Average cost of car insurance in Missouri in 2024

How much is car insurance in Missouri? 

Missouri car insurance rates average $2,517 per year for full coverage and $653 per year for minimum coverage. The cost of full coverage car insurance in Missouri is well above the national average costs of car insurance, which is $2,314, while minimal coverage is lower than the national average of $644. Your own rate will vary based on a number of factors, including the city you live in and the type of vehicle you drive, as well as your age, gender, driving record, credit rating and more.

We sourced average premium data for drivers in a variety of circumstances from Quadrant Information Services. These can give you a benchmark to consider when you are shopping for your own policy. By comparing quotes from a range of carriers and taking advantage of discount opportunities, you may be able to secure a rate that is below average.

Key takeaways

• On average, Missouri drivers pay 9 percent more than the national average cost of full coverage car insurance and 1 percent more than the national average for minimum coverage.
• The average monthly cost of car insurance in Missouri is $210 for full coverage and $54 for state-mandated minimum coverage.
• 18-year-old males on their own policy have the highest average car insurance premium of any segment we analyzed at $7,241 per year for full coverage.
• A DUI conviction in Missouri raises average full coverage car insurance premiums by 50 percent more.
• Drivers with poor credit pay over 83 percent more per year for full coverage in Missouri than drivers with excellent credit.

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Missouri car insurance rates by city

The average car insurance cost in Missouri varies between cities due to differing claim statistics and costs of living. In more urban areas, like Kansas City and St. Louis, for example, it’s likely that there are more vehicles on the road, which increases the risk of an accident and thus insurance rates. Areas with fewer vehicles or a lower cost of living (which translates to cheaper claims) will generally see lower average rates.

Average car insurance costs by age and gender in Missouri

It’s fairly common knowledge that a driver’s age affects car insurance rates, and this is true in Missouri. Most insurance companies see younger, more inexperienced drivers as more likely to file claims and thus riskier to insure than older drivers. This translates to higher rates. Your premium will likely decrease as you get older and gain more experience on the road, though.

The tables below showcase the average cost of car insurance in Missouri for drivers of varying ages who have clean driving records and are on their own policies (with the exception of the 16-year-olds, who must be added to their parents’ policy).

Cost considerations for young drivers in Missouri

Car insurance is a legal contract, which means that you have to be 18 or older to buy your own policy. Generally, though, it’s cheaper for young drivers to stay on their parents’ or guardians’ policy until they move out and establish their own household. Eighteen-year-olds pay just over 59 percent more per year for full coverage on their own policy versus their parents’ policy, for example.

How does driving record impact the cost of car insurance in Missouri?

Having driving incidents like a speeding ticket conviction, at-fault accident or DUI conviction on your record generally leads to higher insurance premiums. This may also be the case if you are caught driving without insurance, which can lead to multiple penalties including higher insurance costs. Conversely, safe drivers usually benefit from some of the lowest insurance rates in the state. It all comes down to risk. Car insurance companies tend to charge more for drivers who are at a higher risk of causing accidents and serious injuries.

The table below shows average premiums in Missouri after various driving incidents and highlights how much they increased compared to the state average for drivers with clean records.

Car insurance rates in Missouri by credit score

Missouri, like most states, allows the use of your credit tier as a car insurance rating factor. Drivers with low credit scores are viewed as more likely to file claims and pay higher average rates as a result. In Missouri, drivers with poor credit pay 77 percent more than the state average for full coverage, while drivers with excellent credit pay 3 percent less than those with average credit.

Missouri car insurance rates by vehicle type

Your vehicle type has a significant impact on your car insurance cost. Vehicle makes and models that cost more to repair or replace or have a higher statistical likelihood of accidents are likely to cost more. In Missouri, a BMW 330i costs $3,327 per year on average to insure, while a Ford F-150 costs $2,474 per year. If you’re in the market for a different car, getting quotes may help you better understand your insurance costs before committing.

Estimate your car insurance cost in Missouri

The price you pay for your policy is likely to vary from the average and will be based on multiple factors specific to your situation. Bankrate's handy calculator tool below can help give you a benchmark that you can keep in mind when shopping. It may not be exact, but it will generally fall within the range of what you are likely to pay.

How to save on car insurance in Missouri

Some rating factors, like your age, are out of your control. But there are ways to lower your Missouri car insurance rates if you need to find a cheaper policy:

• Enroll in accident forgiveness: Some carriers will dismiss one accident or claim from your record every few years if you have accident forgiveness on your policy. Doing so could help you maintain more steady rates after an accident.
• Take a defensive driving course: Passing an approved driving safety course may earn you a discount on your car insurance. Just make sure you talk with your insurer before committing to a course to make sure it’s approved. A defensive driving course can be especially beneficial if you are considered a high-risk driver or if you are a driver who is required to carry SR-22 insurance.
• Enroll in telematics programs: More carriers are offering telematics programs that can potentially discount your car insurance premiums based on your driving habits. You typically need to download a mobile app that tracks metrics like hard brakes and the times of day you’re on the road to determine how safely you drive.
• Bundle your coverage: If you need home, condo or renters insurance as well, purchasing multiple insurance products from the same provider could earn you a discount.

Frequently asked questions

Methodology 

Bankrate utilizes Quadrant Information Services to analyze the latest rates in April 2024 for ZIP codes and carriers in all 50 states and Washington, D.C. Rates include the most recent approved rate changes filed by insurance companies that affect our profile. These revised rates are then weighted based on the population density in each geographic region so that policyholders can see the impact rates have in their areas. 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 coverage that meets each state’s requirements. Our base profile drivers own a 2022 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should only be used for comparative purposes.

Credit-based insurance scores: Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. Four states prohibit or limit the use of credit as a rating factor in determining auto insurance rates: California, Hawaii, Massachusetts and Michigan.

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

Model: To determine cost by vehicle type, we evaluated our base profile with the following vehicles applied: BMW 330i, Ford F-150, Honda Odyssey, Toyota Prius and Toyota Camry (base).

Age: Rates were calculated by evaluating our base profile with the ages 16-70 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations.

Gender: The following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, North Carolina, Pennsylvania.

Teens: Rates were determined by adding a 16- or 17-year-old teen to their 40-year-old married parents' policy. The rates displayed reflect the total cost of a driver this age added to their parents’ policy unless otherwise noted.