You have many choices when attempting to insure your vehicle. You can buy direct from an insurance agent or shop online to compare rates from companies. Finding cheaper car insurance by quoting online is easy, in addition you may find lower rates.

Consumers who are new to the process of comparing rates may think purchasing cut-rate 2004 insurance is hard. The are a couple different ways to compare rate quotes from local car insurance companies. The fastest way to compare is to perform an online rate comparison. This is very easy and can be done by comparing rates here.

Criteria which help determine your insurance rates

Insurance premiums for your 2004 can vary widely based upon several criteria. A few of these criteria are:

  • The performance level of your 2004
  • Any accidents you may have
  • Home/auto policy bundles save money
  • Pleasure, commuting or business use can affect rates
  • Optional coverages like vehicle replacement
  • Your job
  • Your coverage level
  • Owning a home can lower rates

One important consideration which can affect your rates is the age of the vehicle. Models that are a few years old have a much lower replacement value compared to new models so the payout to repair will push premiums down. On the flip side, new models have more advanced features like adaptive headlights, anti-lock brakes, traction control, and a telematics system which can lower rates.

Liability coverages

Liability insurance provides protection from injuries or damage you cause to other's property or people that is your fault. Liability coverage pays for claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so buy higher limits if possible.

Auto collision coverage

This pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. You can also increase the deductible to get cheaper .

Comprehensive coverages

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if it's not worth much more than your deductible consider removing comprehensive coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle's occupants when other motorists either have no liability insurance or not enough. Since a lot of drivers only carry the minimum required liability limits, it doesn't take a major accident to exceed their coverage limits. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for bills like ambulance fees, surgery, and doctor visits. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. PIP is not universally available and gives slightly broader coverage than med pay.