Trying to find the cheapest insurance rates for your FIAT 500? Have you finally had enough of being strong-armed to insure your FIAT every month? You’re in the same situation as the majority of other drivers.
You have so many insurance companies to purchase coverage from, and although it’s a good thing to have multiple companies, lots of choices makes it harder to locate the cheapest rates.
You need to shop coverage around yearly because prices fluctuate regularly. Just because you had the best price for 500 insurance at your last renewal there is a good chance you can find better rate quotes now. Block out anything you think you know about insurance because we’re going to show you the things you must know in order to find better rates and still maintain coverage.
Shopping for the cheapest insurance is easy if you know what you’re doing. In a nutshell, everyone who carries insurance will be able to cut their insurance bill. Although car owners should learn how the larger insurance companies sell insurance online and apply this information to your search.
Smart consumers have a good feel for the rating factors that help determine car insurance rates. If you know what positively or negatively impacts your premiums, this helps enable you to make changes that can help you get big savings. Many things are considered when quoting car insurance. Some of the criteria are obvious such as traffic violations, although some other factors are not quite as obvious such as your credit history or how financially stable you are.
The are a couple different ways to compare rate quotes from lots of car insurance companies. The best method to find cheaper 2012 FIAT 500 rates consists of shopping online. This can be done in several different ways.
The most efficient method consumers can analyze rates is to use a rate comparison form like this one (opens in new window). This type of form eliminates the need for a different quote for every company. Completing one form gets insurance cost estimates from several companies.
A more time consuming way to obtain and compare quotes online is to take the time to go to each individual company website and fill out a new quote form. For sake of this example, let’s assume you want to see prices from State Farm, Safeco and GMAC. In order to get each rate, you would have to spend time going to each site individually and repeatedly type in your coverage information, which can take a lot of time. To view a list of companies in your area, click here.
Whichever method you choose, be sure you’re using exactly the same coverage limits for every quote you compare. If you compare different deductibles it will be impossible to find the best deal for your FIAT 500. Just slight variations in coverages may result in large price differences. And when comparing car insurance rates, know that making a lot of price comparisons will increase your chances of finding the best rates.
Insurance providers like Allstate and Progressive regularly use ads on TV and radio. They all say the same thing that people will save after switching your coverage to them. How do they all make almost identical claims?
All companies quote the lowest rates for the driver that earns them the most money. For example, a profitable insured might have to be over the age of 40, has had continuous coverage, and drives a safe vehicle. Someone who fits those characteristics will probably get cheap premium rates and therefore will save money with a new company.
People who fall short of those criteria will be quoted higher rates and this results in business going elsewhere. The ads say “people that switch” not “everybody who quotes” save that kind of money. That’s the way insurance companies can confidently make claims that they all have the best premium rates.
This illustrates why drivers should get as many free auto insurance quotes as possible. It is impossible to guess with any certainty which company will provide the lowest car insurance rates.
Companies that sell car insurance do not list all possible discounts very clearly, so we took the time to find both the well known and the more hidden discounts you could be receiving when you buy auto insurance online.
One last thing about discounts, some of the credits will not apply to the overall cost of the policy. Most cut individual premiums such as medical payments or collision. So even though they make it sound like you could get a free auto insurance policy, you aren’t that lucky.
A list of companies and some of their more popular discounts are outlined below.
When quoting, ask every company what discounts are available to you. Savings may not apply in your area.
When it comes to choosing the right insurance coverage, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs so this has to be addressed. For instance, these questions can help discover if your insurance needs would benefit from an agent’s advice.
If you don’t know the answers to these questions, you may need to chat with an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies.
Having a good grasp of your policy can be of help when determining appropriate coverage for your vehicles. Policy terminology can be confusing and coverage can change by endorsement. Below you’ll find typical coverages available from auto insurance companies.
This coverage can cover damage or injury you incur to other’s property or people in an accident. It protects YOU from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.
Liability can pay for things like legal defense fees, repair costs for stationary objects, court costs and loss of income. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.
Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things such as vandalism, a broken windshield, fire damage and damage from getting keyed. The highest amount your auto insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
This protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Usually these coverages do not exceed the liability coverage limits.
Collision coverage will pay to fix damage to your 500 resulting from a collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things like colliding with another moving vehicle, hitting a mailbox, rolling your car, hitting a parking meter and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider dropping it from older vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.
Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for surgery, hospital visits and chiropractic care. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible
In this article, we covered many tips how you can shop for 2012 FIAT 500 insurance online. It’s most important to understand that the more providers you compare, the better chance you’ll have of finding inexpensive auto insurance. Consumers could even find that the biggest savings come from a small mutual company. Some small companies may have significantly lower car insurance rates on certain market segments than the large multi-state companies such as Progressive and Geico.
As you quote auto insurance, do not sacrifice coverage to reduce premiums. There are many occasions where someone dropped full coverage and discovered at claim time that it was a big mistake. The proper strategy is to buy a smart amount of coverage at the best price and still be able to protect your assets.
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