You have many choices when shopping for car insurance for your vehicle. You can buy direct from a local agent or get quotes online to check prices from multiple insurance companies. Shopping for car insurance on the web saves time, is easy to do, in addition you might just save a little.

Comparing car insurance rates direct online can be complicated if you are a beginner to online quotes. But don't let that discourage you because comparing prices is actually very simple. When shopping for car insurance there are multiple ways to get quotes from car insurance companies in your area. By far the easiest way to find competitive consists of shopping online. This is very easy and can be done by completing this short form.

Criteria which help determine

Auto insurance rates for a 2003 can vary widely and are calculated by many factors. A few of these criteria are:

  • High performance increases premiums
  • Any accidents you may have
  • Whether you insure your home with the same company
  • Use of your vehicle
  • Young drivers cost more
  • Having a spouse can save money
  • Optional coverages like vehicle replacement
  • What you do for a living
  • The amount of protection requested
  • Owning a home can lower rates

A final factor that will help determine is the model year. Older cars and trucks have a much lower replacement value in comparison to older models so repair costs tend to be lower which may end up costing you less. But more recent vehicles may have a trim level with safety features including a telematics system, blind-spot warning system, and sideview assist mirrors which can give discounted rates.

Liability car insurance

This will cover injuries or damage you cause to other people or property by causing an accident. Liability coverage pays for claims such as funeral expenses, loss of income, and emergency aid. It is cheap coverage so consider buying higher limits if possible.

Collision insurance

Collision coverage will pay to fix damage to your caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company. 2003 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. It's also possible to bump up the deductible to save money on collision insurance.

Comprehensive car insurance

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by your comprehensive insurance. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle's value is low it's not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle when the "other guys" are uninsured or don't have enough coverage. Due to the fact that many drivers have only the minimum liability required by law, 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.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage kick in for bills (i.e. ambulance fees, surgery, and doctor visits). They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage.