Finding cheaper car insurance through online rate quotes can be fast and easy, in addition you will probably save money. The most important part is to take the time to get as many rate quotes as possible in order to accurately compare all your choices.

If you are a novice to online car insurance shopping, you may be confused by the hoards of car insurance companies competing for your business. To find the best car insurance prices, there are several ways to get quotes from car insurance companies in your area. The fastest way to find the cheapest is to perform an online rate comparison. This is very easy and can be done by getting a quick quote here.

Criteria which help determine

Insurance rates for a 2001 can vary widely depending on several factors. A few of these criteria are:

• A clean driving record keeps rates low
• Credit rating
• The size of your community
• How many miles you drive
• Men typically pay more than women
• The deductible you choose
• NTSB crash rating for your vehicle
• Your profession
• The amount of protection requested
• Owning a home can lower rates

One last important factor which can affect the rate you pay on your is the year of manufacture. Models that are a few years old have a much lower replacement value so repair costs tend to be lower which may result in lower rates. But more recent vehicles may have options including autonomous braking, an advanced theft deterrent system, a telematics system, and adaptive headlights which can help offset higher rates.

Auto liability

This coverage will cover injuries or damage you cause to other people or property that is your fault. Liability coverage pays for claims such as funeral expenses, loss of income, and emergency aid. Coverage is generally pretty cheap so purchase higher limits if possible.

Auto collision coverage

This will pay to fix damage to your caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible 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 8 years or older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive auto coverage

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage. The maximum payout a car insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle's value it's not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage provides protection when the "other guys" are uninsured or don't have enough coverage. Since a lot of drivers carry very low liability coverage limits, it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage pay for bills for things like ambulance fees, surgery, and doctor visits. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Personal Injury Protection is only offered in select states and may carry a deductible.