The recommended way to find lower priced car insurance rates in Nashville is to compare prices at least once a year from insurers who sell auto insurance in Tennessee.
Step 1: Spend a few minutes and learn about what coverages are included in your policy and the changes you can make to drop your rates. Many rating factors that are responsible for high rates such as speeding tickets, careless driving and a not-so-good credit score can be rectified by making small lifestyle or driving habit changes. Continue reading for additional ideas to lower rates and get additional discounts.
Step 2: Get rate quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can give quotes from a single company like Progressive or Farmers Insurance, while agents who are independent can provide price quotes for many different companies. View a list of agents
Step 3: Compare the new rates to your existing policy to see if cheaper 6 coverage is available in Nashville. If you can save some money and change companies, make sure coverage does not lapse between policies.
Step 4: Provide proper notification to your current company of your decision to cancel your current policy. Submit payment and a completed application for your new policy. Be sure to keep your new certificate verifying proof of insurance with the vehicle registration.
A good tip to remember is to make sure you enter identical coverages on every quote and and to look at as many companies as you can. Doing this ensures a fair rate comparison and a complete price analysis.
It’s a fact that car insurance companies don’t want you to compare rates. Insureds who do rate comparisons are very likely to switch insurance companies because of the high probability of finding better rates. A recent survey found that people who routinely compared rates saved over $3,400 over four years compared to drivers who never shopped around for lower prices.
If finding the cheapest price on auto insurance is your target objective, then learning about the best ways to shop for insurance premiums can save time and make the process easier.
Locating the most cost-effective insurance policy in Nashville can really be easy if you know what you’re doing. If you’re already insured or just want cheaper rates, use these tips to find better prices and still have adequate protection. Shoppers only need to know the proper methods to quote multiple rates online.
How do Insurance Companies Determine Mazda 6 Insurance Premiums?
Many things are part of the equation when you get your auto insurance bill. Some of the criteria are obvious like an MVR report, although others are less obvious such as your credit history or your financial responsibility. An important part of buying insurance is that you know the rating factors that are used to determine insurance rates. If you have a feel for what determines base rates, this helps enable you to make changes that could help you find lower rates.
The items below are some of the most common factors used by insurance companies to determine rates.
Qualify for multi-policy discounts – Lots of insurers will give better rates to policyholders who have multiple policies with them such as combining an auto and homeowners policy. Discounts can add up to ten percent or more. Even if you already get this discount, drivers will still want to check prices from other companies to verify if the discount is saving money. You may still be able to find better rates even if you have your coverage with different companies
Your gender affects prices – Over the last 30 years, statistics show women are more cautious behind the wheel. It does not mean females are better drivers. Females and males are in accidents in similar numbers, but males tend to have more serious accidents. Men also get higher numbers of serious violations such as DWI and reckless driving.
The example below visualizes the comparison of Mazda 6 car insurance costs for male and female drivers. The data is based on no violations or accidents, comp and collision included, $500 deductibles, marital status is single, and no discounts are applied.
How old are your drivers? – Mature drivers are viewed as being more responsible, cost insurance companies less in claims, and are generally more financially stable. Beginning drivers are proven to be easily distracted when behind the wheel so insurance rates are higher.
The next chart uses these assumptions: single driver, full coverage with $500 deductibles, and no discounts or violations.
Poor credit can mean higher costs – An insured’s credit score will be a significant factor in your rate calculation. Therefore, if your credit rating could use some work, you may save money insuring your Mazda 6 by improving your credit score. Consumers who have excellent credit scores tend to be less risk to insure than drivers who have lower ratings.
Infrequent drivers can save – The more you drive in a year the more you’ll pay to insure your vehicle. A lot of companies calculate prices determined by how the vehicle is used. Cars not used for work or commuting cost less to insure compared to those used for work or business. Verify your vehicle rating properly reflects annual mileage, because it can save money. An incorrectly rated 6 can result in significantly higher rates.
Mazda 6 claim data – Companies use historical loss data when determining insurance prices. Vehicles that tend to have a trend towards higher claim severity or frequency will have higher rates. The data below shows the compiled insurance loss statistics for Mazda 6 vehicles.
For each policy coverage, the loss probability for all vehicles averaged together is set at 100. Percentage values below 100 imply a favorable loss record, while percentage values above 100 point to more losses or an increased chance of larger losses than average.
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Mazda 6 | 99 | 92 | 112 | 94 | 98 | 94 |
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Cutting your Nashville insurance rates can be quick and easy. Consumers just need to invest a little time to compare rate quotes to discover which company has low cost Nashville auto insurance quotes.
The car insurance companies shown below can provide free rate quotes in Tennessee. If you wish to find the best car insurance in Tennessee, it’s a good idea that you visit two to three different companies to get the lowest price.
Rates and detailed analysis
The premium information below covers a range of insurance costs for Mazda 6 models. Learning a little about how insurance premiums are formulated can help drivers make informed decisions when comparing rate quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 6 I Sport 4-Dr Sedan | $214 | $462 | $326 | $20 | $98 | $1,120 | $93 |
| 6 I SV 4-Dr Sedan | $214 | $462 | $326 | $20 | $98 | $1,120 | $93 |
| 6 I Touring 4-Dr Sedan | $214 | $462 | $326 | $20 | $98 | $1,120 | $93 |
| 6 I Touring Plus 4-Dr Sedan | $242 | $462 | $326 | $20 | $98 | $1,148 | $96 |
| 6 I Touring Plus 4-Dr Sedan | $242 | $462 | $326 | $20 | $98 | $1,148 | $96 |
| 6 I Grand Touring 4-Dr Sedan | $242 | $544 | $326 | $20 | $98 | $1,230 | $103 |
| 6 S Touring Plus 6 Cyl 4-Dr Sedan | $242 | $544 | $326 | $20 | $98 | $1,230 | $103 |
| 6 S Touring Plus 4-Dr Sedan | $242 | $544 | $326 | $20 | $98 | $1,230 | $103 |
| 6 S Grand Touring 4-Dr Sedan | $242 | $544 | $326 | $20 | $98 | $1,230 | $103 |
| 6 S Grand Touring 6 Cyl 4-Dr Sedan | $242 | $544 | $326 | $20 | $98 | $1,230 | $103 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Tennessee minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Premium amounts do not factor in vehicle garaging location which can affect insurance rates noticeably.
Should you raise deductibles?
When comparing auto insurance rates, the most common question is which deductible level should you buy. The tables below outline the premium difference when you select higher and lower coverage deductibles. The first price estimate table uses a $250 deductible for physical damage and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 6 I Sport 4-Dr Sedan | $224 | $376 | $288 | $18 | $86 | $1,017 | $85 |
| 6 I SV 4-Dr Sedan | $224 | $376 | $288 | $18 | $86 | $1,017 | $85 |
| 6 I Touring 4-Dr Sedan | $224 | $376 | $288 | $18 | $86 | $1,017 | $85 |
| 6 I Touring Plus 4-Dr Sedan | $252 | $376 | $288 | $18 | $86 | $1,045 | $87 |
| 6 I Touring Plus 4-Dr Sedan | $252 | $376 | $288 | $18 | $86 | $1,045 | $87 |
| 6 I Grand Touring 4-Dr Sedan | $252 | $444 | $288 | $18 | $86 | $1,113 | $93 |
| 6 S Touring Plus 6 Cyl 4-Dr Sedan | $252 | $444 | $288 | $18 | $86 | $1,113 | $93 |
| 6 S Touring Plus 4-Dr Sedan | $252 | $444 | $288 | $18 | $86 | $1,113 | $93 |
| 6 S Grand Touring 4-Dr Sedan | $252 | $444 | $288 | $18 | $86 | $1,113 | $93 |
| 6 S Grand Touring 6 Cyl 4-Dr Sedan | $252 | $444 | $288 | $18 | $86 | $1,113 | $93 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 6 I Sport 4-Dr Sedan | $138 | $236 | $288 | $18 | $86 | $766 | $64 |
| 6 I SV 4-Dr Sedan | $138 | $236 | $288 | $18 | $86 | $766 | $64 |
| 6 I Touring 4-Dr Sedan | $138 | $236 | $288 | $18 | $86 | $766 | $64 |
| 6 I Touring Plus 4-Dr Sedan | $156 | $236 | $288 | $18 | $86 | $784 | $65 |
| 6 I Touring Plus 4-Dr Sedan | $156 | $236 | $288 | $18 | $86 | $784 | $65 |
| 6 I Grand Touring 4-Dr Sedan | $156 | $278 | $288 | $18 | $86 | $826 | $69 |
| 6 S Touring Plus 6 Cyl 4-Dr Sedan | $156 | $278 | $288 | $18 | $86 | $826 | $69 |
| 6 S Touring Plus 4-Dr Sedan | $156 | $278 | $288 | $18 | $86 | $826 | $69 |
| 6 S Grand Touring 4-Dr Sedan | $156 | $278 | $288 | $18 | $86 | $826 | $69 |
| 6 S Grand Touring 6 Cyl 4-Dr Sedan | $156 | $278 | $288 | $18 | $86 | $826 | $69 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Premium costs do not factor in the specific area where the vehicle is garaged which can increase or decrease auto insurance rates substantially.
Using the data above, we can ascertain that using a $250 deductible will cost in the ballpark of $22 more each month or $264 every year than opting for the higher $1,000 deductible. Since you would pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to average at least 34 months between claim filings, you would save money by selecting a higher deductible.
Calculation for determining deductible levels
| Average monthly premium for $250 deductibles: | $89 |
| Average monthly premium for $1,000 deductibles (subtract): | – $67 |
| Monthly savings from raising deductible: | $22 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $22 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 34 months |
The information below illustrates how your deductible choice and can change Mazda 6 annual premium costs for different age categories. The data is based on a single female driver, full physical damage coverage, and no discounts are taken into consideration.
Auto insurance is not optional but you don’t have to overpay
Despite the high cost, paying for auto insurance is most likely required but also gives you several important benefits.
- The majority of states have mandatory liability insurance requirements which means you are required to carry a specific level of liability protection in order to license the vehicle. 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 your Mazda has a loan, most banks will force you to have physical damage coverage to guarantee their interest in the vehicle. If the policy lapses, the lender will be forced to insure your Mazda at a significantly higher premium and require you to reimburse them the higher price.
- Auto insurance protects not only your Mazda but also your financial assets. It also can pay for most medical and hospital costs incurred in an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if you are named as a defendant in an auto accident. If you have damage to your Mazda as the result of the weather or an accident, collision and comprehensive coverages will pay to have it repaired.
The benefits of carrying enough insurance more than cancel out the cost, particularly if you ever have a claim. Unknowingly, the average driver is overpaying more than $700 annually so you should quote your policy with other companies once a year at a minimum to ensure rates are inline.
Score discounts on Nashville auto insurance
Car insurance companies don’t always list their entire list of discounts in an easy-to-find place, so below is a list both well-publicized as well as some of the hidden credits available to lower your premiums when you buy Nashville auto insurance online. If you do not check that you are getting every discount you deserve, it’s possible you qualify for a lower rate.
- Service Members Pay Less – Having an actively deployed family member may qualify for rate reductions.
- Paper-free Discount – Many auto insurance companies will discount your bill up to fifty bucks for buying your policy over the internet.
- Discounts for Responsible Drivers – Insureds without accidents may receive a discount up to 45% than drivers with accidents.
- Homeowners Savings – Being a homeowner may trigger a policy discount on auto insurance because maintaining a house means you have a higher level of financial diligence.
- Theft Deterrent Discount – Cars, trucks, and SUVs with anti-theft systems help deter theft and that can save you a little bit as well.
- Distant Student – Any of your kids living away from Nashville attending college and won’t have access to an insured vehicle can be insured at a reduced rate.
It’s important to understand that most of the big mark downs will not be given to the whole policy. Most only cut specific coverage prices like liability and collision coverage. Even though it may seem like all the discounts add up to a free policy, company stockholders wouldn’t be very happy.
The diagram below shows the comparison of Mazda 6 car insurance rates with and without policy discounts. The rates are based on a female driver, no driving violations, no at-fault accidents, Tennessee state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, multi-policy, safe-driver, marriage, and claim-free discounts applied.
Auto insurance companies that may have most of the discounts above possibly include:
If you are trying to find inexpensive Nashville auto insurance quotes, ask every prospective company how many discounts you can get. A few discounts might not be available to policyholders in Nashville. If you would like to view auto insurance companies that offer many of these discounts in Tennessee, click this link.
Are insurance agencies used anymore?
Some people still prefer to sit down with an agent and doing that can be a smart decision Agents will help you protect your assets and will help you if you have claims. The best thing about comparing rate quotes online is you may find cheap rate quotes and still choose a local agent.
To find an agent, once you fill out this simple form, your coverage information is sent to local insurance agents in Nashville who will give you bids for your coverage. It makes it easy because there is no need to contact any agents because quoted prices will be sent to the email address you provide. If you have a need to quote rates for a specific company, don’t hesitate to visit that company’s website and fill out the quote form the provide.
Deciding on an insurer is decision based upon more than just a low price. The questions below may impact your decision as well.
- Are they full-time agents?
- Do they have a Better Business Bureau rating in Nashville?
- What is the financial rating for the quoted company?
- Do they have designations such as AIC, CPCU, or CIC?
- Can they provide you with a list of referrals?
- How is replacement cost determined on your vehicle?
- What company holds the largest book of business for them?
Pick the best auto insurance agent in Nashville for you
If you want to use a reputable agency, it can be helpful to understand the different agency structures and how they differ in how they can insure your vehicles. Agencies in Nashville can be described as either independent or exclusive. Either type can write policy coverage, but it’s a good idea to understand how they differ since it can affect your selection of an agent.
Exclusive Car Insurance Agencies
Exclusive agents can only provide pricing for a single company and some examples include State Farm or Allstate. Exclusive agents are unable to shop your coverage around so they have to upsell other benefits. These agents are usually quite knowledgeable on their company’s products which helps offset the inability to provide other markets. Some insured continue to purchase coverage from exclusives mainly due to the prominence of the brand rather than having the cheapest rates.
The following are Nashville exclusive agents who can help you get price quote information.
- Jeff Summers – State Farm Insurance Agent
336 21st Ave N – Nashville, TN 37203 – (615) 320-3016 – View Map - Barbara Stewart – State Farm Insurance Agent
3055 Lebanon Pike #2103 – Nashville, TN 37214 – (615) 391-5300 – View Map - Heather Farmer State Farm Insurance
6592 TN-100 Suite 2 – Nashville, TN 37205 – (615) 356-6503 – View Map
Independent Car Insurance Agencies
Agents of this type are appointed with more than one company and that gives them the ability to insure with many different companies and help determine which has the cheapest rates. If you want to switch companies, they simply move your policy to a different company and you stay with the same agent. When comparing rate quotes, you definitely need to compare prices from a couple of independent agencies for the best price selection. Most have the option of insuring with less well-known companies that may have much lower rates than larger companies.
Listed below are independent agents in Nashville willing to provide price quotes.
- Tri-City Insurance Agency
4400 Nolensville Pike – Nashville, TN 37211 – (615) 331-0770 – View Map - MJC Insurance Group
1506 Church St Suite 2 – Nashville, TN 37203 – (615) 873-1988 – View Map - Affordable Insurance Agency
3225 Gallatin Pike – Nashville, TN 37216 – (615) 645-1900 – View Map
Cheap auto insurance premiums are out there
Budget-conscious Mazda 6 insurance can be found both online and also from your neighborhood Nashville agents, and you need to comparison shop both in order to have the best chance of saving money. Some insurance providers may not provide rates over the internet and these small, regional companies only sell coverage through independent agents.
Insureds who switch companies do it for any number of reasons including unfair underwriting practices, lack of trust in their agent, policy cancellation or high rates after DUI convictions. Regardless of your reason, choosing a new company can be easier than you think.
We’ve covered a lot of ways to shop for Mazda 6 insurance online. The key thing to remember is the more you quote Nashville auto insurance, the better chance you’ll have of finding the cheapest Mazda 6 rate quotes. You may even discover the lowest prices are with a smaller regional carrier.
Much more information about auto insurance in Tennessee can be read below:
- Rental Reimbursement Coverage (Allstate)
- Who Has Affordable Nashville Auto Insurance Quotes for 4×4 Vehicles? (FAQ)
- How Much are Nashville Auto Insurance Rates for a Toyota 4Runner? (FAQ)
- Older Drivers FAQ (iihs.org)
- Airbag FAQ (iihs.org)