Finding cheaper auto insurance for a Toyota Tacoma depends on lots of different rating factors such as your marital status, your credit rating, and if you have tickets or violations. Drivers in Tennessee pay approximately $875 each year to insure their Tacoma, but that figure is a projection using a 30-year-old married male driver with full comprehensive and collision coverage and $250 deductibles.
This brings up the issue that more than likely you’re not a 30-year-old male, single instead of married, and maybe your Tacoma is older and does not require full coverage. Having even a minor difference in the factors used in pricing a policy can make a large difference in policy price.
This illustrates why the best way to find cheap car insurance rates for your Toyota is to just compare rates yourself. In less than five minutes you will get price quotes from some of the best insurers around.
Your vehicle’s trim level tends to impact the cost of insurance, so the price you will be charged to insure a Tacoma 2WD trim level will be $58 lower than the price to insure the more expensive Tacoma Double Cab TRD Sport Package 4WD version, as demonstrated by the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Tacoma Double Cab 4WD||$224||$376||$288||$18||$86||$992||$83|
|Tacoma X-Runner 2WD||$224||$444||$288||$18||$86||$1,060||$88|
|Tacoma Double Cab 4WD||$252||$376||$288||$18||$86||$1,020||$85|
|Tacoma Double Cab TRD Off-Road Package 4WD||$252||$376||$288||$18||$86||$1,020||$85|
|Tacoma Double Cab TRD Sport Package 4WD||$252||$376||$288||$18||$86||$1,020||$85|
|Get Your Own Custom Quote Go|
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Estimates do not factor in specific Nashville garaging location which can revise premiums considerably.
Choosing the best company can be challenging considering how many different insurance companies sell coverage in Nashville. The company rank data in the lists below can help you analyze which auto insurance companies you want to consider purchasing coverage from. The rankings below are only comprised of the largest companies in the United States, so smaller companies that only insure vehicles in Tennessee are not included in the list.
Top 10 Major Auto Insurance Providers in Nashville Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%
- The Hartford – 87%
Top 10 Major Auto Insurance Providers Overall in Nashville
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
- American Family
Types of discounts on Nashville auto insurance rates
Car insurance companies that provide coverage for a Toyota Tacoma may have policy discounts that could lower prices by as much as 30% if you can meet the requirements. A list of companies and some of the premium reductions they offer are outlined below.
- American Family discounts include bundled insurance, multi-vehicle, Steer into Savings, good student, accident-free, and air bags.
- Farm Bureau may have discounts that include good student, 55 and retired, multi-policy, youthful driver, and renewal discount.
- State Farm offers premium reductions for passive restraint, defensive driving training, Steer Clear safe driver discount, driver’s education, and anti-theft.
- Travelers offers discounts for multi-policy, multi-car, driver training, payment discounts, and student away at school.
- The Hartford includes discounts for bundle, driver training, vehicle fuel type, good student, defensive driver, anti-theft, and air bag.
- GEICO offers discounts including federal employee, multi-vehicle, emergency military deployment, air bags, anti-theft, and good student.
- Progressive may offer discounts for multi-policy, continuous coverage, homeowner, online signing, and online quote discount.
The information below shows the comparison of annual premium costs with and without discounts applied to the premium. The data assumes a female driver, no claims or driving violations, Tennessee state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with vehicle safety, claim-free, multiple policy, homeowner, anti-theft, and safe-driver discounts applied. When taking advantage of discounts, theaverage yearly reduction on auto insurance for a Toyota Tacoma is 28% or $399.
The example below demonstrates how deductible levels can affect insurance costs when quoting cheap insurance for a Toyota Tacoma. The premiums are based on a married female driver, full physical damage coverage, and no discounts are factored in.
The data above shows that a 50-year-old driver could pocket $246 a year by switching from a $100 deductible up to a $500 deductible, or save $370 by using a $1,000 deductible. Younger drivers, like the Age 20 category, could roll back prices up to $610 annually just by choosing larger deductibles.
If you do raise deductibles, it is essential to have plenty of savings on hand to allow you to cover the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.
Cautious Nashville drivers save money
The common sense way to score affordable auto insurance premiums for a Tacoma is to be a careful driver and have a clean driving record. The information below shows how speeding tickets and accidents increase car insurance rates for different categories of driver ages. Data assumes a single female driver, full coverage, $250 deductibles, and no policy discounts are applied.
The data above shows the average cost of auto insurance in Nashville per year with a clean driving record and no accidents is $1,711. Add in two speeding tickets and the average cost surges to $2,297, an increase of $585 each year. Now add one accident along with the two speeding tickets and the annual cost of auto insurance for a Toyota Tacoma jumps again to an average of $2,883. That’s an increase of $1,172, or $98 per month, just for not driving attentively!