Buying car insurance by comparing rates online is easy, plus you will probably save money. The key is getting rates from as many companies as possible in order to have the cheapest rate quotes.

People who are new to buying insurance may think shopping for cut-rate 2007 insurance is going to be difficult. To find the best car insurance prices, there are several ways of comparing rates from car insurance companies in your area. The recommended way to compare is to get quotes online. This can be done by comparing rates here.

Rates are impacted by the following

Insurance rates for your 2007 can be significantly different based upon several criteria. Including but not limited to:

• Your driving record
• Better credit means lower rates
• Male rates may be higher
• Deductible amount directly impacts your rate
• Crash test rating for your 2007
• Your profession
• The amount of protection requested
• Home ownership saves money

One last important factor that helps determine the rate you pay on your is the year of manufacture. Older models have a lower value so the payout to repair will push premiums down. But newer vehicles may have options including a backup camera, an advanced theft deterrent system, dual-stage airbags, and pedestrian detection that may help lower rates.

Auto liability insurance - Liability insurance can cover damage or injury you incur to other's property or people in an accident. Liability coverage protects against claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Liability insurance is relatively cheap so purchase as large an amount as possible.

Collision coverage - Collision insurance covers damage to your resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.

Comprehensive insurance - Comprehensive insurance coverage 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 highest amount your car insurance company will pay 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 - Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants when the "other guys" either are underinsured or have no liability coverage at all. Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Med pay and Personal Injury Protection (PIP) - Coverage for medical payments and/or PIP provide coverage for immediate expenses for things like EMT expenses, pain medications, and nursing services. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. PIP is not an option in every state and gives slightly broader coverage than med pay.