You have many choices when finding cheaper insurance coverage on your vehicle. You can either contact your neighborhood insurance agent or get quotes online to compare pricing from insurance carriers. Buying car insurance by getting online quotes saves time, is easy to do, in addition you will probably save money.

Shopping online for car insurance can be complicated if you are a beginner to online quotes. But don't let that discourage you because there is an easy way to compare rates. To find the best car insurance prices, there are several ways of comparing rates from different insurance companies. The easiest way by far to find the lowest is to get quotes online. This is very easy and can be done by visiting this page.

Criteria which help determine

Insurance rates for a 2002 can vary widely and are calculated by many factors. A few of these criteria are:

• High performance increases premiums
• Any accidents you may have
• Multiple policies can save money
• Use of your vehicle
• Optional coverages like vehicle replacement
• Your profession
• The level of coverage
• Owning a home can lower rates

One last important factor that helps determine the rate you pay on your is the year of manufacture. Older models have a much lower replacement value so repair costs tend to be lower which may end up costing you less. Conversely, newer vehicles may have options such as traction control, adaptive headlights, and automatic crash notification which can provide discounts that lower premiums.

Liability

This can cover injuries or damage you cause to other people or property in an accident. Liability coverage pays for claims such as funeral expenses, loss of income, and emergency aid. It is cheap coverage so purchase higher limits if possible.

Collision protection

Collision insurance covers damage to your caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company. 2002 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to bring the cost down.

Comprehensive or Other Than Collision

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much it's probably time to drop comprehensive insurance.

Uninsured or underinsured coverage

This coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Since many drivers only purchase the least amount of liability that is required, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for bills for things like ambulance fees, surgery, and doctor visits. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. PIP coverage is not an option in every state but can be used in place of medical payments coverage.