Save Money on Suzuki SX4 Insurance in Memphis

Discount Suzuki SX4 insuranceA recent survey discovered that most drivers in Tennessee kept their coverage with the same auto insurance company for over three years, and approximately 40% of consumers have never quoted rates to find cheaper coverage. With the average auto insurance premium being $1,847, American drivers can save as much as 46.5% each year by just comparing rate quotes, but most undervalue the actual amount they would save if they changed companies.

It takes a few minutes, but the best way to find affordable quotes for Suzuki SX4 insurance in Memphis is to compare prices at least once a year from insurance carriers who sell auto insurance in Tennessee. Rates can be compared by following these guidelines.

One key aspect when comparing rates is that you use similar coverage information on each quote and and to compare as many different companies as possible. This helps ensure the most accurate price comparison and many rates to choose from.

Locating the most cost-effective insurance policy in Memphis is much easier if you have a good place to start. If you have a current insurance policy, you will most likely be able to reduce the price you pay using this strategy. You just have to understand the quickest way to shop their coverage around from multiple carriers.

Finding cheap car insurance rates doesn’t have to be difficult. Drivers just need to take time getting comparison quotes online with multiple companies.

It’s so simple to compare car insurance rate quotes online makes it a waste of time to drive around to different agent offices. Comparing online rate quotes has made agencies unnecessary unless you have a complicated situation and need the guidance of an agent trained in personal lines coverage. It is possible to compare online quotes but buy the policy through an agent.

The companies shown below can provide price quotes in Tennessee. To locate the best car insurance in Memphis, we suggest you visit two to three different companies in order to find the cheapest rates.

Why you need Suzuki vehicle insurance in Tennessee

Despite the high cost, insuring your vehicle serves an important purpose.

The benefits of buying enough insurance outweigh the cost, especially if you ever need it. An average driver in America is overpaying more than $820 a year so you should quote your policy with other companies at every renewal to be sure current rates are still competitive.

Suzuki SX4 insurance rate analysis

The coverage information displayed below outlines a range of insurance coverage prices for Suzuki SX4 models. Having a better idea how insurance prices are formulated is important for making smart choices when buying a policy.

Suzuki SX4 Insurance Rates in Memphis, TN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
SX4 LE $104 $232 $326 $20 $98 $780 $65
SX4 2WD $118 $190 $326 $20 $98 $752 $63
SX4 Sport S $118 $274 $326 $20 $98 $836 $70
SX4 Sport SE $118 $274 $326 $20 $98 $836 $70
SX4 Technology 2WD $118 $232 $326 $20 $98 $794 $66
SX4 Sportback 2WD $118 $232 $326 $20 $98 $794 $66
SX4 AWD AWD $118 $232 $326 $20 $98 $794 $66
SX4 Sport GTS $118 $274 $326 $20 $98 $836 $70
SX4 Technology AWD $134 $232 $326 $20 $98 $810 $68
SX4 Touring AWD $134 $232 $326 $20 $98 $810 $68
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Premium data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Price estimates do not factor in vehicle location which can alter auto insurance rates noticeably.

The information below demonstrates how deductible levels and can affect Suzuki SX4 insurance rates for different age groups. The premiums are based on a single female driver, full coverage, and no other discounts are factored in.

Illustration showing the impact of accidents and violations

The illustration below demonstrates how speeding tickets and at-fault fender-benders can drive up Suzuki SX4 car insurance rates for each age group. The data is based on a married male driver, full physical damage coverage, $500 deductibles, and no additional discounts are factored in.

Should you buy full coverage?

The example below illustrates the difference between Suzuki SX4 insurance costs when comparing full coverage to state minimum liability only. The information is based on no accidents or driving violations, $500 deductibles, drivers are not married, and no policy discounts are applied.

Deciding between full coverage and liability only

There isn’t a steadfast formula of when to eliminate physical damage insurance, but there is a guideline you can use. If the annual cost of your full coverage insurance is 10% or more of replacement cost minus your deductible, then you may want to consider only buying liability coverage.

For example, let’s assume your Suzuki SX4 replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company would pay you is $2,000 after you pay the deductible. If premium cost is more than $200 annually for comprehensive and collision coverage, then you might want to consider buying only liability coverage.

There are some scenarios where only buying liability is not financially feasible. If you still have a loan on your vehicle, you must maintain physical damage coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not eliminate full coverage.

Cheap Memphis car insurance quotes with discounts

Some insurers don’t always list every policy discount very well, so below is a list both the well known and the more hidden discounts that you may qualify for. If you aren’t receiving every discount you deserve, you could be getting lower rates.Save money with discounts

Don’t be shocked that most discounts do not apply to the entire cost. Most only cut individual premiums such as physical damage coverage or medical payments. Just because it seems like you can get free auto insurance, car insurance companies aren’t that generous. Any qualifying discounts will cut the amount you have to pay.

The information below illustrates the comparison of Suzuki SX4 annual premium costs with and without some available policy discounts. The costs are based on a female driver, no claims, a clean driving record, Tennessee state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, marriage, multi-policy, homeowner, and safe-driver discounts applied.

To locate car insurance companies with the best discounts in Memphis, click here to view.

Comparing quotes from local Memphis insurance agents

Some consumers just prefer to talk to a local agent and we recommend doing that Insurance agents can help you choose the best coverages and give you someone to call. The best thing about comparing rates online is that you can find cheaper rates and still buy from a local agent.

Insurance agency in MemphisFor easy comparison, once you complete this short form, your insurance coverage information is instantly submitted to insurance agents in Memphis that can give you free Memphis auto insurance quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to contact any insurance agencies as quotes are delivered to you directly. If you want to compare rates from a specific insurance provider, feel free to jump over to their website and fill out their quote form.

Selecting an provider should include more criteria than just a cheap quote. Agents should be asked these questions:

Two types of Memphis car insurance agents

When researching a local agent, it helps to know the two types of insurance agents that you can select. Insurance agencies in Memphis can be classified as either independent agents or exclusive agents depending on their employer. Both can write insurance policies, but it is important to understand why they differ since it may influence your agent selection.

Exclusive Agents

Exclusive agents normally can only provide a single company’s rates and examples are Allstate, State Farm and Farmers Insurance. Exclusive agents cannot compare rates from other companies so they have no alternatives for high prices. Exclusive agencies are well trained on sales techniques and that allows them to sell at a higher price point.

Shown below is a short list of exclusive insurance agencies in Memphis who may provide you with rate quotes.

6803 Summer AveMemphis, TN 38134(901) 373-6060View Map

1444 E Shelby Dr #329Memphis, TN 38116(901) 345-2615View Map

Henry Hooper II – State Farm Insurance Agent
348 S Main StMemphis, TN 38103(901) 575-0001View Map

View more Memphis agents

Independent Agencies or Brokers

Agents in the independent channel do not work for one specific company and that enables them to quote your coverage through lots of different companies and get the cheapest rates. If you are not satisfied with one company, an independent agent can move your coverage which requires no work on your part. When comparing rates, you will want to compare prices from multiple independent agents to get the best comparison.

Listed below are Memphis independent agents that are able to give price quotes.

4132 Elvis Presley BlvdMemphis, TN 38116(901) 346-2550View Map

1374 Airways BlvdMemphis, TN 38114(901) 323-6159View Map

1850 Poplar Crest Cove Ste 102Memphis, TN 38119(901) 762-8585View Map

View more Memphis agents

Memphis car insurance company ratings

Choosing the highest-rated auto insurance provider can be rather challenging considering how many different insurance companies sell coverage in Memphis. The company rank data in the lists below could help you analyze which auto insurers to look at purchasing coverage from.

Best Car Insurance Companies in Tennessee
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
Travelers 93 98 99 88% A++ 95.1
USAA 83 99 100 91% A++ 94.1
Mercury Insurance 97 96 88 89% A+ 93.4
AAA Insurance 91 95 92 90% A 93.3
Nationwide 85 95 97 89% A+ 92.4
Allstate 77 100 97 88% A+ 90.7
State Farm 80 94 96 88% A++ 90.6
The Hartford 88 93 91 87% A+ 90.4
Safeco Insurance 91 95 85 88% A 90.2
Progressive 88 94 83 88% A+ 90.1
American Family 91 86 95 83% A 89.7
Esurance 86 90 94 90% A+ 89.5
The General 86 93 89 84% A- 88.2
GEICO 79 89 95 87% A++ 87.8
Titan Insurance 86 82 92 86% A+ 86.5
21st Century 86 82 90 84% A 86.4
Liberty Mutual 79 87 95 78% A 85.3
Erie Insurance 87 84 85 85% A+ 85.3
Farmers Insurance 77 80 80 84% A 80.3
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Data Source: Best Car Insurance Companies

In Summary

Lower-priced auto insurance in Memphis can be sourced from both online companies and from local agencies, and you need to comparison shop both to have the best rate selection. A few companies do not offer rate quotes online and most of the time these regional carriers prefer to sell through independent agents.

When buying insurance coverage, make sure you don’t reduce needed coverages to save money. In many cases, an accident victim reduced collision coverage and discovered at claim time that it was a big error on their part. The aim is to purchase a proper amount of coverage at a price you can afford, not the least amount of coverage.

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