You have lots of choices when buying insurance for your vehicle. You can get prices from your neighborhood insurance agent or get quotes online to check prices from multiple companies. Buying car insurance online saves time, is easy to do and at the same time you will probably save money.

Shopping online for car insurance is challenging 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 to get quotes from car insurance companies in your area. The recommended way to find competitive is to get quotes online. It is quite easy and can be accomplished by completing this short form.

What factors determine the rate you pay?

Insurance rates for a 2001 will vary greatly and are calculated by many factors. Taken into consideration are:

• High performance increases premiums
• Your accident history
• Multiple policies can save money
• Use of your vehicle
• Special coverage such as replacement cost
• Your profession
• The amount of protection requested
• Whether you rent or own your home

One last important factor that helps determine the rate you pay on your is the year of manufacture. Older models have a reduced actual cash value so repair costs tend to be lower which may end up costing you less. But more recent vehicles may have options including adaptive cruise control, blind-spot warning system, autonomous braking, and anti-lock brakes so those may give discounted rates.

Liability coverage - This will cover damages or injuries you inflict on other people or property in an accident. Liability insurance covers things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so purchase as much as you can afford.

Collision coverage - Collision insurance will pay to fix damage to your caused by collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company. 2001 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It's also possible to choose a higher deductible to save money on collision insurance.

Comprehensive coverage - Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle's value is low it's not worth carrying full coverage.

Uninsured/Underinsured Motorist coverage - This protects you and your vehicle when the "other guys" are uninsured or don't have enough coverage. Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important.

Medical payments coverage and PIP - Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like doctor visits, EMT expenses, and X-ray expenses. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage.