There are many options when trying to insure your vehicle. You can either buy through a local agent or shop online to compare rates from multiple companies. Buying auto insurance online is easy and there is a good chance you might just save a little.

People who are new to shopping for insurance may think shopping for cut-rate 2004 insurance is very challenging. Finding a lower price on 2004 insurance is not rocket science. You just have to take a little time to get quotes from different insurance companies. This can be accomplished by comparing rates here.

Auto insurance rates for your 2004 can be significantly different based upon several criteria. Some of these factors include:

  • The performance level of your 2004
  • How many accidents you have had
  • Multiple policies can save money
  • Pleasure, commuting or business use can affect rates
  • Extra coverages like towing and rental
  • Claims drive up premiums
  • Maintaining coverage lowers rates
  • Whether you own your home

A final factor that helps determine is the model year. Newer models cost more in comparison to later models so repair costs are higher which may end up costing you more. But newer vehicles may have a trim level with safety features including sideview assist mirrors, pedestrian detection, lane departure warning system, and tire pressure monitors that may help lower rates.

Liability coverage

Liability insurance can cover damage that occurs to other's property or people in an accident. Liability coverage protects against things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Liability insurance is relatively cheap so consider buying as large an amount as possible.

Collision coverage

Collision insurance covers damage to your resulting from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also bump up the deductible to save money on collision insurance.

Comprehensive coverage

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by your comprehensive insurance. The highest amount you'll receive from a claim is the actual cash value, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage protects you and your vehicle's occupants when the "other guys" either are underinsured or have no liability coverage at all. Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses (i.e. nursing services, prosthetic devices, and dental work). They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. PIP is not an option in every state and gives slightly broader coverage than med pay.