There are many options when looking for the best insurance on your vehicle. You can get prices from a local agent or price shop online to compare rates from insurance providers. Finding cheaper auto insurance by comparing rates online is simple to do and there is a good chance you might just save a little.

Finding the best direct price on auto insurance can be a challenge if you have never used online quotes. Don't let that stop you because comparing prices is actually very simple. Reducing your can be quick and easy. All that's required is to spend a few minutes on the computer to get quotes online with multiple companies. It is quite easy and can be accomplished by comparing rates here.

Auto insurance rates for your 2001 can vary widely subject to many criteria. Some of these factors include:

• More performance equals higher cost
• Any accidents you may have
• Home/auto policy bundles save money
• Pleasure, commuting or business use can affect rates
• Extra coverages like towing and rental
• Claims drive up premiums
• Maintaining coverage lowers rates
• Whether you own your home

A final factor which can affect is the model year. Newer models have a higher actual cash value in comparison to later models so the payout to repair can inflate annual premiums. But new models may have a trim level with safety features including a collision avoidance system, all-wheel drive, a telematics system, and tire pressure monitors which can lower rates.

Auto liability insurance

2001 liability coverage provides protection from damage that occurs to other's property or people that is your fault. Liability coverage pays for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. This coverage is usually fairly inexpensive so consider buying higher limits if possible.

Collision coverage protection

This pays to fix your vehicle from damage resulting from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also bump up the deductible to save money on collision insurance.

Comprehensive insurance

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by your comprehensive insurance. The maximum payout you'll receive from a claim is the market value of your vehicle, so if it's not worth much more than your deductible consider removing comprehensive coverage.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle's occupants when the "other guys" either have no liability insurance or not enough. Since a lot of drivers only carry the minimum required liability limits, it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses (i.e. nursing services, prosthetic devices, and dental work). They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay.