You have lots of choices when shopping for insurance coverage for your vehicle. You can get prices from your neighborhood insurance agent or go online to compare rates from multiple companies. Finding cheaper auto insurance online can be fast and easy and at the same time you will probably save money.

If you are a novice to online auto insurance shopping, it's easy to be confused by the hoards of auto insurance companies competing for your business. Getting better is not rocket science. Just take time comparing rates provided by online insurance companies. It is quite easy and can be accomplished by comparing rates here.

Which factors influence your insurance rates?

Insurance rates for a 2007 can vary widely depending on several factors. Taken into consideration are:

• Higher performance 2007 vehicles cost more
• Any accidents you may have
• Home/auto policy bundles save money
• Use of your vehicle
• Special coverage such as replacement cost
• No claims lowers premiums
• Maintaining coverage lowers rates
• Whether you rent or own your home

One last important factor which can affect the rate you pay on your is the year of manufacture. Newer models have a higher actual cash value so the cost to replace them can inflate annual premiums. But more recent vehicles may have options including adaptive headlights, sideview assist mirrors, automatic crash notification, and pedestrian detection which can lower rates.

Liability coverage - This coverage will cover damages or injuries you inflict on other people or property that is your fault. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. Coverage is generally pretty cheap so purchase higher limits if possible.

Collision coverage - This will pay to fix damage to your caused by collision with an object or car. You will need to pay your deductible then your collision coverage will kick in. 2007 collision insurance is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.

Comprehensive coverage - Comprehensive insurance pays for damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if it's not worth much more than your deductible it's not worth carrying full coverage.

Uninsured/Underinsured Motorist 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 payments coverage and PIP - Personal Injury Protection (PIP) and medical payments coverage pay for expenses for things like doctor visits, EMT expenses, and X-ray expenses. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay.