Drivers have lots of options when comparing insurance rates on your vehicle. You can either contact your neighborhood insurance agent or get quotes online to compare rates from multiple companies. Finding cheaper car insurance online saves time, is easy to do, plus you will probably save money.

Finding the best direct price on car insurance can be difficult if you are a beginner to online rate quotes. But don't let that discourage you because there is an easy way to compare rates. To find the best car insurance prices, there are several ways of comparing rates from local car insurance companies. One of the best ways to compare is to perform an online rate comparison. This can be done by comparing rates here.

Premiums are calculated by the following

Insurance rates for a 2014 will vary greatly and are calculated by many factors. Including but not limited to:

• High performance increases premiums
• Your accident history
• Home/auto policy bundles save money
• Use of your vehicle
• Add-on coverages such as rental reimbursement
• Your profession
• Your coverage level
• Home ownership saves money

One last important factor which can affect the rate you pay on your is the year of manufacture. Models that are a few years old have a lower value so repair costs tend to be lower which may end up costing you less. On the flip side, newer vehicles may have options like dual-stage airbags, tire pressure monitors, and blind-spot warning system so those may lower rates.

Liability coverage - This can cover damage or injury you incur to other people or property that is your fault. Liability insurance covers claims like pain and suffering, repair costs for stationary objects, and legal defense fees. It is cheap coverage so purchase as much as you can afford.

Collision coverages - This covers damage to your caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company. 2014 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible to get cheaper .

Comprehensive coverage - Comprehensive insurance pays for damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage. The maximum amount your car insurance company will pay is the cash value of the vehicle, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

Uninsured and underinsured coverage - Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants when other motorists either are underinsured or have no liability coverage at all. Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical payments coverage and PIP - Coverage for medical payments and/or PIP kick in for immediate expenses for things like EMT expenses, pain medications, and nursing services. They are often used to fill the gap from your health insurance plan or if you lack health insurance entirely. PIP coverage is not an option in every state and gives slightly broader coverage than med pay.