Finding cheaper auto insurance on the web can be fast and easy, plus you might just save a little. The most important part is to get as many rate quotes as possible in order to have the lowest prices.

If you are a novice to online auto insurance shopping, you may be overwhelmed by the hoards of auto insurance companies vying for your business. Cutting your isn't really that difficult. Drivers just need to take a couple of minutes to get quotes provided by online insurance companies. It is quite easy and can be accomplished by comparing rates here.

Premiums are calculated by...

Auto insurance rates for a 2001 can fluctuate considerably depending on several factors. Including but not limited to:

• A clean driving record keeps rates low
• Credit rating impacts rates
• Men typically pay more than women
• Deductible amount directly impacts your rate
• Crash test rating for your 2001
• Claims drive up premiums
• Maintaining coverage lowers rates
• Home ownership saves money

A final factor which can affect is the model year. Newer models have a higher actual cash value in comparison to later models so the cost to replace them may result in higher rates. But more recent vehicles may have a trim level with safety features including pedestrian detection, active head restraints, and a backup camera which may lower rates.

Liability car insurance - This coverage will cover 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. Coverage is generally pretty cheap so consider buying as high a limit as you can afford.

Collision - This will pay to fix damage to your caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in. 2001 collision insurance is rather expensive coverage, so you might think about dropping it from vehicles that are older. You can also bump up the deductible to save money on collision insurance.

Comprehensive auto insurance - Comprehensive insurance pays for damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by your comprehensive insurance. The most your auto insurance company will pay is the ACV or actual cash value, so if it's not worth much more than your deductible it's not worth carrying full coverage.

UM/UIM 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 expenses - Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses (i.e. EMT expenses, pain medications, and nursing services). They are often used to fill the gap from your health insurance program or if there is no health insurance coverage. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay.