Drivers have lots of options when trying to find low-cost insurance for your vehicle. You can either buy through an agent or get quotes online to compare rates from car insurance companies. Finding cheaper auto insurance from online rate quotes saves time, is easy to do, plus you can save money.

Finding the best direct price on auto insurance can be difficult if you are a beginner to online quotes. But don't let that discourage you because it's actually quite easy. Getting lower doesn't have to be difficult. The only thing you need to do is invest a little time getting comparison quotes online from several insurance companies. It is quite easy and can be accomplished by comparing rates here.

Premiums are calculated by...

Car insurance premiums for a 2007 can vary widely and are calculated by many factors. Including but not limited to:

• High performance increases premiums
• Any accidents you may have
• Home/auto policy bundles save money
• Use of your vehicle
• Add-on coverages such as rental reimbursement
• Your claim history
• No coverage lapses saves money
• Home ownership saves money

An additional factor which can affect is the year of the vehicle. Newer models have a higher actual cash value than older models so the costs to repair can inflate annual premiums. Conversely, more recent vehicles may have safety features such as tire pressure monitors, anti-lock brakes, and forward-collision avoidance which can lower rates.

Liability insurance

This will cover damage or injury you incur to other people or property that is your fault. Liability coverage pays for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. It is cheap coverage so you should buy higher limits if possible.

Coverage for collisions

This will pay to fix damage to your caused by collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company. 2007 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. You can also raise the deductible to bring the cost down.

Comprehensive protection

Comprehensive insurance pays for damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage. The maximum payout your auto insurance company will pay is the cash value of the vehicle, so if it's not worth much more than your deductible it's not worth carrying full coverage.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants from other drivers when they are uninsured or don't have enough coverage. Since a lot of drivers only carry the minimum required liability limits, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses such as EMT expenses, pain medications, and nursing services. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. PIP coverage is only offered in select states and gives slightly broader coverage than med pay.