Drivers have lots of options when buying insurance for your vehicle. You can either buy through an agent or go online to compare insurance costs of a lot of car insurance companies. Finding cheaper car insurance through online companies can be fast and easy, plus you can save money.

If you are a novice to online car insurance shopping, you may be overwhelmed by the hoards of online companies offering insurance. There are several ways to get quotes from different insurance companies. The recommended way 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...

Car insurance premiums paid to insure a 2003 will vary greatly depending on several factors. Including but not limited to:

• Higher performance 2003 vehicles cost more
• Your accident history
• Home/auto policy bundles save money
• How you use your vehicle
• Young drivers cost more
• Being married may save money
• Add-on coverages such as rental reimbursement
• Your occupation
• The level of coverage
• Home ownership saves money

An additional factor which can affect is the year of the vehicle. Models that are a few years old have a lower value than newer models so the costs to repair may result in lower rates. Conversely, more recent vehicles may have safety features such as adaptive cruise control, pedestrian detection, and lane departure warning system so those may help offset higher rates.

Coverage for liability - This coverage will cover damage or injury you incur to a person or their property that is your fault. Liability insurance covers claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Coverage is generally pretty cheap so you should buy as much as you can afford.

Collision coverage - This will pay to fix damage to your from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Comprehensive coverage (or Other than Collision) - This covers damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage. The maximum amount your car insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle's value it's not worth carrying full coverage.

Uninsured/Underinsured Motorist coverage - Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don't have enough coverage. Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Insurance for medical payments - Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses such as EMT expenses, pain medications, and nursing services. They can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. Personal Injury Protection is only offered in select states and may carry a deductible.