Overwhelmed by the crazy number of auto insurance providers that you can choose from? You’re not alone. There are such a vast assortment of providers available that it can easily turn into a real difficult job to find a more affordable company. Lots of people think Nashville is the perfect city to reside in, but budgeting for expensive auto insurance can make it hard for many residents to meet other financial obligations.
It’s a known fact that car insurance companies want to keep you from comparing prices. People who compare price quotes are very likely to switch auto insurance companies because of the good chance of finding a lower-cost company. A study showed that people who compared price quotes annually saved approximately $3,450 over four years compared to people who never compared rates.
If finding budget-friendly insurance is your objective, then learning a little about the best way to quote and compare insurance premiums can make shopping around easier.
It’s important to shop coverage around quite often since insurance prices are constantly changing. If you had the best deal on Chevy Avalanche insurance in Nashville six months ago you can probably find a better premium rate now. Forget anything you know (or think you know) about auto insurance because we’re going to demonstrate the best methods to eliminate unnecessary coverages and save money on Chevy Avalanche insurance in Nashville.
If you currently have a car insurance policy, you will be able to buy cheaper auto insurance using this information. Shopping for more affordable auto insurance in Nashville is actually quite simple. But Tennessee vehicle owners must learn the methods companies use to market on the web because rates fluctuate considerably.
The quickest method to compare car insurance company rates for Chevy Avalanche insurance in Nashville is to know the trick most of the larger companies participate in online systems to give rate comparisons. The only thing you need to do is provide details such as if you require a SR-22, whether your vehicle is owned or leased, your job, and the ages of drivers. Those rating factors is automatically sent to many highly-rated insurers and you will get price comparisons almost instantly.
If you wish to get multiple quotes for your Chevy Avalanche now, click here and complete the form.
The following companies have been selected to offer comparison quotes in Tennessee. If you want to find the best cheap auto insurance in TN, it’s a good idea that you visit two to three different companies in order to find the lowest rates.
Insurance coverage details
The premium table displayed below covers a range of insurance policy prices for Chevy Avalanche models. Being able to understand how insurance prices are determined can be valuable when making smart choices when comparing insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Avalanche LS 2WD||$134||$232||$380||$22||$114||$882||$74|
|Avalanche LT 2WD||$134||$274||$380||$22||$114||$924||$77|
|Avalanche LS 4WD||$134||$274||$380||$22||$114||$924||$77|
|Avalanche LT 4WD||$134||$274||$380||$22||$114||$924||$77|
|Avalanche LTZ 2WD||$150||$274||$380||$22||$114||$940||$78|
|Avalanche LTZ 4WD||$150||$274||$380||$22||$114||$940||$78|
|Get Your Own Custom Quote Go|
Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, safe-driver, and multi-vehicle. Estimates do not factor in the specific area where the vehicle is garaged which can increase or decrease price quotes significantly.
Auto insurance deductibles
When buying auto insurance, a common question is how high or low should comp and collision deductibles be. The following insurance rates help summarize the costs and benefits of buying low and high deductibles. The first rate table uses a $250 deductible for comprehensive and collision coverage and the second set of prices uses a $500 deductible.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Avalanche LS 2WD||$252||$376||$360||$22||$108||$1,143||$95|
|Avalanche LT 2WD||$252||$444||$360||$22||$108||$1,211||$101|
|Avalanche LS 4WD||$252||$444||$360||$22||$108||$1,211||$101|
|Avalanche LT 4WD||$252||$444||$360||$22||$108||$1,211||$101|
|Avalanche LTZ 2WD||$280||$444||$360||$22||$108||$1,239||$103|
|Avalanche LTZ 4WD||$280||$444||$360||$22||$108||$1,239||$103|
|Get Your Own Custom Quote Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Avalanche LS 2WD||$204||$304||$360||$22||$108||$998||$83|
|Avalanche LT 2WD||$204||$358||$360||$22||$108||$1,052||$88|
|Avalanche LS 4WD||$204||$358||$360||$22||$108||$1,052||$88|
|Avalanche LT 4WD||$204||$358||$360||$22||$108||$1,052||$88|
|Avalanche LTZ 2WD||$228||$358||$360||$22||$108||$1,076||$90|
|Avalanche LTZ 4WD||$228||$358||$360||$22||$108||$1,076||$90|
|Get Your Own Custom Quote Go|
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Price information does not factor in specific location which can increase or decrease auto insurance rates greatly.
Using the premium rates above, we can conclude that using a $250 deductible will cost in the ballpark of $13 more each month or $156 a year than opting for the higher $500 deductible. Since the policyholder would be required to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you normally average at least 19 months between claims, you would more than likely save some money if you decide on a higher deductible.
How to determine if higher deductibles are a good idea
|Average monthly premium for $250 deductibles:||$101|
|Average monthly premium for $500 deductibles (subtract):||– $88|
|Monthly savings from raising deductible:||$13|
|Difference between deductibles ($500 – $250):||$250|
|Divide difference by monthly savings:||$250 / $13|
|Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible||19 months|
One important note is that increasing deductibles to lower your rates means you will have to pay more of your own money when you have to file a claim. It will be required that you have enough money put aside in the event you have to pay the higher deductible in order to repair your vehicle.
The information below illustrates how your choice of deductibles and can impact Chevy Avalanche insurance costs for different age groups of insureds. The rate quotes are based on a married male driver, comprehensive and collision coverage, and no other discounts are factored in.
How careless driving impacts auto insurance rates
The example below illustrates how traffic citations and fender-benders influence Chevy Avalanche insurance prices for each different age category. The premiums are based on a married male driver, full coverage, $100 deductibles, and no discounts are applied to the premium.
Full coverage versus liability only rates
The illustration below shows the difference between Chevy Avalanche premium costs with full physical damage coverage compared to only buying liability only. The premium estimates are based on no violations or accidents, $500 deductibles, drivers are not married, and no discounts are factored in.
When to stop paying for full coverage
There is no set rule for dropping comp and collision coverage, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than around 10% of the replacement cost minus the deductible, then it might be time to buy liability only.
For example, let’s pretend your Chevy Avalanche replacement cost is $7,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $6,000 after you pay the deductible. If premiums are more than $600 annually for full coverage, the it may be a good time to stop paying for full coverage.
There are some scenarios where removing full coverage is not financially feasible. If you haven’t paid off your loan, you must maintain physical damage coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should maintain full coverage.
Three reasons to not skimp on insurance
Despite the high cost of buying insurance for a Chevy Avalanche in Nashville, buying insurance is required in Tennessee but it also protects you in many ways.
- Just about all states have minimum liability requirements which means it is punishable by state law to not carry a specific minimum amount of liability if you don’t want to risk a ticket. In Tennessee these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If your Avalanche has a lienholder, it’s guaranteed your bank will require that you have full coverage to ensure loan repayment if the vehicle is totaled. If coverage lapses or is canceled, the bank will be required to insure your Chevy for a much higher rate and require you to reimburse them for it.
- Insurance protects both your assets and your car. It will also pay for medical transport and hospital expenses for you, your passengers, and anyone else injured in an accident. Liability insurance will also pay for a defense attorney if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, your policy will cover the damage repairs after a deductible is paid.
The benefits of having insurance are without a doubt worth the cost, specifically if you ever have a liability claim. In a recent study of 1,000 drivers, the average customer is wasting up to $810 a year so smart consumers compare quotes at every policy renewal to save money.
Insurance Premium Influencing Factors
Part of the car insurance buying process is learning the rating factors that go into determining the level of your policy premiums. If you have a feel for what controls the rates you pay, this empowers consumers to make smart changes that could result in much lower annual insurance costs. Many things are considered when you quote your car insurance policy. Some of the criteria are obvious such as traffic violations, although some other factors are not as apparent like your vehicle usage or your commute time.
Get hitched and pay less – Walking down the aisle may earn you lower rates on car insurance. Having a significant other means you’re more financially stable it has been statistically shown that drivers who are married file infrequent claims.
Save money with alarms and GPS tracking – Buying a car with advanced anti-theft systems can save you a little every year. Systems that thwart thieves such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping car theft and help bring rates down.
Guys pay more for car insurance – Over time, data shows females are less aggressive when driving. However, don’t assume that females are better at driving than males. Males and females cause at-fault accidents in similar numbers, but the male of the species get into accidents with more damage. They also have more aggressive citations such as driving while intoxicated (DWI) or driving recklessly. Youthful male drivers tend to get in the most accidents and are penalized with high car insurance rates.
The chart below compares Chevy Avalanche car insurance costs for male and female drivers. The premiums are based on no violations or claims, comprehensive and collision coverage, $250 deductibles, marital status is single, and no discounts are factored in.
Add-on coverages that aren’t used – There are many additional extra coverages that sound like a good idea at the time if you aren’t diligent. Coverage for things like rental car coverage, accidental death, and Farm Bureau memberships are some examples. They may seem good when you first buy your policy, but your needs may have changed so remove them from your policy.
Car and home together may be cheaper – Most larger car insurance companies give a discount to buyers that purchase more than one policy, otherwise known as a multi-policy discount. Discounts can be as much as ten percent or more Even if you qualify for this discount already, you still need to check prices from other companies to ensure the best deal. It’s possible to still save more without the discount by buying insurance from more than one company.
Drive less and get lower premiums – The more miles you rack up on your Chevy in a year the more it will cost to insure it. The majority of insurers charge rates based upon how you use the vehicle. Vehicles that do not get driven very much receive lower rates as compared to vehicles used primarily for driving to work. It’s a smart idea to ensure your declarations sheet correctly shows the proper vehicle usage. An improperly rated Avalanche can result in significantly higher rates.
Poor credit score equals high prices – Credit history is a big factor in your rate calculation. Therefore, if your credit rating is lower than you’d like, you could pay less to insure your Chevrolet Avalanche by improving your credit score. Insureds that have excellent credit scores tend to be better drivers and file fewer claims than drivers who have lower credit scores.
Safeguard your assets with liability coverage – The liability section of your policy is the protection in the event that you are found to be at fault for an accident. Liability insurance provides you with a defense in court starting from day one. This coverage is very inexpensive when compared to the cost of physical damage coverage, so drivers should carry high limits.
Cheaper Nashville insurance rates with discounts
Insurance can be prohibitively expensive, but you can get discounts to help bring down the price. Certain discounts will be applied at the time you complete a quote, but a few need to be specially asked for prior to getting the savings.
- Student Discounts – This discount can be rewarded with saving of up to 25%. You can use this discount normally up until you turn 25.
- Active Military Service – Being on active deployment in the military could mean lower insurance rates.
- E-sign – A few insurance companies will discount your bill up to fifty bucks for buying a policy and signing up on the web.
- Federal Employees – Active or retired federal employment could qualify for a slight premium decrease with some insurance companies.
- Early Renewal Discounts – Select insurance companies give a discount for buying a policy early. It’s a savings of about 10%.
- Claim Free – Claim-free drivers pay less when compared with drivers who are more careless.
- Anti-lock Brake System – Anti-lock brake equipped vehicles have fewer accidents so companies give up to a 10% discount.
- Seat Belts Save – Drivers who require all occupants to fasten their seat belts can save a little on medical payment and PIP coverage.
- Own a Home and Save – Owning a house in Nashville can get you a discount since owning and maintaining a home is proof that your finances are in order.
- Fewer Miles Equal More Savings – Fewer annual miles on your Chevy may enable drivers to earn better insurance rates on cars that stay parked.
Discounts reduce rates, but you should keep in mind that most of the big mark downs will not be given to the overall cost of the policy. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. So when the math indicates adding up those discounts means a free policy, it’s just not the way it works. But any discount should help reduce the premium cost.
The diagram below shows the difference between Chevy Avalanche annual premium costs with and without discounts applied. The information is based on a female driver, no claims, a clean driving record, Tennessee state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, homeowner, marriage, safe-driver, and multi-policy discounts applied.
Insurance companies who might offer most of these discounts may include but are not limited to:
When comparing rates, check with all companies you are considering how you can save money. All car insurance discounts might not be offered in your state.
How do I know if I need professional advice?
When quoting and comparing coverage for your personal vehicles, there really is not a perfect coverage plan. Everyone’s situation is unique.
For instance, these questions could help you determine whether you would benefit from an agent’s advice.
- When should I buy a commercial auto policy?
- How long can I keep a teen driver on my policy?
- Am I covered when driving in Canada or Mexico?
- What are the financial responsibility laws in my state?
- Do I have any recourse if my insurance company denies a claim?
- Should I buy additional glass protection?
- I have health insurance so do I need medical payments coverage?
- Is a fancy paint job covered?
- How can I get high-risk coverage after a DUI?
- Are split liability limits better than a combined single limit?
If you’re not sure about those questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form.
What if I want to buy from local Nashville car insurance agents?
Many people would rather talk to a local agent and that is not a bad decision One of the benefits of comparing insurance prices online is the fact that drivers can get the lowest rates and still buy from a local agent. Buying insurance from neighborhood insurance agencies is important especially in Nashville.
Once you complete this simple form, your information is transmitted to companies in Nashville who want to provide quotes and help you find cheaper coverage. There is no need to contact an agency since rate quotes are delivered to you. Get lower rates and an insurance agent to talk to. In the event you want to get a rate quote from a particular provider, feel free to visit that company’s website and fill out their quote form.
If you want to use a reliable insurance agent, it can be helpful to understand the different agency structures and how they operate. Insurance agencies are considered either exclusive or independent agents depending on their company appointments.
Independent Insurance Agents (or Brokers)
These agents do not have single company limitations so they can quote policies with multiple insurance companies and find you the best rates. If your agent finds better pricing, your policy is moved internally and you don’t have to do anything.
When searching for an agent, you will definitely want to get insurance quotes from several independent insurance agents so that you have a good selection of quotes to compare. Most independent agents also contract with smaller companies that can offer cheaper rates than bigger companies.
The following are independent agents in Nashville that may be able to give competitive price quotes.
- Sturdivant Insurance
1400 Forrest Ave – Nashville, TN 37206 – (615) 943-4962 – View Map
- HQ Insurance, Inc.
2451 Atrium Way – Nashville, TN 37214 – (615) 884-3535 – View Map
- Nationwide Insurance: Eric Pirtle Insurance Agency
2630 Old Lebanon Rd – Nashville, TN 37214 – (615) 889-3640 – View Map
Exclusive Insurance Agencies
These agents generally can only insure with one company and examples are AAA, Allstate, State Farm, or Farmers Insurance. They are unable to provide rate quotes from other companies so they really need to provide good service. Exclusive agencies receive extensive training on sales techniques which helps them sell on service rather than price. Some people will only choose to use an exclusive agent partially due to the brand name rather than low rates.
Below are exclusive insurance agencies in Nashville that can give you rate quotes.
- Terry W Jones – State Farm Insurance Agent
545 Mainstream Dr Ste 104 – Nashville, TN 37228 – (615) 256-6066 – View Map
- Heather Farmer State Farm Insurance
6592 TN-100 Suite 2 – Nashville, TN 37205 – (615) 356-6503 – View Map
- Mike Maclean – State Farm Insurance Agent
3922 Gallatin Pike – Nashville, TN 37216 – (615) 891-1241 – View Map
Choosing an car insurance agent shouldn’t rely on just the premium amount. Below are some questions you should ask.
- How long have they worked with personal auto insurance coverage?
- Do the companies they represent have a solid financial rating?
- What insurance company do they write the most business with?
- By raising physical damage deductibles, how much would you save?
- What is the agency’s Better Business Bureau rating?
- How does the company pay claims for a total loss?
Get the best coverage at the most affordable price
Cost effective Chevy Avalanche insurance can be sourced from both online companies and also from your neighborhood Nashville agents, so you need to shop Nashville auto insurance with both to have the best rate selection. A few companies may not offer rate quotes online and most of the time these regional insurance providers only sell coverage through local independent agencies.
We just covered many ideas to shop for Chevy Avalanche insurance online. The key concept to understand is the more companies you get car insurance rates for, the better your comparison will be. You may even be surprised to find that the best price on insurance is with the least-expected company.
People who switch companies do it for a number of reasons such as being labeled a high risk driver, an unsatisfactory settlement offer, policy non-renewal and questionable increases in premium. It doesn’t matter why you want to switch finding a great new company is less work than it seems.
How to find low-cost rates for Chevy Avalanche insurance in Nashville
The preferred way to find the cheapest price for Chevy Avalanche insurance in Nashville is to start doing an annual price comparison from different companies in Tennessee. Prices can be compared by following these guidelines.
- Read and learn about individual coverages and the factors you can control to keep rates down. Many things that result in higher prices such as traffic violations and a negative credit score can be remedied by making small lifestyle or driving habit changes.
- Compare price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only give prices from one company like Progressive or State Farm, while independent agents can quote prices for a wide range of insurance providers.
- Compare the new rate quotes to your current policy premium to see if you can save by switching companies. If you can save money and change companies, make sure coverage does not lapse between policies.
- Tell your current company of your intention to cancel your current auto insurance policy. Submit payment along with a signed and completed policy application for your new coverage. Once the application is submitted, put the new proof of insurance paperwork in an accessible location in your vehicle.
A tip to remember is that you’ll want to make sure you compare identical coverage information on every price quote and and to analyze as many different insurance providers as possible. Doing this ensures a level playing field and a complete rate analysis.
For more information, feel free to visit the articles below:
- No-Fault Auto Insurance Statistics (Insurance Information Institute)
- Who Has the Cheapest Nashville Auto Insurance for a Jeep Wrangler? (FAQ)
- Who Has Affordable Nashville Car Insurance Rates for Drivers Under 21? (FAQ)
- Five Mistakes to Avoid (Insurance Information Institute)
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)
- Steps to Take After an Auto Accident (Insurance Information Institute)
- What is Covered by GAP Insurance? (Allstate)