You have lots of choices when comparing insurance rates on your vehicle. You can get prices from your neighborhood insurance agent or get quotes online to compare insurance costs of many different auto insurance companies. Comparing auto insurance through online rate quotes saves time, is easy to do and at the same time you will probably save money.

Using the web to shop for auto insurance direct is challenging if you are a beginner to online rate quotes. But don't be discouraged because there is an easy way to compare rates. Finding a better price on auto insurance can be surprisingly simple. Consumers just need to spend a few minutes comparing rates online from several insurance companies. This can be done by getting a quick quote here.

What factors determine the rate you pay?

Insurance rates on a 2001 will vary greatly and are calculated by many factors. Taken into consideration are:

• High performance increases premiums
• Your accident history
• Home and auto can earn discounts
• Pleasure use vs. commuting use
• Mature drivers pay less
• Being married may save money
• Special coverage such as replacement cost
• No claims lowers premiums
• Maintaining coverage lowers rates
• Whether you rent or own your home

One last important factor that can impact the rate you pay on your is the year of manufacture. Models that are new have a higher value so the costs to repair will push premiums up. But new models may have options including autonomous braking, automatic crash notification, sideview assist mirrors, and adaptive headlights so those may help offset higher rates.

Auto liability - This provides protection from damages or injuries you inflict on people or other property. Liability insurance covers things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so purchase as much as you can afford.

Collision coverages - This coverage pays to fix your vehicle from damage resulting from a collision with an object or car. You have to pay a 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 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 - This coverage covers damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle's value consider removing comprehensive coverage.

Uninsured and underinsured coverage - This provides protection when the "other guys" either have no liability insurance or not enough. Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Medical payments and PIP coverage - Medical payments and Personal Injury Protection insurance kick in for expenses for things like doctor visits, EMT expenses, and X-ray expenses. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. PIP coverage is not universally available and may carry a deductible.