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Get Cheap Car Insurance in River Oaks-Kirby-Balmoral, Memphis, TN
We monitor insurance prices, helping the average driver in River Oaks-Kirby-Balmoral save up to 31.8% on car insurance.
The Cheapest Minimum Coverage in River Oaks-Kirby-Balmoral
The chart below shows the cheapest car insurance company in River Oaks-Kirby-Balmoral for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through State Farm, followed by Geico, Farmers Insurance, and Safeco Insurance.
| River Oaks-Kirby-Balmoral Insurer | Monthly Cost |
|---|---|
| State Farm | $57 |
| Geico | $63 |
| Farmers Insurance | $65 |
| Safeco Insurance | $65 |
Savings for Every Kind of River Oaks-Kirby-Balmoral Driver
Based on our extensive insurance data, we know the average River Oaks-Kirby-Balmoral driver will save about 26% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $387 per year by choosing the right vehicle insurance company. Some River Oaks-Kirby-Balmoral residents are paying out over $1,518 extra every year for auto insurance in River Oaks-Kirby-Balmoral. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
River Oaks-Kirby-Balmoral, Memphis, TN Savings / Yr. |
|---|---|
$387 |
|
$699 |
|
$516 |
|
$591 |
|
$1,522 |
|
$366 |
|
$634 |
River Oaks-Kirby-Balmoral Car Insurance vs. Memphis
People living in River Oaks-Kirby-Balmoral pay an average of 10.06% more than the typical driver in the state. The average driver in River Oaks-Kirby-Balmoral can expect to pay about $955 per year, or $1,518 for full coverage.
Based on our analysis, Auto-Owners Insurance will be the cheapest provider in River Oaks-Kirby-Balmoral for most people.
Car Insurance Prices by River Oaks-Kirby-Balmoral Neighborhood
Insurance Prices
Where is insurance cheapest within River Oaks-Kirby-Balmoral?
The map shows insurance prices in and around River Oaks-Kirby-Balmoral, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $352 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $1,704 to a low of $1,352. Insurance prices tend to be higher for those living in the Southwest area, and lower for those with homes in the Northeast parts of River Oaks-Kirby-Balmoral.Pick the Best Car Insurance Company for You in River Oaks-Kirby-Balmoral
The best car insurance provider for most drivers in River Oaks-Kirby-Balmoral
For drivers with clean driving records and no major strikes, Auto-Owners Insurance is the best option, with annual savings of $387 over the average River Oaks-Kirby-Balmoral car insurance company.
The best car insurance provider for River Oaks-Kirby-Balmoral drivers with accidents on their records
In our analysis, State Farm saved the average person who had been in an accident the most, with annual savings averaging $699 over the competition.
The best car insurance company for River Oaks-Kirby-Balmoral drivers with speeding tickets
>State Farm gave the average person with a speeding ticket the most savings, averaging $516 better than other car insurance companies.
The best auto insurance for River Oaks-Kirby-Balmoral drivers with a DUI conviction
Getting a quote from Novo may cost the average person with a DUI about $591 less each year.
The least expensive car insurance company for new and young drivers in River Oaks-Kirby-Balmoral
In River Oaks-Kirby-Balmoral, State Farm costs young drivers $1,522 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in River Oaks-Kirby-Balmoral
State Farm gave the largest car insurance discounts to married couples, averaging $366 saved each year compared to an average River Oaks-Kirby-Balmoral couple's premiums.
The cheapest car insurance in River Oaks-Kirby-Balmoral for drivers with bad credit
The best River Oaks-Kirby-Balmoral car insurance company for customer service
Nationwide was the best company for customer service in River Oaks-Kirby-Balmoral according to the NAIC.
Recent price drops
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The cheapest large national provider in River Oaks-Kirby-Balmoral
For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average River Oaks-Kirby-Balmoral driver can expect to pay about $95 per month.
What About USAA?
JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In River Oaks-Kirby-Balmoral, USAA has the best prices for married couples, good drivers, drivers with accidents, drivers with bad credit, drivers with a DUI conviction, drivers with speeding tickets, and young drivers.Auto Insurance Prices in and Around River Oaks-Kirby-Balmoral
What Influences the Cost of Car Insurance in River Oaks-Kirby-Balmoral?
On average, car insurance in River Oaks-Kirby-Balmoral is more expensive than the rest of the state. These high prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the neighborhood are influenced by the following factors:
- Tennessee state insurance regulations may allow for lower prices.
- An average of 1 to 2 weeks with snow on the ground, which impacts accident rates.
- Marriage rates in River Oaks-Kirby-Balmoral are higher than average in the state, and marriage often results in car insurance discounts.
- Vehicle theft rates in the area are moderate, with a Vehicle Theft Crime Grade of B- according to CrimeGrade.org.
- River Oaks-Kirby-Balmoral is one of the most densely populated areas in the state. The neighborhood’s density could result in a price increase for drivers.
As a result of these and other factors, the average cost of car insurance in River Oaks-Kirby-Balmoral is $80 per month for minimum coverage and $126 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.
Car Insurance in Nearby Neighborhoods
- River Oaks: Insurance costs 1.65% less
- Hickory Ridge-South Riverdale: Insurance costs 8.89% more
- Cordova-Appling: Insurance costs 4.02% more
- East Memphis-Colonial-Yorkshire: Insurance costs 1.78% more
- Windyke-Southwind: Insurance costs 1.19% more
- Walnut Grove - Shelby Farms PD: Insurance costs 2.70% less
- Parkway Village-Oakhaven: Insurance costs 7.38% more
- Berclair-Highland Heights: Insurance costs 6.79% more
- Eads-Fisherville: Insurance costs 0.86% less
- Raleigh: Insurance costs 7.05% more
Neighborhoods with Similar Populations
- Far West: Insurance costs 12.71% more
- South End: Insurance costs 12.19% more
- Harbor Gateway: Insurance costs 55.99% more
- Greenwich Village: Insurance costs 88.47% more
- Green Valley North: Insurance costs 58.23% more
- Greater Memorial: Insurance costs 22.20% more
- Greater Greenspoint: Insurance costs 41.77% more
- Glendale: Insurance costs 111.53% more
- Gateway-Green Valley Ranch: Insurance costs 45.72% more
- Frankford: Insurance costs 17.33% more