Drivers have lots of options when trying to insure your vehicle. You can buy from an agent or go online to compare rates from many different auto insurance companies. Buying auto insurance through online rate quotes can be fast and easy, plus you can save money.

If you're new to shopping for auto insurance online, you may be overwhelmed by the hoards of online companies offering insurance. Finding a lower price on 2002 insurance can be surprisingly simple. You just have to take a little time getting comparison quotes provided by online insurance companies. This can be accomplished by comparing rates here.

Rates are impacted by the following

Car insurance premiums paid to insure a 2002 can vary widely depending on several factors. Including but not limited to:

• Higher performance 2002 vehicles cost more
• Any accidents you may have
• Multiple policies can save money
• How you use your vehicle
• Your birth date
• Whether you are married
• Add-on coverages such as rental reimbursement
• Your claim history
• No coverage lapses saves money
• Home ownership saves money

An additional factor that helps determine is the year of the vehicle. Newer models cost more than older models so the cost to replace them can inflate annual premiums. Conversely, newer vehicles may have safety features such as lane departure warning system, a telematics system, and adaptive headlights which can lower rates.

Auto liability

This coverage can cover damage or injury you incur to a person or their property in an accident. Liability coverage pays for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Coverage is generally pretty cheap so you should buy higher limits if possible.

Collision coverage

Collision insurance covers damage to your from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in. This coverage can be expensive, so you might think about dropping it from older vehicles. You can also raise the deductible to bring the cost down.

Comprehensive auto coverage

This pays for damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage. The maximum payout 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 Motorist or Underinsured Motorist insurance

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

Medical payments and PIP coverage

Coverage for medical payments and/or PIP pay for immediate expenses such as EMT expenses, pain medications, and nursing services. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay.