You have lots of choices when buying insurance for your vehicle. You can either buy through an agent or get quotes online to compare pricing from many different car insurance companies. Comparing car insurance through online rate quotes saves time, is easy to do and at the same time you can save money.

Using the web to shop for car insurance direct is challenging if you are a beginner to online rate quotes. Don't let that stop you because it's actually quite easy. There are several ways to compare quotes from different insurance companies. The recommended way to find the lowest involves getting comparison quotes online. It is quite easy and can be accomplished by visiting this page.

What factors determine the rate you pay?

Car insurance premiums for your 1994 will vary greatly and are calculated by many factors. Taken into consideration are:

  • High performance increases premiums
  • Your accident history
  • Home and auto can earn discounts
  • Pleasure, commuting or business use can affect rates
  • Your age
  • Being married can lower rates
  • Special coverage such as replacement cost
  • Your occupation
  • The level of coverage
  • Whether you rent or own your home

An additional factor that can impact is the year of the vehicle. Used vehicles have a reduced actual cash value than newer models so the payout to repair may end up costing you less. Conversely, newer models may have safety features such as dual-stage airbags, all-wheel drive, blind-spot warning system, and tire pressure monitors so those may provide discounts that lower premiums.

Auto liability - This protects you from damages or injuries you inflict on other's property or people. Liability insurance covers things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so you should buy as much as you can afford.

Collision coverage - This coverage pays for damage to your resulting from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Another option is to raise the deductible to bring the cost down.

Comprehensive auto coverage - Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Uninsured/Underinsured Motorist coverage - This gives you protection from other drivers when they do not carry enough liability coverage. Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Medical payments and PIP coverage - Med pay and PIP coverage kick in for expenses such as doctor visits, EMT expenses, and X-ray expenses. The coverages can be utilized in addition to your health insurance plan or if you do not have health coverage. PIP coverage is not available in all states but can be used in place of medical payments coverage.