Shopping for auto insurance by getting online quotes is easy, in addition you will probably save money. The key is to take the time to get rates from as many companies as possible so you can get the best prices.

Consumers not familiar with comparing rates may think purchasing cut-rate 2003 insurance is nearly impossible. Finding a better price on auto insurance can be relatively painless. Consumers just need to spend a few minutes comparing rates from different insurance companies. This is very easy and can be done by completing this short form.

Criteria which help determine your insurance rates

Insurance rates for your 2003 can vary widely based upon several criteria. A few of these criteria are:

• Your driving record
• Credit rating
• Male rates may be higher
• Low deductibles cost more
• NTSB crash rating for your vehicle
• No claims lowers premiums
• No coverage lapses saves money
• Owning a home can lower rates

One last important factor that will help determine the rate you pay on your is the year of manufacture. New vehicles have a higher replacement value so repair costs are higher which can inflate annual premiums. Conversely, newer vehicles may have options such as pedestrian detection, dual-stage airbags, a rollover prevention system, and automatic crash notification which can give discounted rates.

Liability - Liability insurance can cover injuries or damage you cause to other's property or people by causing an accident. Liability coverage pays for claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so purchase higher limits if possible.

Collision coverages - Collision coverage covers damage to your resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. It's also possible to choose a higher deductible to bring the cost down.

Comprehensive or Other Than Collision - Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage. The maximum payout a auto insurance company will pay at claim time is the actual cash value, so if the vehicle's value is low it's probably time to drop comprehensive insurance.

Uninsured and underinsured coverage - This coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Due to the fact that many drivers have only the minimum liability required by law, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Medical costs insurance - Coverage for medical payments and/or PIP provide coverage for bills for things like ambulance fees, surgery, and doctor visits. They are utilized in addition to your health insurance policy or if you do not have health coverage. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage.