2017 FIAT 500 Insurance Cost – 6 Savings Tips

Trying to find the cheapest insurance rates for your FIAT 500? Are you irritated from scraping the payment together each month for insurance? You’re in the same situation as many other consumers.

Consumers have so many auto insurance companies to buy insurance from, and even though it’s nice to have multiple companies, more options can take longer to compare rates and find the lowest cost insurance.

Finding affordable coverage is easy if you know what you’re doing. Just about anyone who is required by state law to have auto insurance most likely will be able to find better rates. But consumers can benefit from knowing the way insurance companies sell online and apply this information to your search.

The fastest way that we advise to get policy rate comparisons is to know most larger insurance companies provide online access to provide you with free rate quotes. All consumers are required to do is provide a little information like the type of vehicles you drive, if you have a valid license, driver details, and how your vehicles are used. The data is then sent to many highly-rated insurers and they provide comparison quotes very quickly.

Six discounts to earn cheap auto insurance rates

Not many people think insurance is cheap, but there are discounts available that many people don’t even know exist. Certain reductions will be credited when you complete an application, but occassionally some discounts must be asked about before being credited. If you don’t get every credit you qualify for, you could be getting lower rates.

• Data Collection Discounts – Drivers who elect to allow companies to scrutinize when and where they use their vehicle by using a small device installed in their vehicle such as State Farm’s In-Drive could see a rate decrease as long as they are good drivers.
• Employee of Federal Government – Having worked for a branch of the government could qualify for a slight premium decrease on 500 insurance depending on your auto insurance provider.
• Low Mileage – Low annual miles may enable drivers to earn substantially lower prices.
• Passenger Safety Discount – Vehicles equipped with air bags can get savings as much as 30%.
• Military Deployment Discount – Being on active deployment in the military could qualify you for better rates.
• Online Discount – A few larger companies will discount your bill up to fifty bucks just for signing your application on the internet.

Just know that many deductions do not apply to the overall cost of the policy. Most only cut the cost of specific coverages such as comprehensive or collision. Even though it may seem like all those discounts means the company will pay you, you won’t be that lucky.

Auto insurance companies that may offer policyholders many of the previously listed discounts include:

• State Farm
• Geico
• Allstate
• SAFECO
• Farm Bureau
• Progressive
• AAA

Check with every company which discounts you qualify for. A few discounts may not apply in every state. To see providers who offer free auto insurance quotes, click here to view.

Tailor your car insurance coverage to you

When it comes to choosing the best car insurance coverage for your vehicles, there really is no single plan that fits everyone. Every situation is different so this has to be addressed. These are some specific questions might point out whether or not you may require specific advice.

• Am I covered if I hit a deer?
• Should I put collision coverage on all my vehicles?
• Why does it cost so much to insure a teen driver?
• Is business property covered if stolen from my car?
• Does my insurance cover my expensive audio equipment?
• Exactly who is provided coverage by my policy?
• What is the minimum liability in my state?
• Do I really need UM/UIM coverage?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.

Information about specific coverages

Understanding the coverages of your insurance policy aids in choosing the best coverages and proper limits and deductibles. The terms used in a policy can be confusing and reading a policy is terribly boring. These are the normal coverages available from insurance companies.

Comprehensive insurance

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as rock chips in glass, a broken windshield and a tree branch falling on your vehicle. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses such as dental work, EMT expenses and prosthetic devices. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover any family member struck as a pedestrian. PIP is not an option in every state and may carry a deductible

Collision protection

Collision coverage pays for damage to your 500 from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as crashing into a ditch, rolling your car, colliding with another moving vehicle, scraping a guard rail and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your FIAT 500.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Liability car insurance

Liability coverage can cover damage or injury you incur to other’s property or people that is your fault. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 100/300/100 that means you have $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability coverage protects against things like funeral expenses, medical expenses, pain and suffering and court costs. How much liability coverage do you need? That is up to you, but buy as large an amount as possible.

And the best car insurance company is…

In this article, we covered many ways to reduce 2017 FIAT 500 insurance premium rates online. The key concept to understand is the more you quote insurance coverage, the more likely it is that you will get a better rate. You may be surprised to find that the lowest premium rates are with the smaller companies. Some small companies may cover specific market segments cheaper than the large multi-state companies such as State Farm or Progressive.

The cheapest 2017 FIAT 500 insurance can be purchased both online and from local agencies, and you should compare rates from both to have the best selection. Some insurance providers may not provide online rate quotes and usually these regional carriers sell through independent insurance agents.

To learn more, take a look at the articles below:

• Distracted Driving (Insurance Information Insitute)
• Uninsured Motorist Statistics (Insurance Information Insitute)
• Choosing a Car for Your Teen (State Farm)
• Young Drivers: The High Risk Years Video (iihs.org)
• What Determines the Price of My Auto Insurance Policy? (Insurance Information Insitute)
• Older Drivers FAQ (iihs.org)