You have lots of choices when comparing insurance rates on your vehicle. You can buy from an agent or go online to compare insurance costs of many different companies. Comparing car insurance from online companies can be fast and easy and at the same time you can save money.

If you've never shopped for car insurance online, it's easy to be confused by the hoards of online companies offering insurance. There are several ways to get quotes from local car insurance companies. One of the best ways to find the cheapest involves getting comparison quotes online. It is quite easy and can be accomplished by getting a quick quote here.

Which factors influence your insurance rates?

Car insurance premiums paid to insure a 2002 can vary widely depending on several factors. Taken into consideration are:

• Higher performance 2002 vehicles cost more
• Any accidents you may have
• Home and auto can earn discounts
• How you use your vehicle
• Special coverage such as replacement cost
• Your occupation
• Your coverage level
• Whether you rent or own your home

An additional factor that can impact is the year of the vehicle. Used vehicles have a reduced actual cash value than newer models so the costs to repair may result in lower rates. On the flip side, more recent vehicles may have safety features like autonomous braking, dual-stage airbags, and sideview assist mirrors which can help offset higher rates.

Liability coverage - This coverage will cover damages or injuries you inflict on a person or their property. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. Coverage is generally pretty cheap so you should buy higher limits if possible.

Collision coverages - This coverage will pay to fix damage to your from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to raise the deductible to get cheaper .

Comprehensive coverage - This covers damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle's value it's not worth carrying full coverage.

Uninsured and underinsured coverage - This provides protection when other motorists are uninsured or don't have enough coverage. Because many people 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 is a good idea.

Medical payments coverage and PIP - Personal Injury Protection (PIP) and medical payments coverage pay for expenses such as doctor visits, EMT expenses, and X-ray expenses. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Personal Injury Protection is only offered in select states and may carry a deductible.