Buying car insurance by comparing rates online is easy, in addition you can save money. The key is to get rates from all companies so you can compare all possible prices.

People who are new to comparing rates may think finding low-cost 2002 insurance is going to be difficult. There are several ways to compare rate quotes from car insurance companies in your area. The easiest way by far to find the lowest is to get quotes online. This is very easy and can be done by visiting this page.

Criteria which help determine insurance rates

Car insurance premiums on a 2002 can fluctuate considerably based upon several criteria. A few of these criteria are:

• Your driving record
• Credit rating impacts rates
• Male drivers pay higher rates
• Higher deductibles save money
• NTSB crash rating for your vehicle
• Your occupation
• The amount of protection requested
• Owning a home can lower rates

An additional factor that helps determine is the year of the vehicle. Older models have a much lower replacement value than newer models so the cost to replace them will push premiums down. But new models may have safety features including adaptive cruise control, lane departure warning system, and pedestrian detection which may provide discounts that lower premiums.

Auto liability insurance

Liability insurance provides protection from injuries or damage you cause to people or other property in an accident. Liability can pay for claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so you should buy as high a limit as you can afford.

Collision protection

Collision insurance pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder. Collision coverage for your 2002 can be pricey, so consider dropping it from older vehicles. Another option is to raise the deductible to save money on collision insurance.

Comprehensive insurance

This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage. The most a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured or underinsured coverage

This coverage gives you protection when the "other guys" either have no liability insurance or not enough. Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance provide coverage for bills such as ambulance fees, surgery, and doctor visits. The coverages can be used in conjunction with a health insurance program or if there is no health insurance coverage. PIP is not universally available but can be used in place of medical payments coverage.