Best car insurance companies in Missouri
Of the numerous car insurance companies available in Missouri, a few stand out for competitive rates and overall scores. USAA, State Farm, Geico, Progressive and American Family all offer positive attributes, ranging from high J.D. Power customer service satisfaction ratings to superior financial strength ratings through AM Best and Standard & Poor’s (S&P). Bankrate’s scoring system reviews all of these elements, average rates and more to determine which carrier performs the best. With the highest possible Bankrate Score being 5, each of these carriers have strong performance.
|Car insurance company||Bankrate Score||Average annual full coverage premium||J.D. Power customer satisfaction score
*Not officially ranked with J.D. Power due to eligibility restrictions
USAA received the highest score in the 2021 J.D. Power Auto Insurance Study, which makes sense as customer service is a strong focus for the insurance provider. USAA is only available to military members or veterans and their family members, so the membership requirements may prohibit some drivers in Missouri from eligibility. For those who are eligible, USAA offers the standard lineup of coverage options you would expect. And even though it offers the lowest rates among the carriers reviewed, the discounts are still plentiful too.
Learn more: USAA insurance review
With State Farm, you can find agents in more than 80 locations across Missouri, which means it is not difficult to find an agent near you if that is your preference. You can use the company’s online tool, the Amazon Alexa skill or mobile app if you would rather manage your policy digitally. If customer service is a priority for you, note that State Farm received one of the highest J.D. Power customer satisfaction scores of the companies on our list. However, you might not find all of the discounts you want with State Farm, which could be a financial deciding factor.
Learn more: State Farm insurance review
Geico’s auto insurance coverage is relatively basic with only a few options for personalization, which could be an issue if a driver needs additional features. However, the company offers a tremendous amount of discounts, which might help make up for the lack of coverage options. Savings are available if you are a member of the military, a federal employee, a good student or a member of several groups, such as alumni organizations. If you prefer digital policy management, Geico might be a good option because of its online and mobile app capabilities. The company recently received the highest ranking in the service category in the 2021 J.D. Power U.S. Insurance Digital Experience Study.
Learn more: Geico Insurance review
Progressive offers competitive rates from 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, whether you prefer working online or through the app. The Name Your Price tool continues to remain popular. Rather than pricing different coverage levels individually, you input your budget and the tool populates several coverage options to fit within the parameters.
Progressive, like Geico, does not offer as many personalization options as you might expect from a large insurance provider. However, if you only need standard coverage and would like to add roadside assistance, then Progressive can meet this need.
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 outside of USAA, 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.
American Family also offers a highly-rated mobile app and online quote and policy management system. One drawback to the carrier is it does not offer specialized coverage options, such as sound equipment coverage, but may offer what you need in other categories.
Average car insurance cost in Missouri
The average cost of car insurance in Missouri is $468 for minimum coverage and $1,661 annually for a full coverage policy. The national average for full coverage is $1,674, so Missouri is aligned with the overall cost of insurance in the country. The rates below are from the 2021 quoted annual premiums from Quadrant Information services, but your exact rates could vary depending on personal factors and the carrier you choose.
|Average annual premium for minimum coverage in Missouri||Average annual premium for full coverage in Missouri|
How to find the best car insurance in Missouri
Finding the best auto insurance in Missouri will depend on your needs and financial situation. Once you know the minimum insurance requirements, what your lender requires if you do not own your vehicle and personal coverage needs, you can find the right car insurance company and build the best policy.
Consider minimum insurance requirements in Missouri
Missouri requires drivers to carry minimum liability coverage for bodily injury and property damage. This should be factored in when choosing a policy, as you cannot purchase less than the minimum required amount. Most financial experts agree you should purchase higher limits to provide greater financial protection. If you are unsure about the requirements in Missouri, you can also speak with a licensed insurance agent to ensure you have adequate coverage.
Consider lender requirements
If you lease or finance your vehicle, most lenders require you to carry full coverage with your auto policy, which includes both comprehensive and collision coverage. You may also want to purchase gap insurance, which covers the “gap” between what you owe on a vehicle and the amount the insurance carrier will payout, should your vehicle be totaled in an accident.
Consider your individual needs
Your driving habits and needs should be taken into consideration. For example, if you have a teen driver in the household, you may need as many discounts as possible to lower the higher policy cost. Or if you are a family on the road quite a bit, then roadside assistance could be paramount. There may be circumstances where you do not have a clean record and need to purchase through a carrier that caters to high-risk drivers or may wish to add medical payments coverage.
Car insurance discounts in Missouri
When looking for car insurance, the number of discounts available may make a difference in how much you pay for premiums and whether or not you choose a certain carrier. Most carriers offer a range of discounts, including:
- Young driver discounts: This typically includes discounts for teen drivers, good students or students away from home.
- Safe driver discounts: You can often find safe driving discounts for taking a defensive driving course, remaining claims-free or enrolling in a telematics program.
- Loyalty: If you are loyal to a carrier by adding multiple vehicles or bundling policies, or remain a customer for several years, then you could earn a loyalty discount.
- Convenience: If you choose convenience options, such as paperless statements, auto-renewal and auto-pay, you may qualify for additional savings.
Frequently asked questions
What is the best car insurance in Missouri?
The best car insurance in Missouri depends on what you want and need from a policy, as well as how each company weighs 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 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 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. 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.
What is the cheapest car insurance company in Missouri?
Bankrate reviewed several national carriers for the cheapest car insurance in Missouri and found USAA, Progressive and Geico to offer some of the lowest rates. Keep in mind that while these are the least expensive rates from Bankrate’s analysis, your exact rates could be more or less depending on your circumstances.
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 coverage that meets 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 and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for drivers to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support.
To determine how well the best car insurance companies satisfy these priorities, third-party agency ratings from J.D. Power, AM Best, S&P, NAIC, and Moodys had the most impact on the companies’ Bankrate Scores. As price is a common consideration for drivers, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, assessed across more than 35,000 ZIP codes in the U.S., provided a basis on which drivers may compare each provider.
While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer’s online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores.