2015 FIAT 500L Insurance Cost – 9 Ideas for Cheaper Prices

Searching for better insurance coverage rates? Consumers have many options when looking for the lowest priced FIAT 500L insurance. You can either spend your time calling around getting price quotes or utilize the internet to compare rates. There are more efficient ways to shop for insurance coverage so you’re going to learn the proper way to get price quotes on a FIAT and obtain the lowest possible price from both online companies and local agents.

Cut your premium with these nine discounts

Auto insurance companies do not list all available discounts in an easy-to-find place, so we researched both well-publicized and the more hidden discounts you could be receiving. If they aren’t giving you every credit you deserve, you are paying more than you should be.

  • Multiple Vehicles – Having multiple vehicles on one policy may reduce the rate for each vehicle.
  • Payment Method – If paying your policy premium upfront instead of monthly or quarterly installments you may reduce your total bill.
  • Low Mileage – Low mileage vehicles could qualify for better rates on cars that stay parked.
  • Safe Driver Discount – Insureds without accidents can get discounts for up to 45% lower rates for 500L insurance than drivers with accidents.
  • Homeowners Discount – Simply owning a home can save you money due to the fact that maintaining a home demonstrates responsibility.
  • Sign Early and Save – Some insurance companies reward drivers for signing up before your current expiration date. It can save you around 10%.
  • No Claims – Good drivers with no accidents pay much less compared to frequent claim filers.
  • Passive Restraint Discount – Vehicles equipped with air bags may earn rate discounts of more than 20%.
  • Clubs and Organizations – Being a member of a qualifying organization could trigger savings when shopping for car insurance for 500L insurance.

As a disclaimer on discounts, most credits do not apply the the whole policy. The majority will only reduce the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like adding up those discounts means a free policy, it just doesn’t work that way.

To see a list of insurance companies who offer car insurance discounts, click this link.

The car insurance bait and switch

Consumers constantly see and hear ads for car insurance savings from companies such as State Farm and Allstate. All the companies make the same claim about savings if you move your policy.

How can each company claim to save you money?

All companies are able to cherry pick for the type of customer that is profitable for them. For instance, a driver they prefer might be profiled as between the ages of 30 and 50, has no prior claims, and has a short commute. Any new insured who meets those qualifications is entitled to the best price and is almost guaranteed to save when they switch companies.

Potential insureds who don’t measure up to this ideal profile must pay higher premiums which usually ends up with business going elsewhere. The ads state “customers that switch” not “everybody who quotes” save money. That’s why companies can truthfully claim big savings. This illustrates why you absolutely need to get quotes from several different companies. It is impossible to predict which company will give you the biggest savings on FIAT 500L insurance.

What is the best insurance coverage?

When buying coverage, there really is no “perfect” insurance plan. Each situation is unique.

Here are some questions about coverages that may help highlight if your insurance needs may require specific advice.

  • What should my uninsured motorist coverage limits be in my state?
  • Is there coverage for injuries to my pets?
  • If my 2015 FIAT 500L is totaled, can I afford another vehicle?
  • Can my babysitter drive my car?
  • Do I need replacement cost coverage?
  • Why does it cost so much to insure a teen driver?
  • Am I covered when driving someone else’s vehicle?

If you can’t answer these questions but a few of them apply then you might want to talk to an agent. If you don’t have a local agent, complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Specific coverages for a FIAT 500L

Learning about specific coverages of your insurance policy can help you determine the best coverages and the correct deductibles and limits. The terms used in a policy can be confusing and coverage can change by endorsement.

Auto liability

Liability insurance will cover damage that occurs to a person or their property in an accident. It protects YOU from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability coverage protects against things like funeral expenses, loss of income and medical expenses. How much liability coverage do you need? That is your choice, but you should buy higher limits if possible.

Comprehensive protection

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

Comprehensive coverage protects against things such as hitting a bird, damage from getting keyed, rock chips in glass, hail damage and theft. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as prosthetic devices, surgery and funeral costs. They are often used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers both the driver and occupants and also covers being hit by a car walking across the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Collision insurance

Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as hitting a mailbox, rolling your car, crashing into a building and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Drivers also have the option to increase the deductible to bring the cost down.

Uninsured or underinsured coverage

Your UM/UIM coverage provides protection from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your 2015 FIAT 500L.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

A penny earned…

We just presented a lot of techniques to reduce 2015 FIAT 500L insurance prices online. The key concept to understand is the more you quote, the better your chances of lowering your rates. Drivers may discover the lowest rates come from a lesser-known regional company.

Cost effective insurance is attainable from both online companies in addition to many insurance agents, so compare prices from both in order to have the best price selection to choose from. Some insurance companies do not provide the ability to get a quote online and usually these small, regional companies provide coverage only through local independent agents.

Consumers who switch companies do it for a number of reasons such as lack of trust in their agent, being labeled a high risk driver, denial of a claim or extreme rates for teen drivers. Regardless of your reason for switching companies, choosing a new insurance company is actually quite simple.

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