bestauto insuranceColumbiaCompare the Cheapest Car Insurance Quotes in Columbia, MO
Auto insurance costs an average of $1,037 per year in Columbia, which is cheaper than the state average. State Farm has an average rate of $721, making it the cheapest option in the city. MoneyGeek collected rates to determine the cheapest by coverage level and driving history and ranked the best companies that balance cost and quality in Columbia.
REVIEW AUTO INSURANCE RATES
Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
Advertising & Editorial DisclosureLast Updated: 1/5/2023
Edited By |
Morgan Hull
Written By |
Mark Fitzpatrick
The price of car insurance is based on your coverage needs and driver profile. State Farm offers the most affordable quotes in Columbia for full coverage plans, liability insurance and for drivers with a speeding ticket. If you are a military member, USAA has the cheapest premiums in almost every instance. MoneyGeek selected State Farm as the best overall car insurance company in the city because of its balance of high-quality service and affordability.
bestauto insuranceColumbiaThe Cheapest and Best Car Insurance in Columbia
Cheapest Overall - State Farm
Cheapest State Minimum - State Farm
Cheapest With a Driving Violation - State Farm
Best Overall - State Farm
Methodology
To rate insurers in Columbia, MoneyGeek obtained premiums and statistics from J.D. Power, AM Best and the NAIC.
The Cheapest Car Insurance Companies in Columbia
Full coverage car insurance gives extensive financial protection to a driver since it includes liability, plus comprehensive and collision coverage. In Columbia, the providers that offer the cheapest full coverage policies are:
- State Farm: $721 per year
- Allied: $745 per year
Only members of the military and their families can opt for USAA's $495 premium, which is the lowest in the city.
With an average premium that is around 85% less than the most expensive quote from AAA, State Farm is Columbia's cheapest provider for widely available full coverage policies. Remember that the amount of liability protection you choose will affect the premium you pay
Cheapest Car Insurance in Columbia
Full Coverage 100/300/100
- Company100/300/100per year
- 1.$495
- 2.$721
- 3.Allied$745
- 4.$809
- 5.$821
MoneyGeek's methodology analyzed sample insurance quotes for a 40-year-old male motorist insured under a full coverage policy.
Full coverage is expensive because it includes collision and comprehensive coverage in addition to liability insurance.
- Collision coverage: covers the cost of repair when your car is damaged in a collision
- Comprehensive coverage: covers the cost of repair when your car is damaged in incidents other than collisions, such as weather events, vandalism and fire
A full coverage car insurance policy for an older car may not be appropriate, especially if the premiums add up to more than the car's replacement value. In this case, you may wish to consider state minimum or liability-only insurance.
Compare Car Insurance Rates in Columbia
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Columbia for Minimum Coverage
The cheapest tends to be a state minimum or liability-only policy. On average, the following insurers offer the lowest minimum liability premiums in Columbia:
- State Farm: $332 per year
- Allied: $431 per year
Military families can get the city's cheapest insurance from USAA for $198. Note that state minimum insurance costs $366 less per year with State Farm than Esurance, which charges $698 and is the most expensive in the city.
Minimum coverage insurance policies are less expensive because they cover less. With state minimum or liability-only insurance, you may be underinsured in the event of an accident. Here is a breakdown of how changes in liability coverage can affect your insurance premiums.
Cheapest Minimum Liability Car Insurance in Columbia
State Minimum
- CompanyState Minimumper year
- 1.$198
- 2.$332
- 3.Allied$431
- 4.$453
- 5.$488
The state of Missouri mandates that all motorists have 25/50/25 liability insurance. This minimum insurance requirement is the least expensive, but it also provides the least protection. If you get into a car accident, you could face a mountain of debt.
That’s because if you’re in an accident that costs the other driver $50,000 in medical expenses, you are only covered for $25,000. You'd be responsible for paying the remaining $25,000 out of pocket.
Missouri Minimum Liability Requirements
- ItemDescription
- Bodily Injury and Property Damage$25,000 per person, $50,000 per accident and $25,000 for property damage. A more protective level is 100/300/100.
- Uninsured Motorist$25,000 per person and $50,000 per incident. The minimum coverage may not be enough if you're in a serious accident.
Cheapest Car Insurance in Columbia if You Have Driving Violations
Speeding, driving under the influence or being found at fault in an accident can raise your insurance premiums, sometimes significantly. After being ticketed, you can get the lowest average insurance rates in Columbia at:
- Cheapest after a ticket: State Farm, $781 per year
- Cheapest after an at-fault accident: American Family, $826 per year
- Cheapest after a DUI: State Farm, $781 per year
USAA offers the cheapest insurance in the city for drivers with a speeding ticket or an at-fault accident. However, only members of the military can purchase car insurance through USAA.
Even if you have violations, you can reduce your insurance premiums as you improve your driving record. Since this takes time, it makes sense to compare insurance quotes from different providers in Columbia to see which one offers the cheapest insurance for drivers with bad records.
Cheapest Car Insurance in Columbia With a Violation
Speeding Ticket
- CompanySpeeding Ticketper year
- 1.$584
- 2.$781
- 3.$826
- 4.Allied$849
- 5.$906
Average Cost of Car Insurance in Columbia
Columbia$1,037
Missouri$1,305
U.S.$1,424
The average cost of car insurance in Columbia is $1,037 per year. That is cheaper than the average auto insurance costs on both the state and national levels.
In comparison, the state annual average is 20.5% higher at $1,305 per year. Columbia drivers also typically pay 27.2% less than the national average of $1,424.
Personalized Quotes to Get You the Cheapest Car Insurance in Columbia
Compare car insurance quotes regularly to find the most accurate policy. Insurers determine car insurance prices based on individual factors like your age, ZIP code, car make and model, your gender and your credit score. Get personalized quotes as your circumstances change to see if you qualify for discounts, rebates or other savings.
Compare Car Insurance Rates in Columbia
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Car Insurance Companies in Columbia
MoneyGeek analyzed average prices, claims ratings and customer satisfaction scores to find the top auto insurance companies in Columbia. The top-rated car insurance providers in the city based on these factors are:
- State Farm: MoneyGeek score of 81 out of 100
- American Family: MoneyGeek score of 74 out of 100
MoneyGeek did not include USAA in its ranking, as policies are only available to military members and their families. However, the provider received a perfect score of 100, making it the top car insurance provider for military families in Columbia.
1
State Farm
Score:81
State Farm received high marks for stability, claims, customer satisfaction and affordability. Policyholders can supplement their standard coverage with specialized ridesharing insurance, which costs an average of $721 per year in Columbia.
More About State Farm
State Farm consistently performed well in all areas evaluated by MoneyGeek, making it Columbia's best auto insurance company. Standard State Farm car insurance policies may include roadside assistance, rental car reimbursement and rideshare insurance.
Other insurance companies rarely provide rideshare insurance. This endorsement guarantees that when working for a ridesharing service, the coverages included in your personal auto insurance policy remain in effect.
Read MoneyGeek's State Farm auto Insurance Review2
American Family
Score:74
According to our methodology, American Family received excellent scores for financial stability, good scores for customer satisfaction and average scores for claims and affordability. On average, policies for a 40-year-old driver in Columbia cost $821 per year.
More About American Family
American Family offers a unique optional original equipment manufacturer coverage that makes sure that aftermarket components are not utilized when your vehicle is repaired. You may also add roadside assistance to your auto policy, which can come in handy if your car breaks down on the road.
Gap insurance, a rare coverage, is offered by the insurer. This feature pays the difference in the amount you owe on your automobile and the total cost of replacing it with a new one.
Read MoneyGeek's American Family auto Insurance Review3
Allstate
Score:73
4
Farmers
Score:46
5
MetLife
Score:43
6
Allied
Score:42
7
GEICO
Score:42
8
Progressive
Score:38
9
AAA
Score:32
10
Esurance
Score:29
11
Shelter
Score:8.6
Average Cost of Car Insurance by Postal Code
Auto insurance in Missouri is also determined by where you live. That is because of the differences in car theft incidents, accident statistics and the number of uninsured drivers in the area.
Car insurance in Columbia also varies depending on your ZIP code. The cheapest neighborhood in the city is 65203, which has an average rate of $1,026 per year. Meanwhile, the most expensive neighborhood is ZIP code 65202. The average rate in this neighborhood is $1,047 or $21 more than 65203.
- Zip CodeState Minimumper year
- 65203$1,026
- 65202$1,047
Factors That Impact Insurance Costs in Columbia
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of car thefts also contribute to car insurance rates in Columbia. How Columbia ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
About the Author
sources
- Kaiser Family Foundation. "2019 Employer Health Benefits Survey." Accessed January 16, 2020.