Drivers have lots of options when attempting to insure your vehicle. You can either contact an insurance agent or go online to check prices from a lot of auto insurance companies. Finding cheaper auto insurance through online companies can be fast and easy, plus you may find lower rates.

If you are a novice to online auto insurance shopping, you may be overwhelmed by the hoards of auto insurance companies selling insurance. Getting cheaper insurance rates is not a difficult process. The only requirement is to invest a few minutes to compare quotes provided by online insurance companies. It is quite easy and can be accomplished by completing this short form.

Premiums are calculated by the following

Insurance premiums for a 2002 can fluctuate considerably depending on several factors. Including but not limited to:

• Higher performance 2002 vehicles cost more
• Accidents raise premiums
• Home/auto policy bundles save money
• Use of your vehicle
• Your birth date
• Having a spouse can save money
• Add-on coverages such as rental reimbursement
• Whether or not you have claims
• Having continuous coverage saves you money
• Home ownership saves money

One important consideration which can affect your rates is the age of the vehicle. New vehicles have a higher actual cash value compared to older models so the cost to replace them may result in higher rates. Although newer vehicles have more advanced features included like pedestrian detection, a collision avoidance system, and adaptive headlights which may give discounted rates.

Coverage for liability

This coverage can cover damage or injury you incur to other people or property that is your fault. Liability can pay for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Coverage is generally pretty cheap so buy as high a limit as you can afford.

Auto collision coverage

This covers damage to your caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in. 2002 collision insurance is rather expensive coverage, so you might think about dropping it from lower value vehicles. It's also possible to increase the deductible in order to get cheaper .

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay. The most your auto insurance company will pay is the ACV or 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

Uninsured or Underinsured Motorist 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, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Insurance for medical payments

Coverage for medical payments and/or PIP pay for immediate expenses like EMT expenses, pain medications, and nursing services. They are used to fill the gap from your health insurance program or if you are not covered by health insurance. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage.