Who is Fiat?
FIAT is an iconic Italian car manufacturer founded in 1899 in Turin, Italy. Known for its compact cars and innovative designs, FIAT has become synonymous with style, efficiency, and affordability. The brand gained global recognition with models like the FIAT 500, which blends retro charm with modern technology.
Over the years, FIAT has expanded its offerings, including family-friendly vehicles and eco-friendly options; reflecting its commitment to sustainability. With a rich heritage and a reputation for producing reliable vehicles, FIAT continues to capture the hearts of drivers around the world.
How Much Does a FIAT Cost to Insure?
The cost of insuring a FIAT can look different for everyone. This is because every driver's circumstances are different and certain variables will determine how much you'll be expected to pay. For instance, the type of FIAT you drive, together with your age, gender, driving history, and any no-claims bonus you might have built will greatly influence your premium. In the table below, we've outlined the price differences between the most popular Fiat models.
Model | Average Price |
---|---|
FIAT 500 | £685 |
FIAT Panda | £595 |
FIAT Punto | £596 |
FIAT Bravo | £575 |
FIAT Abarth 500 | £664 |
FIAT Abarth 595 | £1,220 |
FIAT 500 X | £662 |
FIAT Doblo | £552 |
FIAT Fiorino | £679 |
FIAT Pulse | £516 |
FIAT Tipo | £552 |
How Can I Get Cheaper FIAT Car Insurance?
No one wants to pay more than they have to for car insurance! To reduce the cost of your FIAT insurance premiums, whether you drive a FIAT 500 or a FIAT Multipla, consider the following tips:
- Always compare quotes: Comparing as many car insurance quotes as possible is key to finding lower premiums for your FIAT. Additionally, drivers who are looking to switch providers each year can also take advantage of the latest deals and offers available to new customers.
- Consider a telematics policy: Insurance providers reward good drivers with lower premiums and one way to prove you're a good driver is to consider a telematics policy. This small black box will be installed in your vehicle and will monitor your driving habits. If you're recorded as a safe driver with good habits, you can expect discounts on your insurance. This kind of policy is ideal for younger drivers who may find insurance costs high due to being perceived as high-risk.
- Drive less: When you spend a lot of time on the road, you’re perceived as being at higher risk of an accident and making a claim. Therefore, reducing your annual mileage can help lower your insurance costs. However, it’s crucial to be honest when declaring your annual mileage; if you deliberately underestimate it, you could invalidate your insurance.
- Increase your voluntary excess: Increasing your voluntary excess means paying more upfront when you need to make a claim. A higher excess often results in lower insurance premiums, just make sure your excess is realistic.
- Add another driver: If you can add another driver to your policy (someone who has a good driving history and no claims), the overall risk of a claim decreases significantly, which can result in lower premiums.
What Factors Influence the Cost of FIAT Car Insurance?
There are lots of factors that will influence the cost of your car insurance. To ensure your quote is accurate and appropriate for your circumstances, insurance providers consider these variables:
- Your insurance group: Car insurance groups are used by insurance companies to assess the risk of driving each vehicle. Ranging from 1-50, the lower the number, the lower your insurance will be. The group your FIAT falls into will influence your premiums, for example, the FIAT 500 is in group 1-3 (depending on the model) and can be relatively inexpensive to insure, while the FIAT 500X is in insurance group 10-21 (depending on the model) which would incur a higher cost.
- Where you live: If you're someone who lives in the countryside, then many insurance providers may consider your car to be at lower risk of theft, damage or an accident. However, if you live in a built-up urban area, the risk is perceived to be higher and this will be reflected in your premiums.
- Type of cover: Whether you're looking at cover for classic FIAT cars or need fully comprehensive insurance, the policy type you require will also influence your premiums.
- Your age: Younger drivers typically face higher premiums because they have less experience on the road compared to older drivers who have a more extensive driving history. Therefore, this will be reflected in your insurance costs.
- Car modifications: Modifications to your FIAT can incur higher insurance costs. If you make changes that impact your FIAT's performance or aesthetics, then you're increasing its risk profile. These changes can put drivers at higher risk of an accident or make their vehicles more appealing to thieves.
- Your claims history: If you're a good driver who has a history of no claims you can expect this to be reflected in your insurance costs. Drivers who have made claims in the past are perceived as high-risk and will see higher premiums.