You have many choices when trying to find low-cost insurance for your vehicle. You can get prices from a local agent or price shop online to compare rates from insurance providers. Finding cheaper auto insurance by comparing rates online is simple to do, in addition you might just save a little.

Finding the best direct price on auto insurance can be complicated if you have never used quoting online. But relax because comparing prices is actually very simple. Getting lower can be quick and easy. The only thing you need to do is invest a little time to get quotes online with multiple companies. It is quite easy and can be accomplished by comparing rates here.

Criteria which help determine car insurance premiums

Auto insurance rates paid to insure a 2003 can be significantly different subject to many criteria. A few of these criteria are:

• More performance equals higher cost
• How many accidents you have had
• Home/auto policy bundles save money
• How you use your vehicle
• Optional coverages like vehicle replacement
• Claims drive up premiums
• Maintaining coverage lowers rates
• Owning a home can lower rates

A final factor which can affect is the model year. Newer models have a higher actual cash value in comparison to later models so the payout to repair may end up costing you more. But more recent vehicles may have a trim level with safety features including blind-spot warning system, a telematics system, forward-collision avoidance, and a rollover prevention system that may help lower rates.

Auto liability insurance

2003 liability coverage will cover injuries or damage you cause to a person or their property that is your fault. Liability coverage protects against claims such as funeral expenses, loss of income, and emergency aid. This coverage is usually fairly inexpensive so consider buying as large an amount as possible.

Coverage for collisions

This will pay to fix damage to your from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage. This coverage can be expensive, so consider removing coverage from vehicles that are older. You can also bump up the deductible to save money on collision insurance.

Comprehensive insurance

This pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by your comprehensive insurance. The highest amount a auto insurance company will pay at claim time is the market value of your vehicle, so if it's not worth much more than your deductible it's not worth carrying full coverage.

Protection from uninsured/underinsured drivers

This coverage protects you and your vehicle's occupants when the "other guys" are uninsured or don't have enough coverage. Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills (i.e. ambulance fees, surgery, and doctor visits). They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay.