You have lots of choices when shopping for car insurance for your vehicle. You can buy direct from an insurance agent or go online to compare pricing from many different companies. Finding cheaper car insurance from online companies can be fast and easy and at the same time you may find lower rates.

If you are a novice to online car insurance shopping, it's easy to be confused by the hoards of car insurance companies selling insurance. The are a couple different ways to compare quotes from different insurance companies. By far the easiest way to find the lowest is to perform an online rate comparison. It is quite easy and can be accomplished by visiting this page.

Which factors influence ?

Insurance premiums for a 2003 can fluctuate considerably depending on several factors. Taken into consideration are:

  • Higher performance 2003 vehicles cost more
  • Accidents raise premiums
  • Home/auto policy bundles save money
  • Use of your vehicle
  • Special coverage such as replacement cost
  • Your job
  • The level of coverage
  • Whether you rent or own your home

One important consideration which can affect your rates is the age of the vehicle. Models that are a few years old have a reduced actual cash value compared to new models so repair costs tend to be lower which may result in lower rates. Conversely, newer models have more advanced features such as active head restraints, adaptive headlights, a backup camera, and tire pressure monitors which may provide discounts that lower premiums.

Liability coverage

This coverage protects you from damages or injuries you inflict on other people or property that is your fault. Liability can pay for things such as emergency aid, pain and suffering, and medical services. Coverage is generally pretty cheap so buy as high a limit as you can afford.

Collision insurance

This pays for damage to your caused by collision with an object or car. A deductible applies then your collision coverage will kick in. 2003 collision insurance is rather expensive coverage, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible to bring the cost down.

Comprehensive coverage

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection from other drivers when they do not carry enough liability coverage. Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Medical payments coverage and PIP

Med pay and PIP coverage pay for expenses like doctor visits, EMT expenses, and X-ray expenses. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage.