There are many options when shopping for insurance coverage for your vehicle. You can buy from your neighborhood insurance agent or shop online to compare insurance costs of car insurance companies. Shopping for auto insurance from online rate quotes is easy and there is a good chance you will probably save money.

Consumers not familiar with shopping for insurance may think finding low-cost 2001 insurance is more work than they want to put in. Getting better doesn't have to be difficult. Just take time comparing rates from different insurance companies. This is very easy and can be done by getting a quick quote here.

Insurance rates on a 2001 can fluctuate considerably based upon several criteria. Some of these factors include:

• The performance level of your 2001
• Accidents raise premiums
• Whether you insure your home with the same company
• Pleasure use vs. commuting use
• Extra coverages like towing and rental
• No claims lowers premiums
• No coverage lapses saves money
• Whether you own your home

One last important factor that will help determine the rate you pay on your is the year of manufacture. Models that are new have a higher replacement value so repair costs are higher which may result in higher rates. Conversely, newer vehicles may have options such as a collision avoidance system, forward-collision avoidance, and active head restraints which may help offset higher rates.

Liability insurance - Liability insurance can cover damage that occurs to people or other property by causing an accident. Liability can pay for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Liability insurance is relatively cheap so purchase as high a limit as you can afford.

Collision coverage - Collision coverage covers damage to your resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder. Collision coverage for your 2001 can be pricey, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to bring the cost down.

Comprehensive protection - This coverage covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage. The most you'll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle's value it's probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist coverage - Your UM/UIM 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, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Medical expense coverage - Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for things like nursing services, prosthetic devices, and dental work. They can be used in conjunction with a health insurance program or if you do not have health coverage. PIP is not an option in every state and may carry a deductible.