Comparing auto insurance by comparing rates online saves time, is easy to do and there is a good chance you can save money. The key to finding lower rates is to get as many rate quotes as possible in order to accurately compare the lowest prices.

Using the web to shop for auto insurance direct can be a challenge if you are a beginner to online quoting. But don't let that discourage you because it's actually quite easy. Cutting your can be quick and easy. Drivers just need to take a couple of minutes getting comparison quotes online from several insurance companies. This can be done by getting a quick quote here.

Car insurance premiums for a 2003 can fluctuate considerably and are calculated by many factors. Some of these factors include:

• Tickets increase premiums
• Credit rating impacts rates
• Male drivers pay higher rates
• The deductible you choose
• Safety rating of your 2003
• Your claim history
• No coverage lapses saves money
• Whether you own your home

An additional factor that can impact is the year of the vehicle. Models that are new have a higher value than older models so the costs to repair may result in higher rates. Conversely, new models may have safety features such as automatic crash notification, sideview assist mirrors, blind-spot warning system, and all-wheel drive which may help offset higher rates.

Auto liability insurance - This provides protection from damage that occurs to other people or property. Liability can pay for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. It is cheap coverage so you should buy as high a limit as you can afford.

Collision - This coverage pays to fix your vehicle from damage caused by collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company. 2003 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Comprehensive insurance - Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage. The most you'll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle's value consider removing comprehensive coverage.

UM/UIM Coverage - Your UM/UIM coverage provides protection from other drivers when they either have no liability insurance or not enough. Because many people carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Med pay and Personal Injury Protection (PIP) - Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses such as nursing services, prosthetic devices, and dental work. They can be used to fill the gap from your health insurance program or if you do not have health coverage. PIP coverage is not universally available and may carry a deductible.