2021 Greatest Low cost Auto Insurance in Missouri – Motley Idiot

Missouri is serious about its auto laws. The last thing a driver wants to do is get stopped without proper auto insurance, especially if they are in an accident. For anyone looking to drive legally but on a budget, the best thing to do is to browse the cheapest auto insurances. Here we scoured auto insurance carriers to find the best Missouri auto insurance with cheap options.

  • Cheapest for typical drivers: USAA
  • Cheapest for military personnel: USAA
  • Cheapest for young drivers: USAA
  • Cheapest for older drivers: USAA
  • Most affordable for drivers looking for minimum coverage: USAA

Cheapest for typical drivers

When it comes to cheap auto insurance in Missouri, USAA is the clear winner – across the board. With an average annual rate of $ 933, the USAA leaves most insurers in the dust. Since USAA is only available to members of the military and their families, the next best options are:

  • Progressive, with an average annual rate of $ 1,405
  • State Farm, with an average price of $ 1,433
  • Nationwide, with a relatively competitive price of $ 1,589

Cheapest for military personnel

One small way for Missouri auto insurance carriers to thank service members and their families for their sacrifices is to offer them a break from their auto insurance. Once again, the USAA is offering the cheapest auto insurance in Missouri at an annual rate of $ 980 for service members and their families.

Since not everyone qualifies for a USAA policy, here are some other insurance companies with affordable rates:

  • Progressive, at a rate of $ 1,256
  • State Farm at an average annual rate of $ 1,433
  • Nationwide with an average price of $ 1,600

Cheapest for young drivers

There's no denying that insurers are charging more to cover teenagers and young drivers. As high as the following premiums may seem, they are far lower than many insurance companies. One of the best auto insurance companies in Missouri for young, inexperienced drivers is again USAA. USAA offers teenagers an average annual rate of $ 2,016.

Though more expensive than USAA, these three airlines still beat the rest of the pack:

  • State Farm at an annualized rate of $ 3,483
  • Nationwide, at a rate of $ 4,355
  • American Family with an average annual price of $ 4,367

Cheapest for older drivers

One benefit of getting older is that you have years of driving experience. Because of this, seniors are offered some of the cheapest car insurance rates in Missouri. Once again USAA is one of the best insurance companies in Missouri. Current and former service members (over a certain age) can earn a rate close to $ 980 annually.

Other contenders for cheap car insurance are:

  • Progressive, with an average annual rate of $ 1,189
  • State Farm at a competitive annual price of $ 1,274
  • Nationwide and rounds off the top 4 at an average annual rate of $ 1,333

Most affordable for drivers looking for minimal coverage

At the very least, drivers should have a state-prescribed minimum insurance. It won't fix your car if you are in an accident, but it can prevent you from being sued if you are in an accident. Drivers looking for affordable liability insurance in Missouri have four competitive options. The first is USAA with an average annual rate of $ 267.

Those who don't qualify for USAA coverage still have three worthy options. They are:

  • Farm Bureau Town & Country, at an average annual rate of $ 411
  • Progressive, offers a low price of $ 425
  • State Farm, also in play at an average rate of $ 450

Average Missouri Auto Insurance Costs Compared to the National Average

The average Missouri auto insurance rate is exactly the same as the national average auto rate: $ 2,646.

Car Insurance Laws in Missouri

Missouri auto insurance laws are serious business. If a driver is stopped and unable to provide proof of insurance, they will face one of the following penalties depending on why they were stopped:

  • Four points that are assessed on the basis of their driving record
  • Order of supervision against the driver entered to ensure that liability insurance is taken out and remains up to date. The court will likely order an SR-22, a form provided by an insurance company that will serve as evidence that the driver is insured. The driver is responsible for paying the additional fee associated with the SR-22.
  • The court can suspend their driving privileges and order the driver to pay fees between $ 20 and $ 400.

Missouri Minimum Coverage Requirements

Drivers seeking minimum vehicle insurance in Missouri must have the following with them:

  • $ 25,000 in personal injury or death
  • $ 50,000 total liability for personal injury or death
  • $ 10,000 property damage
  • $ 25,000 per person and $ 50,000 per accident, uninsured motorist protection

How to Get Cheap Missouri Auto Insurance

The aim is to get the insurance with the highest coverage at the lowest price. Drivers can help themselves by paying attention to the following:

Driving report

Insurance companies seem to believe that looking into the past is the best way to predict the future. That's why they take driving records into account when specifying a premium price. The cleaner the record, the lower the premium. One of the easiest ways for a driver to get a cheap quote on car insurance is to keep their driving records clean.

credit-worthiness

Studies show that drivers with high credit ratings tend to make fewer insurance claims. And that's why an insurance carrier checks a driver's creditworthiness before declaring a premium. Put simply: the higher the credit rating, the lower the premium. Any driver whose creditworthiness makes it difficult to get a low annual insurance premium may want to focus on improving their score so they can take advantage of lower rates.

Discounts

As drivers think, "How much is car insurance in Missouri?" You are probably wondering if there are any ways to keep the annual premium down. There is. Insurance companies offer a variety of discounts on car insurance. Here are some of the most popular:

  • Good student discount
  • Defensive driver discount
  • Deposit discount
  • Outside of school discount
  • Professional discount
  • Alumni discount
  • Discount for professional organizations
  • Discount on security features
  • Usage-dependent discount
  • Discount for multiple cars
  • Discount for multiple policies
  • New car discount

Other things to consider when looking for auto insurance in Missouri

The Insurance Information Institute estimates that one in six drivers in Missouri drive without insurance. When comparing car insurance offerings in Missouri, drivers should carefully consider which company offers the highest coverage at the lowest price. And since 1 in 6 drivers drive without insurance, they should pay close attention to the amount of uninsured drivers available to them.

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