Lower Your 2014 FIAT 500 Car Insurance Cost

No sane person looks forward to paying premiums for insurance coverage, in particular when the prices are way too high. Because you have many choices, it is hard for the average consumer to locate a lower cost company.

This article will familiarize you with how car insurance quotes work and some tips to save money. If you currently have car insurance, you stand a good chance to be able to reduce your rates substantially using this strategy. Vehicle owners just need to know the best way to get comparison rates online.

The best way we recommend to compare car insurance company rates utilizes the fact car insurance companies provide online access to give free rates quotes. To get started, all you need to do is spend a couple of minutes providing details including types of safety features, if you have a valid license, how much school you completed, and distance driven. Those rating factors is then sent to insurance carriers in your area and they return rate quotes within a short period of time.

If you wish to get multiple quotes for your 2014 FIAT 500 now, click here and find out if lower rates are available.

Auto insurance policy discounts you can’t miss

Insuring your fleet can be pricey, but you might find some hidden discounts that you may not know about. Some trigger automatically when you complete an application, but some discounts are required to be specifically requested before you will receive the discount.

  • 55 and Retired – Mature drivers may qualify for a discount up to 10% on 500 insurance.
  • Savings for New Vehicles – Insuring a vehicle that is new can cost up to 25% less because newer models are generally safer.
  • Drivers Education – Reduce the cost of insurance for teen drivers by having them enroll in driver’s education as it can save substantially.
  • Federal Government Employee – Active or retired federal employment can save as much as 8% on 500 insurance with a few auto insurance companies.
  • Paperwork-free – A handful of auto insurance companies give back up to $50 simply for signing digitally online.
  • Include Life Insurance and Save – Select companies reward you with a small discount if you purchase auto and life insurance together.
  • Multiple Policy Discount – When you combine your home and auto insurance with the same insurance company you may save at least 10% off all policies.
  • Theft Deterent – Cars equipped with tracking devices and advanced anti-theft systems have a lower chance of being stolen and will save you 10% or more.
  • Passive Restraint Discount – Vehicles equipped with air bags or automatic seat belts could see savings of 20 to 30 percent.

Discounts reduce rates, but you should keep in mind that some of the credits will not apply the the whole policy. A few only apply to specific coverage prices like medical payments or collision. So when it seems like all the discounts add up to a free policy, companies don’t profit that way.

Large auto insurance companies and some of the discounts are shown below.

  • State Farm policyholders can earn discounts including accident-free, Drive Safe & Save, student away at school, good student, defensive driving training, and passive restraint.
  • Farmers Insurance may have discounts that include distant student, good student, mature driver, youthful driver, homeowner, and pay in full.
  • Progressive discounts include homeowner, multi-policy, multi-vehicle, continuous coverage, online signing, online quote discount, and good student.
  • GEICO has savings for multi-policy, federal employee, five-year accident-free, driver training, good student, anti-theft, and daytime running lights.
  • Auto-Owners Insurance offers discounts for group or association, multi-policy, multiple vehicles, paid in full, good student, and teen driver.
  • The Hartford offers discounts including air bag, bundle, good student, driver training, anti-theft, and defensive driver.
  • Farm Bureau may include discounts for multi-policy, youthful driver, multi-vehicle, renewal discount, driver training, 55 and retired, and good student.
  • USAA may offer discounts for annual mileage, vehicle storage, multi-policy, defensive driver, new vehicle, driver training, and family discount.

Before purchasing a policy, check with every insurance company to give you their best rates. Some of the earlier mentioned discounts might not be offered on policies in your area. To see a list of providers with discount auto insurance rates, click here to view.

Insurance agents can help

When choosing adequate coverage for your personal vehicles, there is no “best” method to buy coverage. Each situation is unique and a cookie cutter policy won’t apply. For example, these questions can help discover if your insurance needs would benefit from professional advice.

  • Does my insurance cover a custom paint job?
  • Does medical payments coverage apply to all occupants?
  • What is no-fault insurance?
  • Are rental cars covered under my policy?
  • Does having multiple vehicles earn me a discount?
  • What is high-risk coverage and where do I buy it?
  • Do I benefit by insuring my home with the same company?

If you’re not sure about those questions but a few of them apply, you may need to chat with an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and you can get the answers you need.

Information about specific coverages

Having a good grasp of your policy can help you determine the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Shown next are typical coverage types offered by car insurance companies.

Comprehensive protection

This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as hitting a bird, falling objects, fire damage, vandalism and hitting a deer. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision protection

This coverage pays for damage to your 500 resulting from colliding 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 coverage pays for things like hitting a parking meter, driving through your garage door, damaging your car on a curb, colliding with another moving vehicle and scraping a guard rail. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. It’s also possible to raise the deductible to get cheaper collision coverage.

Liability coverages

This coverage will cover injuries or damage you cause to people or other property. It protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/25 that translate to $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Another option is a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims such as court costs, medical expenses, bail bonds and structural damage. The amount of liability coverage you purchase is a personal decision, but you should buy higher limits if possible.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as EMT expenses, funeral costs, dental work and X-ray expenses. They are often used in conjunction with a health insurance policy or if you do not have health coverage. It covers not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection when other motorists do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your FIAT 500.

Because many people carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Normally these coverages are similar to your liability insurance amounts.

Comments About 2014 FIAT 500 Insurance

  1. Juliane Valentine

    Where is cheaper car insurance? I live in Portland, OR. I got free rates from Progressive, Auto-Owners, Esurance, and The General for my 2014 FIAT 500 and I think I saved around $30 each month. I’m a pretty good driver though.

  2. Billy Lambert

    I’m in Fargo, North Dakota. Quoted a bunch of companies. Saved right around $50 a month. State Farm was the cheapest for me. Left Hartford to switch.

  3. Jackie Welch

    Nice post. I live west of Warwick, RI. Quoted a bunch of companies. Saved roughly $40 a month. State Farm was the best choice for me.

  4. Kirstin Stuart

    Does Progressive offer good discounts?

  5. Roberto Grant

    If you have a clean record and live around Mobile, AL, check out Allstate. You might save some money. Was with Eastwood. Hopefully won’t need it. Not sure if rates are cheaper online or not.

  6. Shin Baxter

    Anyone like their agent?

  7. Leone Reed

    IT’S ALL TOO EXPENSIVE! Lifelong resident of Spokane, WA. Got car insurance rates from GEICO, GMAC, and Esurance for my 2014 FIAT 500 and cut my rates about $500 a year. Ask about discounts. They were helpful in switching over.

  8. Noemi Alston

    I was with The General last year but switched to Progressive. I live in Montgomery, AL. Have an at-fault accident tho. Still almost need a second mortgage.