Victoria Berezhetska What FIAT 500‘s Features Are Important To Know for Auto Insurance Consumers?
1. Car's Value:
- Newer FIAT 500 models cost more to insure.
- More expensive editions like FIAT 500 Abarth attract high premiums.
2. Driver's Profile:
- Younger drivers under 25 face developed charges.
- Drivers with clean records get lower rates.
3. Location:
- Urban areas with high traffic increase the risk of accidents.
- Regions with high theft rates also contribute to raised insurance costs.
4. Coverage Level:
- Higher levels of protection result in higher premiums.
- Adding extra coverages like collision or comprehensive also increases the cost.
5. Car's Safety Rating:
- FIAT 500 has a four-star NHTSA safety rating.
- Cars with better safety ratings often have lower insurance costs.
6. Car's Performance:
- FIAT 500's modest horsepower reduces insurance rates.
- High-performance cars usually attract more substantial insurance costs.
7. Annual Mileage:
- Drivers with high annual mileage pay more.
- Less usage reduces the risk of accident and subsequently the cost.
Main Factors Affecting FIAT 500‘s Insurance Cost
The FIAT 500 is compact and fuel-efficient. It has a sleek design with comfortable seating. It's available in various trims for customization. Safety features include seven airbags and stability control. The car is equipped with parking sensors and a rear-view camera. A 1.4-liter four-cylinder engine powers the car. It has a five-speed manual or six-speed automatic transmission. The car's compact size fits any parking slot. Its fuel economy rating is 28 city/33 highway mpg. However, it has a low predicted reliability rating. The car also lacks some advanced safety features. Its tight rear seats may not suit larger passengers. Insurance rates depend on various factors. These include the model, age of the car, and driver's history. The FIAT 500's insurance cost is manageable due to its small size and engine.
How To Get FIAT 500 Insurance Quotes?
Examine the elements influencing your FIAT 500's insurance based on its prime characteristics. Please take a moment to complete our online insurance form. Get instant quotes and secure your vehicle's coverage. If you need, assistance from our insurance experts is readily available. Experience easy, efficient online insurance transaction for your FIAT 500.
Victoria is a Senior Content Writer at American REIA. She helps customers find the right educational material through easily-digestible blog posts and buying guides backing their insurance coverage choice. Victoria covers the latest industry news and various insurance topics, including auto, home, health, and life insurance.
