Nashville’s average driver pays $1361 annually for full coverage car insurance, and $411 per year for minimal coverage. Some carriers have lower rates than others for the Tennessee auto insurance you need to purchase.
In 2019, there were 32.992 car accidents in Davidson County, Nashville. In Tennessee, crashes are quite common. To protect drivers from financial and legal responsibility, all residents of Nashville who own a vehicle registered in Tennessee are required by law to have car insurance. Based on their price, discounts, coverage options, and third-party ratings, we found the top Nashville car insurance companies.
Nashville’s best car insurance companies
Nashville residents have many choices when it comes to car insurers. Not all car insurance companies are equal. Below is a list of the top Nashville car insurance companies. These providers were chosen based on their average annual premiums and discounts, as well as policy options, customer satisfaction ratings, financial strength scores, and financial strength scores.
Grange Insurance
Grange Insurance, a regional provider, offers excellent coverage and low rates. You can add on to your policy, such as glass repair coverage, pet injuries coverage, and OEM coverage. You can also get discounts by paying in full, getting an estimate in advance, being safe and a loyal customer. Nashville drivers can save as much as 20% by taking the OnTrack safety driver program.
Geico
Geico is a top-rated Nashville insurance company. It also has the lowest rates in the region with well below average rates. Geico has a limited car insurance coverage, but they offer a variety of discounts to help drivers save even further on their policy.
Travelers
Nashville’s car insurance rates for travelers are much lower than the average. Travelers offers great coverages like rideshare insurance, accident forgiveness, and new car replacement coverage. Nashville drivers can also save money by signing up for the Travelers’ IntliDrive safe driving discount program.
Erie
Erie insurance is not cheap if you compare the average rates. However, the company offers unique savings and discounts that could help Nashville drivers obtain a lower premium. Erie policies come with a rate lock guarantee and all drivers are eligible for the disappearing-deductible program. Drivers under 21 years old, driving less than a certain amount of miles per year, and owning a safe vehicle are eligible for discounts.
Progressive
The average Nashville rate for Progressive Insurance is slightly higher than it. Drivers have access to many coverages, great discount, and useful online tools. To save $145 on average, drivers can complete the Snapshot safe driving program. They can also use the Name your Price Tool in order to find coverage that fits their budget. You can also get discounts for having continuous insurance and being a homeowner.
Nashville has the lowest car insurance
The average cost for insurance in Tennessee is $1,364 per annum for full coverage. While the average cost for minimum coverage insurance is $369, it is $1,364 per annum. Full coverage car insurance is slightly less expensive than the average rate in Tennessee. The minimum coverage insurance for Nashville is slightly more expensive than the average rate in Tennessee.
Each car insurance company in Nashville has a different coverage rate. Below is a table that lists the cheapest Nashville car insurance companies, based on market share.
Each of the Nashville’s cheapest car insurance providers has its advantages and disadvantages. Geico and State Farm, for instance, are the most affordable providers but offer limited coverage options. USAA offers more comprehensive coverage options but is only available to veterans and military personnel.
J.D. These five providers score very differently in terms of J.D. Power’s customer satisfaction ratings. USAA is the best-rated provider in Southeast, while Geico is the fourth-best provider within the region (which includes Tennessee). Travelers is ranked third on the 17-company list, while USAA and Geico are both rated below-average.
All five companies in this list have an excellent financial standing, with minimum ratings of A+ by AM Best. The Complaint Index of the National Association of Insurance Commissioners (NAIC), shows that all five companies have more customer complaints than average.
Nashville insurance requirements
Each driver who owns a car registered in Tennessee must have minimum coverage. 25/50/15 is the minimum coverage required. This includes:
- $25,000 bodily injury liability coverage per individual
- $50,000 bodily injury liability coverage per accident
- $15,000 per accident in property damage liability coverage
Nashville drivers who choose to purchase liability-only insurance will be charged the lowest rates. For cheap coverage, it is not a good idea to opt for minimum coverage insurance. It is not guaranteed that minimum coverage insurance will pay all the costs of an at-fault collision, which puts drivers at risk financially and legally.
Lenders often require that drivers with a leased car or financed vehicle have full coverage until the loan is repaid. Full coverage car insurance covers collision, comprehensive, liability, and medical payments.
Nashville car insurance discounts
Many car insurance companies offer discounts to help drivers reduce their premiums. These are the best Nashville car insurance discounts:
- Driver training or defensive driving courses: Many drivers are eligible for a discount on their auto insurance policies by taking a driver training or defensive driving course.
- Smart student: Students who are smart and have good grades, or maintain a certain GPA, usually qualify for a discount on their policy.
- Multi-policy discounts: Policy bundling is a popular way to save money on insurance. This allows drivers to insure their car and home through the same provider.
- Vehicle safety equipment: Cars with safety features like anti-lock brakes or anti-theft systems are usually eligible for an insurance discount.
Questions frequently asked
Which is the best auto insurance company?
Because every driver is unique, the best auto insurance company will vary. To ensure you get the lowest rates and the best coverage compare auto insurance quotes from different providers in your region.
What is the cost of car insurance in Nashville?
Nashville’s average driver pays $1,361 annually for full coverage car insurance. Nashville’s average driver pays $411 per year for minimal coverage car insurance. Rate factors such as age, credit score, and claims history can impact the amount a driver pays.
What amount of Nashville car insurance do you need?
Nashville drivers must have at least 25/50/15 Personal Liability Car Insurance. However, most drivers opt to buy more coverage than is necessary. Although full coverage car insurance costs more, it provides additional protection and coverage for your vehicle.
