Save on 2018 FIAT 124 Spider Car Insurance Rates

Want lower insurance rates for your FIAT 124 Spider? Feeling guilty for buying an expensive insurance policy? Trust us when we tell you many drivers feel the same as you. Since drivers have many choices, it can be challenging to locate the most cost effective insurance company.

Don’t miss these rate-reducing discounts

Not many people think insurance is cheap, but you may qualify for discounts that you may not even be aware of. Some of these disounts will be visible at quote time, but some discounts are required to be asked about before you will receive the discount. If you check and find you aren’t receiving every discount possible, you’re paying more than you need to.

  • Federal Employees – Active or former government employment may reduce rates when you quote auto insurance for 124 Spider coverage with a few insurance coverage companies.
  • Full Payment Discount – If you pay your bill all at once as opposed to paying monthly you may have a lower total premium amount.
  • Homeowners Savings – Owning a home can help you save on insurance coverage since owning and maintaining a home means you have a higher level of financial diligence.
  • Discounts for Safe Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates for 124 Spider coverage than less cautious drivers.
  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control are much safer to drive and earn discounts up to 10%.

You can save money using discounts, but most credits do not apply to all coverage premiums. Some only reduce the cost of specific coverages such as comp or med pay. Even though it may seem like you would end up receiving a 100% discount, you won’t be that lucky.

Companies who may offer many of the previously listed discounts may include but are not limited to:

If you need cheaper auto insurance quotes, ask each company or agent which discounts you may be entitled to. Depending on the company, some discounts may not apply to policyholders everywhere. If you would like to view insurers who offer discounts, follow this link.

Do I need special coverages?

When choosing the right insurance coverage, there really is no single plan that fits everyone. Everyone’s situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that could help you determine whether your personal situation could use an agent’s help.

  • Is my business laptop covered if it gets stolen from my vehicle?
  • Do I pay less for low miles?
  • If my 2018 FIAT 124 Spider is totaled, can I afford another vehicle?
  • Should I bundle my homeowners policy with my auto?
  • How much can I save by bundling my policies?
  • Does car insurance cover theft of personal property?
  • Are split liability limits better than a combined single limit?
  • When should I not file a claim?

If you’re not sure about those questions, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.

Auto insurance coverages

Understanding the coverages of car insurance can be of help when determining appropriate coverage at the best deductibles and correct limits. Car insurance terms can be impossible to understand and reading a policy is terribly boring. Below you’ll find typical coverage types found on the average car insurance policy.

Liability

This coverage protects you from damages or injuries you inflict on a person or their property that is your fault. It protects YOU against other people’s claims. It does not cover damage sustained by your vehicle 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. As an example, you may have limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability insurance covers claims such as emergency aid, repair costs for stationary objects, medical expenses and structural damage. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Medical payments coverage and PIP

Med pay and PIP coverage pay for short-term medical expenses such as hospital visits, rehabilitation expenses and X-ray expenses. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Comprehensive coverage

This coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as damage from getting keyed, a tree branch falling on your vehicle, falling objects and a broken windshield. The maximum payout your car insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Auto collision coverage

Collision insurance will pay to fix damage to your 124 Spider caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims like hitting a parking meter, rolling your car, driving through your garage door and colliding with a tree. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage

This coverage provides protection from other motorists when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your FIAT 124 Spider.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

More comparisons equals lower rates

There are still a few companies who do not provide rate quotes online and most of the time these regional insurance providers work with local independent agents. Cheap 2018 FIAT 124 Spider insurance is available from both online companies and from local agencies, and you need to comparison shop both in order to have the best price selection to choose from.

We just showed you a lot of techniques to reduce 2018 FIAT 124 Spider insurance prices online. The most important thing to understand is the more times you quote, the higher your chance of finding cheap auto insurance. You may even discover the best prices are with a smaller regional carrier. Some small companies can often insure niche markets at a lower cost as compared to the big name companies such as Geico and State Farm.

As you go through the steps to switch your coverage, make sure you don’t sacrifice coverage to reduce premiums. There are too many instances where someone dropped physical damage coverage only to regret that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to purchase a proper amount of coverage at an affordable rate, but do not sacrifice coverage to save money.

Even more information is available at these sites: