2016 FIAT 500L Insurance Rates – 6 Tips for Best Quotes

Searching for the cheapest insurance for a FIAT 500L could be a painful process, but you can use a few tricks to make it easier.

There is a better way to compare insurance rates so we’re going to tell you the quickest way to price shop coverage for a new or used FIAT and get the cheapest rates from local insurance agents and online providers.

It’s a good idea to quote other rates occasionally because prices change frequently. Even if you got the best rates for 500L coverage last year other companies may now be cheaper. Forget anything you know (or think you know) about insurance because it’s time to teach you the right way to remove unneeded coverages and save money.

How to lower your insurance coverage cost

Performing a rate comparison can be challenging if you don’t understand the most efficient way. You can spend your afternoon driving to insurance companies in your area, or you could save time and use the internet to achieve your goal.

The majority of car insurance companies belong to an insurance system that allows shoppers to complete one form, and each participating company returns a competitive quote based on that information. This prevents consumers from doing repetitive form submissions for every insurance coverage company. To find out what other companies charge click to open in new window.

The only downside to using this type of system is you are unable to specify which providers you want to price. If you wish to select specific insurance companies to request quotes from, we have assembled a list of insurance coverage companies in your area. Click here for list of insurance companies.

You can choose any of those ways to find more affodable coverage, but do your best to use nearly identical quote information for each price quote. If you use different coverage information it’s impossible to decipher which rate is best.

Lower-cost insurance coverage rates with discounts

Insurance coverage can be pricey, but there may be some discounts that can help lower your rates. Larger premium reductions will be automatically applied at the time of purchase, but less common discounts must be inquired about prior to getting the savings.

  • Organization Discounts – Affiliation with qualifying employment or professional organizations could qualify you for a break on your next insurance coverage statement.
  • Multi-Vehicle Discounts – Buying insurance for multiple cars or trucks on a single policy can get a discount on all vehicles.
  • Own a Home and Save – Owning your own home or condo may earn you a small savings because of the fact that having a home requires personal responsibility.
  • Pay Now and Pay Less – If paying your policy premium upfront rather than paying in monthly installments you can avoid monthly service charges.
  • Accident Waiver – This one isn’t a discount, but certain companies permit an accident without raising rates if your claims history is clear for a specific time period.
  • Discount for Multiple Policies – If you can combine your auto and home policy with the same insurance company you could get a discount of over 10 percent off each policy depending on the company.

It’s important to note that some credits don’t apply to the overall cost of the policy. A few only apply to the cost of specific coverages such as medical payments or collision. So even though they make it sound like you can get free auto insurance, it doesn’t quite work that way.

A list of insurance coverage companies and some of their more popular discounts include:

  • AAA offers discounts including pay-in-full, anti-theft, good student, good driver, multi-policy, and multi-car.
  • Progressive has discounts for good student, continuous coverage, online signing, online quote discount, and homeowner.
  • State Farm may include discounts for good driver, multiple policy, good student, passive restraint, multiple autos, and student away at school.
  • Esurance offers discounts for DriveSense, Switch & Save, paid-in-full, online quote, and renters.
  • Nationwide may offer discounts for defensive driving, easy pay, business or organization, Farm Bureau membership, accident-free, and anti-theft.

If you need lower rates, check with every company which discounts you may be entitled to. All car insurance discounts might not be offered in your area.

Tailor your insurance coverage coverage to you

When choosing adequate coverage for your personal vehicles, there really is no one size fits all plan. Everyone’s situation is a little different.

For example, these questions may help you determine whether your personal situation would benefit from an agent’s advice.

  • Do I pay less if my vehicle is kept in my garage?
  • What is no-fault insurance?
  • Do I need rental car coverage?
  • Should I sign the liability waiver when renting a car?
  • Can I rate high risk drivers on liability-only vehicles?
  • What if I don’t agree with a claim settlement offer?
  • Is motorclub coverage worth it?
  • Why is insurance for a teen driver so high?

If you can’t answer these questions but you know they apply to you, you may need to chat with an agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and may give you better protection.

Parts of your insurance policy

Knowing the specifics of insurance helps when choosing the right coverages for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring.

Comprehensive or Other Than Collision

This coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as fire damage, theft, damage from flooding, damage from getting keyed and hail damage. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision coverage protection

This covers damage to your 500L from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things like sideswiping another vehicle, sustaining damage from a pot hole, hitting a mailbox and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also increase the deductible to get cheaper collision coverage.

Auto liability

Liability insurance will cover damage that occurs to people or other property in an accident. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Some companies may use a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers things like repair bills for other people’s vehicles, funeral expenses, court costs, medical expenses and medical services. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

UM/UIM Coverage

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 also any damage incurred to your 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. So UM/UIM coverage should not be overlooked. Usually the UM/UIM limits are set the same as your liablity limits.

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for bills for pain medications, dental work and prosthetic devices. They are used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and may carry a deductible

Make a quick buck

More affordable insurance is definitely available both online and with local insurance agents, and you need to price shop both in order to have the best price selection to choose from. Some insurance providers do not provide online quoting and these small, regional companies work with independent insurance agencies.

We just covered some good ideas how to reduce 2016 FIAT 500L insurance car insurance rates online. The key concept to understand is the more times you quote, the higher the chance of saving money. Consumers could even find that the biggest savings come from some of the lesser-known companies.

As you go through the steps to switch your coverage, don’t be tempted to buy less coverage just to save a little money. In many instances, an insured cut collision coverage only to find out that the savings was not a smart move. Your strategy should be to purchase a proper amount of coverage at the lowest possible cost.

More detailed insurance information can be read by following these links: