Cheap Insurance Nashville

Music City

We can’t talk about Nashville without talking about music. After all, since 1960 the city has been the most important music-producing city in America (second only to New York City). From Dolly Parton and the Grand Ole Opry, to gospel, to country, to rock and roll, Nashville’s routes are in its music. It’s arguably the center of the city’s economy, and new residents flock to Nashville every year to try their hand at performing or recording. Paired with the strong job market, this has helped the area grow to a population of just under 2 million residents (if you count the surrounding metropolitan area). That’s a population density of 1,300 people per square mile. While that might not mean much to us, it means a lot to insurance companies. More cars and more people mean higher rates, so take a few minutes to examine the alternatives for cheap insurance Nashville has to offer.

If it’s been more than half a year since you shopped for insurance, now’s a good time. With so many online resources, it only takes about 15 minutes to compare rates. Remember, insurance companies are constantly revising their rating structure, so new deals pop up every month.

Nashville Facts

Aside from tourism, the largest industry in Nashville is health care. Because of this, the city is the third-fastest growing municipality in the nation! Here are some other fun things to do in Nashville:

  • Strong tourism means great restaurants! Check out B.B. King’s Blues club or the Loveless Cafe for essential Nashville dining.
  • Nashville Shores is great for those of you who like amusement parks.
  • There are numerous botanical gardens and museums (and not all of them are music-related)!
  • If you want to stroll through country music history, check out the Country Music Hall of Fame.
  • The Lane Motor Museum is great for car lovers!

Speaking of car lovers, you’re probably here to learn about your insurance options, right? Whether you’re shopping for a new car, or just want to lower the rates on your current vehicle, here’s some helpful info.

 

Car Insurance

 

Nashville has a pretty rich car culture. Maybe it’s all those country stars driving their vintage trucks, or muscle cars. But we don’t want to forget about the everyday commuters either, so let’s start with the basics. Nashville residents require the same minimum car insurance coverage as the rest of Tennessee. Unlike other states, Tennessee has some pretty strict requirements, so it helps if residents compare all the options for cheap car insurance Nashville can offer.

Minimum Coverage in Nashville

The state of Tennessee requires these policy coverages:

  • Bodily Injury (BI) Liability, per person, per accident: $25,000
  • BI Liability for multiple people per accident: $50,000
  • Property Damage Liability, per accident: $15,000
  • Uninsured Motorist Coverage:
    • $25,000 for Bodily Injury per person
    • $50,000 for BI per accident
    • $15,000 for Property Damage

As you can see, Nashville requires more coverage than other states. Most other cities don’t require Uninsured Motorist coverage, but we always recommend it anyway. Especially in urban areas where more people tend to drive without insurance, or let their coverage lapse. The last thing you want is to get in a hit-and-run and not have any way to cover your injuries or damage to your car.

To make sure you have proper coverage, we recommend some (or all) of these additions.

  • Increased liability.
  • Collision coverage will cover damage to your vehicle if you are at-fault in an accident.
  • Comprehensive coverage includes theft or other damage not related to an auto collision.
  • Rental coverage reimburses you for car rental fees.
  • Towing or Roadside Assistance

Let’s talk about discounts

We wouldn’t recommend anything that increased your rates without giving you ways to save.

  • Discounts for safety courses taken
  • Marital discounts
  • Good driver discounts
  • Multi-car discounts
  • Multi-policy discounts
  • Association discounts
  • Education discounts
  • Occupation discounts
  • Mileage discounts

Car Quote

Motorcycle Insurance

 

Motorcycle insurance is required for anyone riding in Nashville, at the same minimum coverage as your auto insurance ($25,000/$50,000/$15,000 with matching Uninsured Motorist coverage). But remember, liability only covers damage or injury that you cause. If you’re at-fault you’ll need some extra coverage. But if you take the time to look at all the options for cheap motorcycle insurance Nashville can offer, you can find affordable rates for additional coverage.

Types of motorcycles you can cover in Nashville.

No matter what you’re riding, you’ll need to have it registered and insured. That includes:

  • Two-wheeled Motorcycles
  • Scooters
  • Mopeds
  • Motocross and dirt bikes
  • Trikes
  • Custom motorcycles and choppers
  • Kit bikes
  • Any factory-built two or three-wheeled vehicle

This is great because there are so many reasons to ride in Nashville. Maybe you like zipping around downtown on your moped, or riding with your motorcycle club. Anyone who rides knows what it feels like to have the wind rushing buy, and miles of open road under your wheels. But we also know that it can be a dangerous hobby. Especially in a city with so many cars.

Here are some recommended options for extra coverage

  • Physical damage coverage (Comprehensive and Collision coverage)
  • Accessory coverage (helmets, jackets, boots, etc.)
  • Roadside assistance
  • Additional liability

Are there discounts?

Most of the same discounts apply to both car and motorcycle insurance. These include Good Driver discounts and mileage discounts. For more info on how to lower your rates, be sure to talk to a broker.
Cycle Quote

 

Homeowners Insurance

 

Purchasing a home in Nashville is a great idea. Especially since the city just keeps growing. The median home value is around $250,000 right now, and it keeps going up. So if you’re buying your first home, or your third rental property, you’ll need to have it covered. Real estate is one of the best investments you can make, but it comes at a cost. You already know you need insurance if you have a mortgage, but don’t take the first offer you get. Like all insurance, it pays to get the cheap homeowners insurance Nashville buyers are finding every day.

Homeowners insurance isn’t required by law, but nobody in their right mind would leave their most valuable asset at risk. The best way to start is by knowing how much protection you need. Maybe replacement value is most important to you, or maybe covering your personal property is. There are hundreds of combinations that can get you the coverage you need at a rate you can afford.

Most homeowner insurance policies cover the following:

  • Damage to your home, including permanent structures on your property—unless your policy specifically excludes the cause of the damage.
  • Damage to personal property, meaning the items in your home that are not attached to the dwelling, due to causes outlined in your policy.
  • Liability coverage for legal matters or accidents that occur on your property.
  • Loss of use, which allows you to maintain your lifestyle at another residence while your home is being repaired without incurring additional costs.

Possible discounts

You might be surprised what discounts you qualify for. Sometimes you have to do a bit of digging, but a few minutes of extra work can save you hundreds per year.

  • Alarm systems can lower your monthly rates.
  • Sprinkler systems aren’t required in every state, but can give you a significant discount on your policy.
  • Bundling your HO policy with your auto or personal liability policy can get you a discount.
  • Close proximity to a fire station lowers your rates.
  • New roofs, plumbing, or wiring can get you a credit on your policy
  • Having “smart” appliances or security can lower your rates as well.

Home Quote

Life Insurance

Life insurance is about taking care of your loved ones. It’s not a topic anyone likes to discuss, but being prepared for the worst is important. Almost 40% of Americans go without life insurance. But those who take the time to find the cheap life insurance Nashville residents like you have already found, can bring a ton of peace of mind. If you’re like us, just the thought of shopping for life insurance is stressful. But once you have a policy in place, and have done the work, you’ll find your stress levels go down a ton!

The best part of life insurance is that you only really need to buy it once. Rates don’t change as much as other types of insurance, so once you find a good deal you can stick with it for 10, 20, or even 100 years in some cases! Some life insurance policies can even serve as investments or savings accounts.

 

Here are the basic types of policies:

Term Life:

  • Term life insurance is temporary because it’s meant to protect you for a certain period of time. Usually when you’re young, or in your “earning years.” Many people decide to lower their coverage, or purchase a different policy once they are retired.
  • Term policies usually cover you in increments ranging from 5 to 40 years.
  • The younger you start your policy, the cheaper it is for the long term.
  • For example, if you purchase a 20 year term policy, your rate will be locked in for 20 years and will not go up or down in a level term product.
  • However if the term expires and you decide you still need it, you’ll find the rates higher the older you are.

Permanent Life:

  • Permanent life insurance provides protection for your entire lifetime. 
  • There are limits sometimes, but they usually extend to 90 years or more. You can also buy one without any limit, at an added premium.
  • Most Permanent Life insurance policies can act as an investment. A portion of your payment can be withdrawn or borrowed against. This is known as “cash value.”
  • The catch is that these policies can more expensive than Term Life, or policies that only pay out a “death benefit”.
  • There is a “Permanent Term” option, which the most affordable permanent insurance, although it is more effective as life insurance protection than an investment.

Again, it’s also recommended to speak to a professional. This is only a quick summary of the 100s of life insurance options out there. There is a reason insurance agents carry licenses. They’ve spent years studying policies, and can find you the best insurance for your unique needs. Take a few minutes today to get quote. Once it’s done you can rest easy knowing your family and loved ones are protected should anything happen to you.
Life Quote

Health Insurance

Life and health go hand and hand, and everyone has different needs. When we hit a bump in the road and need to visit the doctor, we shouldn’t have to cringe at the cost. Now that health insurance is a requirement for all US residents, it pays to search for all the many choices for cheap health insurance Nashville providers offer.What we have in common is that we all need quality healthcare we can afford. Being protected means being able to get  a quick recommendation based on your unique needs. What you need right now may not be the same as what you needed a year ago. Life happens, and you need the right tools to keep up with all the changes life brings. Finding the balance for your situation is crucial, so make certain that you and your family are protected by finding the best health insurance available.

 

Here are some ways to save on your health insurance:

 

  • Spend more time researching what you need. How many family members need coverage? How often would you like to go to the doctor? Regular checkups or just occasional medical needs?
  • If you have prescription needs, check what your co-pay would be with different policies. This can save you a ton of money over time.
  • Most insurance plans give you the option to call a nurse practitioner. They can often diagnose common illnesses and give advice over the phone, instead of a live appointment. This can save you on your co-pays.
  • Some insurance companies even cover phone or online doctors!
  • Always review your medical bills for errors or ommissions.
  • Avoid the emergency room or ambulance rides unless they are absolutely necessary. These can take chunks out of your annual costs, leaving you with less money for the rest of the year. Depending on your policy, they may not even be fully covered.
  • Take advantage of any free preventative screenings or flu-shots. Most plans are focusing on preventative care more and more because it reduces health care costs over the long term.
  • Ask about generic versions of your medicine. Doctors won’t always give you this option unless you ask.
  • Always double check if your screenings, operations, and tests are absolutely necessary. Especially if you are paying for them out of pocket, or you are close to reaching your annual limits.
  • Practice healthy living and exercise. These are the single best ways to keep your health care costs low.

Health Quote

Renters Insurance

 

When you rent a house or apartment, it is still home. Just because your name isn’t on the title doesn’t mean you don’t deserve coverage. Most landlords don’t have policies that extend to renters. This can leave you and your belongings at risk in the event of a fire, theft, or other damage or loss. Your home contains your assets, heirlooms, and valuables. But the best part about this overlooked type of policy is that it is one of the cheapest. With all the options for cheap renters insurance Nashville has available, you can easily cover your assets. Just $25 per month can get you tens of thousands of dollars of personal property protection!

Did you know that most renters insurance policies can cover your personal property anywhere in the world?

Renters Insurance can cover:

  • Personal property, including all your clothes, furniture, appliances, and valuables. This coverage extends outside your home as well! So if your car is broken into, or your camera is stolen on vacation, your policy will usually cover it!
  • Liability. Just because you don’t own the property doesn’t mean you’re not liability for any accidents or injuries that take place in your home. Make sure you’re covered, because your landlord isn’t.
  • Loss-of-Use coverage will help provide temporary living arrangements if you are forced to move due to flooding, fire, or other loss of your rental.

A few minutes of your time can get you multiple renter’s insurance quotes. You can even lower your car or motorcycle rates by adding a renter’s policy to your existing insurance!

Renters Quote