You have many choices when attempting to insure your vehicle. You can either buy through an insurance agent or go online to compare insurance costs of lots of different providers. Comparing car insurance through online providers can be fast and easy, in addition you may find lower rates.

If you've never shopped for car insurance online, you may be confused by the hoards of companies selling insurance. The are a couple different ways to compare quotes and find the best price. The fastest way to find the cheapest involves getting comparison quotes online. This is very easy and can be done by getting a quick quote here.

Criteria which help determine insurance rates

Insurance premiums on a 2003 will vary greatly depending on several factors. A few of these criteria are:

  • Higher performance 2003 vehicles cost more
  • Your accident history
  • Home and auto can earn discounts
  • Pleasure use vs. commuting use
  • Your age
  • Being married may save money
  • Optional coverages like vehicle replacement
  • Your job
  • Insurance coverage level
  • Owning a home can lower rates

One important consideration that can impact your rates is the age of the vehicle. Used vehicles have a much lower replacement value compared to new models so the cost to replace them may result in lower rates. Although newer models have more advanced features included like active head restraints, automatic crash notification, blind-spot warning system, and adaptive cruise control so those may help offset higher rates.

Liability auto insurance

This coverage protects you from injuries or damage you cause to people or other property. Liability insurance covers claims such as funeral expenses, loss of income, and emergency aid. Coverage is generally pretty cheap so buy as much as you can afford.

Auto collision coverage

This coverage 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 then your collision coverage will kick in. Collision coverage for your 2003 can be pricey, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper .

Comprehensive (Other than Collision)

This coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay. The maximum amount a car insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle's value consider dropping full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage provides protection from other motorists when they do not carry enough liability coverage. Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Medical expense insurance

Med pay and PIP coverage pay for bills like ambulance fees, surgery, and doctor visits. They can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Personal Injury Protection is not available in all states and may carry a deductible.