The Cheapest Car Insurance in Missouri for 2022
State Farm’s average yearly quote of $437 for a minimum coverage policy is the cheapest car insurance in Missouri.
MoneyGeek analyzed Missouri auto insurance rates to find the cheapest companies for various driver profiles. Although State Farm is the most affordable for most drivers, Allstate provides the cheapest full coverage insurance and also offers the cheapest insurance to young and senior drivers. The state's drivers can save around $1,163 annually on auto insurance by shopping around for the best deal.
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The Cheapest Car Insurance in Missouri
We outlined the cheapest Missouri companies by city for those seeking a more local solution. Furthermore, we also listed the best car insurance companies in Missouri for those seeking quality service at a reasonable price.
Why Trust MoneyGeek? Missouri car insurance rates in this study are based on our analysis of data and information from the Missouri Department of Insurance and Quadrant Information Services.
These rates were updated in August 2022 to reflect how car insurance rates in Missouri have changed up to this month.
Cheapest Minimum Liability Car Insurance in Missouri
The most affordable car insurance in Missouri is a minimum liability coverage policy. This coverage meets the minimum requirements of the state.
On average, the cheapest car insurance providers in Missouri for minimum coverage are:
- State Farm: $437 per year
- Allstate: $567 per year
If you or a family member are in the military, USAA's $189 average annual rate is the most affordable option. Esurance is the most expensive company for minimum coverage in Missouri, costing an average of $834 per year.
CHEAPEST MINIMUM CAR INSURANCE IN MISSOURI
These prices are only estimates based on rates for an average Missouri driver and should not be used to compare insurance prices.
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Cheapest Full Coverage Car Insurance in Missouri
While full coverage insurance in Missouri costs more than liability-only insurance, it provides added protection and higher limits. A full coverage policy consists of comprehensive and collision insurance that protects drivers from road accidents and off-road incidents.
Comparing quotes from different auto insurance companies, you can find the best rates.
On average, the cheapest options for full coverage car insurance in Missouri are:
- Allstate: $891 per year
- State Farm: $904 per year
For military families, USAA has the lowest prices, averaging $484 per year for full coverage. Progressive has the highest rates, with an average cost of $1,647 per year.
CHEAPEST FULL COVERAGE CAR INSURANCE IN MISSOURI
Your car insurance costs may differ from these figures based on factors like your credit score, history of violations, age and more. The full-coverage policy averages shown are for comprehensive and collision insurance with $100,000 bodily injury liability coverage per person, $300,000 bodily injury liability coverage per accident and $100,000 property damage coverage per accident.
How to Compare Cheap Missouri Car Insurance Quotes Online
- Use the same coverage levels as you compare rates. For instance, if you want a comprehensive and collision policy with a $1,000 deductible, specifying this to all providers makes it easier for you to compare rates.
- MoneyGeek can help you get a quote estimate through its car insurance calculator — without providing personal information. You only need to provide specific details if you want a personalized quote. You may also use MoneyGeek’s data to choose which companies you want to contact for a quote.
- Based on MoneyGeek’s study, the cheapest companies in Missouri are State Farm and Allstate. You can start by getting a quote from these companies.
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Cheapest Car Insurance in Missouri for Young Drivers
Young drivers are less experienced than middle-aged drivers, so insurance companies consider them high risk and charge them expensive car insurance rates. In Missouri, a 16-year-old pays an average of $2,491 per year for auto insurance. A 25-year-old pays an average of $1,302 annually for a car insurance policy.
MoneyGeek found that Allstate is the cheapest car insurance company on average for drivers who are 16 to 25 years old.
ANNUAL CAR INSURANCE IN MISSOURI FOR YOUNG DRIVERS
In Missouri, the cost of insurance for young drivers can be quite high. Finding cheap car insurance for students and young drivers is difficult, so adding your child to your policy can often help save you money.
The annual cost of the cheapest rate for a 16-year-old driver in Missouri is $1,454, whereas the most affordable for a 25-year-old driver costs $970. Get quotes from several insurers to get the best rate.
Cheapest Car Insurance in Missouri for Seniors
Young adults and middle-aged drivers pay lower premiums than senior drivers in Missouri. On average, senior drivers pay $1,351 per year, while the average driver pays around $1,301.
The cheapest car insurance companies in Missouri for senior drivers are, on average:
- Allstate: $853 per year
- State Farm: $871 per year
For people with military affiliations, the lowest price point for Missouri seniors is USAA, averaging $509 per year. Esurance is the most expensive option, at roughly $1,765 per year.
CHEAPEST CAR INSURANCE RATES FOR SENIORS
Due to slower reflexes and poor eyesight, insurance rates for seniors in Missouri are higher. The best ways to maintain your driving independence and take advantage of cheap insurance are to follow safe driving practices and compare quotes from different companies.
The most affordable car insurance for seniors averages $853, and the least affordable averages $1,765 per year. By comparing quotes, you could potentially save $912 annually.
Cheapest Car Insurance for Drivers With Tickets in Missouri
Car insurance rates in Missouri are higher for drivers with minor traffic offenses, like speeding tickets. On average, Missouri drivers with tickets pay $1,571 per year compared to drivers without a ticket who pay $1,301 annually.
On average, the best full coverage auto insurance providers in the state for drivers with tickets are:
- State Farm: $978 per year
- Allstate: $1,007 per year
USAA's $567 annual average rate is the cheapest option for military families. The most expensive option is AAA at around $2,196 annually.
AVERAGE CAR INSURANCE RATES WITH A TICKET
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 above table features estimates regarding what drivers who receive a ticket for distracted driving or speeding can expect to pay for car insurance in Missouri.
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 for Drivers With a DUI in Missouri
Having a DUI in Missouri results in an average annual insurance cost of $1,847, whereas a driver without a DUI pays approximately $1,301.
Missouri drivers with a DUI can find the best average rates with the following insurance companies:
- State Farm: $978 per year
- American Family: $1,065 per year
For DUI drivers who have military affiliations, the cheapest option in Missouri is USAA at $804 annually. GEICO is the most expensive option, charging approximately $2,680 annually.
AVERAGE CAR INSURANCE RATES WITH A DUI
DUIs can have a significant impact on your car insurance rates. You can save money by comparing the rates of several Missouri insurers. At present, the state's cheapest DUI insurance rate is $978 per year, while the most expensive is $2,680. You could save $1,702 per year by shopping around.
DUIs can also result in serious legal consequences. A first-time offender could spend up to six months in jail, while a repeat offender could serve up to four years.
Cheapest in Missouri for Drivers With an At-Fault Accident
MoneyGeek’s analysis shows that drivers in Missouri with an at-fault accident pay an average of $1,854 annually for a car insurance policy.
On average, the cheapest companies for drivers in Missouri with an at-fault accident are:
- State Farm: $1,052 on average per year
- Allstate: $1,063 on average per year
For military families, USAA offers the most affordable car insurance policies after an accident in Missouri at an average cost of $647 annually. At an average of $2,579 annually, Progressive is the most expensive insurer.
CHEAPEST CAR INSURANCE WITH AN AT-FAULT ACCIDENT
Cheapest Car Insurance in Missouri for Drivers With Bad Credit
Poor credit scores cause a spike in car insurance costs in Missouri. The average cost for drivers with a good score in Missouri is $1,301, while drivers with poor credit scores pay an average of $2,264.
On average, the car insurance providers that offer the best full coverage rates for drivers with poor credit scores are:
- Allied: $1,351 per year
- Allstate: $1,455 per year
For military families, USAA offers the lowest rates for Missouri drivers with bad credit, averaging $835 annually. AAA is the most expensive option and charges around $4,935 annually.
CHEAPEST CAR INSURANCE RATES FOR DRIVERS WITH BAD CREDIT
Insurers use your credit report to determine how likely you are to make a claim. Generally, drivers with lower credit scores file more insurance claims.
Fortunately, you can get affordable car insurance even if you have a bad credit score. For people with bad credit, taking the time to compare quotes could save you $3,548 per year.
Additionally, taking steps to improve your credit score will lower your rates and help you achieve other financial goals.
Cheapest Car Insurance in Missouri for Military Drivers
In Missouri, USAA is the most affordable auto insurance provider at roughly $189 annually, which is around $248 less than the second most affordable insurer in the state. USAA is recognized for serving only active-duty military, veterans and their families and for providing benefits tailored to these groups.
- Average rate: $189 per year
- Ranks the cheapest out of 11 insurers
For military personnel and their families, USAA has the lowest prices, averaging $189 annually for minimum liability car insurance. It has a strong track record in terms of financial stability, customer satisfaction, affordability and complaint resolution. Eligible policyholders can take advantage of USAA's numerous discounts to save even more, such as the simple strategies to cut your premiums and make car insurance cheaper. These include bundling, maintaining a clean driving record and taking a driver safety course.
Cheapest Car Insurance in Missouri by City
The car insurance costs in Missouri change depending on where you live in the state. MoneyGeek’s data shows that St. Louis is the most expensive city for a car insurance policy; it has an average annual premium of $1,490. Columbia has the cheapest car insurance policies in Missouri at an average cost of $1,037 per year. These averages are for a full coverage policy.
Click your city to find out more information about car insurance rates.
AVERAGE INSURANCE RATE BY CITY IN MISSOURI
Car Insurance in Missouri: What You Need to Know
Missouri requires drivers to register their vehicles with the Missouri Department of Revenue and to carry auto insurance.
Missouri Insurance Requirements
Proof of insurance must be provided when you register or renew a vehicle and when you apply for or renew your driver's license in Missouri. It is also necessary to show proof in the event of an accident or if a law enforcement officer requests it. The proof of insurance can be presented through a physical card or digitally, such as via a smartphone.
Minimum coverage policies in Missouri are the cheapest and have the following requirements:
- $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
Uninsured motorist coverage is also required for Missouri drivers:
- $25,000 for bodily injury per person
- $50,000 for bodily injury per accident
The following three alternatives provide you with the option to drive without car insurance in Missouri:
- 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 the property is in. At least two property owners must own $150,000 worth of real estate.
- Cash or Securities Deposit: You must provide a cash deposit, certificate of deposit or stock/bond certificates worth at least $75,000.
Missouri drivers are required to maintain minimum coverage insurance. However, this may not be enough to cover accident costs. Insurance experts recommend a liability policy of $100,000/$300,000 for injuries. New or valuable cars might also benefit from collision or comprehensive coverage.
FAQs About Car Insurance in Missouri
Cost and coverage limits are the main topics discussed in car insurance questions within Missouri. Here are some of the common questions within the state.
Expert Advice on Finding Cheap Car Insurance in Missouri
To help you find credible and accurate insight on car insurance in Missouri, MoneyGeek received expert advice from trusted professionals. The perspectives and opinions expressed are those of the individual contributor.
- How does the Missouri Department of Commerce and Insurance act as a resource for consumers in regard to auto insurance? And home insurance?
- What are the key factors drivers in Missouri should look for when searching for the best auto insurance coverage?
- What steps can drivers in Missouri take to find affordable car insurance?
- What resources does the Missouri Department of Commerce and Insurance have for consumers?
Director of the Consumer Affairs Division for the Missouri Department of Commerce and Insurance
Associate Professor & Director of the Financial Planning Program at Missouri State University
Floyd R. Gibson Missouri Endowed Professor Emeritus of Law at The University of Missouri
About the Author
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