You have lots of choices when looking for the best insurance on your vehicle. You can buy direct from a local agent or get quotes online to check prices from many different companies. Buying auto insurance from online companies saves time, is easy to do and at the same time you might just save a little.

Shopping online for auto insurance is challenging if you are a beginner to quoting online. Don't let that stop you because comparing prices is actually very simple. Reducing your is actually quite simple. All that's required is to spend a few minutes on the computer to get quotes online from several insurance companies. This can be accomplished by completing this short form.

What factors determine car insurance premiums?

Auto insurance rates for your 2003 can be significantly different and are calculated by many factors. Taken into consideration are:

  • High performance increases premiums
  • How many accidents you have had
  • Multiple policies can save money
  • Pleasure, commuting or business use can affect rates
  • Special coverage such as replacement cost
  • Claims drive up premiums
  • Having continuous coverage saves you money
  • Whether you rent or own your home

A final factor that helps determine is the model year. New vehicles cost more in comparison to later models so the costs to repair may end up costing you more. Although newer models may have a trim level with safety features included like forward-collision avoidance, automatic crash notification, and tire pressure monitors that may help give discounted rates.

Liability coverage

This protects you from damages or injuries you inflict on other's property or people in an accident. Liability coverage protects against things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so consider buying as large an amount as possible.

Collision coverage protection

Collision insurance pays for damage to your resulting from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. It's also possible to bump up the deductible in order to get cheaper .

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by your comprehensive insurance. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle's value is low consider dropping full coverage.

Coverage for uninsured or underinsured drivers

This protects you and your vehicle from other motorists when they do not carry enough liability coverage. Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Medical payments coverage and PIP

Med pay and PIP coverage kick in for expenses (i.e. doctor visits, EMT expenses, and X-ray expenses). They are utilized in addition to your health insurance policy or if you are not covered by health insurance. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage.