Automobile insurance for a Fiat – Bankrate.com

When buying any make or model of vehicle, you must have a minimum amount of insurance required by the state in which you live. Coverage tiers may be higher depending on the driver's preference for the financial protection required. While the level of coverage is one aspect that affects the cost of car insurance, your specific make and model also play a role in how much a car insurance company charges.

How much does Fiat insurance cost?

The cost of car insurance (in most states) is influenced by many personal factors such as age, marital status, driving history, creditworthiness, and place of residence. The make and model of the car you choose will also affect your auto insurance rates based on price and value or related safety ratings. Sports cars and luxury cars tend to be more expensive than cheaper brands and models like sedans.

Even if you look at different models from the same manufacturer, the cost of insurance will vary. Each model has different repair costs, safety features, and options that affect the base amount of auto insurance. To determine the average cost of car insurance for Fiats, we compared the reported Quadrant Information Services annual premiums from some of the leading insurance carriers (by market share) for the following models:

  • Fiat Spyder
  • Fiat 500C
  • Fiat 500L Pop
  • Fiat 500X Trekking

Car insurance for Fiat: by model

Although your car insurance rates will vary based on personal factors, we have provided you with quotes for several Fiat models and with different car insurance companies for comparison. Of the four models we have mentioned, the Fiat 500C has the cheapest average annual premium for minimum and fully comprehensive insurance. The most expensive Fiat model to be insured, according to our offer study, is the Fiat 500L Pop for minimum government insurance and the Fiat Spyder for fully comprehensive insurance.

Fiat car insurance Average annual minimum insurance premium Average fully comprehensive annual premium
Fiat Spyder $ 470 $ 1,656
Fiat 500C $ 448 $ 1,463
Fiat 500L Pop $ 498 $ 1,578
Fiat 500X Trekking $ 489 $ 1,483

Cheapest car insurance for Fiat Spyder

To receive auto insurance quotes for Fiats, we have selected the top five auto insurance companies based on market share. The Fiat 124 Spyder is a convertible sports car starting at $ 25,390 base price. It is available in four different equipment variants and is only offered with a 6-speed manual transmission.

For minimum protection, USAA has the cheapest average annual auto insurance rates for the Fiat Spyder, though that company is only available to military personnel, their spouses, and children. Geico and Amica are the second cheapest for government minimum insurance. USAA, Geico, and Amica are pretty similar overall in average annual rates for fully comprehensive insurance.

Car insurance Average annual premium for minimum coverage Average annual premium for fully comprehensive insurance
USAA $ 266 $ 1,207
Geico $ 355 $ 1,241
District farm $ 431 $ 1,384
Erie $ 430 $ 1,387
Amica $ 367 $ 1,243

The cheapest car insurance for the Fiat 500C

The Fiat 500C is a small car convertible between $ 16,936 and $ 25,748, depending on which trim level you choose. Available with automatic or manual transmission, the Fiat 500C is a great economical car for city life and weekend trips. Although the Fiat 500 series was discontinued in the USA from 2020, this vehicle can still be bought used. Again, USAA has the cheapest car insurance rates for minimum coverage, although Geico and Erie are not far behind. Geico and USAA are very close to each other on average annual rates for fully comprehensive insurance, with Amica rounding off the top three. Based on average tariffs, the Fiat 500C is the cheapest Fiat model to insure, but tariffs could continue to change over time considering the model was recently discontinued.

Car insurance Average annual premium for minimum coverage Average annual premium for fully comprehensive insurance
USAA $ 313 $ 1,078
Geico $ 357 $ 1,069
District farm $ 467 $ 1,302
Erie $ 375 $ 1,395
Amica $ 387 $ 1,213

The cheapest car insurance for the Fiat 500L Pop

The Fiat 500L Pop is a hatchback that starts at $ 22,500 from MSRP. This model is equipped with an anti-theft system, daytime running lights, reversing camera and steering wheel controls as standard. The Fiat 500L Pop offers space for five people with a combined fuel consumption of 25 MPG on the highway and in the city.

USAA, Geico, and Erie offer the cheapest option for average annual costs for minimum coverage of $ 337 to $ 376. For full coverage, Geico's average annual cost is most competitive, followed by USAA and Erie. Since these tariffs are only for comparison purposes, it is important to obtain and compare individual quotes to determine which is the cheapest company.

Car insurance Average annual premium for minimum coverage Average annual premium for fully comprehensive insurance
USAA $ 337 $ 1,124
Geico $ 342 $ 1,075
District farm $ 438 $ 1,256
Erie $ 376 $ 1,204
Amica $ 379 $ 1,282

Cheapest car insurance for Fiat 500X Trekkings

The Fiat 500X Trekking comes standard with all-wheel drive and has a starting price of $ 25,995. The vehicle is equipped with an automatic 9-speed gearbox and can accommodate up to five passengers. The trekking package offers, among other things, a double-pane panoramic sunroof, leather-covered seats and a 7-inch touchscreen with navigation.

As for the cost of average annual rates for auto insurance, Geico was the most competitive result in both minimum coverage and full coverage. USAA ranks second on both types of coverage, while Erie and Amica are tied for $ 379 per year for the minimum coverage. After USAA, Erie is the next cheapest fully comprehensive auto insurance.

Car insurance Average annual premium for minimum coverage Average annual premium for fully comprehensive insurance
USAA $ 396 $ 1,188
Geico $ 333 $ 999
District farm $ 431 $ 1,255
Erie $ 379 $ 1,234
Amica $ 379 $ 1,244

Other car insurance coverage for Fiats

Although states only require minimum coverage for legal driving, insurance experts recommend buying as much liability insurance as you can afford or considering other coverage for additional financial protection. If you buy or lease a Fiat model on loan, you may need to take out fully comprehensive insurance, including fully comprehensive and collision protection. Fully comprehensive insurance offers greater financial protection for the Fiat model you choose, including property damage to your vehicle – regardless of who is to blame in the event of an accident.

When purchasing auto insurance or switching providers, a licensed agent may recommend these insurances depending on your circumstances:

  • Collision protection: The collision protection extends to your vehicle if it is damaged in a collision with another vehicle or object (except for animals on the road), regardless of who is at fault. The collision usually has its own deductible, which is taken into account by the insurer when calculating the payout amount. If the car is totaled, the insurance company usually pays the depreciation or replacement value of the car, depending on your policy.
  • Comprehensive coverage: The fully comprehensive insurance is considered “out of collision” and pays for the coverages that are not included in the collision. Broken window panes and windshields, vehicle theft, vandalism, weather events and running into an animal are fully insured. Fully comprehensive insurance is usually also associated with a separate deductible.
  • Gap insurance: If you are buying or leasing your Fiat, gap insurance can be another coverage to consider. If the fiat is totaled and you owe more on the loan than the car's value is depreciated, you will have to pay the difference unless you have a gap insurance policy. This coverage pays the lender the difference so you are not liable for the balance.
  • Reimbursement of the rental car: This insurance pays for a rental car while your Fiat is being repaired after an insured accident, usually for a limited number of days. If you don't have access to another vehicle and need something to drive with when your Fiat is damaged, a rental car refund may be a possible coverage.
  • Roadside assistance: If you break down, run out of petrol, need a tire change or your Fiat needs to be towed to a workshop for maintenance, breakdown assistance is helpful. This coverage is optional and can be worthwhile if you're stranded somewhere and need help.

methodology

Bankrate uses Quadrant Information Services to analyze 2021 rates for all zip codes and airlines in all 50 states and Washington, DC Coverage Limits:

  • $ 100,000 personal injury liability per person
  • $ 300,000 liability per accident
  • $ 50,000 property damage liability per accident
  • $ 100,000 personal injury from an uninsured motorist per person
  • $ 300,000 personal injury to an uninsured driver per accident
  • $ 500 deductible in case of collision
  • $ 500 deductible

In order to set the minimum coverage limits, Bankrate has used minimum coverage that meets the requirements of the individual states. Our drivers with a basic profile own a Fiat 2019 of the following model types, commute five days a week and drive 12,000 miles a year:

  • Fiat Spyder
  • Fiat 500C
  • Fiat 500L Pop
  • Fiat 500X Trekking

These are sample rates and should only be used for comparison purposes.

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