Finding cheaper car insurance from online rate quotes is easy and at the same time you can save money. The key is to take the time to get rates from all providers in order to have the lowest prices.

Consumers who are new to the process of comparison shopping may think purchasing affordable 2002 insurance is more work than they want to put in. There are several ways to get quotes from car insurance companies in your area. The easiest way to compare is to perform an online rate comparison. It is quite easy and can be accomplished by comparing rates here.

What factors impact your insurance rates?

Car insurance premiums paid to insure a 2002 can vary widely based upon several criteria. Taken into consideration are:

• Your driving record
• Credit rating
• Men typically pay more than women
• Deductible amount directly impacts your rate
• Your vehicle's safety rating
• Your occupation
• The amount of protection requested
• Whether you rent or own your home

An additional factor which can affect is the year of the vehicle. Models that are a few years old have a reduced actual cash value than newer models so the costs to repair will push premiums down. But more recent vehicles may have safety features including an advanced theft deterrent system, adaptive cruise control, active head restraints, and a telematics system which can lower rates.

Liability insurance - Liability insurance will cover damages or injuries you inflict on a person or their property that is your fault. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. Liability insurance is relatively cheap so you should buy higher limits if possible.

Collision - This will pay to fix damage to your from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder. This coverage can be expensive, so consider dropping it from older vehicles. You can also raise the deductible to save money on collision insurance.

Comprehensive protection - This pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if it's not worth much more than your deductible it's not worth carrying full coverage.

UM/UIM Coverage - This protects you and your vehicle's occupants when the "other guys" 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. For this reason, having high UM/UIM coverages should not be overlooked.

Medical expense coverage - Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as doctor visits, EMT expenses, and X-ray expenses. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. PIP is only offered in select states and gives slightly broader coverage than med pay.