Buying car insurance by comparing rates online is simple to do and at the same time you can save money. The critical component is to compare rates from all companies in order to accurately compare all your choices.

Shopping online for car insurance is challenging if you have never used online rate quotes. But don't be discouraged because it's actually quite easy. There are several ways to get quotes from car insurance companies in your area. The fastest way to find the cheapest is to get quotes online. It is quite easy and can be accomplished by getting a quick quote here.

What influences the rate you pay?

Car insurance premiums on a 2004 will vary greatly subject to many criteria. Taken into consideration are:

  • Traffic citations increase rates
  • Your credit history
  • Where you live
  • The number of annual miles
  • Men typically pay more than women
  • The deductible you choose
  • Your vehicle's safety rating
  • Your occupation
  • The amount of protection requested
  • Whether you rent or own your home

An additional factor that helps determine is the year of the vehicle. Older models have a reduced actual cash value than newer models so the cost to replace them can decrease annual premiums. But more recent vehicles may have safety features including a backup camera, dual-stage airbags, and an advanced theft deterrent system so those may help offset higher rates.

Auto liability insurance

2004 liability coverage will cover damages or injuries you inflict on people or other property in an accident. Liability insurance covers things such as emergency aid, pain and suffering, and medical services. This coverage is usually fairly inexpensive so you should buy as much as you can afford.

Auto collision coverage

Collision insurance will pay to fix damage to your resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage. Collision coverage for your 2004 can be pricey, so consider removing coverage from older vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.

Comprehensive insurance

This coverage covers damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle's value it's not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

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

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as doctor visits, EMT expenses, and X-ray expenses. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Personal injury protection coverage is only offered in select states and may carry a deductible.