Comparing auto insurance from online companies is easy, in addition you will probably save money. The key is to compare rates from as many companies as possible in order to accurately compare every option.

Beginners to comparing rates may think buying cut-rate 2004 insurance can be quite difficult. Finding a lower price on 2004 insurance is actually quite simple. You just have to take a little time comparing rates from different insurance companies. This can be done by getting a quick quote here.

Criteria which help determine your insurance rates

Insurance rates for your 2004 will vary greatly based upon several criteria. A few of these criteria are:

• Your driving record
• Your credit history
• Your location impacts rates
• High miles vs. low miles
• Your gender can raise or lower rates
• The deductible you choose
• NTSB crash rating for your vehicle
• No claims lowers premiums
• No coverage lapses saves money
• Owning a home can lower rates

One last important factor that can impact the rate you pay on your is the year of manufacture. Models that are new have a higher value so repair costs are higher which will push premiums up. Conversely, newer models may have options such as lane departure warning system, dual-stage airbags, and sideview assist mirrors so those may help offset higher rates.

Liability coverage

Liability insurance protects you from injuries or damage you cause to other's property or people. Liability insurance covers claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so purchase as much as you can afford.

Collision coverage

This coverage pays for damage to your resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to bring the cost down.

Comprehensive coverage

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible 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 actual cash value, so if your deductible is as high as the vehicle's value consider dropping full coverage.

Uninsured Motorist or Underinsured Motorist insurance

This coverage provides protection from other drivers when they do not carry enough liability coverage. Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Medical payments coverage and PIP

Med pay and PIP coverage provide coverage for bills for things like ambulance fees, surgery, and doctor visits. They can be utilized in addition to your health insurance plan or if you do not have health coverage. PIP is not available in all states and may carry a deductible.