Comparing auto insurance online saves time, is easy to do, plus you might just save a little. The key to finding lower rates is getting rates from all companies so you can get every company's rates.

Using the web to shop for auto insurance direct can be difficult if you are a beginner to quoting online. But don't be discouraged because comparing prices is actually very simple. Getting lower is not rocket science. The only thing you need to do is invest a little time to get quotes online from several insurance companies. This can be done by completing this short form.

Rates are determined by...

Auto insurance rates on a 2003 can be significantly different and are calculated by many factors. Including but not limited to:

• Tickets increase premiums
• Better credit means lower rates
• Your location impacts rates
• The number of annual miles
• Men typically pay more than women
• Low deductibles cost more
• Crash test rating for your 2003
• Claims drive up premiums
• Having continuous coverage saves you money
• Home ownership saves money

A final factor that can impact is the model year. New vehicles have a higher value in comparison to later models so the costs to repair may end up costing you more. Although more recent vehicles may have a trim level with safety features included like a telematics system, adaptive cruise control, and anti-lock brakes that may help give discounted rates.

Liability coverage

This will cover damage or injury you incur to people or other property. Liability coverage protects against claims like pain and suffering, repair costs for stationary objects, and legal defense fees. It is cheap coverage so consider buying as large an amount as possible.

Coverage for collisions

This coverage will pay to fix damage to your resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company. Collision coverage for your 2003 can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. It's also possible to bump up the deductible in order to get cheaper .

Comprehensive coverage

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by your comprehensive insurance. The highest amount your auto insurance company will pay is the cash value of the vehicle, so if the vehicle's value is low it's not worth carrying full coverage.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they are uninsured or don't have enough coverage. Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses (i.e. EMT expenses, pain medications, and nursing services). They are used in conjunction with a health insurance policy or if you are not covered by health insurance. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage.