Discover How to Find the Cheapest Price on Smyrna, TN Car Insurance

Are you overwhelmed by the wide range of car insurance companies in Smyrna? Many other drivers are as well. People have so many options available that it can easily become a challenge to find better rates.

If you are paying for car insurance now, you will most likely be able to cut costs considerably using these tips. Pricing the best car insurance in Smyrna can be fairly easy. But Tennessee consumers must understand the way insurance companies market insurance on the web and use this information to your advantage.

Factors that affect insurance rates

Smart consumers have a good feel for the different types of things that go into determining the price you pay for car insurance. Understanding what controls the rates you pay empowers consumers to make smart changes that could result in better car insurance rates.

  • Credit scores impact car insurance rates – Credit score is a huge factor in your rate calculation. Consumers who have excellent credit tend to be less risk to insure than drivers who have lower ratings. If your credit history is low, you could pay less to insure your by improving your rating.
  • More than one policy can earn a discount – Many insurance companies provide better rates to people who have multiple policies with them such as combining an auto and homeowners policy. Discounts can amount to 10 percent or more. Even with this discount, you may still want to shop around to make sure you are getting the best deal. You may still find better rates by splitting coverages up.
  • Rate your vehicle for proper use – The more miles you rack up on your car in a year’s time the higher your rates will be. Most insurance companies apply a rate determined by how the vehicle is used. Autos that are left in the garage get more affordable rates than vehicles that are driven to work every day. Verify your car insurance policy shows how each vehicle is driven.
  • Liability insurance protects assets – Your policy’s liability coverage is the coverage that protects you when you are found liable for causing damage or personal injury in an accident. Liability provides for a legal defense starting from day one. Liability insurance is quite affordable as compared to coverage for physical damage, so do not cut corners here.
  • What are your deductibles? – Deductibles for physical damage represent how much money you are required to spend before a claim is paid by your company. Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your car. Examples of covered claims could be colliding with a building, damage caused by hail, and burglary. The higher the amount you’re willing to pay, the bigger discount you will receive.
  • Bad driving skills means higher rates – Your driving citation history has a lot to do with how much you pay for insurance. Careful drivers receive lower rates than bad drivers. Just one citation can boost insurance rates forty percent or more. Drivers who have serious citations like reckless driving, hit and run or driving under the influence may need to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to continue driving.

Save money by taking advantage of these discounts

Insuring your vehicles can cost a lot, buy you may qualify for discounts to reduce the price significantly. Some trigger automatically when you quote, but a few must be inquired about before being credited.

  • Employee of Federal Government – Active or retired federal employment could cut as much as 10% off depending on your company.
  • Drivers Ed for Students – Require your teen driver to complete a driver education course in high school.
  • Discount for Good Grades – A discount for being a good student can earn a discount of 20% or more. The good student discount can last until age 25.
  • Claim Free – Claim-free drivers pay less as compared to bad drivers.
  • Defensive Driver – Completing a course in driver safety could cut 5% off your bill if your company offers it.
  • Sign Online – Some insurance companies may give you up to $50 for buying a policy and signing up digitally online.
  • Passive Restraints and Air Bags – Cars that have air bags or motorized seat belts can receive discounts of more than 20%.
  • Organization Discounts – Affiliation with a professional or civic organization could trigger savings when buying car insurance.

As a disclaimer on discounts, most discount credits are not given to the overall cost of the policy. A few only apply to individual premiums such as medical payments or collision. So when the math indicates all those discounts means the company will pay you, you’re out of luck. But all discounts will bring down the amount you have to pay.

For a list of insurers offering car insurance discounts in Tennessee, click here.

The fine print in car insurance ads

Car insurance companies such as 21st Century, Allstate and State Farm regularly use ads in print and on television. They all seem to make the same claim that you’ll save big if you move to their company. How can each company say the same thing?save money concept

Insurance companies have a preferred profile for the type of driver that is profitable for them. For example, a driver they prefer might be between 30 and 50, has no prior claims, and chooses high deductibles. Any driver who matches those parameters will get very good rates and most likely will cut their rates substantially.

Potential insureds who don’t qualify for the “perfect” profile must pay higher rates and ends up with the driver buying from a lower-cost company. The ads say “customers that switch” but not “drivers who get quotes” save that much money. That’s why companies can advertise the way they do.

This illustrates why you should get a wide range of price quotes. It is impossible to predict which car insurance company will give you the biggest savings.

When should I use an insurance agent?

When choosing coverage, there really is not a “perfect” insurance plan. Everyone’s needs are different.

Here are some questions about coverages that could help you determine if your insurance needs may require specific advice.

  • Can I drive in Mexico and have coverage?
  • Are my friends covered when driving my vehicle?
  • Are there companies who specialize in insuring high-risk drivers?
  • Are split liability limits better than a combined single limit?
  • Why am I required to buy high-risk coverage?
  • Is borrowed equipment or tools covered if stolen or damaged?

If you can’t answer these questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form.

Additional information is located on the Tennessee Department of Commerce and Insurance website located here. Consumers can report car insurance fraud, discover disciplinary actions, learn about specific coverages, and file complaints about a company.

lower rates in Smyrna TN

The following information may also be useful.

One last thing

Insureds switch companies for a number of reasons such as delays in paying claims, denial of a claim, an unsatisfactory settlement offer or even delays in responding to claim requests. It doesn’t matter why you want to switch choosing a new insurance company can be easy and end up saving you some money.

When you buy insurance online, do not buy less coverage just to save a little money. There are too many instances where drivers have reduced full coverage only to discover later that it was a big error on their part. Your goal should be to purchase a proper amount of coverage at a price you can afford, not the least amount of coverage.

Cheaper car insurance is definitely available from both online companies as well as from independent agents in Smyrna, and you need to price shop both so you have a total pricing picture. There are still a few companies who don’t offer you the ability to get quotes online and these small, regional companies work with independent agents.