A recent insurance study revealed that over 70% of consumers have been with the same company for at least the last four years, and approximately 38% of consumers have never shopped around. With the average premium in Tennessee being $1,400, drivers can save nearly $480 each year just by shopping around, but they assume it’s a waste of time to save money by comparing rate quotes.
The most effective way to find better pricing on Scion tC insurance is to compare quotes annually from different companies who provide auto insurance in Nashville. Rates can be compared by following these steps.
- First, try to learn a little about policy coverages and the modifications you can make to prevent high rates. Many rating factors that are responsible for high rates like high-risk driving behaviors and poor credit history can be eliminated by making lifestyle changes or driving safer.
- Second, compare price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can provide rates from a single company like Progressive or Allstate, while independent agents can quote prices from many different companies.
- Third, compare the new quotes to your existing coverage to see if you can save by switching companies. If you find better rates and make a switch, ensure coverage does not lapse between policies.
- Fourth, notify your agent or company of your decision to cancel your current policy and submit the completed application along with a down payment to the new insurer. Immediately upon receiving it, put the new certificate verifying proof of insurance with your vehicle’s registration.
One thing to point out is to make sure you’re comparing identical limits and deductibles on each quote request and and to get quotes from all possible companies. Doing this enables a fair rate comparison and the best price quote selection.
When comparing insurance rates, know that making a lot of price comparisons helps locate the best rates. Some insurance companies are not set up to provide rate quotes online, so it’s important to also get quotes from them as well.
The companies in the list below provide free quotes in Nashville, TN. If you wish to find the best auto insurance in Nashville, we recommend you click on several of them to get a more complete price comparison.
Earn discounts to get lower-cost Nashville car insurance quotes
Auto insurance companies don’t necessarily list every policy discount very clearly, so the following list contains both the well known and the harder-to-find credits that may apply to you.
- Telematics Data Discounts – People who choose to allow companies to monitor driving patterns by using a telematics device like Allstate’s Drivewise might see lower rates as long as the data is positive.
- Organization Discounts – Being a member of certain professional organizations could trigger savings on your next car insurance statement.
- Theft Prevention System – Cars and trucks that have factory anti-theft systems prevent vehicle theft so companies will give you a small discount.
- Distant College Student Discount – Youth drivers living away from Nashville attending college and do not have access to a covered vehicle could qualify for this discount.
- Save with a New Car – Buying a new car instead of a used tC can be considerably cheaper since newer models have better safety ratings.
One thing to note about discounts is that most discount credits are not given to all coverage premiums. Some only reduce the price of certain insurance coverages like liability and collision coverage. So even though they make it sound like all those discounts means the company will pay you, company stockholders wouldn’t be very happy.
The information below shows the difference between Scion tC insurance costs with and without discounts applied to the rates. The data is based on a male driver, no violations or claims, Tennessee state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, homeowner, marriage, safe-driver, and multi-policy discounts applied.
Companies and some of their more popular discounts are:
- State Farm offers premium reductions for multiple autos, Steer Clear safe driver discount, multiple policy, safe vehicle, and good driver.
- GEICO has discounts for air bags, daytime running lights, driver training, anti-theft, military active duty, and multi-vehicle.
- SAFECO discounts include multi-car, accident prevention training, teen safe driver, anti-lock brakes, teen safety rewards, and anti-theft.
- Farmers Insurance may offer discounts for pay in full, youthful driver, teen driver, good student, bundle discounts, homeowner, and multi-car.
- AAA offers discounts for AAA membership discount, good driver, education and occupation, anti-theft, and pay-in-full.
- USAA has savings for vehicle storage, family discount, annual mileage, defensive driver, good student, and multi-vehicle.
Before you buy a policy, ask all companies you are considering which discounts you qualify for. Some discounts may not apply to policies in Nashville. To choose providers who offer cheap Scion tC insurance quotes in Tennessee, click here to view.
Coverage statistics and figures
The rate information shown next showcases detailed analysis of insurance rates for Scion tC models. Being more informed about how rate quotes are formulated can help you make smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TC 2-Dr Hatchback | $172 | $424 | $340 | $20 | $102 | $1,058 | $88 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Tennessee minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Rate information does not factor in vehicle garaging location which can modify auto insurance rates substantially.
Where to set your deductibles
When shopping for auto insurance, a common question is where should you set your physical damage deductibles. The data tables below help summarize the costs and benefits between low and high comp and collision deductibles. The first rate quote example uses a $100 comprehensive and collision deductible and the second rate table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TC 2-Dr Hatchback | $248 | $608 | $360 | $22 | $108 | $1,371 | $114 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| TC 2-Dr Hatchback | $138 | $320 | $360 | $22 | $108 | $948 | $79 |
| 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 safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Premium costs do not factor in garaging location in Nashville which can change coverage prices substantially.
Based on this data, we can arrive at the conclusion that using a $100 deductible could cost the average driver approximately $35 more each month or $420 a year across all Scion tC models than quoting the higher $1,000 deductible. Since you would pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you go more than 26 months between claims, you would save more money if you choose a higher deductible. Here’s an example of how this decision is made.
| Average monthly premium for $100 deductibles: | $114 |
| Average monthly premium for $1,000 deductibles (subtract): | – $79 |
| Monthly savings from raising deductible: | $35 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $35 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 26 months |
An important sidenote is that a higher deductible results in more money out-of-pocket if you have a claim. You will want to have some savings in order to pay the deductible for vehicle repair.
Safe drivers pay less for auto insurance
The information below demonstrates how citations and at-fault fender-benders can impact Scion tC premium costs for each age group. The data is based on a married male driver, full coverage, $500 deductibles, and no policy discounts are applied.
Rate comparison of male drivers versus female drivers
The example below illustrates the comparison of Scion tC premium costs for male and female drivers. The premiums are based on no claims, a clean driving record, full physical damage coverage, $1,000 deductibles, drivers are single, and no discounts are applied to the premium.
Do you need full coverage?
The illustration below shows the comparison of Scion tC insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in Tennessee. The premiums assume no claims or violations, $1,000 deductibles, drivers are not married, and no discounts are taken into consideration.
When to stop buying full coverage
There is no specific rule that works best for making the decision to drop physical damage coverage on your policy, but there is a guideline you can consider. If the annual cost of your full coverage insurance is about 10% or more of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.
For example, let’s assume your Scion tC book value is $3,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $2,000 after you pay the deductible. If you are currently paying more than $200 annually for physical damage coverage, then it might be time to buy liability only.
There are a few cases where dropping full coverage is not recommended. If you still have a lienholder on your title, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should keep full coverage.
Shop online but buy locally
Some people would rather buy from a licensed agent and that can be a smart move One of the benefits of getting online price quotes is that you can find the best rates but also keep your business local.
To find an agent, once you fill out this short form, the coverage information is transmitted to local insurance agents in Nashville that provide free Nashville car insurance quotes to get your business. You won’t need to search for any insurance agencies because prices are sent to you directly. You’ll get the best rates and an insurance agent to talk to. If you have a need to get a price quote from one company in particular, you can always jump over to their website and complete a quote there.
Choosing the best company requires you to look at more than just the quoted price. Agents should be asked these questions:
- If you raise deductibles, how much can you save?
- Can you contact them at any time?
- What is the agency’s Better Business Bureau rating?
- If your car is in the repair shop, do you have coverage for a rental car?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- Did they already check your driving record and credit reports?
Best car insurance agent in Nashville
If you want to use a local insurance agency, you must know there are a couple different types of agents and how they differ in how they can insure your vehicles. Insurance agents may be either independent (non-exclusive) or exclusive.
Exclusive Agencies
Exclusive agents are contracted to one company like State Farm, Allstate, and Farm Bureau. These agents are not able to place coverage with different providers so if the price isn’t competitive there isn’t much they can do. Exclusive insurance agents receive a lot of sales training on their company’s products which helps overcome the inability to quote other rates. Some people will only buy from exclusive agents primarily because of the prominence of the brand rather than having low rates.
Below is a list of exclusive agents in Nashville that can give you rate quotes.
- Farmers Insurance – Greg Nelson
217 Old Hickory Blvd – Nashville, TN 37221 – (615) 646-3333 – View Map - Michael Davis – State Farm Insurance Agent
2817 West End Ave #209 – Nashville, TN 37203 – (615) 321-3388 – View Map - Cheryl Crewse – State Farm Insurance Agent
15582 Old Hickory Blvd – Nashville, TN 37211 – (615) 831-1800 – View Map
Independent Insurance Agents
These type of agents are not restricted to one company so they can quote policies with lots of companies and find the cheapest insurance rates. To move your coverage to a new company, your policy is moved internally and that require little work on your part. When comparing insurance prices, you should always contact several independent agencies to have the most options to choose from. A lot of them also have access to different regional companies who may have lower rates.
The following is a short list of independent agencies in Nashville that are able to give price quotes.
- Nationwide Insurance: Gaffney Insurance Agency and Financial Services LLC
946 Jefferson St #103 – Nashville, TN 37208 – (615) 733-3133 – View Map - Manning Agency
104 Woodmont Blvd – Nashville, TN 37205 – (615) 383-6700 – View Map - Varallo Insurance Agency
296 White Bridge Pike – Nashville, TN 37209 – (615) 352-5747 – View Map
There’s no such thing as the perfect car insurance policy
When buying insurance from an agent or online for your personal vehicles, there is no single plan that fits everyone. Your needs are unique to you.
Here are some questions about coverages that could help you determine whether your personal situation might need an agent’s assistance.
- Are rock-chip repairs free?
- Is my custom stereo system covered?
- I have a DUI can I still get coverage?
- Do I need rental car coverage?
- If my car is totaled with they pay enough to replace it?
- Where can I find high-risk insurance?
- Do I pay less if my vehicle is kept in my garage?
If you can’t answer these questions but a few of them apply, you may need to chat with an agent. If you want to speak to an agent in your area, complete this form.
Lower Your Nashville Insurance Rates
An important part of buying insurance is that you know a few of the rating criteria that aid in calculating the price you pay for insurance. When you understand what influences your rates, this empowers consumers to make smart changes that will entitle you to big savings. Many factors are used when premium rates are determined. Some factors are common sense like an MVR report, although others are less obvious like where you live or your vehicle rating.
- Save money by raising coverage deductibles – Protection for physical damage, also called ‘full coverage’, insures against damage to your Scion. Some instances where coverage would apply could be a dented fender, vandalism, and windstorm damage. The deductibles state the amount of money you are willing to pay if the claim is covered. The more damage repair cost you are required to pay out-of-pocket, the less money you will pay for insurance.
- Additional coverages that may be costing you – Insurance policies have a lot of additional coverages that sound like a good idea at the time on your tC policy. Coverages for coverage for rental cars, better glass coverage, and Farm Bureau memberships are probably not needed. These may sound like a good investment initially, but now you might not need them so remove them from your policy.
- Poor credit rating equals high prices – A driver’s credit score is a large factor in calculating your insurance rates. Therefore, if your credit score is lower than you’d like, you may save money insuring your Scion tC by repairing your credit. Insureds that have excellent credit tend to be more responsible and file fewer claims than drivers with lower credit scores.
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Is your car built for speed? – The performance of the vehicle you drive makes a significant difference in determining your rates. Low performance passenger cars receive the most favorable rates, but many other things help determine your insurance rates.
The following data is based on a single male driver age 50, full coverage with $250 deductibles, and no discounts or violations. It illustrates Scion tC car insurance rates compared to other makes and models that have different performance rating factors.
- Get married and pay less – Having a wife or husband may save some money on your insurance bill. Having a spouse demonstrates that you tend to be more financially stable it has been statistically shown that married couples file fewer claims.
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Loss probability for a Scion tC – Insurers include the past claim history for a vehicle to help determine rates. Models that tend to have higher loss trends will cost more for coverage. The table below shows the historical insurance loss data for Scion tC vehicles.
For each coverage category, the claim probability for all vehicles, regardless of manufacturer or model, equals 100. Percentages below 100 mean the vehicle has better than average losses, while percentages above 100 indicate more frequent claims or statistically larger losses.
Scion tC Insurance Claim Statistics Specific Scion Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Scion tC 133 139 136 148 152 143 BETTERAVERAGEWORSEStatistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Insurance in Tennessee serves several purposes
Despite the fact that insurance is not cheap in Nashville, insuring your vehicle is required for several reasons.
- Most states have minimum mandated liability insurance limits which means state laws require a specific minimum amount of liability coverage in order to drive the car 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 your Scion tC has a lienholder, more than likely the lender will require you to buy full coverage to ensure the loan is repaid in case of a total loss. If the policy lapses, the bank or lender will purchase a policy for your Scion at a much higher rate and force you to pay a much higher amount than you were paying before.
- Insurance safeguards your car and your assets. It will also pay for most medical and hospital costs for not only you but also any passengers injured in an accident. Liability coverage will also pay to defend you if you are sued as the result of an accident. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of carrying enough insurance definitely exceed the price paid, particularly for liability claims. An average driver in America is overpaying more than $830 a year so you should quote and compare rates at least once a year to help ensure money is not being wasted.
Cheap car insurance is out there
Affordable Scion tC insurance in Nashville is available both online and with local Nashville insurance agents, so you should compare both in order to have the best chance of saving money. A few companies may not have price quotes online and many times these small insurance companies work with local independent agents.
Consumers change insurance companies for a variety of reasons including an unsatisfactory settlement offer, poor customer service, being labeled a high risk driver or policy cancellation. It doesn’t matter what your reason, choosing a new insurance company is not as hard as you think.
We just presented a lot of tips how to get a better price on Scion tC insurance in Nashville. The most important thing to understand is the more rate quotes you have, the better chance you’ll have of finding low cost Nashville car insurance quotes. Consumers could even find that the lowest priced car insurance comes from a smaller regional carrier.
Much more information about car insurance in Tennessee is available at the links below
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
- How Much are Nashville Car Insurance Rates for a Toyota Camry? (FAQ)
- How Much is Car Insurance for Police Officers in Nashville? (FAQ)
- Who Has Cheap Nashville Auto Insurance for a Dodge Ram? (FAQ)
- Who Has the Cheapest Nashville Auto Insurance Rates for Drivers Over Age 70? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for a Chevrolet Silverado in Nashville? (FAQ)
- Who Has the Cheapest Nashville Auto Insurance for a Toyota RAV4? (FAQ)
- Electronic Stability Control FAQ (iihs.org)
- Keeping Children Safe in Crashes Video (iihs.org)
- Neck Injury FAQ (iihs.org)
- How to Avoid Staged Accidents (State Farm)