Finding cheaper auto insurance online is easy and there is a good chance you can save money. The key is to get rates from all providers in order to have all your choices.

Consumers who are new to the process of shopping for insurance may think finding affordable 2012 insurance is very challenging. Getting cheaper insurance rates is not rocket science. The only requirement is to invest a few minutes getting comparison quotes from different insurance companies. It is quite easy and can be accomplished by comparing rates here.

Car insurance premiums paid to insure a 2012 can fluctuate considerably based upon several criteria. Some of these factors include:

  • Your driving record
  • Credit rating impacts rates
  • The size of your community
  • Annual mileage can affect rates
  • Male rates may be higher
  • Deductible amount directly impacts your rate
  • Safety rating of your 2012
  • Your claim history
  • Having current coverage saves
  • Whether you own your home

An additional factor which can affect is the year of the vehicle. Newer models have a higher actual cash value than older models so repair costs are higher which may result in higher rates. On the flip side, newer vehicles may have safety features like lane departure warning system, traction control, and autonomous braking which may lower rates.

Liability coverage

Liability insurance can cover damage that occurs to a person or their property that is your fault. Liability can pay for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Liability insurance is relatively cheap so you should buy as high a limit as you can afford.

Auto collision coverage

This covers damage to your from colliding with another car or object. A deductible applies and then insurance will cover the remainder. This coverage can be expensive, so consider dropping it from older vehicles. You can also raise the deductible to get cheaper .

Comprehensive coverage

This pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage. The most you'll receive from a claim is the actual cash value, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle's occupants when other motorists either are underinsured or have no liability coverage at all. Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses such as nursing services, prosthetic devices, and dental work. They are often used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. PIP is not an option in every state and gives slightly broader coverage than med pay.