Tennessee High Risk Auto Insurance
Tennessee has over 160 companies licensed to sell car insurance.. Some of these companies likely to offer high risk insurance for Tennessee drivers include Direct, Esurance, Foremost, Geico, Nationwide, Progressive, State Farm, and Travelers.
Auto accidents in the state of Tennessee are covered under a tort system, meaning that one of the drivers involved will be found at fault and held financially responsible for all the injuries and property damage suffered by others involved in the accident. In an effort to ensure that all drivers are able to cover their financial responsibilities, minimum liability insurance requirements have been enacted that drivers must purchase to operate a vehicle on the state's roadways. This minimum coverage includes Bodily Injury Liability of $25,000 per person up to $50,000 per accident and property damage liability of not less than $15,000. Any costs incurred that are above the coverage carried are still the responsibility of the at-fault driver.
Whether you are a safe driver with no accidents or a driver requiring high risk auto insurance, proof of insurance must be provided when registering a vehicle and carried in the vehicle at all times. If involved in an accident or pulled over on a traffic stop, the driver must be able to show law enforcement officers this proof of insurance or face the following penalties: a fine of $100 and suspension of driver's license until proof of insurance is provided and reinstatement fees are paid. In addition, failure to maintain proof of insurance carries the penalty of having to provide SR-22 proof of insurance from the insurance company.