You have many choices when shopping for car insurance for your vehicle. You can get prices from a local agent or go online to compare insurance costs of many different car insurance companies. Buying car insurance through online rate quotes can be fast and easy, in addition you might just save a little.

If you're new to shopping for car insurance online, you may be confused by the hoards of companies vying for your business. When shopping for car insurance there are multiple ways to get quotes from different insurance companies. By far the easiest way to find the cheapest is to get quotes online. This is very easy and can be done by getting a quick quote here.

Criteria which help determine insurance rates

Auto insurance rates on a 2003 can vary widely depending on several factors. A few of these criteria are:

• Higher performance 2003 vehicles cost more
• Any accidents you may have
• Multiple policies can save money
• Pleasure use vs. commuting use
• Young drivers cost more
• Being married may save money
• Optional coverages like vehicle replacement
• What you do for a living
• The level of coverage
• Owning a home can lower rates

A final factor that helps determine is the model year. Older models have a much lower replacement value in comparison to older models so the cost to replace them may result in lower rates. Conversely, more recent vehicles may have a trim level with safety features such as adaptive cruise control, autonomous braking, traction control, and forward-collision avoidance which can help offset higher rates.

Auto liability

This coverage will cover injuries or damage you cause to people or other property in an accident. Liability coverage pays for claims such as funeral expenses, loss of income, and emergency aid. Coverage is generally pretty cheap so consider buying higher limits if possible.

Collision insurance

Collision insurance will pay to fix damage to your resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in. Collision coverage for your 2003 can be pricey, so you might think about dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to bring the cost down.

Comprehensive auto coverage

This coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by your comprehensive insurance. The maximum payout a car insurance company will pay at claim time 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.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage provides protection from other drivers when they 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. So UM/UIM coverage is very important.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage pay for bills (i.e. ambulance fees, surgery, and doctor visits). They can be used in conjunction with a health insurance policy or if you do not have health coverage. Personal Injury Protection is only offered in select states and may carry a deductible.