The Cheapest Auto Insurance in Missouri in 2023

On average, Missourians pay $161 per month for car insurance, ranking the state 41st in affordability compared to other states. The cheapest overall insurer in Missouri is GEICO, offering policies for as low as $68 per month. Keep in mind that your situation is unique, and factors like age, driving record, and coverage level can affect how much you pay.

Before you drive in Missouri, you must carry minimum bodily injury liability coverage of $25,000 per person, $50,000 per accident, and $10,000 in property damage liability, with additional uninsured and underinsured motorist coverage.

Key Takeaways:

• Missouri’s high auto insurance costs are due to its high number of uninsured drivers and high average annual mileage per driver.
• Premiums among Missouri’s cheapest auto insurance companies can vary by as much as 57%.
• Good drivers in Missouri can get liability-only policies for as low as $38 per month.

Missouri’s Cheapest Car Insurance Companies

Missouri’s average car insurance rate is $161, but a few strategies can help you get more affordable coverage. Let’s look at some of the cheapest car insurance companies in Missouri.

While GEICO stands out as the overall cheapest in our analysis, it’s crucial to note that the best car insurance company for one driver may not be the most affordable option for another.

“Each insurer has its own proprietary underwriting criteria that determine the price based on your individual rating factors, such as age, gender, motor vehicle record, credit score, and vehicle make and model,” says Mark Friedlander, director of corporate communications at the Insurance Information Institute (Triple-I).

The following sections will explore the cheapest car insurance companies in Missouri based on specific situations.

The Average Cost of Missouri Car Insurance

Missourians pay some of the highest prices for car insurance in the U.S. The table below shows that the average monthly cost is $161 — 25% more than the national average and 30% more than the neighboring states of Arkansas, Illinois, and Kansas.

The Insurance Research Council reports 16% of Missouri drivers don’t have car insurance, which drives up costs for those who are insured. Drivers in Missouri also spend more time on the road, according to the U.S. Department of Transportation. Higher miles increase the likelihood of being in a car accident, and insurers charge more to offset the risk.

Let’s consider how rates in Missouri can change according to car insurance coverage levels, age, and driving record.

Cheapest Car Insurance Rates for State-Minimum Insurance: GEICO

Your car insurance premium depends in part on your coverage level. As you’ll see below, different insurers in the Show Me State charge varying prices for state-minimum coverage.

At $38 per month, GEICO has the average lowest rates for minimum-coverage car insurance in Missouri. However, even with state-minimum insurance, GEICO allows you to personalize your policy to fit your needs. You can also qualify for various discounts to help keep your costs down.

Cheapest Car Insurance Rates for Full-Coverage Insurance: GEICO

A full-coverage policy typically includes liability insurance, collision, and comprehensive coverage. “Full coverage provides drivers with a much greater level of financial protection than liability-only coverage,” says Friedlander. However, the added protection comes at a higher cost.

For the most competitive rates, look at GEICO. Full-coverage car insurance includes additional options like emergency road service, rental reimbursement, and mechanical breakdown insurance for more peace of mind.

Compare Missouri Auto Insurance Rates by Age

Age is one of the most significant factors that affect your car insurance bill. Young drivers pay the most because they lack experience behind the wheel. Once you reach age 25, you’ll notice a drop in premiums.

In the following sections, we’ll uncover the cost of coverage for various age groups.

Cheapest car insurance for Missouri teens: GEICO

Teenagers are by far the most expensive drivers to insure. Teens are more likely to speed and follow vehicles too closely, according to the Centers for Disease Control and Prevention (CDC). The CDC reports that 39% of high school students texted or emailed while driving at least once during a 30-day period in 2019.

Check out the table below for the average monthly costs for 18-year-old drivers in Missouri, sorted by liability rate.

The cheapest car insurance for teens is $95 from GEICO. It’s your best bet if you’re a young driver, since it offers a 15% good student discount and 25% savings for insuring multiple vehicles.

Cheapest car insurance for Missouri seniors: GEICO

You’ll likely notice a smaller car insurance bill as you approach retirement age. Seniors in this age group have some of the cheapest rates possible, especially when driving fewer miles. But it might not last.

“Insurance industry data shows a higher accident frequency rate for drivers aged 70 and up,” says Friedlander. “Thus, senior drivers tend to see a slight uptick in their premium.”

For an idea of what you might pay, this table shows the average monthly cost for 65-year-old drivers in Missouri.

GEICO, Missouri Farm Bureau, and Allstate have low rates for senior car insurance. But GEICO has a Prime Time contract that caters to drivers age 50 and older.

Compare Missouri Auto Insurance Rates by Driving Record

We mentioned age plays a role in car insurance rates, but your driving record is crucial. Let’s explore how car insurance costs can vary for drivers with a clean record versus one with past accidents or violations.

Cheapest car insurance for good drivers in Missouri: GEICO

Unsurprisingly, good drivers qualify for the best car insurance quotes. When you avoid accidents and tickets, insurers see you as low-risk and reward you with cheaper premiums. How much cheaper? Let’s consider the average cost of auto insurance for drivers with a good driving history.

Among the best insurance companies, GEICO comes out on top. For a good driver, the average monthly cost of a liability-only policy is $38 — 76% below the Missouri state average. GEICO offers accident forgiveness so that you can keep your low rate after an at-fault accident.

Cheapest car insurance in Missouri after a ticket: GEICO

You can expect your auto insurance premiums to rise if you get a ticket, but insurers weigh tickets differently. You might see a minor difference in cost, but your rate can jump by 60%. Here’s what drivers with one ticket pay, on average, in Missouri per month.

For liability or full coverage, GEICO is the cheapest auto insurance. However, GEICO policyholders with a ticket pay 13% more than drivers with a clean record. Missouri Farm Bureau charges 4% more, so you should look at both companies. A car insurance comparison site can make it easy.

Cheapest car insurance in Missouri after an accident: Missouri Farm Bureau

When you’re in an at-fault accident, your insurance company can label you as a higher-risk driver and increase your premiums. Missouri drivers with an accident on their motor vehicle records pay an additional 12% or more, depending on the insurance company.

The following table shows the average rates for drivers who have one at-fault accident on their record.

Missouri Farm Bureau offers the most competitive rates for drivers with an accident history. At $47, it’s just $5 more per month than the average cost for a driver with a clean record. While you may lose your ”accident-free” discount, Missouri Farm Bureau offers multi-vehicle discounts and savings when bundling homeowners, farm, ranch, or commercial property insurance.

Cheapest car insurance in Missouri after a DWI: GEICO

On average, Missouri insurance companies raise rates from 10% to 33% for drivers with a DWI (driving while intoxicated) charge. Insurers see drivers with a DWI as high-risk and charge more for coverage, and you’ll also lose any “good driver” discount you may have had. Here, you can see the average rates for drivers with one DWI conviction.

A DWI is a serious offense. You could lose your license, and your insurance company could cancel your policy. GEICO is a good option for auto coverage after a DWI. If the state requires you to file an SR-22 for proof of mandatory coverage, GEICO can file it for you.

The Cheapest Cities for Car Insurance in Missouri

Your ZIP code also affects car insurance costs. Cities have higher prices due to more traffic volume and higher accident rates. Small-town drivers tend to pay less because fewer vehicles are on the road in their communities. However, weather patterns and crime rates also play a role. Let’s see which Missouri cities have the cheapest car insurance rates.

Jefferson City and Maryville have the state’s most affordable car insurance premiums. One key factor contributing to their lower rates is their smaller populations. Some of the largest cities have much higher rates. For instance, Kansas City is $23 more per month than Jefferson City, while St. Louis is $46 more per month.

5 Ways to Get Cheap Car Insurance in Missouri

To save on Missouri car insurance, check out these different ways to help you get cheaper premiums and keep more cash in your pocket.

• Maintain a clean driving record: Avoid car accidents and traffic violations to show insurers you’re a safe driver and qualify for lower rates.
• Take advantage of discounts: Ask your insurance agent about safe driver discounts, bundling discounts for insuring multiple vehicles or policies, and discounts for safety features in your car to maximize your savings.
• Consider a higher deductible: Choosing a higher deductible can lower your premium. Just make sure you can afford the extra cost in case of an accident.
• Drive less: If you have the option, reducing your annual mileage can lead to lower insurance rates. Some insurers offer discounts to drivers who drive fewer miles per year.
• Get more than one auto insurance quote: Shopping around regularly and comparing quotes can help you find the most cost-effective coverage that suits your needs and budget.

Missouri Auto Insurance Requirements

Missouri requires all drivers to carry auto insurance with minimum bodily injury liability and property damage liability limits:

• $25,000 bodily injury per person
• $50,000 bodily injury per accident
• $10,000 property damage per accident

Additionally, uninsured motorist coverage and underinsured motorist coverage are mandatory, with minimum limits of $25,000 per person and $50,000 per accident. For more information on Missouri’s auto insurance requirements, visit the Missouri Department of Insurance.

Penalties for driving without auto insurance in Missouri

Driving without insurance in Missouri can lead to severe penalties. If caught without proof of insurance, you may get four points added to your driving record. It only takes eight points within 18 months to lose your driving privileges.

How long you go without your license depends on your history of driving without insurance:

• First offense: Pay a $20 reinstatement fee.
• Second offense: Lose your license for 90 days and pay a $200 fine.
• Third offense: Lose your license for a year and pay $400.

SR-22 auto insurance in Missouri

SR-22 auto insurance isn’t actually a type of insurance. SR-22 refers to the name of a form high-risk drivers may need to file with the state. After an accident or driving without auto insurance, Missouri can require you to file an SR-22 for two to three years.

To get an SR-22 in Missouri, follow these quick tips:

• Contact your insurance company: Inform it about the requirement for an SR-22 and ask about the process and cost.
• Fulfill the necessary obligations: Pay any outstanding fines and settle any legal issues from the driving violation.
• Maintain continuous coverage: Keep your auto insurance policy active without any lapses to comply with the SR-22 requirement.

Missouri Auto Insurance FAQs

Here are the answers to some of the most commonly asked questions about auto insurance in Missouri.

What is the cheapest auto insurance company in Missouri?

The cheapest auto insurance company in Missouri is GEICO. The company’s average monthly premium is $68, which is $93 less than the state average.

How much is car insurance in Missouri?

Missourians pay $161 per month, on average, for car insurance. The state ranks 41st for cheapest coverage, with rates $32 above the national average.

Which city has the cheapest car insurance in Missouri?

Drivers will find the cheapest rates for car insurance in Jefferson City and Maryville. The average policy costs just $55 and $56 a month, respectively.

How much car insurance is required in Missouri?

Missouri requires drivers to have 25/50/10 coverage, which includes $25,000 in bodily injury per person, $50,000 in bodily injury per accident, and $10,000 in property damage per accident. Drivers must also have $25,000 per person and $50,000 per accident uninsured and underinsured motorist coverage.

What happens if you get caught driving without insurance in Missouri?

Driving without insurance in Missouri can lead to penalties such as getting four points added to your driving record, potential license suspension for up to a year, and fines up to $400, depending on the offense.

Methodology

Data scientists at Compare.com analyzed more than 50 million real-time auto insurance rates from more than 75 partner insurance providers in order to compile the quotes and statistics seen in this article. Compare.com’s auto insurance data includes coverage analysis and details on drivers’ vehicles, driving records, insurance histories, and demographic information. All of the quotes listed in this article have been gathered from a combination of real Compare.com quotes and external insurance rate data gathered in collaboration with Quadrant Information Services. Compare.com uses these observations to provide drivers with insight into how auto insurance companies determine their premiums.

Sources

1. Insurance Research Council, “One in Eight Drivers Uninsured,” Accessed July 27, 2023.
2. U.S. Department of Transportation, “Vehicles miles traveled and vehicle trips by State,” Accessed July 27, 2023.
3. Centers for Disease Control and Prevention, “Teen Drivers and Passengers: Get the Facts,” Accessed July 27, 2023.
4. Missouri Farm Bureau Insurance, “Auto Insurance – Discounts,” Accessed July 27, 2023.
5. Missouri Department of Revenue, “Driving While Intoxicated (DWI),” Accessed July 27, 2023.
6. Missouri Department of Revenue, “Mandatory Insurance FAQs,” Accessed July 27, 2023.
7. WorldAtlas, “Jefferson City, Capital Of Missouri,” Accessed July 27, 2023.
8. U.S. Census Bureau, “QuickFacts Maryville city, Missouri,” Accessed July 27, 2023.
9. Missouri Department of Commerce and Insurance, “Consumer Guide to Auto Insurance,” Accessed July 27, 2023.
10. Missouri Department of Revenue, “Insurance Information,” Accessed July 27, 2023.