You have many choices when shopping for car insurance for your vehicle. You can buy direct from an insurance agent or shop online to compare insurance costs of many different car insurance companies. Comparing car insurance through online rate quotes is easy, in addition you may find lower rates.

Beginners to comparing rates may think finding low-cost 2002 insurance is going to be difficult. The are a couple different ways of comparing rates from local car insurance companies. By far the easiest way to find the cheapest involves getting comparison quotes online. This is very easy and can be done by getting a quick quote here.

Criteria which help determine insurance rates

Insurance premiums on a 2002 can fluctuate considerably based upon several criteria. A few of these criteria are:

• The performance level of your 2002
• Accidents raise premiums
• Home and auto can earn discounts
• Pleasure use vs. commuting use
• Your birth date
• Being married may save money
• Optional coverages like vehicle replacement
• Your job
• Your coverage level
• Owning a home can lower rates

One important consideration that can impact your rates is the age of the vehicle. Used vehicles have a much lower replacement value compared to new models so the cost to replace them will push premiums down. On the flip side, newer vehicles have more advanced features like adaptive cruise control, autonomous braking, traction control, and forward-collision avoidance which may help offset higher rates.

Auto liability

Liability insurance can cover injuries or damage you cause to people or other property. Liability can pay for claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so buy as high a limit as you can afford.

Collision insurance

This coverage covers damage to your resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder. Collision coverage for your 2002 can be pricey, so consider dropping it from lower value vehicles. Drivers also have the option to increase the deductible to get cheaper .

Comprehensive auto coverage

This coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay. The most a car insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle's value it's probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage provides protection when other motorists either are underinsured or have no liability coverage at all. Because many people carry very low liability coverage limits, their limits can quickly be used up. That's why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP provide coverage for bills like ambulance fees, surgery, and doctor visits. They can be used in conjunction with a health insurance program or if you lack health insurance entirely. PIP is not an option in every state and may carry a deductible.