Average cost of car insurance in Missouri

There are many options available when searching for car insurance within the Show-Me State. Missouri’s car insurance rates are very competitive because of the many auto insurers that exist in the state. Bankrate has found that Missouri’s average cost for car insurance is $468 per annum for minimal coverage, and $1661 for full coverage.

What is the cost of Missouri car insurance?

It’s difficult to provide an exact price for Missouri auto insurance rates. Pricing can be affected by many factors. The average Missouri car insurance rate can be estimated by comparing the prices of many states. This will give you an idea of what you might pay for coverage. The average Missouri car insurance rate is $468/$1,661. This is less than the average cost of insurance at $565/$1,674.

Your rates could be higher or lower that the state average depending on a variety of factors such as your location and age, the carrier you choose, and your driving record.

Missouri car insurance rates per company

Below is a table showing the annual pricing for each insurance company. The average lowest car insurance rate in Missouri comes from smaller regional carriers. USAA, Columbia Electric Insurance Company, Missouri Farm Bureau and Electric Insurance Company offer the lowest rates. USAA is an exception. It operates across the country but is limited to military personnel and their families.

If you are looking for lower rates, getting quotes from multiple insurance companies could be a good idea. If you are able to save significant money on your premiums, switch carriers

Missouri car insurance rates by location

The cost of your vehicle insurance may be affected by the zip code you live in. The table below shows how your area ranks in relation to the 20 largest Missouri cities based on their population.

Missouri car insurance rates based on age

Missouri’s unfortunate reality is that young drivers may have to pay more for insurance. Insurance companies consider inexperienced drivers younger and more risky to insure. They will charge you more to insure you because they see younger, less experienced drivers as risky. Teen drivers are the most vulnerable, with premiums that can be twice or more than those of a 30-year old.

Consider adding your vehicle to a parent policy for savings or taking advantage discounts offered by carriers such as those for good students or completion of defensive driving courses.

Missouri auto insurance rates by driving record

The state offers the lowest rates for insurance to drivers who are safe. It all boils down to risk. Insurance companies will charge more for drivers who are more likely to cause serious injuries or accidents.

A previous accident or driving while impaired conviction can explain a rise in car insurance rates. However, a single speeding ticket could also cause a sharp increase in your car insurance premiums. Insurers see speeding as a risky behavior that could cause serious traffic accidents.

Missouri: How to Save on Car Insurance

While you may not be able do much about your age (other that to take advantage age-related discounts), there are several ways to save on car insurance.

  • Accident forgiveness: Some insurance companies will forgive you for one claim or accident that you have made within the last few years. This could prevent your car insurance rates increasing by an average 34.55%
  • You can get a discount on your car policy by taking a defensive driving course. They are affordable and can be completed in a matter of hours or days.
  • You can enroll in the telematics program of your insurance company. More companies offer a discount on your car insurance premiums depending on your driving habits. To determine how safe you drive, you will need to download a mobile application that tracks your driving habits and mileage. Good driving may result in a reduction in your car insurance.
  • Bundle coverage: If renters or home insurance is required, you could save money by purchasing both car and home coverage.

Questions frequently asked

What is the monthly cost of Missouri car insurance?

Missouri’s average car insurance rate is $468 for minimum coverage and $1,661 full insurance. Your monthly premiums could range from $39 to $138 depending on what level of coverage you have.

What amount of insurance do I need for Missouri?

All drivers must have at least 25/50/10 liability insurance and at least 25/50 in uninsured motor vehicle insurance. This amounts to:

  • Uninsured motorist and bodily injury coverage: $25,000 per person, $50,000 per accident
  • Property damage liability: $10,000 per accident

Which Missouri company offers the lowest car insurance rates?

Bankrate discovered that Missouri’s smaller local insurers offer lower car insurance than national brands. However, your rate will vary depending on your personal characteristics. To get a better idea about which providers might offer lower rates, you should request multiple quotes.