Finding cheaper car insurance through online companies saves time, is easy to do, plus you might just save a little. The key to finding lower rates is to get rates from as many companies as possible in order to accurately compare every company's rates.

Finding the best direct price on car insurance can be difficult if you are a beginner to online quoting. Don't let that stop you because comparing prices is actually very simple. When shopping for car insurance there are multiple ways of comparing rates from different insurance companies. The simplest method to find the cheapest is to perform an online rate comparison. This can be done by getting a quick quote here.

Premiums are calculated by the following

Auto insurance rates for your 1994 can fluctuate considerably and are calculated by many factors. Including but not limited to:

• Tickets increase premiums
• Credit rating impacts rates
• The size of your community
• High miles vs. low miles
• Male rates may be higher
• The deductible you choose
• Crash test rating for your 1994
• What you do for a living
• The level of coverage
• Home ownership saves money

A final factor which can affect is the model year. Models that are a few years old have a lower value in comparison to older models so the payout to repair may end up costing you less. Conversely, newer vehicles may have a trim level with safety features such as adaptive cruise control, autonomous braking, and lane departure warning system which may help offset higher rates.

Coverage for liability

This can cover damage or injury you incur to other's property or people that is your fault. Liability can pay for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. It is cheap coverage so consider buying as high a limit as you can afford.

Coverage for collisions

This covers damage to your resulting from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to bump up the deductible to bring the cost down.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by your comprehensive insurance. The most your car insurance company will pay 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.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Insurance for medical payments

Coverage for medical payments and/or PIP kick in for immediate expenses (i.e. EMT expenses, pain medications, and nursing services). They can be utilized in addition to your health insurance program or if you do not have health coverage. PIP coverage is not an option in every state and may carry a deductible.