Finding cheaper auto insurance by getting online quotes saves time, is easy to do and at the same time you may find lower rates. The key to finding lower rates is to take the time to get as many rate quotes as possible so you can get the lowest rate quotes.

Finding the best direct price on auto insurance is challenging if you are a beginner to online quotes. But don't let that discourage you because we're going to show you how. Lowering your can be relatively painless. You just need to take a few minutes to compare quotes online from several insurance companies. It is quite easy and can be accomplished by completing this short form.

What factors determine your insurance rates?

Insurance premiums for a 2001 can vary widely and are calculated by many factors. Taken into consideration are:

• Tickets increase premiums
• Credit rating
• Men typically pay more than women
• Low deductibles cost more
• Your vehicle's safety rating
• Whether or not you have claims
• Maintaining coverage lowers rates
• Whether you rent or own your home

One important consideration which can affect your rates is the age of the vehicle. New vehicles have a higher actual cash value compared to older models so the costs to repair can inflate annual premiums. But more recent vehicles have more advanced features including adaptive headlights, blind-spot warning system, and a rollover prevention system which can give discounted rates.

Liability

This will cover damages or injuries you inflict on other people or property that is your fault. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so buy higher limits if possible.

Collision insurance

This will pay to fix damage to your caused by collision with an object or car. You will need to pay your 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 lower value vehicles. It's also possible to increase the deductible to save money on collision insurance.

Comprehensive or Other Than Collision

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle's value is low it's not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle when the "other guys" are uninsured or don't have enough coverage. Since a lot of drivers have only the minimum liability required by law, it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses like doctor visits, EMT expenses, and X-ray expenses. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage.