Dodge Charger Insurance Rates in Nashville

It’s a fact that car insurance companies don’t want customers comparing rates. Insureds who compare rates once a year are inclined to buy a new policy because there is a significant possibility of finding discount prices. A survey found that drivers who faithfully checked for cheaper rates saved as much as $70 a month compared to people who never shopped around.

If finding discount rates on insurance is why you’re reading this, understanding the best way to quote and compare cheaper coverage can make it easier for you to save money.

To save the most money, the best way to get affordable Dodge Charger insurance is to regularly compare prices from insurers in Nashville.

1. It will benefit you to learn about the different coverages in a policy and the factors you can control to prevent expensive coverage. Many things that cause rate increases like speeding tickets, careless driving and a poor credit score can be rectified by being financially responsible and driving safely.
2. Get rate quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from a single company like Progressive or Allstate, while agents who are independent can provide price quotes for a wide range of insurance providers.
3. Compare the quotes to your current policy premium to see if switching to a new carrier will save money. If you find better rates, make sure there is no lapse between the expiration of your current policy and the new one.
4. Notify your company or agent of your intent to cancel your current policy. Submit a down payment along with a completed application for your new coverage. Once coverage is bound, put the certificate verifying coverage with your vehicle’s registration.

One key aspect of rate comparisons is to use similar limits and deductibles on each price quote and and to get price quotes from as many companies as possible. This helps ensure an apples-to-apples comparison and plenty of rates choose from.

If you are already insured, you will surely be able to find the best rates using the techniques presented in this article. Finding the cheapest car insurance coverage in Nashville can be easy if you know a few tricks. Although Tennessee drivers need to learn the way companies charge you for coverage.

You Can Change Your Insurance Premiums

Consumers need to have an understanding of some of the factors that help calculate your car insurance rates. If you understand what determines base rates, this allows you to make good choices that can earn you cheaper rates.

The factors shown below are a few of the “ingredients” that factor into prices.

Higher car insurance rates for coverage lapses – Going without insurance can be a quick way to increase your renewal premiums. In addition to paying higher premiums, not being able to provide proof of insurance can result in fines and jail time. You may need to provide proof of insurance in the form of an SR-22 filing with the Tennessee motor vehicle department.

Vocation can influence rates – Careers like military generals, executives, and emergency personnel generally have the highest rates due to intense work requirements and long work hours. Other jobs such as professors, students and retirees pay the least.

Performance makes a difference – The make and model of the vehicle you are buying insurance for makes a big difference in your car insurance bill. The lowest performance passenger cars usually have the lowest rates, but there are many factors that impact the final cost.

The data below uses these assumptions: single male driver age 30, full coverage with $100 deductibles, and no discounts or violations. It shows Dodge Charger insurance premiums compared to other makes and models that have a range of performances.

Vehicle theft costs us all – Owning a car with anti-theft technology or alarm system can get you a discount on your car insurance. Anti-theft devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all help prevent auto theft and help lower rates.

Cars with good safety ratings cost less to insure – Cars with five star safety ratings tend to have better insurance rates. These vehicles reduce the chance of injuries and reduced instances of injuries translates into fewer and smaller insurance claims which can mean better rates for you.

Guys pay higher prices – Statistics have proven females are less aggressive when driving. The data does not necessarily mean that women are better drivers. They both are responsible for auto accidents in similar percentages, but the men cause more damage and cost insurance companies more money. Not only are claims higher, but men get more serious tickets like driving under the influence (DUI).

The example below shows the comparison of Dodge Charger insurance costs for male and female drivers. The price estimates are based on a clean driving record, no at-fault accidents, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no discounts are taken into consideration.

Avoid traffic tickets – Your driving citation history can have a huge impact on auto insurance premiums. Just one driving citation can increase the cost of insurance to the point where it’s not affordable. Drivers with clean records get better rates than their less careful counterparts. Drivers unfortunate enough to have flagrant violations such as DUI or reckless driving may face state-mandated requirements to maintain a SR-22 with their state’s department of motor vehicles in order to prevent their license from being revoked.

The information below shows how speeding tickets and accidents can increase Dodge Charger car insurance costs for different categories of driver ages. Data assumes a married female driver, comp and collision included, $500 deductibles, and no discounts are applied to the premium.

Drive less and get lower costs – The more you drive every year the more you’ll pay to insure it. A lot of companies charge rates based upon how much you drive. Autos that do not get driven very much cost less to insure than those that get driven frequently. Incorrect rating for your Charger is throwing money out the window. Verify your car insurance policy correctly shows annual mileage.

Insurance loss data for a Dodge Charger – Insurance companies use statistical claims data as a way to help calculate a profitable premium price. Models that are shown to have higher frequency or amount of claims will cost more for coverage.

The table below outlines the loss history for Dodge Charger vehicles. For each type of coverage, the claim amount for all vehicles, as an average, is equal to 100. Values that are under 100 suggest losses that are better than average, while values over 100 point to more claims or larger claims.

Most companies give coverage prices from their websites. This process is easy for anyone because you just enter your required coverages into the form. After you complete the form, the quote system makes automated requests for your credit score and driving record and returns pricing information. This makes it a lot easier to compare rates and it’s also necessary to have as many quotes as possible if you want to find a lower rate.

To save time and fill out one form to compare multiple rates now, compare rates from the companies below. If you have a policy now, it’s recommended you duplicate coverages and limits exactly as shown on your declarations page. This ensures you are getting comparison quotes for exact coverage.

The following companies provide quotes in Nashville, TN. If you want to find cheaper auto insurance in Nashville, it’s highly recommended you visit two to three different companies to get a more complete price comparison.

Analysis of coverages

The price information displayed below highlights estimates of insurance rates for Dodge Charger models. Having a good grasp of how rate quotes are formulated can help customers make decisions when shopping your coverage around.

Cost estimates assume married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Tennessee minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Estimates do not factor in specific location which can change auto insurance rates considerably.

Higher deductibles lower rates

A question often asked by Nashville drivers is where to set your physical damage deductibles. The comparisons below summarize the rate differences of buying low and high comp and collision deductibles. The first pricing table uses a $100 deductible for comp and collision and the second data table uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Price estimates do not factor in specific location which can revise premium rates considerably.

We can derive from the above data that using a $100 deductible costs an average of $24 more each month or $288 each year across all Dodge Charger models than opting for the higher $500 deductible. Because you would pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you tend to go more than 17 months between claim filings, you would save money if you choose the higher deductible.

One important note is that raising deductibles means you will have to pay more if you have a claim. You will want to have enough savings in order to pay the higher deductible in order to repair your vehicle.

The chart below highlights how deductible selection and can impact Dodge Charger insurance prices for different insured age categories. The costs are based on a single male driver, comp and collision included, and no discounts are applied to the premium.

Here’s why insurance is not optional

Despite the fact that insurance is not cheap in Nashville, maintaining insurance serves a purpose in several ways.

• Just about all states have mandatory liability insurance requirements which means it is punishable by state law to not carry a specific minimum amount of liability protection if you want to drive legally. 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 you bought your Dodge with a loan, it’s guaranteed your bank will have a requirement that you buy full coverage to ensure loan repayment if the vehicle is totaled. If the policy lapses, the lender may have to buy a policy to insure your Dodge for a lot more money and force you to reimburse them the higher premium.
• Insurance protects your car and your assets. It will also pay for most medical and hospital costs for both you and anyone you injure as the result of an accident. Liability coverage, the one required by state law, also pays expenses related to your legal defense if someone files suit against you as the result of an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and collision coverage will cover the repair costs.

The benefits of insuring your car are definitely more than the cost, particularly for liability claims. Despite what companies tell you, the average driver is overpaying over $865 each year so we recommend shopping around each time the policy renews to ensure rates are inline.

Nashville car insurance discounts

Insurance can cost an arm and a leg, but there are discounts available that could drop your premiums quite a bit. Some of these discounts will be visible at quote time, but a few must be inquired about before you get the savings. If you don’t get every credit available, it’s possible you qualify for a lower rate.

• Discount for Good Grades – Maintaining excellent grades can earn a discount of 20% or more. The good student discount can last up until you turn 25.
• Seat Belt Discounts – Drivers who always wear seat belts and also require passengers to wear their seat belts can save up to 10 percent (depending on the company) on medical payment and PIP coverage.
• Accident Free – Insureds with no claims or accidents pay much less as opposed to drivers who are more careless.
• Sign Early and Save – A few larger companies allow discounts for switching policies prior to your current Charger insurance policy expiration. You may see this discount when you get Nashville car insurance quotes online.
• Theft Deterrent – Vehicles that have factory alarm systems and tracking devices can help prevent theft and earn discounts up to 10% off your Nashville car insurance quote.
• Club Memberships – Affiliation with a civic or occupational organization in Nashville is a simple method to lower premiums on your next car insurance statement.
• Save over 55 – If you’re over the age of 55, you are able to get reduced rates.
• Early Payment Discounts – By paying your policy upfront rather than paying monthly you can avoid the installment charge.
• Defensive Driving Course – Participating in a safe driver class could save 5% or more and easily recoup the cost of the course.
• ABS and Traction Control Discounts – Cars and trucks with anti-lock braking systems can reduce accidents and will save you 10% or more on Charger insurance in Nashville.

Discounts save money, but please remember that most discount credits are not given to your bottom line cost. Most only reduce individual premiums such as physical damage coverage or medical payments. So even though they make it sound like all those discounts means the company will pay you, company stockholders wouldn’t be very happy. But all discounts will bring down your premiums.

The example below shows the difference between Dodge Charger insurance costs with and without discounts applied to the rates. The data is based on a female driver, no driving violations, no at-fault accidents, 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 multi-car, marriage, multi-policy, claim-free, safe-driver, and homeowner discounts applied.

Larger car insurance companies and some of their more popular discounts are included below.

• 21st Century may offer discounts for air bags, good student, student driver, defensive driver, anti-lock brakes, and homeowners.
• State Farm has savings for accident-free, Drive Safe & Save, Steer Clear safe driver discount, multiple autos, student away at school, and good student.
• AAA has discounts for education and occupation, multi-policy, anti-theft, multi-car, pay-in-full, and good driver.
• Liberty Mutual offers discounts including good student, hybrid vehicle, preferred payment discount, safety features, multi-car, and teen driver discount.
• Progressive offers discounts for good student, homeowner, multi-vehicle, online signing, online quote discount, and continuous coverage.

When quoting, ask every insurance company to apply every possible discount. Savings might not be offered everywhere. To choose car insurance companies who offer car insurance discounts in Tennessee, click here to view.

You may want advice from an agent

A small number of people still like to get advice from a local agent and that can be a great decision One of the best bonuses of comparing rates online is you can get cheap auto insurance quotes and still buy from a local agent. And providing support for local agencies is important especially in Nashville.

Upon completion of this short form, your information is submitted to insurance agents in Nashville who will give competitive quotes for your coverage. It’s much easier because you don’t need to leave your computer since rate quotes are delivered instantly to you. You’ll get the best rates AND a local agent. In the event you want to compare rates for a specific company, you would need to navigate to their website and give them your coverage information.

If you’re trying to find a reliable insurance agent, there are a couple of different types of agents to choose from. Agencies in Nashville are categorized either exclusive agents or independent agents.

Independent Agents (or Brokers)

Agents that choose to be independent are not required to write business for one company so as a result can place your coverage with any number of different companies and get the cheapest rates. If they quote lower rates, they simply move the coverage in-house which requires no work on your part. When comparing auto insurance rates, you should always include independent agents for maximum quote selection.

Below are independent agents in Nashville who may provide free auto insurance rate quotes.

More Nashville agents

Exclusive Agents

Agents in the exclusive channel write business for a single company and examples are Allstate, State Farm and Farmers Insurance. Exclusive agents cannot place coverage with different providers so it’s a take it or leave it situation. Exclusive insurance agents are usually well trained on their products and sales techniques and that can be a competitive advantage.

Shown below is a list of exclusive insurance agents in Nashville who can help you get price quotes.

More Nashville agents

Deciding on an insurance agent requires more thought than just the quoted price. Any agent in Nashville should have no problem answering these questions:

• Who is covered by the car insurance policy?
• Which insurance company do they prefer to write with?
• Will they take your side in the event of a claim?
• Do you need full coverage on every vehicle?
• Which insurance companies are they affiliated with?
• Do they see any coverage gaps in your plan?

Upon getting acceptable answers to your questions as well as a price you’re happy with, it’s possible that you found an insurance agent that meets the requirements to properly insure your vehicles. Just be aware that you can always terminate coverage for any reason so don’t feel that you are permanently stuck with any specific agency for a certain time period.

Will just any policy work for me?

When choosing your policy, there really is not a perfect coverage plan. Coverage needs to be tailored to your specific needs and your insurance should be unique as well.
For example, these questions might help in determining whether or not you might need an agent’s assistance.

• What are the best liability limits?
• Does coverage extend to a rental car in a foreign country?
• Do I have coverage if my license is suspended?
• Why do I have to buy liability insurance?
• Should I carry comprehensive and collision coverage?
• Can I afford low physical damage deductibles?

If you don’t know the answers to these questions, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance companies in your area.

Persistence is the key to affordable rates

As you go through the steps to switch your coverage, you should never skimp on critical coverages to save a buck or two. There are too many instances where consumers will sacrifice physical damage coverage only to discover later that a couple dollars of savings turned into a financial nightmare. The goal is to buy enough coverage at a price you can afford while still protecting your assets.

We’ve covered a lot of ways to shop for Dodge Charger insurance online. The key concept to understand is the more rate comparisons you have, the better your comparison will be. You may even discover the best price on insurance is with a small mutual company. They may often insure only within specific states and give better rates than the large multi-state companies such as State Farm, GEICO and Nationwide.

Additional detailed information can be read at these sites:

• Auto Crash Statistics (Insurance Information Institute)
• Who Has Affordable Nashville Auto Insurance Rates for Felons? (FAQ)
• Who Has the Cheapest Nashville Auto Insurance for a Toyota RAV4? (FAQ)
• Think You’re a Safe Driver? (State Farm)
• What is a Telematics Device? (Allstate)