The best way we recommend to save on Volvo V60 insurance is to regularly compare prices from insurance carriers who provide auto insurance in Nashville.
- First, get a basic knowledge of how your policy works and the measures you can take to prevent expensive coverage. Many policy risk factors that result in higher prices such as traffic tickets, fender benders, and an imperfect credit rating can be controlled by making minor changes to your lifestyle.
- Second, compare prices from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only give rate quotes from a single company like Progressive or Allstate, while agents who are independent can provide rate quotes from multiple sources.
- Third, compare the new rate quotes to the premium of your current policy and determine if there is any savings. If you find a better price and change companies, make sure coverage does not lapse between policies.
The most important part of this process is to make sure you’re comparing similar coverage information on each price quote and and to get quotes from every company you can. This guarantees the most accurate price comparison and the best rate selection.
Remarkably, a study showed that about 70% of customers have remained with the same insurance company for a minimum of four years, and just short of a majority have never shopped around. Most drivers in Nashville can cut their rates by approximately $475 a year by just shopping around, but they just assume it takes a lot of time to shop around.
If you are insured now or are just looking to switch companies, you can follow these tips to get lower rates and still have adequate protection. The goal of this article is to tell you the best methods to compare rates and how to save the most money. Smart shoppers only need to know the most efficient way to compare company rates from many different companies.
Affordable companies for Volvo V60 insurance
The companies shown below provide free quotes in Tennessee. To buy the best cheap auto insurance in TN, we suggest you visit two to three different companies in order to find the lowest rates.
Get discounts on Nashville insurance
Car insurance is not cheap, but you may find discounts to reduce the price significantly. A few discounts will automatically apply at the time of quoting, but some must be specially asked for in order for you to get them.
- Use Seat Belts – Forcing all vehicle occupants to buckle their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
- New Car Discount – Buying a new car instead of a used V60 can be considerably cheaper because new model year vehicles keep occupants safer.
- Theft Deterrent – Cars optioned with advanced anti-theft systems are less likely to be stolen and will save you 10% or more on V60 insurance in Nashville.
- Safety Course Discount – Completing a safe driver course may get you a small discount and also improve your driving technique.
- Accident Forgiveness Coverage – This one is not really a discount per se, but companies like Allstate and GEICO will let one accident slide without the usual rate increase so long as you haven’t had any claims for a particular time prior to the accident.
- Pay Early and Save – If you pay your bill all at once rather than spreading payments over time you can avoid the installment charge.
- Federal Employees – Simply working for the federal government may qualify for a discount when you quote Nashville auto insurance depending on your company.
- Telematics Data – Drivers who elect to allow driving data submission to study driving manner remotely such as Drivewise from Allstate or Snapshot from Progressive might see lower rates as long as they are good drivers.
- Bundle and Save – When you combine your homeowners and auto insurance and place coverage with the same company you may earn approximately 10% to 15%.
As a disclaimer on discounts, some credits don’t apply to the entire cost. Most cut the cost of specific coverages such as liability and collision coverage. So when it seems like it’s possible to get free car insurance, you aren’t that lucky.
A few popular companies and their offered discounts are outlined below.
- American Family offers premium reductions for TimeAway discount, bundled insurance, accident-free, mySafetyValet, good driver, and multi-vehicle.
- Farm Bureau offers discounts for good student, renewal discount, driver training, multi-vehicle, multi-policy, and safe driver.
- State Farm may have discounts that include multiple autos, passive restraint, safe vehicle, Drive Safe & Save, and good driver.
- Travelers discounts include continuous insurance, student away at school, multi-car, payment discounts, and new car.
- The Hartford policyholders can earn discounts including good student, defensive driver, vehicle fuel type, anti-theft, and air bag.
- GEICO has discounts for multi-policy, multi-vehicle, membership and employees, defensive driver, anti-lock brakes, anti-theft, and driver training.
- Progressive has savings for good student, multi-policy, continuous coverage, online quote discount, and multi-vehicle.
If you need affordable Nashville auto insurance quotes, ask every prospective company to give you their best rates. Depending on the company, some discounts might not be offered on policies everywhere. To see a list of insurance companies that offer discounts in Tennessee, click here.
Four Tips to Get Cheap Nashville Insurance Premiums
It’s important that you understand the rating factors that help calculate your premiums. When you understand what impacts premium levels, this allows you to make educated decisions that will entitle you to lower premium levels. Many things are used in the calculation when pricing auto insurance. Some are obvious like an MVR report, although others are not quite as obvious like your continuous coverage or your financial responsibility.
- Increase physical damage deductibles and save – Physical damage protection, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Volvo from damage. A few examples of covered claims could be a broken windshield, damage from fire, and having your car stolen. Deductibles for physical damage tell how much the insured will be required to pay if a covered claim is submitted. The more damage repair cost you pay before a claim is paid (deductible), the less your company will charge you for insurance.
- Long commutes cost more – The higher the mileage driven every year the more it will cost to insure it. Many insurance companies rate vehicles based upon how the vehicle is primarily used. Cars not used for work or commuting can get a lower rate than those that get driven frequently. Double check that your vehicle rating states the right rating data. A policy that improperly rates your V60 is throwing money out the window.
- File insurance claims and pay more – Insurance companies in Tennessee give the best rates to policyholders who do not file claims often. If you are a frequent claim filer, you can expect higher premiums or even policy non-renewal. Insurance coverage is designed for major claims that would cause financial hardship.
- Higher prices for auto insurance lapses – Driving without insurance coverage in place is not a good idea and auto insurance companies will penalize you for letting your coverage lapse. In addition to paying higher premiums, being ticketed for driving with no insurance could earn you a hefty fine and possibly a revoked license. You may then be required to provide proof of insurance in the form of an SR-22 filing with the Tennessee department of motor vehicles.
Insurance loss data for a Volvo V60 – Insurers include the past claim history for a vehicle when they file their rates in each state. Vehicles that the statistics show to have increased claim numbers or amounts will cost more for specific coverages.
The table below shows the collected loss data for Volvo V60 vehicles. For each insurance policy coverage type, the claim probability for all vehicles averaged together is considered to be 100. Values below 100 imply a favorable loss record, while numbers above 100 indicate higher probability of having a loss or tendency to have higher losses.
Insurance Loss Ratings for Volvo V60 Vehicles Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Volvo V60 2WD 68 53 Volvo V60 4WD 136 75BETTERAVERAGEWORSE
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Shop online but buy locally
Certain consumers prefer to visit with an insurance agent and there is nothing wrong with that. Most agents are trained to spot inefficiencies and help you file claims. One of the benefits of comparing auto insurance online is you may find the best rates and still buy from a local agent. And buying from local agents is important particularly in Nashville.
To help locate an agent, after submitting this short form, your insurance data is immediately sent to companies in Nashville who will give you quotes to get your business. It makes it easy because there is no need to visit any agencies since rate quotes are delivered directly to you. If you want to quote rates from a specific company, don’t hesitate to go to their quote page and give them your coverage information.
Not all auto insurance agents are the same
When finding a reliable insurance agent, there are two different types of agents and how they can quote your rates. Agents can be classified as either independent (non-exclusive) or exclusive. Both types can insure your vehicles, but we need to point out the difference in the companies they write for because it can influence buying decisions.
Independent Auto Insurance Agencies
These type of agents do not work for one specific company so they can quote policies with any number of different companies and find the cheapest auto insurance rates. If premiums increase, your agent can switch companies and you don’t have to switch agencies. When comparing auto insurance rates, you absolutely need to get some free quotes from at a minimum one independent agency in order to have the best price comparison. Many can place coverage with companies that do not advertise much which may provide better rates.
Listed below are independent agents in Nashville that may be able to give free price quotes.
- Chamberlain Insurance Agency
4741 Trousdale Dr #104 – Nashville, TN 37220 – (615) 922-2317 – View Map
- Spann Agency
710 Thompson Ln – Nashville, TN 37204 – (615) 383-8000 – View Map
- Affordable Insurance Agency
3225 Gallatin Pike – Nashville, TN 37216 – (615) 645-1900 – View Map
Agents that elect to be exclusive can usually just insure with one company like Allstate, State Farm and Farmers Insurance. They usually cannot provide rate quotes from other companies so keep that in mind. Exclusive agencies receive a lot of sales training on their company’s products which helps them sell on service rather than price. Consumers frequently use the same exclusive agent primarily because of the brand rather than low rates.
Shown below is a short list of exclusive agencies in Nashville who can help you get price quote information.
- Barbara Stewart – State Farm Insurance Agent
3055 Lebanon Pike #2103 – Nashville, TN 37214 – (615) 391-5300 – View Map
- Roy Arnold – State Farm Insurance Agent
2600 Lebanon Pike a – Nashville, TN 37214 – (615) 871-0663 – View Map
- Heather Farmer State Farm Insurance
6592 TN-100 Suite 2 – Nashville, TN 37205 – (615) 356-6503 – View Map
Choosing the best insurance agency needs to be determined by more than just a cheap price. Here are some questions you might want to ask.
- Do they offer rental car reimbursement?
- Is every driver in your family covered?
- Is the agency involved in supporting local community causes?
- How many years have they been established?
- Is auto insurance their primary focus in Nashville?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- Are there any discounts that you might be missing?
- How much experience to they have in personal lines coverages?
Ratings for Nashville auto insurance companies
Choosing the right car insurance provider can be challenging considering how many different companies insure vehicles in Tennessee. The ranking data below may help you analyze which companies you want to consider comparing rates from.
Top 10 Nashville Car Insurance Companies Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Mercury Insurance – 89%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%
Top 10 Nashville Car Insurance Companies Ranked by Claims Service
- State Farm
- Liberty Mutual
- American Family
- AAA Insurance
- Titan Insurance
Be persistent to save money
We just presented many ways to find affordable Volvo V60 insurance in Nashville. The key concept to understand is the more providers you compare, the better likelihood of getting the cheapest Volvo V60 rate quotes. You may even discover the best price on insurance is with a lesser-known regional company.
More affordable insurance in Nashville can be found online as well as from independent agents in Nashville, and you should compare price quotes from both so you have a total pricing picture. Some companies may not have internet price quotes and these small insurance companies provide coverage only through local independent agents.
When trying to cut insurance costs, do not buy lower coverage limits just to save a few bucks. Too many times, an accident victim reduced full coverage only to regret that the savings was not a smart move. Your objective should be to buy the best coverage you can find for the lowest cost and still be able to protect your assets.
Additional detailed information can be read at these sites:
- How to shop for a safer car (Insurance Institute for Highway Safety)
- What is the Cheapest Auto Insurance in Nashville, Tennessee? (FAQ)
- Who Has the Cheapest Auto Insurance for a Learners Permit in Nashville? (FAQ)
- Who Has Cheap Nashville Car Insurance Rates for a Kia Forte? (FAQ)
- Teen Driving Statistics (iihs.org)
- Teen Driving and Texting (State Farm)
- Event Data Recorders FAQ (iihs.org)