You have many choices when shopping for car insurance for your vehicle. You can either buy through an agent or shop online to check prices from car insurance companies. Finding cheaper auto insurance from online rate quotes is easy, in addition you can save money.

Consumers who are new to the process of comparing rates may think purchasing cut-rate 2001 insurance is more work than they want to put in. Lowering your doesn't have to be difficult. You just need to take a few minutes getting comparison quotes from different insurance companies. It is quite easy and can be accomplished by completing this short form.

Criteria which help determine your insurance rates

Car insurance premiums for your 2001 can vary widely based upon several criteria. A few of these criteria are:

• The performance level of your 2001
• Any accidents you may have
• Home/auto policy bundles 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 which can affect is the year of the vehicle. New vehicles have a higher actual cash value than older models so repair costs are higher which can inflate annual premiums. But newer vehicles may have safety features including pedestrian detection, tire pressure monitors, and autonomous braking which can give discounted rates.

Liability insurance

Liability insurance can cover injuries or damage you cause to other's property or people that is your fault. Liability coverage pays for claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so you should buy higher limits if possible.

Collision insurance

This covers damage to your resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It's also possible to raise the deductible to save money on collision insurance.

Comprehensive protection

Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage. The maximum payout a auto insurance company will pay at claim time is the actual cash value, so if the vehicle's value is low it's probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle when the "other guys" either are underinsured or have no liability coverage at all. Since a lot of 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 should not be overlooked.

Medical expense coverage

Coverage for medical payments and/or PIP provide coverage 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. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage.