You have lots of choices when looking for the best insurance on your vehicle. You can either buy through an agent or shop online to compare pricing from many different companies. Finding cheaper car insurance from online companies is easy and at the same time you can save money.

Consumers who are new to the process of comparison shopping may think shopping for cut-rate 2002 insurance can be quite difficult. There are several ways to compare quotes from car insurance companies in your area. The best way to find the lowest is to perform an online rate comparison. It is quite easy and can be accomplished by visiting this page.

What factors impact car insurance premiums?

Car insurance premiums for your 2002 can be significantly different based upon several criteria. Taken into consideration are:

• The performance level of your 2002
• How many accidents you have had
• Home/auto policy bundles save money
• Pleasure, commuting or business use can affect rates
• Special coverage such as replacement cost
• Your occupation
• The amount of protection requested
• Whether you rent or own your home

An additional factor which can affect is the year of the vehicle. Models that are a few years old have a reduced actual cash value than newer models so the payout to repair will push premiums down. But newer models may have safety features including forward-collision avoidance, automatic crash notification, and tire pressure monitors that may help provide discounts that lower premiums.

Liability coverage

Liability insurance protects you from damages or injuries you inflict on other's property or people that is your fault. Liability coverage protects against things such as emergency aid, pain and suffering, and medical services. Liability insurance is relatively cheap so you should buy as large an amount as possible.

Collision coverage protection

This pays for damage to your resulting from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Another option is to raise the deductible to save money on collision insurance.

Comprehensive coverage

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Coverage for uninsured or underinsured drivers

This gives you protection when the "other guys" do not carry enough liability coverage. Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Medical payments coverage and PIP

Med pay and PIP coverage provide coverage for expenses such as doctor visits, EMT expenses, and X-ray expenses. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. PIP is not available in all states but can be used in place of medical payments coverage.