Find Affordable Fiat 500 Insurance in Chicago

Insurance rates Fiat 500 in ChicagoWant to know how to find more competitive Fiat 500 insurance in Chicago? Have you fallen victim to an underperforming, overpriced insurance policy? Don’t sweat it because many Chicago consumers are in the same pinch.

A recent study showed that the majority of drivers have bought insurance from the same company for more than four years, and nearly the majority have never quoted insurance rates at all. With the average premium in Illinois being $1,500, drivers could save nearly $600 every year by just comparing quotes, but they think it’s difficult to save money by comparing rate quotes. Insurance companies such as Allstate and Progressive all claim big savings with fancy advertisements and consumers find it hard to not get sucked in by the cute commercials and effectively compare rates to find the best deal.

It’s a great practice to quote other rates at least once a year since prices fluctuate regularly. Despite the fact that you may have had the best deal on Fiat 500 insurance in Chicago a couple years back you can probably find a lower rate today. Ignore everything you know about insurance because you’re about to find out the fastest way to buy cheaper Fiat 500 insurance in Chicago.

Best companies for competitive Fiat 500 insurance in Illinois

The companies shown below have been selected to offer free rate quotes in Chicago, IL. If the list has multiple companies, we suggest you click on several of them in order to get a fair rate comparison.

Discounts can help lower premiums on Fiat 500 insurance in Chicago

Insuring your vehicles can cost a lot, but there could be significant discounts that can help lower your rates. Some discounts will apply when you purchase, but some need to be asked for before you will receive the discount. If you are not receiving all the discounts available, you could be saving more on your auto insurance.Auto insurance discounts

A little note about advertised discounts, most discount credits are not given to the whole policy. Some only reduce the cost of specific coverages such as collision or personal injury protection. If you do the math and it seems like you could get a free auto insurance policy, you won’t be that lucky.

A list of companies and a selection of discounts are detailed below.

When quoting, ask each company or agent to give you their best rates. Some credits might not apply in every state. If you would like to view insurance companies with significant discounts in Illinois, click here to view.

How to Lower Your Insurance Premiums

One of the most helpful ways to save on auto insurance is to to have a grasp of the different types of things that are used to determine your policy premiums. If you understand what determines premiums, this allows you to make educated decisions that could result in lower auto insurance prices.

Rental and towing coverage may not be needed – There are a lot of optional add-on coverages that sound like a good idea at the time if you aren’t careful. Insurance for rental car coverage, towing coverage, and extra life insurance coverage are examples of these. They may seem like a good idea when talking to your agent, but if you’ve never needed them in the past remove them from your policy.

Save by driving cars with good safety ratings – Vehicles with good safety scores cost less to insure. Vehicles engineered for safety help reduce the chance of injuries in an accident and lower injury rates means lower claim amounts and thus lower rates. If the Fiat 500 has at least an “acceptable” rating on the Insurance Institute for Highway Safety website you may pay a lower rate.

Get cheaper costs after the wedding – Having a wife or husband may cut your premiums when shopping for auto insurance. Marriage generally demonstrates drivers are more mature than a single person and insurance companies reward insureds because married drivers tend to have fewer serious accidents.

Teen drivers are expensive to insure – Drivers with little experience are statistically proven to be easily distracted when driving with friends so they pay higher auto insurance rates. Older insureds are more responsible, tend to cause fewer accidents, and usually have better credit.

Fiat 500 claim statistics – Car insurance companies analyze historical claim data to determine a rate that will be profitable for them. Vehicles that are shown to have a trend towards higher claims will cost more for specific coverages. The next table illustrates the insurance loss data for Fiat 500 vehicles.

For each policy coverage, the claim probability for all vehicles averaged together is set at 100. Values that are under 100 indicate better than average losses, while numbers shown that are more than 100 indicate a higher chance of having a claim or a tendency for claims to be larger.

Car Insurance Loss Data for Fiat 500 Models

Vehicle 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
Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Auto insurance agents near you

Many people would prefer to have an agent’s advice and often times that is recommended Insurance agents will help you protect your assets and give you someone to call. The best thing about comparing auto insurance online is that you can obtain the best rates but still work with a licensed agent. Buying from local insurance agencies is important particularly in Chicago.

Insurance agency in ChicagoBy using this quick form, the coverage information is submitted to local insurance agents that can provide free Chicago auto insurance quotes and help you find cheaper coverage. It makes it easy because there is no need to find an agent due to the fact that quote results will go to you. If you have a need to compare prices from a specific company, just visit that company’s website and fill out the quote form the provide.

If you are wanting to find a local Chicago insurance agent, it’s helpful to know the different agency structures that you can select. Auto insurance agents in Chicago can be categorized as either exclusive or independent. Either one can write auto insurance policies, but it’s good to learn how they are different since it can affect the kind of agent you use.

Independent Auto Insurance Agents (or Brokers)

Agents that choose to be independent often have affiliation with several companies so they can quote policies with an assortment of companies and possibly get better coverage at lower prices. If your premiums go up, your agent can just switch to a different company and the insured can keep the same agent. When searching for an agent, we recommend you get several quotes from at least one independent agent so that you can do a thorough price comparison.

Below is a list of independent agencies in Chicago that may be able to give competitive price quotes.

330 S Wells St #1600Chicago, IL 60606(312) 427-1777View Map

2302 W Belmont AveChicago, IL 60618(773) 525-7500View Map

4806 N Milwaukee AveChicago, IL 60630(773) 202-9666View Map

More Chicago agents

Exclusive Agencies

These type of agents write business for a single company and examples are State Farm, Allstate, and Farm Bureau. Exclusive agents cannot compare rates from other companies so if the price isn’t competitive there isn’t much they can do. Exclusive agents are well trained on the products they sell which aids in selling service over price.

Listed below is a list of exclusive agents in Chicago that can give you price quote information.

725 W 31st StChicago, IL 60616(312) 791-1200View Map

3338 W Foster AveChicago, IL 60625(773) 604-4334View Map

1345 W Taylor StChicago, IL 60607(312) 455-0675View Map

More Chicago agents

Finding the right insurance agency requires you to look at more than just the price. Below are some questions you should ask.

Can you really save if you switch?

Illinois drivers can’t avoid all the ads that promise big savings from companies such as Progressive, Allstate and GEICO. All the ads state the claim that drivers will save a bundle if you just switch your coverage to them.

How is it possible that every company can sell you cheaper insurance coverage? It’s all in the wording.

Most companies require specific criteria for the type of customer that will be a good risk. One example of a preferred risk could be over the age of 45, has no driving citations, and drives less than 10,000 miles a year. Any customer that hits that “sweet spot” will get the preferred auto insurance rates in Chicago and therefore will save a lot of money.

Drivers who are not a match for this stringent profile will probably have to pay a more expensive rate which results in the prospect going elsewhere. If you listen to the ad wording, they say “drivers that switch” not “everybody who quotes” will save that much if they switch. That’s why insurance companies can confidently advertise the way they do.

This really illustrates why drivers should get Chicago auto insurance quotes from several different companies. It is impossible to predict which company will have the best Fiat 500 insurance in Chicago.

Don’t give up on cheaper rates

Cost effective Fiat 500 insurance is attainable online and from local insurance agents, and you need to comparison shop both in order to have the best chance of saving money. A few companies may not provide rates over the internet and these smaller companies prefer to sell through independent agencies.

As you quote Chicago auto insurance, do not reduce coverage to reduce premium. In many cases, an accident victim reduced uninsured motorist or liability limits only to regret that they should have had better coverage. Your strategy should be to purchase plenty of coverage for the lowest price, but do not skimp to save money.

More detailed auto insurance information is located at these sites: