There are many options when comparing insurance rates on your vehicle. You can buy direct from a local agent or price shop online to compare insurance costs of insurance providers. Finding cheaper auto insurance by comparing rates online is simple to do and there is a good chance you might just save a little.

Finding the best direct price on auto insurance can be a challenge if you have never used online quotes. Don't let that stop you because comparing prices is actually very simple. Finding a better price on auto insurance can be quick and easy. Consumers just need to spend a few minutes to get quotes online with multiple companies. It is quite easy and can be accomplished by getting a quick quote here.

Auto insurance rates for your 2001 can vary widely subject to many criteria. Some of these factors include:

• More performance equals higher cost
• Any accidents you may have
• Home/auto policy bundles save money
• Pleasure, commuting or business use can affect rates
• Extra coverages like towing and rental
• Claims drive up premiums
• No coverage lapses saves money
• Whether you own your home

A final factor which can affect is the model year. Models that are new have a higher actual cash value in comparison to later models so the payout to repair can inflate annual premiums. Conversely, newer vehicles may have a trim level with safety features such as forward-collision avoidance, adaptive cruise control, and active head restraints which can help offset higher rates.

Auto liability insurance - 2001 liability coverage can cover damage that occurs to other's property or people that is your fault. Liability coverage pays for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. This coverage is usually fairly inexpensive so consider buying higher limits if possible.

Collision coverages - This covers damage to your resulting from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Drivers also have the option to bump up the deductible to bring the cost down.

Comprehensive insurance - Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by your comprehensive insurance. The maximum payout you'll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle's value it's probably time to drop comprehensive insurance.

Uninsured and underinsured coverage - Your UM/UIM coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Since a lot of drivers carry very low liability coverage limits, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Med pay and Personal Injury Protection (PIP) - Coverage for medical payments and/or PIP reimburse you for short-term medical expenses (i.e. nursing services, prosthetic devices, and dental work). They can be utilized in addition to your health insurance policy or if you do not have health coverage. Personal injury protection coverage is not an option in every state and may carry a deductible.