Your driving profile affects which insurer is the cheapest. In Nashville, Auto-Owners offers the lowest rate for minimum coverage or with a sports car. State Farm is the cheapest for full coverage, young adults or seniors or with a violation. USAA is ideal for military-affiliated drivers. Teens and drivers with poor credit get the best value from Nationwide.
MoneyGeek also ranked the best car insurance providers in Nashville that balance affordability and quality service.
Cheapest Car Insurance in Nashville, TN
Cheapest Minimum Coverage Car Insurance in Nashville
The average cheapest car insurance companies for a minimum coverage policy in Nashville are:
- Auto-Owners: $244 per year
- State Farm: $269 per year
Progressive is the least affordable provider in Nashville for minimum coverage of the companies MoneyGeek collected quotes for, charging roughly $555 per year.
Tennessee Farm Bureau is the cheapest auto insurance company in Tennessee, with an average statewide premium of $276 a year for minimum coverage. Its cost in Nashville, though, averages $375 a year. That shows how location can affect which company offers the cheapest car insurance.
Compare Insurance Rates
Ensure you are getting the best rate for your insurance. Compare quotes from the top insurance companies.
In Tennessee, minimum liability coverage has bodily injury and property damage at these limits:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $25,000 property damage liability per accident
Your liability coverage is how much your insurer will pay for any third-party injured driver and passengers if you’re at fault for an accident. You’ll have to pay out of pocket for any expenses that exceed the policy’s liability limits.
For example, if you carry a policy with bodily injury liability limits of $25,000 per person and $50,000 per accident, your insurer will pay up to those amounts in an at-fault accident. So, if two people are injured, and both have medical bills totaling $30,000, your insurer only pays $25,000 per person, so you are responsible for $10,000.
When you get auto insurance in Tennessee, the insurance company must offer uninsured motorist (UM) coverage. You can reject the coverage in writing. However, insurance professionals strongly advise every driver to have UM and underinsured motorist (UIM) coverage. UM covers the damages you incur when hit by an uninsured driver or a hit-and-run. UIM steps in when a driver who hits you does not have enough coverage to pay your damages. In Tennessee, the uninsured motorist rate is over 23%, which is amongst the highest in the nation, displaying how important this coverage is for a Nashville driver. — Mark Friedlander, Director, Corporate Communications, Insurance Information Institute
Cheapest Full Coverage Car Insurance in Nashville
The average cheapest car insurance companies for a full coverage policy in Nashville are:
- State Farm: $629 per year
- Auto-Owners: $631 per year
Progressive is the most expensive insurer for full coverage in Nashville at around $1,351 per year.
Erie offers the cheapest full coverage car insurance in Tennessee, averaging $768 per year. That’s much more than the cost in Nashville for full coverage through Auto-Owners, displaying the effect location has on auto insurance.
Full coverage insurance increases your financial protection by adding comprehensive and collision coverage to your policy.
- Collision insurance: Covers the costs to repair or replace your vehicle if it sustains damage in an at-fault accident, such as a collision with another vehicle or an object, such as a fence, light pole or tree.
- Comprehensive insurance: Covers expenses related to the repair or replacement of your vehicle if it sustains damage in a non-collision incident like theft, fire, animal damage or a weather-related event.
Paying hundreds of dollars more a year for full coverage might not be a sensible decision if you have an older car that’s lost much of its value. But we advise drivers of newer and more expensive cars to purchase full coverage.
Compare minimum and full coverage policies.
Find the best option
Get matched with an insurer in Nashville.
Cheaper insurers could pocket you hundreds of dollars per year.
Cheapest Car Insurance in Nashville After a Driving Offense
The average cheapest car insurance companies for a full coverage policy after a driving violation in Nashville are:
- Speeding ticket: State Farm ($691 per year)
- At-fault accident: State Farm ($753 per year)
- DUI: State Farm ($691 per year)
Progressive is the most expensive provider in Nashville for drivers with a speeding ticket or an at-fault accident, with a full coverage policy averaging $1,785 and $2,445 per year, respectively. Chubb is the least affordable option for drivers with a DUI at around $4,306 per year.
Drivers with a moving violation tend to pay a higher rate than those with a clean record. We found that even the cheapest insurers could charge more for the same policy.
You might notice a spike in your car insurance premium after a traffic violation, and the more severe it is, the higher the rate bump. For example, the average cost of a full coverage policy in Nashville increases by around $206 a year after getting a speeding ticket and roughly $810 annually after a DUI.
We’ve listed several ways to get cheap auto insurance with a bad driving record.
Accident forgiveness, an optional coverage, is a great choice for drivers with clean motor vehicle records to add to their auto insurance policies. With it, should you be involved in an at-fault accident, your policy cost will not go up. Many companies offer this add-on coverage, and some, like GEICO and Progressive, award accident forgiveness for free when you maintain a driving record that is clear of moving violations. — Mark Friedlander, Director, Corporate Communications, Insurance Information Institute
Cheapest Car Insurance in Nashville for Teens and Their Families
The average cheapest car insurance companies for teens on a full coverage family policy in Nashville are:
- Nationwide: $1,389 per year for female teens; $1,589 per year for male teens
- State Farm: $1,640 per year for female teens
- Allstate: $1,755 per year for male teens
Progressive is the least affordable insurer for teen drivers on a family policy in Nashville, with full coverage costing around $3,134 per year for females and $3,387 per year for males.
Male teens typically face a higher insurance rate because they are considered more prone to reckless driving. With the cheapest provider, Nationwide, the premium difference between female and male teens amounts to roughly $203 per year. In early adulthood, the difference in cost diminishes.
Auto insurance can be very expensive for teens. The most affordable option is joining a family policy, and teens under 18 cannot legally get auto insurance themselves without a parent or guardian to co-sign.
With a 16-year-old male in Nashville on a family policy, the cost is around $2,273 per year for full coverage, compared to roughly $5,163 per year if he purchases a separate policy. That’s equivalent to an annual savings of around $2,890 just by making simple, smart choices to purchase the cheapest auto insurance for teens.
Cheapest Car Insurance in Nashville for Military Drivers
The average cheapest car insurance companies for active-duty military members and veterans in Nashville are:
- USAA: $553 per year
- State Farm: $629 per year
These rates are for full coverage. For minimum coverage, the cheapest options are USAA and Auto-Owners, at around $221 and $244 per year, respectively.
How to Compare Cheap Nashville Car Insurance Quotes Online
The best way to find the most affordable car insurance is by comparing rates, but getting personalized quotes online in Nashville could take more than 15 minutes per company. Plus, you’ll need to provide a lot of personal information.
MoneyGeek’s car insurance calculator gives you a quick ballpark figure of your premium from multiple companies. You just need to provide your age, vehicle type, preferred coverage level and driving record to get reliable estimates.
Auto Insurance Calculator
See how the Average Annual Auto Insurance Rates vary with the options chosen.
Cheapest Car Insurance in Nashville for Young Adults
The average cheapest auto insurance companies for young adults with a full coverage policy in Nashville are:
- State Farm: $808 per year
- Auto-Owners: $911 per year
Progressive is the most expensive company in Nashville for young adults, at roughly $1,747 a year for full coverage.
Young adults pay less than teens but more than older drivers. We found that 25-year-old Nashville drivers pay around $251 more for full coverage car insurance than 40-year-old drivers.
Cheapest Car Insurance in Nashville for Seniors
The following companies have the average cheapest car insurance for seniors in Nashville with full coverage:
- State Farm: $577 per year
- Auto-Owners: $601 per year
Progressive is the most expensive for seniors in Nashville, with a full coverage policy costing roughly $1,232 per year.
MoneyGeek found that car insurance rates for older drivers in Nashville are slightly cheaper than for middle-aged drivers, which is not always the case nationwide. On average, 65-year-olds pay $869 per year, while 40-year-old drivers spend $913 for full coverage.
Cheapest Car Insurance in Nashville for Poor Credit
Drivers with a poor credit history will find the average cheapest full coverage car insurance in Nashville from the following companies:
- Nationwide: $1,039 per year
- Grange: $1,125 per year
Progressive has the most expensive annual rate for full coverage at $2,220 for poor credit Nashville drivers.
Nashville drivers with bad credit pay around $630 more per year for full coverage auto insurance than those with good credit. That is nearly a 69% increase in the annual premium.
If you’re concerned about your credit score driving up your auto insurance rate, know that there are ways to get cheap auto insurance with bad credit.
Insurers may think that drivers with poor credit or a low credit-based insurance score are more likely to file claims than those with good credit, and this leads insurance providers to charge a higher rate.
To keep your premium affordable, search for providers that offer lots of discounts that you qualify for, such as for bundling policies, being a safe driver or having airbags or anti-lock brakes in your car. You should also make sure to shop around for quotes and try to increase your credit score, such as by making on-time payments.
Cheapest Car Insurance in Nashville for Sports Cars
The following companies offer the average cheapest car insurance for sports car drivers with full coverage in Nashville:
- Auto-Owners: $648 per year
- State Farm: $780 per year
Progressive has the highest average annual rate for full coverage with a sports car in Nashville at $1,609.
Insurers do consider the type of car you drive when calculating your premium. On average, Nashville drivers with a standard Toyota Camry pay $913 per year for full coverage auto insurance. This rate increases by about 10% or $89 a year if you drive a Ford Mustang.
MoneyGeek gathered quotes for a Ford Mustang to get an idea of how much car insurance is with a sports car in Nashville. Sport, luxury and electric vehicles tend to be more expensive to insure. We found the same in Nashville, although the premium may vary by make and model.
Average Cost of Car Insurance in Nashville
The average cost of auto insurance in Nashville is $913 per year for a full coverage policy with liability limits of $100,000 for bodily injury per person, $300,000 for bodily injury per accident and $100,000 for property damage per accident.
Full coverage car insurance in Nashville is more expensive yearly compared to the average cost of car insurance in Tennessee by around $14, but it is roughly $352 cheaper than the national average of $1,265 per year.
In other Tennessee cities, car insurance is less than in Nashville. For example, Knoxville is around $838 yearly, and Chattanooga is roughly $858 per year.
Keep in mind that several factors affect your actual rate, and location is only one of them.
About Mark Fitzpatrick