You have many choices when shopping for car insurance for your vehicle. You can either buy through your neighborhood insurance agent or price shop online to compare insurance costs of many different companies. Shopping for auto insurance from online companies is simple to do, in addition you will probably save money.

Comparing auto insurance rates direct online can be complicated if you have never used online quotes. But don't be discouraged because there is an easy way to compare rates. Lowering your is actually quite simple. You just need to take a few minutes comparing rates online with multiple companies. This is very easy and can be done by getting a quick quote here.

Criteria which help determine insurance rates

Insurance rates on a 2003 can vary widely subject to many criteria. A few of these criteria are:

• More performance equals higher cost
• Any accidents you may have
• Whether you insure your home with the same company
• Pleasure use vs. commuting use
• Optional coverages like vehicle replacement
• No claims lowers premiums
• Maintaining coverage lowers rates
• Owning a home can lower rates

One last important factor that will help determine the rate you pay on your is the year of manufacture. Models that are new have a higher replacement value so the payout to repair can inflate annual premiums. But more recent vehicles may have options including active head restraints, adaptive headlights, a backup camera, and tire pressure monitors which can help offset higher rates.

Liability coverage

2003 liability coverage will cover injuries or damage you cause to people or other property by causing an accident. Liability coverage pays for claims such as funeral expenses, loss of income, and emergency aid. This coverage is usually fairly inexpensive so purchase higher limits if possible.

Collision insurance

Collision coverage will pay to fix damage to your resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage. Collision coverage for your 2003 can be pricey, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive coverage

This coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage. The maximum payout a auto insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle's value it's not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage provides protection when the "other guys" are uninsured or don't have enough coverage. Due to the fact that many drivers carry very low liability coverage limits, it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like ambulance fees, surgery, and doctor visits. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Personal injury protection coverage is only offered in select states and may carry a deductible.