2016 FIAT 500e Car Insurance Quotes – 7 Savings Tips

Are you regretting buying high-priced insurance? Say no more because many drivers feel the same as you.

Companies like State Farm, Progressive and Geico continually hit you with advertising and it can be hard to avoid their marketing magic and do the work needed to find the best deal.

Consumers should take time to do price comparisons on a regular basis due to the fact that insurance rates are variable and change quite frequently. Even if you got the lowest premium rates for 500e coverage a few years ago you can probably find a better price now. Forget all the misinformation about insurance because you’re going to get a crash course in the quickest way to lower your annual insurance bill.

Seven discounts for cheap insurance quotes

Some companies do not advertise all their discounts in an easy-to-find place, so we took the time to find a few of the more well known as well as the least known credits that may apply to you.

  • Driver Safety – Passing a class that teaches driver safety techniques can save you 5% or more if you qualify.
  • Claim Free – Good drivers with no accidents are rewarded with significantly better rates on auto insurance quote in comparison to insureds who have frequent claims or accidents.
  • Passive Restraints – Vehicles equipped with air bags or motorized seat belts could see savings of 20% or more.
  • Senior Citizen Discount – Mature drivers are able to get a small decrease in premiums for 500e coverage.
  • Sign Early and Save – Select larger companies give a discount for switching to them before your current coverage expires. This discount can save up to 10%.
  • Theft Deterent System – Cars with anti-theft systems help deter theft and will qualify for a discount on a auto insurance quote.
  • More Vehicles More Savings – Insuring multiple vehicles on one policy can reduce rates for all insured vehicles.

Don’t be surprised that most credits do not apply to your bottom line cost. Some only apply to specific coverage prices like comp or med pay. Even though it may seem like having all the discounts means you get insurance for free, that’s just not realistic.

A few companies that may offer quotes with most of the discounts above possibly include:

Before purchasing a policy, check with all companies you are considering how many discounts you can get. Depending on the company, some discounts might not be available to policyholders in your area.

You may need specialized auto insurance coverage

When choosing coverage, there is no cookie cutter policy. Everyone’s needs are different and your policy should reflect that. For instance, these questions may help you determine if your insurance needs would benefit from professional advice.

  • Why am I required to buy liability insurance?
  • Does my policy pay for OEM or aftermarket parts?
  • Are my friends covered when driving my 2016 FIAT 500e?
  • What are the financial responsibility laws in my state?
  • Does liability extend to a camper or trailer?
  • Exactly who is provided coverage by my policy?
  • How high should deductibles be on a 2016 FIAT 500e?
  • Why am I required to buy high-risk coverage?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area.

Car insurance coverages 101

Understanding the coverages of your car insurance policy aids in choosing the best coverages and the correct deductibles and limits. Car insurance terms can be confusing and even agents have difficulty translating policy wording. These are the normal coverages offered by car insurance companies.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for things like hospital visits, funeral costs and X-ray expenses. They are often used to fill the gap from your health insurance program or if you do not have health coverage. They cover you and your occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage (or Other than Collision)

This coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as rock chips in glass, hitting a deer and fire damage. The highest amount your car insurance company will pay is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision protection

Collision coverage pays to fix your vehicle from damage from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as backing into a parked car, crashing into a ditch and driving through your garage door. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Liability

Liability coverage protects you from damages or injuries you inflict on people or other property that is your fault. It protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Alternatively, you may have a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims such as structural damage, medical services, legal defense fees and pain and suffering. How much liability coverage do you need? That is a decision to put some thought into, but buy as large an amount as possible.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your FIAT 500e.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Saving money makes a lot of cents

As you shop your coverage around, you should never reduce needed coverages to save money. There have been many situations where an accident victim reduced comprehensive coverage or liability limits only to regret that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to buy a smart amount of coverage for the lowest cost but still have enough coverage for asset protection.

We just covered many ideas to get a better price on 2016 FIAT 500e insurance. The most important thing to understand is the more price quotes you have, the higher your chance of finding inexpensive auto insurance. You may even find the lowest premium rates are with a small mutual company. These smaller insurers can often insure niche markets at a lower cost as compared to the big name companies such as Allstate or State Farm.

Much more information about insurance is available at these links: