Accepting the honour, Swift said, "Since I can remember, my favourite thing in the whole world was a good story - going back to when my mom and dad would read me stories when I was little, and then discovering poetry in English class. Then I discovered this town called Nashville, where they tell the coolest stories. In my opinion, they tell them in the most magical ways.
"I thank you from the bottom of my heart for being so generous with me. Whether it was telling fairy tales or sad stories or stories that were just about my life and what I was going through, you've been wonderful to me. And I'm having a blast telling stories."
Later that night, country musicians Pat Alger, Steve Cropper and late songwriters Stephen Foster and Paul Davis were inducted into the Nashville Songwriters Hall of Fame.
Singer Garth Brooks was on hand to salute Alger by performing acoustic versions of songs they have written together, including That Summer and Unanswered Prayers, and telling the crowd: "I love this guy, and me and him should not love each other. We're as different as night and day can be. This poor guy has been tormented by me over the last couple of decades."