In Missouri, full coverage auto insurance costs an average of $1,661 per year, according to Bankrate’s 2021 study of annual quoted premiums. According to the Federal Highway Administration, as of 2019, the state of Missouri had more than 4,274,000 licensed drivers. And though Missouri roads saw decreased traffic in 2020, fatalities actually increased 12% from the previous year. A majority of these incidents resulted from poor decisions according to the Missouri Department of Transportation, such as speeding or distracted driving. While even the best car insurance in Missouri cannot prevent injuries or fatalities from happening, it does help provide financial backing so that they are not expensed fully out of pocket.
There are dozens of car insurance companies across the nation and even a few that are localized in certain states. Sifting through the market to find the right one for you can be challenging. To help reduce the noise, Bankrate’s insurance editorial team analyzed the largest insurance carriers by market share in the state. Our research might help you find a policy that fits your needs and budget.
Best car insurance companies in Missouri
When shopping for car insurance, Missouri drivers may want to think about several aspects of their needs. To help make the process easier, Bankrate has analyzed average premium information, obtained from Quadrant Information Services, for the largest insurance carriers in Missouri. We combined the premium data with our research about coverages, discounts, policy features, customer satisfaction scores and financial strength scores to assign each company a Bankrate Score. The closer the score is to 5.0, the more highly the company scored in the ranking categories.
If you are looking for the best auto insurance in Missouri, you might want to start with quotes from these companies:
|Car insurance company||Bankrate Score||Average annual full coverage premium||J.D. Power customer satisfaction score|
|Geico||4.6||$1,713||871 / 1,000|
|State Farm||4.4||$1,642||881 / 1,000|
|Progressive||4.1||$1,386||856 / 1,000|
|American Family||3.7||$1,312||862 / 1,000|
Geico’s auto insurance coverage is relatively basic with only a few options for optimization, but the company might make up for that with its long list of discounts. You could save for being a member of the military, a federal employee, a good student or a member of several groups, such as alumni organizations. If you like to handle your policy digitally, Geico might be a good option. The company recently received the highest ranking in the service category in J.D. Power’s 2021 U.S. Insurance Digital Experience Study.
Learn more: Geico Insurance review
With State Farm, you can find agents in more than 80 locations across Missouri. If that sounds overwhelming, take heart: it is not difficult to find an agent near you. You can use the company’s online tool or even its Amazon Alexa skill. If customer service is a priority for you, note that State Farm received the highest J.D. Power customer satisfaction score of the companies on our list.
Learn more: State Farm Insurance review
Progressive offers the second-lowest premium on our list, but the company also received a below-industry average customer service rating from J.D. Power. . The company stands out for its long list of discounts and digital tools. The Name Your Price tool is one of the most well known. Rather than pricing different coverage levels individually, you instead start by inputting what you can afford to pay, and the tool populates several coverage options that fit your budget.
Learn more: Progressive Insurance review
If your priority is finding the cheapest auto insurance, you might want to get a quote from American Family. The company has the lowest average premium on our list, and it is far lower than the state’s average. But the lower premium does not mean the company skimps on coverage. In addition to standard options, you may be able to add endorsements like roadside assistance, car rental reimbursement and accidental death and dismemberment. The company also has several discounts that could lower your premium even more.
Learn more: American Family Insurance review
Average car insurance cost in Missouri
The average cost of full coverage car insurance in Missouri is $1,661 annually, which is slightly below the national average of $1,674. Compared to neighboring state Illinois, which has an average annual full coverage premium of $1,485, Missouri drivers pay slightly more for car insurance.
However, car insurance rates are extremely personalized and can be more or less than state averages based on your vehicle type, the number of drivers on your policy and your credit score, among other factors.
|Average annual premium for minimum coverage in Missouri||Average annual premium for full coverage in Missouri|
State minimum insurance requirements in Missouri
- $25,000 bodily injury per person
- $50,000 bodily injury per accident
- $10,000 property damage
- $25,000 uninsured motorist bodily injury per person
- $50,000 uninsured motorist bodily injury per accident
While these minimum limits may mean that you pay among the lowest average premiums, they could leave you exposed to hefty out-of-pocket expenses in an accident. Most insurance professionals recommend that you purchase higher liability limits.
Additionally, minimum limits do not include comprehensive or collision coverages, which provide coverage for damage to your own vehicle. To get these, you will need to purchase full coverage. If you have a loan or lease on your vehicle, you are likely required to carry full coverage as a condition of the financing.
How to get the best car insurance in Missouri
The best car insurance in Missouri will depend on your own unique situation as well as your wants and needs. To find the best auto insurance for you, you may want to:
- Evaluate your needs: Do you have a strict budget to follow? Do you have a teen driver to insure? Are you seeking a company with a strong mobile app? Do you have a clean driving record, or have you been in a few accidents or gotten some tickets? Once you know what is important to you and how your rating factors stack up, you can get quotes from several companies to see who can best fit your needs.
- Consider state factors: In addition to having minimum coverage requirements, each state has its own unique insurance considerations. If your area is prone to deer, adding comprehensive coverage to protect your finances if you hit an animal might be a good idea. Additionally, an estimated 16% of Missouri drivers are uninsured. Purchasing higher-than-required uninsured motorist coverage could be a good idea.
If you are not sure what coverages you should purchase, working with a licensed agent might be a good idea. An agent can review your situation and work to help you find the coverages that are right for you.
Car insurance discounts in Missouri
Missouri insurance companies offer a wide variety of policy discounts. Although discounts will vary by company, some common ones are:
- Multiple vehicles: If you have more than one vehicle on your car insurance policy, you may be able to get a discount on your premium.
- Multiple policy: Like the multi-car discount, you may find a better deal on your insurance quote if you bundle your home and car insurance policies. Some providers offer this discount for other product lines as well, like pet, life or business insurance.
- Accident-free: Many car insurance carriers offer discounts for safe drivers who have gone at least three years without an accident.
- Good student: Students who maintain a “B” average or a 3.0 or higher GPA often qualify for a discount in Missouri.
- Paid-in-full: Drivers who can pay their insurance premium in full may be eligible for a discount, depending on the insurance company.
Not all companies offer the same discounts, and every company will have its own regulations and guidelines. Talking with a representative might be the best way to determine what savings you qualify for.
Frequently asked questions
What is the best car insurance in Missouri?
The best car insurance in Missouri is going to depend on what you want and need from a policy, as well as how each company weighs your individual rating factors. Knowing what you are looking for — which could be things like the lowest price, stellar customer service, a digital app or specialty coverages — might help you identify which companies can fit your needs. You can then get quotes from several of these companies to see which is the best fit.
Am I required to carry car insurance in the state of Missouri?
Yes, in order to legally own and operate a vehicle in Missouri, you must at least the state minimum car insurance coverage, which is $25,000 bodily injury per person, $50,000 bodily injury per accident and $10,000 for property damage. 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 proof that you can pay for damages that you cause.
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.
These are sample rates and should only be used for comparative purposes.
Bankrate Scores primarily reflect a weighted rank of industry standard ratings for financial strength (AM Best, S&P, Moody’s) and customer experience (J.D. Power, NAIC), in addition to average quoted rates from Quadrant Information Services. The J.D. Power studies utilized include the 2020 Auto Insurance Study and the 2020 Auto Claims Study. Our Bankrate editorial team’s extensive research and analysis provided a secondary assessment of each insurer’s online and mobile resources and policy management options, which also contributed to overall ratings.