Drivers have lots of options when finding cheaper insurance coverage on your vehicle. You can buy from a local agent or go online to compare rates from multiple insurance companies. Buying auto insurance on the web can be fast and easy, plus you might just save a little.

If you're new to shopping for auto insurance online, you may be overwhelmed by the hoards of online companies vying for your business. Finding cheaper coverage prices isn't really that difficult. All you need to do is take the time to get quotes provided by online insurance companies. This can be accomplished by comparing rates here.

Rates are impacted by the following

Auto insurance rates paid to insure a 2004 will vary greatly depending on several factors. Including but not limited to:

  • Higher performance 2004 vehicles cost more
  • Your accident history
  • Multiple policies can save money
  • How you use your vehicle
  • Your birth date
  • Whether you are married
  • Add-on coverages such as rental reimbursement
  • Claims drive up premiums
  • Having current coverage saves
  • Home ownership saves money

A final factor that helps determine is the model year. Newer models cost more in comparison to later models so the cost to replace them will push premiums up. On the flip side, newer vehicles may have a trim level with safety features like adaptive cruise control, sideview assist mirrors, dual-stage airbags, and a telematics system so those may lower rates.

Liability car insurance

This coverage can cover damage or injury you incur to a person or their property in an accident. Liability insurance covers claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Coverage is generally pretty cheap so consider buying as much as you can afford.

Collision protection

Collision insurance covers damage to your from colliding with a stationary object or other vehicle. You have to 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 older. You can also bump up the deductible to get cheaper .

Comprehensive auto insurance

This pays for damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by your comprehensive insurance. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants when other motorists either are underinsured or have no liability coverage at all. Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That's why carrying high Uninsured/Underinsured Motorist coverage is very important.

Coverage for medical expenses

Coverage for medical payments and/or PIP pay for immediate expenses (i.e. EMT expenses, pain medications, and nursing services). They are often used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay.