Finding cheaper auto insurance through online companies can be fast and easy and at the same time you can save money. The most important part is to compare rates from all companies in order to accurately compare all possible prices.

If you are a novice to online auto insurance shopping, it's easy to be confused by the hoards of companies offering insurance. Finding cheaper coverage prices is not a difficult process. All you need to do is take the time getting comparison quotes provided by online insurance companies. It is quite easy and can be accomplished by getting a quick quote here.

Which factors influence the rate you pay?

Car insurance premiums on a 2002 will vary greatly depending on several factors. Taken into consideration are:

• A clean driving record keeps rates low
• Your credit history
• Men typically pay more than women
• The deductible you choose
• Your vehicle's safety rating
• Your claim history
• Having continuous coverage saves you money
• Whether you rent or own your home

An additional factor which can affect is the year of the vehicle. Models that are new have a higher actual cash value than older models so the cost to replace them will push premiums up. Although more recent vehicles may have safety features included like active head restraints, traction control, and a rollover prevention system so those may help offset higher rates.

Coverage for liability

This coverage will cover damages or injuries you inflict on people or other property that is your fault. Liability insurance covers things such as emergency aid, pain and suffering, and medical services. Coverage is generally pretty cheap so you should buy as much as you can afford.

Collision protection

This will pay to fix damage to your resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in. Collision coverage for your 2002 can be pricey, so you might think about dropping it from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper .

Comprehensive coverage (or Other than Collision)

This coverage covers damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage. The maximum amount you can receive from a comprehensive claim 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 or underinsured coverage

This provides protection from other motorists when they are uninsured or don't have enough coverage. Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for expenses such as doctor visits, EMT expenses, and X-ray expenses. They can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Personal Injury Protection is only offered in select states and may carry a deductible.