Finding cheaper car insurance on the web is easy and there is a good chance you may find lower rates. The key is to compare rates from all companies in order to have the lowest rate quotes.

Consumers who are new to the process of shopping for insurance may think buying low-cost 2002 insurance is not very easy. The are a couple different ways to get quotes and find the best price. By far the easiest way to compare is to perform an online rate comparison. This can be accomplished by comparing rates here.

Insurance premiums on a 2002 will vary greatly based upon several criteria. Some of these factors include:

• Your driving record
• Your credit history
• Men typically pay more than women
• Deductible amount directly impacts your rate
• Safety rating of your 2002
• Your job
• Insurance coverage level
• Whether you own your home

One important consideration which can affect your rates is the age of the vehicle. Models that are a few years old cost less compared to new models so the cost to replace them will push premiums down. Although more recent vehicles have more advanced features included like a telematics system, blind-spot warning system, and sideview assist mirrors so those may lower rates.

Liability car insurance

Liability insurance will cover damage that occurs to people or other property that is your fault. Liability insurance covers things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Liability insurance is relatively cheap so buy as much as you can afford.

Collision insurance

This will pay to fix damage to your resulting from a collision with another car or object. You have to pay a deductible and then insurance will cover the remainder. Collision coverage for your 2002 can be pricey, so consider dropping it from lower value vehicles. You can also increase the deductible in order to get cheaper .

Comprehensive car insurance

This coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay. The maximum amount you'll receive from a claim is the actual cash value, so if it's not worth much more than your deductible it's not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

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

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses like nursing services, prosthetic devices, and dental work. They are often used in conjunction with a health insurance plan or if you are not covered by health insurance. PIP is only offered in select states and gives slightly broader coverage than med pay.