Comparing car insurance through online companies is easy and at the same time you may find lower rates. The key is to compare as many rate quotes as possible so you can get every option.

Beginners to comparison shopping may think buying cheap 2002 insurance is difficult. The are a couple different ways to compare quotes from car insurance companies in your area. The quickest method to find competitive involves getting comparison quotes online. It is quite easy and can be accomplished by completing this short form.

What factors impact the rate you pay?

Insurance premiums for a 2002 will vary greatly based upon several criteria. Taken into consideration are:

• Your driving record
• Your credit history
• Your location impacts rates
• How many miles you drive
• Your gender can raise or lower rates
• Low deductibles cost more
• Your vehicle's safety rating
• Your job
• The amount of protection requested
• Whether you rent or own your home

One important consideration that can impact your rates is the age of the vehicle. Used vehicles have a reduced actual cash value compared to new models so repair costs tend to be lower which will push premiums down. But newer models have more advanced features including a telematics system, adaptive cruise control, and traction control so those may give discounted rates.

Coverage for liability

Liability insurance protects you from damages or injuries you inflict on other people or property. Liability insurance covers things such as emergency aid, pain and suffering, and medical services. Liability insurance is relatively cheap so buy as much as you can afford.

Collision coverage

This coverage pays for damage to your caused by collision with an object or car. You have to pay a deductible and then insurance will cover the remainder. 2002 collision insurance is rather expensive coverage, so consider dropping it from lower value vehicles. It's also possible to increase the deductible to save money on collision insurance.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle's value is low consider dropping full coverage.

Uninsured Motorist or Underinsured Motorist insurance

This protects you and your vehicle when the "other guys" do not carry enough liability coverage. Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Insurance for medical payments

Med pay and PIP coverage provide coverage for expenses like doctor visits, EMT expenses, and X-ray expenses. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage.