Comparing auto insurance through online rate quotes can be fast and easy and at the same time you may find lower rates. The most important part is to take the time to get rates from all companies in order to accurately compare the lowest prices.

If you've never shopped for auto insurance online, it's easy to be confused by the hoards of companies selling insurance. Cutting your can be surprisingly simple. Drivers just need to take a couple of minutes to compare quotes provided by online insurance companies. This can be done by getting a quick quote here.

Which factors influence your insurance rates?

Insurance premiums on a 2002 can vary widely depending on several factors. Taken into consideration are:

• A clean driving record keeps rates low
• Credit rating
• Men typically pay more than women
• The deductible you choose
• Your vehicle's safety rating
• Whether or not you have claims
• Having current coverage saves
• Whether you rent or own your home

One important consideration that can impact your rates is the age of the vehicle. Models that are new have a higher value compared to older models so the cost to replace them can inflate annual premiums. On the flip side, more recent vehicles have more advanced features like an advanced theft deterrent system, traction control, lane departure warning system, and dual-stage airbags which can help offset higher rates.

Auto liability - This coverage will cover damages or injuries you inflict on people or other property. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. Coverage is generally pretty cheap so buy higher limits if possible.

Collision - This coverage will pay to fix damage to your resulting from a collision with an object or car. You will need to pay your deductible then your collision coverage will kick in. Collision coverage for your 2002 can be pricey, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible to get cheaper .

Comprehensive auto coverage - This coverage covers damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle's value it's not worth carrying full coverage.

UM/UIM Coverage - This provides protection when other motorists are uninsured or don't have enough coverage. Because many people carry very low liability coverage limits, it doesn't take a major accident to exceed their coverage limits. That's why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Medical payments and PIP coverage - Personal Injury Protection (PIP) and medical payments coverage pay 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 lack health insurance entirely. Personal Injury Protection is only offered in select states and may carry a deductible.