2014 FIAT 500L Insurance Rates

Searching for lower insurance coverage rates? Consumers have options when looking for affordable FIAT 500L insurance. They can either waste time calling around getting price quotes or leverage the internet to find the lowest rates.

There are more efficient ways to buy insurance coverage so you’re going to learn the proper way to compare rates for your FIAT and get the best price possible from both online companies and local agents.

It’s a good idea to compare prices quite often because rates are variable and change quite frequently. Just because you had the best deal for 500L coverage two years ago a different company probably has better prices today. Don’t believe everything you read about insurance coverage online but by reading this article, you’re going to learn the best ways to buy insurance coverage cheaper.

The purpose of this article is to help you learn how to effectively get price quotes and some tips to save money. If you are paying for car insurance now, you should be able to lower your premiums substantially using these methods. Vehicle owners just need to know the best way to shop for car insurance online.

Buy auto insurance online

Finding more affordable auto insurance prices is pretty simple and can save money. The only thing you need to do is take a couple of minutes comparing rate quotes to find the company with cheaper auto insurance quotes. This is very easy and can be done in a couple of different ways.

Probably the best way to get quotes is a comparison rater form like this one (opens in new window). This type of form eliminates the need for repetitive form entry to each individual auto insurance company. Completing one form gets prices estimates from all major companies. It’s definitely the quickest method.

A harder way to analyze rates is to manually visit the website for each individual company and fill out their own quote form. For example, we’ll assume you want to see prices from USAA, Allstate and Geico. You would need to spend time on each company’s site and enter your information, which is why the first method is quicker. For a list of links to companies insuring cars in your area, click here.

The least efficient way to price shop rates is actually driving to insurance agencies in your area. Shopping for auto insurance online has reduced the need for local agents unless you have a complicated situation and need the trained advice that can only be provided by a licensed insurance agent. It is possible to price shop your coverage online but buy from a local insurance agent.

The method you choose is up to you, but make darn sure you compare the exact same quote data with each company. If you have differing limits then you won’t be able to determine the best price for your FIAT 500L.

Use discounts to get cheaper insurance coverage rates

Insurance can cost an arm and a leg, but there are discounts available to reduce the price significantly. Some of these disounts will be visible when you purchase, but a few need to be asked about before they will apply.

  • Use Seat Belts – Drivers who require all occupants to buckle up before driving can save a little off the PIP or medical payment premium.
  • Early Signing – Some larger companies give discounts for buying a new policy before your current policy expires. It can save you around 10%.
  • ABS Brakes – Vehicles equipped with ABS or steering control can reduce accidents and will save you 10% or more.
  • Life Insurance – If the company offers life insurance, you could get a discounted insurance coverage rate on car insurance if you buy some life insurance in addition to your auto policy.
  • Passive Restraint Discount – Cars that have air bags or automatic seat belts could see savings of 20% or more.
  • Defensive Driver – Taking a defensive driving class could earn you a small percentage discount and also improve your driving technique.
  • Responsible Drivers – Insureds without accidents can save up to 40% or more on their auto insurance quote for 500L coverage as compared to drivers with claims.
  • Distant Student Discount – Any of your kids who are enrolled in higher education away from home and don’t have a car can be insured at a reduced rate.

Discounts lower rates, but most of the big mark downs will not be given to the overall cost of the policy. Most cut individual premiums such as medical payments or collision. So despite the fact that it appears you can get free auto insurance, companies don’t profit that way.

Larger insurance coverage companies and their offered discounts can be read below.

  • Progressive offers premium reductions for multi-vehicle, online quote discount, multi-policy, homeowner, online signing, continuous coverage, and good student.
  • AAA may have discounts that include good driver, multi-policy, AAA membership discount, good student, anti-theft, multi-car, and pay-in-full.
  • Farmers Insurance discounts include bundle discounts, youthful driver, alternative fuel, pay in full, teen driver, homeowner, and electronic funds transfer.
  • Geico has discounts for military active duty, multi-vehicle, five-year accident-free, good student, seat belt use, anti-lock brakes, and emergency military deployment.
  • Esurance has savings for emergency road assistance, safety device, defensive driver, DriveSense, and good driver.
  • SAFECO policyholders can earn discounts including anti-lock brakes, multi-car, safe driver, accident prevention training, and teen safe driver.
  • State Farm offers discounts for multiple autos, good driver, Drive Safe & Save, accident-free, driver’s education, student away at school, and anti-theft.

Before buying, ask every prospective company the best way to save money. Depending on the company, some discounts might not be available to policyholders in every state.

Tailor your insurance coverage to you

When buying adequate coverage, there really is no best way to insure your cars. Each situation is unique.

For instance, these questions could help you determine whether your personal situation will benefit from professional help.

  • Who is covered when they drive my 2014 FIAT 500L?
  • Why do I need rental car insurance?
  • When would I need additional glass coverage?
  • How much can I save by bundling my policies?
  • How high should my uninsured/underinsured coverage be in my state?
  • I have a DUI can I still get coverage?
  • Is my dog or cat covered if injured in an accident?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Is a new car covered when I drive it off the dealer lot?

If it’s difficult to answer those questions, you might consider talking to an insurance agent. To find lower rates from a local agent, fill out this quick form. It’s fast, free and you can get the answers you need.

Get cheap car insurance with these tips

Lots of things are taken into consideration when you quote your car insurance policy. Some of the criteria are obvious such as your driving record, but other factors are not as apparent such as your marital status or how financially stable you are.

Listed below are some of the items used by companies to determine premiums.

  • Minor frequent claims are not good – Companies award most affordable rates to people that do not abuse their auto insurance. If you frequently file small claims, you can pretty much guarantee increased rates or even have your policy non-renewed. Insurance coverage is meant to be used in the event of larger claims.
  • Guys tend to take more risk – Statistics have proven that females take fewer risks when driving. This data doesn’t prove that males are worse at driving than females. Both sexes are responsible for auto accidents at about the same rate, but guys tend to have higher claims. In addition to higher claims, males also have more aggressive citations such as driving while intoxicated (DWI) or driving recklessly.
  • Rental and towing coverage may not be needed – There are many extra bells and whistles you can purchase on your car insurance policy. Coverages like rental car reimbursement, towing coverage, and membership fees are probably not needed. These coverages may sound good at first, but if you’ve never needed them in the past consider taking them off your policy.
  • Consolidate policies and save – Many insurers give discounts to policyholders who carry more than one policy such as combining an auto and homeowners policy. Even if you already get this discount, it’s in your best interest to check prices from other companies to confirm you are receiving the best rates possible.
  • Adjust physical damage deductibles and save – Deductibles for physical damage represent how much money you are required to spend in the event of a claim. Protection for physical damage, also called comprehensive and collision insurance, is used to repair damage to your car. Some coverage claims are rearending another vehicle, vandalism, and damage from wind. The higher the amount you pay before a claim is paid (deductible), the less your company will charge you for insurance for 500L coverage.
  • A good credit rating can save money – Credit score will be a significant factor in determining what you pay. If your credit history is not that good, you could save money insuring your 2014 FIAT 500L by improving your credit score. People with excellent credit scores tend to be better risks to insure than those with lower ratings.

Can you really save that much by switching?

Drivers get pounded daily by advertisements that promise big savings for switching from the likes of 21st Century, Allstate and State Farm. All the companies have a common claim that you can save if you switch your coverage.

It sounds good, but how can they all cost less than your current company? It’s all in the words they use.

Insurance providers have an ideal profile for the right customer they prefer to insure. For instance, a profitable risk profile might be described as between 30 and 50, has other policies, and has a high credit rating. A driver who matches those parameters will probably get cheap prices and therefore will save money with a new company.

People who do not meet these standards may be forced to pay more expensive rates which translates to the driver buying from a lower-cost company. If you pay attention, the ads say “people that switch” but not “all drivers who get quotes” save that much money. That’s the way insurance companies can advertise the savings.

Because each company has a different risk profile, you absolutely need to compare free auto insurance quotes often. It is impossible to predict which insurance companies will provide you with the cheapest prices.

Insurance policy coverages for a 2014 FIAT 500L

Learning about specific coverages of a insurance policy can help you determine the best coverages and proper limits and deductibles. Insurance terms can be difficult to understand and reading a policy is terribly boring.

Comprehensive coverages

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, damage from flooding, falling objects, damage from getting keyed and hitting a deer. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses like chiropractic care, nursing services, pain medications, rehabilitation expenses and doctor visits. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants in addition to being hit by a car walking across the street. PIP is only offered in select states and may carry a deductible

Liability insurance

Liability insurance can cover damage or injury you incur to other people or property in an accident. It protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Alternatively, you may have one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things such as court costs, attorney fees and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible.

Collision coverage

Collision coverage covers damage to your 500L caused by collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as crashing into a building, backing into a parked car, crashing into a ditch and colliding with a tree. This coverage can be expensive, so consider removing coverage from lower value vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. This coverage pays for injuries to you and your family and also any damage incurred to your FIAT 500L.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Most of the time these coverages do not exceed the liability coverage limits.

Don’t be a big spender

You just learned a lot of techniques to lower your 2014 FIAT 500L insurance prices. The key concept to understand is the more rate comparisons you have, the better likelihood of getting low cost auto insurance. Drivers may discover the most savings is with a small mutual company.

Consumers who switch companies do it for a variety of reasons including questionable increases in premium, policy non-renewal, policy cancellation or even an unsatisfactory settlement offer. It doesn’t matter what your reason, finding a great new company can be easy and end up saving you some money.

When searching for low cost auto insurance quotes, you should never buy poor coverage just to save money. There are a lot of situations where drivers have reduced collision coverage only to find out that the savings was not a smart move. Your focus should be to purchase a proper amount of coverage for the lowest cost while still protecting your assets.

More information is located at these links: