Drivers have lots of options when trying to insure your vehicle. You can either buy through an agent or get quotes online to compare rates from many different auto insurance companies. Finding cheaper auto insurance through online rate quotes saves time, is easy to do, plus you can save money.

Finding the best direct price on auto insurance can be difficult if you are a beginner to quoting online. But don't let that discourage you because it's actually quite easy. Finding a lower price on 2002 insurance can be surprisingly simple. You just have to take a little time getting comparison quotes online from several insurance companies. It is quite easy and can be accomplished by comparing rates here.

Premiums are calculated by these things

Car insurance premiums for a 2002 can be significantly different and are calculated by many factors. Including but not limited to:

• High performance increases premiums
• How many accidents you have had
• Home/auto policy bundles save money
• Use of your vehicle
• Mature drivers pay less
• Whether you are married
• Add-on coverages such as rental reimbursement
• Your claim history
• Having current coverage saves
• Home ownership saves money

An additional factor which can affect is the year of the vehicle. Newer models have a higher actual cash value than older models so the costs to repair may end up costing you more. On the flip side, new models may have safety features like lane departure warning system, a telematics system, and adaptive headlights that may help lower rates.

Auto liability

This provides protection from damage or injury you incur to other people or property that is your fault. Liability coverage protects against claims like pain and suffering, repair costs for stationary objects, and legal defense fees. It is cheap coverage so you should buy as large an amount as possible.

Collision coverage

This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company. 2002 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. You can also raise the deductible to get cheaper .

Comprehensive auto coverage

Comprehensive insurance pays for damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage. The highest amount your auto insurance company will pay is the cash value of the vehicle, so if it's not worth much more than your deductible consider removing comprehensive coverage.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants when other motorists either have no liability insurance or not enough. Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance kick in for immediate expenses such as EMT expenses, pain medications, and nursing services. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. PIP coverage is not universally available and gives slightly broader coverage than med pay.