Comparing car insurance from online rate quotes can be fast and easy, in addition you can save money. The most important part is to get rates from all companies in order to accurately compare every possible rate.

If you've never shopped for car insurance online, you may be confused by the hoards of companies offering insurance. There are several ways of comparing rates and find the best price. The best way to find the cheapest involves getting comparison quotes online. This is very easy and can be done by getting a quick quote here.

Criteria which help determine insurance rates

Car insurance premiums on a 2002 can fluctuate considerably depending on several factors. A few of these criteria are:

• A clean driving record keeps rates low
• Credit rating impacts rates
• Your location impacts rates
• The number of annual miles
• Male rates may be higher
• The deductible you choose
• NTSB crash rating for your vehicle
• Your occupation
• Insurance coverage level
• Owning a home can lower rates

An additional factor that can impact is the year of the vehicle. Used vehicles have a much lower replacement value than newer models so the cost to replace them may result in lower rates. Although newer vehicles may have safety features included like an advanced theft deterrent system, forward-collision avoidance, and a backup camera which may help offset higher rates.

Liability insurance

This coverage can cover injuries or damage you cause to people or other property. Liability can pay for claims such as funeral expenses, loss of income, and emergency aid. Coverage is generally pretty cheap so you should buy as high a limit as you can afford.

Collision coverage protection

This coverage covers damage to your resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in. Collision coverage for your 2002 can be pricey, so you might think about dropping it from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper .

Comprehensive protection

This coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage. The most a car insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle's value it's probably time to drop comprehensive insurance.

Coverage for uninsured or underinsured drivers

This coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. Because many people carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea.

Medical expense coverage

Coverage for medical payments and/or PIP pay for bills such as ambulance fees, surgery, and doctor visits. They can be used in conjunction with a health insurance program or if you are not covered by health insurance. Personal Injury Protection is not an option in every state and may carry a deductible.