Drivers have lots of options when attempting to insure your vehicle. You can either contact your neighborhood insurance agent or price shop online to compare rates from companies. Finding cheaper auto insurance by quoting online is simple to do, plus you will probably save money.

Finding the best direct price on auto insurance can be difficult if you have never used online quoting. But relax because there is an easy way to compare rates. Getting cheaper insurance rates is a fairly straight forward process. The only requirement is to invest a few minutes comparing rates online with multiple companies. It is quite easy and can be accomplished by comparing rates here.

Premiums are calculated by...

Insurance rates paid to insure a 2001 can fluctuate considerably subject to many criteria. Including but not limited to:

• More performance equals higher cost
• Accidents raise premiums
• Home/auto policy bundles save money
• How you use your vehicle
• Add-on coverages such as rental reimbursement
• No claims lowers premiums
• Maintaining coverage lowers rates
• 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 the payout to repair may result in higher rates. But more recent vehicles may have options including adaptive headlights, anti-lock brakes, traction control, and a telematics system which may lower rates.

Liability coverages

2001 liability coverage will cover damage or injury you incur to a person or their property that is your fault. Liability can pay for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. This coverage is usually fairly inexpensive so purchase as high a limit as you can afford.

Auto collision coverage

This will pay to fix damage to your from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.

Comprehensive coverages

This pays for damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage. The most your auto insurance company will pay is the market value of your vehicle, so if it's not worth much more than your deductible it's not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants when the "other guys" are uninsured or don't have enough coverage. Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for things like EMT expenses, pain medications, and nursing services. They are often used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay.