You have lots of choices when shopping for car insurance for your vehicle. You can either contact an agent or shop online to compare pricing from many different car insurance companies. Finding cheaper car insurance through online rate quotes is easy and at the same time you can save money.

Consumers who are new to the process of comparison shopping may think purchasing cheap 2004 insurance is going to be difficult. There are several ways to get quotes and find the best price. By far the easiest way to find the lowest is to perform an online rate comparison. It is quite easy and can be accomplished by visiting this page.

What factors impact your insurance rates?

Car insurance premiums for a 2004 can vary widely based upon several criteria. Taken into consideration are:

  • The performance level of your 2004
  • Any accidents you may have
  • Home/auto policy bundles save money
  • Use of your vehicle
  • Young drivers cost more
  • Being married can lower rates
  • Special coverage such as replacement cost
  • Your occupation
  • Insurance coverage level
  • Whether you rent or own your home

An additional factor which can affect is the year of the vehicle. Models that are a few years old have a reduced actual cash value than newer models so repair costs tend to be lower which will push premiums down. Although more recent vehicles may have safety features included like adaptive cruise control, autonomous braking, traction control, and forward-collision avoidance which can provide discounts that lower premiums.

Auto liability

Liability insurance will cover damages or injuries you inflict on other people or property that is your fault. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. Liability insurance is relatively cheap so you should buy higher limits if possible.

Collision insurance

This will pay to fix damage to your caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder. 2004 collision insurance is rather expensive coverage, so consider dropping it from older vehicles. Another option is to raise the deductible in order to get cheaper .

Comprehensive auto coverage

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it's not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection from other motorists when they are uninsured or don't have enough coverage. Since a lot of drivers only purchase the least amount of liability that is required, 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 and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as doctor visits, EMT expenses, and X-ray expenses. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. PIP is only offered in select states but can be used in place of medical payments coverage.