Finding cheaper auto insurance by comparing rates online is easy and at the same time you will probably save money. The key is to compare rates from all providers so you can get every option.

Consumers who are new to the process of comparison shopping may think buying affordable 1998 insurance is going to be difficult. Finding a lower price on 1998 insurance can be quick and easy. You just have to take a little time comparing rates from different insurance companies. It is quite easy and can be accomplished by completing this short form.

What factors impact the rate you pay?

Insurance rates paid to insure a 1998 will vary greatly based upon several criteria. Taken into consideration are:

• Your driving record
• Your credit history
• The size of your community
• Annual mileage can affect rates
• Men typically pay more than women
• Low deductibles cost more
• Your vehicle's safety rating
• No claims lowers premiums
• Having continuous coverage saves you money
• Whether you rent or own your home

One last important factor which can affect the rate you pay on your is the year of manufacture. New vehicles have a higher actual cash value so repair costs are higher which will push premiums up. Although more recent vehicles may have options included like dual-stage airbags, a rollover prevention system, and lane departure warning system so those may give discounted rates.

Auto liability insurance

Liability insurance will cover damages or injuries you inflict on a person or their property that is your fault. Liability insurance covers things such as emergency aid, pain and suffering, and medical services. Liability insurance is relatively cheap so purchase as much as you can afford.

Collision coverage

This will pay to fix damage to your from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. It's also possible to choose a higher deductible in order to get cheaper .

Comprehensive insurance

This pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle's value is low it's not worth carrying full coverage.

Uninsured Motorist or Underinsured Motorist insurance

This protects you and your vehicle from other motorists when they are uninsured or don't have enough coverage. Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like doctor visits, EMT expenses, and X-ray expenses. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage.