You have lots of choices when shopping for car insurance for your vehicle. You can buy from an agent or get quotes online to compare insurance costs of many different car insurance companies. Comparing car insurance through online rate quotes saves time, is easy to do and at the same time you can save money.

Using the web to shop for car insurance direct is challenging if you are a beginner to online rate quotes. But don't let that discourage you because it's actually quite easy. There are several ways to compare rate quotes and find the best price. By far the easiest way to find the cheapest involves getting comparison quotes online. It is quite easy and can be accomplished by getting a quick quote here.

What factors determine the rate you pay?

Car insurance premiums for a 2001 will vary greatly and are calculated by many factors. Taken into consideration are:

• High performance increases premiums
• Your accident history
• Home and auto can earn discounts
• Use of your vehicle
• Mature drivers pay less
• Being married may save money
• Special coverage such as replacement cost
• Your occupation
• Insurance coverage level
• Whether you rent or own your home

An additional factor that can impact is the year of the vehicle. Used vehicles have a reduced actual cash value than newer models so repair costs tend to be lower which may end up costing you less. Although new models may have safety features included like adaptive cruise control, autonomous braking, traction control, and forward-collision avoidance so those may help offset higher rates.

Auto liability

This provides protection from damages or injuries you inflict on other people or property. Liability insurance covers things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so you should buy as much as you can afford.

Collision insurance

This coverage pays to fix your vehicle from damage caused by collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company. 2001 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper .

Comprehensive auto coverage

Comprehensive insurance covers damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle's value consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This provides protection from other motorists when they either have no liability insurance or not enough. Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance kick in for expenses such as doctor visits, EMT expenses, and X-ray expenses. They can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. PIP coverage is not universally available and may carry a deductible.