Affordable Quotes for Dodge Viper Insurance in Nashville

It takes a few minutes, but the best way to find discount car insurance rates in Nashville is to compare quotes annually from providers in Tennessee.

Step 1: Try to learn a little about car insurance and the modifications you can make to drop your rates. Many policy risk factors that cause high rates such as accidents, careless driving, and an unacceptable credit history can be improved by paying attention to minor details.

Step 2: Compare rates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only give prices from one company like GEICO or State Farm, while independent agents can provide prices for many different companies.

Step 3: Compare the quotes to your current policy premium to see if a cheaper price is available in Nashville. If you find a lower rate and buy the policy, make sure coverage is continuous and does not lapse.

Step 4: Tell your current company of your intention to cancel your current auto insurance policy and submit payment and a signed application to the new company. Immediately place the new certificate of insurance along with the vehicle’s registration papers.

One key aspect of rate comparisons is to make sure you enter the same physical damage deductibles and liability limits on each quote and and to get price estimates from as many car insurance companies as possible. Doing this ensures a level playing field and a complete selection of prices.

A recent NerdWallet.com study revealed that almost 70% of insureds have purchased from the same company for well over three years, and 38% of customers have never even compared rates from other companies. Nashville consumers could save themselves as much as 35% a year by just shopping around, but they don’t invest the time required to find affordable insurance by shopping around.

All the larger car insurance companies give prices from their websites. The process is easy for anyone as you simply enter the coverages you want as requested by the quote form. Upon sending the form, their quoting system sends out for credit information and your driving record and quotes a price determined by many factors.

Getting online rates for Dodge Viper insurance in Nashville streamlines rate comparisons, and it is imperative to get many rate quotes in order to find affordable rates.

If you want to get comparison pricing now, consider comparing rates from the companies shown below. If you currently have coverage, we recommend you input the coverages as close as possible to your current policy. Using the same limits helps guarantee you will receive an apples-to-apples comparison for similar insurance coverage.

The companies in the list below are ready to provide comparison quotes in Tennessee. If multiple companies are listed, we suggest you visit two to three different companies to get the best price comparison.

Protect more than your Dodge Viper

Despite the potentially high cost of Dodge Viper insurance, car insurance is required by state law in Tennessee and it also provides benefits you may not be aware of.

• Almost all states have mandatory liability insurance requirements which means it is punishable by state law to not carry a minimum amount of liability protection if you drive a vehicle. 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 Dodge Viper has a lienholder, almost all lenders will stipulate that you buy insurance to guarantee loan repayment. If you do not keep the policy in force, the bank may insure your Dodge at a much higher rate and require you to reimburse them for the much more expensive policy.
• Car insurance preserves not only your car but also your financial assets. It will also reimburse you for hospital and medical expenses for not only you but also any passengers injured in an accident. Liability coverage, the one required by state law, also covers all legal expenses up to the policy limit if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, your car insurance policy will pay all costs to repair after the deductible has been paid.

The benefits of buying enough insurance definitely exceed the cost, specifically if you ever have a liability claim. In a recent study of 1,000 drivers, the average customer is currently overpaying as much as $820 a year so it’s important to compare rates at least once a year to ensure rates are competitive.

Analysis of Dodge Viper rates

The information shown next showcases a range of insurance policy prices for Dodge Viper models. Understanding more about how car insurance prices are figured can be of help when making decisions when choosing a new policy provider.

Prices above based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Tennessee minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Price information does not factor in zip code location which can impact price quotes noticeably.

Raise deductibles and save

The hardest decision when buying coverage is which comprehensive and collision deductibles to buy. The rates shown below can help illustrate the cost difference of buying low and high coverage deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second price 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 homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Price information does not factor in specific garaging location which can modify coverage rates substantially.

Based on this data, we can arrive at the conclusion that using a $250 deductible costs about $22 more each month or $264 for a full year than opting for the higher $500 deductible. Because you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you tend to go at least 11 months between claims, you would save money if you choose a higher deductible.

Cautious Nashville drivers save money

The chart below demonstrates how traffic citations and fender-benders drive up Dodge Viper premium costs for each age group. The premium estimates are based on a married female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied to the premium.

Liability only or full coverage

The chart below shows the difference between Dodge Viper car insurance costs with full physical damage coverage compared to only buying liability only. The rate quotes are based on no driving violations, no at-fault accidents, $500 deductibles, single marital status, and no discounts are taken into consideration.

When to stop buying physical damage coverage

There is no set rule for dropping full coverage, but there is a broad guideline. If the annual cost of coverage is more than around 10% of the settlement you would receive from your company, then you might want to think about dropping full coverage.

For example, let’s pretend your Dodge Viper claim settlement value is $6,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most you would receive is $5,000 after paying the physical damage deductible. If premiums are more than $500 annually for comprehensive and collision coverage, then it might be time to consider dropping full coverage.

There are a few cases where dropping physical damage coverage is not a good plan. If you still have a loan on your vehicle, you have to maintain full coverage as part of the loan conditions. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should not drop full coverage.

Do you qualify for discounts on Dodge Viper insurance in Nashville?

Auto insurance can be pricey, but there could be significant discounts that many consumers don’t even know exist. Many of these discounts will be applied automatically at quote time, but a few must be specifically requested prior to receiving the credit.

• Driver Education Discount – Cut your cost by having your teen driver enroll in driver’s education if it’s offered in school.
• Organization Discounts – Participating in a qualifying organization can get you a small discount on auto insurance.
• Seat Belts Save – Forcing all vehicle occupants to fasten their seat belts can save up to 15% off the PIP or medical payment premium.
• Discounts for Government Workers – Active or former government employment can save as much as 8% depending on your company.
• Low Mileage Discounts – Driving fewer miles can qualify you for lower prices on the low mileage vehicles.
• Good Drivers – Drivers without accidents may receive a discount up to 45% compared to accident prone drivers.
• Air Bags and Passive Restraints – Vehicles equipped with air bags may earn rate discounts of more than 20%.
• Senior Citizen Discount – Drivers over the age of 55 may be able to get a small decrease in premiums.

Keep in mind that some of the credits will not apply to the entire policy premium. Most only reduce individual premiums such as comprehensive or collision. So when the math indicates you could get a free auto insurance policy, company stockholders wouldn’t be very happy.

The chart below shows the comparison of Dodge Viper yearly insurance costs with and without discounts applied to the policy premium. The premiums are based on a female driver, no accidents, no driving violations, Tennessee state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, claim-free, marriage, multi-car, safe-driver, and homeowner discounts applied.

Companies who might offer these discounts include:

• Progressive
• The Hartford
• Mercury Insurance
• GEICO
• AAA
• State Farm

If you need affordable Nashville auto insurance quotes, ask each company or agent which credits you are entitled to. Savings might not be available to policyholders in your area. To locate companies with discount auto insurance rates in Tennessee, click here.

Get rate quotes but buy from a local Nashville insurance agent

A small number of people just want to talk to a local agent and that is a smart decision A good thing about getting online price quotes is you may find cheap insurance quotes and still choose a local agent.

After completing this form (opens in new window), the coverage information is sent to agents in your area who will give competitive quotes and help you find cheaper coverage. You don’t have to contact any agents because prices are sent directly to your email. You can find better rates and an insurance agent to talk to. If you want to get a rate quote for a specific company, you would need to navigate to their website to submit a rate quote request.

Picking an insurance company requires more thought than just the quoted price. The questions below may impact your decision as well.

• Does the agent have a valid license to sell insurance in Tennessee?
• Are they able to influence company decisions when a claim is filed?
• Do they have a Better Business Bureau rating in Nashville?
• By raising physical damage deductibles, how much would you save?
• Which companies do they recommend if they are an independent agency?
• Does the agent help file claims?
• Does the company allow you to choose your own collision repair facility?
• Is the agency active in community causes in Nashville?

Tailor your car insurance coverage to you

When quoting and choosing coverage, there is no perfect coverage plan. Your needs are not the same as everyone else’s so your insurance needs to address that.
For example, these questions can aid in determining if you might need an agent’s assistance.

• Is my camper covered by my car insurance policy?
• Does insurance cover damages from a DUI accident?
• Is pet coverage available?
• Are there any extra discounts I can get?
• How high should my uninsured/underinsured coverage be in Tennessee?
• What is no-fault insurance?
• Can I pay claims out-of-pocket if I buy high deductibles?
• What is motorclub and do I need it?
• Are split liability limits better than a combined single limit?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

Specific coverages for a Dodge Viper

Learning about specific coverages of your car insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. Policy terminology can be ambiguous and coverage can change by endorsement. Below you’ll find the usual coverages found on most car insurance policies.

Medical expense coverage – Medical payments and Personal Injury Protection insurance reimburse you for bills for things like hospital visits, chiropractic care, pain medications, EMT expenses and surgery. They can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. It covers all vehicle occupants and will also cover being hit by a car walking across the street. PIP is not available in all states and may carry a deductible

Collision coverage – Collision insurance will pay to fix damage to your Viper caused by collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like driving through your garage door, colliding with another moving vehicle, sustaining damage from a pot hole, hitting a parking meter and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. You can also bump up the deductible on your Viper in order to get cheaper collision rates.

Uninsured or underinsured coverage – This coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your Dodge Viper.

Due to the fact that many Tennessee drivers only carry the minimum required liability limits (which is 25/50/15), it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive protection – This will pay to fix damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like hitting a deer, theft, damage from flooding and a broken windshield. The most a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Auto liability insurance – This will cover injuries or damage you cause to other’s property or people that is your fault. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 25/50/15 that translate to a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $15,000.

Liability coverage pays for claims like medical expenses, legal defense fees and pain and suffering. How much liability should you purchase? That is your choice, but consider buying as large an amount as possible. Tennessee state minimum liability requirements are 25/50/15 but it’s recommended drivers buy more coverage.

The next chart demonstrates why buying the state minimum limits may not be adequate coverage.

Shop around and save

When trying to cut insurance costs, it’s not a good idea to reduce coverage to reduce premium. Too many times, an insured cut collision coverage and discovered at claim time that they should have had better coverage. The proper strategy is to purchase a proper amount of coverage at an affordable rate.

In this article, we covered a lot of tips how to compare Dodge Viper insurance car insurance rates in Nashville. The key concept to understand is the more companies you get premium rates for, the more likely it is that you will get a better rate. You may even find the best price on auto insurance is with a lesser-known regional company. These smaller insurers may have significantly lower premium rates on certain market segments than their larger competitors like GEICO and State Farm.

Helpful learning opportunities

• What is Covered by GAP Insurance? (Allstate)
• Who Has the Cheapest Nashville Auto Insurance Rates for Drivers Over Age 70? (FAQ)
• Five Mistakes to Avoid (Insurance Information Institute)
• Determining Auto Insurance Rates (GEICO)