Finding cheaper car insurance from online companies saves time, is easy to do, plus you can save money. The key to finding lower rates is getting rates from as many companies as possible in order to have every option.

Finding the best direct price on car insurance can be difficult if you are a beginner to quoting online. Don't let that stop you because it's actually quite easy. There are several ways to compare rate quotes from local car insurance companies. The quickest method to compare is to perform an online rate comparison. This can be done by comparing rates here.

Premiums are calculated by these things

Car insurance premiums for your 2001 can be significantly different and are calculated by many factors. Including but not limited to:

• Tickets increase premiums
• Better credit means lower rates
• The size of your community
• High miles vs. low miles
• Male drivers pay higher rates
• Deductible amount directly impacts your rate
• Crash test rating for your 2001
• Your occupation
• Your coverage level
• Home ownership saves money

An additional factor which can affect is the year of the vehicle. Models that are a few years old have a lower value than newer models so the payout to repair may end up costing you less. On the flip side, new models may have safety features like lane departure warning system, dual-stage airbags, and sideview assist mirrors that may help lower rates.

Liability coverage

This provides protection from damage or injury you incur to other's property or people that is your fault. Liability coverage protects against claims like pain and suffering, repair costs for stationary objects, and legal defense fees. It is cheap coverage so you should buy as large an amount as possible.

Collision coverage

This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. You can also raise the deductible to get cheaper .

Comprehensive coverage

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage. The highest amount your car insurance company will pay is the cash value of the vehicle, so if it's not worth much more than your deductible consider removing comprehensive coverage.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants when other motorists either have no liability insurance or not enough. Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance kick in for immediate expenses such as EMT expenses, pain medications, and nursing services. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. PIP coverage is not universally available and gives slightly broader coverage than med pay.