Truthfully, the best way to get low-cost car insurance rates in Nashville is to regularly compare prices from companies who can sell car insurance in Tennessee. You can compare rates by following these steps.
- Gain an understanding of how your policy works and the measures you can take to keep rates in check. Many things that increase rates such as traffic violations and poor credit rating can be eliminated by improving your driving habits or financial responsibility.
- Obtain price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from a single company like Progressive or Allstate, while independent agents can quote rates from many different companies. View prices
- Compare the new rates to the price on your current policy and determine if there is any savings. If you can save some money and make a switch, make sure there is no coverage gap between policies.
One tip to remember is to try to compare similar limits and deductibles on each quote request and and to get prices from every company you can. Doing this guarantees a level playing field and a complete rate analysis.
It’s hard to fathom, but nearly 70% of customers have remained with the same insurance company for a minimum of four years, and approximately 40% of consumers have never compared rates from other carriers. Tennessee drivers could cut their rates by $500 a year, but they just don’t understand the amount of money they would save if they changed companies.
Save a ton with discounts
The cost of insuring your cars can be expensive, but companies offer discounts that may help make it more affordable. Some trigger automatically at quote time, but less common discounts must be requested specifically before you get the savings.
- Smart Student Discounts – Being a good student can get you a discount of up to 25%. Many companies even apply the discount to college students until age 25.
- Discount for New Cars – Adding a new car to your policy can save up to 30% because newer models are generally safer.
- Discount for Low Mileage – Driving less could qualify for lower premium rates due to less chance of an accident.
- Driver’s Education for Students – It’s a good idea to have your young drivers take driver’s ed class in high school.
- Seat Belt Usage – Requiring all passengers to buckle up can save up to 10 percent (depending on the company) off PIP or medical payments premium.
- ABS Braking Discount – Cars, trucks, and SUVs that have steering control and anti-lock brakes are much safer to drive and therefore earn up to a 10% discount.
- Accident Forgiveness Coverage – This one isn’t a discount, but companies like GEICO, Allstate and Liberty Mutual will forgive one accident before hitting you with a surcharge as long as you don’t have any claims for a certain period of time.
- Discount for Passive Restraints – Vehicles equipped with air bags or automatic seat belts may earn rate discounts of 20 to 30 percent.
- Multi-line Discount – If the company offers life insurance, you could get a small discount if you purchase a life policy as well.
As a footnote on discounts, most credits do not apply to your bottom line cost. Most cut specific coverage prices like liability and collision coverage. Even though it appears adding up those discounts means a free policy, nobody gets a free ride. Any amount of discount will positively reduce your insurance premiums.
The illustration below illustrates the comparison of Infiniti M45 auto insurance rates with and without discounts applied to the policy rates. The costs are based on a male driver, no violations or claims, Tennessee state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, claim-free, multi-car, homeowner, and multi-policy discounts applied.
Companies and a partial list of their discounts include:
- GEICO has discounts for membership and employees, seat belt use, driver training, multi-policy, five-year accident-free, and daytime running lights.
- Travelers policyholders can earn discounts including IntelliDrive, early quote, multi-car, good student, continuous insurance, and save driver.
- Farm Bureau offers discounts for multi-vehicle, 55 and retired, multi-policy, safe driver, and renewal discount.
- Liberty Mutual offers discounts including safety features, new graduate, exclusive group savings, good student, new move discount, and teen driver discount.
- American Family may include discounts for mySafetyValet, good student, multi-vehicle, TimeAway discount, air bags, and early bird.
- Progressive may have discounts that include good student, multi-policy, homeowner, online signing, and multi-vehicle.
If you want affordable Nashville auto insurance quotes, ask each company which discounts they offer. Some credits might not be offered on policies in your state. To see a list of insurance companies with discount insurance rates in Nashville, click here to view.
Lowering your car insurance rates is not rocket science. The only requirement is to spend a little time comparing price quotes from different insurance companies.
The companies shown below have been selected to offer price quotes in Tennessee. To get cheaper car insurance in Tennessee, we suggest you visit several of them to get the lowest price.
Statistics and details
The coverage information displayed below highlights detailed analysis of policy rates for Infiniti M45 models. Learning a little about how insurance prices are established can help customers make informed decisions when comparing rate quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M45 X AWD 4-Dr | $252 | $466 | $288 | $18 | $86 | $1,110 | $93 |
| M45 4-Dr Sedan | $252 | $466 | $288 | $18 | $86 | $1,110 | $93 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Rate information does not factor in Nashville location which can affect coverage prices noticeably.
Insurance deductibles
The hardest decision when buying coverage is where to set your physical damage deductibles. The rates below may help you to understand the price difference when you choose different comp and collision deductibles. The first rate table uses a $100 deductible for physical damage and the second rate table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M45 X AWD 4-Dr | $344 | $688 | $288 | $18 | $86 | $1,449 | $121 |
| M45 4-Dr Sedan | $344 | $688 | $288 | $18 | $86 | $1,449 | $121 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M45 X AWD 4-Dr | $192 | $362 | $288 | $18 | $86 | $946 | $79 |
| M45 4-Dr Sedan | $192 | $362 | $288 | $18 | $86 | $946 | $79 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Rate information does not factor in Nashville location which can influence prices greatly.
Based on the figures above, using a $100 deductible will cost in the ballpark of $42 more each month or $504 annually than selecting the higher $1,000 deductible. Because you would be required to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you average at a minimum 21 months between claim filings, you would probably come out ahead by going with a higher deductible. Below is the way this determination is made.
| Average monthly premium for $100 deductibles: | $121 |
| Average monthly premium for $1,000 deductibles (subtract): | – $79 |
| Monthly savings from raising deductible: | $42 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $42 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 21 months |
The illustration below shows how choosing a deductible and can influence Infiniti M45 insurance premiums for different ages of insureds. The price estimates are based on a married female driver, comprehensive and collision coverage, and no additional discounts are factored in.
Impact of careless driving on Nashville insurance rates
The chart below illustrates how speeding tickets and accidents can raise Infiniti M45 auto insurance rates for different age categories. The premium estimates are based on a married male driver, full coverage, $1,000 deductibles, and no discounts are applied to the premium.
Full coverage rates compared to liability-only
The example below shows the comparison of Infiniti M45 premium costs with full physical damage coverage and with liability coverage only. The data is based on no claims or violations, $250 deductibles, drivers are single, and no discounts are applied.
When to drop comprehensive and collision coverage
There is no exact formula for dropping physical damage coverage on your policy, but there is a broad guideline. If the annual cost of your full coverage insurance is more than 10% of the replacement cost minus the deductible, then you might want to consider buying only liability coverage.
For example, let’s say your Infiniti M45 book value is $9,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company will settle for is $8,000 after the deductible is paid. If you are currently paying more than $800 annually for your policy with full coverage, then it might be time to consider dropping full coverage.
There are some cases where removing full coverage is not advised. If you still have a loan on your vehicle, you have to carry full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not remove full coverage.
What is the best auto insurance coverage?
Always keep in mind that when comparing coverage for your personal vehicles, there really is not a “perfect” insurance plan. Your financial needs are unique so your insurance needs to address that.
Here are some questions about coverages that can aid in determining if your situation may require specific advice.
- How much liability do I need to cover my assets?
- Do I need replacement cost coverage?
- How many claims can I have before being canceled?
- Will my Infiniti M45 be repaired with OEM or aftermarket parts?
- Does insurance cover damages from a DUI accident?
- Am I covered if I hit a deer?
- Who does medical payments coverage extend to?
- What does medical payments cover?
- Are my custom wheels covered?
If it’s difficult to answer those questions, you might consider talking to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and can help protect your family.
When to get advice from a local insurance agent
Certain consumers would prefer to sit down with an agent and there is nothing wrong with that. Agents can answer important questions and give you someone to call. An additional benefit of price shopping on the web is that drivers can save money and get cheaper prices but also keep your business local.
To help locate an agent, after submitting this form (opens in new window), your coverage information is instantly submitted to local insurance agents in Nashville that can give you free Nashville auto insurance quotes and help you find cheaper coverage. You won’t even need to leave your computer because prices are sent to you directly. If you need to quote rates from a specific insurance company, don’t hesitate to find their quoting web page and submit a quote form there.
Picking an insurer is decision based upon more than just a low price. Here are some questions to ask:
- If your car is totaled, how to they determine the replacement cost?
- Can glass repairs be made at your home?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Can they provide you with a list of referrals?
- In the event of vehicle damage, can you pick the collision repair facility?
- Who are their largest clients?
- What company holds the largest book of business for them?
When looking for a reliable insurance agency, there are a couple of different types of agencies and how they work. Agents in Nashville are categorized either independent or exclusive depending on the company they work for. Either type can insure your vehicles, but it’s important to point out why they differ since it can affect the kind of agent you use.
Exclusive Car Insurance Agents
Agents that choose to be exclusive can only write with one company and examples are State Farm, AAA, Farmers Insurance or Allstate. Exclusive agents are unable to shop your coverage around so keep that in mind. They are usually well trained on their products and sales techniques which can be an advantage. A lot of people use the same agent partially due to the prominence of the brand and the convenience of having a single billing for all their coverages.
Below is a list of exclusive insurance agents in Nashville who may provide you with rate quotes.
- Jordan Drake – State Farm Insurance Agent
345 Harrison St – Nashville, TN 37219 – (615) 826-1200 – View Map - Lester McClain – State Farm Insurance Agent
2209 Crestmoor Rd #200 – Nashville, TN 37215 – (615) 383-0449 – View Map - Barbara Stewart – State Farm Insurance Agent
3055 Lebanon Pike #2103 – Nashville, TN 37214 – (615) 391-5300 – View Map
Independent Car Insurance Agencies
Agents that choose to be independent are appointed with more than one company so they can quote policies through many companies depending on which coverage is best. If your premiums go up, the agent simply finds a different carrier and you won’t have to switch agencies. When shopping rates, it’s a good idea to get quotes from a couple of independent agencies for maximum quote selection. Most also have access to companies that do not advertise much who may have lower rates.
Below are Nashville independent agencies that are able to give comparison quotes.
- HQ Insurance, Inc.
2451 Atrium Way – Nashville, TN 37214 – (615) 884-3535 – View Map - Greater Nashville Insurance
208 McGavock Pike A – Nashville, TN 37214 – (615) 885-5882 – View Map - Spann Agency
710 Thompson Ln – Nashville, TN 37204 – (615) 383-8000 – View Map
After getting acceptable answers to any questions you have as well as a price you’re happy with, you may have found an insurance agent that can be trusted to properly service your car insurance policy.
Compare but don’t skimp
Cheaper Infiniti M45 insurance in Nashville can be bought on the web and from local agencies, so you need to shop Nashville auto insurance with both in order to have the best price selection to choose from. There are still a few companies who may not have rate quotes online and most of the time these regional carriers sell through independent insurance agents.
As you shop your coverage around, don’t be tempted to buy poor coverage just to save money. Too many times, consumers will sacrifice comprehensive coverage or liability limits to discover at claim time that it was a big error on their part. The ultimate goal is to purchase plenty of coverage at a price you can afford, not the least amount of coverage.
Other learning opportunities
- Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)
- Who Has Affordable Car Insurance for Hybrid Vehicles in Nashville? (FAQ)
- Who Has Cheap Auto Insurance Rates for a Toyota Highlander in Nashville? (FAQ)
- How Much are Auto Insurance Quotes for State Employees in Nashville? (FAQ)
- How Much are Auto Insurance Rates for Good Drivers in Nashville? (FAQ)
- Who Has Affordable Auto Insurance for a Subaru Outback in Nashville? (FAQ)
- Who Has Cheap Nashville Car Insurance Quotes for Drivers with a DUI? (FAQ)
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)
- Protecting Teens from Drunk Driving (Insurance Information Institute)
- Determining Auto Insurance Rates (GEICO)
- What is Covered by GAP Insurance? (Allstate)