Finding cheaper auto insurance by comparing rates online saves time, is easy to do, plus you will probably save money. The key to finding lower rates is to take the time to get as many rate quotes as possible in order to accurately compare the best prices.

Finding the best direct price on auto insurance can be difficult if you are a beginner to online quotes. But don't let that discourage you because there is an easy way to compare rates. Finding a better price on auto insurance can be quick and easy. Consumers just need to spend a few minutes comparing rates online from several insurance companies. It is quite easy and can be accomplished by getting a quick quote here.

Premiums are calculated by the following

Insurance rates for a 2006 can vary widely and are calculated by many factors. Including but not limited to:

• Tickets increase premiums
• Credit rating
• Male rates may be higher
• The deductible you choose
• Crash test rating for your 2006
• No claims lowers premiums
• Maintaining coverage lowers rates
• Home ownership saves money

One last important factor which can affect the rate you pay on your is the year of manufacture. Models that are new have a higher actual cash value so the costs to repair can inflate annual premiums. But newer vehicles may have options including forward-collision avoidance, adaptive cruise control, and active head restraints which can help offset higher rates.

Auto liability insurance - This can cover damage or injury you incur to other people or property that is your fault. Liability coverage pays for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. It is cheap coverage so purchase higher limits if possible.

Collision coverages - This covers damage to your caused by collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company. 2006 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive insurance - Comprehensive insurance covers damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage. The maximum payout your auto insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle's value it's probably time to drop comprehensive insurance.

Uninsured and underinsured coverage - Uninsured or Underinsured Motorist coverage provides protection when the "other guys" either are underinsured or have no liability coverage at all. Since a lot of drivers carry very low liability coverage 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) - Coverage for medical payments and/or PIP kick in for immediate expenses for things like EMT expenses, pain medications, and nursing services. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. PIP coverage is not an option in every state and may carry a deductible.