Buying auto insurance by comparing rates online is simple to do, in addition you might just save a little. The critical component is to compare rates from all providers in order to have the best prices.

Shopping online for auto insurance can be complicated if you have never used online rate quotes. But relax because comparing prices is actually very simple. Finding a better price on auto insurance can be quick and easy. Consumers just need to spend a few minutes to get quotes online with multiple companies. This can be accomplished by comparing rates here.

Criteria which help determine car insurance premiums

Auto insurance rates paid to insure a 2000 will vary greatly subject to many criteria. A few of these criteria are:

  • Traffic citations increase rates
  • Your credit history
  • Male drivers pay higher rates
  • Deductible amount directly impacts your rate
  • NTSB crash rating for your vehicle
  • Claims drive up premiums
  • No coverage lapses saves money
  • Owning a home can lower rates

A final factor that helps determine is the model year. Newer models cost more in comparison to later models so the payout to repair will push premiums up. Conversely, new models may have a trim level with safety features such as forward-collision avoidance, adaptive cruise control, and active head restraints so those may lower rates.

Auto liability insurance - 2000 liability coverage provides protection from injuries or damage you cause to a person or their property in an accident. Liability insurance covers claims such as funeral expenses, loss of income, and emergency aid. This coverage is usually fairly inexpensive so consider buying as much as you can afford.

Collision coverages - Collision insurance pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage. This coverage can be expensive, so consider removing coverage from vehicles that are older. You can also bump up the deductible to bring the cost down.

Comprehensive insurance - This pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by your comprehensive insurance. The maximum amount a auto insurance company will pay at claim time is the market value of your vehicle, so if it's not worth much more than your deductible consider removing comprehensive coverage.

Uninsured and underinsured coverage - This coverage protects you and your vehicle's occupants from other drivers when they either have no liability insurance or not enough. Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Med pay and Personal Injury Protection (PIP) - Medical payments and Personal Injury Protection insurance reimburse you for bills (i.e. ambulance fees, surgery, and doctor visits). They are often used to cover expenses not covered by your health insurance plan or if you do not have health coverage. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay.