Drivers have lots of options when finding cheaper insurance coverage on your vehicle. You can either contact an insurance agent or shop online to compare rates from a lot of car insurance companies. Buying car insurance through online companies is easy, plus you may find lower rates.

People who are new to buying insurance may think purchasing cut-rate 2006 insurance is difficult. The are a couple different ways to compare quotes from car insurance companies in your area. The easiest way by far to compare is to get quotes online. This can be done by comparing rates here.

Rates are impacted by these factors

Insurance premiums for your 2006 can vary widely based upon several criteria. Including but not limited to:

  • The performance level of your 2006
  • Any accidents you may have
  • Multiple policies can save money
  • Pleasure, commuting or business use can affect rates
  • Your age
  • Whether you are married
  • Add-on coverages such as rental reimbursement
  • Your job
  • The amount of protection requested
  • Home ownership saves money

One important consideration that helps determine your rates is the age of the vehicle. Older models have a lower value compared to new models so the payout to repair will push premiums down. But newer models have more advanced features including active head restraints, traction control, and a rollover prevention system which can lower rates.

Coverage for liability

Liability insurance protects you from damage or injury you incur to other's property or people in an accident. Liability coverage pays for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Liability insurance is relatively cheap so buy higher limits if possible.

Collision protection

Collision insurance pays for damage to your resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. You can also increase the deductible to save money on collision insurance.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay. The maximum payout your car insurance company will pay is the actual cash value, so if it's not worth much more than your deductible consider dropping full coverage.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants when the "other guys" do not carry enough liability coverage. Since many drivers only carry the minimum required liability limits, it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

Insurance for medical payments

Med pay and PIP coverage provide coverage for immediate expenses like EMT expenses, pain medications, and nursing services. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. PIP is not available in all states and gives slightly broader coverage than med pay.