Best Ways to Pay Less When Quoting Fiat 500 Insurance

Buyers have a choice when searching for low-cost Fiat 500 insurance. They can either spend hours calling around getting price quotes or use the internet to find the lowest rates. There are more efficient ways to compare car insurance rates so we’re going to tell you the proper way to price shop coverage for your Fiat and find the lowest price from both online companies and local agents.

It’s a good habit to shop coverage around before your policy renews since insurance rates are rarely the same from one policy term to another. Even if you got the best deal for 500 insurance a year ago you will most likely find a better rate today. Forget all the misinformation about car insurance because I’m going to let you in on the secrets to the quickest way to eliminate unnecessary coverages and save money.

Buying car insurance is not that difficult. If you have car insurance now, you will be able to reduce your rates substantially using these methods. Drivers just need to learn the proper way to shop for car insurance over the internet.

Why your Fiat 500 might be costing you more

It’s important that you understand the factors that play a part in calculating the rates you pay for car insurance. When you know what positively or negatively determines base rates helps enable you to make changes that could result in much lower annual insurance costs.

Shown below are some of the items that factor into premiums.

Clean credit earns discounts – Credit rating is a big factor in determining your rates. Drivers who have high credit scores tend to be better drivers and file fewer claims than drivers with lower credit ratings. Therefore, if your credit rating can use some improvement, you could pay less to insure your Fiat 500 by improving your credit score.
Increase deductibles and save – Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your Fiat. Examples of covered claims would be collision with another vehicle, damage caused by hail, and rolling your vehicle. Deductibles for physical damage are how much you are willing to pay out-of-pocket before your car insurance pays a claim. The more you’re willing to pay, the less your company will charge you for insurance for 500 insurance.
Add-on coverages can add up – There are quite a few additional coverages that can waste your money on your 500 policy. Things like personal injury protection, accident forgiveness and membership fees are examples of these. They may seem like a good idea initially, but your needs may have changed so remove them from your policy.
Sex matters – Statistics demonstrate women tend to be less risk to insure than men. Now that doesn’t mean women are BETTER drivers than men. Men and women have accidents at a similar rate, but the men tend to have more serious accidents. Men also statistically have more aggressive citations such as DWI and reckless driving.

Automobile Insurance Quotes

There are a variety of methods to shop for car insurance, and some are more efficient than others. You can spend countless hours talking to local insurance agents in your area, or you could use the web to achieve your goal.

Most of the best insurance companies belong to a marketplace that allows shoppers to complete one form, and every company provides a quote based on the submitted data. This prevents consumers from doing form submissions to each individual car insurance company.

To compare rates using this form now click to open in new window.

The only drawback to using this type of form is you can’t choose which carriers you want to price. If you prefer to choose specific insurance companies to compare prices, we put together a list of companies who write car insurance in your area. Click to view list.

Whichever way you use, make absolute certain that you use apples-to-apples coverages with each company. If you compare different limits and deductibles on each one it’s impossible to make a fair comparison for your Fiat 500.

Do you really save 40% when you switch?

Drivers can’t get away from ads for cheaper car insurance by companies like Progressive, Allstate and GEICO. All the ads have a common claim that you can save if you switch to them.

How do they all say the same thing? This is how they do it.

All the different companies have a certain “appetite” for the right customer they prefer to insure. A good example of a preferred risk could be a mature driver, insures multiple vehicles, and has a short commute. Any new insured who matches those parameters is entitled to the best price and therefore will pay quite a bit less when switching companies.

Potential insureds who fall outside this ideal profile must pay higher rates and this can result in the customer not buying. The ads state “customers who switch” not “people who quote” save that kind of money. That’s why insurance companies can confidently advertise the savings. This illustrates why you absolutely need to compare as many rates as you can. It’s impossible to know the company that will have the lowest rates.

Be sure to get all your discounts

Companies offering auto insurance don’t always publicize all available discounts in a way that’s easy to find, so here is a list some of the more common and also the lesser-known discounts you could be receiving. If you aren’t receiving every discount available, you’re paying more than you need to.

Good Student Discount – Performing well in school can get you a discount of up to 25%. The good student discount can last up until you turn 25.
Use Seat Belts – Using a seat belt and requiring all passengers to use a seat belt could cut 10% or more off your PIP or medical payments premium.
Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes are safer to drive and therefore earn up to a 10% discount.
Federal Government Employee – Active or retired federal employment can earn a discount up to 10% for 500 insurance with a few car insurance companies.
Discount for Life Insurance – Some companies give better rates if you take out a life insurance policy as well.
Multiple Vehicles – Having multiple vehicles on one policy may reduce the rate for each vehicle.

Keep in mind that many deductions do not apply to the entire cost. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So even though it sounds like it’s possible to get free car insurance, companies wouldn’t make money that way.

To see a list of insurers with the best car insurance discounts, click here to view.

But I prefer to buy car insurance from an agent

Some people would prefer to talk to a local agent and that is a personal choice. Educated insurance agents are trained to spot inefficiencies and give you peace of mind. One of the great benefits of comparing insurance prices online is you can get lower rates but also keep your business local.

Once you complete this quick form, your coverage information is transmitted to companies who will compete to get your business. There is no reason to visit any agencies due to the fact that quote results will go straight to your inbox. How’s that for easy!

Picking an provider should depend on more than just a low price. Any agent should have no problem answering these questions:

Do you have coverage for a rental car if your vehicle is in the repair shop?
How much will you save each year by using a higher deductible?
If they are an independent agency, which companies do they recommend?
Which members of your family are coverage by the policy?
Do they make recommendations based only on price?
Do the coverages you’re quoting properly cover your vehicle?

Types of insurance agents

When finding a good insurance agency, there are a couple of different agency structures from which to choose. Agents are categorized either independent (non-captive) or captive. Either one can properly insure your vehicles, but it’s important to know the difference between them because it can impact the selection process.

Agency Captives

Captive agencies are contracted to one company like American Family, Liberty Mutual and AAA. They usually cannot compare other company’s rates so keep that in mind. They are trained well on their products and sales techniques and that can be a competitive advantage. Consumers sometimes choose to use a captive agent partially due to the brand legacy and the convenience of having all coverages with one company.

Independent Agents

These agents do not work for one specific company so they have the ability to put coverage with multiple insurance companies and potentially find a lower price. If you are not satisfied with one company, your agent can switch companies without you having to go to a different agency.

When searching for an agent, you should always include price quotes from several independent insurance agents for maximum quote selection. Most have the option of insuring with smaller regional carriers who may have lower rates.

For a complete listing of car insurance agents, click here.

Once you have satisfactory answers to any questions you have and a low price estimate, you have narrowed it down to a car insurance agent that is a good match to insure your vehicles.

The best insurance company isn’t always the cheapest

Cheaper Fiat 500 insurance is definitely available on the web and also from your neighborhood agents, and you need to comparison shop both to have the best rate selection. A few companies may not provide online quoting and many times these regional insurance providers only sell through independent insurance agents.

You just read a lot of tips how to compare Fiat 500 insurance prices online. The most important thing to understand is the more providers you compare, the better chance you’ll have of finding lower rates. Consumers could even find that the lowest priced car insurance comes from the smaller companies.

Consumers change insurance companies for a variety of reasons including policy non-renewal, high prices, denial of a claim or even policy cancellation. Regardless of your reason for switching companies, finding the right car insurance provider is not as difficult as it may seem.