Compare 2012 FIAT 500 Car Insurance Rates

Want cheaper insurance rates for your FIAT 500? Trying to find cheaper insurance for a new or used FIAT 500 can turn out to be an all-consuming task, but you can learn our insurance buying tips to make it easier.

There are both good and bad ways to shop for insurance and you need to know the proper way to quote coverages for your FIAT and locate the cheapest rates either online or from local insurance agents.

It’s smart to compare prices periodically due to the fact that insurance prices change frequently. Even if you got the lowest rates for 500 insurance six months ago there is a good chance you can find better premium rates now. There is a lot of bad advice regarding insurance out there, but you can learn some of the best techniques to save money.

Take advantage of every insurance coverage discount

Some providers do not advertise all available discounts very well, so the following is a list of a few of the more well known and also the more inconspicuous discounts you could be receiving when you buy auto insurance online. If you do not check that you are getting every discount possible, you could be getting lower rates.

  • Discounts for Seat Belt Usage – Drivers who always wear seat belts and also require passengers to fasten their seat belts can save up to 10 percent (depending on the company) on medical payment and PIP coverage.
  • Discount for Good Grades – Maintaining excellent grades can earn a discount of 20% or more. Earning this discount can benefit you up until you turn 25.
  • Discount for Life Insurance – Larger companies have a break if you buy a life policy as well.
  • Policy Bundle Discount – When you have multiple policies with the same insurance company you will save nearly 15% which can help you find the cheapest auto insurance.
  • Responsible Drivers – Drivers without accidents can save up to 40% or more on their auto insurance quote for 500 insurance than their less cautious counterparts.
  • First Accident Forgiveness – but some companies like GEICO, Progressive, and Allstate will let one accident slide without getting socked with a rate hike if your claims history is clear prior to the accident.

Discounts lower rates, but most discount credits are not given to all coverage premiums. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. Just because it seems like you could get a free insurance coverage policy, you won’t be that lucky.

Some of the insurance companies that may have some of the discounts shown above include:

If you are trying to find cheap auto insurance quotes, ask each insurance company to apply every possible discount. Discounts might not be offered on policies in your state. To find insurance companies who offer insurance coverage discounts, click here.

How to buy insurance online

Finding cheap 2012 FIAT 500 insurance rates is not a difficult process. All you need to do is invest a few minutes to get quotes online from several insurance companies. It is quite easy and can be accomplished in several different ways.

  1. The easiest and least time consuming way to get the best comparison quotes is a comparison rater form (click to open form in new window). This style of form keeps you from doing repetitive form entry for each company. One simple form gets coverage cost estimates from multiple companies.It’s the quickest way to get rates.
  2. A less efficient way to get comparison quotes requires you to visit each company website and request a quote. For sake of this example, we’ll pretend you want comparison quotes from Nationwide, Esurance and Travelers. You would need to visit each site and enter your information, which can get rather old. For a list of links to companies insuring cars in your area, click here.

Take whichever approach you prefer, but make sure you compare apples-to-apples coverage limits and deductibles for each quote you get. If you are comparing higher or lower deductibles then you won’t be able to decipher which rate is best.

FIAT 500 insurance costs can be more affordable

Smart consumers have a good feel for some of the things that help calculate the level of your policy premiums. If you understand what impacts premium levels, this helps enable you to make changes that could help you find cheaper rates. Multiple criteria are used when pricing auto insurance. Most are fairly basic such as traffic violations, but some are not as apparent such as your marital status or your vehicle rating.

  • GPS tracking and theft deterrents reduce rates – Owning a car with advanced anti-theft systems can get you a discount on your auto insurance. Theft deterrent systems such as OnStar, LoJack tracking, and tamper alarms all help stop car theft and help bring rates down.
  • Premiums and job – Occupations like real estate brokersairline pilots and emergency personnel usually pay higher premiums than the average policyholder due to intense work-related stress and lengthy work days. Conversely, occupations like professors, engineers and performers have lower than average premiums for 500 insurance.
  • Rates and your address – Having an address in a small town may provide you with better prices when trying to find low car insurance rates. Residents of big cities have to deal with more auto accidents and more severe claims. Fewer drivers on the road means a lower chance of having an accident in addition to lower liability claims
  • Why do you need liability coverage? – Your policy’s liability coverage provides coverage in the event that a jury decides you are liable for physical damage or personal injury to other. Your policy’s liability insurance provides you with a defense in court up to the limits shown on your policy. Liability is cheap compared to comp and collision, so drivers should buy more than the minimum limits required by law.
  • More annual miles equals more premium – The higher the mileage driven annually the more you will pay for auto insurance. A lot of companies price each vehicle’s coverage determined by how the vehicle is used. Vehicles that have low annual miles receive lower rates compared to those used for work or business. An improperly rated 500 is throwing money out the window. Verify your auto insurance policy shows annual mileage, because it can save money.
  • A lauto insurance lapse is a bad thing – Allowing your coverage to lapse will be a guaranteed way to drive up your policy premiums. Not only will you pay higher rates, not being able to provide proof of insurance will get you a fine, jail time, or a revoked license.
  • Get better rates if married – Getting married may cut your premiums when shopping for auto insurance. It may mean you are more financially stable and insurance companies reward insureds because drivers who are married file infrequent claims.
  • Is insurance cheaper for men or women? – Over time, data shows that women are safer drivers than men. Now that doesn’t mean men are WORSE drivers than women. Both genders are responsible for at-fault accidents at about the same rate, but the males cause more damage. Men also tend to receive more costly citations such as DWI and reckless driving.

How to know if you need help

When it comes to buying proper insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Everyone’s needs are different.

For example, these questions might help in determining whether or not you might need an agent’s assistance.

  • Is rental equipment covered for theft or damage?
  • Do I need higher collision deductibles?
  • Am I covered when using my vehicle for business?
  • Can I make deliveries for my home business?
  • Do I need medical payments coverage since I have good health insurance?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Do I need roadside assistance coverage?
  • Should I buy only the required minimum liability coverage?
  • Should I buy full coverage?
  • Am I covered when driving someone else’s vehicle?

If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form. It only takes a few minutes and can provide invaluable advice.

Coverages available on your policy

Having a good grasp of a car insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement.

Collision coverage – This coverage pays for damage to your 500 resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like sideswiping another vehicle, crashing into a ditch, hitting a parking meter and colliding with another moving vehicle. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Another option is to increase the deductible to save money on collision insurance.

Medical costs insurance – Coverage for medical payments and/or PIP reimburse you for expenses for dental work, prosthetic devices, funeral costs, doctor visits and chiropractic care. The coverages can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. They cover all vehicle occupants in addition to any family member struck as a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Liability coverage – Liability coverage provides protection from damages or injuries you inflict on other’s property or people in an accident. It protects you against other people’s claims. It does not cover damage to your own property or vehicle.

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. As an example, you may have liability limits of 100/300/100 which means a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Some companies may use a combined limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage pays for claims like funeral expenses, repair bills for other people’s vehicles and medical expenses. How much liability should you purchase? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Comprehensive or Other Than Collision – This will pay to fix damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as falling objects, vandalism, damage from a tornado or hurricane, hitting a bird and damage from flooding. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

UM/UIM Coverage – This protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your FIAT 500.

Because many people carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Usually these limits are identical to your policy’s liability coverage.

Better coverage you can count on

Affordable 2012 FIAT 500 insurance can be found both online and from local agencies, and you need to price shop both to have the best chance of lowering rates. A few companies do not offer rate quotes online and most of the time these smaller companies provide coverage only through local independent agencies.

As you restructure your insurance plan, make sure you don’t reduce needed coverages to save money. There are too many instances where an insured dropped physical damage coverage to discover at claim time that they should have had better coverage. Your aim should be to find the BEST coverage for the lowest price while not skimping on critical coverages.

We’ve covered some good ideas how you can reduce 2012 FIAT 500 insurance car insurance rates online. The most important thing to understand is the more price quotes you have, the better your comparison will be. You may be surprised to find that the lowest car insurance rates are with a lesser-known regional company.

For more information, link through to the articles below:

Comments About 2012 FIAT 500 Insurance

  1. Gena Sanders

    I live east of Reno, Nevada. I quoted with GEICO, Esurance, and Hanover for my FIAT and I think I saved around $60 each month. I even had a DUI years ago.

  2. Cher Terry

    I live on the east side of Fort Smith, Arkansas. I quoted with Sentry, Farmers, Allstate, and American Family for my 2012 FIAT 500 and I’m now saving $38 a month. I have kids on my policy, too. Are quotes cheaper online?

  3. Fannie Branch

    If you don’t have tickets and live in the vicinity of Des Moines, Iowa, check out Progressive. They seem to be cheaper. Switched homeowners coverage too.

  4. Gillian Humphrey

    Great site. I live in a small town just outside of Aberdeen, South Dakota. Compared quite a few companies. Saved roughly $70 a month. GEICO was the most affordable for me. I just quoted rates online.

  5. Chang Britt

    Lifelong resident of Salt Lake City, Utah. Got rates from 21st Century, American Family, and some I forget for my 500 and saved around $290 a year. Just go online and compare their rates.

  6. Kalyn Nielsen

    From a town just southwest of Louisville, KY and for me 21st Century had the lowest quote. Highly recommended.

  7. Efrain Gardner

    Does State Farm offer good discounts?

  8. Mitchell Payne

    Great site. I live on the south side of Fargo, ND. Quoted quotes with Allstate, AAA, and Esurance for my 500 and saved just over $560 a year. Was with Hartford. It’s still not cheap enough.

  9. Chase Houston

    I found pretty cheap rate quotes for a 2012 FIAT 500 in Pittsburgh, PA. Ended up at roughly $210 every six months with Amica. Hopefully won’t need it. :)

  10. Ralph Price

    I got quite a few price quotes for a 2012 FIAT 500 in Little Rock, AR. Ended up at right around $360 every six months with American Family. Left Encompass to switch. I’m a pretty good driver though. I just quoted rates online.