Best car insurance in Missouri for 2023

Bankrate utilizes Quadrant Information Services to analyze 2023 rates for ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. 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 2021 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.

Our 2023 Bankrate Score considers variables our insurance editorial team determined impacts policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s product availability, financial strength ratings, online capabilities and customer and claims support accessibility. Each factor was added to a category, and these categories were weighted in a tiered approach to analyze how companies perform in key customer-impacting categories. 

Like our previous Bankrate Scores, each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. This year, our 2023 scoring model provides a more comprehensive view, indicating when companies excel across several key areas and better highlighting where they fall short.

• Tier 1 (Cost & ratings): To determine how well auto and home insurance companies satisfy these priorities, 2023 quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best and the NAIC, were analyzed.
• Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated each company’s discount options listed on its website.
• Tier 3 (Support): To encompass the many ways an auto insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored a company’s corporate sustainability efforts.

The best car insurance in Missouri depends on what you want and need from a policy, as well as how each company weighs against your rating factors. Knowing what you are looking for — which could be the lowest price, stellar customer service, a digital app or specialty coverage — might help you identify which companies can meet your needs. You can then get quotes from several of these companies to see which is the best fit.

Yes, in order to legally operate a vehicle in Missouri, you must purchase at least the state minimum car insurance coverage, which is $25,000 bodily injury per person, $50,000 bodily injury per accident and $25,000 for property damage. Uninsured motorist bodily injury is also required, at $25,000 per person and $50,000 per accident. The only way to avoid carrying an insurance policy in Missouri is by filing the Proof of Financial Responsibility form, which proves that you have provided other evidence that you can pay for damages that you may cause.

Bankrate reviewed several regional and national carriers for the cheapest car insurance in Missouri and found USAA, Progressive and Geico to offer some of the lowest Missouri car insurance rates. Keep in mind that while these are the least expensive average rates from Bankrate’s analysis, your exact rates could be more or less depending on your circumstances.

Generally, car insurance follows the car in every state, including Missouri. If you lend your vehicle to a friend and they cause an accident, your carrier may cover the claim, depending on your policy. If your company does cover the claim, the accident will usually impact your premium and will be listed as a lending loss on your comprehensive loss underwriting exchange (CLUE) report. If the accident is severe enough that the damages exceed your policy limits, your friend’s insurance may trigger to cover the remainder (up to the limits they carry on their policy). That is, of course, assuming they have insurance. You may want to contact your agent for specifics to ensure you are adequately covered.