Shopping for auto insurance from online rate quotes is simple to do, plus you will probably save money. The critical component is to take the time to get as many rate quotes as possible in order to accurately compare all your choices.

Comparing auto insurance rates direct online can be difficult if you have never used online quotes. But don't let that discourage you because there is an easy way to compare rates. Getting cheaper insurance rates doesn't have to be difficult. The only requirement is to invest a few minutes comparing rates online with multiple companies. This is very easy and can be done by getting a quick quote here.

Car insurance rates influenced by the following

Insurance rates for a 2002 can vary widely subject to many criteria. Including but not limited to:

  • Traffic citations increase rates
  • Credit rating
  • Where you reside can make a big difference
  • How many miles you drive
  • Male rates may be higher
  • The deductible you choose
  • Crash test rating for your 2002
  • No claims lowers premiums
  • Having continuous coverage saves you money
  • Home ownership saves money

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 the payout to repair can inflate annual premiums. Although newer vehicles may have options included like forward-collision avoidance, adaptive cruise control, and lane departure warning system which can help offset higher rates.

Liability insurance

2002 liability coverage can cover damage or injury you incur to other people or property by causing an accident. Liability coverage pays for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. This coverage is usually fairly inexpensive so purchase higher limits if possible.

Auto collision coverage

Collision coverage covers damage to your caused by collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage. 2002 collision insurance is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible in order to get cheaper .

Comprehensive protection

Comprehensive insurance covers damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage. The maximum payout your auto insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle's value it's probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage provides protection from other motorists 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, it doesn't take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family.

Medical expense coverage

Coverage for medical payments and/or PIP reimburse you for immediate expenses for things like EMT expenses, pain medications, and nursing services. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Personal injury protection coverage is not an option in every state and may carry a deductible.