Shopping for auto insurance by getting online quotes saves time, is easy to do, in addition you can save money. The key to finding lower rates is to take the time to get rates from all companies in order to accurately compare every option.

Comparing auto insurance rates direct online can be complicated if you are a beginner to online quotes. But don't be discouraged because it's actually quite easy. Finding a lower price on 2001 insurance can be relatively painless. You just have to take a little time getting comparison quotes online from several insurance companies. This is very easy and can be done by getting a quick quote here.

Criteria which help determine insurance rates

Car insurance premiums on a 2001 can vary widely and are calculated by many factors. A few of these criteria are:

• Tickets increase premiums
• Credit rating
• Where you reside can make a big difference
• The number of annual miles
• Male rates may be higher
• The deductible you choose
• NTSB crash rating for your vehicle
• Your claim history
• No coverage lapses saves money
• Owning a home can lower rates

An additional factor that will help determine is the year of the vehicle. Models that are new have a higher replacement value than older models so the costs to repair can inflate annual premiums. Conversely, newer vehicles may have safety features such as a telematics system, dual-stage airbags, a rollover prevention system, and a collision avoidance system which can help offset higher rates.

Liability

This can cover injuries or damage you cause to people or other property by causing an accident. Liability coverage pays for claims such as funeral expenses, loss of income, and emergency aid. It is cheap coverage so you should buy higher limits if possible.

Collision coverage

Collision coverage covers damage to your resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company. Collision coverage for your 2001 can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Comprehensive or Other Than Collision

This coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage. The maximum payout a auto insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle's value it's probably time to drop comprehensive insurance.

Uninsured Motorist or Underinsured Motorist insurance

This coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Due to the fact that many drivers carry very low liability coverage limits, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for bills such as ambulance fees, surgery, and doctor visits. They can be used in conjunction with a health insurance policy or if you do not have health coverage. PIP coverage is not an option in every state and may carry a deductible.