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Cheapest Car Insurance Companies and Quotes in Missouri

Several unique factors play a role in determining the most affordable car insurance in Missouri for your needs. MoneyGeek ranked the cheapest car insurance providers according to comprehensive and collision coverage for the average driver. Comparing car insurance quotes from different providers can give you a clearer idea about how much you need to pay.

Average Comprehensive and Collision Rates in Missouri

The prices indicated above are approximate costs for the average driver. Each provider evaluates risk factors differently. Some might choose to put a stiff penalty on DUIs, while some might provide significant discounts to drivers with a clean driving record or vehicles with safety features. Shopping around is a good idea.

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Cheapest Liability Car Insurance in Missouri

A minimum coverage plan in Missouri includes only the state’s mandatory liability coverage. USAA offers the cheapest option for a minimum liability-only package in Missouri. It is also the most affordable provider for the slightly higher 50/100/50 liability coverage. However, USAA’s plans and services only cater to current and former military personnel and their families. The next most affordable option for both state minimum and 50/100/50 liability-only policies is State Farm.

Average Cost for Liability Coverage

The Best Car Insurance Companies in Missouri for 2021

To determine the best car insurance companies in Missouri, MoneyGeek took into account data from two industry-standard studies: J.D. Power’s U.S. Auto Insurance Study and AM Best’s financial strength ratings. Both studies were equally weighted, along with additional pricing data, to arrive at a final score out of 100.

Expand All Rankings +

1

USAAScore: 100
+

5/5

User Satisfaction

5/5

Claims Ratings

5/5

Affordability

A++

Financial Stability

2

Auto-Owners Insurance CoScore: 97.5
+

5/5

User Satisfaction

4/5

Claims Ratings

5/5

Affordability

A++

Financial Stability

3

GEICOScore: 92.5
+

4/5

User Satisfaction

3/5

Claims Ratings

5/5

Affordability

A++

Financial Stability

4

AllstateScore: 85
+

4/5

User Satisfaction

3/5

Claims Ratings

3/5

Affordability

A+

Financial Stability

5

AAAScore: 85
+

3/5

User Satisfaction

3/5

Claims Ratings

4/5

Affordability

A+

Financial Stability

6

TravelersScore: 85
+

3/5

User Satisfaction

3/5

Claims Ratings

3/5

Affordability

A++

Financial Stability

7

ProgressiveScore: 85
+

3/5

User Satisfaction

3/5

Claims Ratings

4/5

Affordability

A+

Financial Stability

8

State FarmScore: 80
+

3/5

User Satisfaction

3/5

Claims Ratings

3/5

Affordability

A

Financial Stability

9

American FamilyScore: 77.5
+

3/5

User Satisfaction

2/5

Claims Ratings

2/5

Affordability

A+

Financial Stability

10

SafecoScore: 77.5
+

2/5

User Satisfaction

4/5

Claims Ratings

2/5

Affordability

A

Financial Stability

While USAA scores highly in many areas, this provider is only available to military members, veterans and their families.

Market Share by Company

A quick option to see what insurance companies are most popular in Missouri is to look at market share. According to the National Association of Insurance Commissioners, State Farm holds 22.23% of the market share in Missouri, making it the largest insurance provider in the state. The following table showcases the most popular auto insurance companies in the state.

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What Is the Average Cost of Car Insurance in Missouri?

Unique factors influence car insurance premium rates. MoneyGeek calculated the average 100/300/100 comprehensive and collision insurance rates for a typical 40-year-old male with a clean record driving a Toyota Camry. Your premiums can vary significantly from these Missouri averages based on your coverage levels, age and driving history, among other factors.

  • Average Driver: $1,305
  • DUI: $1,852
  • Speeding Ticket: $1,575
  • Poor Credit Score: $2,370
  • Seniors: $1,355
  • Students: $2,333

Cheapest Car Insurance for Drivers With a DUI in Missouri

From 2009-2018, 2,506 people died in alcohol-related car crashes in Missouri. 2.2% of Missouri drivers report driving after consuming too much alcohol in the last 30 days.<.p>

Getting a DUI can cause serious legal consequences and greatly impacts the cost of car insurance. In Missouri, it’s possible to get a DUI without driving if the driver has physical control of the vehicle. A first-time offense could land a driver in jail for up to six months, while repeat offenders could see up to four years of jail time.

The following are estimates of what drivers in Missouri can expect to pay in auto insurance if they receive a DUI. Specific figures vary, so drivers are encouraged to contact the insurance companies directly for an individualized quote.

Average Car Insurance Rates With a DUI

You’ll still be able to get cheap car insurance with a DUI in Missouri by shopping around for the best rate. Taking DUI prevention steps and maintaining a good driving record can also help you lower your rate after getting a DUI.

Cheapest Car Insurance With Tickets in Missouri

A moving violation, like a speeding ticket or distracted driving ticket, can cause your insurance rates to rise.

Most Missouri drivers know they’re not supposed to drive while texting or eating, but distracted driving still takes place every day. According to the National Highway Traffic Safety Administration, there were 848 crashes in Missouri caused by distracted driving in 2018.

The following table features estimates regarding what drivers who receive a ticket for distracted driving or speeding can expect to pay for car insurance in Missouri.

Average Car Insurance Rates With a Ticket

The amount a moving violation affects your car insurance rates depends on your insurance provider in addition to several other factors. In Missouri, distracted driving that causes an accident could increase your insurance rates by over 50% for three years or longer.

Cheapest Car Insurance Companies in Missouri for Drivers With Bad Credit

Insurance companies use your credit report to give you an insurance score that helps determine how likely you are to make a claim. In general, drivers with lower credit scores file more insurance claims.

The average credit score in Missouri is 701, but drivers with lower scores could see higher insurance rates. Luckily, there are still plenty of cheap options with top-rated auto insurance companies in Missouri, even if you’re in the process of increasing your credit score. The following estimates are what drivers in Missouri can expect to pay if they have poor credit scores.

Average Car Insurance Rates for Drivers With Bad Credit

There’s no way to tell how your credit score will affect your insurance rates. Each insurance carrier uses a different scoring system to determine your risk level. Your best bet is to ask for quotes from multiple companies so you can weigh your options for the best price.

Cheapest Car Insurance Companies in Missouri for Seniors

As you age, it can become harder to see and your reaction time could potentially slow down. This change can reduce your ability to drive safely. In 2017, 13.3% of fatal crashes in Missouri involved a driver over the age of 65.

To help prevent devastating crashes, Missouri requires drivers 70 and older to take a road sign recognition test and a vision test every three years. Maintaining regular driving tests could also help you find cheap car insurance for seniors in Missouri. The following estimates are what seniors can expect to pay for their auto insurance in Missouri.

Average Car Insurance Rates for Seniors

Car insurance rates for seniors in Missouri tend to be higher because many seniors have slower reflexes and less reliable eyesight. Shopping around with different companies and following safe driving practices is the best way to help you maintain your driving independence and cheap insurance.

Cheapest Car Insurance for Students in Missouri

Most young drivers in Missouri are added to their parents’ existing auto insurance policy. Adding your child to your policy often helps save money, as finding cheap car insurance for young drivers in Missouri can be difficult.

Missouri uses a graduated driver’s license system to help keep students safe behind the wheel. This system limits the type of driving and passengers for students who are inexperienced drivers. By college, most Missouri students are ready to apply for a full driver’s license.

Car insurance rates for young drivers are often more expensive than older drivers. Inexperienced drivers hitting the road in morning traffic for school or heading across Missouri for college can lead to an increased chance of an accident. The number of crashes involving young drivers in Missouri was over 29,000 in 2018, according to a report from the Missouri State Highway Patrol.

Average Car Insurance Rates for Students

Insurance Rate Information for Military Drivers and Veterans

Missouri has more than 15,000 active-duty military personnel and more than 479,000 veterans. Most major insurance companies, and those that cater exclusively to military families, offer discounts to these groups. Discounts are usually automatic for qualifying individuals.

Insurance companies will still look at factors like credit and driving history when setting a rate, so be sure to get quotes from multiple companies. The Missouri Department of Insurance also offers tips on lowering your insurance rates beyond a military discount. The following estimates reflect what active-duty personnel and veterans can expect to pay for auto insurance in Missouri.

Average Rates for Missouri service members

male
25 years$1,246
50 years$1,014
female
25 years$1,228
50 years$1,016

Car Insurance in Missouri: What You Need to Know

To drive in Missouri, you must register your vehicle with the Missouri Department of Revenue and carry auto insurance. Missouri also requires vehicles to pass a safety inspection, except for vehicles under a certain age and mileage.

Proof of Insurance in Missouri

You must carry proof of car insurance when driving in Missouri. This can be a traditional insurance card or a digital version on a smartphone or other mobile device. Insurance cards should include the driver's name, insurance policy number and vehicle(s) covered. According to the Missouri Department of Revenue, state residents are must show proof of insurance in the following situations:

  • When registering or renewing a car
  • When asked by a law enforcement official
  • When applying for or renewing a driver's license

Minimum Liability Insurance Requirements in Missouri

Missouri state law mandates that all vehicle owners and drivers have auto liability insurance coverage. The Missouri minimum auto insurance requirements are 25/50/25 coverage:

  • $25,000 for each injured person per accident
  • $50,000 per accident for bodily injury to two or more people
  • $25,000 per accident for property damage

In addition to liability insurance, drivers in Missouri must also hold uninsured motorist coverage, with the minimum requirements as follows:

  • $25,000 for bodily injury per person
  • $50,000 for bodily injury per accident

Alternatives to Insurance in Missouri

You can drive without car insurance in Missouri if you qualify for one of three costly alternatives: a surety bond, a real estate bond or a cash/securities deposit. After filing the proper financial bonds or securities, you will receive a certificate to submit to the Department of Revenue in lieu of an auto liability insurance policy. Here are the details behind each option:

  • Surety Bond: You may submit a $75,000 surety bond and power of attorney form to the Missouri Department of Revenue.
  • Real Estate Bond: You must file a Justification of Sureties form to the circuit court judge in the county or city where the property is located. The form must show two or more property owners holding real estate with at least $150,000 in equity value.
  • Cash or Securities Deposit: You may deposit cash or negotiable securities to meet proof of financial responsibility if you file one of the following with the State Treasurer's office: a cash deposit of at least $75,000, a Certificate of Deposit worth $75,000, stock or bonds certificates valued at $75,000 or other approved negotiable securities.

Whether you choose an insurance policy or other proof of financial responsibility, you must keep the policy in every vehicle you own or operate in the state.

How Much Coverage Do You Need in Missouri?

Motorists in Missouri are required to maintain a minimum level of liability insurance. However, the minimum required amount may not be enough to cover the cost of an accident, especially if the other driver is uninsured.

Insurance consumer groups note, drivers should ideally carry ten or more times the minimum required liability coverage. Adding collision or comprehensive coverage could be a good idea if your car is new or valuable.

Car insurance companies use your location to calculate your rate.
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Expert Advice on Finding Cheap Car Insurance in Missouri

To help you find credible and accurate information on car insurance in Missouri, MoneyGeek gathered expert advice from proven professionals. The views and opinions expressed are those of the individual contributor.

  1. What are the key factors drivers in Missouri should look for when searching for the best auto insurance coverage?

    Missouri drivers need to remember that 1/7 drivers on the road in Missouri have NO insurance, despite the state’s financial responsibility law. As you might expect, these are not the best 1/7 of the drivers either. Missourians should consider uninsured motorist coverage that includes both bodily injury and property damage coverage.

    In every state, including Missouri, vehicle owners are required to purchase liability insurance for the protection of people and property the owner might injure or damage through one’s negligent operation of a vehicle. In Missouri, state law currently requires an owner to purchase liability coverage of at least $25,000 per person for bodily injury, $50,000 per accident for bodily injury, and $10,000 per accident for property damage. These are only the minimum requirements, however, and it is wise for most persons—if they can afford it—to purchase more. If, for example, your negligence happens to total someone else’s vehicle, you will be very lucky if the other person’s vehicle is worth less than $10,000—so purchasing higher limits is, for most people, a good idea. The same is true for the liability coverages if you have personal assets you want to protect from being used to pay for injury or damage you might negligently cause someone else to suffer.

    The reality is that some people, despite the requirements of state law, fail to purchase liability insurance. According to the Insurance Research Council, in Missouri, approximately one out of every seven vehicle owners carries no liability insurance. This means that if one of those uninsured drivers negligently causes you bodily injury, you will have no liability insurer available to pay for your medical and hospital bills, lost wages, and pain and suffering. Plus, a person who fails to purchase liability insurance probably will not have personal assets available to be used to compensate you. This is the reason Missouri law also mandates that each vehicle owner purchase uninsured motorist (UM) coverage for bodily injury in minimum amounts of $25,000 per person and $50,000 per accident.

    UM is primarily intended to pay for hospital and medical bills; so, if you have good health insurance coverage, you may feel that you do not need to purchase higher limits of UM coverage. But health insurance will not pay for lost wages or pain and suffering damages. If protecting yourself against the risk of this loss makes you feel more secure, then higher UM limits might still be something that you want, even if you have high-quality health insurance.

    Beyond liability and UM coverages, it is important to remember that your auto has value as property; indeed, for most people, it’s the first or second-most valuable tangible asset one owns. If your vehicle is damaged in an accident not caused by someone with liability insurance, is stolen, or is damaged by weather or some other force of nature, the resulting damage will be your loss. If your vehicle is old and lacking in value, or you otherwise feel that you can manage a loss out-of-pocket should it happen, then you may wish to “self-insure” the risk of property loss and forego the purchase of property insurance. For many people, however, it is desirable to purchase some amount of “collision coverage,” which pays for your vehicle’s damage if you hit an object or another car, and “comprehensive coverage” for non-crash damage, such as weather, fire, theft, and collisions with animals. In short, auto insurance is an important purchase for every vehicle owner, even if the precise coverages needed will vary from person to person.

    The bottom line is straightforward. If you own a vehicle, you need insurance. It is important to purchase the minimum coverages required by law, and it is also important to purchase the optional coverages that you need. Making an effort to understand the coverages and their costs can help you avoid spending more than necessary for what you need—thereby maximizing your savings.

  2. What steps can drivers in Missouri take to find affordable car insurance?

    As one can tell from the massive television and internet advertising, the car insurance market is very competitive, especially for drivers with good driving records. While the shop-around process is time-consuming, it can be a worthwhile chore to do every three years or so. An independent agent who represents multiple companies can do a good bit of the shopping around for you.

    When you shop, ask about discounts each insurer offers. Many insurers offer lower rates if you purchase two or more policies from them. If, for example, you have homeowners or renters insurance, you should inquire about what kind of discount you might get by purchasing all your insurance from the same company. Some insurers give discounts for taking driver safety courses. If you have a young driver in the household, some insurers give discounts for a student’s good grades. Having a child away at college without a car may generate a discount. If you are a low-mileage driver, ask about the availability of low-mileage discounts. Remember that a large number of discounts still may not produce the lowest cost coverage; if a company has only a few discounts but starts with a lower price, its final price may produce the greatest savings (i.e., it’s the overall price that counts).


Dr. James Philpot
Dr. James PhilpotAssociate Professor and Director of the Financial Planning Program at Missouri State University
Robert H. Jerry, II
Robert H. Jerry, IIFloyd R. Gibson Missouri Endowed Professor Emeritus of Law at The University of Missouri

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About the Author


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Tara Seboldt is a writer for MoneyGeek


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