You have many choices when trying to insure your vehicle. You can get prices from an agent or go online to compare insurance costs of many different companies. Comparing car insurance from online companies can be fast and easy, in addition you can save money.

If you've never shopped for car insurance online, you may be confused by the hoards of companies offering insurance. There are several ways to get quotes from different insurance companies. The quickest method 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

Car insurance premiums on a 2001 can fluctuate considerably depending on several factors. A few of these criteria are:

• Higher performance 2001 vehicles cost more
• Accidents raise premiums
• Home and auto can earn discounts
• Pleasure use vs. commuting use
• Optional coverages like vehicle replacement
• Your occupation
• The level of coverage
• Owning a home can lower rates

An additional factor that can impact is the year of the vehicle. Used vehicles have a much lower replacement value than newer models so the cost to replace them may result in lower rates. Conversely, more recent vehicles may have safety features such as lane departure warning system, dual-stage airbags, and sideview assist mirrors which may help offset higher rates.

Liability coverage

This coverage will cover injuries or damage you cause to people or other property. Liability can pay for claims such as funeral expenses, loss of income, and emergency aid. Coverage is generally pretty cheap so you should buy as high a limit as you can afford.

Collision coverage

This coverage will pay to fix damage to your resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in. Collision coverage for your 2001 can be pricey, 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

This coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage. The most 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 it's not worth carrying full coverage.

Uninsured Motorist or Underinsured Motorist insurance

This coverage provides protection from other drivers when they are uninsured or don't have enough coverage. Because many people carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage pay for bills such as ambulance fees, surgery, and doctor visits. They can be used in conjunction with a health insurance program or if you do not have health coverage. Personal Injury Protection is only offered in select states and may carry a deductible.