Finding reliable, reasonably-priced car insurance is not the easiest thing to accomplish, and deciding which companies offer the cheapest car insurance rates for teenage males takes a little more work. Each auto insurer has their own guidelines for filing rates in each state, so we need to take a look at the overall cheapest car insurance companies in Nashville, TN.
It’s important to understand that Nashville car insurance rates are calculated based on many things which can substantially decrease or increase the policy premium. Things like having a birthday, buying a safer car, or getting a speeding ticket may cause policy rate changes that can now make some companies more affordable than before.
Find the Cheapest Car Insurance for Teens
Utica National may offer some of the most affordable car insurance rates in Nashville at around $744 a year. Auto-Owners, Cincinnati Insurance, Penn National, and USAA would also make the list of some of the cheaper Nashville, TN auto insurance companies.
As the example above demonstrates, if you buy coverage from Penn National and switched to Auto-Owners, you might see a yearly price reduction of in the vicinity of $99. Drivers with USAA could save as much as $102 a year, and Tennessee Farmers customers might cut rates by $124 a year.
To see if your current coverage is too expensive, click here or feel free to get quotes from the companies below.
Remember that these policy prices are averaged across all ages of drivers and types of vehicles and and are not figured with a specific zip code for teenage males. So the insurer that can offer the best rates for your situation may not even be in the list above. That emphasizes why you need to get car insurance quotes using your own individual information.
The make and model of vehicle requiring coverage is probably the largest consideration when comparison shopping for the best car insurance for teenage males. Vehicles with higher performance characteristics, a lack of advanced safety features, or a history of substantial liability claims will cost much more to insure than more economical and safe models.
The next list outlines car insurance prices for a number of the more affordable vehicles to buy insurance for.
|Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V EX-L 4WD||$4,876|
|Ford Escape Limited 4WD||$5,170|
|Volkswagen Jetta 2.0T Station Wagon||$5,513|
|Ford Edge SEL AWD||$5,683|
|Toyota RAV4 4WD||$5,727|
|Jeep Grand Cherokee Laredo 2WD||$5,734|
|Toyota Camry LE||$5,727|
|Toyota Tacoma Double Cab 4WD||$5,733|
|Chevrolet Impala LT||$5,727|
|Chevrolet Equinox LT 2WD||$5,737|
|Dodge Grand Caravan Crew||$5,774|
|Ford Explorer Limited AWD||$5,779|
|Hyundai Elantra SE 4-Dr Sedan||$6,024|
|Jeep Wrangler Unlimited Sport Islander Package 4WD 4-Dr||$6,061|
|Ford Fusion SEL 4-Dr Sedan||$6,071|
|GMC Sierra 2500HD SLE Crew Cab 4WD||$6,081|
|Honda Odyssey Touring||$6,071|
|Chevrolet Malibu LTZ||$6,077|
|Ford F-150 Lariat Crew Cab Platinum 2WD||$6,071|
|Toyota Corolla XRS||$6,079|
|GMC Sierra SLT Extended Cab 4WD||$6,071|
|Chevrolet Silverado 3500HD LT Crew Cab 2WD||$6,116|
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Prices based on single male driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Tennessee minimum liability limits. Discounts applied include claim-free, and safe-driver. Rate information does not factor in vehicle garaging location which can decrease or increase price quotes substantially.
Based upon these rates, you can assume that cars like the Honda CR-V, Ford Escape, Toyota Prius, Volkswagen Jetta, and Ford Edge will definitely be the cheaper vehicles to insure for teen boys. The price of auto insurance will trend higher because there is more inherent risk for teenage males, but in general those particular vehicles will have the cheapest auto insurance rates compared to other types of vehicles.
Tickets and at-fault accidents raise rates
The recommended way to score the most affordable car insurance rates for teen boys is to be a careful driver and avoid getting tickets or having accidents. The example below demonstrates how speeding tickets and accident claims can affect auto insurance costs for each age group. The rate quotes are based on a single female driver, full coverage, $100 deductibles, and no other discounts are factored in.
The chart shows that the average cost of auto insurance per year with no accidents or violations is $1,574. Get one speeding ticket and the average cost surges to $1,782, an increase of $208 each year. Now get two accidents along with the one speeding ticket and the yearly cost of car insurance for teenage males goes up to an average of $3,534. That’s an increase of $1,959, or $163 per month, just for not being a responsible driver!
Full coverage or liability only
Paying less for car insurance is probably important to most people, and one of the quickest ways to save on the cost of insurance for teenage males is to only buy liability coverage. The illustration below compares yearly insurance costs with and without full coverage. The data assumes no accidents, no driving violations, $1,000 deductibles, single marital status, and no discounts are applied.
As an average, full coverage costs $1,217 per year over having just liability coverage. That is a big expense that brings up the question when is it a good idea to stop buying full coverage. There is no exact rule for excluding full coverage, but there is a general guideline. If the yearly cost of comp and collision coverage is more than about 10% of the settlement you would receive from your company, then it might be time to buy liability only.
For example, let’s say your vehicle’s replacement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, you would only receive $3,000 after the policy deductible has been paid. If you are paying more than $300 a year for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.
Best car insurance in Nashville
Insuring your vehicle with a high-quality company can be difficult considering how many companies are available to choose from in Nashville. The rank data in the next section can help you analyze which providers you want to consider to insure your vehicles.
These ratings are for companies that insure vehicles nationwide, so smaller regional companies are not included in this list. To compare rates from these top insurers and more, click here.
Top 10 Large Auto Insurers Overall in Nashville
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
- American Family
Top 10 Large Auto Insurers in Nashville Ranked by Value
- American Family
- Safeco Insurance
- AAA Insurance
- The Hartford
- Erie Insurance
- 21st Century
- Titan Insurance