While Fiat remains the largest automaker in Italy, today its cars are built both there and in other countries around the world. Its parent company Stellantis also owns the Dodge, Chrysler, Jeep, Ram, and Alfa Romeo brands. Currently, the only new car in Fiat’s Canadian showrooms is the electric 500e, while older 500, 500L or 500X cars can be found on the used market. Parts availability, repair time, vehicle value, location and driver history can all impact insurance quotes on Fiat vehicles.
See how insurance rates vary by Fiat model, by Ontario cities, and new vs. used, and how Fiat stacks up to other specialty vehicles. Find out about insuring EV parts, no depreciation coverage, and rental car and deductible provisions. Get an estimate for your Fiat.
Fiat Insurance Costs Across the Current and Used Range
Fiat’s $2,445 median annual Ontario premium is 4% above the $2,345 all-vehicle benchmark.
| Median Fiat premium (Ontario) | $2,445 |
| Fiat vs Ontario all-vehicle median | +4% |
| Cheapest Fiat model to insure in Ontario | 500e (~$2,317) |
| Most expensive Fiat model to insure in Ontario | 500X Sport AWD (~$2,566) |
| Cheapest alternatives to insure | MINI ($2,003), GMC ($2,017), Dodge ($2,026), Chevrolet ($2,083) |
Ontario Fiat Premiums by Vehicle and City
However, a 2024 500e in Kitchener costs a median of $2,141 per year to insure. That’s less than half what you’d pay to insure the 2019 model in Brampton at $4,566 per year.
Our analysis of median quotes reveals that factors like location and the driver’s history can be as important as a vehicle’s age and original value when it comes to insurance costs.
| City | Model | Model Year | List Price | Median Annual Car Insurance Premium |
|---|---|---|---|---|
| Brampton, ON | 500L Trekking | 2019 | $28,627 | $4,566 |
| Kitchener, ON | 500e | 2024 | $45,128 | $2,141 |
| Ottawa, ON | 500X Sport AWD | 2020 | $32,413 | $2,172 |
| Toronto, ON | 500 Pop | 2019 | $21,823 | $2,484 |
Is a New Fiat Priced Differently from a Used One?
Insurance on a used Fiat costs about $2,345 per year in Ontario, while insurance on a new one costs $2,519 a year to insure a Fiat 500e, $174 higher. Keep in mind that electric cars have traditionally cost a bit more to insure.
| Vehicle | Median Annual Car Insurance Premium |
|---|---|
| New Fiat | $2,519 |
| Used Fiat | $2,345 |
Fiat Compared with Specialty and Performance Brands
Keep in mind, though, that you shouldn’t use this table to conclude that very different cars are comparable. Fiat’s median insurance cost is $442 higher than MINI’s median cost and $491 lower than Alfa Romeo’s median cost. All of the other brands are more expensive luxury/exotic cars. Use this information as a benchmark to help you select alternate models from which to request insurance quotes.
| Car brand | Median Annual Car Insurance Premium |
|---|---|
| MINI | $2,003 |
| Fiat | $2,445 |
| Alfa Romeo | $2,936 |
| Porsche | $3,663 |
| Land Rover | $3,884 |
| Aston Martin | $5,003 |
| Maserati | $5,114 |
Questions About Insuring a Fiat in Ontario
What is the Ontario insurance estimate for a Fiat?
Insuring a Fiat in Ontario costs a median of $2,445 per year, based on MyChoice’s internal quote data.
Which Fiat models are sold new in Canada?
As noted on FIAT Canada’s official website, the only Fiat model available new in Canada in 2026 is the battery-electric 500e. Several used examples remain available, such as the Fiat 500 subcompact car, 124 Spider two-door coupe and the 500L and 500X subcompact SUVs.
Are Fiats safe and reliable cars?
Fiat is not typically listed in dependability studies as it’s a lower-volume brand without much data to draw from. For the same reason, the Insurance Institute for Highway Safety (IIHS) has not yet rated the current-generation Fiat 500e and testing on older models is incomplete.