Drivers have lots of options when trying to find low-cost insurance for your vehicle. You can either contact an insurance agent or price shop online to compare insurance costs of multiple companies. Finding cheaper car insurance online is simple to do, plus you may find lower rates.

Finding the best direct price on car insurance can be difficult if you have never used online quotes. But don't let that discourage you because we're going to show you how. The are a couple different ways of comparing rates and find the best price. The simplest method 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

Insurance premiums for a 2003 can vary widely subject to many criteria. Including but not limited to:

  • More performance equals higher cost
  • Any accidents you may have
  • Home/auto policy bundles save money
  • Use of your vehicle
  • Add-on coverages such as rental reimbursement
  • Your job
  • Insurance coverage level
  • Home ownership saves money

One important consideration which can affect your rates is the age of the vehicle. Models that are a few years old have a lower value compared to new models so repair costs tend to be lower which can decrease annual premiums. Although newer vehicles have more advanced features included like a telematics system, adaptive cruise control, and anti-lock brakes which can help offset higher rates.

Liability coverage

2003 liability coverage can cover damage or injury you incur to other people or property that is your fault. Liability coverage pays for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. This coverage is usually fairly inexpensive so buy higher limits if possible.

Coverage for collisions

This covers damage to your caused by collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage. 2003 collision insurance is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper .

Comprehensive coverage

Comprehensive insurance covers damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay. The maximum payout your car insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle's value it's probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. Since a lot of drivers carry very low liability coverage limits, it doesn't take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP reimburse you for immediate expenses like EMT expenses, pain medications, and nursing services. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Personal injury protection coverage is not an option in every state and may carry a deductible.