About Fiat Car Insurance
While enthusiasts have imported Fiats to Canada for years, local Fiat dealers are a more recent development. As this brand grows in popularity, so does interest in car insurance for Fiats. If you’re now a proud Fiat owner, the first thing you need is quality insurance to protect your investment.
At MyChoice, you can easily compare quotes from Canada’s top insurance providers to find the best coverage at the lowest possible rate—all in three minutes or less. Just fill in your postal code and complete the short form above to get started.
How Much Does it Cost to Insure Your Fiat in Canada?
On average, it costs around $1,207 per year to insure your Fiat in Canada. The price will vary depending on your Fiat model, year make, region you’re living in and your driving history.
Here’s how much it would cost you on average to insure your Fiat in the following cities in Canada:
| CIty | Average Annual Insurance Premium |
|---|---|
| Vaughan, ON | $2,295 |
| Toronto, ON | $2,006 |
| London, ON | $1,551 |
| Burlington, ON | $1,487 |
| Guelph, ON | $1,540 |
| North Bay, ON | $1,359 |
| Edmonton, AB | $1,324 |
| Airdrie, AB | $1,363 |
| Gatineau, QC | $518 |
| Corner Brook, NL | $1,049 |
| Moncton, NB | $852 |
| Halifax, NS | $1,242 |
How Fiat Car Insurance Costs Compare to Similar Vehicle Brands
When selecting a vehicle, many potential buyers often weigh the insurance rates of different brands, including Fiat, against each other. Insurance costs can significantly influence the decision-making process.
Based on internal customer quote data, Fiat’s average annual insurance premium of $1,207 places it between competitors like Mini and Kia while remaining lower than Toyota and Hyundai. This positions Fiat as a moderately priced option within the market. Here’s a brief comparison:
Fiat Car Insurance Rates Through The Years
Fiat vehicle insurance rates have fluctuated over the past few years, with significant changes in recent years. After a sharp drop from $1,298 in 2022 to $1,041 in 2023, rates stabilized around $1,207 in 2024.
Fiat Car Insurance Rates by Model & Year Make
When insuring your Fiat, the model you choose significantly impacts the insurance rates. Our detailed analysis below provides a comprehensive view of the insurance costs for various Fiat models from different years.
A Brief History of Fiat
The Fiat (Fabbrica Italiana di Automobili Torino) company began in 1899 in Italy, producing just 24 cars by 1900. No one could have guessed just ten years later, Fiat would be the largest car company in Italy, building its first production facility in North America that same year. At that time, Fiats were luxury cars that were out of reach for the average buyer.
In 2014, the Fiat Automobile Company took advantage of the auto industry bailout in the United States and acquired a controlling interest in the Chrysler Corporation. The Fiat Chrysler brand now owns several everyday auto brands, including Dodge, Chrysler, Jeep, and Ram Trucks, as well as some higher-end brands such as Alfa-Romeo, Lancia, and Maserati.
Fiat Insurance FAQs
What are the most popular Fiat vehicles?
There are several popular Fiat models in Canada. For buyers who want a new Fiat in Canada, three models are available: the Fiat 124 Spider, the Fiat 500L, and the Fiat 500X.
Other popular Fiat vehicles that are still on the road in Canada include the Fiat 500e, Fiat 500, Fiat Cabrio, Fiat Abarth, Fiat 500C, and the Fiat Hatch. Of these, the Fiat 500X is probably the most popular. It is one of the best-selling SUVs in Canada.
What is the cheapest Fiat model to insure in Canada?
The 2020 Fiat 500 Abarth Spider is the least expensive model to insure in Canada, with an average annual premium of $973.
Do Fiat’s have a good safety rating?
The National Highway Traffic Safety Administration (NHRSA) rates vehicles for safety in Canada. Because Fiat vehicles are relatively new to Canada, safety information is not yet available for many models.
The NHTSA does provide rating information for several years of the Fiat 500E HB FWD. This vehicle is rated four out of five stars for several safety categories, including overall safety, frontal crash safety, side crash safety, and rollover safety.
Fiat vehicles come with many safety features such as antilock brakes, front impact, knee, side, and overhead airbags, stability control, traction control, daytime running lights, blind-spot monitoring, restraint systems, child seat anchors, tire pressure monitoring, and post-collision safety system.
Based on the available data, Fiats have a good safety rating overall.