How Much Does 2016 FIAT 500e Insurance Cost?

Saving money on insurance is always difficult for drivers who are beginners to comparison shopping online. There are so many options that it can easily turn into hard work to locate the lowest price.

It’s smart to price shop coverage on a regular basis because insurance prices are usually higher with each renewal. Just because you found the lowest rates on 500e coverage two years ago there may be better deals available now. Ignore everything you know about insurance because it’s time to teach you the easiest way to properly buy coverages and cut your premium.

What affects FIAT 500e insurance rates?

Many factors are part of the equation when premium rates are determined. Some factors are common sense such as your driving history, but others are less apparent like where you live or your commute time.

Too many claims will drive insurance rates up – If you tend to file frequent claims, you can look forward to either higher rates or even cancellation. Auto insurance companies generally give most affordable rates to drivers who do not file claims often. Your insurance policy is designed for the large, substantial claims.
Theft deterrents save – Selecting a car model that has a built-in theft deterrent system can help bring down rates. Systems that thwart theives such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop your car from being stolen.
Your address can push rates up or down – Choosing to live in less populated areas is a good thing when it comes to insurance. Fewer people means fewer accidents and lower theft and vandalism rates. City drivers have more road rage incidents and longer commutes to work. Longer commute distances means more chances of being involved in an auto accident.
Liability insurance is critical – Your insurance policy’s liability coverage will provide protection when you are found to be at fault for an accident. Your liability coverage provides you with a defense in court which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so drivers should make sure they buy enough to cover all assets.
Tickets and citations cost more than a fine – Being a careful driver influences premium rates substantially. Careful drivers get better rates compared to drivers with tickets. Having just one speeding ticket can increase the cost of insurance forty percent or more. People who have serious tickets such as DWI, reckless driving or hit and run convictions may be required to complete a SR-22 with their state DMV in order to prevent a license revocation.

Which car insurance is cheapest?

Most major insurance companies such as Allstate, Geico and Progressive provide coverage price quotes on their websites. This process is fairly simple as you just type in into the form. When the form is submitted, the system pulls your driving and credit reports and returns a price based on these factors.

Quoting online makes it easy to compare insurance prices but having to visit different websites and type in the same information is monotonous and tiresome. But it’s necessary to get many rate quotes if you want to find a better rate.

A better way to compare car insurance pricing is to use a quote form to get prices from a lot of companies. This type of form saves time, requires less work, and makes online quotes a little more enjoyable. As soon as you send your information, your coverage is rated with multiple companies and you can pick any or none of the price quotes you receive.

If you find a better price you can click and sign and buy the policy. The whole process takes just a few minutes to complete and you will find out if you’re overpaying now.

In order to find out how much you can save on car insurance, click here and enter your information. If you currently have coverage, we recommend you copy coverages and limits just like they are on your policy. Doing this assures you will get a fair comparison using the exact same coverages.

But they said I’d save $401 a year!

Companies like Allstate, Geico and Progressive regularly use ads on television and other media. They all seem to advertise the message that you’ll save big if you get a free insurance quote and switch your car insurance policy to them. It sounds good, but how can they all charge you less for auto insurance? Here is the trick they use.

Different companies have underwriting criteria for the driver that is profitable for them. An example of a profitable insured might have to be over the age of 45, has never had a policy lapse, and drives less than 5,000 miles a year. Any new insured that meets those criteria receives the best prices as well as save when switching.

Drivers who may not quite match this ideal profile may be forced to pay a higher premium and this results in the customer not purchasing. If you listen closely, the ads state “customers who switch” but not “everyone who gets a quote” save that much. This is how companies can make claims like that.

Because of these techniques, you absolutely need to compare price quotes frequently. It’s just not possible to know the company that will provide you with the cheapest prices.

Take advantage of with these discounts

Insurance can cost an arm and a leg, but discounts can save money and there are some available that could drop your premiums quite a bit. Certain credits will be shown at quote time, but occassionally some discounts must be requested specifically before they will apply. If they aren’t giving you every credit you deserve, you may be paying too high a price.

Military Deployment Discount – Having a family member in the military could be rewarded with lower car insurance rates.
Anti-lock Brake System – Vehicles with anti-lock braking systems can avoid accidents and therefore earn up to a 10% discount.
Savings for New Vehicles – Buying a new car instead of a used car can get you a discount compared to insuring an older model.
Federal Employees – Being employed by or retired from a federal job may reduce rates when you quote insurance on 500e coverage depending on your car insurance provider.
Accident Waiver – Not really a discount, but companies like Geico and Allstate will forgive one accident before hitting you with a surcharge if you are claim-free for a specific time period.
Include Life Insurance and Save – Companies who offer life insurance give a small discount if you purchase some life insurance too.
Pay Early and Save – If paying your policy premium upfront rather than paying monthly you can avoid monthly service charges.
Driver Training Discounts – Taking part in a defensive driving course can save you 5% or more and easily recoup the cost of the course.
Resident Student – Children who are enrolled in higher education away from home and won’t have access to an insured vehicle could qualify for this discount.

Discounts lower rates, but most discount credits are not given to the overall cost of the policy. Most cut individual premiums such as collision or personal injury protection. Despite the fact that it seems like adding up those discounts means a free policy, company stockholders wouldn’t be very happy.

To see companies offering car insurance discounts, click this link.

Your situation helps dictate your coverage

When choosing coverage, there really is no best way to insure your cars. Every insured’s situation is different.

Here are some questions about coverages that can help discover whether your personal situation might need an agent’s assistance.

Does coverage extend to Mexico or Canada?
Can I afford to pay high deductible claims out of pocket?
How high should my medical payments coverage be?
Why am I required to buy liability insurance?
When would I need rental car insurance?
Will filing a claim cost me more?
Am I covered when renting a car or should I buy coverage from the car rental agency?

If you don’t know the answers to these questions, you may need to chat with an agent. If you don’t have a local agent, fill out this quick form.

Auto insurance coverages

Learning about specific coverages of your insurance policy aids in choosing which coverages you need and proper limits and deductibles. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Comprehensive coverage

This will pay to fix damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as fire damage, falling objects and hail damage. The maximum amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Auto liability insurance

This will cover damages or injuries you inflict on other people or property in an accident. It protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for claims like repair costs for stationary objects, medical services, attorney fees and court costs. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision protection

Collision coverage covers damage to your 500e resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like sustaining damage from a pot hole, hitting a mailbox, sideswiping another vehicle, driving through your garage door and rolling your car. Collision is rather expensive coverage, so consider removing coverage from older vehicles. It’s also possible to choose a higher deductible to bring the cost down.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2016 FIAT 500e.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for things like pain medications, ambulance fees and hospital visits. They are often used in conjunction with a health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

More effort can pay off

People change insurance companies for any number of reasons including policy cancellation, denial of a claim, high prices or an unsatisfactory settlement offer. Whatever your reason, switching companies can be easier than you think.

Cheaper car insurance can be purchased on the web and from local agencies, so you need to shop insurance with both in order to have the best chance of saving money. Some car insurance companies don’t offer price quotes online and these smaller providers prefer to sell through independent agents.

In this article, we presented some good ideas how you can reduce 2016 FIAT 500e insurance auto insurance rates online. The key concept to understand is the more times you quote, the higher your chance of finding affordable insurance. Drivers may discover the lowest auto insurance rates come from the smaller companies.