Insurance Costs in Nashville, TN
Auto insurance in Nashville averages $1,687 per year for full coverage, which is close to the national average. Here is a detailed breakdown of what residents pay.
Updated July 2026Auto Insurance in Nashville, TN: What You Need to Know
Nashville residents pay an average of $1,687 per year for full coverage auto insurance, which is 15.0% above the Tennessee state average and Near the national average.
With a population of 689,447, Nashville is one of the largest cities in Tennessee. Higher population density, more traffic congestion, and increased accident risk all contribute to above-average insurance rates.
Coverage Level Comparison
| Coverage Type | Annual Cost | Monthly Cost |
|---|---|---|
| Full Coverage (100/300/100) | $1,687 | $141 |
| Standard Coverage (50/100/50) | $1,383 | $115 |
| State Minimum (25/50/15) | $709 | $59 |
Homeowners Insurance in Nashville, TN
The average cost of homeowners insurance in Nashville is $2,253 per year ($188/month), which is 23.8% above the national average.
Home insurance costs are influenced by local factors including weather risks (hail, wind, flooding), property values, local building costs, and proximity to fire stations.
Renters Insurance in Nashville, TN
Renters insurance in Nashville averages $204 per year ($17/month). Renters insurance is affordable and protects your personal belongings, provides liability coverage, and may cover temporary living expenses if your rental becomes uninhabitable.
Compare with Other Tennessee Cities
| City | Auto Insurance | Home Insurance |
|---|---|---|
| Memphis | $1,878/yr | $2,399/yr |
| Knoxville | $1,496/yr | $1,919/yr |
| Chattanooga | $1,526/yr | $1,982/yr |
| Clarksville | $1,394/yr | $1,836/yr |
| Murfreesboro | $1,438/yr | $1,919/yr |
| Franklin | $1,291/yr | $2,253/yr |
| Johnson City | $1,350/yr | $1,711/yr |
| Jackson | $1,540/yr | $1,836/yr |
How to Save on Insurance in Nashville
- Shop around. Get quotes from at least 3-5 different insurers. Rates in Nashville can vary by $500 or more between companies for the same coverage.
- Bundle auto and home/renters. Many companies offer 10-25% off when you carry multiple policies.
- Increase your deductible. Raising your deductible from $500 to $1,000 can cut your premium by 15-30%.
- Ask about local discounts. Some insurers offer discounts for anti-theft devices, safe driving courses, or parking in a garage.
- Review coverage annually. Your needs change over time. Make sure you are not paying for coverage you do not need.
Frequently Asked Questions
How much is car insurance in Nashville, TN?
The average cost of car insurance in Nashville, TN is $1,687 per year for full coverage, or about $141 per month. Minimum coverage costs around $709 per year.
Is car insurance expensive in Nashville?
Car insurance in Nashville is about average for the U.S.
How much is home insurance in Nashville?
Homeowners insurance in Nashville costs an average of $2,253 per year. Your actual cost depends on your home's value, age, construction type, and specific location.