Table of contents
How much is car insurance in Nashville?
|Area||Average Monthly Car Insurance Premium|
Based on the chart above, you can see that car insurance rates in Nashville are in line with rates across the rest of Tennessee.
Car insurance rates in Nashville are more affordable than the national average. It's about $27 cheaper than the national average to insure your vehicle in Nashville.
Although these are the average rates for auto insurance in Nashville, that doesn't mean it's exactly what you'll pay. There are a number of factors that determine how much insurance companies might charge you for your insurance policy. Things like age, gender, vehicle make and model, driving record and, in some areas, credit score can all play a part in the bill you'll see each month.
We've done the heavy lifting for you and broken down the average rate for Nashville so that you can get a more accurate idea of what your policy will cost you. To find out if you're overpaying for your area, just enter your ZIP code below and find out in minutes!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|45-54||Not Enough Data|
Generally, the older you are the more experienced you behind the wheel, right? That experience can lead to some serious savings when it comes to car insurance bills. In this case, 18-24-year-olds pay more than someone who is at retirement age.
For every 10 years, you can expect to see a drop in your monthly premium. As you get closer to retirement age, however, you may see your rates begin to climb back up.
Average Car Insurance Rates by Gender
Female drivers pay, on average, slightly less than their male counterparts. In Nashville, although women do pay a little bit less on their monthly insurance rates, the cost is about the same for either group.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
One of the biggest factors in determining your car insurance rates is your driving record. Drivers who avoid accidents and tickets will pay significantly lower rates than those with infractions. In Nashville, having a single accident on your record will usually get you rates around $68 a month. On a similar note, drivers with one ticket on their record will be looking at a monthly rate of about $80 on average.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$50|
|15 Years or Older||$55|
According to the first table above, the cheapest vehicles to insure in Nashville are trucks, vans, and SUVs.
The policies for car owners average around $52, while SUV owners typically see rates of around $50 to insure each month.
The average monthly cost for coverage for truck and van drivers usually runs about $50 as well.
In addition to vehicle type, you can also expect to see slightly different rates based on the age of your vehicle. Newer vehicles are generally going to be the most expensive to insure. However, once your car is around 5 years old, you may start to see your monthly premium drop back down. In Nashville, however, the most expensive vehicles to insure are vehicles fifteen years and older.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$54|
More often than not, people who are married will pay less for their car insurance. This usually boils down to owners having multiple vehicles on the same policy, something that will often get you a discount.
In Nashville, single drivers pay around $9 more a month when compared to their married counterparts.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$82|
Your living accommodations is another factor that affects your monthly rate. In Nashville, homeowners can expect to pay around $8 a month less than those who rent. But if you live with your parents, you can expect to pay a lot more.
Depending on your insurance company, they may offer you a discount if you bundle your home or renters insurance with your auto policy.
Car Insurance Companies in Nashville, TN
Recent trends in car insurance for Nashville drivers
Since car insurance rates are constantly changing, it's a good idea to know the local trends in your area before deciding before picking an insurance policy.
The cost of auto insurance in Nashville decreased from 2016-2018, when it hit a low of $44. This pattern leveled out in 2019, when it began to rise, and has continued on that road through the present, where policy premiums reached a high of $59 per month.
How does Nashville compare to neighboring areas?
Why are car insurance rates in Nashville different from other areas?
There are numerous factors car insurance companies will consider when choosing how much to charge for a monthly rate. The price of your insurance policy will depend largely on where you live and will be influenced by things such as:
- Crime rates
- Regional laws
- Availability of off-street parking
- Total amount of drivers in the community
- General road safety (how many accidents each locality has)
Knowing the make-up of these factors can be helpful when deciding on purchasing a new policy or thinking about making a move. Each area will have different rates. Guides like these are a wonderful place to get started.
How can I find the cheapest car insurance in Nashville?
Arming yourself with information about the average costs for drivers in your area will better prepare you for the real deal. The only way to know for sure what your rate will be is by asking for a quote from car insurance companies.
Don't worry, Compare.com does all of that work for you. Just type in your ZIP below, answer a few questions regarding the factors mentioned above, and you'll be comparing the cheapest quotes from many of the car insurance companies offering auto coverage in Nashville.
Nashville Insurance FAQs
What factors affect car insurance quotes in Nashville?
Quotes are calculated by car insurance companies who take multiple factors into consideration, including things you can't control like your gender and age, but also factors like your credit score, driving record, marital status, and address.
Why is the cost of car insurance in Nashville different from other neighboring cities?
Auto insurance companies consider regional factors, such as parking situations, local laws, and crime rates into account when calculating the monthly rate for coverage. Since these can all vary from city to city the rates you may see can differ from neighboring areas.
Which car insurance company will offer me the cheapest rate in Nashville?
Since the factors that go into calculating your monthly payment vary from person to person, there isn't one company that will always offer the cheapest rate to everybody. You can be confident that you're receiving the best price possible however, by using sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Nashville?
Whenever you relocate or experience another major life event, such as finding a new job or getting married, you should consider revisiting your current insurance policy. Using services like Compare.com to compare quotes from multiple companies at once is a great way to make sure you're getting the cheapest rate for your new location.
Do I need to wait for my policy to expire to switch to a different car insurance company?
Not at all, in fact you can switch companies at any point, regardless of how much time is left on your current policy. If you're thinking about moving to Nashville or haven't checked out the latest rates in your area for some time, it might be worth your while to take 10 minutes and see if Compare.com can save you any cash.