Auto insurance in Memphis, TN, is more than just a way to ensure financial protection in the event of an accident—it’s also required by law. Drivers caught operating a vehicle without insurance can face a wide range of consequences.

Tennessee Guidelines

Having an auto insurance policy isn’t enough; the policy must meet Tennessee’s state minimum requirements. According to state guidelines, a policy must include:

• $25,000 per person for bodily injury
• $50,000 per accident for bodily injury
• $25,000 for property damage

An experienced agent at Tackett Insurance Inc. can help ensure your policy meets these state guidelines so you don’t risk losing your license.

Can You Lose Your License?

Yes, you can lose your license in Tennessee if you’re caught driving without proper insurance coverage. Some judges may suspend your license until you provide proof of insurance, while others may impose a suspension for a set period, such as six months, for repeat offenses. However, losing your license isn’t the only consequence you may face.

Other Consequences

Drivers involved in an accident without proper insurance coverage are financially responsible for damages. This includes paying for the other party’s property damage and medical expenses. Failure to pay can result in a lawsuit and a court judgment ordering you to cover the costs.

Law enforcement may also impound your vehicle, and you’ll be required to pay fees to retrieve it. In some cases, you won’t be allowed to recover your vehicle from impound until you obtain appropriate insurance coverage. Daily impound fees can quickly add up, costing hundreds or even thousands of dollars.

Additionally, you may face fines totaling hundreds of dollars, lose your vehicle registration, or even have your car seized. Ultimately, it’s far cheaper to maintain proper insurance coverage than to deal with the financial and legal consequences of driving without it.

Our auto insurance experts at Tackett Insurance Inc. are here to help you find a policy that meets your needs and budget. Contact us today to learn more. We proudly serve the Memphis, TN, area.