Buying auto insurance by comparing rates online is easy and there is a good chance you can save money. The key is to take the time to get rates from all companies so you can get all your choices.

People who are new to shopping for insurance may think purchasing low-cost 2004 insurance is going to be difficult. Getting cheaper insurance rates can be quick and easy. The only requirement is to invest a few minutes getting comparison quotes from different insurance companies. This can be accomplished by completing this short form.

Car insurance premiums on a 2004 can vary widely based upon several criteria. Some of these factors include:

  • Your driving record
  • Credit rating
  • Where you live
  • The number of annual miles
  • Male rates may be higher
  • Low deductibles cost more
  • Safety rating of your 2004
  • Your claim history
  • No coverage lapses saves money
  • Whether you own your home

An additional factor that helps determine is the year of the vehicle. New vehicles cost more than older models so repair costs are higher which can inflate annual premiums. Conversely, newer vehicles may have safety features such as a backup camera, dual-stage airbags, and an advanced theft deterrent system which can give discounted rates.

Auto liability insurance

Liability insurance can cover damage that occurs to people or other property in an accident. Liability coverage pays for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Liability insurance is relatively cheap so you should buy higher limits if possible.

Auto collision coverage

Collision insurance covers damage to your resulting from a collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder. Collision coverage for your 2004 can be pricey, so consider dropping it from older vehicles. It's also possible to raise the deductible to bring the cost down.

Comprehensive insurance

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage. The maximum payout you'll receive from a claim is the actual cash value, so if the vehicle's value is low it's probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Since many drivers have only the minimum liability required by law, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses such as nursing services, prosthetic devices, and dental work. They are used in conjunction with a health insurance policy or if you do not have health coverage. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage.