How Much Is Fiat Insurance by Model?
Discover how much you can expect to pay to insure your Fiat.
Written by
Ann Herro has been writing about insurance and employee benefits for over 15 years. She has covered topics as easy as insuring a car, and as difficult as transparency in healthcare costs.
Fiat Automobiles is the largest automobile manufacturer in Italy, and at one time, was the largest automobile manufacturer in Europe and the third in the world after General Motors and Ford.
Fiat Automobiles has received nine European Car of the Year awards, and its vehicles have many times ranked as producing the lowest level of carbon dioxide emissions among vehicles sold in Europe. Fiat in 2020 discontinued its models sold in North America but is set to release a new model in 2024.
If you want to protect your investment in a Fiat automobile, you’ll need the best car insurance you can find for your budget.
The average cost of Fiat insurance per year is $1,235.22. This is lower than the national average cost of car insurance, which is $1,311 per year.
Here’s a guide to Fiat insurance costs by model and top-rated insurance companies. With the help of a local independent insurance agent, you can get quotes from multiple companies so you can get the coverage you need that fits your budget.
In this article:
How Much Does a Fiat Cost to Insure by Model?
Are Fiats Expensive to Insure?
Why Do Insurance Costs Differ Between Fiat Models?
How Much Is Car Insurance for a Fiat 124 Spider?
How Much Is Car Insurance for a Fiat 500X?
What Other Factors Affect Fiat Insurance Costs?
How to Save the Most Money on Fiat Insurance
How Much Does a Fiat Cost to Insure by Model?
Many factors influence car insurance costs, including the car’s make and model. It’s common for two different Fiat models to have different car insurance premiums depending on the unique characteristics of each model.
We compared quotes for some popular Fiat models to give you an idea of how much each one costs to insure.
| Fiat Model | Average Cost of Car Insurance Per Year |
|---|---|
| Fiat 124 Spider | $1,273.60 |
| Fiat 500X | $1,196.83 |
An independent insurance agent near you can help you find affordable car insurance for whatever type of Fiat you drive.
Are Fiats Expensive to Insure?
The cost of car insurance for your Fiat depends on the model that you choose. In addition, the cost of Fiat insurance varies by location, driving history, coverage options, and deductibles.
We compared popular Fiat models and found that, in general, the price of car insurance for a Fiat is lower than the national average, likely because the Fiat models we reviewed are relatively inexpensive vehicles.
Why Do Insurance Costs Differ Between Fiat Models?
Car insurance costs differ by model due to several factors. In general, insurance costs are lower for any car that is considered to be at a lower risk for accidents or is less expensive to repair.
Likewise, a car that has a powerful engine or has low safety ratings would be more expensive to insure because of the increased likelihood of an accident or extensive damage.
In Fiat’s case, its models are relatively inexpensive to purchase, which is typically reflected in lower insurance premiums.
How Much Is Car Insurance for a Fiat 124 Spider?
We found that the Fiat 124 is the most expensive Fiat model to insure, with an average premium rate of $1,273.60 per year. Here's a look at some average insurance costs for this model from top-rated insurance carriers.
| Insurance Companies | Average Annual Cost |
|---|---|
| Nationwide | $1,013 |
| Vermont Mutual | $1,072 |
| Erie | $1,408 |
| USAA | $1,424 |
| Arbella | $1,451 |
| Average cost to insure per month: | Average cost to insure per year: |
|---|---|
| $106.13 | $1,273.60 |
How Much Is Car Insurance for a Fiat 500X?
The Fiat 500X has an average insurance premium of $1,196.83 per year. It’s the least expensive Fiat model to insure among the two that we reviewed.
| Insurance Companies | Average Annual Cost |
|---|---|
| Vermont Mutual | $995 |
| Nationwide | $1,028 |
| Erie | $1,222 |
| USAA | $1,290 |
| Progressive | $1,306 |
| Arbella | $1,340 |
| Average cost to insure per month: | Average cost to insure per year: |
|---|---|
| $99.74 | $1,196.83 |
What Other Factors Affect Fiat Insurance Costs?
The make and model of your car are two of the most important factors for determining your car insurance premiums. But numerous other factors also play a role in your car insurance premiums, including:
- Your age, gender, and marital status
- Your credit score
- Where you live
- The amount of coverage and deductible that you choose
Every insurance company has its own proprietary method for calculating insurance rates, which is why you’ll see a range of premiums for the same make and model. However, most companies also offer a wide range of car insurance discounts that can help you save money on your car insurance premiums.
An independent insurance agent can help you find the best rates in your area and can help you make sure that you take advantage of all the discounts for which you are eligible.
FAQs about Fiat Insurance
Fiat insurance is less than the national average of $1,311 per year. We compared two Fiat models and found that the average cost of insurance coverage is $1,235.22 per year.
Your exact premiums will be higher or lower than the Fiat average, depending on the unique characteristics of the car you purchase and your other personal risk factors.
We found that the Fiat 124 Spider is the most expensive model to insure. The average annual insurance cost for a Fiat 124 Spider, according to our research, is $1,273.60
The Fiat 500X is the cheapest Fiat model to insure, according to our research. The average cost to insure a 500X is $1,196.83 per year, which is well below the national average car insurance premium of $1,311.
How to Save the Most Money on Fiat Insurance
You can save the most money on Fiat insurance by enlisting the help of an independent insurance agent in your area. Independent agents can compare coverage and quotes from multiple insurance companies, allowing you to choose the car insurance policy that’s best for your needs and budget.
Your agent will also help you maximize the discounts that you can apply to your premium, getting you the best possible rate.
www.thezebra.com/auto-insurance/vehicles/fiat/124-spider/
www.thezebra.com/auto-insurance/vehicles/fiat/500x/