Cheaper 2014 FIAT 500e Insurance Cost

If online insurance coverage comparisons are new to you, by this point your are probably overwhelmed because of the huge number of insurance coverage companies all claiming to save you money.

It’s important to get comparison quotes every six months since insurance prices tend to go up over time. Even if you got the lowest price on 500e insurance a few years ago other companies may now be cheaper. You can find a lot of misleading information regarding insurance coverage online, but we’re going to give you some guaranteed methods to lower your insurance coverage bill.

Choosing the best insurance company for you is quite easy. Essentially every vehicle owner who is required by state law to have car insurance most likely will be able to reduce their rates. But drivers need to have an understanding of how the larger insurance companies price online insurance and use this information to your advantage.

How much is auto insurance?

There are several ways to compare quotes from companies that offer auto insurance in your state. The simplest method to find the cheapest 2014 FIAT 500e insurance rates is to use the internet to compare rates. This is quite simple and can be completed using a couple different methods.

  1. The single most time-saving way to compare a lot of rates at once is an all-inclusive rate comparison click here to open form in new window. This method eliminates the need for boring form submissions to each individual auto insurance company. One simple form compares rates instantly. This is by far the quickest method.
  2. A harder way to find more affordable insurance requires you to visit the website of each company and repeat the quote process again and again. For instance, we’ll assume you want to compare Progressive, Farmers and Geico. To find out each rate you need to navigate to each company’s site to enter the same coverage data repeatedly, which can get old fast.

    To view a list of companies in your area, click here.

  3. The least recommended way to get price estimates is to waste gas driving to all the different insurance agencies. Quoting and buying insurance online can eliminate the need for a local agent unless you want the extra assistance that only a licensed agent can provide. Drivers can compare the best prices online and get advice from an agent in your area.

It doesn’t matter which method you choose, just ensure you are comparing equivalent coverage limits and deductibles for every quote you compare. If you compare different liability limits it’s impossible to determine which rate is truly the best. Just slight variations in coverages can mean a large discrepancy in price. And when comparison shopping, quoting more will increase your chances of finding the best offered rates.

Get affordable rates with discounts

Companies that sell car insurance do not list all possible discounts very well, so below is a list both well-publicized as well as some of the hidden discounts you could be receiving when you buy auto insurance online.

  • Safe Driver Discounts – Insureds without accidents may receive a discount up to 45% on 500e insurance than drivers with accident claims.
  • Accident Forgiveness – but companies like Progressive, State Farm and Geico allow you one accident before they charge you more for coverage if your claims history is clear prior to being involved in the accident.
  • Senior Discount – Mature drivers are able to get a discount up to 10% on 500e insurance.
  • Passive Restraints – Factory options such as air bags can qualify for discounts up to 30%.
  • Drivers Education – Teen drivers should sucessfully take a drivers education course as it will make them better drivers and lower rates.

Consumers should know that some of the credits will not apply to all coverage premiums. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, insurance companies wouldn’t stay in business.

A few of the larger companies and some of the discounts are:

  • Farm Bureau has savings for youthful driver, safe driver, driver training, multi-policy, good student, and multi-vehicle.
  • Liberty Mutual has discounts for safety features, exclusive group savings, teen driver discount, new graduate, hybrid vehicle, and preferred payment discount.
  • State Farm may offer discounts for Steer Clear safe driver discount, driver’s education, good driver, anti-theft, multiple policy, safe vehicle, and multiple autos.
  • Auto-Owners Insurance policyholders can earn discounts including group or association, safe driver, teen driver, air bags, student away at school, and anti-lock brakes.
  • Geico may have discounts that include anti-lock brakes, driver training, multi-vehicle, federal employee, anti-theft, seat belt use, and defensive driver.
  • SAFECO may include discounts for drive less, teen safety rewards, teen safe driver, anti-lock brakes, and bundle discounts.

Before purchasing a policy, check with every insurance company which credits you are entitled to. All car insurance discounts may not apply in every state. To find providers who offer free auto insurance quotes, click this link.

Insurance rate influencing factors

Lots of things are part of the equation when pricing auto insurance. Some are obvious such as your driving history, but other criteria are less apparent such as your credit history or your commute time.The best way to find cheaper auto insurance is to take a look at the different types of things that are used to determine the price you pay for auto insurance. If you have a feel for what influences your rates, this empowers consumers to make smart changes that could result in big savings.

Shown below are a few of the “ingredients” companies use to determine your rate level.

  • GPS tracking and theft deterrents lowers auto insurance rates – Driving a car with a theft deterrent system can help lower your rates. Theft prevention features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent auto theft.
  • Don’t skimp on liability – The liability coverage on your policy will provide protection when a jury decides you are liable for an accident. This coverage provides legal defense which can cost a lot. This coverage is very inexpensive when compared to the cost of physical damage coverage, so do not cut corners here.
  • Experienced drivers are lower risk – Beginning drivers are statistically shown to be inattentive and easily distracted when at the wheel of a vehicle and because of this, their auto insurance rates are much higher. Having to add a teenage driver onto a policy can really hurt. More mature drivers are more responsible, cost insurance companies less in claims and get fewer tickets.
  • Annual mileage impacts costs – The more you drive annually the more you’ll pay to insure it. A lot of insurance companies price each vehicle’s coverage based on how the vehicle is used. Cars that sit idle most of the time receive lower rates than cars that get driven a lot. A policy that improperly rates your 500e is just wasting money. It’s a smart idea to ensure your auto insurance declarations sheet shows the correct driver usage, because improper ratings can cost you money.
  • Marriage can save on auto insurance – Being married actually saves money when buying auto insurance. It is viewed as being more financially stable and insurance companies like that married drivers tend to have fewer serious accidents.
  • Allowing your auto insurance policy to lapse raises prices – Allowing your coverage to lapse can be a quick way to pay more for auto insurance. And not only will insurance be more expensive, the inability to provide proof of insurance can result in fines and jail time. You will then be forced to prove you have insurance by filing a SR-22 with your state department of motor vehicles.
  • Lower premiums for safer vehicles – Cars with five star safety ratings tend to have lower insurance rates. These vehicles reduce the chance of injuries and any reduction in injury severity means your insurance company pays less and lower rates for you. If your FIAT has at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.

What is the best auto insurance coverage?

When it comes to buying coverage, there isn’t really a single plan that fits everyone. Each situation is unique.

Here are some questions about coverages that could help you determine if you will benefit from professional help.

  • Does my liability insurance cover pulling a trailer or camper?
  • Am I covered by my spouse’s policy after a separation?
  • Does my personal policy cover me when driving out-of-state?
  • Am I covered if I break a side mirror?
  • Will filing a claim cost me more?
  • Can I rate high risk drivers on liability-only vehicles?
  • How do I buy GAP insurance?
  • Is my FIAT 500e covered if I use it for business?
  • Can I afford to buy a different vehicle if my 2014 FIAT 500e is totaled?
  • How do I file an SR-22 for a DUI in my state?

If you can’t answer these questions then you might want to talk to an agent. To find an agent in your area, simply complete this short form.

The coverage is in the details

Learning about specific coverages of a auto insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Comprehensive protection

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things such as damage from getting keyed, a broken windshield, vandalism, rock chips in glass and hail damage. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Medical expense coverage

Coverage for medical payments and/or PIP pay for expenses like ambulance fees, EMT expenses, surgery, nursing services and X-ray expenses. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Liability insurance

This will cover injuries or damage you cause to a person or their property that is your fault. It protects you against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability can pay for things such as structural damage, legal defense fees, medical services and repair bills for other people’s vehicles. How much liability coverage do you need? That is up to you, but you should buy higher limits if possible.

Collision protection

Collision coverage pays for damage to your 500e from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things like damaging your car on a curb, driving through your garage door, colliding with another moving vehicle, scraping a guard rail and crashing into a ditch. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. You can also choose a higher deductible to save money on collision insurance.

Uninsured or underinsured coverage

Your UM/UIM coverage gives you protection from other drivers when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants and damage to your FIAT 500e.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

A tidy conclusion

You just read some good ideas how to get a better price on 2014 FIAT 500e insurance. The most important thing to understand is the more companies you get premium rates for, the better your comparison will be. Drivers may discover the best car insurance rates are with the least-expected company.

Low-cost 2014 FIAT 500e insurance can be bought from both online companies in addition to many insurance agents, so you should compare both to have the best chance of lowering rates. Some companies may not have online quoting and most of the time these regional insurance providers sell through independent agents.

Insureds switch companies for a variety of reasons including questionable increases in premium, denial of a claim, delays in responding to claim requests and even policy non-renewal. Regardless of your reason for switching companies, choosing a new company can be easy and end up saving you some money.

Additional information