Cheapest Car Insurance In Missouri For 2024

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Written by Bob Phillips
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Finding affordable car insurance in Missouri can be a challenge, but there are viable options. Progressive stands out with competitive rates and reliable service, offering coverage ranging from basic to comprehensive. With the cost of living on the rise and numerous options available, it’s essential to secure car insurance that aligns with your budget and needs.

Whether you’re a novice driver, a daily commuter, or a family aiming to cut insurance expenses, understanding the factors that impact your premiums and where to find the best deals is essential. Leveraging over ten years of research on car insurance policies, I’ve compiled insights to help you navigate this intricate market.

This guide delves into the specifics of car insurance in Missouri, examines the factors influencing prices, and provides practical advice on securing affordable coverage without sacrificing protection. Let’s initiate this journey to savings and unveil strategies for acquiring the cheapest car insurance in Missouri.

Cheapest Car Insurance Companies In Missouri

Cheapest Car Insurance, Missouri, 2024

Our Methodology

In my research, I methodically collected and analyzed information about different auto insurance companies and the services they offer. I started by identifying crucial factors to examine, such as the types of coverage available, pricing information, customer satisfaction levels, and the financial strength of insurers. Then, I gathered data from reliable sources like insurance company websites, consumer reviews, and industry reports.

After compiling all the data, I organized it and evaluated each insurance provider based on specific criteria, including comparisons of coverage options, pricing structures, discounts, and customer feedback to determine the strengths and weaknesses of each company.

179

Quotes Analyzed

15+

Years Of Industry Experience

55

Brands Reviewed

35+

Research Hours

Cheapest Car Insurance In Missouri For Minimum Coverage

Progressive is recognized in Missouri as the top choice for economical car insurance, with monthly premiums typically starting at $42, making it an attractive option for numerous drivers.

Provider Average Monthly Cost Average Annual Cost

Travelers

$45

$538

Progressive

$42

$501

Shelter

$60

$718

American Family

$45

$538

State Farm

$43

$514

Missouri mandates that drivers maintain a specific level of car insurance to legally operate their vehicles. This basic coverage typically encompasses liability insurance, which comprises two primary components: bodily injury liability and property damage liability.

Bodily injury liability coverage aids in covering medical expenses, rehabilitation costs, and potential legal fees if you cause an accident that injures someone else. Conversely, property damage liability coverage helps with the costs associated with repairing or replacing another person’s vehicle or property if the accident is your fault.

The minimum coverage requirements in Missouri are stipulated by state law and can vary based on factors such as your vehicle type and driving record. It’s essential to carefully examine these requirements and ensure you possess adequate coverage to satisfy legal standards and safeguard yourself financially in case of an accident.

Cheapest Car Insurance In Missouri For Young Drivers

Car insurance costs in Missouri typically decrease for young adults in comparison to teenagers. This is because as individuals mature, they tend to drive more cautiously, leading to a decrease in accidents and insurance expenses. Insurance firms acknowledge this trend and offer reduced premiums to young adults who demonstrate safe driving habits.

Cheapest Missouri Car Insurance For 16-Year-Olds

For teenagers hitting 16, Traveler’s offering insurance at an average of $355 per month, a pretty good deal.

Provider Average Monthly Cost Average Annual Cost
USAA $374 $4,486
State Farm $439 $5,266
Allstate $872 $10,462
Travelers $355 $4,258
Missouri Farm Bureau $360 $4,318

Cheapest Missouri Car Insurance For 17-Year-Olds

USAA stands out with its affordable rates tailored for 17-year-olds, averaging at approximately $262 for insurance.

Provider Average Monthly Cost Average Annual Cost
State Farm $264 $3,166
Allstate $278 $3,334
Travelers $300 $3,598
Missouri Farm Bureau $232 $2,782
USAA $262 $3,142

Cheapest Missouri Car Insurance For 18-Year-Olds

USAA presents insurance options at great prices, specially crafted for 18-year-olds, averaging about $146 monthly.

Provider Average Monthly Cost Average Annual Cost
State Farm $262 $3,142
Allstate $290 $3,478
Travelers $300 $3,598
USAA $146 $1,750
Missouri Farm Bureau $248 $2,974

Cheapest Missouri Car Insurance For 21-Year-Olds

For 21-year-olds, USAA has the cheapest rates, with an average monthly cost of $94.

Provider Average Monthly Cost Average Annual Cost
State Farm $182 $2,182
Travelers $190 $2,278
Allstate $210 $2,518
USAA $94 $1,126
Missouri Farm Bureau $173 $2,074

Cheapest Car Insurance In Missouri For Drivers With Poor Credit

For Missouri motorists dealing with credit challenges, Travelers provides the lowest insurance rates, beginning at approximately $130 a month.

Provider Average Monthly Cost Average Annual Cost

Shelter

$172

$2,062

Allstate

$182

$2,182

GEICO

$292

$3,502

American Family

$135

$1,618

Travelers

$130

$1,558

Your credit score plays a pivotal role in determining your car insurance expenses as it helps insurers assess your risk level. A lower credit score implies a greater likelihood of making claims, which makes you a riskier proposition for insurers.

In Missouri, drivers with poor credit may face higher insurance premiums compared to those with good credit. Insurers consider credit history when setting rates because research suggests a link between credit score and the likelihood of claims. People with poor credit may encounter difficulties in securing affordable insurance but can seek out discounts and compare quotes from different insurers to find more favorable rates.

 

Cheapest Auto Insurance In Missouri For Full Coverage

Travelers gives you the lowest-priced options for full car insurance coverage in Missouri, starting at about $85 per month on average.

Provider Average Monthly Cost Average Annual Cost

State Farm

$114

$1,366

American Family

$87

$1,042

Allstate

$90

$1,078

Travelers

$85

$1,018

Progressive

$110

$1,318

Comprehensive auto insurance in Missouri goes the extra mile in safeguarding drivers and their vehicles. In addition to mandatory liability coverage, it includes collision and comprehensive insurance.

Collision coverage handles repair expenses for your vehicle after an accident, regardless of fault. Meanwhile, comprehensive coverage addresses damages due to theft, vandalism, fire, or natural disasters.

This insurance option offers reassurance by providing extensive financial protection in diverse scenarios, ensuring coverage for both your vehicle and others involved in an accident. It’s essential to carefully review your policy to grasp coverage limits and deductibles for sufficient protection.

Cheapest Auto Insurance In Missouri For Good Drivers

The cost of car insurance in Missouri is influenced by variables such as your driving track record, age, and the specific coverage you desire. Generally, if you have a clean driving record devoid of accidents, you’ll probably secure lower premiums since you’re perceived as less risky by insurers. Moreover, consistently maintaining a good driving record could make you eligible for additional discounts. It’s prudent for cautious drivers to shop around and compare quotes from multiple insurance providers to find the most suitable coverage at a competitive price.

Provider Average Monthly Cost Average Annual Cost

Travelers

$45

$538

Progressive

$42

$501

Shelter

$60

$718

American Family

$45

$538

State Farm

$43

$514

Cheapest Car Insurance In Missouri For Drivers With Prior Incidents

In Missouri, individuals who’ve been in accidents, received speeding tickets, or had DUIs often face difficulties securing inexpensive auto insurance. These occurrences mark them as high-risk drivers to insurance companies, elevating the likelihood of future claims. This challenge is compounded in Missouri due to elevated rates of traffic accidents. Insurers analyze data to establish premiums, acknowledging a relationship between past driving incidents and the likelihood of future claims.

Cheapest Car Insurance In Missouri For Drivers With A Speeding Ticket

Looking for affordable auto insurance? State Farm might be your answer, averaging around $134, making it a top choice, especially for drivers with speeding tickets.

Provider Average Monthly Cost Average Annual Cost
Travelers $194 $2,326
Shelter $175 $2,098
State Farm $134 $1,606
Progressive $210 $2,518
GEICO $306 $3,670

Cheapest Car Insurance In Missouri For Drivers With An At-Fault Accident

State Farm’s insurance package comes at a rate of roughly $145, positioning it as the optimal preference for drivers with prior accidents they’re at fault for. It’s the most wallet-friendly alternative for them.

Provider Average Monthly Cost Average Annual Cost
Allstate $322 $3,862
GEICO $405 $4,858
Progressive $242 $2,902
State Farm $145 $1,738
American Family $220 $2,638

Cheapest Car Insurance In Missouri For Drivers After A DUI

Progressive’s car insurance typically costs about $200, making it the cheapest option for drivers dealing with a DUI.

Provider Average Monthly Cost Average Annual Cost
Progressive $200 $2,398
GEICO $470 $5,638
American Family $225 $2,698
Allstate $305 $3,658
State Farm $275 $3,398

Cheapest Car Insurance In Missouri For Seniors

American Family delivers economical insurance solutions aimed at the older population in Missouri, with starting rates averaging around $70 monthly.

Provider Average Monthly Cost Average Annual Cost

Allstate

$122

$1,462

Travelers

$75

$898

Shelter

$79

$946

State Farm

$100

$1,198

American Family

$70

$838

Older individuals may qualify for decreased car insurance costs because they’re perceived as skilled and prudent drivers, lowering the probability of accidents. Furthermore, as many seniors drive less often, their chances of being involved in accidents and needing to file insurance claims are diminished.

Some insurance providers offer tailored discounts for senior drivers, taking into account factors like age, driving frequency, and participation in safety programs for older drivers. Many insurers incentivize seniors to enroll in defensive driving courses by offering discounts upon completion, with the goal of enhancing driving abilities and promoting safer driving practices among older populations.

 

Average Cost Of Auto Insurance In Missouri – By Age

Age Average Monthly Cost Average Annual Cost
16 $535 $6,418
17 $415 $4,978
18 $362 $4,342
19 $300 $3,598
21 $230 $2,758
25 $172 $2,062
30 $156 $1,870
40 $150 $1,798
50 $137 $1,642
55 $132 $1,582
65 $132 $1,582
75 $154 $1,846

Average Cost Of Car Insurance In Missouri – By Gender & Marital Status

Gender Marital Status Average Annual Cost
Female Single $1,510
Male Single $1,582
Female Married $1,422
Male Married $1,488

Average Cost Of Auto Insurance In Missouri – By Credit Tier

Credit Tier Average Monthly Cost Average Annual Cost
Excellent $128 $1,534
Good $118 $1,414
Poor $174 $2,086

Cheapest Car Insurance In Missouri By City

City Average Monthly Cost Average Annual Cost
Wentzville $148 $1,774
O’Fallon $149 $1,786
St. Charles $150 $1,798
Independence $172 $2,062
Oakville $176 $2,110

Minimum Car Insurance Requirements In Missouri

To drive in Missouri, you must have specific car insurance. It covers injuries and property damage in accidents. The standard is $25,000 for each person’s injury, $50,000 total for injuries in one accident, and $20,000 for property damage in one accident.

Missouri also requires Personal Injury Protection (PIP). This helps with medical bills and lost wages after an accident, regardless of fault. It’s a safety net for your finances.

Alternatively, you can choose “Health Insurance Primary” (HIP). This means your health insurance pays for accident-related medical costs first, instead of PIP. But not all health plans qualify for HIP, so check with your provider.

Car Insurance Discounts In Missouri

When shopping for car insurance, it’s a good idea to seek out companies that offer personalized discounts based on your individual circumstances. Having a conversation with your insurance agent can help you discover potential discounts you may not be utilizing. Most major car insurance companies typically offer the following types of discounts:

Safe Driver Discount: If you have a clean driving record with no accidents or traffic violations, you could qualify for this discount.

Multi-Vehicle Discount: Insuring multiple vehicles under the same policy often results in a discount, which can save you money compared to insuring each vehicle separately.

Bundling Discount: Many companies offer discounts to customers who bundle their car insurance with other policies like home or renters insurance.

Good Student Discount: Students who maintain good grades may be eligible for discounts on their car insurance.

Defensive Driving Course Discount: Completing a defensive driving course can make drivers eligible for discounts on their premiums. These courses teach skills that help drivers avoid accidents and reduce risks on the road.

 

FAQs

How much is car insurance a month in Missouri?

Monthly car insurance rates in Missouri can shift because of factors such as the age of the driver, their driving record, and the specific coverage they choose.

What is the minimum car insurance one must have in Missouri?

Missouri mandates that every car insurance policy must include liability coverage for bodily injuries and property damage, as well as mandatory Personal Injury Protection (PIP) coverage.

Which insurance is better in Missouri?

Selecting the finest insurance firm in Missouri depends on individual preferences, driving patterns, and insurance necessities. It’s advisable to seek quotes from multiple insurers to identify the right fit for your unique situation.

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