Finding cheaper car insurance from online rate quotes is easy and there is a good chance you can save money. The key is to compare as many rate quotes as possible so you can get the cheapest rate quotes.

Consumers who are new to the process of shopping for insurance may think buying cheap 2003 insurance is more work than they want to put in. There are several ways to compare quotes from local car insurance companies. The recommended way to find competitive is to perform an online rate comparison. This can be accomplished by completing this short form.

Car insurance premiums for a 2003 will vary greatly based upon several criteria. Some of these factors include:

  • Your driving record
  • Your credit history
  • Your gender can raise or lower rates
  • Low deductibles cost more
  • Safety rating of your 2003
  • Your occupation
  • Your coverage level
  • Whether you own your home

An additional factor which can affect is the year of the vehicle. Models that are a few years old cost less than newer models so repair costs tend to be lower which will push premiums down. On the flip side, newer models may have safety features like adaptive cruise control, anti-lock brakes, and active head restraints so those may give discounted rates.

Liability insurance - Liability insurance protects you from damage that occurs to other people or property that is your fault. Liability insurance covers things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Liability insurance is relatively cheap so you should buy as much as you can afford.

Collision coverage - This pays for damage to your caused by collision with another car or object. You have to pay a deductible and then insurance will cover the remainder. 2003 collision insurance is rather expensive coverage, so consider dropping it from older vehicles. It's also possible to raise the deductible to get cheaper .

Comprehensive protection - Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage. The maximum amount you'll receive from a claim is the actual cash value, so if the vehicle's value is low consider dropping full coverage.

Uninsured/Underinsured Motorist coverage - Your UM/UIM coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical expense coverage - Med pay and PIP coverage provide coverage for short-term medical expenses such as nursing services, prosthetic devices, and dental work. They are used to fill the gap from your health insurance plan or if you lack health insurance entirely. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage.