You have lots of choices when shopping for insurance coverage for your vehicle. You can buy from an agent or shop online to compare rates from car insurance companies. Comparing car insurance from online rate quotes is easy and at the same time you can save money.

Beginners to comparison shopping may think buying cheap 2001 insurance is more work than they want to put in. There are several ways of comparing rates from car insurance companies in your area. The best method to compare involves getting comparison quotes online. It is quite easy and can be accomplished by comparing rates here.

What factors impact the rate you pay?

Car insurance premiums for a 2001 will vary greatly based upon several criteria. Taken into consideration are:

• The performance level of your 2001
• Your accident history
• Home and auto can earn discounts
• Use of your vehicle
• Special coverage such as replacement cost
• Your occupation
• The amount of protection requested
• Whether you rent or own your home

An additional factor that can impact is the year of the vehicle. Used vehicles have a reduced actual cash value than newer models so repair costs tend to be lower which will push premiums down. But newer vehicles may have safety features including a collision avoidance system, forward-collision avoidance, and active head restraints so those may lower rates.

Liability insurance - Liability insurance can cover damages or injuries you inflict on other people or property. Liability insurance covers things such as emergency aid, pain and suffering, and medical services. Liability insurance is relatively cheap so you should buy as much as you can afford.

Collision coverage - This coverage covers damage to your caused by collision with an object or car. You have to pay a deductible and then insurance will cover the remainder. 2001 collision insurance is rather expensive coverage, so consider dropping it from older vehicles. You can also raise the deductible to save money on collision insurance.

Comprehensive protection - Comprehensive insurance pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist coverage - This protects you and your vehicle's occupants when the "other guys" either are underinsured or have no liability coverage at all. Because many people 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 is a good idea.

Medical expense coverage - Coverage for medical payments and/or PIP provide coverage for expenses such as doctor visits, EMT expenses, and X-ray expenses. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. PIP is not an option in every state and gives slightly broader coverage than med pay.