Comparing auto insurance from online companies saves time, is easy to do and at the same time you may find lower rates. The key to finding lower rates is to compare rates from all providers in order to have the best prices.

Using the web to shop for auto insurance direct is challenging if you are a beginner to online rate quotes. But relax because we're going to show you how. Finding a better price on auto insurance is actually quite simple. Consumers just need to spend a few minutes to compare quotes online from several insurance companies. This can be done by comparing rates here.

What factors determine the rate you pay?

Insurance premiums paid to insure a 1998 will vary greatly and are calculated by many factors. Taken into consideration are:

• Tickets increase premiums
• Your credit history
• Men typically pay more than women
• Deductible amount directly impacts your rate
• Your vehicle's safety rating
• Whether or not you have claims
• Having continuous coverage saves you money
• Whether you rent or own your home

One important consideration that can impact your rates is the age of the vehicle. Newer models have a higher value compared to older models so the costs to repair will push premiums up. Although more recent vehicles have more advanced features included like autonomous braking, dual-stage airbags, and sideview assist mirrors so those may lower rates.

Liability coverage - This will cover damages or injuries you inflict on a person or their property. Liability insurance covers things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so buy as much as you can afford.

Collision coverages - This coverage will pay to fix damage to your from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. You can also increase the deductible in order to get cheaper .

Comprehensive coverage - This pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it's not worth much more than your deductible it's not worth carrying full coverage.

Uninsured and underinsured coverage - This protects you and your vehicle's occupants from other motorists when they are uninsured or don't have enough coverage. Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Medical payments coverage and PIP - Personal Injury Protection (PIP) and medical payments coverage kick in for expenses like doctor visits, EMT expenses, and X-ray expenses. They are often used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. PIP coverage is only offered in select states and gives slightly broader coverage than med pay.