Buying auto insurance through online companies is easy and at the same time you may find lower rates. The key is to compare rates from all companies in order to have all your choices.

People who are new to comparison shopping may think buying low-cost 2005 insurance is difficult. Getting cheaper insurance rates is not a difficult process. The only requirement is to invest a few minutes to compare quotes from different insurance companies. This can be accomplished by comparing rates here.

What factors impact the rate you pay?

Insurance premiums on a 2005 will vary greatly based upon several criteria. Taken into consideration are:

• Your driving record
• Your credit history
• Where you live
• The number of annual miles
• Your gender can raise or lower rates
• Deductible amount directly impacts your rate
• Your vehicle's safety rating
• Whether or not you have claims
• Maintaining coverage lowers rates
• Whether you rent or own your home

One important consideration that helps determine your rates is the age of the vehicle. Newer models cost more compared to older models so repair costs are higher which will push premiums up. But newer models have more advanced features including pedestrian detection, a collision avoidance system, and adaptive headlights so those may lower rates.

Coverage for liability

Liability insurance protects you from 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. Liability insurance is relatively cheap so buy as much as you can afford.

Auto collision coverage

Collision insurance pays for damage to your resulting from a collision with an object or car. You have to pay a deductible and then insurance will cover the remainder. Collision coverage for your 2005 can be pricey, so consider dropping it from lower value vehicles. You can also increase the deductible to save money on collision insurance.

Comprehensive coverage (or Other than Collision)

This coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it's not worth much more than your deductible consider dropping full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle's occupants when the "other guys" do not carry enough liability coverage. Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important.

Insurance for medical payments

Med pay and PIP coverage provide coverage for expenses like doctor visits, EMT expenses, and X-ray expenses. They are often used in conjunction with a health insurance plan or if there is no health insurance coverage. PIP is not available in all states and gives slightly broader coverage than med pay.