Cheaper 2012 FIAT 500 Insurance Quotes

Searching for lower insurance coverage rates for your FIAT 500? Are you a victim of high-priced insurance coverage? Trust us, many consumers feel financially strained by their insurance coverage policy. Drivers have so many insurers to buy insurance from, and although it’s a good thing to have a choice, it can be more challenging to adequately compare rates.

Pay less by taking advantage of discounts

Companies that sell car insurance do not list every discount in a way that’s easy to find, so the following is a list of some of the more common as well as the least known ways to save on insurance. If you aren’t receiving every discount you qualify for, you’re paying more than you need to.

  • Braking Control Discount – Vehicles with anti-lock braking systems can reduce accidents and earn discounts up to 10%.
  • Payment Method – If you pay your entire premium ahead of time instead of monthly or quarterly installments you can actually save on your bill.
  • Military Discounts – Being deployed with a military unit could be rewarded with lower premiums.
  • Anti-theft System – Vehicles with anti-theft systems help deter theft and will save you 10% or more.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to take driver’s ed class if it’s offered in school.
  • Accident Forgiveness – A handful of insurance companies will forgive one accident before raising your premiums if your claims history is clear prior to the accident.
  • No Claims – Good drivers with no accidents can save substantially when compared to accident-prone drivers.

Keep in mind that most discounts do not apply to your bottom line cost. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. So despite the fact that it appears you could get a free insurance policy, insurance companies aren’t that generous.

For a list of insurers offering insurance discounts, click here to view.

Cheap Insurance Comparisons

Shopping for lower insurance rates is a ton of work if you don’t understand the fastest way to get free quotes. You can waste a lot of time talking about coverages with agents in your area, or you could save time and use the internet to maximize your effort.

Most of the best insurance companies belong to an insurance system that allows shoppers to only type in their quote data once, and at least one company returns a competitive quote based on that information. This prevents consumers from doing repetitive form submissions to each company.

To get comparison pricing now click to open in new window.

One minor caviat to pricing coverage this way is you don’t know exactly which providers you want to price. So if you prefer to choose specific insurance companies for rate comparison, we put together a list of insurance companies in your area. Click here for list of insurance companies.

It’s your choice how you get your quotes, but ensure you’re using apples-to-apples quote information with every price quote. If you are comparing different liability limits it will be impossible to decipher which rate is best.

Your FIAT 500 insurance rate is a complex equation

It’s important that you understand some of the elements that come into play when calculating car insurance rates. When you know what positively or negatively impacts premium levels allows you to make educated decisions that could result in big savings.

  • You might want pay the small claims yourself – Insurance companies provide better rates to people who file claims infrequently. If you file claims often, you can pretty much guarantee higher rates. Your insurance policy is intended to be relied upon for larger claims.
  • Where do you drive? – The higher the mileage driven each year the higher your rates will be. The majority of insurers apply a rate based upon how you use the vehicle. Cars that are left in the garage get more affordable rates than vehicles that are driven to work every day. Improper usage on your 500 may be costing you. Verify your car insurance declarations sheet is rated on the correct usage for each vehicle.
  • Do you qualify for a multi-policy discount? – The majority of companies will award you with lower prices to policyholders who have multiple policies with them, otherwise known as a multi-policy discount. Even though this discount sounds good, it’s in your best interest to comparison shop to make sure you are getting the best deal.
  • Do you know you’re credit rating? – A driver’s credit score is a large factor in determining your rates. If your credit is lower than you’d like, you could save money insuring your 2012 FIAT 500 by repairing your credit. People with excellent credit tend to be more responsible than drivers with poor credit.
  • Your car’s features help determine rates – Owning a car with a theft deterrent system can help lower your rates. Theft prevention devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent car theft.
  • Extra add-on coverages are wasting money – There are many extra coverages that you can get tricked into buying on your 500 policy. Things like personal injury protection, accidental death and motor club memberships may be costing you every month. They may seem like a good idea at first, but if you don’t need them remove them from your policy.
  • Traffic citations inflate rates – Drivers with clean records get better rates than their less careful counterparts. Just one citation may increase your cost twenty percent or more. Drivers with dangerous tickets such as hit and run, DWI or reckless driving convictions are required to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to prevent a license revocation.

Your coverage should be tailored to you

When it comes to choosing the right insurance coverage, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. Here are some questions about coverages that might point out whether your personal situation would benefit from an agent’s advice.

  • Are all vehicle passengers covered by medical payments coverage?
  • When should I not file a claim?
  • Do I need motorclub coverage?
  • Am I getting all the discounts available?
  • Why is insurance for a teen driver so high?
  • What is no-fault insurance?
  • Is a blown tire covered by insurance?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier It only takes a few minutes and can help protect your family.

Car insurance coverage specifics

Knowing the specifics of a car insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and reading a policy is terribly boring. Below you’ll find typical coverages available from car insurance companies.

Liability auto insurance

Liability coverage protects you from injuries or damage you cause to other’s property or people that is your fault. It protects you from legal claims by others. Liability doesn’t 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. You commonly see policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for claims such as court costs, attorney fees, bail bonds, emergency aid and legal defense fees. The amount of liability coverage you purchase is your choice, but consider buying as large an amount as possible.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your FIAT 500.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

Comprehensive car insurance

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like theft, damage from getting keyed, vandalism, fire damage and damage from flooding. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for things like EMT expenses, rehabilitation expenses and ambulance fees. They are often used to fill the gap from your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover all vehicle 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

Collision protection

Collision insurance covers damage to your 500 caused by collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision can pay for things such as hitting a parking meter, backing into a parked car, driving through your garage door and colliding with another moving vehicle. This coverage can be expensive, so consider removing coverage from older vehicles. It’s also possible to increase the deductible to save money on collision insurance.

Be a Smart Shopper

We’ve covered a lot of ways to reduce 2012 FIAT 500 insurance prices online. The key concept to understand is the more price quotes you have, the better chance you’ll have of finding lower rates. Consumers could even find that the lowest rates come from an unexpected company. These companies can often insure niche markets at a lower cost than their larger competitors like Allstate, Geico and Progressive.

Budget-conscious insurance is attainable both online as well as from independent agents, so compare prices from both to get a complete price analysis. Some insurance companies don’t offer you the ability to get quotes online and most of the time these smaller companies sell through independent agents.

To learn more, link through to the following helpful articles: