How Much Does 2014 FIAT 500e Car Insurance Cost?

Want better auto insurance rates for your FIAT 500e? Paying for pricey FIAT 500e insurance can bleed your checking account and force you to make sacrifices. Doing a rate analysis is free and is an excellent way to reduce premiums and put more money in your pocket.

Numerous insurers battle for your insurance dollar, so it’s not easy to compare every insurer to find the lowest rate

Smart consumers take time to take a look at other company’s rates occasionally due to the fact that insurance prices change regularly. Even if you think you had the lowest quotes for 500e insurance two years ago there is a good chance you can find better rates now. Forget anything you know (or think you know) about auto insurance because you’re about to learn one of the quickest ways to lower your annual insurance bill.

If you currently have car insurance, you stand a good chance to be able to reduce your rates substantially using this strategy. Finding the best rates is quite easy. But consumers do need to understand how big insurance companies price insurance differently and use this information to your advantage.

How to shop car insurance online

There are several ways of comparing rates from all the different companies. The easiest way to find the cheapest 2014 FIAT 500e insurance rates is to jump online and get quotes. It’s really quite simple and can be done by using one of the methods below.

1. The fastest and easiest way consumers can make multiple comparisons is an all-inclusive rate comparison click to view form in new window. This type of form keeps you from doing a different quote for each price estimate. Filling out one form gets insurance cost estimates from several companies.
2. Another way to compare prices is to take the time to go to the website for every company you want to comare and repeat the quote process. For sake of this example, we’ll assume you want to compare prices for Farmers, Progressive and Allstate. You would be required to go to every website and enter your information, which is why the first method is quicker. For a handy list of car insurance company links in your area, click here.

Whichever way you choose to compare rates, ensure you are comparing exactly the same coverage limits on every quote you get. If you are comparing different limits and deductibles on each one it will be nearly impossible to decipher which rate is best. Just slight variations in insurance coverages can make a big difference in price. And when quoting car insurance, remember that comparing a wide range of rates increases the change that you will find a lower rate than you’re paying now.

Car insurance advertisements

Car insurance providers like Progressive, Geico, Allstate and State Farm continually stream television and radio advertisements. They all seem to make the promise about how much you will save if you change your policy. It sounds good, but how can they all charge lower premium rates? This is the way they can do it.

All companies give the cheapest rates for the driver that earns them a profit. An example of this type of risk profile may be a female over age 40, has no tickets, and has a high credit rating. A propective insured who fits those characteristics may get the lowest auto insurance rates and will probably save a lot of money.

Potential customers who fall outside those standards will be quoted a higher rate and this can result in the customer buying from a different company. The trick is to say “people who switch” not “all people who quote” save that much money. That’s the way insurance companies can claim big savings.

Because of these techniques, drivers must compare price quotes frequently. It is impossible to guess which car insurance company will have better rates than you’re paying now.

Discounts can really help lower rates

Car insurance can be pricey, but you can get discounts that you may not even be aware of. Some discounts apply automatically when you purchase, but a few must be asked about in order for you to get them.

• Telematics Data Discounts – Drivers that enable their car insurance company to track driving patterns by installing a telematics device such as Allstate’s Drivewise and State Farm’s In-Drive system might get better premium rates if they have good driving habits.
• Homeowners Pay Less – Owning your own home or condo can save you money because maintaining a house is proof that your finances are in order.
• Theft Deterent System – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and will qualify for a discount on a auto insurance quote.
• Discount for Passive Restraints – Vehicles with factory air bags or motorized seat belts may get savings of up to 25% or more.
• Accident-Free Discounts – Drivers who stay claim-free get the best car insurance rates in comparison with accident-prone drivers.
• Save with More Vehicles Insured – Drivers who insure multiple cars or trucks on one policy could earn a price break for each car.

As a disclaimer on discounts, most credits do not apply to the overall cost of the policy. Some only reduce the cost of specific coverages such as medical payments or collision. So when the math indicates all the discounts add up to a free policy, you’re out of luck.

Larger car insurance companies and some of their more popular discounts are:

• State Farm may have discounts that include driver’s education, good driver, multiple autos, anti-theft, accident-free, and student away at school.
• Liberty Mutual may include discounts for new graduate, multi-car, hybrid vehicle, exclusive group savings, safety features, and multi-policy.
• American Family offers discounts for good student, Steer into Savings, multi-vehicle, TimeAway discount, and early bird.
• Progressive offers premium reductions for good student, homeowner, multi-policy, continuous coverage, and multi-vehicle.
• Farmers Insurance has savings for homeowner, business and professional, mature driver, alternative fuel, youthful driver, distant student, and pay in full.
• Auto-Owners Insurance has discounts for safe driver, anti-lock brakes, multiple vehicles, mature driver, group or association, and multi-policy.
• SAFECO policyholders can earn discounts including anti-lock brakes, accident prevention training, multi-car, drive less, teen safety rewards, teen safe driver, and homeowner.

When quoting, ask every insurance company which credits you are entitled to. A few discounts might not be offered in every state.

Will just any policy work for me?

When choosing proper insurance coverage, there really is not a best way to insure your cars. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For instance, these questions may help you determine whether or not you would benefit from professional advice.

• Why am I required to buy high-risk coverage?
• Will my vehicle be repaired with OEM or aftermarket parts?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Do I need PIP coverage since I have good health insurance?
• How can I find cheaper teen driver insurance?
• Are my friends covered when driving my car?
• Do I pay less for low miles?
• Is a new car covered when I drive it off the dealer lot?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to 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.

Specific coverage details

Having a good grasp of your insurance policy helps when choosing the best coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages offered by insurance companies.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for expenses for things like funeral costs, surgery, pain medications, doctor visits and rehabilitation expenses. The coverages can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. It covers both the driver and occupants as well as getting struck while a pedestrian. PIP is not available in all states and gives slightly broader coverage than med pay

Liability

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

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for claims such as funeral expenses, loss of income, repair costs for stationary objects and emergency aid. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Collision protection

Collision insurance covers damage to your 500e from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things such as sideswiping another vehicle, scraping a guard rail, hitting a parking meter, sustaining damage from a pot hole and crashing into a ditch. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and damage to your FIAT 500e.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Normally these coverages are set the same as your liablity limits.

Comprehensive coverages

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as hitting a deer, rock chips in glass and damage from getting keyed. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Take this to the bank

In this article, we presented a lot of techniques to get a better price on 2014 FIAT 500e insurance. The key thing to remember is the more rate comparisons you have, the more likely it is that you will get a better rate. Drivers may discover the lowest premium rates are with a small local company. Regional companies can often provide lower prices in certain areas than their larger competitors like State Farm and Allstate.

When searching for the cheapest auto insurance quotes, do not buy poor coverage just to save money. There are a lot of situations where an accident victim reduced physical damage coverage only to regret that saving that couple of dollars actually costed them tens of thousands. Your objective should be to purchase a proper amount of coverage for the lowest cost while still protecting your assets.

Much more information about insurance coverage is available on the following sites:

• Tread Depth and Tire Safety (State Farm)
• Vehicle Insurance in the U.S. (Wikipedia)
• Rental Car Insurance Tips (Insurance Information Insitute)
• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• Auto Crash Statistics (Insurance Information Insitute)