Finding cheaper auto insurance from online rate quotes can be fast and easy and there is a good chance you will probably save money. The most important part is to take the time to get rates from all companies in order to have every option.

If you are a novice to online auto insurance shopping, you can be overwhelmed by the hoards of companies competing for your business. Finding a lower price on 2011 insurance doesn't have to be difficult. You just have to take a little time comparing rates provided by online insurance companies. It is quite easy and can be accomplished by comparing rates here.

Insurance rates on a 2011 can vary widely depending on several factors. Some of these factors include:

• A clean driving record keeps rates low
• Credit rating
• The size of your community
• The number of annual miles
• Your gender can raise or lower rates
• Deductible amount directly impacts your rate
• Safety rating of your 2011
• No claims lowers premiums
• No coverage lapses saves money
• Whether you own your home

One last important factor which can affect the rate you pay on your is the year of manufacture. Newer models have a higher actual cash value so the cost to replace them can inflate annual premiums. Conversely, newer models may have options such as adaptive cruise control, a collision avoidance system, autonomous braking, and an advanced theft deterrent system which can lower rates.

Liability insurance

This coverage protects you from damage that occurs to people or other property that is your fault. Liability coverage pays for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Coverage is generally pretty cheap so purchase higher limits if possible.

Collision coverage

This pays for damage to your resulting from a collision with another car or object. You will need to pay your deductible then your collision coverage will kick in. Collision coverage for your 2011 can be pricey, so you might think about dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to bring the cost down.

Comprehensive protection

This coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage. The maximum payout you'll receive from a claim is the ACV or actual cash value, so if it's not worth much more than your deductible consider dropping full coverage.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage protects you and your vehicle's occupants from other drivers when they do not carry enough liability coverage. Since a lot of drivers only carry the minimum required liability limits, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Medical expense coverage

Med pay and PIP coverage pay for short-term medical expenses for things like nursing services, prosthetic devices, and dental work. They are often used in conjunction with a health insurance policy or if you do not have health coverage. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay.