Finding cheaper car insurance online is easy, in addition you may find lower rates. The key is to compare rates from as many companies as possible in order to have the best prices.

Consumers who are new to the process of comparing rates may think buying cut-rate 2008 insurance is very challenging. The are a couple different ways to compare rate quotes from local car insurance companies. One of the best ways to compare is to perform an online rate comparison. This is very easy and can be done by comparing rates here.

Criteria which help determine your insurance rates

Insurance premiums for your 2008 will vary greatly based upon several criteria. A few of these criteria are:

• Your driving record
• Your credit history
• Male drivers pay higher rates
• Deductible amount directly impacts your rate
• NTSB crash rating for your vehicle
• Your job
• Your coverage level
• Owning a home can lower rates

One important consideration which can affect your rates is the age of the vehicle. Models that are a few years old have a much lower replacement value compared to new models so the payout to repair will push premiums down. On the flip side, new models have more advanced features like dual-stage airbags, tire pressure monitors, and blind-spot warning system so those may lower rates.

Liability coverage - Liability insurance provides protection from injuries or damage you cause to other's property or people that is your fault. Liability insurance covers claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so buy as much as you can afford.

Collision coverages - This pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. You can also increase the deductible to get cheaper .

Comprehensive coverage - Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay. The maximum amount a car insurance company will pay at claim time is the actual cash value, so if it's not worth much more than your deductible consider removing comprehensive coverage.

Uninsured and underinsured coverage - This coverage protects you and your vehicle's occupants when other motorists either have no liability insurance or not enough. Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical payments coverage and PIP - Medical payments and Personal Injury Protection insurance provide coverage for bills like ambulance fees, surgery, and doctor visits. They are often utilized in addition to your health insurance plan or if you lack health insurance entirely. PIP is not universally available and gives slightly broader coverage than med pay.