Comparing car insurance through online companies saves time, is easy to do, plus you can save money. The key to finding lower rates is to get rates from all companies in order to accurately compare all possible prices.

Using the web to shop for car insurance direct can be difficult if you are a beginner to online quoting. But don't be discouraged because it's actually quite easy. There are several ways to get quotes from different insurance companies. The easiest way by far to find the cheapest involves getting comparison quotes online. This can be done by getting a quick quote here.

Rates are determined by...

Car insurance premiums on a 2002 can fluctuate considerably and are calculated by many factors. Including but not limited to:

  • Tickets increase premiums
  • Credit rating impacts rates
  • Men typically pay more than women
  • The deductible you choose
  • Crash test rating for your 2002
  • Your occupation
  • The level of coverage
  • Home ownership saves money

An additional factor that can impact is the year of the vehicle. Used vehicles have a lower value than newer models so the cost to replace them may end up costing you less. Conversely, more recent vehicles may have safety features such as active head restraints, traction control, and a rollover prevention system which may help offset higher rates.

Coverage for liability

This will cover damage or injury you incur to people or other property. Liability can pay for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. It is cheap coverage so you should buy as high a limit as you can afford.

Collision protection

This coverage will pay to fix damage to your resulting from a collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company. Collision coverage for your 2002 can be pricey, 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 coverage (or Other than Collision)

This coverage covers damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage. The most your car insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle's value it's not worth carrying full coverage.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don't have enough coverage. Because many people carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses such as EMT expenses, pain medications, and nursing services. They can be used in conjunction with a health insurance program or if you do not have health coverage. PIP coverage is only offered in select states and may carry a deductible.