2012 FIAT 500 Insurance Cost – 6 Tips for Best Prices

Trying to find the cheapest insurance for a FIAT 500 could be difficult, but you can learn the following methods to save time. There are more efficient ways to find auto insurance online and you need to know the absolute fastest way to price shop coverage on a FIAT and get the best price possible from both online companies and local agents.

How to Compare Insurance Coverage Costs

Effectively comparing insurance coverage prices can be exhausting if you don’t know the fastest way to get free quotes. You can spend countless hours talking to insurance agencies in your area, or you could use online quotes to get prices fast.

Most of the larger companies take part in a program where insurance shoppers submit their information once, and every company can provide price quotes. This prevents consumers from doing form submissions for every insurance coverage company.

To find out what other companies charge for 2012 FIAT 500 insurance click here to start a free quote.

One minor caviat to pricing coverage this way is that you can’t choose which insurance companies to get quotes from. If you would rather choose specific providers to compare, we have assembled a list of insurance coverage companies in your area. View list of insurance companies.

It’s up to you which method you use, but ensure you are comparing apples-to-apples coverages with every price quote. If you use unequal deductibles or liability limits it will be next to impossible to determine which rate is truly the best.

Are you getting all your discounts?

Car insurance companies don’t always list every available discount in a way that’s easy to find, so the following is a list of both well-publicized and also the lesser-known insurance savings. If you aren’t receiving every discount available, you’re paying more than you need to.

  • Life Insurance – Companies who offer life insurance give a discount if you purchase life insurance.
  • Passive Restraints – Vehicles with factory air bags can get savings of more than 20%.
  • Use Seat Belts – Buckling up and requiring all passengers to use a seat belt can save 10% or more off your medical payments premium.
  • Own a Home – Owning a home can help you save on insurance because of the fact that having a home is proof that your finances are in order.
  • Resident Student – Youth drivers living away from home attending college without a vehicle on campus can receive lower rates.
  • Employee of Federal Government – Employees or retirees of the government can save as much as 8% for 500 insurance depending on your company.

Drivers should understand that many deductions do not apply to your bottom line cost. The majority will only reduce individual premiums such as liability and collision coverage. So despite the fact that it appears having all the discounts means you get insurance for free, you’re out of luck.

For a list of insurance companies offering insurance discounts, follow this link.

Tailor your coverage to you

When choosing proper insurance coverage, there isn’t really a cookie cutter policy. Every situation is different.

For instance, these questions may help highlight if your situation might need an agent’s assistance.

  • Can I pay claims out-of-pocket if I buy high deductibles?
  • How can I get high-risk coverage after a DUI?
  • Which companies will insure high-risk drivers?
  • Why do I need rental car insurance?
  • Will filing a claim cost me more?
  • Does my policy cover my teen driver if they drive my company car?
  • Do all my vehicles need collision coverage?

If you can’t answer these questions but a few of them apply then you might want to talk to an insurance agent. To find an agent in your area, complete this form. It only takes a few minutes and may give you better protection.

Car insurance coverage information

Having a good grasp of a auto insurance policy can be of help when determining the right coverages for your vehicles. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage gives you protection from other motorists when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your FIAT 500.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Auto liability

Liability coverage protects you from damages or injuries you inflict on people or other property by causing an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 50/100/50 that means you have $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability can pay for things such as loss of income, structural damage and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Collision coverage

Collision insurance pays for damage to your 500 from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for claims such as colliding with another moving vehicle, damaging your car on a curb, hitting a mailbox and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. It’s also possible to bump up the deductible to bring the cost down.

Comprehensive insurance

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as falling objects, theft, fire damage, hitting a bird and damage from a tornado or hurricane. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage reimburse you for short-term medical expenses like X-ray expenses, ambulance fees, hospital visits, chiropractic care and rehabilitation expenses. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and may carry a deductible

A tidy conclusion

As you restructure your insurance plan, it’s very important that you do not reduce coverage to reduce premium. In many cases, an insured cut liability coverage limits only to find out that they should have had better coverage. Your focus should be to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.

We just presented many tips how you can compare 2012 FIAT 500 insurance prices online. It’s most important to understand that the more rate comparisons you have, the higher the chance of saving money. You may even discover the most savings is with a small local company.

Discount insurance is available online as well as from independent agents, so you should compare both to have the best chance of lowering rates. Some companies don’t offer online quoting and most of the time these regional insurance providers sell through independent agents.

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