Drivers have lots of options when comparing insurance rates on your vehicle. You can get prices from your neighborhood insurance agent or get quotes online to compare rates from companies. Finding cheaper car insurance by quoting online saves time, is easy to do, plus you will probably save money.

Finding the best direct price on car insurance can be difficult if you are a beginner to online quoting. But don't let that discourage you because there is an easy way to compare rates. To find the best car insurance prices, there are several ways to get quotes from car insurance companies in your area. One of the best ways to compare is to perform an online rate comparison. This can be done by comparing rates here.

Premiums are calculated by...

Insurance rates for 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
• Use of your vehicle
• Add-on coverages such as rental reimbursement
• Your profession
• The amount of protection requested
• Home ownership saves money

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 have a lower value so repair costs tend to be lower which may end up costing you less. But more recent vehicles may have options including blind-spot warning system, sideview assist mirrors, tire pressure monitors, and pedestrian detection which may lower rates.

Liability coverages - This will cover damage or injury you incur to other people or 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 purchase as high a limit as you can afford.

Collision coverages - This will pay to fix damage to your caused by collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company. 2002 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.

Comprehensive coverages - Comprehensive insurance pays for damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage. The most your car insurance company will pay is the cash value of the vehicle, so if it's not worth much more than your deductible it's not worth carrying full coverage.

Uninsured and underinsured coverage - Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants when the "other guys" are uninsured or don't have enough coverage. Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Coverage for medical payments - Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for things like EMT expenses, pain medications, and nursing services. They are often used to fill the gap from your health insurance program or if there is no health insurance coverage. PIP coverage is only offered in select states and gives slightly broader coverage than med pay.