2014 FIAT 500 Car Insurance Cost

Trying to find low-cost insurance for a FIAT 500 can turn out to be a painful process, but you can follow a few tricks to save time. There is a right way and a wrong way to find auto insurance online and you need to know the quickest way to compare rates for a new or used FIAT and get the best price possible.

You should take the time to get comparison quotes yearly because auto insurance rates change frequently. Even if you think you had the lowest rate for 500 insurance last year you may be paying too much now. Forget anything you know (or think you know) about auto insurance because you’re going to get a crash course in the fastest and easiest way to lower your annual insurance bill.

How to compare auto insurance quotes

Getting a low cost price on 2014 FIAT 500 insurance is actually quite simple. Just invest a little time getting comparison quotes to discover which company has inexpensive car insurance quotes. Price comparisons can be done by using one of the methods below.

The fastest way to compare a lot of rates at once is a comparison rater form (click to open form in new window). This method eliminates the need for repetitive form entry for every prospective company. Completing one form gets coverage cost estimates direct from many companies. It’s definitely the quickest method.

Another way to get quotes online is spending the time to visit the website of each company to complete their respective quote request forms. For instance, we’ll assume you want to compare prices for Nationwide, Farmers and Liberty Mutual. To do that, you would have to spend time going to each site individually to enter the same coverage data repeatedly, and that’s why the first method is more popular.

For a list of links to companies insuring cars in your area, click here.

Whichever way you choose to compare rates, double check that you are using the same quote data for each price quote. If each company quotes higher or lower deductibles you will not be able to determine which rate is truly the best.

Find hidden discounts to get affordable auto insurance rates

Insurance can cost an arm and a leg, but you might be missing out on some discounts to help offset the cost. Some discounts will apply at quote time, but once in a while a discount must be asked about before you get the savings.

  • Defensive Driving Course – Participating in a course teaching driver safety skills could earn you a small percentage discount and easily recoup the cost of the course.
  • Anti-lock Brakes – Vehicles with ABS braking systems or traction control have fewer accidents and therefore earn up to a 10% discount.
  • Low Mileage Discounts – Driving less can qualify you for lower rates due to less chance of an accident.
  • Cautious Driver Discount – Drivers who don’t get into accidents can get discounts for up to 45% lower rates for 500 insurance compared to accident prone drivers.
  • Distant College Student Discount – Kids who live away from home to go to college without a vehicle on campus could get you a discount.
  • Discount for Swiching Early – Some insurance companies provide a discount for signing up prior to your current policy expiring. You could save around 10% when you buy car insurance online.
  • Waiver for an Accident – but a handful of insurance companies will turn a blind eye to one accident before raising your premiums if you are claim-free prior to the accident.
  • Active Service Discounts – Having a family member in the military could qualify you for better prices.
  • Discount for Life Insurance – Not all auto insurance companies offer life insurance, but some may give you lower auto insurancerates if you buy a life insurance policy as well.

As a sidenote, some of the credits will not apply to the entire cost. A few only apply to specific coverage prices like medical payments or collision. Despite the fact that it seems like you would end up receiving a 100% discount, companies don’t profit that way. Any amount of discount should help reduce your policy cost.

Some of the larger companies who might offer most of these discounts possibly include:

When getting free car insurance quotes, it’s a good idea to each insurance company to apply every possible discount. Some of the earlier mentioned discounts may not apply in your area. For a list of auto insurance companies with the best discounts, follow this link.

Tailor your car insurance coverage to you

When it comes to buying coverage for your vehicles, there isn’t really a best way to insure your cars. Everyone’s situation is unique.

These are some specific questions may help highlight if you might need professional guidance.

  • What is covered by UM/UIM coverage?
  • Can I make deliveries for my home business?
  • What is no-fault insurance?
  • Am I covered if I drive in a foreign country?
  • Does insurance cover tools stolen from my truck?
  • Do I have coverage when pulling a U-Haul trailer?
  • How much underlying liability do I need for an umbrella policy?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Do I need more liability coverage?
  • Why am I required to buy high-risk coverage?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form. It only takes a few minutes and can help protect your family.

Specific coverages for a FIAT 500

Knowing the specifics of a insurance policy aids in choosing the right coverages for your vehicles. Policy terminology can be ambiguous and coverage can change by endorsement.

Comprehensive insurance

This covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like falling objects, damage from getting keyed, vandalism and damage from a tornado or hurricane. The highest amount your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like funeral costs, dental work, nursing services and doctor visits. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Collision coverage protection

Collision insurance covers damage to your 500 resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers things like damaging your car on a curb, driving through your garage door and backing into a parked car. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Liability coverages

This will cover injuries or damage you cause to a person or their property. This coverage protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 which stand for a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for claims such as bail bonds, loss of income, medical expenses, funeral expenses and pain and suffering. How much liability should you purchase? That is a personal decision, but buy higher limits if possible.