Finding cheaper auto insurance through online companies is simple to do, plus you will probably save money. The critical component is getting rates from as many companies as possible so you can get every option.

Finding the best direct price on auto insurance can be difficult if you have never used quoting online. Don't let that stop you because there is an easy way to compare rates. Finding a lower price on 2003 insurance is not a difficult process. You just have to take a little time comparing rates online with multiple companies. It is quite easy and can be accomplished by completing this short form.

Premiums are calculated by...

Insurance rates for your 2003 can be significantly different subject to many criteria. Including but not limited to:

• Traffic citations increase rates
• Better credit means lower rates
• The size of your community
• High miles vs. low miles
• Men typically pay more than women
• Low deductibles cost more
• Crash test rating for your 2003
• No claims lowers premiums
• Maintaining coverage lowers rates
• Home ownership saves money

One last important factor which can affect the rate you pay on your is the year of manufacture. New vehicles have a higher actual cash value so the payout to repair may end up costing you more. But more recent vehicles may have options including a telematics system, adaptive cruise control, and traction control that may help give discounted rates.

Coverage for liability

2003 liability coverage will cover damage or injury you incur to other's property or people that is your fault. Liability coverage protects against claims like pain and suffering, repair costs for stationary objects, and legal defense fees. This coverage is usually fairly inexpensive so purchase as large an amount as possible.

Collision coverage

This will pay to fix damage to your resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. It's also possible to choose a higher deductible to save money on collision insurance.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays to fix your vehicle from 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 highest amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle's value is low it's not worth carrying full coverage.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the "other guys" are uninsured or don't have enough coverage. Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for things like EMT expenses, pain medications, and nursing services. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage.