Average cost of car insurance in Missouri for 2021

1
larrybraunphotography.com/Getty Images
Bankrate Logo

Why you can trust Bankrate

While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for . This content is powered by HomeInsurance.com (NPN: 8781838). For more information, please see our

You have many options when shopping for car insurance in the Show-Me State. Missouri car insurance rates are competitive due to the number of auto insurance companies that operate in the state. Bankrate’s findings of the average cost of car insurance in Missouri are $468 per year for minimum coverage and $1,661 for full car insurance.

How much is car insurance in Missouri?

It is difficult to give an accurate price on Missouri auto insurance rates. Many factors can affect pricing. However, providing average car insurance rates in Missouri by sampling a large number of state quotes could at least give you a ballpark idea of how much you would pay for coverage. As mentioned, average car insurance rates in Missouri are $468/$1,661. That is cheaper than the nation’s average cost of insurance of $565/$1,674.

However, your rates may be higher or lower than the state average based on several personal and demographic factors, such as your location, age, the carrier you choose and your driving record.

Missouri car insurance rates by company

The following table shows annual pricing by insurance company. You will find that most of the cheapest car insurance rates on average in Missouri come from smaller, regional carriers. The lowest rates are available through USAA, Columbia, Electric Insurance Company and Missouri Farm Bureau. USAA is the exception — it operates nationwide but is only available to military members and their families.

Getting quotes from more than one insurance company could help you find lower rates if you find providers that offer you a lower cost. You may want to switch carriers if you can save a significant amount of money on your premiums.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
AAA $617 $2,011
Allstate $501 $1,528
American Family $617 $1,312
Columbia $257 $1,688
Electric Insurance Company $374 $1,965
Farmers $469 $1,320
Geico $446 $1,713
Kemper $758 $3,683
MetLife $745 $2,765
Missouri Farm Bureau $335 $1,504
Progressive $425 $1,386
Safe Auto $631 $2,154
Shelter $634 $1,923
State Farm $470 $1,642
USAA $277 $988

Missouri car insurance rates by city

Your ZIP code may also affect how much you pay to insure your vehicle. See how your area compares in the table listing the top 20 largest cities in Missouri, based on population.

City Average annual premium for full coverage % increase in average annual premium
Kansas City $1,857 12%
St. Louis $2,277 37%
Springfield $1,573 -5%
Columbia $1,501 -10%
Independence $1,729 4%
St. Charles $1,590 -4%
Lee’s Summit $1,603 -4%
St. Peters $1,579 -5%
St. Joseph $1,577 -5%
O’Fallon $1,572 -5%
Florissant $1,990 20%
Jefferson City $1,433 -14%
Joplin $1,499 -10%
Ballwin $1,693 2%
Blue Springs $1,608 -3%
Cape Girardeau $1,605 -3%
Chesterfield $1,700 2%
Fenton $1,713 3%
Sedalia $1,490 -10%
Oakville $1,824 10%

Missouri car insurance rates by age

The unfortunate reality of being a young driver in the state of Missouri means you may pay more for car insurance than even someone with a DUI or recent accident. Most insurance companies see younger, inexperienced drivers as risky to insure. Therefore, they will pass on the risk by charging more to insure you. Teen drivers are hit the hardest, seeing premiums that may be double or more than a 30-year-old’s.

To save on coverage, consider adding your vehicle to a parental policy or taking advantage of discounts offered by carriers, such as good student or defensive driver course completion discounts.

Age Average annual premium in Missouri
Age 16* $2,387
Age 18 $5,053
Age 20 $984
Age 25 $2,109
Age 30 $1,897
Age 40 $1,769
Age 50 $1,591
Age 60 $420
Age 70 $1,657

*16 year old calculated on parent’s policy disclosure

Missouri car insurance rates by driving record

Safe drivers benefit from the lowest insurance rates in the state. It all comes down to risk — insurance companies tend to charge more to drivers who are at a higher risk for causing accidents and serious injuries.

While a previous accident or driving under the influence conviction are reasonable explanations for a jump in car insurance rates, a single speeding ticket can also sharply raise your car insurance premiums. That is because insurers see speeding as risky behavior that can lead to serious traffic accidents.

Driving incident Average annual full coverage premium in Missouri % increase of average annual premium
Speeding ticket $1,959 17.94%
Accident $2,235 34.55%
DUI $2,714 63.39%

How to save on car insurance in Missouri

You may not be able to do much about your age (other than to take advantage of age-related discounts) but you can save further on your car insurance in a few different ways:

  • Enroll in accident forgiveness: Some carriers offer to dismiss one accident or claim from your record every few years. Doing so could stop your car insurance rates from going up an average of 34.55%/
  • Take a defensive driving course: Passing an approved online driving safety course can earn you a discount on your car insurance. Most courses can be completed over a few hours or a weekend and are relatively affordable, making them a worthwhile investment.
  • Enroll in your insurance company’s telematics programs: More carriers are offering a program that discounts your car insurance premiums based on your driving habits. You typically need to download a mobile app that tracks your mileage and speed driven to determine how safely you drive. You may receive reductions on your car insurance based on good driving.
  • Bundle coverage: If you need home or renters insurance as well, buying car and home coverage could earn you a nice discount on both.

Frequently asked questions

How much is car insurance in Missouri per month?

Average car insurance rates in Missouri are $468 for minimum and $1,661 for full insurance. Based on the annual averages, your monthly premiums may be between $39 and $138, depending on your level of coverage.

How much insurance do I need in Missouri?

The state requires all drivers to have at least 25/50/10 in liability and 25/50 in uninsured motorist insurance. That amounts to:

  • For bodily injury liability and uninsured motorist coverage: $25,000 per person and $50,000 per accident
  • Property damage liability: $10,000 per accident

What company has the cheapest car insurance rates in Missouri?

Bankrate found that smaller, local carriers offer cheaper car insurance in Missouri than the well-known national brands, but your rate will depend on personal characteristics. Get several quotes to have a better idea of which providers may offer lower rates to you.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.

Age: Rates were calculated by evaluating our base profile with the ages 18-60 (base: 40 years) applied.

Incident: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.

Written by
Cynthia Paez Bowman
Personal Finance Contributor
Cynthia Paez Bowman is a finance and business journalist who has been featured in Bankrate, Business Jet Traveler, MSN, CheatSheet.com, Freshome.com and TheSimpleDollar.com. She regularly travels to Africa and the Middle East to consult with women’s NGOs about small business development and works with select startups and women-owned businesses to provide growth and visibility.