Insure yourself in Missouri
Missouri is ranked 18th in the nation in population, but 21st for total land area. The state counts the Mississippi River as its eastern border.
Its low population density helps to maintain the cheap insurance Missouri is known for.
Average monthly car insurance premiums are just a tad over $100. That’s only half of what people pay in some of the eastern states!
Every state has its own quirks and facts. Did you know the first parachute jump took place in Missouri? Being the birthplace of Mark Twain might help explain the great sense of humor of Missouri residents. There is a great deal of pride to be found among Missourians. And no wonder, considering all the great barbecue and beer that helped make the state famous!
If you’re considering a visit, or just a weekend road trip, make sure you’re up-to-date on the local laws and regulations. From the Ozarks to wine country, river tours to spelunking, Missouri has a ton to offer.
Missouri Facts
- There are around 2.3 million cars registered in Missouri.
- The average car insurance premium is $1,200/year. This comes out to a little over a hundred bucks per month.
- Uninsured drivers cost law-abiding residents almost $90 million per year.
- Getting into an accident without insurance in Missouri means you forfeit any claims to damage to your own property. You will also face higher insurance rates, license suspension, or even jail time!
- Kansas City has more boulevard miles than Paris, and more fountains than any city except Rome!
- Cost of living is around 9% cheaper than the national average, giving Missouri residents a lot of extra cash!
Car Insurance
There are plenty of tips for finding car insurance in every state. The first and best tip is to contact a good insurance broker. They usually have access to multiple products and companies. Most will take your basic info first, then narrow down any possible discounts. This info includes your driving habits and “points” on your record (accidents or traffic violations). Every fact about you can effect your monthly rates, including:
- Your age. The older you are the cheaper your insurance rates usually get. This is because companies take your driving experience into consideration. Younger drivers just don’t have as much experience. Remember when you were 16?
- Years of coverage. If you’ve had continuous coverage for years, insurance companies will sometimes lower your rates. Especially if you haven’t filed any claims. They will consider you a “good risk.”
- Your car. Sports cars and some SUVs can cost more to insure. Luxury cars are also more expensive. This is usually because it costs the insurance company more to replace if it’s a total loss.
- Commute miles. Drivers with longer commutes usually pay more. That’s more time on the road and an increased accident risk.
- Zip code. Dense urban areas are a higher risk for insurers. Just because there are more cars on the road.
Missouri Car Insurance Requirements
- Bodily Injury (BI) Liability coverage of $25,000 per person, per accident.
- Minimum BI coverage limit of $50,000 per accident. This can cover multiple people.
- Property damage liability of $10,000 per accident. Covers damage to someone else’s vehicle or property.
Recommended Coverage
While “full coverage” isn’t required in Missouri, it helps to know what it is. The mandatory requirements only cover damage you cause. This means anything of yours that is damaged isn’t automatically covered. “Full coverage” isn’t an official insurance term, but it generally means you are paying to protect your property as well.
Here are some added coverages that can help protect you and your car:
- Comprehensive coverage will protect your car for any non-collision damage. For example, if your neighborhood floods or a tree falls on your car.
- Collision coverage provides insurance for damage to your car if the accident is your fault. This usually comes with a deductible, but extends to full replacement if your car is “totalled.”
- Rental car coverage reimburses you if you have to rent a car while yours is in the shop. Or while you are shopping for a new car after a total loss.
- Towing or roadside assistance ranges in coverage, depending on your insurance company. Sometimes it’s a reimbursement package, meaning you get paid back by your insurance company. Other times the tow truck or assistance company will bill your insurance company directly.
- Uninsured Motorist coverage protects you if you are hit by a driver without their own coverage.
- Some insurance providers will offer windshield repair or replacement at no added cost!
Get the cheap car insurance Missouri residents are already enjoying!
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