Comparing auto insurance by getting online quotes saves time, is easy to do and at the same time you will probably save money. The key to finding lower rates is getting rates from all companies in order to have the lowest priced insurance.

Using the web to shop for auto insurance direct is challenging if you are a beginner to quoting online. But don't be discouraged because there is an easy way to compare rates. Getting better can be relatively painless. Just take time comparing rates online from several insurance companies. This can be done by comparing rates here.

What factors determine car insurance premiums?

Insurance rates on a 2003 can be significantly different and are calculated by many factors. Taken into consideration are:

• Tickets increase premiums
• Better credit means lower rates
• Male rates may be higher
• Deductible amount directly impacts your rate
• Your vehicle's safety rating
• No claims lowers premiums
• No coverage lapses saves money
• Whether you rent or own your home

One last important factor that can impact the rate you pay on your is the year of manufacture. Newer models have a higher value so the costs to repair may end up costing you more. Conversely, newer vehicles may have options such as lane departure warning system, pedestrian detection, and tire pressure monitors that may help lower rates.

Liability - This can cover damages or injuries you inflict on people or other property. Liability coverage protects against things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so purchase as large an amount as possible.

Collision coverage - This coverage covers damage to your resulting from a collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company. Collision coverage for your 2003 can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible to bring the cost down.

Comprehensive or Other Than Collision - This coverage pays for damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist coverage - This protects you and your vehicle's occupants from other drivers when they either are underinsured or have no liability coverage at all. Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Medical costs insurance - Coverage for medical payments and/or PIP kick in for expenses for things like doctor visits, EMT expenses, and X-ray expenses. They are often used in conjunction with a health insurance policy or if you do not have health coverage. PIP coverage is not an option in every state and gives slightly broader coverage than med pay.