You have many choices when trying to insure your vehicle. You can buy direct from an agent or shop online to compare insurance costs of lots of different providers. Buying car insurance through online providers is easy, in addition you can save money.

People who are new to comparing rates may think finding cheap 2001 insurance is hard and time consuming. There are several ways of comparing rates from different insurance companies. The quickest method to find the cheapest is to get quotes online. This is very easy and can be done by getting a quick quote here.

Criteria which help determine

Car insurance premiums for a 2001 can fluctuate considerably based upon several criteria. A few of these criteria are:

• The performance level of your 2001
• Accidents raise premiums
• Multiple policies can save money
• Use of your vehicle
• Your birth date
• Being married may save money
• Optional coverages like vehicle replacement
• Your occupation
• The level of coverage
• Owning a home can lower rates

An additional factor that helps determine is the year of the vehicle. Older models have a much lower replacement value than newer models so repair costs tend to be lower which will push premiums down. Conversely, newer vehicles may have safety features such as a backup camera, autonomous braking, active head restraints, and all-wheel drive which may help offset higher rates.

Liability auto insurance

Liability insurance can cover injuries or damage you cause to other people or property in an accident. Liability can pay for claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so you should buy as high a limit as you can afford.

Collision coverage

Collision insurance covers damage to your caused by collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder. 2001 collision insurance is rather expensive coverage, so consider dropping it from older vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Comprehensive (Other than Collision)

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage. The most 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 probably time to drop comprehensive insurance.

Uninsured Motorist or Underinsured Motorist insurance

This coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Since many drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is very important.

Medical expense insurance

Coverage for medical payments and/or PIP provide coverage for bills such as ambulance fees, surgery, and doctor visits. They can be used to fill the gap from your health insurance program or if you do not have health coverage. PIP is not an option in every state and may carry a deductible.