Compare 2015 FIAT 500L Car Insurance Cost

Nobody I know cherishes buying insurance coverage, especially when they are paying too much.

There are many car insurance companies to purchase coverage from, and even though it’s nice to have multiple companies, too many choices makes it more difficult to find the best rates for your vehicles.

It is always a good idea to compare prices at least once a year because prices are constantly changing. If you had the lowest rates on 500L coverage a few years ago a different company probably has better rates today. Forget anything you know (or think you know) about insurance coverage because you’re about to find out how to use the internet to buy cheaper insurance coverage.

Take advantage of discounts

Insuring your vehicles can cost a lot, but there are discounts available to reduce the price significantly. A few discounts will automatically apply when you purchase, but a few must be asked about before you get the savings.

  • Defensive Driver – Completing a driver safety course could possibly earn you a 5% discount if you qualify.
  • Bundle and Save – If you have multiple policies with one insurance company you may save approximately 10% to 15%.
  • Good Student – Performing well in school can save 20 to 25%. The good student discount can last up to age 25.
  • Seat Belts Save – Buckling up and requiring all passengers to buckle their seat belts can save up to 15% off the personal injury premium cost.
  • Distant Student – Youth drivers who live away from home and don’t have a car can receive lower rates.
  • 55 and Retired – If you qualify as a senior citizen, you may qualify for reduced rates on 500L coverage.
  • Federal Government Employee – Active or retired federal employment can earn a discount up to 10% on 500L coverage depending on your company.

It’s important to note that many deductions do not apply to the overall cost of the policy. Most only reduce specific coverage prices like collision or personal injury protection. So when the math indicates you would end up receiving a 100% discount, it just doesn’t work that way. But any discount will help reduce your premiums.

Companies that possibly offer these discounts are:

Check with each company what discounts are available to you. All car insurance discounts may not apply in every state.

Free Auto Insurance Quotes

Most companies quote pricing online. The process doesn’t take a lot of time as you just enter your required coverages as requested by the quote form. After you submit the form the company’s rating system sends out for reports for credit and driving violations and returns a price quote based on these factors. This simplifies rate comparisons, but the process of having to visit each company’s website and repetitively complete many quote forms is repetitive and time-consuming. Unfortunately, it is important to perform this step in order to get a better rate.

The easiest way to get multiple rate quotes utilizes a single form to obtain quotes from multiple companies. This type of form saves time, eliminates form submissions, and makes online price comparison much easier. Once the form is submitted, your coverage is rated with multiple companies and you can pick your choice of the quotes returned.

If one or more price quotes are lower than your current rates, you can click and sign and buy the policy. It can be completed in less than 10 minutes and may save quite a bit of money.

If you want to find out how much you can save on auto insurance, click here to open in new window and enter your vehicle and coverage information. If you have coverage now, it’s recommended you input the limits and deductibles exactly as shown on your declarations page. Doing this assures you will be getting an apples-to-apples comparison based on similar coverages.

Parts of the FIAT 500L rate equation

An important part of buying insurance is that you know some of the elements that go into determining insurance rates. When you know what positively or negatively impacts premium levels empowers consumers to make smart changes that can help you get lower insurance prices.

Listed below are some of the items used by your company to calculate your rates.

  • More people means more accidents – Residing in less populated areas can save you money when it comes to insurance. Fewer drivers means reduced accidents. City drivers have to deal with traffic congestion and longer commute times. More time on the road means higher likelihood of an accident.
  • Low deductibles can be expensive – Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, protects your FIAT from damage. Some instances where coverage would apply would be a windshield shattered by a rock, damage from fire, and burglary. Your deductibles are the amount of money you are required to spend out-of-pocket before your insurance pays a claim. The higher the amount you are required to pay out-of-pocket, the bigger discount you will receive on 500L coverage.
  • Claim-free discounts can add up – If you tend to file frequent claims, you can expect either a policy non-renewal or much higher rates. Car insurance companies award cheaper rates to policyholders who do not file claims often. Auto insurance is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
  • Don’t let your coverage lapse – Not having insurance is against the law and your next policy will cost more because you let your insurance lapse. Not only will you pay more, but being ticketed for driving with no insurance will get you a revoked license or a big fine.Then you may be required to prove you have insurance by filing a SR-22 with your state DMV.

How to know if you need help

When buying proper insurance coverage for your vehicles, there really is no one size fits all plan. Every situation is different and a cookie cutter policy won’t apply. These are some specific questions may help you determine if you would benefit from an agent’s advice.

  • Does my liability insurance cover pulling a trailer or camper?
  • Should I get collision insurance on every vehicle?
  • Why am I required to get a high-risk car insurance policy?
  • Am I covered when delivering products for my home-based business?
  • Can I get a multi-policy discount?
  • Can my babysitter drive my car?
  • Is there coverage for injuries to my pets?
  • When should my teen driver be added to my policy?
  • Are rock chip repairs covered?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Drivers who switch save $385 a year? Really?

State Farm, Allstate and GEICO continually stream ads in print and on television. All the companies have a common claim that you can save after switching to their company. How do they all say the same thing?

All companies have a preferred profile for the right customer that makes them money. For instance, a preferred risk might be between the ages of 30 and 50, has no prior claims, and chooses high deductibles. A driver who meets those qualifications will get the preferred rates and is almost guaranteed to save when they switch companies.

Potential insureds who don’t measure up to this ideal profile will be charged higher prices which usually ends up with business not being written. The ads say “customers who switch” not “everyone that quotes” save that much money. That’s why companies can truthfully claim big savings.

That is why you should get quotes from several different companies. It is impossible to predict which auto insurance company will have the lowest FIAT 500L insurance rates.

Auto insurance coverages

Learning about specific coverages of auto insurance can be of help when determining the best coverages and proper limits and deductibles. Auto insurance terms can be confusing and coverage can change by endorsement. These are the usual coverages found on the average auto insurance policy.

Collision – Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims like hitting a parking meter, colliding with a tree and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to increase the deductible to bring the cost down.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses like chiropractic care, nursing services and surgery. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your 2015 FIAT 500L.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually these limits are similar to your liability insurance amounts.

Liability coverages – Liability insurance can cover damage that occurs to other people or property by causing an accident. It protects YOU from claims by other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Some companies may use a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for things like pain and suffering, repair costs for stationary objects, funeral expenses and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as much as you can afford.

Comprehensive protection – This coverage will pay to fix 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 claims like damage from flooding, rock chips in glass and a broken windshield. The most your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Save your hard earned cash

When trying to cut insurance costs, it’s not a good idea to skimp on coverage in order to save money. In too many instances, someone sacrificed liability limits or collision coverage only to find out they didn’t purchase enough coverage. Your goal should be to buy enough coverage at an affordable rate while still protecting your assets.

Affordable 2015 FIAT 500L insurance is possible both online in addition to many insurance agents, so compare prices from both to get a complete price analysis. There are still a few companies who do not provide the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

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