You have many choices when trying to find low-cost insurance for your vehicle. You can either contact an insurance agent or get quotes online to compare insurance costs of many different auto insurance companies. Finding cheaper auto insurance through online rate quotes saves time, is easy to do, in addition you may find lower rates.

Finding the best direct price on auto insurance can be complicated if you are a beginner to online quotes. Don't let that stop you because we're going to show you how. Getting lower can be surprisingly simple. The only thing you need to do is invest a little time to compare quotes online from several insurance companies. It is quite easy and can be accomplished by getting a quick quote here.

Criteria which help determine your insurance rates

Insurance premiums for your 2001 can vary widely and are calculated by many factors. A few of these criteria are:

• High performance increases premiums
• Any accidents you may have
• Home/auto policy bundles save money
• Pleasure, commuting or business use can affect rates
• Mature drivers pay less
• Being married may save money
• Optional coverages like vehicle replacement
• Whether or not you have claims
• Having continuous coverage saves you money
• Owning a home can lower rates

One important consideration which can affect your rates is the age of the vehicle. Models that are new have a higher actual cash value compared to older models so the costs to repair can inflate annual premiums. Although new models have more advanced features included like a backup camera, lane departure warning system, and traction control which can help offset higher rates.

Auto liability

This provides protection from injuries or damage you cause to other's property or people that is your fault. Liability coverage pays for claims such as funeral expenses, loss of income, and emergency aid. It is cheap coverage so buy higher limits if possible.

Coverage for collisions

This pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper .

Comprehensive auto coverage

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay. The maximum payout a auto insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle's value consider removing comprehensive coverage.

Protection from uninsured/underinsured drivers

This coverage provides protection from other motorists when they either have no liability insurance or not enough. Since a lot of drivers carry very low liability coverage limits, it doesn't take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance kick in for bills like ambulance fees, surgery, and doctor visits. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. PIP coverage is not universally available and may carry a deductible.