You have many choices when shopping for insurance coverage for your vehicle. You can either buy through your neighborhood insurance agent or shop online to compare insurance costs of car insurance companies. Buying auto insurance from online rate quotes is easy, in addition you will probably save money.

People who are new to comparing rates may think buying low-cost 2001 insurance is more work than they want to put in. Getting better doesn't have to be difficult. Just take time comparing rates from different insurance companies. This can be accomplished by getting a quick quote here.

Criteria which help determine insurance rates

Insurance rates on a 2001 will vary greatly based upon several criteria. A few of these criteria are:

• The performance level of your 2001
• Your accident history
• Multiple policies can save money
• Pleasure use vs. commuting use
• Optional coverages like vehicle replacement
• No claims lowers premiums
• No coverage lapses saves money
• Owning a home can lower rates

One last important factor that helps determine the rate you pay on your is the year of manufacture. Models that are new cost more so repair costs are higher which will push premiums up. Conversely, newer models may have options such as a collision avoidance system, forward-collision avoidance, and active head restraints so those may help offset higher rates.

Liability insurance - Liability insurance protects you from injuries or damage you cause to people or other property in an accident. Liability insurance covers claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so purchase as much as you can afford.

Collision coverage - Collision insurance pays for damage to your resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder. Collision coverage for your 2001 can be pricey, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to bring the cost down.

Comprehensive protection - This coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage. The maximum amount a auto insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle's value consider dropping full coverage.

Uninsured/Underinsured Motorist coverage - This coverage provides protection from other drivers when they do not carry enough liability coverage. Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Medical expense coverage - Med pay and PIP coverage provide coverage for bills for things like ambulance fees, surgery, and doctor visits. They can be used in conjunction with a health insurance plan or if you do not have health coverage. PIP is not available in all states and may carry a deductible.