You have lots of choices when comparing insurance rates on your vehicle. You can buy from a local agent or get quotes online to compare insurance costs of many different auto insurance companies. Comparing auto insurance through online rate quotes saves time, is easy to do and at the same time you might just save a little.

Using the web to shop for auto insurance direct is challenging if you are a beginner to online quotes. But don't let that discourage you because comparing prices is actually very simple. Finding a better price on auto insurance can be surprisingly simple. Consumers just need to spend a few minutes to get quotes online from several insurance companies. This can be done by getting a quick quote here.

What factors determine your insurance rates?

Auto insurance rates for a 2007 can vary widely and are calculated by many factors. Taken into consideration are:

• High performance increases premiums
• Any accidents you may have
• Home and auto can earn discounts
• Use of your vehicle
• Mature drivers pay less
• Being married may save money
• Special coverage such as replacement cost
• Claims drive up premiums
• No coverage lapses saves money
• Whether you rent or own your home

A final factor that can impact is the model year. Models that are new have a higher value in comparison to later models so the costs to repair can inflate annual premiums. Conversely, new models may have a trim level with safety features such as 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 other people or property. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so consider buying higher limits if possible.

Collision coverages - This coverage pays to fix your vehicle from damage caused by collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company. 2007 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to bump up the deductible to bring the cost down.

Comprehensive auto coverage - Comprehensive insurance covers 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 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 from other drivers when they either have no liability insurance or not enough. Because many people carry very low liability coverage limits, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.

Medical payments and PIP coverage - Medical payments and Personal Injury Protection insurance kick in for expenses (i.e. doctor visits, EMT expenses, and X-ray expenses). They can be used to fill the gap from your health insurance policy or if you do not have health coverage. PIP coverage is not universally available and may carry a deductible.