You have many choices when trying to insure your vehicle. You can buy direct from your neighborhood insurance agent or get quotes online to compare rates from insurance providers. Shopping for auto insurance by comparing rates online saves time, is easy to do, in addition you will probably save money.

Comparing auto insurance rates direct online can be complicated if you are a beginner to quoting online. Don't let that stop you because there is an easy way to compare rates. Finding a lower price on 2003 insurance can be quick and easy. You just have to take a little time comparing rates online from several insurance companies. This is very easy and can be done by comparing rates here.

Criteria which help determine your insurance rates

Insurance rates for your 2003 can be significantly different and are calculated by many factors. A few of these criteria are:

• High performance increases premiums
• How many accidents you have had
• Whether you insure your home with the same company
• Pleasure, commuting or business use can affect rates
• Optional coverages like vehicle replacement
• No claims lowers premiums
• Maintaining coverage lowers rates
• Owning a home can lower rates

One last important factor that will help determine the rate you pay on your is the year of manufacture. Newer models have a higher replacement value so the costs to repair may end up costing you more. But new models may have options including dual-stage airbags, a rollover prevention system, and lane departure warning system that may help lower rates.

Auto liability insurance

This provides protection from injuries or damage you cause to other's property or people by causing an accident. Liability coverage protects against claims such as funeral expenses, loss of income, and emergency aid. It is cheap coverage so purchase as large an amount as possible.

Collision coverage

Collision coverage pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.

Comprehensive insurance

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage. The highest amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if it's not worth much more than your deductible consider removing comprehensive coverage.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle's occupants when the "other guys" either have no liability insurance or not enough. Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance kick in for bills for things like ambulance fees, surgery, and doctor visits. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. PIP coverage is not universally available and gives slightly broader coverage than med pay.