Comparing auto insurance by getting online quotes saves time, is easy to do, in addition you might just save a little. The key to finding lower rates is to get rates from all providers in order to accurately compare every option.

Using the web to shop for auto insurance direct can be complicated if you are a beginner to online quoting. But relax because comparing prices is actually very simple. Finding a lower price on 2003 insurance can be relatively painless. You just have to take a little time to get quotes online from several insurance companies. This can be done by getting a quick quote here.

Criteria which help determine car insurance premiums

Auto insurance rates paid to insure a 2003 can fluctuate considerably and are calculated by many factors. A few of these criteria are:

• Tickets increase premiums
• Credit rating impacts rates
• Your location impacts rates
• Annual mileage can affect rates
• Men typically pay more than women
• The deductible you choose
• NTSB crash rating for your vehicle
• Claims drive up premiums
• Maintaining coverage lowers rates
• Owning a home can lower rates

A final factor that can impact is the model year. Models that are new have a higher value in comparison to later models so the costs to repair may result in higher rates. But more recent vehicles may have a trim level with safety features including a telematics system, dual-stage airbags, a rollover prevention system, and a collision avoidance system which may help offset higher rates.

Liability

This will cover injuries or damage you cause to a person or their property. Liability can pay for claims such as funeral expenses, loss of income, and emergency aid. It is cheap coverage so consider buying as high a limit as you can afford.

Collision coverage

This coverage will pay to fix damage to your from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Comprehensive or Other Than Collision

This covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by your comprehensive insurance. The most a auto insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle's value it's not worth carrying full coverage.

Uninsured Motorist or Underinsured Motorist insurance

This coverage provides protection when the "other guys" are uninsured or don't have enough coverage. Because many people carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for bills (i.e. ambulance fees, surgery, and doctor visits). They can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. PIP coverage is only offered in select states and may carry a deductible.