Finding reliable, cost effective car insurance is challenging, and deciding which companies quote the best auto insurance rates for teenage females takes even more rate comparisons. Every car insurance company has their own unique process for determining prices, so we’ll go over the most affordable auto insurance companies in Nashville, TN.
It’s important that you understand Nashville, TN auto insurance rates are based on many factors which can substantially decrease or increase the cost of having a policy. This price fluctuation is why Nashville drivers need to spend some time comparing rates to find cheap auto insurance quotes for teenage females. Prices are calculated by many things and can increase or decrease at any time, so the lowest-price company six months ago may now be quite expensive.
Best Cheap Insurance Rates for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Utica National | $767 |
| 2 | Auto-Owners | $836 |
| 3 | Cincinnati Insurance | $850 |
| 4 | Penn National | $908 |
| 5 | USAA | $919 |
| 6 | Erie | $957 |
| 7 | Tennessee Farmers | $961 |
| 8 | Allied | $1,029 |
| 9 | Nationwide | $1,032 |
| 10 | Westfield | $1,037 |
| 11 | GEICO | $1,156 |
| 12 | Travelers | $1,165 |
| 13 | Progressive | $1,178 |
| 14 | State Farm | $1,201 |
| 15 | The Hartford | $1,208 |
| 16 | Shelter | $1,223 |
| 17 | State Auto | $1,241 |
| 18 | Direct General | $1,251 |
| 19 | 21st Century | $1,274 |
| 20 | Chubb | $1,316 |
| Compare Rates Now Go | ||
Utica National offers some of the cheapest car insurance rates in Nashville at around $767 per year. Auto-Owners, Cincinnati Insurance, Penn National, and USAA also are some of the cheaper Nashville, TN insurance companies.
As shown above, if you currently buy coverage from Cincinnati Insurance and switched to Utica National, you might realize yearly savings of around $83. Tennessee drivers with Penn National could save as much as $141 a year, and USAA policyholders might lower prices by $152 a year.
Be aware that those premium estimates are averages across all drivers and vehicles and and are not figured with a vehicle location for teenage females. So the company that has the cheapest price for you may not even be in the list above. That is why you need to get auto insurance quotes using your own specific driver and vehicle information.
The vehicle model you are seeking coverage for is one of the largest considerations when comparing the most affordable car insurance for teenage females. Vehicles with lots of speed or power, a lack of safety features, or a track record of large liability claims will cost significantly more to insure than safer, lower-performance models. The next list features auto insurance rates for the most cost-effective automobiles to insure in Tennessee.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX 2WD | $4,006 |
| Ford Escape XLS 2WD | $4,015 |
| Honda Accord EX 4-Dr Sedan | $4,006 |
| Toyota Prius | $4,337 |
| Ford Edge SE 2WD | $4,462 |
| Jeep Wrangler Rubicon 4WD 2-Dr | $4,500 |
| Volkswagen Jetta SE 2.5 Station Wagon | $4,590 |
| Ford Focus SE 4-Dr Sedan | $4,715 |
| Chevrolet Impala LT | $4,753 |
| Toyota RAV4 4WD | $4,760 |
| Chevrolet Equinox LS 2WD | $4,753 |
| Ford Explorer Eddie Bauer AWD | $4,793 |
| Toyota Tacoma Double Cab 4WD | $4,799 |
| Dodge Grand Caravan Crew | $4,793 |
| Ford F-150 Lariat Super Cab 2WD | $4,799 |
| Find Cheaper Rates Go | |
Data based on single female driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Tennessee minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium costs do not factor in garaging location in Nashville, TN which can revise coverage rates considerably.
Looking at the data, you can see that cars like the Honda CR-V, Ford Escape, and Honda Accord are some of the cheapest vehicles to insure for teen girls. The cost of auto insurance will be more costly just due to the fact that there is more claim exposure for teenage females, but in general those vehicles will have the lowest insurance rates possible.
Full coverage versus liability-only
Saving money when shopping for auto insurance is important to the majority of drivers, and one way to find cheaper insurance for teenage females is to not insure for full coverage. The illustration below illustrates the comparison of annual premium costs when comparing full coverage to liability only. The prices are based on no accidents, no driving violations, $100 deductibles, marital status is single, and no policy discounts are applied.
As an overall average, physical damage insurance costs an additional $2,220 per year over and above liability only. At some point, about every driver wonders when is it safe to stop buying full coverage. There is no definitive formula for phasing out comp and collision coverage, but there is a general school of thought. If the annual cost of having full coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you may want to consider only buying liability coverage.
For example, let’s pretend your vehicle’s replacement value is $6,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would receive is $5,000 after paying the physical damage deductible. If you are paying over $500 annually for comprehensive and collision coverage, then you might consider buying liability only.
There are some cases where only buying liability is not advised. If you still owe a portion of the original loan, you have to carry full coverage in order to satisfy the requirements of the loan. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not buy liability only.
How to get discounts on Nashville auto insurance rates
Auto insurance companies that offer coverage for teenage females may additionally offer price discounts that can lower rates by as much as 30% if you are eligible. The best auto insurance companies and some of the premium reductions they offer can be found below.
- Farmers Insurance may include discounts for teen driver, good student, business and professional, homeowner, and switch companies.
- Esurance may offer discounts for DriveSense, paid-in-full, safety device, online quote, Pac-12 alumni, renters, and Switch & Save.
- State Farm offers premium reductions for anti-theft, accident-free, multiple policy, defensive driving training, Drive Safe & Save, Steer Clear safe driver discount, and good student.
- GEICO has discounts for air bags, federal employee, emergency military deployment, multi-vehicle, and daytime running lights.
- Allstate offers discounts including new car, premier discount, good student, auto/life discount, teenSMART discount, farm vehicle, and resident student.
The example below visualizes the comparison of insurance premiums with and without discounts applied to the premium. The information is based on a male driver, a clean driving record, no claims, Tennessee state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows the price with no discounts. The second bar shows the rates with paperless filing, passive restraint, good student, anti-theft, paid-in-full, and vehicle safety discounts applied. When these discounts are applied to the policy premium, the average savings per year on auto insurance for teenage females is 28% or $590.
What is the best auto insurance company in Nashville?
Selecting the best company can be a challenge considering how many different insurance companies sell coverage in Tennessee. The company ratings listed below may help you pick which insurers to look at comparing prices from.
These ratings are for large insurance companies, so companies that focus mainly on Tennessee business are not included in these rankings. To compare price quotes from these and other companies in Tennessee, just click here.
Top 10 Major Auto Insurers Overall in Nashville
- Travelers
- USAA
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive
- American Family
Top 10 Major Auto Insurers in Nashville Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%
- The Hartford – 87%