You have many choices when attempting to insure your vehicle. You can either buy through an agent or shop online to check prices from a lot of auto insurance companies. Finding cheaper auto insurance through online companies is easy, in addition you can save money.

Consumers who are new to the process of comparing rates may think purchasing cheap 2002 insurance is difficult. Getting cheaper insurance rates is not a difficult process. The only requirement is to invest a few minutes getting comparison quotes from different insurance companies. It is quite easy and can be accomplished by completing this short form.

Criteria which help determine

Car insurance premiums for a 2002 can vary widely based upon several criteria. A few of these criteria are:

• The performance level of your 2002
• Any accidents you may have
• Home/auto policy bundles save money
• Use of your vehicle
• Your birth date
• Having a spouse can save money
• Optional coverages like vehicle replacement
• Your claim history
• Having continuous coverage saves you money
• Owning a home can lower rates

An additional factor which can affect is the year of the vehicle. New vehicles have a higher actual cash value than older models so repair costs are higher which can inflate annual premiums. Although newer vehicles may have safety features included like pedestrian detection, a collision avoidance system, and adaptive headlights which can give discounted rates.

Coverage for liability

Liability insurance can cover injuries or damage you cause to other people or property that is your fault. Liability coverage pays for claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so you should buy higher limits if possible.

Auto collision coverage

This covers damage to your caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder. 2002 collision insurance is rather expensive coverage, so consider dropping it from older vehicles. It's also possible to raise the deductible in order to get cheaper .

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage. The maximum payout a auto insurance company will pay at claim time is the actual cash value, so if the vehicle's value is low it's probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Since a lot of drivers have only the minimum liability required by law, it doesn't take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.

Insurance for medical payments

Coverage for medical payments and/or PIP provide coverage for bills such as ambulance fees, surgery, and doctor visits. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage.