Lower Your 2014 FIAT 500L Insurance Cost

Looking for lower car insurance rates for your FIAT 500L? Did you fall for a flashy sales pitch and buy high-priced car insurance? Trust us when we tell you there are many people just like you. Companies like Geico, Progressive and Allstate continually bombard you with ads and it can be hard to ignore the promise of big savings and effectively compare rates to find the best deal.

Smart consumers take time to compare rates at least once a year because rates are adjusted regularly by insurance companies. Even if you think you had the lowest price on 500L coverage six months ago you will most likely find a better rate today. Ignore everything you know about car insurance because you’re about to learn how to use online quotes to find great coverage at a great price.

If you are insured now or need a new policy, you can follow these tips to find the best rates and still get good coverage. Finding affordable coverage is easy if you know what you’re doing. Consumers only need to know the most effective way to get comparison quotes over the internet.

Comprehensive Insurance Comparison Quotes

There are multiple methods you can shop for 2014 FIAT 500L insurance but there is one way that is less labor-intensive and much quicker. You could waste a few hours talking to agents in your area, or you can utilize online quotes to get pricing more quickly.

Most of the best insurance companies take part in a program that allows shoppers to send in one quote, and each company returns a competitive quote based on that information. This saves time by eliminating quote requests to each individual insurance company.

To fill out one form to compare multiple rates now click to open in new window.

The only downside to pricing coverage this way is you don’t know exactly which carriers to receive prices from. If you prefer to choose individual companies to request quotes from, we have assembled a list of companies who write insurance in your area. Click to view list.

Whichever way you use, make absolute certain that you use identical coverage information for each price quote. If you are comparing different values for each quote it will be impossible to make an equal comparison.

Save on 2014 FIAT 500L insurance

Car insurance can cost a lot, but discounts can save money and there are some available to reduce the price significantly. Larger premium reductions will be automatically applied when you purchase, but less common discounts must be manually applied prior to getting the savings. If you aren’t receiving every discount you deserve, you are paying more than you should be.

  • Multi-policy Discount – When you have multiple policies with one insurance company you may save at least 10% off all policies.
  • Life Insurance – Companies who offer life insurance give better rates if you take out life insurance from them.
  • Service Members Pay Less – Having a family member in the military could mean lower rates.
  • Passive Restraints and Air Bags – Factory air bags can qualify for discounts of more than 20%.
  • Sign Early and Save – A few companies offer discounts for switching to them before your current expiration date. It can save you around 10%.
  • Organization Discounts – Being a member of a civic or occupational organization is a good way to get lower rates when shopping for insurance on 500L coverage.
  • Payment Method – If you pay your bill all at once rather than paying monthly you could save 5% or more.

Keep in mind that most credits do not apply the the whole policy. Some only apply to the cost of specific coverages such as comprehensive or collision. So even though they make it sound like you could get a free insurance policy, it just doesn’t work that way. But all discounts will reduce the amount you have to pay.

Car insurance companies that possibly offer some of the above discounts include:

It’s a good idea to ask each company which discounts they offer. All car insurance discounts might not apply in your state.

These factors can influence FIAT 500L insurance rates

It’s important that you understand the different types of things that come into play when calculating the rates you pay for insurance coverage. Knowing what influences your rates allows you to make educated decisions that can help you get big savings.

The list below includes some of the factors companies use to determine your rates.

  • Rates may be higher depending on your occupation – Occupations such as lawyers, architects and dentists have the highest average rates because of high stress and long work days. Other jobs such as pilots, historians and retirees get better rates on 500L coverage.
  • Your location is important – Choosing to live in small towns and rural areas can save you money when buying insurance coverage. Fewer people means a lower chance of having an accident and a lower car theft rate. Drivers in populated areas tend to have traffic congestion and longer commutes to work. Longer commute distances translates into higher accident risk.
  • Adjust deductibles and save – Deductibles for physical damage represent how much money you are required to spend before your insurance coverage pays a claim. Physical damage insurance, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Some examples of claims that would be covered are colliding with a building, damage caused by hail, and windstorm damage. The more the insured has to pay upfront, the less your insurance coverage will be on 500L coverage.
  • High credit ratings translate to low rates – A driver’s credit score is a huge factor in your rate calculation. If your credit rating is lower than you’d like, you could be paying less to insure your 2014 FIAT 500L by improving your rating. Consumers who have high credit ratings tend to be less risk to insure than those with poor credit.
  • Do you need the policy add-ons? – There are many add-on coverages that you can buy if you aren’t careful. Coverages for personal injury protection, towing coverage and additional equipment coverage may be wasting your money. These coverages may sound good at first, but now you might not need them so eliminate them to save money.

Tailor your coverage to you

When it comes to choosing coverage for your vehicles, there isn’t really a perfect coverage plan. Every insured’s situation is different and a cookie cutter policy won’t apply. These are some specific questions might help in determining if your situation might need an agent’s assistance.

  • Are there companies who specialize in insuring high-risk drivers?
  • What is PIP insurance?
  • When do I need to add a new car to my policy?
  • Does coverage extend to my business vehicle?
  • Should I put collision coverage on all my vehicles?
  • Should I buy more coverage than the required minimum liability coverage?
  • Do I need special endorsements for business use of my vehicle?

If it’s difficult to answer those questions, you might consider talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and may give you better protection.

Insurance coverage options for a 2014 FIAT 500L

Knowing the specifics of your policy aids in choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverages found on the average insurance policy.

Collision insurance

Collision insurance will pay to fix damage to your 500L from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for things like hitting a mailbox, driving through your garage door, colliding with another moving vehicle, damaging your car on a curb and hitting a parking meter. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to bring the cost down.

Comprehensive insurance

This covers damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things such as hitting a bird, theft and rock chips in glass. The maximum payout your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills like chiropractic care, pain medications, prosthetic devices and rehabilitation expenses. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover you and your occupants as well as being hit by a car walking across the street. PIP is only offered in select states and may carry a deductible

Coverage for liability

This can cover damages or injuries you inflict on a person or their property by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Another option is a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things such as bail bonds, repair bills for other people’s vehicles, structural damage and medical services. How much coverage you buy is a personal decision, but you should buy as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your 2014 FIAT 500L.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Normally these limits are similar to your liability insurance amounts.

Better coverage you can count on

Budget-conscious 2014 FIAT 500L insurance is definitely available both online in addition to many insurance agents, so compare prices from both in order to have the best chance of saving money. Some insurance coverage companies do not provide you the ability to get quotes online and many times these small, regional companies only sell through independent insurance agents.

Throughout this article, we presented some good ideas how you can compare insurance prices online. The most important thing to understand is the more providers you compare, the better your chances of lowering your rates. You may be surprised to find that the lowest premiums are with some of the lesser-known companies. They often have lower prices on specific markets than their larger competitors like Geico and State Farm.

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