Buying car insurance by quoting online can be fast and easy and at the same time you may find lower rates. The most important part is to take the time to get rates from all companies in order to have the cheapest rate quotes.

If you're new to shopping for car insurance online, it's easy to be confused by the hoards of companies selling insurance. The are a couple different ways to compare quotes from different insurance companies. The recommended way to compare is to get quotes online. It is quite easy and can be accomplished by comparing rates here.

Which factors influence your insurance rates?

Insurance premiums on a 1994 can vary widely depending on several factors. Taken into consideration are:

  • A clean driving record keeps rates low
  • Credit rating
  • Your gender can raise or lower rates
  • Deductible amount directly impacts your rate
  • Your vehicle's safety rating
  • Your job
  • The level of coverage
  • Whether you rent or own your home

One important consideration that helps determine your rates is the age of the vehicle. Older models have a reduced actual cash value compared to new models so the cost to replace them may result in lower rates. Conversely, newer models have more advanced features such as tire pressure monitors, sideview assist mirrors, lane departure warning system, and adaptive cruise control which can lower rates.

Liability coverages - This coverage protects you from damages or injuries you inflict on people or other property in an accident. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. Coverage is generally pretty cheap so buy higher limits if possible.

Collision coverage - Collision insurance pays for damage to your resulting from a collision with an object or car. You will need to pay your deductible then your collision coverage will kick in. Collision coverage for your 1994 can be pricey, so you might think about dropping it from lower value vehicles. You can also increase the deductible to bring the cost down.

Comprehensive coverages - This coverage pays for damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if it's not worth much more than your deductible consider dropping full coverage.

Uninsured/Underinsured Motorist coverage - This protects you and your vehicle's occupants from other drivers when they do not carry enough liability coverage. Since many drivers only carry the minimum required liability limits, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Coverage for medical payments - Med pay and PIP coverage pay for expenses like doctor visits, EMT expenses, and X-ray expenses. They are often used in conjunction with a health insurance policy or if you do not have health coverage. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay.