Determining which company has the most affordable car insurance rates for active military takes a tad more effort than just quoting one company’s rates. Each auto insurance company has their own formula for determining rates in each state, so we need to take a look at the car insurance companies that tend to be cheaper in Nashville.
It’s a good idea to be aware that Nashville, TN car insurance rates are impacted by many things which can significantly increase or decrease the cost of your policy. Improving your credit score, buying a different vehicle, or having a fender bender can trigger rate changes resulting in some companies being affordable when they were higher priced.
Best Car Insurance Prices for Military
Click Here to Start Your Quote
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Utica National | $737 |
| 2 | Auto-Owners | $827 |
| 3 | Cincinnati Insurance | $850 |
| 4 | USAA | $919 |
| 5 | Penn National | $926 |
| 6 | Erie | $957 |
| 7 | Tennessee Farmers | $961 |
| 8 | Nationwide | $1,042 |
| 9 | Allied | $1,060 |
| 10 | Westfield | $1,079 |
| 11 | GEICO | $1,144 |
| 12 | State Farm | $1,201 |
| 13 | Travelers | $1,213 |
| 14 | The Hartford | $1,221 |
| 15 | Progressive | $1,226 |
| 16 | Shelter | $1,235 |
| 17 | State Auto | $1,241 |
| 18 | Direct General | $1,251 |
| 19 | 21st Century | $1,300 |
| 20 | Chubb | $1,329 |
| Quote Your Rates Go | ||
Utica National quotes some of the lowest car insurance rates in Nashville at around $737 per year. This is $591 less than the average premium paid by Tennessee drivers of $1,328. Auto-Owners, Cincinnati Insurance, USAA, and Penn National also make the cut as some of the lowest-priced Nashville, TN auto insurance companies.
As depicted above, if you are currently insured with Auto-Owners and switched to Utica National, you might achieve an annual savings of in the vicinity of $90. Insureds with Cincinnati Insurance may save as much as $113 a year, and USAA insureds might cut rates by $182 a year.
Remember that these estimates are averaged for all ages of drivers and types of vehicles and and are not figured with an exact location for active military. So the company that fits you best may not even be in the top 30 companies in the list above. That is why you need to get rate quotes using your own driver data and vehicle information.
One of the more important things that are used to help calculate insurance cost is where you choose to live in Nashville. Cities with larger populations or higher claim trends likely pay more, whereas areas with less crime or weather claims have the luxury of cheap car insurance rates.
The next table shows the most expensive areas in Tennessee for active military in which to purchase auto insurance. Nashville shows up at #8 with a yearly premium of $1,213 for the average insurance policy, which is approximately $101 each month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Memphis | $1,446 |
| 2 | Bartlett | $1,419 |
| 3 | Germantown | $1,374 |
| 4 | Collierville | $1,323 |
| 5 | Jackson | $1,266 |
| 6 | Oak Ridge | $1,223 |
| 7 | Columbia | $1,214 |
| 8 | Nashville | $1,213 |
| 9 | Clarksville | $1,194 |
| 10 | Smyrna | $1,183 |
| 11 | Knoxville | $1,182 |
| 12 | Cookeville | $1,182 |
| 13 | Maryville | $1,172 |
| 14 | Spring Hill | $1,169 |
| 15 | La Vergne | $1,162 |
| 16 | Gallatin | $1,155 |
| 17 | Murfreesboro | $1,148 |
| 18 | Hendersonville | $1,136 |
| 19 | Brentwood | $1,133 |
| 20 | Franklin | $1,129 |
| 21 | Morristown | $1,125 |
| 22 | Chattanooga | $1,115 |
| 23 | Cleveland | $1,102 |
| 24 | Johnson City | $1,073 |
| 25 | Kingsport | $1,068 |
| Compare Prices Now Go | ||
Premium costs are comparative as vehicle location can decrease or increase rates greatly.
Get discounts on Nashville insurance rates
Car insurance companies that offer coverage for active military could also offer discounts that could potentially reduce rates by as much as 35% if you are eligible for them. Popular car insurance companies and some of the premium reductions they offer can be read below.
- 21st Century offers discounts including student driver, defensive driver, automatic seat belts, good student, and anti-lock brakes.
- State Farm has discounts for anti-theft, safe vehicle, good driver, driver’s education, and multiple autos.
- AAA includes discounts for anti-theft, education and occupation, pay-in-full, AAA membership discount, and good student.
- Liberty Mutual may offer discounts for good student, teen driver discount, exclusive group savings, new move discount, safety features, and new graduate.
- Progressive offers premium reductions for multi-vehicle, continuous coverage, online quote discount, homeowner, good student, online signing, and multi-policy.
The diagram below visualizes the comparison of insurance premiums with and without discounts applied to the policy rates. The price estimates are based on a male driver, no claims or driving citations, Tennessee state minimum liability limits, comprehensive and collision coverage, and $100 deductibles.
The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with marriage, homeowner, multiple vehicle, passive restraint, safe-driver, and accident-free discounts applied. When discounts are applied, the average amount saved each year on car insurance for active military is 28% or $617.
Safe drivers pay cheaper rates
A great way to receive good car insurance rates in Nashville for military personnel is to drive carefully and avoid at-fault accidents and violations. The illustration below illustrates how traffic citations and accidents drive up premium costs for each age group. The rates are based on a single female driver, full physical damage coverage, $100 deductibles, and no discounts are taken into consideration.
In the previous example, the average cost of an auto insurance policy in Nashville per year with no accidents and a clean driving record is $2,140. Receive one speeding ticket and the average cost increases to $2,425, an increase of $285 each year. Then add in two accidents along with the one speeding ticket and the annual cost of car insurance for active military goes up to an average of $4,807. That’s an increase of $2,668, or $222 per month, just for being a little careless behind the wheel!
Ideas for buying the cheapest auto insurance for active military
Here are some of the better thrifty ideas that can help Tennessee drivers get more affordable coverage.
- Full coverage is expensive so only insure older vehicles for liability only
- Try to pay small claims out-of-pocket
- Staying accident-free helps keep rates low
- Ensure your driving record is clean
- Drive vehicles with five-star safety ratings
- Bundle home and auto and save
- Comparison shop at least every other year
The last item on the list is notably vital, as was stressed in the prior article. Coverage prices in Nashville vary greatly, so drivers shouldn’t be reluctant to switch carriers if a more affordable rate is found. Staying with the same car insurance company is fine, but is isn’t recommended if that loyalty results in overpaying big bucks every year. Now is a great time to compare rates and find cheaper insurance for active military.