There are many options when looking for the best insurance on your vehicle. You can either buy through an agent or get quotes online to compare insurance costs of many different auto insurance companies. Buying auto insurance through online rate quotes saves time, is easy to do and there is a good chance you can save money.

Shopping online for auto insurance can be a challenge if you are a beginner to online quotes. But don't let that discourage you because it's actually quite easy. Reducing your can be surprisingly simple. All that's required is to spend a few minutes on the computer getting comparison quotes online from several insurance companies. This can be accomplished by getting a quick quote here.

Car insurance premiums for a 2002 can vary widely and are calculated by many factors. Some of these factors include:

• High performance increases premiums
• Any accidents you may have
• Multiple policies can save money
• Use of your vehicle
• Your birth date
• Being married may save money
• Extra coverages like towing and rental
• Your claim history
• No coverage lapses saves money
• Whether you own your home

An additional factor that helps determine is the year of the vehicle. Models that are new cost more than older models so the costs to repair can inflate annual premiums. Conversely, newer vehicles may have safety features such as tire pressure monitors, autonomous braking, a collision avoidance system, and anti-lock brakes which can help offset higher rates.

Auto liability

This can cover damage that occurs to other people or property in 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 you should buy higher limits if possible.

Collision coverage protection

Collision insurance covers damage to your caused by collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company. 2002 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Comprehensive auto coverage

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage. The maximum payout you'll receive from a claim 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.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Since many drivers carry very low liability coverage limits, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP kick in for short-term medical expenses such as nursing services, prosthetic devices, and dental work. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. PIP coverage is not an option in every state and may carry a deductible.