There are many options when insurance shopping for your vehicle. You can either contact your neighborhood insurance agent or get quotes online to compare insurance costs of car insurance companies. Comparing auto insurance from online rate quotes saves time, is easy to do and there is a good chance you will probably save money.

Using the web to shop for auto insurance direct can be a challenge if you are a beginner to online rate quotes. Don't let that stop you because there is an easy way to compare rates. Cutting your doesn't have to be difficult. Drivers just need to take a couple of minutes comparing rates online from several insurance companies. This can be done by getting a quick quote here.

Insurance rates for your 2002 will vary greatly and are calculated by many factors. Some of these factors include:

• High performance increases premiums
• Your accident history
• Home and auto can earn discounts
• Pleasure, commuting or business use can affect rates
• Extra coverages like towing and rental
• No claims lowers premiums
• No coverage lapses saves money
• Whether you own your home

One last important factor that can impact the rate you pay on your is the year of manufacture. Models that are new have a higher value so the costs to repair will push premiums up. Conversely, newer models may have options such as an advanced theft deterrent system, adaptive cruise control, active head restraints, and a telematics system so those may help offset higher rates.

Liability insurance - This protects you from damage that occurs to other's property or people. Liability insurance covers things like legal defense fees, bail bonds, and repair bills for other people's vehicles. It is cheap coverage so purchase as much as you can afford.

Collision - This coverage pays for damage to your resulting from colliding with another car or object. You have to 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 8 years or older. Drivers also have the option to choose a higher deductible to bring the cost down.

Comprehensive protection - Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage. The maximum amount you'll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle's value consider dropping full coverage.

UM/UIM Coverage - Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Medical expense coverage - Med pay and PIP coverage kick in for short-term medical expenses for things like nursing services, prosthetic devices, and dental work. They can be utilized in addition to your health insurance plan or if you do not have health coverage. PIP coverage is not available in all states and may carry a deductible.