Finding cheaper auto insurance from online rate quotes is easy, plus you might just save a little. The key is getting as many rate quotes as possible so you can compare the lowest rate quotes.

Consumers who are new to the process of buying insurance may think shopping for cheap 2003 insurance is more work than they want to put in. Lowering your doesn't have to be difficult. You just need to take a few minutes to get quotes from different insurance companies. It is quite easy and can be accomplished by visiting this page.

Premiums are calculated by...

Auto insurance rates for a 2003 can be significantly different based upon several criteria. Including but not limited to:

  • Your driving record
  • Better credit means lower rates
  • Men typically pay more than women
  • Higher deductibles save money
  • Crash test rating for your 2003
  • Claims drive up premiums
  • Having current coverage saves
  • Home ownership saves money

A final factor which can affect is the model year. A newer vehicle have a higher actual cash value in comparison to later models so repair costs are higher which may end up costing you more. On the flip side, more recent vehicles may have a trim level with safety features like pedestrian detection, tire pressure monitors, and autonomous braking that may help provide discounts that lower premiums.

Liability insurance

Liability insurance will cover damage or injury you incur to other people or property that is your fault. Liability coverage protects against claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Liability insurance is relatively cheap so consider buying as large an amount as possible.

Collision insurance

This will pay to fix damage to your caused by collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder. 2003 collision insurance is rather expensive coverage, so consider dropping it from vehicles that are older. Another option is to bump up the deductible to get cheaper .

Comprehensive protection

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by your comprehensive insurance. The highest amount your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much it's not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection when other motorists are uninsured or don't have enough coverage. Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses (i.e. EMT expenses, pain medications, and nursing services). The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. PIP is only offered in select states but can be used in place of medical payments coverage.