Dodge Challenger Insurance Quotes in Nashville

Do you get exhausted from not being able to afford each month for car insurance? You have the same problem as the majority of other people in Tennessee.

A recent car insurance study discovered that the vast majority of drivers kept their policy with the same company for a minimum of four years, and roughly 40% of drivers have never compared rates with other companies. With the average car insurance premium being $1,400, Tennessee drivers can save almost 35% each year, but they just assume it takes a lot of time to do a rate comparison.

Many auto insurance companies compete to insure your vehicles, and it can be difficult to compare rates to get the lowest cost out there.

Consumers need to do rate comparisons once or twice a year because car insurance prices trend upward over time. Just because you had the lowest quotes on Dodge Challenger insurance in Nashville at your last renewal other companies may now be cheaper. Ignore everything you know about car insurance because you’re about to learn how to use online quotes to find great coverage at a great price.

If you have coverage now, you stand a good chance to be able to find better prices using the ideas covered in this article. Locating the most cost-effective insurance policy in Nashville is actually quite easy if you know where to start. Although Tennessee vehicle owners must know how the larger insurance companies determine prices and take advantage of how the system works.

Just keep in mind that obtaining a wide range of quotes increases the chance that you will find more affordable insurance.

The companies in the list below can provide price quotes in Tennessee. If multiple companies are listed, we recommend you get rates from several of them to get the most competitive price.

Don’t overlook these five Dodge Challenger insurance discounts

Auto insurance companies do not advertise the complete list of policy discounts in a way that’s easy to find, so we researched a few of the more common as well as the least known credits that may apply to you.

• Theft Deterrent – Cars and trucks optioned with advanced anti-theft systems are less likely to be stolen and earn discounts up to 10% off your Nashville auto insurance quote.
• Federal Employees – Active or former government employment could cut as much as 10% off with some insurance companies.
• Accident Forgiveness – This one is not really a discount per se, but companies like GEICO and Allstate will allow you to have one accident without the usual rate increase if you are claim-free prior to the accident.
• Telematics Discount – Insureds that choose to allow data collection to spy on driving manner by using a telematic data system such as Progressive’s Snapshot could save a few bucks as long as the data is positive.
• Save with More Vehicles Insured – Buying a policy with more than one vehicle with the same insurance company can reduce the rates for all insured vehicles.

It’s important to understand that most credits do not apply to the overall cost of the policy. Most only cut the cost of specific coverages such as collision or personal injury protection. So when it seems like it’s possible to get free car insurance, company stockholders wouldn’t be very happy.

The chart below shows the comparison of Dodge Challenger car insurance costs with and without discounts applied to the premium. The price estimates are based on a female driver, no claims or driving citations, Tennessee state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, multi-car, homeowner, claim-free, and safe-driver discounts applied.

A partial list of companies that may have these benefits include:

• Progressive
• GEICO
• State Farm
• Esurance
• The Hartford

If you need low cost Nashville auto insurance quotes, ask every company which discounts you qualify for. A few discounts might not be available to policyholders in every state. To see companies with discount rates in Nashville, follow this link.

Coverage information

The table below highlights different insurance rates for Dodge Challenger models. Being aware of how policy premiums are figured can help guide drivers when making decisions on the best policy coverages.

Data rating is based on married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Estimates do not factor in specific location which can alter insurance rates substantially.

Higher deductibles lower rates

When buying car insurance, a common question is which comprehensive and collision deductibles to buy. The comparison tables below sum up the price difference between high and low deductibles. The first rate comparisons uses a $250 deductible and the second set of prices uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, claim-free, and multi-policy. Premium amounts do not factor in specific garaging location which can modify coverage prices noticeably.

Based on this data, we can arrive at the conclusion that using a $250 deductible costs an average of $15 more each month or $180 each year averaged for all Challenger models than opting for the higher $500 deductible. Because you would be required to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you have at a minimum 17 months between claims, you would most likely save money if you elect the higher deductible.

The illustration below highlights how deductible choice and can raise or lower Dodge Challenger insurance costs for different age groups. The costs are based on a married female driver, full coverage, and no policy discounts are applied.

Dodge Challenger insurance costs by gender and age

The illustration below compares Dodge Challenger premium costs for male and female drivers. The premiums are based on no claims or driving citations, comp and collision included, $1,000 deductibles, drivers are single, and no discounts are taken into consideration.

Cost of full coverage

The example below shows the difference between Dodge Challenger annual premium costs with and without full coverage. The prices are based on no tickets, no at-fault accidents, $500 deductibles, drivers are single, and no discounts are applied to the premium.

Should you pay for full coverage?

There is no set rule of when to exclude physical damage coverage, but there is a general school of thought. If the yearly cost of comp and collision coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might want to think about dropping full coverage.

For example, let’s say your Dodge Challenger replacement cost is $7,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would receive is $6,000 after paying your policy deductible. If premium cost is more than $600 annually to have full coverage, then you may need to consider dropping full coverage.

There are some cases where only buying liability is not a good idea. If you haven’t satisfied your loan, you must maintain physical damage coverage to satisfy the loan requirements. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should not eliminate full coverage.

Local neighborhood Nashville car insurance agents

A small number of people still prefer to get advice from a local agent and that can be a smart move One of the great benefits of comparing insurance prices online is that you can find the best rates and still have a local agent.

After completing this form (opens in new window), your information is instantly submitted to insurance agents in Nashville who can give free rate quotes for your business. There is no need to search for any insurance agencies since price quotes are sent to you instantly. You can get cheaper auto insurance rates and an insurance agent to talk to. If for some reason you want to get a price quote from one company in particular, you just need to jump over to their website and complete a quote there.

Finding a good company needs to be determined by more than just the bottom line cost. Ask your prospective agent these questions:

• How many years of experience in personal auto insurance do they have?
• Do they review policy coverages at every renewal?
• If your car is in the repair shop, do you have coverage for a rental car?
• Is the agent properly licensed in Tennessee?
• Is the agent CPCU or CIC certified?
• By raising physical damage deductibles, how much would you save?
• How are they compensated?
• Are you getting all the discounts the company offers?

Choose an insurance agent wisely

If you would like to find a reputable insurance agent or broker, you should know the different types of agencies and how they operate. Agents in Nashville are categorized either independent or exclusive depending on the company they work for.

Exclusive Insurance Agents

Agents in the exclusive channel can usually just insure with one company such as Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agents cannot give you multiple price quotes so they have no alternatives for high prices. Exclusive agencies are well schooled on their products and sales techniques which helps offset the inability to provide other markets.

Below are Nashville exclusive agencies who can help you get rate quotes.

More Nashville agents

Independent Insurance Agents

Agents that choose to be independent do not work for one specific company so they can quote policies amongst many companies and find you the best rates. If prices rise, they can switch companies in-house and the insured can keep the same agent.

If you need lower rates, we highly recommend that you get insurance quotes from at least one independent agent to have the best price comparison.

The following are Nashville independent agents that are able to give rate quotes.

More Nashville agents

Insurance agents can help

Always remember that when buying coverage, there really is not a cookie cutter policy. Your needs are unique to you so your insurance needs to address that.
Here are some questions about coverages that can help discover whether your personal situation will benefit from professional help.

• Can my babysitter drive my car?
• Should I put collision coverage on all my vehicles?
• Is a new car covered when I drive it off the dealer lot?
• Is upholstery damage covered by car insurance?
• At what point should I drop full coverage?
• Can I afford to pay high deductible claims out of pocket?
• Will filing a claim cost me more?

If it’s difficult to answer those questions then you might want to talk to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Why you need vehicle insurance in Tennessee

Even though it’s not necessarily cheap to insure a Dodge in Nashville, paying for insurance is required in Tennessee but also provides important benefits.

• The majority of states have minimum liability requirements which means you are required to buy a specific level of liability insurance in order to drive the car legally. 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 took out a loan on your Dodge Challenger, it’s most likely the lender will make it a condition of the loan that you buy full coverage to ensure loan repayment if the vehicle is totaled. If you do not keep the policy in force, the bank may insure your Dodge at a much higher premium rate and require you to pay the higher price.
• Insurance protects both your vehicle and your personal assets. It will also pay for many types of medical costs that are the result of an accident. Liability insurance, one of your policy coverages, will also pay to defend you if you cause an accident and are sued. If damage is caused by hail or an accident, comprehensive and collision coverage will cover the repair costs.

The benefits of insuring your Challenger greatly outweigh the cost, particularly for liability claims. An average driver in America is wasting up to $855 a year so compare rate quotes at least once a year to make sure the price is not too high.

Insurance coverage considerations

Knowing the specifics of a insurance policy helps when choosing which coverages you need and the correct deductibles and limits. Policy terminology can be ambiguous and coverage can change by endorsement. Listed below are typical coverages offered by insurance companies.

Comprehensive auto coverage

This coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as falling objects, vandalism, hitting a bird, theft and damage from flooding. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability insurance

This coverage protects you from injuries or damage you cause to other’s property or people. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/15 which stand for $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and $15,000 of coverage for damaged property.

Liability coverage protects against things like medical expenses, funeral expenses and medical services. How much coverage you buy is a personal decision, but buy as much as you can afford. Tennessee requires minimum liability limits of 25/50/15 but drivers should carry better liability coverage.

The chart below shows why buying the state minimum limits may not be adequate coverage.

Medical payments and PIP coverage

Med pay and PIP coverage reimburse you for immediate expenses for things like funeral costs, nursing services, EMT expenses, chiropractic care and surgery. They are utilized in addition to your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and also covers getting struck while a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Collision coverage protection

Collision coverage covers damage to your Challenger resulting from a collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like hitting a mailbox, colliding with a tree, sustaining damage from a pot hole and scraping a guard rail. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. You can also increase the deductible on your Challenger to bring the cost down.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits (which is 25/50/15), it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Best auto insurance in Nashville

Picking the best insurance provider is hard considering how many different companies insure vehicles in Nashville. The rank data displayed below could help you analyze which providers to look at shopping prices with.

Frequent quotes can save

We’ve covered many tips how you can save on Dodge Challenger insurance in Nashville. It’s most important to understand that the more times you quote, the better likelihood of getting the cheapest Dodge Challenger rate quotes. You may even find the lowest prices come from some of the smallest insurance companies. These companies may often insure only within specific states and give better rates as compared to the big name companies such as State Farm, GEICO and Nationwide.

As you prepare to switch companies, it’s not a good idea to buy lower coverage limits just to save a few bucks. There have been many situations where someone dropped physical damage coverage only to discover later that it was a big error on their part. Your objective should be to purchase plenty of coverage at the lowest possible cost and still be able to protect your assets.

How to find cheaper quotes for Dodge Challenger insurance in Nashville

It takes a little time, but the best way to get low-cost auto insurance rates in Nashville is to do an annual price comparison from insurers in Tennessee. This can be done by completing these steps.

First, read and learn about car insurance and the modifications you can make to prevent high rates. Many factors that are responsible for high rates like careless driving and poor credit history can be remedied by improving your driving habits or financial responsibility.

Second, compare price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only give rate quotes from one company like GEICO and State Farm, while independent agents can provide price quotes from multiple companies.

Third, compare the new quotes to your existing rates and see if there is a cheaper rate in Nashville. If you can save money, ensure coverage does not lapse between policies.

Fourth, provide notification to your current company of your decision to cancel your current auto insurance policy and submit the application along with any required down payment to your new insurance company. Once the application is submitted, put the new certificate of insurance in your vehicle’s glove compartment or console.

One key aspect when comparing rates is to try to use the same coverage limits and deductibles on every quote request and and to look at as many companies as possible. Doing this enables an accurate price comparison and the best price quote selection.

More information can be read at these links:

• How Much Auto Coverage do I Need? (Insurance Information Institute)
• How Much are Nashville Car Insurance Quotes for Teenage Males? (FAQ)
• How Much are Auto Insurance Rates for Good Drivers in Nashville? (FAQ)
• Who Has Affordable Nashville Car Insurance Rates for Drivers Under 21? (FAQ)
• Who Has Affordable Auto Insurance for Low Mileage Drivers in Nashville? (FAQ)
• Who Has Cheap Nashville Auto Insurance for Drivers Over Age 60? (FAQ)
• A Tree Fell on Your Car: Now What? (Allstate)
• Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)