Cheapest Car Insurance Rates for May 2021
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Cheap Auto Insurance in Missouri: Best Companies & Quotes
Best Car Insurance Companies in Missouri
- State Farm
- American Family
- Automobile Club of Missouri
|State Farm||American Family||Shelter||Progressive||Automobile Club of Missouri||Allstate|
|AM Best Financial Strength Rating||A++||A||A++||A+||A||A++|
|JD Power 2019 Overall Customer Satisfaction score||3/5||4/5||N/A||3/5||N/A||3/5|
|Avg Annual Premium||$518||$666||$781||$720||$1,198||$1,000|
|Consumer Reports Reader Score||78||89||75||75||N/A||72|
Auto Insurance Statistics in Missouri
In the state of Missouri, auto insurance premiums are much lower in comparison to national averages. Drivers who want to get affordable insurance rates will do well to understand how Missouri ranks in the cost of car insurance when compared with other states nationwide.
Top 10 Cheapest Car Insurance Companies in Missouri
|Rank||Company Name||Avg. Annual Premium|
|4||MO Farm Bureau||$1,189|
Drunk Driving Fatalities
Drinking and driving is a dangerous practice that often proves fatal. The rate of drunk driving fatalities has fluctuated in Missouri over the years. The National Highway Traffic Safety Administration has done a tally of the number of drunk driving fatalities in Missouri vs. nationwide.
Drunk driving fatalities in Missouri from 2013 to 2017
Teen Drinking and Driving
Teen drinking and driving in Missouri is at a rate that is relatively close to the national average. It is essential for parents and teachers to warn teens about the dangers of drinking while driving. The below statistics show the percentage of Missouri teen drivers who are drinking and driving compared to national averages.
Teen Drinking & Driving in Missouri vs. Nationwide (2017)
Source: Center For Disease Control
SR-22 Insurance in Missouri
In Missouri, you might need to purchase an SR-22 insurance policy if you want to reinstate your license after a suspension. This form of insurance will need to provide a basic level of coverage for a pre-determined amount of time. In Missouri, you will typically need a policy for between one and three years — this will be dependent on the type of infraction that led to your ban.
Due to the nature of SR-22 policies, you will most likely need to pay more money to get this type of insurance. Make sure to compare the best insurers on the market before you choose which policy you are going to purchase — if you are going to require this form of insurance for the next few years, it needs to be affordable.
Car Theft in Missouri
Car thefts are an unfortunate reality and to protect your vehicle, it helps to have comprehensive auto insurance coverage. Learning about the level of car theft in Missouri will provide an idea as to how many car thefts occur.
Vehicle thefts by rank nationwide vs. Missouri
Uninsured Motorists in Missouri
There are drivers that operate motor vehicles in Missouri without obtaining auto insurance coverage. If an accident occurs with an uninsured driver, it is beneficial to have uninsured and underinsured motorist coverage. The data below demonstrates how well Missouri ranks in the total number of reported uninsured motorists in the state in the year 2015.
Percentage of uninsured drivers (Top States in 2015)
Source: Insurance Information Institute
Missouri drivers always want to find better insurance rates for their vehicles, and there are ways to do it in St. Louis, Kansas City, Springfield, and the rest of the cities. Driving is a privilege, and it’s a convenience. Paying for auto insurance is a pain for many. It’s an expense you pay each month that most people never use. It’s painful to spend hundreds of dollars each month for something you don’t use, but it’s so worth the price if you’re ever involved in an accident or if something happens to your vehicle. Being a necessary evil is tough for auto insurers, but you have some options available if you want to find better rates for your insurance policy. Here are few great tips for Missouri drivers to employ to find a better rate for your insurance policy when you want to lower the budget.
Ways to Lower Car Insurance in Missouri
Pay Your Bills on Time
Did you have any idea your credit score is a big determining factor in the rates you pay for car insurance? Insurance companies use this as a starting guideline to find out what you might owe on your insurance premiums, and they don’t take it lightly. The lower your score, the more you’ll pay each month for your insurance policy. It turns out many people who have poor credit are also more likely to file claims for their vehicles, which make them riskier customers. Insurance companies are quick to charge higher rates for this kind of driver.
When you sign a contract for a new insurance policy, you have a choice to pay a monthly bill or to pay all at once for six months or a year. Choose to pay in advance. You’ll get two discounts from the cheapest car insurance companies. Most offer a 5% discount for drivers willing to pay in advance. It might not seem like much, but it’s $5 per month for every $100 you spend. Additionally, most insurance companies charge a small fee each month to send you a bill or allow you to pay online. You can save another $5 to $10 per month on these fees if you simply pay upfront. If you do the math, you could save hundreds each year on the cost of insuring your vehicle.
Raise Your Deductible
If you can afford to pay for a higher deductible, lower your monthly bill by skipping the low deductible. You can get away with paying less if you have a larger deductible. Since many people never use their insurance, thankfully, it’s a good option for keeping costs down and making sure people are able to afford their monthly payments for car insurance.
Do you have a home or life insurance policy? If you do, consider putting them together with your car insurance policy. Many people spread them out through different companies, but several companies offer a significant discount for drivers who keep all their policies together with one company. Compare rates with several companies to see which one is willing to offer you the best rates, the best bundle discount, and the best options. It’s not easy to move everything around, but the financial aspect of it is helpful for many people. Learn more about the benefits of doing a home and auto insurance bundle.
Consider Your Car
If you have an older car without a loan, you don’t need the fanciest insurance. If your car is not worth much money to begin with, you’re not going to need every bit of coverage available. Ask your insurance company what they recommend for drivers who have an older car. It might even be worthwhile to purchase something newer and safer. Older cars are much more expensive to insure than newer ones due to the cost of parts as well as the safety features older cars aren’t typically equipped with. This is when you start to consider looking at newer vehicles which will be a better investment in the long run.
When it’s time to compare rates with different insurance companies, don’t ignore the one you’re already with. If you’re a good customer with a long history of working with that company, they might offer you some discounts simply for being a loyal customer. Ask around, compare rates, and bring them to your current insurance agent to see if they can match or beat those rates to make your premium more affordable.
Types of Auto Insurance Coverage in Missouri:
- Comprehensive Insurance Coverage
- Bodily Injury Liability Insurance
- Uninsured/Underinsured Motorist Bodily Injury Insurance
- Uninsured Motorist Property Damage Insurance
- Property Damage Liability Insurance
Minimum Requirements For Car Insurance in Missouri
There are minimum requirements for car insurance in the state of Missouri. According to The Missouri Department of Revenue, it is mandatory to have liability coverage as well as uninsured motorist coverage for every registered driver who is operating a vehicle in the state.
Liability Coverage minimums for the state of Missouri:
- $10,000 for property damage
- $20,000 per individual to cover bodily injury or death
- $50,000 per accident involving bodily injuries or deaths
Uninsured Motorist minimum:
- $25,000 per individual
- $50,000 per accident
Source: Missouri Department of Revenue
Cheap Auto Insurance Discounts
Car insurance discounts can help you to save monthly and yearly on the cost of car insurance in the state of Missouri. If you are trying to find other ways to save on the price of car insurance, browse the list of automotive insurance discounts below. Often these discounts aren’t advertised but by getting car insurance quotes online, drivers can get access to great discounts for the best savings.
- Anti-theft discount
- Mature driver discount
- Military or Veteran discount
- Bundling insurance policies discount
- Senior citizen discount
- Car safety features discount
- Good student discount
- Defensive driving discount
- Low-mileage discount
- Multi-car auto insurance discount
- Infrequent usage discount
General Auto Insurance in Missouri
In this section, you will find general questions to standard auto insurance coverage in Missouri.
How to get legal car insurance with a permit in Missouri?
The only way to get legal car insurance with a permit in Missouri is to be placed on an auto insurance policy that your parents own. Until you reach the age of 18, you cannot go on your own car insurance policy.
What year was Missouri car insurance made mandatory?
Like many of the states in the United States, the state of Missouri made car insurance mandatory in 1927. The first state to require car insurance on vehicles was Connecticut in the year 1925.
How to litigate an auto insurance claim in Missouri?
The best way to litigate an auto insurance claim in Missouri is to report a claim within 7 to 30 days of an accident occurring. If your auto insurance doesn’t meet the claim standards as requested per your insurance policy contract after 30 days, you can contact a lawyer to litigate your case for you.
What happens if I pocket the insurance money and don’t fix my car in Missouri?
In Missouri, if you pocket the insurance money you receive from your insurance company and don’t fix your car, nothing will happen to you if you own the car outright. However, if you are leasing or financing your car, you will have to use the money you receive for the necessary repairs.
How does an officer know my ID for auto insurance is valid in Missouri?
An officer will know if your ID for your auto insurance is valid in Missouri by checking the date of the policy on the top right-hand corner of your insurance card. There it will list the date that your insurance premium is active until.
Do Missouri drivers who have no car, need car insurance?
Missouri drivers who have no car do not need car insurance. However, if they are driving someone else’s car, they will need to be added to the policy to ensure the car is protected in the case of an accident. If you have a classic car that you don’t drive you made need insurance. Take a look at our classic car insurance review to choose the best company for you.
In Missouri, how long can you insure a dependent for auto insurance?
In Missouri, you can insurance a dependent for as long as you wish. Your insurance rates may increase during this time until the dependent reaches the age of 21 and the age of 24.
How to self-insure your car in Missouri?
You can self-insure your car in Missouri by complying with self-insurance rule set forth by the Department of Revenue in Missouri. You will need to request a written request on a professional company letterhead that is signed by the officer of the company, sign over financial statements for 3 preceding years, a list of up to 26 private passenger motor vehicles registered in the state of Missouri and a signed copy of the agreement to pay judgements form.
How long until insurance is required on a new car in Missouri?
In Missouri, insurance is required on a new car for as long as you own the car. In the state of Missouri, you will need to insure a car at all times as long as you are driving it and a lapse in insurance can result in penalties. Some people will get temporary car insurance for a day until they are ready to agree to a longer policy term after shopping around. Read more: How Long Do I have to Insure My New Car?
How to get a car legalized and have insurance without a license in Missouri?
In the state of Missouri, it is not currently possible to legal add car insurance onto a car without a license. Most insurance companies will require you to verify your driver’s license before issuing an insurance policy. Learn more about auto insurance without driver license scenarios.
Do insurance companies have to refund your sales tax when your car is totaled in Missouri?
No. No insurance company within the state of Missouri has to refund your sales tax when your car is totaled. In fact, that money is non-refundable and the state will hold onto it for tax purposes.
In Missouri, when you get a new car, how many days do you have to change the insurance over?
In Missouri, when you get a new car, you will have to change your auto insurance policy to include the new car immediately. Most car dealerships in the state will not allow you to leave the parking lot without the necessary insurance on the vehicle.
What happens in Missouri when your insurance company drops you?
In Missouri when an insurance company drops you, you will need to switch auto insurance companies immediately to cover your car with the proper insurance. Driving with no insurance on your vehicle can result in serious consequences.
How to buy auto insurance in Missouri?
How do car insurance companies in Missouri handle car accident claims?
Car insurance companies in Missouri handle car accident claims by first requesting damage reports, witness statements and police statements from an accident. Once they have all of the variables they need, they will decide whether or not to fund the repairs for a car in an accident that you may or may not have caused.
In the state of Missouri, which parent has to carry the auto insurance for a beginning driver?
In the state of Missouri, the parent that has to carry auto insurance for a beginning driver is the parent that has custody or the parent whose name the insurance policy is under.
How long does it take for an auto insurance premium payment to be returned in Missouri?
In Missouri and auto insurance company must return an auto insurance premium payment within 30 days. However, they can return an auto insurance premium sooner depending on how fast a claim has been filed and settled.
Common Auto Insurance Coverage in Missouri
In this frequently asked question section, you will find answers to common auto insurance coverage questions in Missouri.
Under Missouri law, what type of auto insurance is required?
Under Missouri state law, the type of auto insurance that is required is liability insurance coverage with the minimum coverage of bodily injury with a monetary amount of $25,000 and property damage coverage with a monetary amount of $50,000. If you can find the cheapest car insurance for military members you could possibly save even more.
What are the requirements for auto insurance in Missouri?
The requirements for auto insurance in Missouri must meet the minimum state standard of liability coverage that includes bodily injury coverage and property damage coverage, each with a monetary value of $25,000 to $50,000.
What is the Missouri state minimum for auto insurance?
The Missouri state minimum for auto insurance is liability coverage auto insurance with a monetary value of $25,000 for liability bodily injury coverage in the case of an accident and $50,000 for property damage coverage in the case of damage caused not from an accident.
How long does your existing insurance cover a new car in Missouri?
Existing car insurance in the state of Missouri covers a new car for as long as the car is on the insurance policy. The moment a car is taken off the insurance policy, it is no longer covered for damages.
What should I pick for auto insurance coverage in Missouri?
What you should pick for auto insurance in Missouri will ultimately depend on what your budget is. If you have a large budget for insurance, you should get full coverage insurance, especially if you live in high-risk areas. If you are on a tight budget, you should choose the state minimum required liability insurance. This is what car insurance comparison websites like ours specifically help you do.
What is Missouri’s state minimum for property damage on a car insurance policy?
Missouri’s state minimum for property damage on a car insurance policy is a monetary value of $50,000. This coverage must include both comprehensive and collision damage protection, each meeting the state mandatory minimums.
What insurance is needed to register a car in Missouri?
In order to register a car in the state of Missouri, you will need to cover it with an insurance policy with the state minimum of liability insurance that includes comprehensive and collision coverage totaling the amount of $50,000 or more in property damage and bodily injury protection.
What is commercial auto insurance in Missouri?
Commercial auto insurance in Missouri is a type of auto insurance that offers the following coverage:
- Liability coverage-protects against damages in the case of an accident.
- Medical Payments-provides payments for medical services such as covering medical procedures needed for a person insurance in an insured vehicle.
- Uninsured Motorist coverage-provides recovery services for injuries caused by policy holders that don’t have liability coverage.
- Collision coverage-protects for accidental loss and damage against natural disasters, vandalism or falling objects.
- Underinsured Motorist coverage-provides services for recovery of injuries caused by policy holders that don’t have enough liability coverage.
Who can be covered under a Missouri auto insurance policy?
The only people that can be covered under a Missouri auto insurance policy are licensed drivers that are under the insurance policy. Those who are not may still drive your car, but it may not be protected against damages in the case of an accident.
What are recommended auto insurance coverages in Missouri?
The recommended auto insurance coverage in Missouri is the state mandatory liability insurance. However, if you live in a high-risk area or have a new car, the recommendation coverage is full coverage.
In Missouri, which insurance company pays the medical bills in an auto accident?
A car insurance company that pays medical bills in the case of an auto accident is an insurance company that offers Medical coverage as part of its policy plan. The best types of insurance companies that offer these types of coverage on top of auto insurance are:
- State Farm
- American Family
- Missouri Farm Bureau
Be sure to check out Safe Auto reviews too as they may offer this as well.
Auto Insurance Rates in Missouri
In this section, you will find frequently asked questions pertain to the average auto insurance rates in Missouri.
How much is car insurance in Missouri for a first-time driver?
Car insurance in Missouri for a first-time driver can range in price from $890 for a yearly premium to over $1,400. The rate for a first-time driver will drop in price after the driver turns 21 years of age. If you’re looking for the best car insurance for new drivers under 25 then that shouldn’t be too difficult.
How are Missouri high risk insurance rates vs Kansas?
Missouri is a bit cheaper than Kansas on average. However if you’re talking specifically about something like a Kansas SR22 insurance policy then it could be different.
How to get the cheapest car insurance in Missouri?
The best way to get the cheapest car insurance in Missouri is to have a clean driving record, to drive less than 5 miles to and from work daily and to live in low-risk crime areas. Also ask for no deposit car insurance when you talk to an agent or company.
Who has the cheapest auto insurance in Missouri?
The company with the cheapest auto insurance rates in Missouri Farmers Insurance. Farmer’s offers competitive rates for collision and comprehensive coverage as well as covers most of the heavily populated cities in Missouri. Local companies can be good too and those can be found by typing low cost auto insurance near me into a search engine.
Which midsize car has the better insurance rates in Missouri?
The type of midsize car that has better insurance rates are any midsize car that contains no more than 6 cylinders as well as have drivers that currently live in low-risk areas throughout Missouri.
How much is cargo auto insurance in Missouri?
Cargo auto insurance in Missouri can have a yearly premium rate of $4,000 a year, depending on the insurance company you decide to get insurance with. This type of insurance covers trucker’s liability coverage, physical damage coverage, legal liability and workers comp and employers liability.
How much is car insurance for a 21 year old boy in Missouri?
Typical insurance rates for a boy that is 21 years old in Missouri is around $1,200 for a yearly premium and can go as high as $1,400 depending on the person’s personal driving record. Related: How much does car insurance cost for an 18 year old?
Why is car insurance so expensive in Missouri?
The car insurance in Missouri is so expensive due to a variety of factors such as:
- The population increasing in Missouri
- The number of auto accident claims made in Missouri
- The rise of inflation
How much does full coverage car insurance cost in Missouri?
Full coverage car insurance in Missouri can have a cost of over $1,000 for a yearly premium. This depends on the monetary protection offered with comprehensive and collision coverage and the driving history of the driver. Check out what the average cost of full coverage car insurance is in other states.
How much is the insurance rate for a car dealer in Missouri?
The average car insurance rate for a car dealer in Missouri is the same as for any other citizen of Missouri: up to $890 for a year depending on the risk factors in a specific city or a driver’s driving history. Related: How much is salvage insurance?
In Missouri, how do you find the lowest car insurance rates?
The best way to find the lowest car insurance rates in Missouri is by doing your research prior to paying for a premium. The best way to do this is to request car insurance quotes from various companies and choose the best one for your budget and that offers the type of coverage you want. Some times people will get a short month to month auto insurance policy before deciding on a 6 month policy.
How much does car insurance cost for a teenager in Missouri?
Car insurance for a teenage in Missouri will cost more than for a driver over the age of 24. The cost for car insurance can range in price from $1,400 to $2,000 a year, depending on the type of coverage purchased. Check out the average car insurance by age in our full article.
Where to get the cheapest car insurance in Missouri?
The best place to get the cheapest car insurance in Missouri is Farmer’s Insurance. To get a quote, you need to call Farmer’s Insurance directly or visit the closest Farmer’s Insurance agency and talk to local car insurance brokers directly.
Who has the best auto insurance rates in Missouri?
The insurance company with the best insurance rates in Missouri is Farmer’s Insurance. Farmer’s offers competitive rates from $400 to $800 for the standard state liability coverage and offer coverage in most of the popular cities in Missouri. Read more about where to get cheap car insurance.
Who has the most expensive car insurance in Missouri?
The most expensive car insurance company in Missouri is Missouri Average Insurance. They offer high rates starting at $890 for the state mandatory minimum of liability insurance and have high rates even for driver’s living in low-risk areas.
How much does a speeding ticket increase insurance cost in Missouri?
A speeding ticket can increase insurance cost in Missouri by as much as an extra $20 to $30 a month or $250 to $300 a year. This depends on the severity of the ticket and if you have multiple speeding tickets.
What is the average price of auto liability insurance in Missouri?
The average price of auto liability insurance coverage in Missouri is $745 a year. This cost includes the state minimum bodily injury and property damage protection as well as extended collision and comprehensive coverage.
How much is the average car insurance policy for a 24 year old in Missouri?
The average car insurance policy price for a 24 year old living in Missouri is around $890 if they live in a low-risk area. This price is just for the state standard liability coverage with bodily injury and property damage protection. See more: What is the cheapest car insurance for young drivers?
In the state of Missouri, how long will a DUI affect car insurance price?
In the state of Missouri, a DUI can affect car insurance price for up to three years. This is determined by how long the DUI stays on your driving record as an insurance company will take your driving record into account when coming up with a quote. Some people are still able to find cheap high risk insurance by shopping around. If this isn’t for your car then you may still need to get non owner sr22 if you drive someone else’s car.
Is Missouri cheaper than Illinois for car insurance?
Illinois is slightly more expensive than Missouri. This is certainly zip code dependant along with other factors though. Also if you have specialized coverage such as Illinois sr22 insurance then this comparison could be different.
Who has the best motorcycle insurance rates in Missouri?
Its difficult to say with so many variables that are unique to you. You should compare different options in your area to determine who has the right insurance package for your needs. A motorcycle insurance cost calculator may prove helpful in this situation too.
Lack of Insurance in Missouri
In this frequently asked question section, you will find common questions pertaining to lack of insurance in Missouri.
How to get a no proof of car insurance ticket in Missouri?
The only way you can get a no proof of insurance ticket in Missouri is to be pulled over by a police officer when driving a vehicle that currently has no insurance.
How much are you penalized for having no auto insurance for 5 months?
You can be penalized for having no auto insurance for 5 months by:
- Paying up to $1,000 in fines depending on how many times you have been caught driving with no insurance.
- Face possible jail time.
- Lose registration on your vehicle.
- Raised prices of auto insurance.
How much is the fine for no auto insurance card in Missouri?
A fine for having no auto insurance card in your vehicle in Missouri can range from $500 for a first-time offense and up to $1,000, jail-time and loss of registration for a second-time offense.
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