You have many choices when attempting to insure your vehicle. You can buy from an insurance agent or get quotes online to compare rates from insurance carriers. Finding cheaper auto insurance by getting online quotes saves time, is easy to do, in addition you may find lower rates.

Finding the best direct price on auto insurance can be complicated if you are a beginner to quoting online. But don't let that discourage you because we're going to show you how. Getting cheaper insurance rates can be relatively painless. The only requirement is to invest a few minutes to compare quotes online from several insurance companies. It is quite easy and can be accomplished by comparing rates here.

Criteria which help determine

Insurance premiums for a 2001 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
• Home/auto policy bundles save money
• Use of your vehicle
• Optional coverages like vehicle replacement
• Whether or not you have claims
• Having current coverage saves
• Owning a home can lower rates

One important consideration which can affect your rates is the age of the vehicle. Newer models have a higher actual cash value compared to older models so the costs to repair may end up costing you more. On the flip side, more recent vehicles have more advanced features like traction control, tire pressure monitors, a collision avoidance system, and a telematics system that may help lower rates.

Liability

This will cover injuries or damage you cause to other people or property that is your fault. Liability coverage protects against claims such as funeral expenses, loss of income, and emergency aid. It is cheap coverage so buy as large an amount as possible.

Auto collision coverage

This will pay to fix damage to your caused by collision 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. 2001 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. You can also increase the deductible to get cheaper .

Comprehensive or Other Than Collision

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay. 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 it's not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle's occupants when other motorists are uninsured or don't have enough coverage. Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical costs insurance

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