How Much Is Car Insurance in Missouri? (July 2024)

Missouri drivers can expect to pay around $1,565 per year for full coverage car policies. If you're looking for something cheaper, minimum coverage policies average about $699 annually. Car insurance premiums depend on factors such as your age, the extent of coverage you pick, where your home is, your driving history, and your credit score.

Missouri's average full coverage car insurance cost is approximately $1,565 annually. To find the best deal for car insurance, you can compare car insurance quotes.

Here's a quick look at Missouri's average auto insurance rates. Coverage options range from minimum coverage to full coverage, giving you a clear picture of what you might pay monthly or yearly.

Car insurance in Missouri is relatively moderate in terms, with the average annual premium for state minimum liability only coverage at $699, slightly above the national average of $595. The average annual premium for full coverage is $1,565, which surpasses the national average of $1,296.

The cost of car insurance in Missouri is influenced by several factors, including the rate of uninsured drivers, state laws, and the frequency of claims. High traffic congestion, theft rates in urban areas, and the likelihood of natural disasters such as tornadoes and hail storms can also drive up costs. Insurers consider personal factors such as your driving record, credit history, and the type of car you drive.

Car insurance premiums vary by company, even within the same state. In Missouri, Travelers offers the cheapest full coverage at an annual premium of $983, while Kemper has the priciest average premium at $2,309.

Understanding the importance of comparing car insurance quotes is key to finding the cheapest car insurance in Missouri. Shopping around can potentially save you hundreds of dollars annually.

The cost of car insurance in Missouri is also determined by the level of coverage you select. For instance, minimum coverage in Missouri may only set you back about $58 monthly, whereas opting for the full coverage with a $1,000 deductible averages around $130 monthly. It's recommended to select a full coverage policy for the broader protection it offers despite the higher initial cost. To understand more about what full coverage insurance entails, visit MoneyGeek's breakdown of full coverage car insurance.

While adding comprehensive and collision coverage to your policy will typically increase your monthly premiums, you can mitigate the impact by choosing higher deductibles. Remember, each comprehensive and collision claim you make will be subject to the deductible amount you've agreed to.

In Missouri, the minimum car insurance requirements include $25,000 for bodily injury per person, $50,000 for bodily injury per accident and $25,000 for property damage per accident, along with uninsured/underinsured motorist coverage at the same limits.

Your location down to the city can influence your car insurance premiums. The lowest full coverage rate in Columbia is $1,248, while in St. Louis it is $2,207.

In Missouri, your car insurance costs can be affected by your driving history, the type of car you drive and your credit score. Rates vary based on age, gender and the desired level of coverage. The area's crime rates and traffic conditions also play a significant role.

Age is a significant factor affecting car insurance costs in Missouri. Younger drivers typically face steeper premiums. Drivers aged 22 to 29 often pay the most for car insurance, averaging $1,960 annually, with their rates decreasing as they age. Drivers 60 and over enjoy lower rates around $1,479 per year. This trend reflects insurers' risk assessments based on age-related driving experience and accident statistics.

Age and gender significantly impact car insurance rates in Missouri, with 16-year-old male drivers having the highest premiums. On average, adding a 16-year-old male to a family policy costs approximately $3,696 annually, reflecting their greater risk profile.

Teenagers under 18 require a parent or guardian to co-sign for car insurance, and if they choose an individual policy, the premium rises to $7,842.

The average annual cost for full coverage car insurance on a 2012 vehicle is $1,269, while insuring a 2022 model of the same vehicle is higher at $1,654. This difference is due to the newer model's higher actual cash value, more expensive repair costs and increased risk of theft. Owners of newer models like the 2022 should invest in comprehensive and collision coverage to protect against a wide range of incidents.

In Missouri, your driving record plays a big role in determining your car insurance costs. Here's a snapshot of what drivers pay on average based on their records:

• With a ticket: $1,932 per year; $161 per month
• With an at-fault accident: $2,215 per year; $185 per month
• With a DWI: $2,207 per year; $184 per month

The type of driving violation affects your premium, with more severe offenses usually leading to higher costs. These violations stay on your record for a while, continuing to influence your rates until they drop off. For example, in Missouri, a DWI can impact your insurance rates for up to five years.

Check the table, which is navigable by coverage and age group, to find the average cost for car insurance in Missouri based on various driving records.

Missouri drivers with excellent credit are quoted an average annual car insurance premium of $1,096, while those with poor credit may see rates soar to $2,084. Your credit score affects the cost of your car insurance in Missouri, as insurers consider it a measure of financial responsibility. Good credit typically ranges from 670 to 739, with higher scores often leading to more affordable insurance rates.

Explore the key factors that impact your car insurance rates in Missouri, ensuring you find an affordable plan that meets your needs.

• Age and Driving Experience: Younger drivers often face higher rates due to their lack of experience, which can lead to more accidents and claims.
• Driving Record: A clean driving record can lead to lower insurance costs, while tickets and other infractions increase costs.
• Credit Score: Insurers consider credit history as an indicator of risk, with a higher score often translating to lower insurance rates.
• Vehicle Type: The make, model and age of your vehicle affect your rates, with newer, expensive cars generally costing more to insure.
• Location within Missouri: Urban areas with higher traffic density and theft rates may have higher insurance costs than rural locations.
• Coverage Level: Choosing between state minimum coverage and more comprehensive options impacts cost. Higher coverage levels mean higher premiums.
• Collision Insurance: Adding collision insurance to your policy covers your vehicle for damage from an accident, affecting your rate based on your deductible and coverage limit.
• Comprehensive Insurance: Opting for comprehensive insurance protects against non-collision events, which can alter your premium based on the value of your car and risk factors.
• Annual Mileage: The more you drive, the higher the likelihood of an incident, leading to increased insurance premiums.
• Marital Status: Married couples often receive lower rates due to perceived stability and shared driving, reducing individual risk exposure.

Each factor contributes to the overall cost of your car insurance in Missouri, pinpointing opportunities for savings and personalized coverage.

To find affordable car insurance in Missouri, compare rates, raise your deductible and utilize all applicable discounts for immediate savings on premiums.

This section provides insights into what you might expect to pay for car insurance tailored to a diverse range of driver profiles.