The World Wide Web is the best source for finding deals on auto insurance and saving a ton of time in the process. Not too long ago, the only way to compare car insurance estimates had to be done manually. Remember how long it took to take the Yellow Pages call one insurance agent after another, answer their questions, get quotes back from them and then try to compare their quotes...it was next to impossible. It seemed that each insurance company used different criteria to evaluate the cost of an Insurance Policy which made the comparison very difficult and so confusing!

With today's technology everything is at our fingertips. If you have access to an Internet connection and a computer, there is a lot of ways to get car insurance rates online.  If you have been with the same Insurance Company for more than 2 years chances are you are paying too much.

Other factors like: age, driving record, type of car and coverage will definitely affect the cost of your car insurance policy. Let's look at each factor individually and find out how these factors will affect the cost of car insurance.

Age:

For young drivers it will cost more for car insurance simply because they have no driving history but also because young drivers have more accidents. According to the Centers for Disease Control and Prevention: "In 2008, about 3,500 teens in the United States aged 15–19 were killed and more than 350,000 were treated in emergency departments for injuries suffered in motor-vehicle crashes."

Driving Record:

Without a doubt, for experienced drivers, the driving record will impact car insurance rates. If you have several speeding tickets or had several accidents that were reported in your driving record, your premiums will sky rocket not to mention that some insurance companies could simply refuse to insure you. On the other hand, if you have a perfect driving record your premiums will be lower. Actually, if you are a good driver and are looking to save money I highly urge you to compare car insurance rates online. Insurance companies want your business because they know (according to your driving history) that you drive safely and are not a risk to yourself and to others. They are prepared to give you substantial rebates to compensate for driving safely, in short "you're not costing them anything!"

Type of car:

This is self-explanatory, if you drive a Chevrolet Cobalt and your friend drives a Porsche 911 I don't have to tell you that it will cost more to insure the Porsche. The value of a Porsche is significantly more than the Chevy Cobalt and it's logical that it cost more for insurance. The same can be said for trucks or vans, the overall value of a vehicle will affect the cost of the insurance policy.

Coverage:

This last factor can be a bit more complex to explain in a way that basic insurance requirements can vary from state to state; although the amounts differ, every state requires that drivers carry a minimum amount of liability, property, and medical insurance. You should also know that the deductible amount will also affect your insurance premium; the higher the deductible is the lower your premium will be. The amount of coverage that you will choose will be also a key element. While it is true that choosing lower coverage will result in lower premium but if you should be involved in a big accident I don't have to tell you that if your insurance policy doesn't carry enough coverage it could be disastrous financially for your family.

To conclude let's say that while it's quite easy to get car insurance rates online it's important to know and understand the value of your current policy if you wish to compare the quotes received from the different insurance companies and choose the one that offer maximum coverage at the best price.