You have many choices when shopping for insurance coverage for your vehicle. You can buy direct from an agent or shop online to compare rates from companies. Comparing auto insurance by quoting online is easy, in addition you can save money.

Beginners to comparing rates may think buying cheap 2003 insurance is hard. Getting better is a fairly straight forward process. Just take time getting comparison quotes from different insurance companies. This can be done by comparing rates here.

Criteria which help determine

Car insurance premiums for a 2003 will vary greatly based upon several criteria. A few of these criteria are:

  • The performance level of your 2003
  • Your accident history
  • Home and auto can earn discounts
  • Use of your vehicle
  • Optional coverages like vehicle replacement
  • Your claim history
  • Having current coverage saves
  • Owning a home can lower rates

An additional factor that can impact is the year of the vehicle. Newer models have a higher value than older models so repair costs are higher which will push premiums up. On the flip side, more recent vehicles may have safety features like pedestrian detection, automatic crash notification, and tire pressure monitors so those may lower rates.

Liability coverages - Liability insurance will cover injuries or damage you cause to other people or property. Liability insurance covers claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so you should buy as much as you can afford.

Collision coverage - This coverage will pay to fix damage to your caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder. 2003 collision insurance is rather expensive coverage, so consider dropping it from older vehicles. You can also raise the deductible to get cheaper .

Comprehensive coverages - Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage. The maximum amount a auto insurance company will pay at claim time is the actual cash value, so if it's not worth much more than your deductible it's not worth carrying full coverage.

Uninsured/Underinsured Motorist coverage - This coverage protects you and your vehicle's occupants when other motorists are uninsured or don't have enough coverage. Because many people 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 a good idea.

Coverage for medical payments - Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills such as ambulance fees, surgery, and doctor visits. They are often used to fill the gap from your health insurance plan or if you lack health insurance entirely. PIP is only offered in select states and gives slightly broader coverage than med pay.