There are many options when trying to find low-cost insurance for your vehicle. You can get prices from an insurance agent or go online to compare insurance costs of insurance carriers. Buying auto insurance by getting online quotes can be fast and easy and there is a good chance you may find lower rates.

If you're new to shopping for auto insurance online, you can be overwhelmed by the hoards of online auto insurance companies and websites selling insurance. Getting lower can be relatively painless. The only thing you need to do is invest a little time to compare quotes provided by online insurance companies. This can be accomplished by getting a quick quote here.

Insurance premiums for your 2001 can vary widely depending on several factors. Some of these factors include:

• Higher performance 2001 vehicles cost more
• Any accidents you may have
• Multiple policies can save money
• Pleasure, commuting or business use can affect rates
• Extra coverages like towing and rental
• Whether or not you have claims
• Maintaining coverage lowers rates
• Whether you own your home

One important consideration that helps determine your rates is the age of the vehicle. Models that are new cost more compared to older models so the cost to replace them can inflate annual premiums. But more recent vehicles have more advanced features including anti-lock brakes, adaptive cruise control, and autonomous braking which can help offset higher rates.

Liability

This coverage will cover damage that occurs to other's property or people in an accident. Liability coverage pays for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Coverage is generally pretty cheap so buy higher limits if possible.

Coverage for collisions

Collision insurance will pay to fix damage to your resulting from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay. The maximum payout you'll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle's value it's not worth carrying full coverage.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage provides protection when the "other guys" are uninsured or don't have enough coverage. Since many drivers carry very low liability coverage limits, it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses like nursing services, prosthetic devices, and dental work. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Personal Injury Protection is only offered in select states and may carry a deductible.