Cheap Rates for Saturn VUE Insurance in Memphis

If saving money is your primary concern, then the best way to find better pricing on car insurance rates in Memphis is to compare quotes annually from different companies in Tennessee.

1. Try to understand auto insurance and the changes you can make to prevent expensive coverage. Many risk factors that result in higher prices such as accidents, traffic tickets, and bad credit can be controlled by improving your driving habits or financial responsibility. Continue reading for information to get cheaper rates and find overlooked discounts.
2. Request rate estimates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only give prices from one company like GEICO and Allstate, while independent agents can provide price quotes from many different companies. View rates
3. Compare the quotes to your current policy premium and see if there is a cheaper rate in Memphis. If you can save money and switch companies, make sure the effective date of the new policy is the same as the expiration date of the old one.
4. Provide adequate notice to your current company to cancel your current car insurance policy. Submit payment and a completed application for the new coverage. Make sure you place the new proof of insurance paperwork in an accessible location in your vehicle.

A good tip to remember is that you’ll want to make sure you compare the same deductibles and limits on every quote request and and to get quotes from as many companies as you can. Doing this ensures an apples-to-apples comparison and a good representation of prices.

It’s an obvious assumption that auto insurance companies don’t want you comparing rates. Drivers who compare price quotes are very likely to switch to a new company because they have a good chance of finding a policy with more affordable rates. A recent car insurance study discovered that drivers who shopped around every year saved approximately $70 a month as compared to drivers who never compared prices.

If finding the best rates on Saturn VUE insurance in Memphis is the reason you’re reading this, understanding the best way to quote and compare insurance can make it easier for you to save money.

Our objective in writing this article is to help educate you on how auto insurance companies operate and also pocket some savings If you currently have a car insurance policy, you stand a good chance to be able to buy cheaper insurance using this information. Consumers just have to use the tricks to compare prices from multiple carriers.

The quickest method to compare car insurance company rates for Saturn VUE insurance in Memphis is to know the trick most of the larger companies have advanced systems to give you rate quotes. To start a quote, the only thing you need to do is provide a small amount of information like whether you have decent credit, whether the vehicles are used for commuting, the make and model of your vehicles, and if the car is leased. That rating data is submitted instantly to insurance companies and you will receive price estimates within a short period of time.

To get price quotes for your Saturn VUE now, click here then complete the form.

The companies in the list below offer price comparisons in Tennessee. If you want to find the cheapest car insurance in TN, we suggest you compare several of them to find the most affordable auto insurance rates.

Score discounts on Memphis insurance

Companies that sell car insurance do not advertise all their discounts in an easy-to-find place, so we took the time to find both the well known and the more hidden insurance savings.

• Memphis Homeowners Discount – Just being a homeowner may earn you a small savings since home ownership requires a higher level of personal finance.
• ABS Braking Discount – Cars and trucks with ABS braking systems or traction control have fewer accidents so you can save 10 percent or more.
• E-sign – Many larger companies will give you a small discount for completing your application digitally online.
• Senior Citizen Rates – Mature drivers may receive lower premium rates.
• Multi-policy Discount – When you combine your homeowners and auto insurance and insure them with the same company you could get a discount of at least 10% off all policies.
• Theft Prevention System – Anti-theft and alarm system equipped vehicles are less likely to be stolen and can earn a small discount on your policy.
• Driver Education Discount – Have your child successfully complete driver’s ed class in high school.

As a disclaimer on discounts, most discounts do not apply to the whole policy. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Just because it seems like you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.

The information below visualizes the comparison of Saturn VUE insurance prices with and without discounts being applied to the rates. The rate quotes are based on a female driver, no accidents or driving violations, Tennessee state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, marriage, multi-policy, multi-car, and claim-free discounts applied.

A few of the larger companies and the discounts they provide are shown below.

• Mercury Insurance offers premium reductions for age of vehicle, ease of repair, low natural disaster claims, anti-theft, multi-car, and good student.
• Farmers Insurance has discounts for electronic funds transfer, business and professional, alternative fuel, early shopping, mature driver, pay in full, and bundle discounts.
• Farm Bureau may offer discounts for youthful driver, safe driver, good student, driver training, renewal discount, and multi-policy.
• State Farm may include discounts for good student, safe vehicle, multiple policy, passive restraint, student away at school, and accident-free.
• Allstate offers discounts for premier discount, resident student, senior citizen, 55 and retired, early signing, teenSMART discount, and multi-policy.
• GEICO policyholders can earn discounts including good student, air bags, seat belt use, multi-policy, multi-vehicle, driver training, and emergency military deployment.

Before purchasing a policy, check with all the companies to apply every possible discount. Savings might not apply in Memphis. To locate insurance companies that have a full spectrum of discounts in Tennessee, click here.

Insurance coverage analysis

The table shown next showcases estimates of insurance coverage prices for Saturn VUE models. Having insight into how car insurance premiums are calculated is important to be able to make smart policy decisions.

Above prices assume single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Rates do not factor in specific Memphis garaging location which can decrease or increase coverage prices substantially.

Deductible comparison

A question often asked by Memphis drivers is which deductible level should you buy. The premium rates below can help show the cost difference between low and high policy deductibles. The first rate estimation uses a $100 deductible for comprehensive and collision coverage and the second rate table uses a $1,000 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Premium costs do not factor in specific zip code location which can impact coverage prices substantially.

Using the premium rates above, we can conclude that using a $100 deductible will cost you roughly $29 more each month or $348 a year averaged for all VUE models than selecting the higher $1,000 deductible. Since you would have to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to go at least 31 months between claims, you would probably save some money if you opt for a higher deductible.

Accidents and violations increase rates

The diagram below demonstrates how speeding tickets and fender-benders raise Saturn VUE annual premium costs for different categories of driver ages. The data is based on a single female driver, comprehensive and collision coverage, $100 deductibles, and no additional discounts are factored in.

Yearly auto insurance costs for men versus women

The illustration below compares Saturn VUE auto insurance rates for male and female drivers. The premiums assume no tickets, no at-fault accidents, full coverage, $100 deductibles, drivers are not married, and no additional discounts are factored in.

Price comparison of only insuring for liability

The chart below illustrates the comparison of Saturn VUE car insurance costs when comparing full coverage to liability only. The information is based on no violations or accidents, $250 deductibles, single marital status, and no additional discounts are factored in.

Guidelines for dropping full coverage

There isn’t a steadfast formula to exclude comp and collision coverage, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is about 10% or more of the vehicle’s replacement cost less your deductible, the it may be a good time to stop paying for full coverage.

For example, let’s say your Saturn VUE book value is $3,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most you would get paid by your company is $2,000 after the policy deductible has been paid. If premiums are more than $200 annually for comprehensive and collision coverage, then you might want to consider buying only liability coverage.

There are a few cases where removing full coverage is not a good plan. If you still have a loan on your vehicle, you have to carry full coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should not drop full coverage.

Find Saturn VUE Insurance More Affordably

Lots of things are part of the equation when you quote your car insurance policy. Some are obvious like a motor vehicle report, although some other factors are not as apparent such as whether you are married or your vehicle rating. Consumers need to have an understanding of the different types of things that come into play when calculating the price you pay for car insurance. If you understand what controls the rates you pay, this helps enable you to make changes that can earn you much lower annual insurance costs.

• Where you call home factors in – Choosing to live in areas with lower population can save you money when shopping for auto insurance. People in densely populated areas have much more traffic and longer commutes to work. Lower population means less chance of accidents and also fewer theft and vandalism claims.
• More than one policy can earn a discount – Most larger insurers allow a discount for people that have more than one policy. It’s known as a multi-policy discount. The discount can be five, ten or even twenty percent. Even if you already get this discount, it’s in your best interest to compare other company rates to confirm you are receiving the best rates possible. You may still find better rates by buying from different companies

• Premiums are high for teenagers – Older drivers have been proven to be more responsible, tend to file fewer claims, and get fewer tickets. Teen drivers tend to be more careless when driving with friends and because of this, their car insurance rates are much higher.

  The following chart uses these variables: single driver, full coverage with $1000 deductibles, and no discounts or violations.

• What’s your car’s safety rating? – Safer cars tend to have better insurance rates. Vehicles engineered for safety protect occupants better and lower injury rates means lower claim amounts and more competitive rates for policyholders. If your Saturn has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may pay a lower rate.

• More performance means higher premiums – The make and model of the car or truck you need insurance for makes a substantial difference in your premium level. The most favorable rates will normally be found when insuring low performance passenger vehicles, but that’s not the only thing that factors into the final price.

  The data below uses these assumptions: married male driver age 40, full coverage with $1000 deductibles, and no discounts or violations. It illustrates Saturn VUE policy rates compared to other vehicles that have a range of performance risks.

Local Memphis insurance agents and auto insurance

Certain consumers would rather go talk to an agent and that can be a smart move Good agents can make sure you are properly covered and will help you if you have claims. One of the great benefits of getting online price quotes is that drivers can save money and get the best rates and still buy from a local agent. Putting coverage with local agents is important especially in Memphis.

After completing this quick form, the coverage information is instantly submitted to insurance agents in Memphis who will gladly provide quotes to get your business. There is no need to leave your house as quotes are delivered directly to your email. If you wish to get a comparison quote from a specific insurance company, you can always visit that company’s website and complete a quote there.

Listed below is a list of car insurance companies in Memphis who can help you get price quote information for Saturn VUE insurance in Memphis.

More insurance agents

Choosing an insurer is decision based upon more than just a low price. The answers to these questions are important, too.

• How often do they review policy coverages?
• Do they specialize in personal lines auto insurance in Memphis?
• Does the agent have a valid license to sell insurance in Tennessee?
• How does the company pay claims for a total loss?
• Do they have cheaper tiers of coverage?

Which car insurance company is best in Memphis?

Buying coverage from a high-quality auto insurance company is hard considering how many companies provide coverage in Memphis. The company ratings shown next may help you analyze which insurers you want to consider when shopping your coverage around.

Keep this in mind when shopping around

While you’re price shopping online, you should never sacrifice coverage to reduce premiums. There are a lot of situations where an insured cut liability limits or collision coverage to discover at claim time that they should have had better coverage. Your objective should be to find the BEST coverage at a price you can afford, but do not sacrifice coverage to save money.

We just showed you some good ideas how you can shop for Saturn VUE insurance online. The most important thing to understand is the more quotes you get, the better your comparison will be. You may even discover the lowest auto insurance rates come from a small local company. Regional companies may often insure only within specific states and give better rates than the large multi-state companies such as Progressive and GEICO.

Much more information about car insurance in Tennessee is available at these links:

• How Does Hitting a Deer Impact Insurance Rates? (Allstate)
• Who Has the Cheapest Memphis Auto Insurance for a Honda CR-V? (FAQ)
• How to Avoid Staged Accidents (State Farm)
• Things to Know Before you Cancel Insurance (Allstate)