You have many choices when looking for the best insurance on your vehicle. You can either contact a local agent or go online to compare rates from car insurance companies. Finding cheaper car insurance from online rate quotes can be fast and easy, in addition you might just save a little.

If you are a novice to online car insurance shopping, you may be confused by the hoards of online companies vying for your business. When shopping for car insurance there are multiple ways to compare rate quotes from local car insurance companies. The best way to compare is to perform an online rate comparison. This is very easy and can be done by comparing rates here.

Criteria which help determine car insurance premiums

Auto insurance rates paid to insure a 2002 can fluctuate considerably depending on several factors. A few of these criteria are:

• Higher performance 2002 vehicles cost more
• Accidents raise premiums
• Home/auto policy bundles save money
• How you use your vehicle
• Optional coverages like vehicle replacement
• What you do for a living
• Your coverage level
• Owning a home can lower rates

A final factor which can affect is the model year. Models that are a few years old have a much lower replacement value in comparison to older models so the costs to repair may result in lower rates. On the flip side, new models may have a trim level with safety features like an advanced theft deterrent system, forward-collision avoidance, and a backup camera which may lower rates.

Liability insurance

This coverage provides protection from injuries or damage you cause to a person or their property that is your fault. Liability can pay for claims such as funeral expenses, loss of income, and emergency aid. Coverage is generally pretty cheap so consider buying as high a limit as you can afford.

Collision coverage protection

This pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in. This coverage can be expensive, so you might think about dropping it from vehicles that are older. You can also bump up the deductible to get cheaper .

Comprehensive protection

This pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by your comprehensive insurance. The most a car insurance company will pay at claim time is the ACV or actual cash value, so if it's not worth much more than your deductible consider removing comprehensive coverage.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle's occupants when other motorists either have no liability insurance or not enough. Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical expense coverage

Medical payments and Personal Injury Protection insurance pay for bills (i.e. ambulance fees, surgery, and doctor visits). They are often used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay.