You have lots of choices when comparing insurance rates on your vehicle. You can either buy through an insurance agent or get quotes online to compare insurance costs of many different auto insurance companies. Finding cheaper auto insurance through online rate quotes saves time, is easy to do and at the same time you may find lower rates.

Finding the best direct price on auto insurance is challenging if you are a beginner to online quotes. But don't be discouraged because we're going to show you how. Finding a better price on auto insurance can be surprisingly simple. Consumers just need to spend a few minutes to compare quotes online from several insurance companies. It is quite easy and can be accomplished by getting a quick quote here.

What factors determine your insurance rates?

Insurance premiums on a 2001 can vary widely and are calculated by many factors. Taken into consideration are:

• High performance increases premiums
• Any accidents you may have
• Home/auto policy bundles save money
• Pleasure use vs. commuting use
• Mature drivers pay less
• Being married may save money
• Special coverage such as replacement cost
• Whether or not you have claims
• Having current coverage saves
• Whether you rent or own your home

One important consideration which can affect your rates is the age of the vehicle. Models that are new have a higher actual cash value compared to older models so the costs to repair can inflate annual premiums. On the flip side, new models have more advanced features like autonomous braking, automatic crash notification, sideview assist mirrors, and adaptive headlights which can help offset higher rates.

Auto liability - This provides protection from damages or injuries you inflict on people or other property that is your fault. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so buy higher limits if possible.

Collision coverages - This pays to fix your vehicle from damage resulting from a collision with an object or car. 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 lower value vehicles. Drivers also have the option to increase the deductible to get cheaper .

Comprehensive auto coverage - This coverage covers damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay. The maximum payout 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 other motorists either have no liability insurance or not enough. Since a lot of drivers carry very low liability coverage limits, it doesn't take a major accident to exceed their coverage limits. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical payments and PIP coverage - Medical payments and Personal Injury Protection insurance kick in for expenses like doctor visits, EMT expenses, and X-ray expenses. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. PIP coverage is not universally available and may carry a deductible.