If you’re shopping for cheap car insurance in Missouri, you already know that finding the best deal can be quite a challenge. Insurance costs vary depending on your age, your gender, where you live, your driving record and other factors. And costs can vary wildly from one insurance company to the next for seemingly no reason at all.
To help Missouri drivers in their search for the best deals, NerdWallet researched the two cheapest car insurance options for the following motorists:
Cheapest for safe drivers
For drivers with no at-fault accidents, DUIs or moving violations
PRICE
- $89/month
PRICE
- $91/month
For Missouri drivers with clean records, AAA and Farm Bureau are the two least expensive choices for auto insurance. They also provide similar coverage options and ratings, although Farm Bureau’s customer rating is slightly higher. Farm Bureau also offers a wider variety of discounts and policy features benefiting rural drivers, so of the two, it may be the better bet.
Cheapest for young drivers
For drivers younger than 25
PRICE
- $136/month
PRICE
- $137/month
New drivers in Missouri will pay nearly the same amount in premiums, whether they choose American Family or Farm Bureau. Both companies also offer roadside assistance — a good idea for young drivers — and a few discounts that could bring down higher premiums. Those attending school far from home or financing a car may prefer American Family’s coverage options and discounts. The company’s claims-processing rating also is slightly better than Farm Bureau’s.
Cheapest for high-mileage drivers
For drivers who drive more than 40 miles a day
PRICE
- $89/month
PRICE
- $98/month
Missouri drivers with long commutes will pay almost $10 less per month for AAA than for State Farm. However, State Farm has a longer list of applicable discounts for customers, as well as enhanced rental-reimbursement coverage, which covers not only rentals, but lodging and meals if customers are stranded on the road. They also have superior ratings. For most, it would be worth the extra costs to choose State Farm.
Cheapest for drivers with imperfect records
For drivers who have had at-fault accidents, DUIs or moving violations
PRICE
- $91/month
PRICE
- $114/month
Missouri drivers may pay the same amount for insurance from Farm Bureau regardless of whether they’re safe drivers or have had an accident or violation. State Farm’s coverage will cost about $25 more per month. In addition, Farm Bureau customers can choose replacement cost coverage, which could come in handy for those in serious accidents. However, State Farm holds a superior rating for claims processing and, like Farm Bureau, has rental reimbursement and roadside-assistance packages, which also could help those in accidents.
Minimum car insurance requirements in Missouri
Missouri law requires that all drivers carry motor vehicle liability insurance coverage. The state requires these minimum coverages:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $10,000 property damage liability per accident
- $25,000 uninsured motorist coverage per person
- $50,000 uninsured motorist coverage per accident
Remember, it’s usually wise to get more than the bare essentials when it comes to car insurance. These minimum coverages might not be enough to fully cover post-accident costs if the incident is serious.
Visit NerdWallet’s guide to state car insurance requirements for more details on optional coverages and limits you might want for your Missouri policy.
Alternative car insurance in Missouri
Drivers who are unable to buy Missouri car insurance through the open market may qualify for coverage through the Missouri Automobile Insurance Plan, which assigns high-risk drivers to insurers. Because those drivers tend to be in more accidents and make more claims, they will pay significantly higher rates than they would for coverage in the open market.
For help searching for the cheapest car insurance in Missouri, use NerdWallet’s car insurance comparison tool to review estimates side by side and learn how discounts and violations affect your premium.
METHODOLOGY
NerdWallet ran rates from the largest insurers in Missouri across several ZIP codes. We tested for drivers with no accidents or violations, drivers younger than 25, drivers who travel more than 40 miles per day, and drivers with violations or accidents on their records. We used as our sample vehicle the Ford F-150, the most popular car in Missouri. These are sample rates; your own rates will vary.
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