There are many options when comparing insurance rates on your vehicle. You can buy from a local agent or get quotes online to compare rates from insurance providers. Shopping for car insurance by comparing rates online saves time, is easy to do and there is a good chance you might just save a little.

Comparing car insurance rates direct online can be a challenge if you are a beginner to online quotes. But don't be discouraged because comparing prices is actually very simple. When shopping for car insurance there are multiple ways to get quotes and find the best price. One of the best ways to compare consists of shopping online. This can be accomplished by comparing rates here.

Auto insurance rates on a 2011 can vary widely and are calculated by many factors. Some of these factors include:

• High performance increases premiums
• Any accidents you may have
• Whether you insure your home with the same company
• Pleasure use vs. commuting use
• Extra coverages like towing and rental
• What you do for a living
• Insurance coverage level
• Whether you own your home

A final factor that will help determine is the model year. Older cars and trucks cost less in comparison to older models so the cost to replace them may end up costing you less. Although more recent vehicles may have a trim level with safety features included like forward-collision avoidance, adaptive cruise control, and active head restraints which can lower rates.

Auto liability insurance - This will cover damage that occurs to people or other property by causing an accident. Liability coverage pays for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. It is cheap coverage so consider buying higher limits if possible.

Collision coverages - Collision coverage will pay to fix damage to your resulting from a collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company. Collision coverage for your 2011 can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also bump up the deductible in order to get cheaper .

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

Uninsured and underinsured coverage - Your UM/UIM coverage protects you and your vehicle's occupants from other motorists when they are uninsured or don't have enough coverage. Due to the fact that many drivers only carry the minimum required liability limits, it doesn't take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family.

Med pay and Personal Injury Protection (PIP) - Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses (i.e. nursing services, prosthetic devices, and dental work). They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. PIP coverage is only offered in select states and gives slightly broader coverage than med pay.