Regrettably, a large majority of drivers have purchased from the same company for well over three years, and almost half have never even compared quotes to find cheap rates. Tennessee drivers can save nearly $475 each year just by shopping around, but they don’t believe how much they could save if they switched to a more affordable policy.
If saving money is your primary concern, then the best way to find discount Toyota Highlander insurance is to compare prices once a year from different companies who sell auto insurance in Nashville.
- Try to understand what coverages are included in your policy and the factors you can control to drop your rates. Many rating factors that cause rate increases such as traffic citations, accidents, and a poor credit score can be controlled by making minor changes to your lifestyle.
- Compare rates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can give quotes from one company like Progressive or Farmers Insurance, while agents who are independent can provide price quotes for many different companies.
- Compare the new quotes to your current policy and see if there is a cheaper rate. If you can save money, ensure there is no coverage lapse between policies.
One key aspect of rate comparisons is to use the same liability limits and deductibles on every price quote and and to get quotes from every insurance company. Doing this enables a level playing field and many rates to choose from.
Choosing the best rates in Nashville is really quite easy. Basically, every vehicle owner who is shopping for car insurance will most likely be able to reduce their rates. But Tennessee car owners do need to understand the methods companies use to calculate your car insurance rates and use it to find better rates.
The easiest way to compare car insurance rates for Toyota Highlander insurance in Nashville utilizes the fact almost all companies participate in a system to give rate comparisons. All you need to do is provide details including if a SR-22 is needed, an estimate of your credit level, how your vehicles are used, and how much education you have. Your information is instantly submitted to multiple top-rated companies and they return quotes instantly to find the best rate.
To compare multiple company cheaper Toyota Highlander insurance rates now, click here and complete the form.
The auto insurance companies shown below are our best choices to provide price comparisons in Tennessee. In order to find the best car insurance in TN, it’s a good idea that you visit several of them to find the most affordable auto insurance rates.
Save with these discounts on Toyota Highlander insurance in Nashville
Some providers do not list all discounts very well, so the following is a list of some of the best known in addition to some of the lesser obvious discounts that you may qualify for.
- Early Payment Discounts – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save up to 5%.
- Accident Forgiveness – Not necessarily a discount, but certain companies may permit one accident without raising rates if you are claim-free before the accident.
- Paper-free Discount – Certain insurance companies will give you a small discount just for signing your application over the internet.
- Life Insurance – Insurance companies who offer life insurance give a discount if you purchase some life insurance too.
- Distant Student Discount – College-age children who are enrolled in higher education away from home and do not have a car could get you a discount.
- Mature Driver Discount – If you’re over the age of 55, you may receive a small discount on rates.
- Theft Prevention Discount – Vehicles that have factory alarm systems and tracking devices can help prevent theft and that can save you a little bit as well.
- Good Students Pay Less – This discount may save you up to 25%. Earning this discount can benefit you until age 25.
- Multi-Vehicle Discounts – Buying insurance for multiple cars or trucks with the same insurance company can get a discount for every vehicle.
- Passive Restraints and Air Bags – Factory air bags or automatic seat belts can qualify for discounts of 20% or more.
As is typical with insurance, most credits do not apply to your bottom line cost. Most only cut the price of certain insurance coverages like comprehensive or collision. So when it seems like adding up those discounts means a free policy, that’s just not realistic.
The diagram below shows the difference between Toyota Highlander premium costs with and without discounts applied to the policy rates. The data is based on a female driver, no claims, a clean driving record, Tennessee state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, claim-free, safe-driver, marriage, homeowner, and multi-car discounts applied.
Large insurance companies and a selection of discounts are outlined below.
- State Farm offers premium reductions for anti-theft, passive restraint, driver’s education, accident-free, and Drive Safe & Save.
- GEICO offers discounts for federal employee, seat belt use, daytime running lights, air bags, defensive driver, driver training, and good student.
- Allstate may include discounts for defensive driver, resident student, economy car, senior citizen, auto/life discount, and anti-lock brakes.
- SAFECO may offer discounts for homeowner, drive less, multi-car, bundle discounts, anti-lock brakes, teen safe driver, and accident prevention training.
- Farm Bureau has savings for good student, multi-policy, 55 and retired, driver training, and renewal discount.
- Progressive policyholders can earn discounts including multi-vehicle, online signing, online quote discount, homeowner, good student, continuous coverage, and multi-policy.
- AAA offers discounts including anti-theft, multi-car, good student, AAA membership discount, and pay-in-full.
Check with every company to apply every possible discount. Savings might not be available to policyholders in your state.
Toyota Highlander insurance rates and statistics
The price information shown below showcases estimates of insurance coverage prices for Toyota Highlander models. Learning as much as possible about how car insurance premiums are figured is important for making smart choices when purchasing an auto insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Highlander 2WD | $248 | $368 | $288 | $18 | $86 | $1,008 | $84 |
| Highlander 4WD | $280 | $448 | $288 | $18 | $86 | $1,120 | $93 |
| Highlander Sport 4WD | $280 | $448 | $288 | $18 | $86 | $1,120 | $93 |
| Highlander SE 2WD | $280 | $448 | $288 | $18 | $86 | $1,120 | $93 |
| Highlander Sport 2WD | $280 | $448 | $288 | $18 | $86 | $1,120 | $93 |
| Highlander Limited 2WD | $312 | $528 | $288 | $18 | $86 | $1,232 | $103 |
| Highlander SE 4WD | $312 | $528 | $288 | $18 | $86 | $1,232 | $103 |
| Highlander Limited 4WD | $312 | $528 | $288 | $18 | $86 | $1,232 | $103 |
| Highlander Hybrid 4WD | $312 | $528 | $288 | $18 | $86 | $1,232 | $103 |
| Highlander Hybrid Limited 4WD | $312 | $528 | $288 | $18 | $86 | $1,232 | $103 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Tennessee minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Estimates do not factor in Nashville location which can change prices considerably.
Should you raise deductibles?
When shopping for insurance, a common question is which deductible level should you buy. The comparison tables below highlight how much more you’ll pay between high and low insurance deductibles. The first pricing table uses a $100 deductible and the second price grid uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Highlander 2WD | $248 | $368 | $288 | $18 | $86 | $1,033 | $86 |
| Highlander 4WD | $280 | $448 | $288 | $18 | $86 | $1,145 | $95 |
| Highlander Sport 4WD | $280 | $448 | $288 | $18 | $86 | $1,145 | $95 |
| Highlander SE 2WD | $280 | $448 | $288 | $18 | $86 | $1,145 | $95 |
| Highlander Sport 2WD | $280 | $448 | $288 | $18 | $86 | $1,145 | $95 |
| Highlander Limited 2WD | $312 | $528 | $288 | $18 | $86 | $1,257 | $105 |
| Highlander SE 4WD | $312 | $528 | $288 | $18 | $86 | $1,257 | $105 |
| Highlander Limited 4WD | $312 | $528 | $288 | $18 | $86 | $1,257 | $105 |
| Highlander Hybrid 4WD | $312 | $528 | $288 | $18 | $86 | $1,257 | $105 |
| Highlander Hybrid Limited 4WD | $312 | $528 | $288 | $18 | $86 | $1,257 | $105 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Highlander 2WD | $182 | $250 | $288 | $18 | $86 | $824 | $69 |
| Highlander 4WD | $204 | $304 | $288 | $18 | $86 | $900 | $75 |
| Highlander Sport 4WD | $204 | $304 | $288 | $18 | $86 | $900 | $75 |
| Highlander SE 2WD | $204 | $304 | $288 | $18 | $86 | $900 | $75 |
| Highlander Sport 2WD | $204 | $304 | $288 | $18 | $86 | $900 | $75 |
| Highlander Limited 2WD | $228 | $358 | $288 | $18 | $86 | $978 | $82 |
| Highlander SE 4WD | $228 | $358 | $288 | $18 | $86 | $978 | $82 |
| Highlander Limited 4WD | $228 | $358 | $288 | $18 | $86 | $978 | $82 |
| Highlander Hybrid 4WD | $228 | $358 | $288 | $18 | $86 | $978 | $82 |
| Highlander Hybrid Limited 4WD | $228 | $358 | $288 | $18 | $86 | $978 | $82 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Premium costs do not factor in vehicle garaging location which can raise or lower coverage prices considerably.
Based on this data, using a $100 deductible costs approximately $21 more each month or $252 a year than choosing the higher $500 deductible. Because you would be required to 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 19 months between claims, you would probably come out ahead if you opt for a higher deductible.
Safe drivers pay cheaper rates
The illustration below demonstrates how traffic citations and at-fault collisions increase Toyota Highlander insurance rates for each age group. The rates are based on a married female driver, full coverage, $100 deductibles, and no discounts are applied.
Age-based insurance rates by gender in Nashville
The chart below compares Toyota Highlander insurance costs for male and female drivers. The rates are based on no violations or accidents, full physical damage coverage, $500 deductibles, drivers are single, and no discounts are applied to the premium.
Full coverage or liability only
The example below shows the difference between Toyota Highlander car insurance costs with full coverage compared to only the Tennessee minimum liability coverage. The prices are based on no claims, a clean driving record, $1,000 deductibles, single marital status, and no discounts are taken into consideration.
Should you pay for full coverage?
There is no set guideline for eliminating full coverage, but there is a guideline you can consider. If the annual cost of having full coverage is more than 10% of any settlement you would receive from your insurance company, then it might be time to consider dropping full coverage.
For example, let’s assume your Toyota Highlander replacement cost is $7,000 and you have $1,000 deductibles. If your vehicle is totaled, the most you would receive is $6,000 after paying your deductible. If it’s costing in excess of $600 annually for physical damage coverage, then it might be time to buy liability only.
There are some cases where removing full coverage is not in your best interest. If you still have a lienholder on your title, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should not buy liability only.
Compare rates but buy from a local Nashville insurance agency
A small number of people still prefer to visit with an insurance agent and that is not a bad decision A good thing about comparing car insurance online is the fact that you can find cheap car insurance quotes and still choose a local agent.
Once you complete this quick form, your insurance coverage information is sent to agents in your area that provide free Nashville auto insurance quotes for your car insurance coverage. It makes it easy because there is no need to find an agent on your own since rate quotes are delivered straight to your inbox. You can most likely find cheaper rates AND an agent nearby. In the event you want to compare rates from a specific insurance company, you would need to search and find their rate quote page and give them your coverage information.
Finding the right company requires you to look at more than just a cheap price. Any agent in Nashville should have no problem answering these questions:
- Does the agency have a good rating with the Better Business Bureau?
- Do they assist clients in filing claims?
- Are they able to provide referrals?
- When do they do policy reviews?
- Does the agent have a valid license to sell insurance in Tennessee?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- Can they help ensure a fair claim settlement?
Nashville car insurance agents come in two flavors
If you are searching for an insurance agent, it can be helpful to understand the different types of agents to choose from. Nashville agents may be either independent (non-exclusive) or exclusive.
Exclusive Agents
Agents in the exclusive channel write business for a single company like State Farm, AAA, Farmers Insurance or Allstate. These agents are not able to provide other company’s prices so they are skilled at selling on more than just price. Exclusive agents are very knowledgeable on what they offer and that enables them to sell even at higher rates.
Below are exclusive insurance agencies in Nashville who can help you get comparison quotes.
Marvin Cook – State Farm Insurance Agent
308 Donelson Pike – Nashville, TN 37214 – (615) 391-4966 – View Map
Wally Knox – State Farm Insurance Agent
5110 Delaware Ave – Nashville, TN 37209 – (615) 297-3527 – View Map
GEICO Insurance Agent
14981 Old Hickory Boulevard – Nashville, TN 37211 – (615) 376-2969 – View Map
Independent Agents (or Brokers)
Independent agents do not sell for just one brand and that allows them to write policies with lots of companies and help determine which has the cheapest rates. If they quote lower rates, an independent agent can move your coverage without you having to go to a different agency. If you need lower rates, we highly recommend that you get several quotes from at a minimum one independent agency to have the most options to choose from.
Listed below are Nashville independent insurance agents that are able to give rate quotes.
Greater Nashville Insurance
208 McGavock Pike A – Nashville, TN 37214 – (615) 885-5882 – View Map
Eby Insurance
65 Parris Ave – Nashville, TN 37210 – (615) 254-8343 – View Map
MJC Insurance Group
1506 Church St Suite 2 – Nashville, TN 37203 – (615) 873-1988 – View Map
Get Cheap Insurance Rates by Understanding These Factors
One of the most helpful ways to save on car insurance is to to have a grasp of some of the things that are used to determine your premiums. When you know what positively or negatively determines base rates, this enables you to make decisions that could help you find better car insurance rates. Many different elements are taken into consideration when quoting car insurance. Some of the criteria are obvious like an MVR report, but other factors are less apparent like where you live or your vehicle rating.
Having a spouse is a bonus – Being married can actually save you money compared to being single. Having a significant other may mean you are more stable financially and insurance companies reward insureds because married drivers tend to file fewer claims.
Better premiums for uninterrupted coverage – Not maintaining insurance is a big no-no and your next policy will cost more because you let your insurance lapse for non-payment. And not only will insurance be more expensive, failure to provide proof of insurance could earn you a steep fine or even jail time. You may have to prove you have insurance by filing a SR-22 with the Tennessee DMV.
Your employer may affect rates – Jobs such as judges, business owners, and dentists are shown to have the highest average rates because of stressful work requirements and lots of time spent at work. Other jobs such as scientists, students and the unemployed get better rates.
Performance impacts insurance prices – The make and model of the vehicle you own makes a huge difference in your rates. Lower performance four cylinder passenger models generally have the cheapest insurance rates, but other factors influence the final cost greatly.
The chart below assumes a single female driver age 20, full coverage with $1000 deductibles, and no discounts or violations. It compares Toyota Highlander car insurance rates compared to other models that have a range of performances.
Toyota Highlander insurance claim data – Auto insurance companies analyze past claim statistics to help calculate a profitable premium price. Vehicles that statistically have a higher amount or frequency of claims will cost more to insure. The table below outlines the loss history for Toyota Highlander vehicles.
For each type of coverage, the loss probability for all vehicles, without regard to make or model, is considered to be 100. Values that are under 100 suggest a better than average loss history, while values over 100 indicate frequent claims or a tendency for losses to be larger than average.
| Specific Toyota Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Toyota Highlander 4dr 2WD | 88 | 82 | 94 | 94 | 78 | 75 |
| Toyota Highlander 4dr 4WD | 95 | 86 | 117 | 88 | 74 | 78 |
| Toyota Highlander Hybrid 4dr 4WD | 111 | 143 |
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Protect your Toyota vehicle and other assets
Even though it can be expensive, insuring your vehicle serves several important purposes.
- Almost all states have minimum liability requirements which means the state requires specific limits of liability coverage in order to be legal. 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 have a loan on your Toyota Highlander, almost every bank will force you to have comprehensive coverage to protect their interest in the vehicle. If you do not pay your insurance premiums, the bank will be required to insure your Toyota for a lot more money and force you to pay the higher price.
- Auto insurance preserves your vehicle and your assets. It will also reimburse you for medical transport and hospital expenses that are the result of an accident. One policy coverage, liability insurance, will also pay to defend you if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will cover the damage repairs after a deductible is paid.
The benefits of buying enough insurance are without a doubt worth the cost, especially with large liability claims. But the average American driver is wasting up to $855 a year so you should quote your policy with other companies at every policy renewal to be sure current rates are still competitive.
A conclusion for your auto insurance search
When getting Nashville auto insurance quotes online, it’s a bad idea to buy poor coverage just to save money. There are many occasions where an accident victim reduced liability limits or collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The goal is to find the BEST coverage at the best possible price while not skimping on critical coverages.
We just showed you quite a bit of information on how to get a better price on Toyota Highlander insurance in Nashville. The key thing to remember is the more rate quotes you have, the better chance you’ll have of finding affordable Toyota Highlander insurance quotes. Consumers may even find the biggest savings come from the least-expected company. These smaller insurers may often insure only within specific states and give better rates than their larger competitors like GEICO and State Farm.
Cost effective Toyota Highlander insurance can be bought from both online companies and from local agencies, so you should compare both in order to have the best price selection to choose from. Some insurance companies don’t offer the ability to get quotes online and many times these small insurance companies prefer to sell through independent agents.
More detailed auto insurance information is available at these sites:
- Auto Insurance FAQ (Farmers Insurance)
- Who Has Affordable Auto Insurance for Postal Workers in Nashville? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Low Credit Scores in Nashville? (FAQ)
- How Much are Nashville Car Insurance Rates for a Toyota Camry? (FAQ)
- Who Has Cheap Auto Insurance Rates for a Toyota Highlander in Nashville? (FAQ)
- How Much is Nashville Auto Insurance for Safe Drivers? (FAQ)
- How Much are Auto Insurance Rates for Teenage Females in Nashville? (FAQ)
- What Car Insurance is Cheapest for Government Employees in Nashville? (FAQ)
- Who Has Affordable Auto Insurance for Low Mileage Drivers in Nashville? (FAQ)
- Distracted Driving (Insurance Information Institute)
- Anti-Lock Brake FAQ (iihs.org)
- New vehicle ratings focus on headlights (Insurance Institute for Highway Safety)
- Uninsured Motorists: Threats on the Road (Insurance Information Institute)