Drivers have lots of options when buying insurance for your vehicle. You can either buy through your neighborhood insurance agent or shop online to compare rates from multiple companies. Finding cheaper auto insurance online is easy, plus you will probably save money.

Consumers who are new to the process of buying insurance may think finding cheap 1998 insurance is very challenging. Finding lower is not rocket science. You just have to spend a little time comparing rates from different insurance companies. It is quite easy and can be accomplished by comparing rates here.

Premiums are calculated by these things

Insurance rates for a 1998 can fluctuate considerably based upon several criteria. Including but not limited to:

• The performance level of your 1998
• Accidents raise premiums
• Home/auto policy bundles save money
• Use of your vehicle
• Add-on coverages such as rental reimbursement
• No claims lowers premiums
• Having current coverage saves
• Home ownership saves money

One last important factor which can affect the rate you pay on your is the year of manufacture. Newer models have a higher actual cash value so repair costs are higher which may result in higher rates. On the flip side, new models may have options like adaptive cruise control, blind-spot warning system, autonomous braking, and anti-lock brakes which may lower rates.

Liability coverage - Liability insurance provides protection from damage or injury you incur to other people or property that is your fault. Liability can pay for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Liability insurance is relatively cheap so purchase as high a limit as you can afford.

Collision coverage - This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder. 1998 collision insurance is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to get cheaper .

Comprehensive coverage - Comprehensive insurance pays for damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage. The most your auto insurance company will pay is the actual cash value, so if it's not worth much more than your deductible consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage - Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants when other motorists either have no liability insurance or not enough. Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical payments coverage and PIP - Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like EMT expenses, pain medications, and nursing services. They are often used to fill the gap from your health insurance program or if you lack health insurance entirely. PIP is not universally available and gives slightly broader coverage than med pay.