You have lots of choices when attempting to insure your vehicle. You can either buy through an agent or get quotes online to check prices from lots of different providers. Finding cheaper car insurance through online providers saves time, is easy to do and at the same time you can save money.

Finding the best direct price on car insurance is challenging if you are a beginner to online quotes. But don't let that discourage you because it's actually quite easy. There are several ways to compare rate quotes and find the best price. The fastest way to find competitive is to perform an online rate comparison. It is quite easy and can be accomplished by completing this short form.

What factors determine your insurance rates?

Car insurance premiums for a 2002 can vary widely and are calculated by many factors. Taken into consideration are:

• High performance increases premiums
• Any accidents you may have
• Home/auto policy bundles save money
• Use of your vehicle
• Mature drivers pay less
• Having a spouse can save money
• Special coverage such as replacement cost
• Your occupation
• Insurance coverage level
• Whether you rent or own your home

An additional factor which can affect is the year of the vehicle. Models that are a few years old have a reduced actual cash value than newer models so repair costs tend to be lower which may end up costing you less. Although new models may have safety features included like active head restraints, automatic crash notification, blind-spot warning system, and adaptive cruise control which can give discounted rates.

Liability auto insurance

This provides protection from damages or injuries you inflict on other people or property that is your fault. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so you should buy higher limits if possible.

Auto collision coverage

This pays to fix your vehicle from damage caused by collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company. 2002 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. It's also possible to raise the deductible in order to get cheaper .

Comprehensive (Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle's value is low consider removing comprehensive coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Since a lot of drivers have only the minimum liability required by law, it doesn't take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.

Medical expense insurance

Medical payments and Personal Injury Protection insurance kick in for expenses such as doctor visits, EMT expenses, and X-ray expenses. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage.