Drivers have lots of options when trying to insure your vehicle. You can either contact an agent or shop online to compare pricing from companies. Comparing auto insurance by quoting online is easy, plus you can save money.

Beginners to buying insurance may think buying cheap 2003 insurance is hard. Finding a lower price on 2003 insurance is a fairly straight forward process. You just have to take a little time getting comparison quotes from different insurance companies. This can be done by visiting this page.

Rates are determined by the following

Car insurance premiums for a 2003 will vary greatly based upon several criteria. Including but not limited to:

  • The performance level of your 2003
  • Your accident history
  • Home and auto can earn discounts
  • Use of your vehicle
  • Add-on coverages such as rental reimbursement
  • Your claim history
  • No coverage lapses saves money
  • Home ownership saves money

An additional factor that can impact is the year of the vehicle. A newer vehicle have a higher value than older models so repair costs are higher which will push premiums up. Conversely, newer vehicles may have safety features such as traction control, active head restraints, a backup camera, and an advanced theft deterrent system so those may provide discounts that lower premiums.

Liability coverages

Liability insurance can cover damage or injury you incur to other people or property. Liability insurance covers claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Liability insurance is relatively cheap so you should buy as much as you can afford.

Collision coverage

This coverage covers damage to your caused by collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder. 2003 collision insurance is rather expensive coverage, so consider dropping it from older vehicles. Another option is to raise the deductible to bring the cost down.

Comprehensive coverages

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage. The maximum amount your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much it's probably time to drop comprehensive insurance.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for immediate expenses such as EMT expenses, pain medications, and nursing services. The coverages can be used to fill the gap from your health insurance plan or if you do not have health coverage. PIP is not an option in every state but can be used in place of medical payments coverage.