Drivers have lots of options when finding cheaper insurance coverage on your vehicle. You can either contact a local agent or get quotes online to compare rates from many different auto insurance companies. Shopping for auto insurance through online rate quotes saves time, is easy to do, plus you might just save a little.

Comparing auto insurance rates direct online can be difficult if you are a beginner to quoting online. But don't be discouraged because comparing prices is actually very simple. Finding cheaper coverage prices can be surprisingly simple. All you need to do is take the time to get quotes online from several insurance companies. This is very easy and can be done by comparing rates here.

Car insurance rates influenced by the following

Auto insurance rates on a 1994 can be significantly different and are calculated by many factors. Including but not limited to:

  • High performance increases premiums
  • How many accidents you have had
  • Whether you insure your home with the same company
  • Pleasure use vs. commuting use
  • Your birth date
  • Whether you are married
  • Add-on coverages such as rental reimbursement
  • Claims drive up premiums
  • Maintaining coverage lowers rates
  • Home ownership saves money

A final factor that will help determine is the model year. Newer models have a higher replacement value in comparison to later models so the costs to repair may end up costing you more. But newer vehicles may have a trim level with safety features including lane departure warning system, autonomous braking, pedestrian detection, and blind-spot warning system that may help lower rates.

Auto liability

This can cover damage or injury you incur to people or other property by causing an accident. Liability coverage protects against claims like pain and suffering, repair costs for stationary objects, and legal defense fees. It is cheap coverage so consider buying as large an amount as possible.

Collision protection

Collision coverage covers damage to your resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company. Collision coverage for your 1994 can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also bump up the deductible to save money on collision insurance.

Comprehensive auto coverage

This coverage pays for damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by your comprehensive insurance. The highest amount your auto insurance company will pay is the cash value of the vehicle, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants when the "other guys" either are underinsured or have no liability coverage at all. Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP kick in for immediate expenses (i.e. EMT expenses, pain medications, and nursing services). They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. PIP coverage is not an option in every state and gives slightly broader coverage than med pay.