Buying auto insurance by getting online quotes can be fast and easy and there is a good chance you will probably save money. The most important part is getting rates from all providers in order to have all your choices.

If you're new to shopping for auto insurance online, you can be overwhelmed by the hoards of online companies competing for your business. Getting cheaper insurance rates can be relatively painless. The only requirement is to invest a few minutes comparing rates provided by online insurance companies. This can be accomplished by comparing rates here.

Insurance rates paid to insure a 2001 can be significantly different depending on several factors. Some of these factors include:

• A clean driving record keeps rates low
• Better credit means lower rates
• Where you live
• Annual mileage can affect rates
• Your gender can raise or lower rates
• Deductible amount directly impacts your rate
• Safety rating of your 2001
• No claims lowers premiums
• Having continuous coverage saves you money
• Whether you own your home

One last important factor that helps determine the rate you pay on your is the year of manufacture. Newer models cost more so the cost to replace them may end up costing you more. Although newer models may have options included like traction control, tire pressure monitors, a collision avoidance system, and a telematics system that may help lower rates.

Liability

This coverage protects you from damage that occurs to a person or their property in an accident. Liability coverage protects against things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Coverage is generally pretty cheap so purchase as large an amount as possible.

Auto collision coverage

Collision insurance pays for damage to your from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. You can also choose a higher deductible in order to get cheaper .

Comprehensive or Other Than Collision

This pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage. The highest amount you'll receive from a claim is the ACV or actual cash value, so if it's not worth much more than your deductible consider dropping full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle's occupants from other motorists when they do not carry enough liability coverage. Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Medical costs insurance

Med pay and PIP coverage pay for short-term medical expenses for things like nursing services, prosthetic devices, and dental work. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay.