Buying auto insurance online saves time, is easy to do, plus you can save money. The key to finding lower rates is to take the time to get rates from all companies in order to accurately compare the lowest rate quotes.

Shopping online for auto insurance can be difficult if you are a beginner to online quotes. But don't be discouraged because it's actually quite easy. Lowering your is not rocket science. You just need to take a few minutes getting comparison quotes online from several insurance companies. This can be accomplished by getting a quick quote here.

Rates are impacted by...

Car insurance premiums on a 2001 can vary widely and are calculated by many factors. Including but not limited to:

• Tickets increase premiums
• Credit rating
• Men typically pay more than women
• The deductible you choose
• Crash test rating for your 2001
• Your claim history
• Having current coverage saves
• Home ownership saves money

An additional factor that helps determine is the year of the vehicle. Models that are new cost more than older models so the costs to repair can inflate annual premiums. On the flip side, more recent vehicles may have safety features like pedestrian detection, dual-stage airbags, and blind-spot warning system which can help offset higher rates.

Liability coverage

This will cover damage or injury you incur to people or other property in an accident. Liability coverage pays for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. It is cheap coverage so you should buy higher limits if possible.

Collision insurance

Collision insurance will pay to fix damage to your resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company. Collision coverage for your 2001 can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible to get cheaper .

Comprehensive coverage

This coverage covers damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage. The maximum payout your auto insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle's value it's not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection when other motorists 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. That's why carrying high Uninsured/Underinsured Motorist coverage is very important.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses such as EMT expenses, pain medications, and nursing services. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. PIP coverage is only offered in select states and may carry a deductible.