Comparing auto insurance from online rate quotes can be fast and easy and there is a good chance you will probably save money. The most important part is getting rates from as many companies as possible in order to have all your choices.

If you've never shopped for auto insurance online, you can be overwhelmed by the hoards of online auto insurance companies and websites competing for your business. Getting cheaper insurance rates doesn't have to be difficult. The only requirement is to invest a few minutes comparing rates provided by online insurance companies. This can be done by comparing rates here.

Insurance rates for your 2002 can be significantly different depending on several factors. Some of these factors include:

  • A clean driving record keeps rates low
  • Better credit means lower rates
  • Your location impacts rates
  • High miles vs. low miles
  • Men typically pay more than women
  • Deductible amount directly impacts your rate
  • Safety rating of your 2002
  • No claims lowers premiums
  • Having current coverage saves
  • Whether you own your home

One last important factor that can impact the rate you pay on your is the year of manufacture. Newer models have a higher value so the cost to replace them may end up costing you more. On the flip side, more recent vehicles may have options like forward-collision avoidance, adaptive cruise control, and lane departure warning system that may help lower rates.

Liability insurance

This coverage will cover damage that occurs to other's property or people. Liability coverage protects against things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Coverage is generally pretty cheap so purchase as large an amount as possible.

Auto collision coverage

This coverage will pay to fix damage to your resulting from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to get cheaper .

Comprehensive protection

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage. The highest amount you'll receive from a claim is the ACV or actual cash value, so if it's not worth much more than your deductible it's not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle's occupants when other motorists are uninsured or don't have enough coverage. Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That's why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for things like nursing services, prosthetic devices, and dental work. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay.