You have many choices when buying insurance for your vehicle. You can either buy through an agent or price shop online to check prices from insurance providers. Buying auto insurance by comparing rates online is simple to do, in addition you can save money.

Shopping online for auto insurance can be complicated if you have never used online quotes. Don't let that stop you because it's actually quite easy. Finding lower can be quick and easy. You just have to spend a little time getting comparison quotes online with multiple companies. This can be accomplished by completing this short form.

Criteria which help determine your insurance rates

Car insurance premiums for your 2002 can vary widely subject to many criteria. A few of these criteria are:

  • More performance equals higher cost
  • Any accidents you may have
  • Multiple policies can save money
  • Pleasure, commuting or business use can affect rates
  • Optional coverages like vehicle replacement
  • Your claim history
  • Maintaining coverage lowers rates
  • Owning a home can lower rates

An additional factor that helps determine is the year of the vehicle. New vehicles cost more than older models so the payout to repair can inflate annual premiums. But newer models may have safety features including a backup camera, an advanced theft deterrent system, dual-stage airbags, and pedestrian detection which can give discounted rates.

Auto liability insurance - 2002 liability coverage protects you from injuries or damage you cause to other's property or people in an accident. Liability coverage pays for claims such as funeral expenses, loss of income, and emergency aid. This coverage is usually fairly inexpensive so you should buy higher limits if possible.

Collision coverage - Collision insurance pays for damage to your resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. It's also possible to raise the deductible to save money on collision insurance.

Comprehensive insurance - Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage. The maximum payout a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle's value is low consider dropping full coverage.

Uninsured/Underinsured Motorist coverage - This coverage protects you and your vehicle when the "other guys" do not carry enough liability coverage. Since many drivers have only the minimum liability required by law, it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

Med pay and Personal Injury Protection (PIP) - Med pay and PIP coverage reimburse you for bills such as ambulance fees, surgery, and doctor visits. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage.