Finding cheaper car insurance on the web saves time, is easy to do and at the same time you may find lower rates. The key to finding lower rates is to compare rates from as many companies as possible in order to accurately compare the best prices.

Finding the best direct price on car insurance is challenging if you are a beginner to online rate quotes. Don't let that stop you because we're going to show you how. The are a couple different ways to compare quotes from different insurance companies. One of the best ways to find the cheapest is to perform an online rate comparison. It is quite easy and can be accomplished by getting a quick quote here.

What factors determine the rate you pay?

Insurance premiums for your 2001 will vary greatly and are calculated by many factors. Taken into consideration are:

• Tickets increase premiums
• Your credit history
• Your gender can raise or lower rates
• The deductible you choose
• Your vehicle's safety rating
• Your job
• The level of coverage
• Whether you rent or own your home

One important consideration which can affect your rates is the age of the vehicle. Models that are a few years old have a reduced actual cash value compared to new models so the payout to repair may end up costing you less. Conversely, newer models have more advanced features such as a telematics system, lane departure warning system, and tire pressure monitors so those may help offset higher rates.

Liability car insurance - This protects you from damages or injuries you inflict on other's property or people that is your fault. Liability insurance covers things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so buy as much as you can afford.

Collision coverages - This pays for damage to your resulting from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to increase the deductible to bring the cost down.

Comprehensive car insurance - Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle's value consider dropping full coverage.

Uninsured and underinsured coverage - This provides protection from other drivers when they do not carry enough liability coverage. Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Coverage for medical expenses - Med pay and PIP coverage kick in for expenses like doctor visits, EMT expenses, and X-ray expenses. They can be utilized in addition to your health insurance plan or if you do not have health coverage. PIP coverage is not available in all states and may carry a deductible.