You have lots of choices when shopping for car insurance for your vehicle. You can get prices from an insurance agent or get quotes online to compare insurance costs of a lot of car insurance companies. Finding cheaper car insurance through online companies saves time, is easy to do and at the same time you may find lower rates.

Finding the best direct price on car insurance is challenging if you are a beginner to online quotes. But relax because we're going to show you how. The are a couple different ways of comparing rates from local car insurance companies. By far the easiest way to find the cheapest is to perform an online rate comparison. It is quite easy and can be accomplished by getting a quick quote here.

What factors determine your insurance rates?

Insurance premiums paid to insure a 2007 can vary widely and are calculated by many factors. Taken into consideration are:

• High performance increases premiums
• Any accidents you may have
• Home/auto policy bundles save money
• How you use your vehicle
• Your birth date
• Being married may save money
• Special coverage such as replacement cost
• Your job
• Your coverage level
• Whether you rent or own your home

One important consideration which can affect your rates is the age of the vehicle. Models that are a few years old have a reduced actual cash value compared to new models so the costs to repair may end up costing you less. On the flip side, newer vehicles have more advanced features like a telematics system, a collision avoidance system, tire pressure monitors, and traction control which can help offset higher rates.

Coverage for liability

This can cover damages or injuries you inflict on a person or their property that is your fault. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so buy higher limits if possible.

Collision insurance

This covers damage to your from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to increase the deductible to get cheaper .

Comprehensive coverage (or Other than Collision)

This covers damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle's value it's probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

This provides protection when other motorists 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. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Insurance for medical payments

Coverage for medical payments and/or PIP kick in for expenses like doctor visits, EMT expenses, and X-ray expenses. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. PIP coverage is not an option in every state and may carry a deductible.