You have lots of choices when finding cheaper insurance coverage on your vehicle. You can either buy through a local agent or get quotes online to compare rates from multiple companies. Finding cheaper auto insurance online saves time, is easy to do and at the same time you might just save a little.

Finding the best direct price on auto insurance is challenging if you are a beginner to online rate quotes. Don't let that stop you because comparing prices is actually very simple. Finding cheaper coverage prices is not rocket science. All you need to do is take the time to get quotes online from several insurance companies. It is quite easy and can be accomplished by comparing rates here.

What factors determine the rate you pay?

Auto insurance rates for your 2008 will vary greatly and are calculated by many factors. Taken into consideration are:

• High performance increases premiums
• Your accident history
• Home/auto policy bundles save money
• Pleasure, commuting or business use can affect rates
• Special coverage such as replacement cost
• Claims drive up premiums
• Having current coverage saves
• Whether you rent or own your home

A final factor which can affect is the model year. Newer models have a higher actual cash value in comparison to later models so the costs to repair will push premiums up. On the flip side, newer models may have a trim level with safety features like forward-collision avoidance, sideview assist mirrors, and all-wheel drive so those may lower rates.

Liability coverage

This protects you from damages or injuries you inflict on other's property or people that is your fault. Liability insurance covers things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so consider buying as much as you can afford.

Collision protection

This pays for damage to your resulting from colliding with an object or car. You have to 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 vehicles that are older. You can also bump up the deductible to get cheaper .

Comprehensive coverage

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by your comprehensive insurance. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it's not worth much more than your deductible consider dropping full coverage.

Uninsured or underinsured coverage

This protects you and your vehicle's occupants when other motorists do not carry enough liability coverage. Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical payments coverage and PIP

Med pay and PIP coverage kick in for expenses (i.e. doctor visits, EMT expenses, and X-ray expenses). They are often utilized in addition to your health insurance plan or if you lack health insurance entirely. PIP coverage is not available in all states and gives slightly broader coverage than med pay.