Shopping for auto insurance by getting online quotes is easy, plus you might just save a little. The key is to compare as many rate quotes as possible so you can compare the cheapest rate quotes.

Consumers not familiar with buying insurance may think buying cheap 2002 insurance is nearly impossible. Finding lower can be relatively painless. You just have to spend a little time to get quotes from different insurance companies. This is very easy and can be done by visiting this page.

Car insurance rates influenced by these factors

Auto insurance rates for a 2002 will vary greatly based upon several criteria. Including but not limited to:

  • Your driving record
  • Your credit history
  • Your gender can raise or lower rates
  • Higher deductibles save money
  • Crash test rating for your 2002
  • Claims drive up premiums
  • Having current coverage saves
  • Home ownership saves money

A final factor that will help determine is the model year. A newer vehicle have a higher replacement value in comparison to later models so repair costs are higher which will push premiums up. On the flip side, newer models may have a trim level with safety features like anti-lock brakes, adaptive headlights, and adaptive cruise control so those may provide discounts that lower premiums.

Liability - Liability insurance protects you from damage or injury you incur to other people or property by causing an accident. Liability insurance covers claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Liability insurance is relatively cheap so consider buying as much as you can afford.

Collision coverage - Collision coverage pays for damage to your caused by collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder. 2002 collision insurance is rather expensive coverage, so consider dropping it from vehicles that are older. Another option is to bump up the deductible to get cheaper .

Comprehensive or Other Than Collision - Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by your comprehensive insurance. The maximum amount your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Uninsured/Underinsured Motorist coverage - Uninsured or Underinsured Motorist coverage gives you protection when other motorists do not carry enough liability coverage. Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That's why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Medical costs insurance - Med pay and PIP coverage provide coverage for immediate expenses (i.e. EMT expenses, pain medications, and nursing services). The coverages can be used to fill the gap from your health insurance plan or if you lack health insurance entirely. PIP is not available in all states but can be used in place of medical payments coverage.