Smart shoppers know that insurance companies don’t want customers comparing rates. People who shop around annually will presumably move their business because of the good chance of finding discount prices. A recent survey revealed that people who routinely shopped around saved over $3,400 over four years compared to drivers who never shopped around for cheaper prices.
If finding the most affordable car insurance in Nashville is why you’re reading this, knowing how to compare insurance can make it easier to find better rates.
If saving the most money is your goal, then the best way to get the cheapest Ford Fusion Hybrid insurance in Nashville is to begin comparing prices regularly from companies who sell auto insurance in Tennessee. This can be done by following these steps.
- Learn about how auto insurance works and the measures you can take to keep rates in check. Many policy risk factors that cause rate increases such as at-fault accidents, speeding tickets, and poor credit can be improved by making minor driving habit or lifestyle changes.
- Obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give prices from a single company like GEICO or State Farm, while independent agencies can give you price quotes from multiple companies.
- Compare the price quotes to your existing coverage and determine if there is any savings. If you find a lower rate quote and decide to switch, verify that coverage does not lapse between policies.
- Provide written notification to your current company of your decision to cancel the current policy and submit the required down payment along with the signed application to the new insurer. Once coverage is bound, keep the new certificate verifying proof of insurance somewhere easily accessible.
The key thing to remember is to use the same level of coverage on every price quote and to quote with every company you can. This ensures a fair price comparison and and a good selection of different prices.
Cheapest Ford insurance rates in Nashville
The auto insurance companies shown below can provide comparison quotes in Nashville, TN. To get the cheapest auto insurance in Nashville, we recommend you get rates from several of them to get a more complete price comparison.
Ford Fusion Hybrid coverage analysis
The data table displayed next showcases estimates of insurance policy prices for Ford Fusion Hybrid models. Learning a little about how auto insurance premiums are figured helps drivers make decisions on which insurance to purchase.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Fusion Hybrid 4-Dr Sedan | $242 | $628 | $408 | $24 | $122 | $1,424 | $119 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Information does not factor in garaging location in Nashville which can alter auto insurance rates significantly.
The information below illustrates how choosing a deductible and can impact Ford Fusion Hybrid premium costs for different ages of insureds. Data assumes a single female driver, comp and collision included, and no policy discounts are applied.
Gender-based auto insurance rates in Nashville
The information below compares Ford Fusion Hybrid premium costs for male and female drivers. The information is based on no accidents, no driving violations, comp and collision included, $100 deductibles, drivers are single, and no policy discounts are applied.
Difference between liability only and full coverage rates
The illustration below visualizes the comparison of Ford Fusion Hybrid insurance premiums with full physical damage coverage compared to only buying the minimum liability limits required in Tennessee. The premiums assume no claims or driving violations, $100 deductibles, single marital status, and no policy discounts are applied.
Are you wasting money on full coverage?
There is no set guideline for phasing out comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the annual cost of having full coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then it could be time to drop full coverage.
For example, let’s say your Ford Fusion Hybrid replacement cost is $9,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $8,000 after paying the physical damage deductible. If you are paying more than $800 a year for comprehensive and collision coverage, then it might be time to buy liability only.
There are some cases where dropping full coverage is not recommended. If you haven’t paid off your loan, you must maintain physical damage coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should maintain full coverage.
Save money with these nine discounts on Ford Fusion Hybrid insurance in Nashville
Insuring your vehicles can cost a lot, but you may qualify for discounts that can drop the cost substantially. Many of these discounts will be applied automatically at the time you complete a quote, but once in a while a discount must be specially asked for before being credited.
- Theft Deterrent System – Vehicles that have factory alarm systems and tracking devices are less likely to be stolen so companies will give you a small discount.
- Bundled Policy Discount – When you have multiple policies and insure them both with the same insurance company they may give you a discount of at least 10% off all policies.
- Multi-car Discount – Purchasing coverage when you have more than one vehicle on a single policy may reduce the rate for each vehicle.
- ABS Brakes – Anti-lock brake equipped vehicles can avoid accidents so you can save 10 percent or more.
- Include Life Insurance and Save – If the company offers life insurance, you could get a discounted price on car insurance if you buy a life policy as well.
- Accident Waiver – Not necessarily a discount, but some insurance companies will forgive one accident before they charge you more for coverage if your claims history is clear before the accident.
- Memberships – Participating in certain professional organizations can get you a small discount on your next auto insurance statement.
- Resident Student – Any of your kids who are enrolled in a college that is more than 100 miles from Nashville and do not have a car may be able to be covered for less.
- Discount for New Cars – Buying a new car instead of a used Fusion Hybrid can save up to 30% since newer vehicles have better safety ratings.
Consumers should know that most discount credits are not given to all coverage premiums. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. Just because you may think all the discounts add up to a free policy, company stockholders wouldn’t be very happy.
The illustration below shows the comparison of Ford Fusion Hybrid annual premium costs with and without discounts being applied to the rates. The premium estimates are based on a male driver, a clean driving record, no claims, Tennessee state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, homeowner, multi-policy, safe-driver, and marriage discounts applied.
Some of the insurance companies that may include some of the above discounts include:
Before purchasing a policy, check with all the companies which discounts can lower your rates. Discounts may not apply to policyholders in your area. To see a list of auto insurance companies with discount auto insurance rates in Tennessee, click this link.
Tailor your auto insurance coverage to you
When selecting the best auto insurance coverage for your vehicles, there isn’t really a “best” method to buy coverage. Your needs are not the same as everyone else’s and your auto insurance should unique, too. For instance, these questions could help you determine whether or not you might need professional guidance.
- Will I be non-renewed for getting a DUI or other conviction?
- What is PIP insurance?
- Are all vehicle passengers covered by medical payments coverage?
- Do I have coverage if I rent a car in Mexico?
- Is my camper covered for physical damage?
- Who sells insurance for high-risk drivers?
- Should I carry comprehensive and collision coverage?
- Is borrowed equipment or tools covered if stolen or damaged?
If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.
Compare rates but buy from a neighborhood Nashville auto insurance agent
Many drivers still prefer to go talk to an agent. Professional insurance agents can make sure you are properly covered and give you someone to call. The biggest benefit of comparing car insurance online is that you can find the best rates and still choose a local agent. Buying insurance from neighborhood insurance agencies is still important in Nashville.
Upon completion of this short form, your information is sent to agents in your area who want to provide quotes for your business. It simplifies rate comparisons since you won’t have to contact an agency as quotes are delivered to you directly. If you need to compare prices from a specific company, feel free to search and find their rate quote page and fill out their quote form.
Choosing an company requires more thought than just a low price. Any good agent in Nashville should know the answers to these questions.
- Is auto insurance their primary focus in Nashville?
- Do you need full coverage on every vehicle?
- Can you use your own choice of collision repair facility?
- Do they offer rental car reimbursement?
- Do they offer accident forgiveness?
If you get positive feedback to any questions you have and a good coverage price, you’ve probably found an insurer that can be trusted to insure your vehicles.
Specific coverage details
Having a good grasp of your car insurance policy can be of help when determining the right coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Listed below are typical coverages found on the average car insurance policy.
Comprehensive auto coverage
This pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things such as damage from flooding, hitting a bird, rock chips in glass and hail damage. The maximum amount a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.
Medical payments and PIP coverage
Med pay and PIP coverage reimburse you for immediate expenses like dental work, X-ray expenses, surgery and hospital visits. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is not an option in every state and gives slightly broader coverage than med pay
Liability
Liability insurance will cover damage that occurs to other people or property that is your fault. It protects YOU from legal claims by others, and does not provide coverage for your injuries or vehicle damage.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 25/50/15 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and property damage coverage for $15,000. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.
Liability coverage protects against claims such as attorney fees, legal defense fees and medical expenses. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford. Tennessee state law requires minimum liability limits of 25/50/15 but you should consider buying better liability coverage.
The illustration below shows why minimum state limits may not be high enough to cover claims.
Coverage for collisions
Collision coverage will pay to fix damage to your Fusion Hybrid resulting from a collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for claims such as sustaining damage from a pot hole, hitting a parking meter, crashing into a ditch, damaging your car on a curb and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Drivers also have the option to bump up the deductible on your Fusion Hybrid to save money on collision insurance.
UM/UIM (Uninsured/Underinsured Motorist) coverage
Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Ford Fusion Hybrid.
Due to the fact that many Tennessee drivers only carry the minimum required liability limits (which is 25/50/15), it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Normally these limits are set the same as your liability limits.
Smart consumers save more
Cost effective Ford Fusion Hybrid insurance is available on the web and with local Nashville insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance providers may not provide rate quotes online and usually these smaller companies prefer to sell through local independent agents.
We just presented some good ideas how you can compare Ford Fusion Hybrid insurance car insurance rates in Nashville. The key thing to remember is the more companies you get premium rates for, the better your chances of lowering your premium rates. You may even be surprised to find that the lowest priced insurance comes from a small mutual company. Some small companies may only write in your state and offer lower premium rates as compared to the big name companies such as State Farm or Progressive.
For more information, take a look at the articles below:
- Young Drivers: The High Risk Years Video (iihs.org)
- Who Has Affordable Auto Insurance for Drivers with a Bad Driving Record in Nashville? (FAQ)
- Who Has Cheap Auto Insurance Rates for a Toyota Highlander in Nashville? (FAQ)
- What Auto Insurance is Cheapest for a School Permit in Nashville? (FAQ)
- What Insurance is Cheapest for 17 Year Olds in Nashville? (FAQ)
- How to Avoid Common Accidents (State Farm)
- How do I File a Claim? (Insurance Information Institute)
- Teen Driver Licensing Information (iihs.org)
- Eight Auto Insurance Myths (Insurance Information Institute)