Finding cheaper auto insurance by comparing rates online can be fast and easy, in addition you will probably save money. The most important part is to compare rates from all providers in order to have every option.

If you are a novice to online auto insurance shopping, you may be confused by the hoards of online companies competing for your business. Finding a lower price on 2004 insurance can be quick and easy. You just have to take a little time comparing rates provided by online insurance companies. It is quite easy and can be accomplished by comparing rates here.

Criteria which help determine car insurance premiums

Insurance rates paid to insure a 2004 will vary greatly depending on several factors. A few of these criteria are:

• A clean driving record keeps rates low
• Your credit history
• The size of your community
• Annual mileage can affect rates
• Men typically pay more than women
• Deductible amount directly impacts your rate
• NTSB crash rating for your vehicle
• No claims lowers premiums
• Having continuous coverage saves you money
• Owning a home can lower rates

One last important factor which can affect the rate you pay on your is the year of manufacture. Newer models have a higher actual cash value so the cost to replace them will push premiums up. Although more recent vehicles may have options included like dual-stage airbags, a rollover prevention system, and lane departure warning system so those may lower rates.

Auto liability insurance

This coverage will cover injuries or damage you cause to a person or their property that is your fault. Liability insurance covers claims such as funeral expenses, loss of income, and emergency aid. Coverage is generally pretty cheap so purchase as much as you can afford.

Collision coverage

This will pay to fix damage to your from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. You can also choose a higher deductible in order to get cheaper .

Comprehensive insurance

This pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage. The maximum amount a auto insurance company will pay at claim time 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.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle's occupants from other motorists when they are uninsured or don't have enough coverage. Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage pay for bills for things like ambulance fees, surgery, and doctor visits. They are often used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay.