It’s amazing but a large majority of car insurance policyholders have been with the same company for at least the last four years, and nearly 40% of drivers have never compared rates with other companies. Nashville drivers can cut their rates by roughly $475 a year just by getting comparison quotes, but they don’t know the large savings they would see if they changed companies.
If you want to save the most money, the best way to get low-cost Volkswagen Touareg insurance in Nashville is to start doing a yearly price comparison from different companies who can sell car insurance in Tennessee.
First, try to understand how auto insurance works and the changes you can make to prevent expensive coverage. Many policy risk factors that cause rate increases such as at-fault accidents, careless driving, and poor credit history can be eliminated by making lifestyle changes or driving safer.
Second, obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can provide rates from one company like GEICO and State Farm, while independent agents can quote prices for a wide range of insurance providers. Find a Nashville insurance agent
Third, compare the new quotes to the price on your current policy to see if a cheaper price is available in Nashville. If you find a lower rate, make sure there is no coverage gap between policies.
An essential thing to point out is to make sure you enter the same amount of coverage on each price quote and and to get rate quotes from as many car insurance companies as possible. This helps ensure the most accurate price comparison and the best price selection.
This information will familiarize you with the best way to buy inexpensive auto insurance. If you have a current auto insurance policy, you will definitely be able to get lower rates using the ideas presented in this article. Consumers just need to know the most efficient way to shop their coverage around from many companies at once.
Don’t overlook these nine Volkswagen Touareg insurance discounts
Companies do not advertise all discounts very clearly, so the list below gives a summary of some of the more common in addition to some of the lesser obvious credits available to bring down your rates.
- Discount for Good Grades – This discount can save 20 to 25%. The good student discount can last well after school through age 25.
- Discount for Low Mileage – Low mileage vehicles may enable drivers to earn better rates on cars that stay parked.
- ABS Brakes – Anti-lock brake equipped vehicles can stop better under adverse conditions and the ABS can save up to 10%.
- Telematics Data Discounts – Drivers who elect to allow their car insurance company to track vehicle usage through the use of a telematics system such as In-Drive from State Farm or Allstate’s Drivewise system might see lower rates if they have good driving habits.
- Government Employee Discount – Employees or retirees of the government could cut as much as 10% off with some car insurance companies.
- Passenger Safety Discount – Vehicles equipped with air bags or motorized seat belts may earn rate discounts of 20% or more.
- Defensive Driver Discount – Passing a safe driver course may get you a small discount and make you a better driver.
- Save over 55 – Drivers over the age of 55 can possibly qualify for a small decrease in premiums.
- Own a Home – Owning a house in Nashville can help you save on car insurance since home ownership requires a higher level of personal finance.
We need to note that most credits do not apply to the whole policy. Most only apply to the cost of specific coverages such as liability and collision coverage. Even though it appears it’s possible to get free car insurance, that’s just not realistic.
The diagram below illustrates the comparison of Volkswagen Touareg yearly insurance costs with and without discounts. Data assumes a male driver, no violations or accidents, Tennessee state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, homeowner, claim-free, marriage, and multi-car discounts applied.
Some companies that may include these money-saving discounts possibly include:
Before you buy a policy, ask each insurance company how you can save money. Some of the earlier mentioned discounts may not be available in your area. To see a list of insurers who offer car insurance discounts in Nashville, click here to view.
The companies in the list below offer free quotes in Nashville, TN. If you want to find cheap auto insurance in TN, we recommend you visit several of them to get the best price comparison.
Statistics and details
The coverage table shown below covers a range of insurance premium costs for Volkswagen Touareg models. Having knowledge of how policy premiums are established can help customers make smart choices when purchasing an auto insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Touareg 3 Turbo Diesel AWD 4-Dr | $158 | $296 | $298 | $18 | $90 | $860 | $72 |
| Touareg 3.6 AWD 4-Dr | $158 | $296 | $298 | $18 | $90 | $860 | $72 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Rates do not factor in garaging location in Nashville which can change coverage prices significantly.
Cost of full coverage
The chart below illustrates the comparison of Volkswagen Touareg premium costs when comparing full coverage to state minimum liability only. Data assumes no tickets, no at-fault accidents, $100 deductibles, single status, and no discounts are applied to the premium.
When to buy liability coverage only
There is no set rule for dropping comprehensive and collision coverage on your policy, but there is a general school of thought. If the annual cost of your full coverage insurance is about 10% or more of the vehicle’s replacement cost less your deductible, then you may need to consider dropping full coverage.
For example, let’s pretend your Volkswagen Touareg settlement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, you would only receive $7,000 after you pay the deductible. If you are currently paying more than $700 a year for full coverage, then it might be time to consider dropping full coverage.
There are some scenarios where eliminating full coverage is not a good plan. If you still have a lienholder on your title, you must maintain physical damage coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should keep full coverage on your policy.
Buying insurance from Nashville auto insurance agents
Some people would prefer to get advice from a local agent and that can be a smart move Agents are trained risk managers and give you someone to call. A nice benefit of comparing insurance online is the fact that you can find the best rates but still work with a licensed agent. Buying from and supporting local agencies is important especially in Nashville.
After filling out this simple form, your insurance coverage information is immediately sent to companies in Nashville that can provide free Nashville car insurance quotes for your insurance coverage. You won’t even need to even leave your home because quoted prices will be sent to you directly. If you have a need to get a comparison quote for a specific company, you would need to visit that company’s website and fill out their quote form.
Insurance agent types
When looking for a reputable agency, it can be helpful to understand the different types of agencies that differ in how they can insure your vehicles. Nashville agents may be either independent agents or exclusive agents depending on their employer. Either can insure your vehicles properly, but it’s worth mentioning the difference between them because it can influence your selection of an agent.
Independent Insurance Agencies
Agents of this type can quote rates with many companies so they have the ability to put coverage through many different insurance companies enabling the ability to shop coverage around. If prices rise, your agent can just switch to a different company which makes it simple for you.
If you are comparing rate quotes, you should always check rates from multiple independent agents to get the best comparison.
Listed below is a small list of independent insurance agencies in Nashville that may be able to provide price quotes.
MJC Insurance Group
1506 Church St Suite 2 – Nashville, TN 37203 – (615) 873-1988 – View Map
HQ Insurance, Inc.
2451 Atrium Way – Nashville, TN 37214 – (615) 884-3535 – View Map
Sturdivant Insurance
1400 Forrest Ave – Nashville, TN 37206 – (615) 943-4962 – View Map
Exclusive Agencies
These type of agents can usually just insure with one company and examples are Allstate and State Farm. Exclusive agencies are unable to provide other company’s prices so they have no alternatives for high prices. Exclusive agents are usually quite knowledgeable on their company’s products and that allows them to sell at a higher price point.
Shown below is a list of exclusive agents in Nashville willing to provide rate quotes.
Marc Gant – State Farm Insurance Agent
6601 Sugar Valley Dr #114 – Nashville, TN 37211 – (615) 941-7094 – View Map
Cheryl Crewse – State Farm Insurance Agent
15582 Old Hickory Blvd – Nashville, TN 37211 – (615) 831-1800 – View Map
Vernon Wells – State Farm Insurance Agent
4704 Nolensville Rd – Nashville, TN 37211 – (615) 833-6333 – View Map
Selecting a auto insurance agent needs to be determined by more than just a cheap quote. The following questions are important to ask.
- What companies can they write with?
- How long has their agency been open in Nashville?
- When do they do a full risk review?
- What insurance company do they write the most business with?
- Does the agency provide any after hours assistance?
- Has the agent ever had any license suspensions?
After you get good feedback to these questions as well as offering an affordable quote, chances are good that you have found a car insurance agent that is reliable enough to service your policy.
Three reasons to not skimp on car insurance
Despite the high cost, insuring your vehicle is required in Tennessee but also provides important benefits.
- The majority of states have minimum mandated liability insurance limits which means you are required to carry specific limits of liability coverage in order to get the vehicle licensed. 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 lien on your vehicle, it’s guaranteed your bank will make it a condition of the loan that you have insurance to guarantee loan repayment. If you cancel or allow the policy to lapse, the bank or lender will purchase a policy for your Volkswagen at a much higher rate and require you to reimburse them for the expensive policy.
- Car insurance protects both your vehicle and your personal assets. Insurance will pay for all forms of medical expenses for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, also covers legal expenses in the event you are sued. If your vehicle suffers damage from an accident or hail, collision and comprehensive (also known as other-than-collision) coverage will cover the repair costs.
The benefits of buying enough insurance definitely exceed the cost, particularly if you ever have a claim. The average driver in Tennessee is overpaying over $865 each year so it’s very important to do a rate comparison once a year at a minimum to make sure the price is not too high.
Car insurance coverage specifics
Knowing the specifics of car insurance can help you determine the best coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. These are the usual coverages available from car insurance companies.
Collision coverage protection
Collision insurance pays for damage to your Touareg from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage pays for claims such as hitting a mailbox, damaging your car on a curb, driving through your garage door and sideswiping another vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It’s also possible to increase the deductible on your Touareg in order to get cheaper collision rates.
Liability coverages
This can cover damage that occurs to people or other property. This coverage protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/15 which stand for a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $15,000 paid for damaged property. Another option is one number which is a combined single limit that pays claims from the same limit without having the split limit caps.
Liability can pay for things such as loss of income, repair costs for stationary objects, medical expenses and repair bills for other people’s vehicles. How much liability should you purchase? That is your choice, but buy as large an amount as possible. Tennessee state law requires minimum liability limits of 25/50/15 but drivers should carry more coverage.
The next chart demonstrates why minimum state limits may not be adequate coverage.
Coverage for medical payments
Medical payments and Personal Injury Protection insurance reimburse you for bills for ambulance fees, nursing services, hospital visits, pain medications and EMT expenses. They are often used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
Comprehensive coverages
This coverage covers damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims such as hail damage, a broken windshield, damage from getting keyed, rock chips in glass and vandalism. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.
Uninsured and underinsured coverage
Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Volkswagen Touareg.
Because many people only carry the minimum required liability limits (25/50/15), it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.
Affordable auto insurance prices are available
When searching for affordable Nashville car insurance quotes, you should never buy poor coverage just to save money. Too many times, someone sacrificed comprehensive coverage or liability limits only to regret they didn’t purchase enough coverage. Your strategy should be to buy enough coverage at a price you can afford.
More affordable auto insurance in Nashville can be found from both online companies as well as from independent agents in Nashville, and you should compare rates from both to have the best selection. Some insurance providers may not provide online rate quotes and these regional insurance providers sell through local independent agencies.
For more information, feel free to visit these articles:
- Child Safety FAQ (iihs.org)
- Protecting Teens from Drunk Driving (Insurance Information Institute)
- Understanding Car Crashes Video (iihs.org)
- What is Full Coverage? (Allstate)