If you want to save money, the best way to find affordable quotes for Fiat 500 insurance in Cleveland is to do an annual price comparison from providers who provide auto insurance in Ohio. You can compare prices by following these guidelines.
First, it will benefit you to learn about individual coverages and the measures you can control to keep rates low. Many risk factors that result in higher prices like speeding and a substandard credit score can be eliminated by making minor changes in your lifestyle.
Second, obtain price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can give quotes from one company like Progressive or State Farm, while independent agencies can provide rate quotes from multiple companies. Find a Cleveland insurance agent
Third, compare the new rates to your existing coverage and determine if cheaper 500 coverage is available in Cleveland. If you find a lower rate and change companies, verify that coverage does not lapse between policies.
One key aspect of rate comparisons is to try to compare the same level of coverage on every quote request and and to analyze as many car insurance companies as possible. Doing this ensures a level playing field and a better comparison of the market.
It goes without saying that car insurance companies don’t want policyholders to compare prices from other companies. Insureds who shop around for cheaper prices will, in all likelihood, switch companies because of the high probability of finding a lower-cost company. Surprisingly, a recent survey revealed that people who compared prices regularly saved about $865 annually compared to drivers who didn’t regularly shop around.
If saving money on Fiat 500 insurance is your ultimate objective, then learning about how to choose a company and compare insurance premiums can make it easier to find better rates.
If you have auto insurance now, you will definitely be able to buy cheaper auto insurance using these methods. Locating the most cost-effective auto insurance policy in Cleveland is really quite easy. Although Ohio drivers must understand how big insurance companies set your policy premium and use it to your advantage.
When looking for inexpensive Cleveland car insurance quotes, there are a couple ways to get quotes from companies that offer car insurance in Ohio. The best way to find cheaper Fiat 500 rates involves getting comparison quotes online.
It’s so fast and easy to compare rate quotes online that it takes the place of having to drive around to insurance agencies in your area. The ability to quote Fiat 500 insurance online has reduced the need for local agents unless your situation requires the professional assistance that can only be provided by a licensed insurance agent. Some companies do allow you to price shop your coverage online and have a local agent actually service the policy.
When price shopping your coverage, getting more free quotes helps locate lower pricing.
The companies shown below are our best choices to provide free rate quotes in Cleveland, OH. If you wish to find the best cheap car insurance in Ohio, it’s highly recommended you compare several of them in order to find the most competitive rates.
Why you need auto insurance
Despite the high insurance cost for a Fiat 500 in Cleveland, maintaining insurance is required for several reasons.
- Most states have minimum mandated liability insurance limits which means you are required to buy a specific level of liability insurance coverage if you don’t want to risk a ticket. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your vehicle has a lienholder, it’s most likely the lender will make it mandatory that you have insurance to guarantee payment of the loan. If you do not keep the policy in force, the bank will be required to insure your Fiat for a lot more money and force you to pay much more than you were paying before.
- Auto insurance preserves both your assets and your car. It will also cover medical bills for you, your passengers, and anyone else injured in an accident. One policy coverage, liability insurance, also covers all legal expenses up to the policy limit if you are sued as the result of an accident. If your car is damaged in a storm or accident, comprehensive and/or collision insurance will pay to have it repaired.
The benefits of insuring your car definitely exceed the price paid, particularly when you have a large claim. Despite what companies tell you, the average driver is wasting up to $825 a year so shop around at every policy renewal to save money.
Lower Your Cleveland Insurance Costs
Consumers need to have an understanding of some of the elements that go into determining the level of your policy premiums. When consumers understand what controls the rates you pay, this enables you to make decisions that will entitle you to big savings.
The list below includes some of the factors used by insurance companies to determine your premiums.
Vehicle theft costs us all – Purchasing a vehicle with anti-theft technology or alarm system can save you a little every year. Theft prevention devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all help prevent car theft and help bring rates down.
Do you have a stressful job? – Occupations such as military generals, architects, and stock brokers tend to have higher rates than average because of intense work requirements and extremely grueling work hours. On the flip side, occupations like actors, athletes and performers get better rates.
Traffic violations mean higher costs – Only having one citation can increase the cost of insurance substantially. Careful drivers pay less for auto insurance than bad drivers. Drivers with license-revoking violations such as hit and run, DWI or reckless driving convictions are required to file a proof of financial responsibility form (SR-22) with their state’s licensing department in order to drive a vehicle legally.
How much liability do you need? – Liability coverage is the coverage that protects you in the event that you are determined to be liable for causing damage or personal injury in an accident. Liability insurance provides you with a defense in court starting from day one. This coverage is very inexpensive as compared to coverage for physical damage, so drivers should carry high limits.
Drive less and get lower costs – Driving more miles annually the more it will cost to insure it. A lot of companies calculate rates based upon how the vehicle is primarily used. Autos left parked in the garage can be on a lower rate level than vehicles that have high annual mileage. Improper usage on your 500 may be costing you. It’s always a good idea to double check that your policy properly reflects the correct usage for each vehicle.
Lower performance equals lower insurance rates – The performance of the vehicle you own makes a big difference in your car insurance bill. The lowest premiums are generally reserved for lower cost passenger cars, but the cost you end up paying is determined by many additional factors.
Insurance loss data for a Fiat 500 – Insurers analyze past claim statistics as a tool for profitable underwriting. Models that the data determines to have a trend towards higher claims will have higher rates for specific coverages.
The next table illustrates the loss history for Fiat 500 vehicles. For each policy coverage type, the claim probability for all vehicles combined as an average is a value of 100. Percentages below 100 mean the vehicle has better than average losses, while numbers that are greater than 100 point to more frequent losses or tendency to have larger claims.
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Fiat 500 | 72 | 76 | 66 | 96 | 89 | 84 |
| Fiat 500 Convertible | 76 | 79 | 60 | 85 | ||
| Fiat 500 Electric | 73 | 59 | 76 | 60 | ||
| Fiat 500L | 112 | 80 | 102 | 128 | 93 | 97 |
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Insurance is unique, just like you
When it comes to buying adequate coverage, there really is no single plan that fits everyone. You are unique and your insurance should be unique as well.
For instance, these questions might point out if your situation might need professional guidance.
- Can good grades get a discount?
- Will I be non-renewed for getting a DUI or other conviction?
- Are there any extra discounts I can get?
- Is my vehicle covered by my employer’s policy when using it for work?
- Are all vehicle passengers covered by medical payments coverage?
- When should my teen driver be added to my policy?
- If my pet gets injured in an accident are they covered?
- If my car is totaled with they pay enough to replace it?
- Can my teen driver be rated on a liability-only vehicle?
- When should I have rental car coverage?
If you don’t know the answers to these questions, you may need to chat with a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier
Cleveland auto insurance company ratings
Choosing the best company can be rather challenging considering how many different companies there are to choose from in Cleveland. The company information in the next section may help you decide which companies you want to consider comparing rate quotes with.
Top 10 Cleveland Car Insurance Companies Ranked by Claims Service
- Progressive
- Travelers
- Liberty Mutual
- Nationwide
- USAA
- AAA Insurance
- GEICO
- Safeco Insurance
- Mercury Insurance
- Esurance
Top 10 Cleveland Car Insurance Companies Ranked by Value
- USAA
- GEICO
- AAA Insurance
- Erie Insurance
- State Farm
- Liberty Mutual
- Safeco Insurance
- Allstate
- 21st Century
- Travelers
The lowest rates come from being thorough
When getting Cleveland car insurance quotes online, it’s a bad idea to skimp on critical coverages to save a buck or two. There have been many situations where someone dropped liability coverage limits only to discover later they didn’t purchase enough coverage. Your focus should be to purchase a proper amount of coverage for the lowest cost, but do not skimp to save money.
We covered many ways to save on Fiat 500 insurance in Cleveland. The most important thing to understand is the more you quote Cleveland car insurance, the more likely it is that you will get a better rate. You may even find the biggest savings come from a smaller regional carrier. These companies often have lower prices on specific markets than their larger competitors like State Farm, GEICO and Nationwide.
Helpful resources
- Distracted Driving Statistics (Insurance Information Institute)
- Who Has the Cheapest Auto Insurance for Drivers with a Bad Driving Record in Cleveland? (FAQ)
- Who Has Cheap Cleveland Car Insurance for a Toyota Tacoma? (FAQ)
- How Much are Car Insurance Rates for First-time Drivers in Cleveland? (FAQ)
- Top Signs Your Brakes are Giving Out (State Farm)
- Electronic Stability Control FAQ (iihs.org)
- What are my Rights when Filing a Claim? (Insurance Information Institute)