You have many choices when comparing insurance rates on your vehicle. You can either buy through a local agent or go online to compare rates from insurance carriers. Buying car insurance by getting online quotes can be fast and easy, in addition you might just save a little.

If you're new to shopping for car insurance online, you may be confused by the hoards of car insurance companies vying for your business. When shopping for car insurance there are multiple ways of comparing rates from local car insurance companies. One of the best ways to compare is to get quotes online. This is very easy and can be done by comparing rates here.

Criteria which help determine

Auto insurance rates for a 2001 can vary widely depending on several factors. A few of these criteria are:

• Higher performance 2001 vehicles cost more
• Any accidents you may have
• Multiple policies can save money
• Use of your vehicle
• Optional coverages like vehicle replacement
• What you do for a living
• Your coverage level
• Owning a home can lower rates

A final factor that helps determine is the model year. Older models have a much lower replacement value in comparison to older models so repair costs tend to be lower which may result in lower rates. On the flip side, newer vehicles may have a trim level with safety features like pedestrian detection, dual-stage airbags, a rollover prevention system, and automatic crash notification which can lower rates.

Liability - This coverage can cover injuries or damage you cause to other people or property in an accident. Liability coverage pays for claims such as funeral expenses, loss of income, and emergency aid. Coverage is generally pretty cheap so consider buying higher limits if possible.

Collision coverages - Collision insurance covers damage to your caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in. 2001 collision insurance is rather expensive coverage, so you might think about dropping it from vehicles that are older. You can also bump up the deductible to get cheaper .

Comprehensive or Other Than Collision - Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by your comprehensive insurance. The maximum payout a car insurance company will pay at claim time is the ACV or actual cash value, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

Uninsured and underinsured coverage - This coverage protects you and your vehicle's occupants when other motorists either are underinsured or have no liability coverage at all. Since many 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 is very important.

Medical costs insurance - Coverage for medical payments and/or PIP pay for bills (i.e. ambulance fees, surgery, and doctor visits). They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay.