Save on 2012 FIAT 500 Insurance Quotes

Saving money on insurance coverage is always hard for drivers not familiar with online rate comparisons. You have so many different companies and agents to choose from that it can easily be a ton of work to compare prices.

You should take the time to compare prices before your policy renews since rates trend upward over time. Just because you had the best premium rates on 500 coverage on your last policy you will most likely find a better price today. You can search a lot of insurance coverage out there, but we’re going to give you some great ways to buy insurance coverage cheaper.

Low cost insurance quotes

Performing a rate comparison can be exhausting if you don’t utilize the best way to get rate quotes. You could spend your day talking to insurance companies in your area, or you could save time and use the internet to get rates in a matter of minutes.

Most of the larger companies take part in a program where insurance shoppers enter their coverage request one time, and each company can provide price quotes determined by their information. This system prevents you from having to do quotation requests for each company you want a rate for.

To fill out one form to compare multiple rates now click here to start a free quote.

The single downside to using this type of form is buyers cannot specifically choose which carriers you will receive quotes from. If you would rather choose specific providers to receive pricing from, we have a page of low cost insurance companies in your area. Click here to view list.

It’s up to you which method you use, but make absolute certain that you use apples-to-apples information with each company. If you are comparing different liability limits you will not be able to decipher which rate is best. Slightly different insurance coverages or limits can result in a big premium difference. It’s important to know that more quotes gives you a better chance of getting the best rates.

Truth in insurance coverage advertising

Companies like Progressive, Allstate and GEICO regularly use ads on television and other media. All the companies make an identical promise about how much you will save if you switch your policy. But how can every company offer drivers better rates? It’s all in how they say it.

All the different companies have a preferred profile for the type of driver that makes them money. For example, a profitable risk profile might have to be over the age of 50, has had continuous coverage, and drives a safe vehicle. Any new insured that hits that “sweet spot” will qualify for the lowest prices and will probably pay quite a bit less when switching companies.

Potential customers who don’t qualify for the “perfect” profile will probably be forced to pay more expensive rates which results in the customer buying from a different company. The trick is to say “people that switch” not “everybody who quotes” save that much. That is how insurance companies can make it sound like they have such great prices.

This emphasizes why drivers must compare price quotes frequently. Because you cannot predict which insurance companies will have better premium rates than you’re paying now.

What determines FIAT 500 insurance rates?

Lots of factors are part of the equation when you get your auto insurance bill. A few of the factors are predictable such as your driving record, but some are more transparent like your continuous coverage or how safe your car is.The best way to find cheaper auto insurance is to take a look at the different types of things that aid in calculating your auto insurance rates. If you know what impacts premium levels, this helps enable you to make changes that may reward you with lower auto insurance prices.

Shown below are some of the things that factor into rates.

  • Amount of liability coverage – Liability insurance is the protection in the event that you are found liable for damages caused by your negligence. It provides for a legal defense starting from day one. This coverage is relatively inexpensive compared to other policy coverages, so do not cut corners here.
  • Extra coverages can cost a lot – There are a ton of extra add-on coverages that sound like a good idea at the time if you aren’t careful. Insurance for things like vanishing deductibles, towing coverage, and extra life insurance coverage may be costing you every month. They may seem good initially, but your money might be better spent on other coverage so remove them from your policy.
  • Careless drivers pay higher rates – Having just one speeding ticket may increase your cost by as much as twenty percent. Careful drivers pay less for auto insurance than their less careful counterparts. Drivers who have license-revoking violations like DUI, reckless driving or excessive speeding may face state-mandated requirements to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to drive a vehicle legally.
  • Advanced GPS tracking and theft deterrents – Driving a car that has a built-in theft deterrent system can save you some money. Theft deterrent systems like GM’s OnStar, tamper alarm systems and vehicle immobilizers all help prevent auto theft.
  • High stress occupation may mean higher prices – Did you know that where you work can have an impact on rates? Occupational choices like real estate brokersairline pilots and miners have higher average rates in part from high stress levels and long work hours. Other careers such as scientists, engineers and homemakers generally pay rates lower than average on 500 coverage.
  • Being married brings a discount – Your spouse may save some money on your auto insurance bill. Having a spouse means you’re more financially stable it has been statistically shown that married drivers tend to file fewer claims.
  • Rural areas have lower prices – Being located in small towns and rural areas is a positive aspect when trying to find low car insurance rates. Residents of big cities tend to have more aggressive driving styles and longer commutes to work. Fewer drivers and short commutes means less chance of accidents in addition to lower liability claims
  • Premiums drop with age – Inexperience drivers are known to be more careless when at the wheel of a vehicle so they pay higher auto insurance rates. Older people are more cautious drivers, tend to cause fewer accidents and receive fewer citations.

Discounts for affordable car insurance rates

Insuring your vehicles can cost a lot, but there are discounts available that could drop your premiums quite a bit. A few discounts will automatically apply at the time you complete a quote, but some discounts are required to be asked about before you get the savings.

  • College Student Discount – Older children who live away from home to go to college without a vehicle on campus may qualify for this discount.
  • Military Deployment Discount – Having an actively deployed family member could trigger a small discount.
  • Life Insurance – Larger car insurance companies have lower rates if you buy life insurance.
  • Senior Discount – Drivers over the age of 55 are able to get better car insurance rates on 500 coverage.
  • Pay Early and Save – If you pay your bill all at once rather than spreading payments over time you can avoid monthly service charges.
  • Passive Restraint Discount – Cars that have air bags or automatic seat belts could see savings of 25 to 30%.

As a sidenote, most discount credits are not given to all coverage premiums. Some only apply to individual premiums such as medical payments or collision. Even though the math looks like it’s possible to get free car insurance, you aren’t that lucky.

To find providers who offer free car insurance quotes, click here to view.

You may need specialized insurance coverage

When choosing adequate coverage, there is no single plan that fits everyone. Every insured’s situation is different.

For instance, these questions might help in determining whether or not you will benefit from professional help.

  • Do I really need UM/UIM coverage?
  • Do I have coverage when pulling a U-Haul trailer?
  • Are all vehicle passengers covered by medical payments coverage?
  • Do I need an umbrella policy?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Do I need more liability coverage?

If you can’t answer these questions but a few of them apply, you might consider talking to an insurance agent. To find lower rates from a local agent, complete this form.

Insurance policy specifics

Learning about specific coverages of your insurance policy can help you determine the best coverages at the best deductibles and correct limits. Insurance terms can be confusing and even agents have difficulty translating policy wording.

Insurance for medical payments

Med pay and PIP coverage pay for immediate expenses such as hospital visits, prosthetic devices, nursing services, ambulance fees and X-ray expenses. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. It covers all vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not available in all states and may carry a deductible

Liability car insurance

This will cover damage or injury you incur to people or other property in an accident. This insurance protects YOU from claims by other people, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers claims like bail bonds, repair bills for other people’s vehicles, emergency aid, funeral expenses and court costs. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

Uninsured Motorist or Underinsured Motorist insurance

This gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your FIAT 500.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Coverage for collisions

This pays for damage to your 500 caused by collision with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things like colliding with another moving vehicle, hitting a parking meter and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also increase the deductible to get cheaper collision coverage.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as damage from flooding, theft, hail damage, hitting a deer and hitting a bird. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Save your hard earned cash

When you buy insurance coverage online, do not buy poor coverage just to save money. There are many occasions where an accident victim reduced physical damage coverage only to discover later they didn’t purchase enough coverage. Your objective should be to find the BEST coverage at an affordable rate while not skimping on critical coverages.

In this article, we presented some good ideas how to lower your 2012 FIAT 500 insurance car insurance rates. The most important thing to understand is the more you quote insurance coverage, the better your chances of lowering your premium rates. Consumers could even find that the lowest car insurance rates are with a smaller regional carrier.

Budget-friendly auto insurance can be purchased online and from local agencies, so you should be comparing quotes from both so you have a total pricing picture. Some companies may not have price quotes online and usually these regional carriers sell through independent agents.

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