You have lots of choices when trying to insure your vehicle. You can buy direct from a local agent or price shop online to compare rates from a lot of auto insurance companies. Comparing auto insurance through online companies is simple to do and at the same time you might just save a little.

Using the web to shop for auto insurance direct is challenging if you have never used online quotes. Don't let that stop you because comparing prices is actually very simple. Finding a lower price on 2004 insurance is not a difficult process. You just have to take a little time to get quotes online with multiple companies. This can be done by comparing rates here.

What influences your insurance rates?

Auto insurance rates for your 2004 can vary widely subject to many criteria. Taken into consideration are:

  • More performance equals higher cost
  • Any accidents you may have
  • Home and auto can earn discounts
  • Pleasure, commuting or business use can affect rates
  • Young drivers cost more
  • Whether you are married
  • Special coverage such as replacement cost
  • Claims drive up premiums
  • No coverage lapses saves money
  • Whether you rent or own your home

A final factor that can impact is the model year. Newer models have a higher value in comparison to later models so the payout to repair can inflate annual premiums. Conversely, more recent vehicles may have a trim level with safety features such as a telematics system, adaptive cruise control, and traction control which can lower rates.

Coverage for liability

2004 liability coverage will cover damages or injuries you inflict on other's property or people. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. This coverage is usually fairly inexpensive so consider buying higher limits if possible.

Collision coverage

This coverage will pay to fix damage to your resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also bump up the deductible to bring the cost down.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by your comprehensive insurance. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if it's not worth much more than your deductible it's not worth carrying full coverage.

Uninsured Motorist or Underinsured Motorist insurance

This protects you and your vehicle's occupants from other drivers when they are uninsured or don't have enough coverage. Because many people only carry the minimum required liability limits, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses (i.e. doctor visits, EMT expenses, and X-ray expenses). They are often utilized in addition to your health insurance policy or if you do not have health coverage. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay.