Comparing auto insurance on the web saves time, is easy to do, in addition you will probably save money. The key to finding lower rates is to take the time to get rates from all companies in order to have every option.

Using the web to shop for auto insurance direct can be complicated if you are a beginner to online quotes. But don't be discouraged because there is an easy way to compare rates. Finding a lower price on 2004 insurance isn't really that difficult. You just have to take a little time comparing rates online from several insurance companies. This can be done by comparing rates here.

Criteria which help determine insurance rates

Insurance rates on a 2004 can vary widely and are calculated by many factors. A few of these criteria are:

• Tickets increase premiums
• Credit rating
• Your location impacts rates
• The number of annual miles
• Your gender can raise or lower rates
• Deductible amount directly impacts your rate
• NTSB crash rating for your vehicle
• No claims lowers premiums
• No coverage lapses saves money
• Owning a home can lower rates

One last important factor that can impact the rate you pay on your is the year of manufacture. Newer models have a higher value so the costs to repair can inflate annual premiums. Conversely, newer models may have options such as adaptive cruise control, sideview assist mirrors, and tire pressure monitors which can lower rates.

Liability car insurance

This protects you from injuries or damage you cause to people or other property. Liability coverage pays for claims such as funeral expenses, loss of income, and emergency aid. It is cheap coverage so purchase higher limits if possible.

Collision coverage

This coverage pays for damage to your resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company. Collision coverage for your 2004 can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible to bring the cost down.

Comprehensive auto insurance

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage. The maximum payout a auto insurance company will pay at claim time is the cash value of the vehicle, so if it's not worth much more than your deductible consider dropping full coverage.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle's occupants from other drivers when they do not carry enough liability coverage. Because many people only carry the minimum required liability limits, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.

Coverage for medical expenses

Med pay and PIP coverage kick in for bills for things like ambulance fees, surgery, and doctor visits. They are often used in conjunction with a health insurance policy or if you do not have health coverage. PIP coverage is not available in all states and gives slightly broader coverage than med pay.