Finding cheaper car insurance by quoting online is easy and there is a good chance you will probably save money. The key is to take the time to get rates from all providers so you can compare all your choices.

Consumers who are new to the process of shopping for insurance may think purchasing affordable 2002 insurance is hard. To find the best car insurance prices, there are several ways of comparing rates from car insurance companies in your area. The fastest way to find the lowest is to perform an online rate comparison. This can be accomplished by visiting this page.

Insurance rates paid to insure a 2002 can vary widely based upon several criteria. Some of these factors include:

  • Your driving record
  • Credit rating
  • The size of your community
  • Annual mileage can affect rates
  • Male rates may be higher
  • Higher deductibles save money
  • Safety rating of your 2002
  • Your profession
  • The amount of protection requested
  • Whether you own your home

One last important factor which can affect the rate you pay on your is the year of manufacture. Models that are a few years old cost less so the costs to repair will push premiums down. But newer vehicles may have options including adaptive headlights, anti-lock brakes, traction control, and a telematics system which can provide discounts that lower premiums.

Liability coverages

Liability insurance can cover damage that occurs to a person or their property that is your fault. Liability coverage pays for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Liability insurance is relatively cheap so purchase higher limits if possible.

Auto collision coverage

This covers damage to your from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.

Comprehensive coverages

This will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage. The maximum payout you'll receive from a claim is the actual cash value, so if the vehicle is not worth much it's probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage gives you protection when the "other guys" 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, it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for things like nursing services, prosthetic devices, and dental work. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. PIP is not an option in every state but can be used in place of medical payments coverage.