Drivers have lots of options when looking for the best insurance on your vehicle. You can buy from an insurance agent or get quotes online to compare pricing from insurance providers. Finding cheaper car insurance by comparing rates online saves time, is easy to do, plus you may find lower rates.

Finding the best direct price on car insurance can be difficult if you are a beginner to online quoting. But don't be discouraged because we're going to show you how. The are a couple different ways of comparing rates from different insurance companies. The best way to find the lowest is to perform an online rate comparison. This can be done by visiting this page.

Premiums are calculated by the following

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

• High performance increases premiums
• Accidents raise premiums
• Home/auto policy bundles save money
• Pleasure use vs. commuting use
• Add-on coverages such as rental reimbursement
• Your job
• The level of coverage
• Home ownership saves money

One important consideration which can affect your rates is the age of the vehicle. Models that are a few years old have a lower value compared to new models so the cost to replace them may end up costing you less. Conversely, newer vehicles have more advanced features such as a collision avoidance system, all-wheel drive, a telematics system, and tire pressure monitors which may provide discounts that lower premiums.

Auto liability insurance

This can 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. It is cheap coverage so buy as high a limit as you can afford.

Collision coverage protection

This covers 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 lower value vehicles. Another option is to increase the deductible to bring the cost down.

Comprehensive insurance

This coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay. The most your car insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it's probably time to drop comprehensive insurance.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. 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.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP kick in for immediate expenses like EMT expenses, pain medications, and nursing services. The coverages can be used in conjunction with a health insurance program or if you do not have health coverage. PIP coverage is not an option in every state but can be used in place of medical payments coverage.