Shopping for auto insurance through online rate quotes saves time, is easy to do, in addition you may find lower rates. The key to finding lower rates is to take the time to get as many rate quotes as possible in order to have the lowest prices.

Comparing auto insurance rates direct online can be complicated if you are a beginner to online quotes. But don't let that discourage you because we're going to show you how. Cutting your can be surprisingly simple. Drivers just need to take a couple of minutes to compare quotes online from several insurance companies. This is very easy and can be done by comparing rates here.

Criteria which help determine

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

• Tickets increase premiums
• Credit rating
• Men typically pay more than women
• Deductible amount directly impacts your rate
• NTSB crash rating for your vehicle
• Whether or not you have claims
• Maintaining coverage lowers rates
• Owning a home can lower rates

One important consideration that will help determine your rates is the age of the vehicle. Newer models have a higher replacement value compared to older models so the costs to repair can inflate annual premiums. But more recent vehicles have more advanced features including an advanced theft deterrent system, traction control, lane departure warning system, and dual-stage airbags which can lower rates.

Auto liability - This will cover injuries or damage you cause to other people or property by causing an accident. 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.

Collision - Collision coverage will pay to fix damage to your caused by collision 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. 2001 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. You can also increase the deductible to save money on collision insurance.

Comprehensive auto coverage - Comprehensive insurance pays for 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 it's not worth much more than your deductible it's not worth carrying full coverage.

UM/UIM Coverage - This coverage protects you and your vehicle's occupants when the "other guys" 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. For this reason, having high UM/UIM coverages is important protection for you and your family.

Medical payments and PIP coverage - Personal Injury Protection (PIP) and medical payments coverage kick in for bills like ambulance fees, surgery, and doctor visits. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. PIP coverage is only offered in select states and gives slightly broader coverage than med pay.