Finding cheaper car insurance by getting online quotes is easy, in addition you will probably save money. The key is getting rates from all companies in order to accurately compare the lowest priced insurance.

Consumers who are new to the process of comparing rates may think shopping for low-cost 2002 insurance is nearly impossible. To find the best car insurance prices, there are several ways to get quotes and find the best price. The best method to find the cheapest is to perform an online rate comparison. This is very easy and can be done by getting a quick quote here.

Criteria which help determine insurance rates

Insurance rates on a 2002 can be significantly different based upon several criteria. A few of these criteria are:

• Your driving record
• Better credit means lower rates
• Men typically pay more than women
• The deductible you choose
• NTSB crash rating for your vehicle
• Your profession
• Insurance coverage level
• Owning a home can lower rates

One last important factor which can affect the rate you pay on your is the year of manufacture. Models that are a few years old have a much lower replacement value so the cost to replace them will push premiums down. Although more recent vehicles may have options included like lane departure warning system, pedestrian detection, and tire pressure monitors that may help help offset higher rates.

Liability - Liability insurance will cover injuries or damage you cause to people or other property that is your fault. Liability coverage protects against claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so purchase as large an amount as possible.

Collision coverage - This will pay to fix damage to your resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder. Collision coverage for your 2002 can be pricey, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible in order to get cheaper .

Comprehensive or Other Than Collision - This coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage. The highest amount a car insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle's value it's not worth carrying full coverage.

Uninsured/Underinsured Motorist coverage - This coverage provides protection from other motorists when they are uninsured or don't have enough coverage. Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Medical costs insurance - Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for things like ambulance fees, surgery, and doctor visits. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. PIP is only offered in select states and may carry a deductible.