Buying auto insurance by comparing rates online saves time, is easy to do and at the same time you can save money. The key to finding lower rates is getting rates from all companies in order to have all your choices.

Shopping online for auto insurance is challenging if you are a beginner to quoting online. But don't be discouraged because it's actually quite easy. Getting cheaper insurance rates can be quick and easy. The only requirement is to invest a few minutes getting comparison quotes online from several insurance companies. This can be accomplished by comparing rates here.

What factors determine car insurance premiums?

Car insurance premiums on a 2014 can be significantly different and are calculated by many factors. Taken into consideration are:

• Tickets increase premiums
• Better credit means lower rates
• Where you live
• The number of annual miles
• Male drivers pay higher rates
• Deductible amount directly impacts your rate
• Your vehicle's safety rating
• Your claim history
• Having continuous coverage saves you money
• Whether you rent or own your home

An additional factor that helps determine is the year of the vehicle. Newer models cost more than older models so the costs to repair may end up costing you more. Although new models may have safety features included like a backup camera, dual-stage airbags, and an advanced theft deterrent system that may help lower rates.

Auto liability insurance

This provides protection from damages or injuries you inflict on people or other property in an accident. Liability coverage protects against things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so you should buy as large an amount as possible.

Auto collision coverage

Collision insurance pays to fix your vehicle from damage resulting from a collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company. Collision coverage for your 2014 can be pricey, so analyze the benefit of dropping coverage from older vehicles. You can also raise the deductible in order to get cheaper .

Comprehensive insurance

This coverage pays for damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it's not worth much more than your deductible consider removing comprehensive coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle's occupants from other motorists when they either have no liability insurance or not enough. Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance kick in for expenses such as doctor visits, EMT expenses, and X-ray expenses. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. PIP coverage is not universally available and gives slightly broader coverage than med pay.