- The average cost of car insurance in Memphis is 20.6% more than the national average rate of $1,685.
- Memphis auto insurance costs an average of $394 per year more than the Tennessee state average rate and $387 per year more than the rate average for the entire United States.
- Monthly car insurance rates for a few popular vehicles in Memphis include the Hyundai Elantra at $189, Toyota Highlander at $173, and Nissan Altima at $184.
- For cheap car insurance in Memphis, SUV models like the Chevrolet Trailblazer, Subaru Crosstrek, and Nissan Kicks cost less than most other makes and models.
How much does car insurance cost in Memphis?
Average car insurance cost in Memphis is $2,072 per year, which is 20.6% more than the U.S. average rate of $1,685. Average car insurance cost per month in Memphis is $173 for a policy that provides full coverage.
The average car insurance cost in Tennessee is $1,678 per year, so Memphis drivers pay an average of $394 more per year than the overall Tennessee state-wide average rate. When compared to other cities in Tennessee, the cost to insure a car in Memphis is approximately $342 per year more than in Nashville, $400 per year more expensive than in Clarksville, and $386 per year more than in Knoxville.
The chart below shows examples of average Memphis auto insurance cost broken out for a variety of driver ages, policy deductibles, and driver risk scenarios. Rates are averaged for all 2023 model year vehicles including luxury models.
Average rates in the prior chart range from $1,720 per year for a 40-year-old driver who shops around for the cheapest Memphis car insurance rates to $4,710 per year for a 20-year-old driver who has a subpar driving record and has to buy high risk car insurance. The rate used in this article to compare different vehicles or locations is the 40-year-old safe driver rate, which has an average cost of $2,072 per year.
As a monthly expense, average car insurance cost in Memphis ranges from $143 to $393 for the same deductible limits and driver ages shown in the prior chart.
Memphis car insurance rates vary considerably and can also be significantly different between companies. The potential for large premium differences emphasizes the need for accurate auto insurance quotes when shopping for the cheapest car insurance in Memphis.
The age of the rated driver is one of the largest factors in the price of auto insurance. The list below illustrates this point by breaking down average car insurance rates in Memphis depending on driver age.
Average car insurance cost for Memphis drivers age 16 to 60
- 16-year-old rated driver – $7,426 per year or $619 per month
- 17-year-old rated driver – $6,942 per year or $579 per month
- 18-year-old rated driver – $6,486 per year or $541 per month
- 19-year-old rated driver – $5,870 per year or $489 per month
- 20-year-old rated driver – $4,124 per year or $344 per month
- 30-year-old rated driver – $2,184 per year or $182 per month
- 40-year-old rated driver – $2,072 per year or $173 per month
- 50-year-old rated driver – $1,888 per year or $157 per month
- 60-year-old rated driver – $1,854 per year or $155 per month
The rates in the list above for teen drivers were based on the driver being male. The chart below goes into more detail regarding the cost of insuring teen drivers and illustrates average teen driver rates in Memphis by gender. Females generally have cheaper auto insurance rates, especially as teenagers.
Car insurance for a 16-year-old female in Memphis costs an average of $890 less per year than the cost for a 16-year-old male, while at age 19, the cost difference is less but males still pay an average of $648 more per year.
The cost to insure popular vehicles in Memphis
The car insurance rates mentioned above are averaged for all 2023 vehicle models, which is handy when making overall comparisons such as the cost difference between two locations. Average auto insurance rates are great when presented with a question like “are Memphis car insurance rates cheaper than in Murfreesboro?” or “is car insurance cheaper in Tennessee or Illinois?”.
For more useful auto insurance rate comparisons, however, it makes sense to analyze the exact vehicle being insured. Every model has it’s own risk profile for liability and physical damage claims, and this data allows us to make cost projections and comparisons.
The next list breaks down both annual and monthly average car insurance rates in Memphis for the more popular vehicles. At the end of this article, there is a section that examines car insurance rates for some of these models even more in-depth.
Average annual and monthly car insurance cost for popular models in Memphis
- Hyundai Elantra – $2,668 per year or $222 per month
- Toyota Highlander – $2,458 per year or $205 per month
- Nissan Altima – $2,616 per year or $218 per month
- Jeep Grand Cherokee – $2,608 per year or $217 per month
- Ram Truck – $2,680 per year or $223 per month
- Toyota Corolla – $2,298 per year or $192 per month
- Honda CR-V – $2,086 per year or $174 per month
- Subaru Outback – $2,120 per year or $177 per month
- Chevrolet Equinox – $2,198 per year or $183 per month
- Honda Civic – $2,398 per year or $200 per month
What vehicles have the cheapest car insurance in Memphis?
When comparing rates for all vehicle models, the models with the cheapest average insurance rates in Memphis, TN, tend to be compact SUVs and crossovers like the Subaru Crosstrek, Nissan Kicks, and Nissan Rogue Sport.
Average auto insurance quotes for those small SUVs cost $1,944 or less per year ($162 per month) for a full coverage policy.
A few other vehicles that have low-cost auto insurance rates in the comparison table below are the Chevrolet Colorado, Hyundai Venue, Ford Edge, and Honda HR-V.
Average auto insurance rates are a little bit more for those models than the cheapest compact SUVs that rank near the top, but they still have an average cost of $2,086 or less per year, or $174 per month.
The following table shows the 30 models with the cheapest car insurance in Memphis, sorted by average cost.
| Rank | Make/Model | Annual Cost | Monthly Cost |
|---|---|---|---|
| 1 | Chevrolet Trailblazer | $1,570 | $131 |
| 2 | Subaru Crosstrek | $1,584 | $132 |
| 3 | Nissan Kicks | $1,590 | $133 |
| 4 | Honda Passport | $1,610 | $134 |
| 5 | Nissan Rogue Sport | $1,620 | $135 |
| 6 | Mazda CX-5 | $1,626 | $136 |
| 7 | Buick Encore | $1,654 | $138 |
| 8 | Buick Envision | $1,658 | $138 |
| 9 | Kia Seltos | $1,680 | $140 |
| 10 | Subaru Ascent | $1,684 | $140 |
| 11 | Hyundai Venue | $1,692 | $141 |
| 12 | Subaru Impreza | $1,716 | $143 |
| 13 | Ford Maverick | $1,722 | $144 |
| 14 | Honda HR-V | $1,724 | $144 |
| 15 | Chevrolet Colorado | $1,726 | $144 |
| 16 | Acura RDX | $1,730 | $144 |
| 17 | Hyundai Kona | $1,740 | $145 |
| 18 | Subaru Forester | $1,746 | $146 |
| 19 | Ford Edge | $1,758 | $147 |
| 20 | Honda CR-V | $1,758 | $147 |
| 21 | Mazda CX-30 | $1,762 | $147 |
| 22 | Ford Explorer | $1,766 | $147 |
| 23 | Volkswagen Atlas | $1,770 | $148 |
| 24 | Chevrolet Trax | $1,780 | $148 |
| 25 | Nissan Murano | $1,782 | $149 |
| 26 | Subaru Outback | $1,784 | $149 |
| 27 | Nissan Frontier | $1,790 | $149 |
| 28 | Volkswagen Tiguan | $1,800 | $150 |
| 29 | Ford Bronco Sport | $1,806 | $151 |
| 30 | Fiat 500X | $1,838 | $153 |
A table of 30 vehicle models with cheap Memphis car insurance really is not a great way to present an overall summary of the cost of auto insurance. A more thorough way to look at rates for more vehicles is by breaking them out by automotive segment.
This next section further discusses the cost of car insurance based on automotive segment. This will give you a good idea of the types of vehicles that have the overall cheapest Memphis auto insurance rates. Then the sections after the chart break out and rank the specific models that have the cheapest insurance rates for each automotive segment.
Memphis auto insurance rates by vehicle segment
When shopping for a new or used vehicle, it’s very useful to know which types of vehicles have cheaper car insurance rates. To illustrate this, maybe you’re curious if compact SUVs are cheaper to insure than minivans or if regular SUVs are more affordable to insure than luxury SUVs.
The next chart displays the average car insurance cost in Memphis for each automotive segment. Typically, compact SUVs and midsize pickup trucks have the most affordable average auto insurance rates, while exotic high-performance models have the most expensive overall rates.
Rates by different vehicle segments are precise enough for getting an initial comparison, but cost ranges substantially within each automotive segment listed in the above chart.
For example, in the small luxury car segment, rates range from the Acura Integra costing $1,862 per year for a full coverage policy to the BMW M340i costing $2,532 per year, a difference of $670 within that segment.
Also, in the midsize truck segment, average rates range from the Ford Maverick at $1,722 per year to the Rivian R1T costing $2,580 per year.
In the following sections, we will eliminate a lot of this variability by looking at the cost of car insurance in Memphis for specific vehicles.
Cheapest cars to insure in Memphis
Ranking at the top for the most affordable Memphis auto insurance rates in the non-luxury sedan or hatchback segment are the Subaru Impreza, Volkswagen Jetta, Subaru Legacy, Nissan Sentra, and Toyota Corolla. Auto insurance prices for these 2023 models average $162 or less per month.
Not the cheapest in the list, but still ranking well, are models like the Volkswagen Golf, Mazda 3, Toyota Camry, and Kia K5, with average annual insurance rates of $2,000 per year or less.
Auto insurance in this segment starts at an average of $143 per month, depending on the company.
The rate comparison table below ranks the cars with the cheapest car insurance rates in Memphis, starting with the Subaru Impreza at $1,716 per year ($143 per month) and ending with the Volkswagen Arteon at $2,174 per year ($181 per month).
| Make/Model | Vehicle Size | Annual Cost | Monthly Cost |
|---|---|---|---|
| Subaru Impreza | Compact | $1,716 | $143 |
| Volkswagen Jetta | Compact | $1,894 | $158 |
| Subaru Legacy | Midsize | $1,910 | $159 |
| Nissan Sentra | Compact | $1,924 | $160 |
| Toyota Corolla | Compact | $1,946 | $162 |
| Volkswagen Golf | Compact | $1,950 | $163 |
| Toyota Prius | Compact | $1,956 | $163 |
| Toyota Camry | Midsize | $1,970 | $164 |
| Mazda 3 | Compact | $1,988 | $166 |
| Kia K5 | Midsize | $2,000 | $167 |
| Chevrolet Malibu | Midsize | $2,018 | $168 |
| Chrysler 300 | Full-size | $2,022 | $169 |
| Honda Civic | Compact | $2,030 | $169 |
| Kia Forte | Compact | $2,032 | $169 |
| Mitsubishi Mirage G4 | Compact | $2,044 | $170 |
| Nissan Leaf | Compact | $2,090 | $174 |
| Honda Accord | Midsize | $2,096 | $175 |
| Toyota Crown | Midsize | $2,106 | $176 |
| Tesla Model 3 | Midsize | $2,118 | $177 |
| Volkswagen Arteon | Midsize | $2,174 | $181 |
See our guides for compact car insurance, midsize car insurance, and full-size car insurance to compare rates for all makes and models.
Don’t see insurance rates for your vehicle? That’s no problem! Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get free Memphis car insurance quotes from top companies in Tennessee.
Cheapest SUV insurance rates in Memphis
The four highest ranking SUVs with the most affordable auto insurance rates in Memphis are the Chevrolet Trailblazer at $1,570 per year, Subaru Crosstrek at $1,584 per year, Nissan Kicks at $1,590 per year, and Honda Passport at $1,610 per year.
Not the cheapest in the list, but still ranking well, are SUVs like the Subaru Ascent, Buick Encore, Kia Seltos, and Buick Envision, with average annual insurance rates of $1,684 per year or less.
As a cost per month, full-coverage auto insurance on this segment in Memphis starts at around $131 per month, depending on your company and location.
The lowest-cost non-luxury compact SUV to insure in Memphis is the Chevrolet Trailblazer at $1,570 per year. For midsize SUVs, the Honda Passport is cheapest to insure at $1,610 per year. And for full-size non-luxury SUVs, the Chevrolet Tahoe is most affordable to insure at $1,944 per year.
The rate comparison table below ranks the twenty SUVs with the most affordable average car insurance rates in Memphis, starting with the Chevrolet Trailblazer at $1,570 per year ($131 per month) and ending with the Chevrolet Trax at $1,780 per year ($148 per month).
| Make/Model | Vehicle Size | Annual Cost | Monthly Cost |
|---|---|---|---|
| Chevrolet Trailblazer | Compact | $1,570 | $131 |
| Subaru Crosstrek | Compact | $1,584 | $132 |
| Nissan Kicks | Compact | $1,590 | $133 |
| Honda Passport | Midsize | $1,610 | $134 |
| Nissan Rogue Sport | Compact | $1,620 | $135 |
| Mazda CX-5 | Compact | $1,626 | $136 |
| Buick Encore | Compact | $1,654 | $138 |
| Buick Envision | Compact | $1,658 | $138 |
| Kia Seltos | Compact | $1,680 | $140 |
| Subaru Ascent | Midsize | $1,684 | $140 |
| Hyundai Venue | Compact | $1,692 | $141 |
| Honda HR-V | Compact | $1,724 | $144 |
| Hyundai Kona | Compact | $1,740 | $145 |
| Subaru Forester | Compact | $1,746 | $146 |
| Ford Edge | Midsize | $1,758 | $147 |
| Honda CR-V | Compact | $1,758 | $147 |
| Mazda CX-30 | Compact | $1,762 | $147 |
| Ford Explorer | Midsize | $1,766 | $147 |
| Volkswagen Atlas | Midsize | $1,770 | $148 |
| Chevrolet Trax | Compact | $1,780 | $148 |
See our comprehensive guides for compact SUV insurance, midsize SUV insurance, and full-size SUV insurance to view data for vehicles not featured in the table.
Looking for rates for a different SUV? No sweat! Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free Memphis car insurance quotes from the best companies in Tennessee.
Cheapest luxury cars to insure in Memphis
Ranking #1 in Memphis for cheapest auto insurance in the luxury car segment is the Acura Integra, at an average of $1,862 per year. Second place is the BMW 330i at $2,106 per year, coming in third is the Acura TLX, costing an average of $2,138 per year, and the fourth cheapest is the Cadillac CT4, costing an average of $2,166 per year.
Also ranking well in our comparison are luxury cars like the BMW 330e, Cadillac CT5, BMW 228i, and Lexus ES 350, with an average car insurance cost of $2,254 per year or less.
Additional 2023 models worth mentioning include the Audi A4, Volvo S60, Audi S3, Lexus RC 300, and BMW 230i, which cost between $2,254 and $2,316 per year to insure in Memphis.
As a cost per month, car insurance rates on this segment in Memphis can cost as low as $155 per month, depending on where you live and the company you use.
The comparison table below ranks the cars with the most affordable average car insurance rates in Memphis, starting with the Acura Integra at $1,862 per year ($155 per month) and ending with the Volvo S60 at $2,316 per year ($193 per month).
| Make/Model | Vehicle Size | Annual Cost | Monthly Cost |
|---|---|---|---|
| Acura Integra | Compact | $1,862 | $155 |
| BMW 330i | Compact | $2,106 | $176 |
| Acura TLX | Compact | $2,138 | $178 |
| Cadillac CT4 | Compact | $2,166 | $181 |
| Genesis G70 | Compact | $2,208 | $184 |
| Cadillac CT5 | Midsize | $2,232 | $186 |
| Lexus ES 350 | Midsize | $2,236 | $186 |
| BMW 330e | Compact | $2,242 | $187 |
| Lexus ES 250 | Midsize | $2,250 | $188 |
| BMW 228i | Compact | $2,254 | $188 |
| Lexus RC 300 | Midsize | $2,256 | $188 |
| Mercedes-Benz AMG CLA35 | Midsize | $2,262 | $189 |
| Audi A3 | Midsize | $2,266 | $189 |
| BMW 230i | Compact | $2,270 | $189 |
| Mercedes-Benz C300 | Compact | $2,288 | $191 |
| Audi A4 | Compact | $2,296 | $191 |
| Lexus RC 350 | Compact | $2,300 | $192 |
| Audi S3 | Compact | $2,314 | $193 |
| Mercedes-Benz AMG CLA45 | Midsize | $2,314 | $193 |
| Volvo S60 | Compact | $2,316 | $193 |
See our comprehensive guide for luxury car insurance to view data for vehicles not featured in the table.
Don’t see your luxury car in the list? Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get cheap Memphis car insurance quotes from the best auto insurance companies in Tennessee.
Cheapest luxury SUV insurance rates in Memphis
Ranking highest for the most affordable Memphis car insurance rates in the luxury SUV segment are the Acura RDX, Cadillac XT4, Lexus RX 350, Infiniti QX50, and Volvo XC40. Rates for these vehicles average $1,920 or less per year.
Additional models that rank well in our comparison include the Lexus UX 250h, Mercedes-Benz GLA250, Mercedes-Benz GLB 250, and Cadillac XT6, with average annual insurance rates of $2,018 per year or less.
As a cost per month, auto insurance rates in Memphis on this segment for a middle-age safe driver starts at around $144 per month, depending on the company.
If vehicle size is considered, the most affordable compact luxury SUV to insure in Memphis is the Acura RDX at $1,730 per year, or $144 per month. For midsize 2023 models, the Lexus RX 350 has the cheapest rates at $1,854 per year, or $155 per month. And for full-size luxury SUV models, the Volvo XC90 has the cheapest car insurance rates at $2,138 per year, or $178 per month.
The next table ranks the SUVs with the lowest-cost car insurance rates in Memphis, starting with the Acura RDX at $1,730 per year ($144 per month) and ending with the Mercedes-Benz GLC300 at $2,112 per year ($176 per month).
| Make/Model | Vehicle Size | Annual Cost | Monthly Cost |
|---|---|---|---|
| Acura RDX | Compact | $1,730 | $144 |
| Lexus RX 350 | Midsize | $1,854 | $155 |
| Cadillac XT4 | Compact | $1,872 | $156 |
| Volvo XC40 | Compact | $1,904 | $159 |
| Infiniti QX50 | Midsize | $1,920 | $160 |
| Lexus UX 250h | Compact | $1,940 | $162 |
| Cadillac XT5 | Midsize | $1,972 | $164 |
| Mercedes-Benz GLA250 | Compact | $2,012 | $168 |
| Cadillac XT6 | Midsize | $2,018 | $168 |
| Mercedes-Benz GLB 250 | Compact | $2,018 | $168 |
| Lexus NX 250 | Compact | $2,046 | $171 |
| Acura MDX | Midsize | $2,064 | $172 |
| Lexus NX 350h | Compact | $2,070 | $173 |
| Lexus NX 350 | Compact | $2,084 | $174 |
| Lincoln Corsair | Compact | $2,084 | $174 |
| Lexus NX 450h | Compact | $2,088 | $174 |
| Lincoln Nautilus | Midsize | $2,100 | $175 |
| BMW X1 | Compact | $2,102 | $175 |
| Alfa Romeo Tonale | Compact | $2,106 | $176 |
| Mercedes-Benz GLC300 | Compact | $2,112 | $176 |
For all luxury SUV comparisons, see our complete guide for luxury SUV insurance.
Looking for rates for a different luxury SUV? Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free car insurance quotes from top auto insurance companies in Tennessee.
Cheapest sports car insurance rates in Memphis
Taking the top spot in Memphis for the lowest-cost insurance in the sports car segment is the Mazda MX-5 Miata, at an average of $1,916 per year. Second place is the Audi TT at $2,148 per year, third place goes to the Ford Mustang, costing an average of $2,248 per year, and ranking fourth is the BMW Z4, costing an average of $2,264 per year.
Also ranking in the top 10 are models like the Nissan Z, Toyota GR Supra, BMW M2, and Subaru BRZ, with an average cost to insure of $2,498 per year or less.
Full-coverage auto insurance for this segment in Memphis starts at around $160 per month, depending on the company.
The rate comparison table below ranks the twenty sports cars with the cheapest insurance rates in Memphis, starting with the Mazda MX-5 Miata at $1,916 per year ($160 per month) and ending with the Lexus LC 500 at $3,116 per year ($260 per month).
| Make/Model | Vehicle Type | Annual Cost | Monthly Cost |
|---|---|---|---|
| Mazda MX-5 Miata | Sports Car | $1,916 | $160 |
| Audi TT | Sports Car | $2,148 | $179 |
| Ford Mustang | Sports Car | $2,248 | $187 |
| BMW Z4 | Sports Car | $2,264 | $189 |
| Subaru WRX | Sports Car | $2,286 | $191 |
| Nissan Z | Sports Car | $2,326 | $194 |
| Toyota GR Supra | Sports Car | $2,362 | $197 |
| BMW M2 | Sports Car | $2,390 | $199 |
| Toyota GR86 | Sports Car | $2,392 | $199 |
| Subaru BRZ | Sports Car | $2,498 | $208 |
| Chevrolet Corvette | Sports Car | $2,558 | $213 |
| BMW M3 | Sports Car | $2,614 | $218 |
| Lexus RC F | Sports Car | $2,668 | $222 |
| Porsche 718 | Sports Car | $2,668 | $222 |
| Chevrolet Camaro | Sports Car | $2,712 | $226 |
| Mercedes-Benz AMG GT53 | Sports Car | $2,878 | $240 |
| Jaguar F-Type | Sports Car | $2,974 | $248 |
| Porsche Taycan | Sports Car | $3,042 | $254 |
| BMW M4 | Sports Car | $3,080 | $257 |
| Lexus LC 500 | Sports Car | $3,116 | $260 |
Looking for a different vehicle? Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get free car insurance quotes from top auto insurance companies in Memphis.
Cheapest pickup truck insurance rates in Memphis
The top five most affordable pickup trucks to insure in Memphis are the Ford Maverick, Chevrolet Colorado, Nissan Frontier, Ford Ranger, and GMC Canyon. Average insurance rates for for these five models range from $1,722 to $1,882 per year.
Not the cheapest, but still very affordable, are models like the Nissan Titan, Honda Ridgeline, Toyota Tacoma, and Ford F150, with average annual insurance rates of $2,104 per year or less.
On a monthly basis, full-coverage car insurance on this segment in Memphis will start around $144 per month, depending on your location. The comparison table below ranks the pickups with the cheapest car insurance rates in Memphis, starting with the Ford Maverick at $144 per month and ending with the Nissan Titan XD at $193 per month.
| Make/Model | Vehicle Size | Annual Cost | Monthly Cost |
|---|---|---|---|
| Ford Maverick | Midsize | $1,722 | $144 |
| Chevrolet Colorado | Midsize | $1,726 | $144 |
| Nissan Frontier | Midsize | $1,790 | $149 |
| Ford Ranger | Midsize | $1,840 | $153 |
| GMC Canyon | Midsize | $1,882 | $157 |
| Toyota Tacoma | Midsize | $1,894 | $158 |
| Hyundai Santa Cruz | Midsize | $1,926 | $161 |
| Nissan Titan | Full-size | $2,050 | $171 |
| Honda Ridgeline | Midsize | $2,060 | $172 |
| Ford F150 | Full-size | $2,104 | $175 |
| GMC Sierra 2500 HD | Heavy Duty | $2,122 | $177 |
| Jeep Gladiator | Midsize | $2,156 | $180 |
| Toyota Tundra | Full-size | $2,180 | $182 |
| GMC Sierra 3500 | Heavy Duty | $2,190 | $183 |
| Chevrolet Silverado | Full-size | $2,264 | $189 |
| GMC Sierra | Full-size | $2,264 | $189 |
| Ram Truck | Full-size | $2,268 | $189 |
| Chevrolet Silverado HD 2500 | Heavy Duty | $2,276 | $190 |
| Chevrolet Silverado HD 3500 | Heavy Duty | $2,280 | $190 |
| Nissan Titan XD | Heavy Duty | $2,316 | $193 |
For more pickup insurance comparisons, see our guides for midsize pickup insurance and large pickup insurance.
Don’t see insurance cost for your pickup? Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free car insurance quotes from the best auto insurance companies in Tennessee.
Memphis car insurance rate variability
To help clarify the extent to which the cost of auto insurance can vary from one person to the next (and also emphasize the importance of accurate rate quotes), the sections below present a wide range of rates for five popular models in Memphis: the Ford F150, Nissan Sentra, Honda CR-V, Honda Pilot, and Toyota Supra.
Each illustration displays average rates for different driver profiles to demonstrate the difference in cost when changes are made to the rated driver.
Ford F150 insurance rates
With sticker prices ranging from $42,995 to $96,874, average Memphis insurance rates for a Ford F150 cost from $1,804 per year on the F150 XL Super Cab 4WD model up to $2,326 per year for the F150 Lightning Platinum trim level.
From a cost per month standpoint, full-coverage auto insurance on the Ford F150 for a good driver can cost from $150 to $194 per month, depending on the company and where you live in Memphis.
The next chart demonstrates how the cost of car insurance on a Ford F150 can change based on driver age, policy physical damage deductibles, and risk scenarios.
The Ford F150 is a full-size truck, and other similar models include the Toyota Tundra, Chevrolet Silverado, GMC Sierra, and Nissan Titan.
Nissan Sentra insurance rates
In Memphis, the cheapest car insurance rates for a 2023 Nissan Sentra are on the S trim model, costing an average of $1,866 per year, or around $156 per month. This model sells for $19,950.
The most expensive 2022 Nissan Sentra to insure in Memphis is the SR Midnight Edition model, costing an average of $1,974 per year, or around $165 per month. The sticker price for this trim level is $23,395, before destination and documentation fees.
When Memphis car insurance rates on a Nissan Sentra are compared to the national average cost for the same vehicle, the cost is $278 to $296 less per year in Memphis, depending on the trim level being insured.
The next chart might be helpful in explaining how the cost of car insurance for a Nissan Sentra can range significantly based on a number of different driver ages and risk profiles.
The Nissan Sentra is part of the compact car segment, and other similar models that are popular in Memphis include the Volkswagen Jetta, Chevrolet Cruze, and Hyundai Elantra.
Honda CR-V insurance rates
In Memphis, the least-expensive insurance rates for a 2023 Honda CR-V are on the EX trim, costing an average of $1,702 per year, or around $142 per month. This model has a retail price of $31,110.
The most expensive 2022 Honda CR-V model to insure in Memphis is the Sport Touring Hybrid AWD model, costing an average of $1,848 per year, or around $154 per month. The MSRP for this model is $38,600, before destination charges and documentation fees.
When Memphis auto insurance rates on a Honda CR-V are compared to the overall national average cost for the same model, the cost is anywhere from $254 to $278 less per year in Memphis, depending on the exact trim being insured.
As a cost per month, auto insurance on a Honda CR-V for a middle-age safe driver can cost from $142 to $154 per month, but your actual rate can vary based on your address in Memphis.
The next rate chart shows how the cost of car insurance on a Honda CR-V can be very different based on a number of different driver ages, policy deductibles, and potential risk scenarios. For our example, prices range from $1,462 to $4,018 per year, which is a cost difference of $2,556 for insurance on the same vehicle with different rated drivers.
The Honda CR-V is classified as a compact SUV, and additional models from the same segment that are popular in Memphis include the Mazda CX-5, Chevrolet Equinox, Nissan Rogue, and Subaru Forester.
Honda Pilot insurance rates
The average cost for Honda Pilot insurance in Memphis is $1,996 per year. With sticker prices ranging from $39,150 to $52,030, average car insurance quotes for a Honda Pilot range from $1,886 per year for the Pilot Sport model up to $2,098 per year for the Pilot Elite AWD trim level.
When Memphis auto insurance rates for a Honda Pilot are compared with the national average cost for the same model, the cost is anywhere from $280 to $314 less per year in Memphis, depending on the exact model being insured.
The rate chart below demonstrates how the cost of car insurance for a Honda Pilot can vary for different drivers and possible risk profiles.
The Honda Pilot belongs to the midsize SUV segment, and additional similar models include the Jeep Grand Cherokee, Kia Telluride, Ford Explorer, and Kia Sorento.
Toyota GR Supra insurance rates
Toyota GR Supra insurance in Memphis averages $2,362 per year, ranging from a low of $2,200 per year on the GR Supra 2.0 Coupe model (MSRP of $43,540) up to $2,456 per year on the GR Supra A91-MT Edition model (MSRP of $58,345).
When Memphis auto insurance rates on the Toyota GR Supra are compared to the average cost for the entire U.S. for the same model, rates are anywhere from $328 to $366 cheaper per year in Memphis, depending on the exact model being insured.
The chart displayed below can help visualize how insurance rates for a Toyota GR Supra can be quite different based on different driver ages and possible risk profiles.
The Toyota Supra is considered a sports car, and additional models from the same segment that are popular in Memphis include the Nissan 370Z, Subaru BRZ, and Chevrolet Camaro.
Money-saving tips for finding cheaper Memphis auto insurance
Smart drivers are often looking to save money on car insurance So study the tips below and it’s very possible you can save a few bucks when buying auto insurance.
- If your car is older, remove unneeded coverages. Deleting physical damage coverage from vehicles that are older will cut the cost of auto insurance substantially.
- Avoid tickets to save money. If you want to get affordable car insurance in Memphis, it pays to be a conservative driver. In fact, just a few moving violations could result in increasing car insurance rates as much as $546 per year. Being convicted of a crime like DUI and hit-and-run could raise rates by an additional $1,908 or more.
- Careless drivers pay more for car insurance. Having a few at-fault accidents can really raise rates, possibly by an additional $2,904 per year for a 20-year-old driver and even as much as $852 per year for a 40-year-old driver. So drive safe and save!
- Research policy discounts to save money. Savings may be available if the insured drivers sign their policy early, are military or federal employees, take a defensive driving course, are claim-free, are loyal customers, or many other policy discounts which could save the average Memphis driver as much as $352 per year on the cost of car insurance
- Compare car insurance quote before buying a car. Different cars can have significantly different car insurance premiums, and car insurance companies can sell coverages with a wide range of costs. Check rates before you buy a new car in order to prevent price shock when you get your first insurance bill.
