There are many options when trying to insure your vehicle. You can either contact an insurance agent or shop online to compare rates from a lot of car insurance companies. Finding cheaper car insurance through online companies is easy and there is a good chance you may find lower rates.

Consumers who are new to the process of shopping for insurance may think buying low-cost 2002 insurance is difficult. The are a couple different ways of comparing rates from different insurance companies. The quickest method to compare is to perform an online rate comparison. This can be accomplished by comparing rates here.

Insurance premiums on a 2002 will vary greatly based upon several criteria. Some of these factors include:

• The performance level of your 2002
• Your accident history
• Home/auto policy bundles save money
• Pleasure use vs. commuting use
• Your birth date
• Whether you are married
• Extra coverages like towing and rental
• Your job
• The level of coverage
• Whether you own your home

One important consideration which can affect your rates is the age of the vehicle. Models that are a few years old cost less compared to new models so the cost to replace them will push premiums down. Conversely, newer vehicles have more advanced features such as a telematics system, adaptive cruise control, and traction control so those may lower rates.

Coverage for liability

Liability insurance can cover damage that occurs to people or other property that is your fault. Liability insurance covers things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Liability insurance is relatively cheap so buy as much as you can afford.

Collision coverage

This covers damage to your resulting from a collision with another car or object. You have to pay a deductible and then insurance will cover the remainder. Collision coverage for your 2002 can be pricey, so consider dropping it from lower value vehicles. You can also increase the deductible to bring the cost down.

Comprehensive coverage (or Other than Collision)

This coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay. The maximum amount you'll receive from a claim is the actual cash value, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage protects you and your vehicle's occupants from other drivers when they either are underinsured or have no liability coverage at all. Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Insurance for medical payments

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses like nursing services, prosthetic devices, and dental work. They are often used in conjunction with a health insurance plan or if you do not have health coverage. PIP is not an option in every state and gives slightly broader coverage than med pay.