Compare 2014 FIAT 500e Car Insurance Rates

Buyers have many options when searching for the best price on FIAT 500e insurance. They can either waste time driving around getting price quotes or utilize the internet to find the lowest rates.

There are both good and bad ways to compare car insurance rates so we’re going to tell you the absolute fastest way to price shop coverage for your FIAT and obtain the best price possible either online or from local insurance agents.

It’s a great practice to check car insurance prices on a regular basis since rates tend to go up over time. Just because you found the best rates on 500e coverage a year ago the chances are good that you can find a lower rate today. So just block out anything you think you know about car insurance because you’re going to learn the easiest way to remove unneeded coverages and save money.

Save with discounts on FIAT 500e insurance

Insurance can cost an arm and a leg, but there could be available discounts that you may not know about. Larger premium reductions will be automatically applied when you complete an application, but a few need to be specifically requested before you will receive the discount. If you’re not getting every credit you qualify for, you’re just leaving money on the table.

  • Passive Restraints and Air Bags – Cars that have air bags or automatic seat belts may earn rate discounts up to 30%.
  • Drivers Ed for Students – Have your child complete a driver education course if it’s offered in school.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles can reduce accidents and will save you 10% or more.
  • Discounts for Safe Drivers – Insureds without accidents may save up to 50% more on 500e coverage than less cautious drivers.
  • Homeowners Pay Less – Simply owning a home may earn you a small savings because of the fact that having a home is proof that your finances are in order.
  • Sign Early and Save – Some companies give discounts for buying a policy before your current policy expires. It can save you around 10%.

Drivers should understand that most discount credits are not given to your bottom line cost. Most only cut individual premiums such as physical damage coverage or medical payments. So when the math indicates you would end up receiving a 100% discount, you won’t be that lucky. But any discount will cut your premiums.

Car insurance companies that may have these benefits include:

Check with each company which discounts you may be entitled to. Some discounts might not be offered in every state.

Parts of the FIAT 500e rate equation

Consumers need to have an understanding of some of the elements that come into play when calculating your car insurance rates. Understanding what controls the rates you pay empowers consumers to make smart changes that may reward you with big savings.

The list below includes a partial list of the pieces used by your company to calculate rates.

  • Women pay lower rates – Statistics have proven women are more cautious behind the wheel. However, this does not mean men are WORSE drivers than women. Men and women cause accidents at a similar rate, but the men have costlier accidents. Men also statistically get cited for more serious violations like reckless driving and DUI. Young males are several times more likely to be in an accident and therefore have the most expensive car insurance rates.
  • Your location affects your rates – Living in a small town can save you money when buying car insurance. Fewer people means fewer accidents as well as less vandalism and auto theft. Urban drivers tend to have traffic congestion and a longer drive to work. Longer commute distances means higher likelihood of an accident.
  • Too many car insurance claims drive up costs – Insurance companies give lower rates to drivers who file claims infrequently. If you file claims often, you can pretty much guarantee higher rates. Car insurance is designed for larger claims.
  • High credit ratings translate to low rates – Having a bad credit history is a huge factor in your rate calculation. Therefore, if your credit history is not that good, you could pay less to insure your 2014 FIAT 500e by repairing your credit. Drivers who have high credit ratings tend to be better drivers and file fewer claims than drivers with lower credit scores.
  • Multi-policy discounts can save money – Most companies provide better rates to insureds who have multiple policies with them in the form of a multi-policy discount. Even if you’re getting this discount it’s in your best interest to compare other company rates to confirm you are receiving the best rates possible. You may still be able to find better rates by insuring with multiple companies.
  • Rates may be lower depending on your job – Did you know your car insurance rates can be affected by your occupation? Occupations such as real estate brokers, executives and stock brokers tend to have the highest rates because of job stress and long work days. On the other hand, occupations such as farmers, students and homemakers receive lower rates on 500e coverage.
  • Equipment add-ons that lower car insurance rates – Choosing a vehicle with a theft deterrent system can help bring down rates. Anti-theft features like GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart car theft.
  • Never go without insurance – Having an insurance coverage lapse will be a quick way to trigger a rate increase. Not only will you pay more, but being ticketed for driving with no insurance might get you a license revocation or jail time.You may then be required to submit proof of financial responsibility or a SR-22 with your state DMV.

Tailor your coverage to you

When buying the right insurance coverage for your vehicles, there really is not a perfect coverage plan. Each situation is unique.

These are some specific questions can help discover whether your personal situation would benefit from an agent’s advice.

  • Does insurance cover damages from a DUI accident?
  • What if I total my 2014 FIAT 500e and owe more than it’s worth?
  • What are the financial responsibility laws in my state?
  • What should my uninsured motorist coverage limits be in my state?
  • What is the rate difference between pleasure use and commuting?
  • Is rental equipment covered for theft or damage?
  • Should I drop comprehensive coverage on older vehicles?
  • Should I put collision coverage on all my vehicles?
  • Does having multiple vehicles earn me a discount?
  • Should I buy additional glass protection?

If it’s difficult to answer those questions, you may need to chat with an agent. If you don’t have a local agent, complete this form. It is quick, free and you can get the answers you need.

Auto insurance coverages

Knowing the specifics of your insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. Insurance terms can be ambiguous and reading a policy is terribly boring.

Auto collision coverage

This coverage covers damage to your 500e resulting from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like backing into a parked car, colliding with a tree, scraping a guard rail, crashing into a building and hitting a mailbox. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Liability coverages

This can cover injuries or damage you cause to other’s property or people in an accident. This coverage protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 100/300/100 which means $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see a combined limit which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for claims such as emergency aid, repair bills for other people’s vehicles, court costs and medical services. How much liability should you purchase? That is up to you, but consider buying as much as you can afford.

Comprehensive coverage

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

Comprehensive can pay for claims such as hail damage, a broken windshield, hitting a deer, damage from flooding and damage from getting keyed. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist coverage

This provides protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Frequently these limits are identical to your policy’s liability coverage.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as surgery, doctor visits and X-ray expenses. The coverages can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Knowledge is power

We’ve covered quite a bit of information on how to get a better price on 2014 FIAT 500e insurance. It’s most important to understand that the more price quotes you have, the higher your chance of finding lower rates. Consumers could even find that the lowest rates come from a lesser-known regional company.

Discount insurance can be bought from both online companies in addition to many insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some insurance companies do not provide online price quotes and usually these small, regional companies provide coverage only through local independent agents.

Insureds switch companies for a variety of reasons including policy non-renewal, unfair underwriting practices, extreme rates for teen drivers or even being labeled a high risk driver. It doesn’t matter what your reason, choosing a new company can be less work than you think.

Helpful information