Missouri Car Insurance
Missouri has thousands of miles of roadway, and the number of licensed drivers in the state would surprise many people. With thousands of accidents happening in Missouri, like every other state, it can be a huge benefit to have an automobile insurance policy. Even if you do not get into an accident, the state of Missouri has car insurance laws that require people who have vehicles registered in the state to carry a minimum amount of insurance coverage.
Auto Insurance Requirements In Missouri
The minimum requirements for automobile insurance in the state of Missouri include $25,000 of bodily injury protection per person per accident, bodily injury insurance coverage for all persons per accident, property damage liability coverage in the amount of $10,000 minimum per accident, and $25,000 per person per accident, as well as $50,000 for all persons per accident and uninsured motorist coverage.
The state of Missouri does not require people to carry personal liability insurance or other types of insurance coverage. People do, however, decide to purchase other insurance types in order to protect themselves further if an accident occurs. Other types of insurance that people consider include collision insurance coverage, comprehensive insurance coverage, and lease gap insurance coverage.
Average Cost Of Coverage In Missouri
Drivers need to do the research before purchasing car insurance policies, no matter what state they are living in. People in Missouri, on average, pay lower rates than the national average for car insurance premiums.
Even so, the company a person chooses can have a drastic effect on their automobile insurance plan premiums, making it important to do research to find the best company for you. People should also consider how the company does in terms of customer service, as well as their financial strength.
To get a rate that is better than the national average, people need to shop around. Many other variables affect this as well, so making sure that you are maintaining a good driving record and taking advantage of all of the discounts you can get on car insurance is also a huge benefit.
Cheapest Car Insurance Companies In Missouri
The cheapest auto insurance providers in Missouri include Farmers, Electric, Auto-Owners, American Family, and Missouri Farm Bureau. Other companies should also be in consideration, as each car insurance provider uses a different formula to determine rates. Due to automobile insurance companies utilizing statistics in order to help determine rates, some cities are more expensive than others to get car insurance policies in.
Many people decide where they want to live based on a number of variables as well, and some consider the cost of insurance in the area they are looking to move to.
Cheapest Car Insurance In Missouri By City
The least expensive places to get car insurance in Missouri include smaller cities like Columbia, St. Joseph, O’Fallon, and Springfield. Drivers in these cities may be statistically less likely to file claims, providing less risk for car insurance companies to insure.
Most Expensive Car Insurance In Missouri By City
On the other end of the spectrum, cities like St. Louis, Kansas City, and Independence are on the more expensive places to purchase car insurance policies. Keeping a good driving record and seeking out companies that give discounts to help you save can lead to spending less money overall. Discounts that people can seek out include multi-policy discounts, good driver discounts, pay in full discounts, safety feature discounts, and there are many others as well.
Laws, Rules And Penalties In Missouri
There are rules and requirements that need to be met if you are a driver in Missouri. It is illegal to drive without an auto insurance policy on your vehicle, and you can be fined up to $300, put in jail, have your license suspended, and have points added to your driver’s license for each violation.
When points are added to a person’s driver’s license, it is likely that their car insurance premiums will go up. This can create additional expenses that are outside of specific penalties and fees.
How To Save Money On Car Insurance In Missouri
Saving money on auto insurance in Missouri starts with comparison-shopping. Using the free quotes available on this website, you can select both a company and policy that best suits your needs. Having car insurance protection helps people save massive amounts of money every year. For people who are involved in an accident, their car insurance policy can protect their finances and lifestyle.
People should also take a look at other ways to save. By taking advantage of all of the discounts available to them, drivers can save even more money on their auto insurance plans. In addition, maintaining a good driving record can also help people keep their rates low.