Drivers have lots of options when shopping for car insurance for your vehicle. You can buy direct from your neighborhood insurance agent or price shop online to compare rates from multiple companies. Comparing auto insurance online is simple to do, plus you will probably save money.

Using the web to shop for auto insurance direct can be difficult if you have never used online quotes. But don't be discouraged because there is an easy way to compare rates. Lowering your is not rocket science. You just need to take a few minutes comparing rates online with multiple companies. This can be done by comparing rates here.

Rates are determined by these factors

Insurance rates on a 2001 can vary widely subject to many criteria. Including but not limited to:

• More performance equals higher cost
• Any accidents you may have
• Home and auto can earn discounts
• Pleasure use vs. commuting use
• Add-on coverages such as rental reimbursement
• No claims lowers premiums
• Having continuous coverage saves you money
• Home ownership saves money

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 payout to repair can inflate annual premiums. Although newer models may have options included like pedestrian detection, dual-stage airbags, and blind-spot warning system which can lower rates.

Liability coverage

2001 liability coverage protects you from damage or injury you incur to people or other property. Liability coverage pays for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. This coverage is usually fairly inexpensive so purchase higher limits if possible.

Collision insurance

This coverage pays for damage to your resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage. Collision coverage for your 2001 can be pricey, so consider removing coverage from vehicles that are 8 years or older. You can also choose a higher deductible in order to get cheaper .

Comprehensive coverage

This coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage. The maximum payout your auto insurance company will pay is the market value of your vehicle, so if it's not worth much more than your deductible consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants from other motorists when they do not carry enough liability coverage. Because many people only carry the minimum required liability limits, it doesn't take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Medical payments coverage and PIP

Med pay and PIP coverage reimburse you for immediate expenses for things like EMT expenses, pain medications, and nursing services. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay.