2015 FIAT 500e Insurance Cost

Trying to find cheaper insurance for a new or used FIAT 500e can normally be a lot of work, but you can learn these tips to make it easier.

There are more efficient ways to compare insurance rates and you need to know the absolute fastest way to quote coverages for a FIAT and locate the best price possible from both online companies and local agents.

Discounts can really help lower premiums

Companies do not advertise every available discount very clearly, so the following list contains both well-publicized as well as the least known discounts that you can inquire about if you buy insurance coverage online.

  • Home Ownership Discount – Being a homeowner may earn you a small savings because it is proof that your finances are in order.
  • Sign Early and Save – Some companies give discounts for switching companies prior to your current policy expiring. It can save you around 10%.
  • Discounts for Federal Employees – Active or retired federal employment could qualify for a slight premium decrease on 500e insurance with a few auto insurance companies.
  • Lower Rates for Military – Having an actively deployed family member can result in better prices.
  • Good Student Discount – A discount for being a good student may save you up to 25%. Earning this discount can benefit you up to age 25.
  • E-sign Discounts – A few companies provide a small discount simply for signing on your computer.
  • Distant College Student Discount – Any of your kids who are enrolled in a college that is more than 100 miles from home and leave their car at home may qualify for this discount.
  • Driver Safety – Participating in a defensive driver course could save 5% or more and easily recoup the cost of the course.

Just know that some of the credits will not apply to the entire cost. Most cut the cost of specific coverages such as liability, collision or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, companies don’t profit that way.

If you would like to see a list of insurance companies with the best auto insurance discounts, click this link.

Eight tips to get cheap insurance costs

Many things are part of the equation when pricing auto insurance. Some of the criteria are obvious like an MVR report, but some are less obvious such as your credit history and annual miles driven.Part of the insurance buying process is learning the factors that go into determining insurance rates. When you understand what impacts premium levels, this allows you to make good choices that could help you find better insurance rates.

  • Costs and your address – Being located in a rural area is a good thing when talking about insurance. Urban drivers have more aggressive driving styles and longer commute times. Less people means a lower chance of having an accident as well as less vandalism and auto theft.
  • Tickets are costly – Having just one chargable violation could increase your next policy renewal by as much as twenty percent. Good drivers get better prices as compared to careless drivers. Drivers unfortunate enough to have severe violations like DUI, reckless driving or excessive speeding may face state-mandated requirements to file a SR-22 with their state motor vehicle department in order to drive a vehicle legally.
  • Avoid policy lapses – Having a gap between insurance policy dates is a sure-fire way to increase your insurance rates. Not only will rates go up, failure to provide proof of insurance may result in a license revocation or jail time. You may need to provide proof of insurance in the form of an SR-22 filing with your state DMV.
  • Marriage discount – Having a spouse actually saves money when shopping for insurance. Having a significant other demonstrates that you tend to be more financially stable and it’s statistically proven that married drivers tend to file fewer claims.
  • File claims and pay more – Car insurance companies give lower rates to insureds that do not abuse their auto insurance. If you frequently file small claims, you can pretty much guarantee either higher rates or even cancellation. Your car insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
  • Extra coverages that aren’t used – Insurance policies have a lot of add-on coverages that sound like a good idea at the time but may not be useful. Insurance for coverage for rental cars, high-cost glass coverage, and additional equipment coverage are some examples. They may seem good when you first buy your policy, but your needs may have changed so remove them from your policy.
  • Cars with good safety ratings means cheaper prices – Cars with high safety ratings are cheaper to insure. The safest vehicles help reduce the chance of injuries in an accident and better occupant protection translates into fewer and smaller insurance claims and thus lower rates.
  • Stressful employer may mean higher prices – Did you know your job can affect your rates? Occupational choices like military personnel, architects and dentists tend to pay higher premium rates because of high stress and lots of time spent away from family. Conversely, careers like farmers, historians and homemakers get better rates on 500e insurance.

Will just any policy work for me?

When it comes to buying the best insurance coverage coverage, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that may help highlight if your situation would benefit from professional advice.

  • Does my insurance cover a custom paint job?
  • Do I need replacement cost coverage?
  • What is PIP insurance?
  • Do I benefit by insuring my home with the same company?
  • What happens if I owe more than my 2015 FIAT 500e is worth?
  • Should I bundle my homeowners policy with my auto?

If you can’t answer these questions, you may need to chat with an insurance agent. If you want to speak to an agent in your area, simply complete this short form. It is quick, free and can help protect your family.

Well known brands might not be cheapest

Consumers can’t get away from all the ads that claim the cheapest prices by Allstate, Geico and Progressive. All the ads have a common claim about how much you will save after switching your car insurance policy to them.

How does each company charge you a lower premium? This is how they do it.

All the different companies have a certain “appetite” for the type of driver that will generate a profit. A good example of a desirable insured could possibly be a mature driver, has never had a claim, and drives a lower-performance vehicle. Any person that matches those criteria will probably get cheap auto insurance rates and will probably cut their rates substantially.

People who fall short of these stringent criteria will have to pay higher premiums and this can result in the customer not buying. The ads state “customers that switch” but not “all drivers who get quotes” save that much money. That is how insurance companies can claim big savings.

This emphasizes why drivers should quote coverage with many companies. It is impossible to predict which insurance companies will have the lowest rates.

Auto insurance coverages

Understanding the coverages of a insurance policy aids in choosing the right coverages for your vehicles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.

Comprehensive insurance – Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like a tree branch falling on your vehicle, hail damage, fire damage and damage from flooding. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Auto liability insurance – Liability insurance provides protection from injuries or damage you cause to other’s property or people by causing an accident. This coverage protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability coverage pays for things like repair bills for other people’s vehicles, medical expenses, court costs, structural damage and medical services. 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.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for things like pain medications, nursing services, ambulance fees and doctor visits. They are often used to fill the gap from your health insurance program or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM) – This protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Usually these limits are identical to your policy’s liability coverage.

Collision – This pays to fix your vehicle from damage caused by collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision can pay for things such as sideswiping another vehicle, driving through your garage door and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to save money on collision insurance.

Shop. Compare. Save.

As you restructure your insurance plan, make sure you don’t buy poor coverage just to save money. In too many instances, consumers will sacrifice comprehensive coverage or liability limits and learned later they didn’t purchase enough coverage. Your objective should be to purchase a proper amount of coverage at the lowest possible cost while not skimping on critical coverages.

Drivers change insurance companies for many reasons like policy non-renewal, policy cancellation, unfair underwriting practices and denial of a claim. Regardless of your reason, finding a great new company is not as hard as you think.

We just presented some good ideas how to lower your 2015 FIAT 500e insurance prices. The key concept to understand is the more price quotes you have, the better your comparison will be. You may even discover the best price on auto insurance is with some of the lesser-known companies.

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