NASHVILLE, Tenn. (WKRN) — A new study suggests Tennesseans are paying more for car insurance than they were less than a decade ago.
According to a newly-released report, the average auto premium in Tennessee was $957 in 2011.
Seven years later, the amount has climbed to $1,427—an increase of 49%.
Factors that impact the increase are mainly population and crime. More populated areas with higher instances of congestion, crime and higher numbers of uninsured driver tend to have higher rates.
Other factors include weather, economy and behavior—like texting and driving—in addition to what type of vehicle you drive.
Overall Tennessee is near the middle of the pack for the country at 32nd at a $1,427 annual rate (Maine is No. 1 with $896 and Michigan is 51st with $2,693). $1,470 is the national average annual premium which is 23% higher than 2011.