaways about car insurance in Collierville

High Rates Shouldn’t Drive You Out of Pocket.

Cheapest Minimum Liability Car Insurance in Collierville

Cheapest Liability Coverage in Collierville, TN

Cheapest Full Coverage Car Insurance in Collierville

Cheapest Full Coverage Car Insurance Quotes in Collierville, TN

Don't Let Hidden Costs Drive You Crazy

Average Car Insurance in Collierville by Rating Factor

I have a clean driving record. Why is my car insurance rate here in Collierville, TN increasing?

Car Insurance Premiums by Age in Collierville

Cheapest Car Insurance Companies Based on Age Group

Cheapest Car Insurance Rates for Teen Drivers in Collierville,TN

If you are in your twenties N/A is the best choice for car insurance in Collierville.

Car Insurance Rates by Credit Score & Driving History

Cheapest Car Insurance Companies for Bad Credit

Escape the Trap of Rising Insurance Costs.

Car Insurance Rates with An Accident in Collierville

Cheapest Car Insurance Companies after an At-Fault Accident in Collierville

Collierville Car Insurance Rates by Violation

Collierville auto insurance quotes by violations

Your Wallet Deserves Better. Seriously.

Avoid Having A DUI On Your Driving Record.

Car Insurance Rates in Collierville after a DUI

Collierville car insurance quotes with a DUI

Cheapest car insurance after a speeding ticket

Cheapest Car Insurance in Collierville after Speeding ticket

Car Insurance Price Trends in Collierville, Tennessee

Average Car Insurance Cost in Collierville by ZIP Code

Frequently Asked Questions

Tired of Insane Auto Insurance Bills? Us Too!

Find Car Insurance Rates in Cities Near Collierville, TN

Car Insurance Rates by State in the USA (2025 Update)

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