How Much Does 2016 FIAT 500L Car Insurance Cost in 2024?

Looking for cheaper insurance coverage rates for your FIAT 500L? Nobody likes buying insurance coverage, especially when they are aware that they are paying too much.

Due to the increasing number of insurance coverage companies to choose from, it is very difficult to locate the right insurance coverage company.

Finding the best insurance is easy if you know what you’re doing. In a nutshell, anyone who shops for insurance will more than likely be able to find better rates. Although car owners benefit from understanding the methods companies use to sell online because it can help you find the best coverage.

Informed drivers know how to find auto insurance cheaper

An important part of buying insurance is that you know some of the things that go into determining your premiums. If you understand what positively or negatively impacts your premiums, this helps enable you to make changes that will entitle you to better auto insurance rates. Many things are taken into consideration when quoting car insurance. Most are fairly basic like your driving record, but other criteria are less obvious such as your credit history or your financial responsibility.

The following are some of the most common factors used by your company to calculate your premiums.

• Liability insurance limits on your policy – The liability coverage on your policy will protect you if you are ruled to be at fault for personal injury or accident damage. It provides legal defense starting from day one. This coverage is relatively inexpensive when compared to the cost of physical damage coverage, so drivers should buy more than the minimum limits required by law.
• Only buy extra coverages you need – Insurance policies have a lot of add-on coverages that sound like a good idea at the time on your 500L policy. Insurance for vanishing deductibles, high-cost glass coverage, and extra life insurance coverage may be costing you every month. They may sound like good ideas at first, but your needs may have changed so get rid of them and save.
• Safer cars cost less to insure – Vehicles that have high safety ratings can get you lower premiums. Safer cars help reduce the chance of injuries in an accident and fewer injuries means less claims paid which can result in lower premiums. If your FIAT 500L earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website you may pay a lower rate.
• You might want pay the inexpensive policy claims yourself – Auto insurance companies provide cheaper rates to people who are not frequent claim filers. If you are the type of insured that files lots of claims you can definitely plan on increased rates or even have your policy non-renewed. Auto insurance is intended to be relied upon for claims that pose a financial burden.

Get cheap rates with these discounts

Auto insurance companies don’t list all available discounts very well, so the list below details both well-publicized and also the more inconspicuous credits available to lower your premiums when you buy car insurance online.

• Active Service Discounts – Being on active deployment in the military can result in better prices.
• Defensive Driving Course – Taking part in a defensive driving course could save 5% or more if your company offers it.
• Data Collection Discounts – Insureds who allow their company to spy on driving habits by using a telematics device like In-Drive from State Farm and Progressive’s Snapshot might get better premium rates if their driving habits are good.
• Passive Restraint Discount – Factory options such as air bags or automatic seat belts may earn rate discounts of 25 to 30%.
• Discounts for New Vehicles – Adding a new car to your policy can be considerably cheaper because new model year vehicles have to meet stringent safety requirements.
• Theft Prevention Discount – Cars, trucks, and SUVs optioned with advanced anti-theft systems are stolen less frequently and will save you 10% or more.
• Driver’s Ed – Cut your cost by having your teen driver successfully take a drivers education course in high school.
• Save with More Vehicles Insured – Buying coverage for all your vehicles with one company can reduce rates for all insured vehicles.
• Student in College – Any of your kids who live away from home at college and don’t have a car can receive lower rates.
• Seat Belts Save – Buckling up and requiring all passengers to buckle their seat belts could save 15% on the premium charged for medical payments and/or PIP.

It’s important to understand that most discounts do not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like medical payments or collision. Just because it seems like you could get a free insurance policy, it doesn’t quite work that way.

Companies and a partial list of their discounts are shown below.

• State Farm may offer discounts for good driver, Drive Safe & Save, safe vehicle, driver’s education, anti-theft, and multiple autos.
• Esurance has savings for homeowner, renters, Switch & Save, multi-car, Pac-12 alumni, and anti-theft.
• Progressive includes discounts for homeowner, good student, multi-vehicle, online signing, continuous coverage, online quote discount, and multi-policy.
• Liberty Mutual may have discounts that include newly married, new graduate, safety features, multi-car, and multi-policy.
• Auto-Owners Insurance may include discounts for group or association, anti-theft, paperless, student away at school, company car, teen driver, and multiple vehicles.
• GEICO offers premium reductions for military active duty, federal employee, good student, anti-theft, seat belt use, multi-policy, and multi-vehicle.

Check with each company or agent which discounts they offer. Savings might not be available to policyholders in your area.

Insurance coverage can be complex

When choosing the right insurance coverage, there really is no perfect coverage plan. Every insured’s situation is different so this has to be addressed. For instance, these questions may help you determine whether your personal situation would benefit from professional advice.

• How can I force my company to pay a claim?
• Should I buy additional glass protection?
• What are the financial responsibility laws in my state?
• Is other people’s property covered if stolen from my vehicle?
• Is a blown tire covered by insurance?
• What is the difference between comprehensive and collision coverage?
• Should I rate my 2016 FIAT 500L as pleasure use or commute?

If you’re not sure about those questions, you may need to chat with an agent. If you want to speak to an agent in your area, take a second and enter your zip code.

Coverages available on your insurance policy

Having a good grasp of your policy can be of help when determining the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Below you’ll find typical coverage types found on most insurance policies.

Medical expense coverage

Coverage for medical payments and/or PIP provide coverage for immediate expenses for funeral costs, EMT expenses, X-ray expenses, surgery and chiropractic care. 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 you and your occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage 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 protects you and your vehicle from other drivers when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your FIAT 500L.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Most of the time the UM/UIM limits are set the same as your liability limits.

Comprehensive protection

This pays to fix your vehicle from 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 like damage from a tornado or hurricane, vandalism and damage from getting keyed. The most you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision protection

Collision coverage covers damage to your 500L from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like sustaining damage from a pot hole, rolling your car and sideswiping another vehicle. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.

Liability coverage

Liability coverage can cover damage or injury you incur to other people or property. This coverage protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 25/50/25 which stand for a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against things such as legal defense fees, court costs, medical expenses, funeral expenses and pain and suffering. How much liability should you purchase? That is up to you, but consider buying as much as you can afford.

Quote often and quote early

Cheap 2016 FIAT 500L insurance can be sourced on the web and also from your neighborhood agents, and you need to price shop both to have the best chance of lowering rates. Some insurance coverage companies may not provide online quoting and many times these regional carriers work with independent agents.

We just showed you a lot of information how to shop for 2016 FIAT 500L insurance online. The key thing to remember is the more companies you get premium rates for, the better your chances of lowering your premium rates. You may even discover the lowest priced insurance coverage comes from the smaller companies. These smaller insurers may have significantly lower premium rates on certain market segments than their larger competitors like Progressive and GEICO.