There are many options when shopping for insurance coverage for your vehicle. You can buy direct from an insurance agent or shop online to compare rates from multiple insurance companies. Finding cheaper auto insurance on the web is easy and there is a good chance you may find lower rates.

Consumers who are new to the process of shopping for insurance may think buying cut-rate 2001 insurance is not very easy. Getting better isn't really that difficult. Just take time to compare quotes from different insurance companies. It is quite easy and can be accomplished by comparing rates here.

Insurance premiums for your 2001 will vary greatly based upon several criteria. Some of these factors include:

• The performance level of your 2001
• Your accident history
• Home/auto policy bundles save money
• Pleasure, commuting or business use can affect rates
• Mature drivers pay less
• Whether you are married
• Extra coverages like towing and rental
• Whether or not you have claims
• Maintaining coverage lowers rates
• Whether you own your home

One important consideration which can affect your rates is the age of the vehicle. Newer models have a higher actual cash value compared to older models so repair costs are higher which will push premiums up. But new models have more advanced features including dual-stage airbags, a telematics system, and pedestrian detection so those may lower rates.

Liability car insurance - Liability insurance provides protection from damage that occurs to other's property or people 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 buy as much as you can afford.

Collision coverage - This pays to fix your vehicle from damage resulting from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. You can also increase the deductible to save money on collision insurance.

Comprehensive auto insurance - Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay. The maximum amount you'll receive from a claim is the actual cash value, so if it's not worth much more than your deductible consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage - Your UM/UIM coverage protects you and your vehicle's occupants when the "other guys" either have no liability insurance or not enough. Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Coverage for medical expenses - Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses like nursing services, prosthetic devices, and dental work. They are often utilized in addition to your health insurance plan or if there is no health insurance coverage. PIP is not universally available and gives slightly broader coverage than med pay.