2014 FIAT 500 Car Insurance Quotes – 7 Ideas for Best Rates

Searching for lower car insurance rates for your FIAT 500? Are you a victim of overpriced car insurance? Believe me, there are lots of people in the same boat.

With consumers having so many companies to choose from, it is hard for the average consumer to pick the best car insurance company.

How to Get Insurance Coverage Comparison Quotes

There are a lot of ways to shop for insurance coverage, and some are less time-consuming than others. You could spend your day driving to agents in your area, or you could use the web to get prices fast.

The majority of car insurance companies participate in an industry program where prospective buyers submit their information once, and each company can provide price quotes based on the submitted data. This saves time by eliminating quote requests for each company. To find out what other companies charge for 2014 FIAT 500 insurance click here (opens in new window).

The only downside to doing it this way is you can’t choose the companies to receive prices from. If you wish to select from a list of companies to request quotes from, we have a listing of low cost insurance coverage companies in your area. Click here for list of insurance companies.

It doesn’t matter which method you choose, just ensure you are comparing the exact same coverage information for each comparison quote. If you have higher or lower deductibles it’s not possible to make an equal comparison. Slightly different coverages can result in a big premium difference. Just keep in mind that obtaining a wide range of quotes will enable you to find the best offered rates.

Be sure to get all your discounts

Companies offering auto insurance don’t necessarily list all their discounts in an easy-to-find place, so here is a list both well-publicized and the more hidden discounts you could be receiving.

  • Homeowners Pay Less – Owning a home can save you money due to the fact that maintaining a home is proof that your finances are in order.
  • Claim Free – Claim-free drivers can earn big discounts when compared to frequent claim filers.
  • Payment Method – If paying your policy premium upfront rather than paying monthly you may reduce your total bill.
  • Safe Driver Discount – Insureds without accidents may save up to 50% more for 500 insurance than drivers with accidents.
  • Passive Restraint Discount – Vehicles with factory air bags may earn rate discounts up to 30%.
  • Multiple Vehicles – Insuring multiple vehicles on one policy qualifies for this discount.
  • Good Student Discount – A discount for being a good student can be rewarded with saving of up to 25%. The discount lasts until age 25.

A little note about advertised discounts, many deductions do not apply to the overall cost of the policy. Some only reduce individual premiums such as medical payments or collision. So even though they make it sound like all the discounts add up to a free policy, you won’t be that lucky.

Companies who might offer some of the above discounts are:

Double check with all companies you are considering which discounts you may be entitled to. All car insurance discounts might not apply in every state.

How do I know if I need professional advice?

When it comes to choosing adequate coverage, there isn’t really a perfect coverage plan. Everyone’s needs are different and your policy should reflect that. For instance, these questions can help discover whether or not you might need an agent’s assistance.

  • How does medical payments coverage work?
  • When should I buy a commercial auto policy?
  • Exactly who is provided coverage by my policy?
  • Do all my vehicles need collision coverage?
  • Where can I get insurance after a DUI in my state?
  • When does my teenage driver need to be added to my policy?

If it’s difficult to answer those questions then you might want to talk to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier

Coverages available on your car insurance policy

Having a good grasp of your car insurance policy aids in choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverage types offered by car insurance companies.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP reimburse you for bills like pain medications, surgery, doctor visits, prosthetic devices and X-ray expenses. They are often used in conjunction with a health insurance program or if you lack health insurance entirely. They cover all vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Liability coverage

Liability insurance protects you from damages or injuries you inflict on people or other property in an accident. This insurance protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability can pay for things such as medical services, medical expenses, repair bills for other people’s vehicles and bail bonds. How much coverage you buy is up to you, but consider buying as much as you can afford.

Collision insurance

Collision coverage covers damage to your 500 resulting from a collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like driving through your garage door, sideswiping another vehicle, crashing into a ditch and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Comprehensive auto coverage

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like falling objects, vandalism, a tree branch falling on your vehicle and damage from a tornado or hurricane. The most your car insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Smart consumers save more

When shopping online for insurance, it’s not a good idea to reduce needed coverages to save money. In many cases, consumers will sacrifice physical damage coverage only to discover later they didn’t purchase enough coverage. Your goal should be to purchase a proper amount of coverage at an affordable rate while still protecting your assets.

You just learned a lot of information how to reduce 2014 FIAT 500 insurance prices online. The most important thing to understand is the more you quote, the higher your chance of finding lower rates. Consumers could even find that the best price on insurance is with a company that doesn’t do a lot of advertising. Regional companies can often provide lower rates in certain areas than their larger competitors like Allstate, Geico and Progressive.

More detailed insurance information can be found at these sites: