Shopping for auto insurance from online rate quotes saves time, is easy to do and there is a good chance you might just save a little. The key to finding lower rates is to take the time to get rates from as many companies as possible in order to accurately compare the lowest rate quotes.

Comparing auto insurance rates direct online can be a challenge if you are a beginner to online quotes. Don't let that stop you because comparing prices is actually very simple. Lowering your doesn't have to be difficult. You just need to take a few minutes to get quotes online from several insurance companies. This is very easy and can be done by getting a quick quote here.

Auto insurance rates for your 2001 can vary widely and are calculated by many factors. Some of these factors include:

• Tickets increase premiums
• Credit rating
• Your gender can raise or lower rates
• The deductible you choose
• Safety rating of your 2001
• Claims drive up premiums
• Having current coverage saves
• Whether you own your home

A final factor that will help determine is the model year. Models that are new have a higher replacement value in comparison to later models so the costs to repair can inflate annual premiums. On the flip side, newer models may have a trim level with safety features like pedestrian detection, tire pressure monitors, and autonomous braking which can help offset higher rates.

Liability insurance

This protects you from damage that occurs to other's property or people by causing an accident. Liability coverage pays for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. It is cheap coverage so consider buying higher limits if possible.

Collision insurance

Collision coverage pays for damage to your resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to bump up the deductible to get cheaper .

Comprehensive protection

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by your comprehensive insurance. The maximum payout you'll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle's value consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage provides protection when other motorists do not carry enough liability coverage. Due to the fact that many drivers carry very low liability coverage limits, it doesn't take a major accident to exceed their coverage limits. That's why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Medical expense coverage

Med pay and PIP coverage kick in 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 lack health insurance entirely. PIP coverage is not available in all states and may carry a deductible.