Buying auto insurance through online rate quotes is simple to do and at the same time you may find lower rates. The critical component is to take the time to get rates from all companies in order to accurately compare every option.

Shopping online for auto insurance is challenging if you have never used online quotes. But don't be discouraged because we're going to show you how. Finding a lower price on 2003 insurance can be surprisingly simple. You just have to take a little time to compare quotes online with multiple companies. This can be accomplished by getting a quick quote here.

What influences your insurance rates?

Insurance premiums on a 2003 can vary widely subject to many criteria. Taken into consideration are:

• Traffic citations increase rates
• Credit rating
• Where you live
• The number of annual miles
• Male rates may be higher
• The deductible you choose
• Your vehicle's safety rating
• Whether or not you have claims
• No coverage lapses saves money
• Whether you rent or own your home

One important consideration that helps determine your rates is the age of the vehicle. Models that are new cost more compared to older models so the payout to repair can inflate annual premiums. Conversely, newer vehicles have more advanced features such as lane departure warning system, a telematics system, and adaptive headlights which can help offset higher rates.

Auto liability

2003 liability coverage can cover 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. This coverage is usually fairly inexpensive so buy higher limits if possible.

Collision coverage

Collision insurance covers damage to your resulting from a collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage. Collision coverage for your 2003 can be pricey, so consider removing coverage from lower value vehicles. Drivers also have the option to increase the deductible to bring the cost down.

Comprehensive auto coverage

This coverage covers damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle's value it's probably time to drop comprehensive insurance.

Uninsured Motorist or Underinsured Motorist insurance

This provides protection from other drivers when they either are underinsured or have no liability coverage at all. Since many drivers carry very low liability coverage limits, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP reimburse you for expenses like doctor visits, EMT expenses, and X-ray expenses. They can be used in conjunction with a health insurance policy or if you do not have health coverage. Personal injury protection coverage is not an option in every state and may carry a deductible.