Finding cheaper car insurance from online rate quotes is easy and there is a good chance you will probably save money. The key is to take the time to get rates from as many companies as possible so you can compare all your choices.

Consumers who are new to the process of shopping for insurance may think purchasing cut-rate 2003 insurance is more work than they want to put in. To find the best car insurance prices, there are several ways to get quotes from different insurance companies. The fastest way to find the lowest is to perform an online rate comparison. This can be accomplished by visiting this page.

Insurance rates for your 2003 can vary widely based upon several criteria. Some of these factors include:

• Your driving record
• Credit rating
• The size of your community
• High miles vs. low miles
• Men typically pay more than women
• Higher deductibles save money
• Safety rating of your 2003
• Your profession
• The level of coverage
• Whether you own your home

One last important factor which can affect the rate you pay on your is the year of manufacture. Models that are a few years old cost less so the payout to repair will push premiums down. Conversely, more recent vehicles may have options such as forward-collision avoidance, adaptive cruise control, and lane departure warning system which can provide discounts that lower premiums.

Liability insurance

Liability insurance will cover damage that occurs to other's property or people that is your fault. Liability coverage pays for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Liability insurance is relatively cheap so purchase higher limits if possible.

Auto collision coverage

This will pay to fix damage to your resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to bring the cost down.

Comprehensive protection

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage. The maximum payout you'll receive from a claim is the actual cash value, so if the vehicle is not worth much it's not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage gives you protection from other drivers when they are uninsured or don't have enough coverage. Since a lot of 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 should not be overlooked.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for things like nursing services, prosthetic devices, and dental work. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. PIP is only offered in select states but can be used in place of medical payments coverage.