Drivers have lots of options when shopping for car insurance for your vehicle. You can buy direct from an agent or price shop online to compare pricing from many different car insurance companies. Finding cheaper car insurance through online rate quotes is simple to do, plus you can save money.

Finding the best direct price on car insurance can be difficult if you have never used online quotes. But don't be discouraged because it's actually quite easy. There are several ways to compare rate quotes and find the best price. By far the easiest way to find the lowest is to perform an online rate comparison. This can be done by visiting this page.

Premiums are calculated by these things

Car insurance premiums on a 2002 can vary widely subject to many criteria. Including but not limited to:

  • More performance equals higher cost
  • Any accidents you may have
  • Home/auto policy bundles save money
  • Pleasure use vs. commuting use
  • Mature drivers pay less
  • Being married can lower rates
  • Add-on coverages such as rental reimbursement
  • Your occupation
  • Insurance coverage level
  • Home ownership saves money

An additional factor which can affect is the year of the vehicle. Models that are a few years old have a lower value than newer models so the cost to replace them can decrease annual premiums. Although new models may have safety features included like adaptive cruise control, autonomous braking, traction control, and forward-collision avoidance which can provide discounts that lower premiums.

Auto liability

2002 liability coverage provides protection from damage or injury you incur to people or other property that is your fault. Liability coverage pays for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. This coverage is usually fairly inexpensive so you should buy higher limits if possible.

Collision insurance

This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage. Collision coverage for your 2002 can be pricey, so consider removing coverage from older vehicles. Another option is to raise the deductible in order to get cheaper .

Comprehensive auto coverage

This coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage. The maximum payout your car insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either have no liability insurance or not enough. Since a lot of drivers only purchase the least amount of liability that is required, it doesn't take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses such as EMT expenses, pain medications, and nursing services. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage.