Finding cheaper car insurance online can be fast and easy, plus you may find lower rates. The most important part is to get as many rate quotes as possible in order to accurately compare the lowest rate quotes.

If you are a novice to online car insurance shopping, you may be overwhelmed by the hoards of car insurance companies selling insurance. The are a couple different ways to compare rate quotes from different insurance companies. By far the easiest way to find the cheapest is to perform an online rate comparison. This can be done by getting a quick quote here.

Premiums are calculated by these things

Insurance premiums for a 2002 can fluctuate considerably depending on several factors. Including but not limited to:

• A clean driving record keeps rates low
• Credit rating impacts rates
• Male drivers pay higher rates
• The deductible you choose
• Crash test rating for your 2002
• 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 repair costs tend to be lower which may result in lower rates. Conversely, new models have more advanced features such as pedestrian detection, dual-stage airbags, and blind-spot warning system which may help offset higher rates.

Liability coverage

This coverage provides protection from 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. Coverage is generally pretty cheap so buy as high a limit as you can afford.

Collision insurance

This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in. 2002 collision insurance is rather expensive coverage, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible to bring the cost down.

Comprehensive coverage

Comprehensive insurance covers damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay. The most your car insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle's value consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either have no liability insurance or not enough. Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance pay for immediate expenses like EMT expenses, pain medications, and nursing services. They can be used to fill the gap from your health insurance program or if you do not have health coverage. Personal Injury Protection is not universally available and may carry a deductible.