Cheapest car insurance companies in Nashville 

Travelers and Tennessee Farmers have the cheapest car insurance premiums for Nashville drivers in 2023, based on a data study by Insurance.com. 

Travelers offers the cheapest car insurance premium for Nashville drivers at an annual rate of $1,390 a year, on average. 

Car insurance prices in Nashville can differ based on where you live, your driving history, coverage limit, and your insurance provider. To find the best deal on auto insurance, it's wise to compare quotes from various companies. Below are the companies that offer cheap car insurance to Nashville drivers.

CompaniesAverage annual rates
USAA$1,165
Travelers$1,390
Tennessee Farmers$1,519
Progressive$1,573
Nationwide$1,633
Farmers$1,666
State Farm$1,675
Geico$1,691
Erie Insurance$1,767
Allstate$3,000

Cheapest car insurance cost in Nashville by Age Group 

The cheapest auto insurance company in Nashville for teen drivers is Erie Insurance. For full coverage, its average annual rate for Nashville drivers is $4,385. Insurance companies put teenagers in the category of high-risk drivers, and as a result, they are charged higher rates for insurance. 

Teenagers can lower their insurance costs by strategically utilizing the good student discount or remaining listed as a driver on their parent's policy.

For young drivers in Nashville, USAA has the cheapest auto insurance rates, with an average annual cost of $1,882 annually

Drivers in Nashville stepping into their 30s can expect a substantial drop in car insurance costs compared to their younger counterparts. USAA has the cheapest car insurance rates for a full coverage policy for adult drivers, averaging $1,186 a year

USAA tops the list in terms of affordability for senior drivers in Nashville. With an average annual premium of $1,181, USAA offers senior drivers the cheapest car insurance rates, allowing them to enjoy peace of mind.

CompanyTeensYoung AdultsAdultsSeniors
Erie Insurance$4,385$2,900$1,791$1,812
USAA$4,474$1,882$1,186$1,181
Travelers$4,494$2,185$1,419$1,440
Tennessee Farmers$4,615$2,901$1,537$1,412
State Farm$5,155$2,912$1,691$1,635
Geico$5,679$2,789$1,751$1,729
Nationwide$6,917$2,935$1,596$1,640
Farmers$7,606$2,230$1,589$1,647
Progressive$7,640$2,668$1,602$1,740
Allstate$9,849$4,767$2,976$3,078

Cheapest car insurance companies in Nashville by driver profile 

Driver profile is one of the many factors that insurers take into account to determine car insurance premiums in Nashville. Drivers with a history of accidents or traffic citations on their record can expect significantly higher costs than those with a clean driving record.

Comparison shopping is the key to getting the cheapest car insurance rates in Nashville. By comparing rates from multiple providers, you ensure you're getting the coverage you need at an affordable price.

Here are some of the cheapest car insurance companies in Nashville based on driver profile. 

Nationwide is the cheapest car insurance option for drivers with poor credit. Its average annual auto insurance cost for Nashville drivers is $1,507

Drivers with poor or bad credit scores in Nashville can consider the following car insurance companies to get the affordable car insurance coverage. 

CompanyAverage annual rates
Nationwide$1,507
Geico$1,584
USAA$1,699
Farmers$1,940
Travelers$2,235
State Farm$2,669
Allstate$3,256
Progressive$3,337

Based on recent data analysis, 30-year-old drivers in Nashville with speeding tickets on their driving record can get the cheapest car insurance rates from USAA at an annual cost of $1,162.

Remember that the cheapest car insurance company for you may not be the cheapest company for someone else. Ensure you compare car insurance quotes from various carriers to secure the most favorable deal. This way, you can find the insurance company that offers the best rates and coverage for your specific needs. 

CompanyAverage annual premium
USAA$1,162
State Farm$1,298
Nationwide$1,544
Farmers$1,764
Geico$1,845
Travelers$1,869
Allstate$2,204
Progressive$2,671

Looking for affordable car insurance rates after an at-fault accident? It can be a challenge, but with comparison shopping, you might find a policy that suits your budget.

Drivers in Nashville with at-fault accidents on their driving records can find the cheapest car insurance rates with State Farm. Its full coverage policy costs an average of $1,407 annually.

CompanyAverage annual rates
State Farm$1,407
USAA$1,629
Nationwide$1,807
Travelers$1,910
Farmers$2,061
Geico$2,179
Allstate$2,983
Progressive$3,615

State Farm is the cheapest option for Nashville drivers seeking affordable auto insurance rates after a DUI conviction, at an annual rate of $1,298, on average.

If you are convicted of a DUI, your auto insurance rates are likely to go up. To obtain the best possible offer, it is essential to compare car insurance quotes from multiple carriers. 

CompanyAverage annual rates
State Farm$1,298
USAA$1,922
Farmers$2,126
Geico$2,286
Travelers$2,314
Nationwide$2,424
Progressive$2,994
Allstate$3,264

Average car insurance cost in Nashville 

In Nashville, the average annual cost for full coverage car insurance is around $1,708, which breaks down to approximately $142 per month. These rates are based on coverage levels of 100/300/100. On the other hand, the average yearly rate for state minimum coverage in Nashville is about $502.

Full coverage car insurance may cost more than the state minimum, but it offers valuable protection beyond just covering damage to other drivers' vehicles. Unlike state minimum, full coverage includes damage to your vehicle in addition to liability coverage.

You can potentially lower your full coverage premium by comparing quotes from different carriers. It allows you to find the best coverage at a competitive price.

Average annual RatesState minimum average
$1,708$502

Methodology

Insurance.com commissioned 2023 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:

  • 40-year-old male driver
  • Honda Accord LX
  • 12-mile daily commute, 10,000 annual miles
  • Good credit
  • Clean record

While the rates for drivers with poor credit, speeding tickets, DUI and at-fault accidents were sourced from the Auto Problems Report 2023.

Rates are based on coverage limits of:

  • $100,000 bodily injury per person
  • $300,000 bodily injury per accident
  • $100,000 property damage per accident
  • $500 comprehensive and collision deductible

Insurance.com analyzed rates from over 34,000 ZIP codes, 56 million quotes, and 136 companies. Based on the analysis, we have created lists of the cheapest companies for different driver profiles. USAA also made it to the list, but it offers services only to current and former military members and their families. Rates sourced from Quadrant Data Services for comparison purposes only; your rates may differ.

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