Finding cheaper car insurance by comparing rates online is easy, plus you might just save a little. The key is getting rates from all companies in order to accurately compare the lowest prices.

Consumers who are new to the process of buying insurance may think shopping for low-cost 2008 insurance is going to be difficult. When shopping for car insurance there are multiple ways of comparing rates from different insurance companies. The easiest way to find the cheapest is to perform an online rate comparison. This can be done by getting a quick quote here.

Premiums are calculated by the following

Auto insurance rates on a 2008 can be significantly different based upon several criteria. Including but not limited to:

• Your driving record
• Better credit means lower rates
• Male rates may be higher
• The deductible you choose
• Crash test rating for your 2008
• What you do for a living
• The level of coverage
• Home ownership saves money

A final factor which can affect is the model year. Models that are a few years old have a lower value in comparison to older models so the cost to replace them will push premiums down. Conversely, newer vehicles may have a trim level with safety features such as automatic crash notification, sideview assist mirrors, blind-spot warning system, and all-wheel drive that may help help offset higher rates.

Auto liability insurance - Liability insurance can cover damage or injury you incur to people or other property that is your fault. Liability coverage protects against claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Liability insurance is relatively cheap so consider buying as large an amount as possible.

Collision - This covers damage to your resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder. Collision coverage for your 2008 can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to bring the cost down.

Comprehensive insurance - This coverage covers damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by your comprehensive insurance. The highest amount your car insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle's value it's probably time to drop comprehensive insurance.

UM/UIM Coverage - Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Med pay and Personal Injury Protection (PIP) - Coverage for medical payments and/or PIP provide coverage for immediate expenses (i.e. EMT expenses, pain medications, and nursing services). They can be used in conjunction with a health insurance policy or if you do not have health coverage. PIP is not an option in every state and may carry a deductible.