Drivers have lots of options when buying insurance for your vehicle. You can buy from a local agent or go online to compare insurance costs of insurance providers. Finding cheaper car insurance by comparing rates online can be fast and easy, plus you might just save a little.

If you are a novice to online car insurance shopping, you may be overwhelmed by the hoards of companies vying for your business. When shopping for car insurance there are multiple ways to compare quotes from car insurance companies in your area. 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 these factors

Auto insurance rates on a 2006 will vary greatly depending on several factors. Including but not limited to:

  • Higher performance 2006 vehicles cost more
  • Your accident history
  • Home/auto policy bundles save money
  • Pleasure use vs. commuting use
  • Add-on coverages such as rental reimbursement
  • What you do for a living
  • The amount of protection requested
  • Home ownership saves money

A final factor which can affect is the model year. Models that are a few years old have a lower value in comparison to older models so the cost to replace them may result in lower rates. But newer models may have a trim level with safety features including a backup camera, an advanced theft deterrent system, dual-stage airbags, and pedestrian detection so those may help offset higher rates.

Auto liability insurance - This coverage protects you from damage or injury you incur to people or other 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 consider buying as much as you can afford.

Collision coverage - This pays for damage to your resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in. Collision coverage for your 2006 can be pricey, so you might think about dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Comprehensive insurance - This coverage covers damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by your comprehensive insurance. 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 consider dropping full coverage.

Uninsured/Underinsured Motorist coverage - Uninsured or Underinsured Motorist coverage provides protection when the "other guys" do not carry enough liability coverage. Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Med pay and Personal Injury Protection (PIP) - Med pay and PIP coverage pay for immediate expenses (i.e. EMT expenses, pain medications, and nursing services). They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Personal Injury Protection is not available in all states and may carry a deductible.