Fiat 500 Car Insurance

Fiat 500 Car Insurance

Fun, fashionable and reliable – a Fiat 500 is the perfect run around for both new and experienced drivers. Ideal for towns and cities, it’s small and compact size makes it great for going out to socialise and short drives to work.

However, if your Fiat 500 breaks down, is involved in an accident or is stolen, you need an appropriate car insurance policy in place to keep you protected. Without it, you may be liable to pay. Plus, of course, it is a legal requirement…

Which type of insurance should I choose for my Fiat 500? 

There are three types of insurance – third party, third party, fire and theft (TPFT) and Comprehensive. Third party is the most basic level and the minimum legal requirement. It, as the name suggests, only covers damage and injury to third parties. TPFT includes this and if your car is stolen or damaged by fire. Comprehensive covers all of this and damage to your car. 

What can I add on to my Fiat 500 insurance?

You can add cover to your policy that protects things like accidental damage, misfuelling, lost keys, and vandalism. If you’re driving abroad, you can also add European cover to your UK policy. There is also additional protection to do with uninsured drivers. This means that if you’re involved in an accident with an uninsured driver – and it wasn’t your fault – you won’t need to pay.  

What is motor breakdown cover?

Motor breakdown insurance can be added to your policy and will cover you if your vehicle breaks down. There are a few different types including those that have roadside assistance, roadside repair and a courtesy car.

Are Fiat 500s cheap to insure?

As a small city car, Fiat 500s are relatively affordable to buy, run and insure. Insurance costs will depend on personal factors and driving experience though. Cars are rated in terms of insurance groups from 1-50, with group 1 being the cheapest to insure. Typically, Fiat 500s fall between group 5-15. This means they are in the lowest third.

Is a Fiat 500 a good first car?

Yes, Fiat 500 often features on lists of the most affordable cars to insure making it a great option for a first car. 

Will my age affect my Fiat 500 insurance cost? 

Yes, your age will affect how much Fiat 500 insurance costs. Usually drivers under 24 years of age will have the highest rates. Once you turn 25, auto premiums will begin to drop though. Drivers between the ages of 40 and 50 usually have the lowest rates of insurance. 

How can I save money on my Fiat 500 insurance?

Shopping around for insurance quotes is the best way to get a good deal. However, there are a few strategies that can help you to save. These include purchasing an older model, ensuring your car is parked off street overnight and buying a Fiat 500 that has anti-theft devices and anti-lock brakes.