2018 FIAT 500L Car Insurance Rates

Finding the cheapest insurance for a new or used FIAT 500L can normally be a painful process, but you can learn a few tricks to save time. There are more efficient ways to shop for insurance coverage and we’ll show you the quickest way to price shop coverage for a new or used FIAT and locate the lowest price from both online companies and local agents.

It’s a good idea to shop coverage around as often as possible because insurance coverage prices are usually higher with each renewal. Just because you found the best rates on 500L coverage a year ago there is a good chance you can find better rate quotes now. Block out anything you think you know about insurance coverage because I’m going to let you in on the secrets to the tricks you need to know to save money, get proper deductibles and limits, all at the lowest rate.

Compare car insurance rate quotes online

Effectively comparing car insurance prices can take time and effort if you don’t utilize the best way to get rate quotes. You can spend your afternoon discussing policy coverages with insurance agencies in your area, or you could use online quoting to get prices fast.

The majority of car insurance companies participate in a marketplace that enables customers to submit their information once, and every company returns a rated price determined by their information. This eliminates the need for quote requests for each company.

To access this free quoting program, click here to open in new window.

The single downside to getting quotes like this is you are unable to specify the insurers you will receive quotes from. So if you prefer to choose individual companies for rate comparison, we have a page of car insurance companies in your area. Click here for list of insurance companies.

You can use whichever method you prefer to find lower rates, just ensure you’re using equivalent coverage limits and deductibles on every price quote you get. If each company quotes different values for each quote you will not be able to make an equal comparison.

More discounts mean affordable premiums

Auto insurance companies don’t always advertise every disount available in a way that’s easy to find, so we researched both well-publicized as well as the least known savings tricks you should be using when you buy insurance online. If they aren’t giving you every credit you qualify for, you are not getting the best rate possible.

  • Discounts for Seat Belt Usage – Drivers who always wear seat belts and also require passengers to buckle their seat belts may be able to save a few bucks off the medical payments premium.
  • Telematics Devices – Insureds who allow companies to monitor when and where they use their vehicle remotely such as Drivewise from Allstate or Snapshot from Progressive could save a few bucks if they exhibit good driving behavior.
  • 55 and Retired – Drivers over the age of 55 may be able to get a small decrease in premiums on 500L coverage.
  • Discount for New Cars – Buying a new car model can cost up to 25% less because new model year vehicles have to meet stringent safety requirements.
  • Multiple Cars – Drivers who insure several vehicles on one policy could earn a price break for each car.
  • Passenger Safety Discount – Factory air bags and/or automatic seat belt systems may qualify for discounts of up to 25% or more.
  • Homeowners Savings – Owning a house can get you a discount due to the fact that maintaining a home means you have a higher level of financial diligence.
  • Student Discounts – Excelling in school could provide a savings of up to 20% or more. This discount can apply up until you turn 25.

A little disclaimer on discounts, some credits don’t apply to the entire cost. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So even though you would think you could get a free car insurance policy, insurance companies wouldn’t stay in business.

A few companies that possibly offer these money-saving discounts include:

Check with all the companies the best way to save money. Some discounts might not be offered everywhere. To view insurance companies that offer many of these discounts, click this link.

Why you might pay higher rates

Many different elements are used in the calculation when pricing auto insurance. Some are pretty understandable such as your driving record, although others are less apparent such as your marital status or how financially stable you are.

  • Gender is a factor – Statistics show that men are more aggressive behind the wheel. The data does not necessarily mean that males are worse at driving than females. Both genders tend to get into auto accidents at about the same rate, but males cause more damage. They also get more serious tickets like driving under the influence (DUI).
  • Save by driving safer cars – Vehicles with good safety scores cost less to insure. These vehicles reduce injuries and fewer injuries translates directly to fewer claims and lower rates for you. If your FIAT is rated at least four stars on Safercar.gov you may be receiving a better rate.
  • Youthful drivers are expensive to insure – Inexperience drivers are statistically proven to be inattentive and easily distracted when at the wheel of a vehicle and because of this, their insurance coverage rates are much higher. Older drivers are more cautious drivers, statistically cause fewer accidents and get fewer tickets.
  • Lower rates with a multi-policy discount – Many insurers will give a discount to insureds who carry more than one policy such as combining an auto and homeowners policy. If you currently are using one company, drivers will still want to compare other insurance prices to verify if the discount is saving money. You may still save money by splitting coverages up.
  • How many miles do you drive? – The higher the mileage driven annually the more you will pay for insurance coverage. Almost all companies charge rates based upon how the vehicle is primarily used. Vehicles used primarily for pleasure use cost less to insure than vehicles that are driven to work every day. An incorrectly rated 500L is just wasting money. Make sure your insurance coverage policy is rated on the correct usage for each vehicle, because it can save money.
  • Accidents cost more than a fine – Having a single speeding ticket or other violation can increase the cost of insurance by as much as thirty percent. Good drivers pay less for auto insurance compared to bad drivers. Drivers unfortunate enough to have multiple citations like reckless driving or DUI may need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to prevent their license from being revoked.
  • Defend yourself with liability protection – Liability insurance will protect you if ever a court rules you are at fault for causing damage or personal injury in an accident. This coverage provides legal defense coverage starting from day one. Liability is cheap when compared to the cost of physical damage coverage, so drivers should make sure they buy enough to cover all assets.
  • Higher rates for tough employers – Occupational choices like judgespolice officers and stock brokers generally have the highest average rates because of high stress levels and incredibly demanding work hours. On the flip side, jobs like farmers, athletes and retirees pay lower than average rates on 500L coverage.

It’s not one size fits all

When it comes to buying coverage, there really is no best way to insure your cars. Your needs are not the same as everyone else’s.

Here are some questions about coverages that can help discover if you may require specific advice.

  • Am I covered when driving a rental car?
  • Does my personal policy cover me when driving out-of-state?
  • What should my uninsured motorist coverage limits be in my state?
  • How do I file an SR-22 for a DUI in my state?
  • Should I have a commercial auto policy?
  • Do I have coverage if my license is suspended?
  • What if I owe more than I can insure my car for?
  • What are the financial responsibility laws in my state?
  • Is a fancy paint job covered?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, complete this form. It’s fast, free and can provide invaluable advice.

Big names are not always cheapest

Drivers can’t get away from all the ads that promise big savings by State Farm, Allstate and GEICO. All the ads advertise claims that drivers can save some big amount if you switch your insurance coverage coverage to their company.

How does each company make the same claim?

Companies quote the lowest rates for the type of driver they prefer to insure. An example of a profitable insured could be between the ages of 30 and 50, has never had a policy lapse, and has excellent credit. Someone who meets those qualifications will get the preferred car insurance rates and will also save when they switch companies.

Insureds who are not a match for this stringent profile will probably be forced to pay a higher premium and this can result in the customer buying from someone else. The wording the ads use say “people who switch” not “all people who quote” save that kind of money. That’s the way insurance companies can confidently make claims that they all have the best prices. Each company has different criteria, so you need to do a quote comparison often. It’s just not possible to know which insurance coverage company will provide the lowest premium rates.

Learn about car insurance coverages for a FIAT 500L

Having a good grasp of car insurance aids in choosing the right coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Collision – Collision coverage pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims such as colliding with another moving vehicle, crashing into a ditch, driving through your garage door and colliding with a tree. This coverage can be expensive, so consider removing coverage from vehicles that are older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Comprehensive coverage – This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as damage from getting keyed, a broken windshield and hitting a bird. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP – Med pay and PIP coverage provide coverage for short-term medical expenses like EMT expenses, surgery, rehabilitation expenses, prosthetic devices and pain medications. The coverages can be used to fill the gap from your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage – This coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and also any damage incurred to your FIAT 500L.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Liability coverage – Liability insurance will cover injuries or damage you cause to other’s property or people that is your fault. This insurance protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.

Liability insurance covers things like structural damage, repair bills for other people’s vehicles, funeral expenses and court costs. How much liability coverage do you need? That is up to you, but consider buying as high a limit as you can afford.

The bottom line

When getting insurance quotes online, never skimp on critical coverages to save a buck or two. In many cases, an insured dropped full coverage and learned later they didn’t purchase enough coverage. The ultimate goal is to get the best coverage possible at an affordable rate.

We just covered some good ideas how to save on 2018 FIAT 500L insurance. The key concept to understand is the more providers you compare, the higher the chance of saving money. Consumers may even find the lowest car insurance rates come from some of the lesser-known companies.

Consumers who switch companies do it for many reasons like questionable increases in premium, policy non-renewal, poor customer service or even lack of trust in their agent. Whatever your reason, finding a great new company is pretty easy and you might even save some money in the process.

Other learning opportunities

Comments About 2018 FIAT 500L Insurance

  1. Tommy Morris

    Checking in from Montgomery, Alabama. Quoted a bunch of companies. Saved roughly $30 a month. Progressive was the cheapest for me. I got a quote from their website.

  2. Priscilla Horton

    All insurance companies are crooks.

  3. Dusty Andrews

    I got decent rates for a 2018 FIAT 500L in Tampa, FL. Ended up at roughly $290 every six months with AAA. Teenage drivers are expensive! Hardly afford to drive anymore.

  4. Cinthia Baldwin

    In Biloxi, MS try Allstate or Progressive. Both had decent prices.

  5. Kaitlyn Atkinson

    Well-written and thought out article. I’m just north of Raleigh, North Carolina. Not sure of all the companies but I ended up saving about $60 each month. I even had a DUI years ago.

  6. Araceli Sherman

    I live on the south side of Memphis, TN. I got free prices from American Family, Sentry, and USAA for my 2018 FIAT 500L and I think I saved around $60 each month. Was with Eastwood.

  7. Johnie Craft

    Where can I find cheaper car insurance in Atlanta, GA?

  8. Devin Walton

    I’m in Philadelphia, PA. Don’t remember every company but I ended up saving about $40 each month. Was with Western Auto Insurance. They have a lot of discounts available.