2017 FIAT 500L Car Insurance Rates – 5 Savings Tips

Wish you could get out of an expensive insurance coverage policy? Don’t sweat it because you are not the only one feeling buyer’s remorse. You have multiple insurers to pick from, and even though it’s nice to have multiple companies, it makes it harder to adequately compare rates.

Take these five policy discounts and save

Companies offering auto insurance do not advertise the complete list of policy discounts in an easy-to-find place, so the following is a list of some of the more common as well as some of the hidden credits available to bring down your rates.

  • Government Employee Discount – Federal government employees may qualify for a discount when you quote insurance for 500L insurance with certain companies.
  • Clubs and Organizations – Being in a qualifying organization may earn a discount on your next renewal.
  • Seat Belts Save more than Lives – Drivers who require all occupants to buckle up before driving could cut 10% or more on the medical payments or PIP coverage costs.
  • Student Discount for Driver Training – Cut your cost by having your teen driver enroll in driver’s education if offered at their school.
  • Accident Free – Drivers with accident-free driving histories pay less compared to bad drivers.

It’s important to note that most discount credits are not given to the entire policy premium. Most cut the price of certain insurance coverages like comp or med pay. So when the math indicates you can get free auto insurance, insurance companies aren’t that generous.

A few of the larger companies and their possible discounts can be found below.

  • State Farm policyholders can earn discounts including good driver, multiple policy, Steer Clear safe driver discount, student away at school, passive restraint, driver’s education, and good student.
  • Farmers Insurance offers discounts including multi-car, early shopping, youthful driver, distant student, and alternative fuel.
  • Geico has discounts for emergency military deployment, five-year accident-free, daytime running lights, seat belt use, and multi-vehicle.
  • American Family discounts include TimeAway discount, air bags, good driver, mySafetyValet, and Steer into Savings.
  • Nationwide offers discounts for defensive driving, anti-theft, family plan, good student, and Farm Bureau membership.
  • Progressive includes discounts for online quote discount, continuous coverage, good student, online signing, multi-vehicle, and multi-policy.

Double check with all companies you are considering what discounts are available to you. Some discounts might not apply in your state. For a list of insurance companies that offer discounts, click here to view.

Which policy gives me the best coverage?

When it comes to choosing adequate coverage for your personal vehicles, there really is not a cookie cutter policy. Everyone’s situation is a little different so your insurance should reflect that For example, these questions can help discover whether you may require specific advice.

  • When should I buy a commercial auto policy?
  • Can I make deliveries for my home business?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Are rental cars covered under my policy?
  • What vehicles should carry emergency assistance coverage?
  • What is the minimum liability in my state?
  • Is a new car covered when I drive it off the dealer lot?
  • Who is covered when they drive my 2017 FIAT 500L?
  • When should I not file a claim?
  • Do I benefit by insuring my home with the same company?

If you’re not sure about those questions but you know they apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier It only takes a few minutes and you can get the answers you need.

Are insurance companies telling the truth?

Drivers get pounded daily by advertisements for insurance savings from companies such as State Farm and Allstate. All the companies advertise the message that you can save just by switching to their company.

How do they all charge less that you’re paying now? Just pay attention to how they say it.

Insurance companies are able to cherry pick for the driver that earns them a profit. An example of this type of driver should be between 25 and 40, is a homeowner, and chooses high deductibles. Any new insured who matches those parameters will get very good premium rates as well as save a lot if they switch.

Drivers who are not a match for the ideal profile will have to pay higher prices and the prospect going elsewhere. The trick is to say “drivers that switch” but not “everyone who gets a quote” save the amount stated. This is how companies can make it sound like they have such great car insurance rates.

Because of this risk profiling, it’s extremely important to do a quote comparison often. It’s just too difficult to predict which insurance company will have the lowest rates for your situation.

Insurance coverages explained

Knowing the specifics of your policy helps when choosing which coverages you need for your vehicles. Insurance terms can be impossible to understand and reading a policy is terribly boring. Listed below are typical coverage types found on most insurance policies.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your FIAT 500L.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Usually the UM/UIM limits do not exceed the liability coverage limits.

Coverage for medical payments

Coverage for medical payments and/or PIP reimburse you for expenses like EMT expenses, dental work, prosthetic devices, nursing services and doctor visits. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Collision protection

Collision insurance will pay to fix damage to your 500L resulting from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like colliding with another moving vehicle, crashing into a ditch and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to save money on collision insurance.

Liability coverages

Liability coverage will cover damages or injuries you inflict on other people or property in an accident. This coverage protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as funeral expenses, repair costs for stationary objects, emergency aid, legal defense fees and court costs. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive coverages

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as a broken windshield, fire damage, theft, a tree branch falling on your vehicle and damage from getting keyed. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

One last thing

Throughout this article, we presented some good ideas how you can shop for 2017 FIAT 500L insurance online. The most important thing to understand is the more quotes you get, the more likely it is that you will get a better rate. Consumers could even find that the lowest priced insurance coverage comes from a lesser-known regional company. These smaller insurers can often provide lower prices in certain areas than the large multi-state companies such as State Farm and Allstate.

When shopping online for insurance coverage, never reduce needed coverages to save money. There are too many instances where drivers have reduced full coverage only to regret they didn’t purchase enough coverage. Your focus should be to buy enough coverage at the best possible price while still protecting your assets.

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