There are many options when insurance shopping for your vehicle. You can get prices from an insurance agent or price shop online to compare rates from multiple companies. Finding cheaper auto insurance online is simple to do and there is a good chance you may find lower rates.

Finding the best direct price on auto insurance can be a challenge if you have never used online quoting. Don't let that stop you because we're going to show you how. Cutting your is not rocket science. Drivers just need to take a couple of minutes to compare quotes online with multiple companies. It is quite easy and can be accomplished by comparing rates here.

Insurance premiums for your 2001 can fluctuate considerably subject to many criteria. Some of these factors include:

  • More performance equals higher cost
  • Accidents raise premiums
  • Home/auto policy bundles save money
  • Pleasure, commuting or business use can affect rates
  • Extra coverages like towing and rental
  • Whether or not you have claims
  • No coverage lapses saves money
  • Whether you own your home

One important consideration which can affect your rates is the age of the vehicle. Newer models have a higher actual cash value compared to older models so the payout to repair may result in higher rates. Conversely, more recent vehicles have more advanced features such as a collision avoidance system, a telematics system, dual-stage airbags, and pedestrian detection which may lower rates.

Liability coverage - 2001 liability coverage will cover damage that occurs to other's property or people that is your fault. Liability can pay for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. This coverage is usually fairly inexpensive so buy as high a limit as you can afford.

Collision - This will pay to fix damage to your resulting from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. You can also increase the deductible to bring the cost down.

Comprehensive coverage - Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay. The most you'll receive from a claim is the market value of your vehicle, so if it's not worth much more than your deductible it's not worth carrying full coverage.

UM/UIM Coverage - Your UM/UIM coverage protects you and your vehicle's occupants from other drivers when they are uninsured or don't have enough coverage. Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Medical payments coverage and PIP - Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses like nursing services, prosthetic devices, and dental work. They are often utilized in addition to your health insurance program or if you do not have health coverage. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay.