Finding cheaper car insurance by comparing rates online can be fast and easy and at the same time you can save money. The most important part is to take the time to get as many rate quotes as possible so you can get every option.

If you are a novice to online car insurance shopping, it's easy to be confused by the hoards of car insurance companies offering insurance. There are several ways to compare quotes from car insurance companies in your area. The quickest method to find competitive is to perform an online rate comparison. It is quite easy and can be accomplished by completing this short form.

Which factors influence your insurance rates?

Car insurance premiums for a 2001 can vary widely depending on several factors. Taken into consideration are:

• A clean driving record keeps rates low
• Credit rating
• The size of your community
• How many miles you drive
• Your gender can raise or lower rates
• Low deductibles cost more
• Your vehicle's safety rating
• Your occupation
• The amount of protection requested
• Whether you rent or own your home

An additional factor which can affect is the year of the vehicle. Models that are a few years old have a reduced actual cash value than newer models so repair costs tend to be lower which may result in lower rates. But newer models may have safety features including dual-stage airbags, a rollover prevention system, and lane departure warning system which can give discounted rates.

Auto liability insurance

This coverage protects you from damages or injuries you inflict on other people or property that is your fault. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. Coverage is generally pretty cheap so you should buy higher limits if possible.

Collision coverage

This pays for damage to your caused by collision with an object or car. You will need to pay your deductible then your collision coverage will kick in. 2001 collision insurance is rather expensive coverage, so you might think about dropping it from older vehicles. It's also possible to raise the deductible to save money on collision insurance.

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle's value is low consider dropping full coverage.

Uninsured Motorist or Underinsured Motorist insurance

This protects you and your vehicle when the "other guys" do not carry enough liability coverage. Since a lot of drivers have only the minimum liability required by law, it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for expenses such as doctor visits, EMT expenses, and X-ray expenses. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage.