Finding cheaper auto insurance through online providers is easy, plus you will probably save money. The key is to get rates from all companies so you can get every possible rate.

Consumers who are new to the process of buying insurance may think finding low-cost 2002 insurance is hard and time consuming. Reducing your is surprisingly easy. All that's required is to spend a few minutes on the computer comparing rates from different insurance companies. It is quite easy and can be accomplished by completing this short form.

Premiums are calculated by...

Insurance rates on a 2002 can fluctuate considerably based upon several criteria. Including but not limited to:

• Your driving record
• Credit rating impacts rates
• The size of your community
• The number of annual miles
• Men typically pay more than women
• Low deductibles cost more
• Crash test rating for your 2002
• No claims lowers premiums
• Having continuous coverage saves you money
• Home ownership saves money

One last important factor which can affect the rate you pay on your is the year of manufacture. New vehicles have a higher actual cash value so repair costs are higher which may result in higher rates. Although more recent vehicles may have options included like autonomous braking, tire pressure monitors, and lane departure warning system which may give discounted rates.

Liability auto insurance

Liability insurance will cover damage or injury you incur to people or other property that is your fault. Liability can pay for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Liability insurance is relatively cheap so purchase as high a limit as you can afford.

Collision coverage protection

This will pay to fix damage to your resulting from a collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder. Collision coverage for your 2002 can be pricey, so consider dropping it from vehicles that are 8 years or older. It's also possible to choose a higher deductible in order to get cheaper .

Comprehensive (Other than Collision)

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage. The most your auto insurance company will pay is the actual cash value, so if the vehicle's value is low it's not worth carrying full coverage.

Coverage for uninsured or 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. Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Medical expense insurance

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