2013 FIAT 500 Insurance Quotes – 8 Tricks for Cheapest Rates

As a sidenote, some of the credits will not apply the the whole policy. Most only reduce the cost of specific coverages such as collision or personal injury protection. Just because it seems like all the discounts add up to a free policy, insurance companies wouldn’t stay in business.

Larger insurance companies and some of the premium reductions they offer are:

• State Farm may have discounts that include Drive Safe & Save, accident-free, multiple autos, student away at school, good driver, and good student.
• American Family may include discounts for Steer into Savings, good student, early bird, bundled insurance, and TimeAway discount.
• AAA policyholders can earn discounts including AAA membership discount, multi-policy, good student, anti-theft, and multi-car.
• Geico may offer discounts for anti-theft, defensive driver, driver training, five-year accident-free, and federal employee.
• Mercury Insurance offers premium reductions for annual mileage, type of vehicle, professional/association, location of vehicle, good student, and multi-car.
• Farmers Insurance discounts include homeowner, teen driver, mature driver, distant student, switch companies, and good student.
• Progressive has discounts for multi-policy, multi-vehicle, online quote discount, good student, continuous coverage, online signing, and homeowner.

When getting a coverage quote, ask every prospective company which discounts can lower your rates. Some of the discounts discussed earlier may not apply to policyholders in your area. To choose insurance companies with discount insurance rates, click here.

Ways to get insurance price quotes

When shopping for insurance there are multiple ways to compare prices from many insurance companies in your state. The easiest way to lower the rate you pay for 2013 FIAT 500 insurance consists of obtaining rate quotes online. This is very easy and can be done using a couple different methods.

• Experts agree that the best way to find the lowest comparison rates is a comparison rater form (click to open form in new window). This easy form saves time by eliminating boring form submissions for every insurance company. Taking the time to complete one form will get you rate comparisons from all major companies.
• A more difficult way to find more affordable insurance requires a visit to each company’s website to complete their respective quote request forms. For example, let’s assume you want to compare prices for Nationwide, Esurance and Progressive. 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. For a handy list of car insurance company links in your area, click here.

Whichever way you choose to compare rates, make absolute certain that you use apples-to-apples coverages with every price quote. If you are comparing unequal deductibles or liability limits it will be nearly impossible to determine which rate is truly the best. Just slight variations in limits may cause a big price difference. Keep in mind that comparing more company’s prices increases the change that you will find the best price.

Tailor your insurance coverage coverage to you

When it comes to buying the right insurance coverage, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. Here are some questions about coverages that might help in determining if your situation may require specific advice.

• Does my policy cover me when driving someone else’s vehicle?
• When should I not file a claim?
• Why is insurance for a teen driver so high?
• Why do I only qualify for high-risk insurance?
• Does coverage extend to a rental car in a foreign country?
• Am I covered when driving in Canada or Mexico?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier

Car insurance 101

Having a good grasp of your policy can be of help when determining which coverages you need at the best deductibles and correct limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Shown next are the normal coverages found on the average car insurance policy.

Coverage for uninsured or underinsured drivers

This provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and damage to your FIAT 500.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Normally the UM/UIM limits are identical to your policy’s liability coverage.

Comprehensive car insurance

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like fire damage, falling objects, hitting a bird and a broken windshield. The most your car insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for liability

Liability insurance can cover damage or injury you incur to people or other property by causing an accident. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Another option is a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims like court costs, attorney fees and emergency aid. How much liability should you purchase? That is up to you, but consider buying as much as you can afford.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for things like rehabilitation expenses, doctor visits, nursing services and prosthetic devices. They are utilized in addition to your health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Auto collision coverage

Collision insurance will pay to fix damage to your 500 from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as sustaining damage from a pot hole, scraping a guard rail, damaging your car on a curb and hitting a parking meter. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Shop around and save

We just showed you many ideas to lower your 2013 FIAT 500 insurance car insurance rates. The key concept to understand is the more times you quote, the more likely it is that you will get a better rate. You may be surprised to find that the lowest car insurance rates come from a smaller regional carrier. These smaller insurers may cover specific market segments cheaper than the large multi-state companies such as State Farm and Allstate.

Some insurance companies do not provide the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agencies. Cheaper insurance coverage is possible from both online companies in addition to many insurance agents, and you need to price shop both in order to have the best chance of saving money.

Much more information about insurance coverage is available at these links:

• Five Mistakes to Avoid (Insurance Information Insitute)
• What is Covered by GAP Insurance? (Allstate)
• Booster Seat Ratings (iihs.org)
• Protecting Teens from Drunk Driving (Insurance Information Insitute)