Cheapest Car Insurance in Missouri (October 2024)

Travelers offers the cheapest car insurance in Missouri. American Family and USAA are also solid options, depending on your driver profile.

If you want affordability and quality service, explore the best car insurance companies in Missouri.

The cheapest car insurance companies in Missouri for a minimum coverage policy are:

• Travelers: $459 per year
• Progressive: $486 per year

GEICO is the most expensive auto insurance company in Missouri for minimum coverage, with an average annual premium of $1,013.

Car insurance that meets Missouri's minimum insurance requirement only includes bodily injury liability, property damage liability and uninsured/underinsured motorist coverage.

A minimum coverage policy specifically covers the cost of damages or injuries caused to others, not your vehicle. If you want more robust financial protection that covers your car, it’s best to consider adding comprehensive and collision insurance to your policy to have full coverage.

On average, the cheapest full coverage auto insurance in Missouri is offered by:

• Travelers: $965 per year
• American Family: $1,003 per year

Kemper offers the most expensive full coverage car insurance at an annual average of $2,309.

Adding comprehensive and collision coverage to your car insurance increases your premium. A full coverage policy from Travelers is $506 more expensive than its minimum coverage policy.

Full coverage car insurance provides more financial protection because it covers your vehicle. It protects you from on-road accident damage like hitting another car or object. It also covers off-road incidents like flooding, theft or vandalism.

How much car insurance you need will impact your rates. MoneyGeek’s sample full coverage policy features liability protection with the following limits:

• $100,000 in bodily injury liability per person
• $300,000 in bodily injury liability per accident
• $100,000 in property damage liability per accident

Lowering your liability limits, removing comprehensive and collision coverage or increasing your deductible will reduce your insurance payments. However, this may result in you having inadequate coverage if you are in an accident.

Several car insurance providers offer quotes online, but the process can take up to 15 minutes and requires you to submit personal information. Comparing rates from multiple companies involves a great deal of time.

MoneyGeek offers an auto insurance calculator that helps you get a quick estimate without the need to share personal information with various insurance companies. Simply choose your age, gender and driving record to receive estimates. After using our calculator, you’ll have a starting point to find the cheapest car insurance for your profile.

Age is one of the biggest factors affecting car insurance rates in Missouri. GEICO and American Family offer the cheapest options, depending on what age group you and your family belong to.

On average, these insurance companies provide the most affordable car insurance for teens on a parent’s policy in Missouri:

• GEICO: $1,295 per year for male teens and $1,221 per year for female teens
• Nationwide: $2,035 per year for male teens and $1,871 for female teens

Kemper offers the most expensive coverage for teens. It costs an average of $7,078 for female teens and $8,719 for male teens.

The rates mentioned are for a 16-year-old on their parent’s policy. Generally, adding a teen to the parent's policy is cheaper than buying insurance for them separately. Plus, teens under 18 need a parent or guardian as a co-signer to legally purchase auto insurance. For example, a 16-year-old male in Missouri might pay roughly $7,251 per year for an individual policy but only $3,348 if added to their parent’s existing policy. These numbers equate to a $3,903 difference in a year.

A teen's car insurance rates also significantly decrease as they age. GEICO has the cheapest car insurance rates for 19-year-olds in Missouri ($1,001 per year).

Families who want to save on car insurance might be able to get discounts for young drivers. Allstate, Progressive, Travelers and State Farm offer distant student and good student discounts. Nationwide and GEICO only offer good student discounts.

The cheapest car insurance providers in Missouri for drivers in their 20s are:

• American Family: $1,062 per year
• Travelers: $1,136 per year

Kemper offers the most expensive auto insurance for young adults, averaging $2,736 annually. Young adult drivers in Missouri pay about $400 more in car insurance premiums per year than middle-aged drivers.

On average, the most affordable auto insurance providers in Missouri for seniors are:

• American Family: $927 per year
• Travelers: $956 per year

Kemper offers the most expensive car insurance rates for seniors aged 60 and over, averaging $2,231 per year.

Senior drivers pay around $86 less in average car insurance premiums than drivers in their 40s and 50s. However, rates increase when they reach their 70s or 80s due to a higher risk of accidents.

Allstate, American Family, GEICO, Kemper and Shelter all offer discounts for seniors in Missouri. Age is one of the various factors that insurers use to compute rates. Comparing different insurance companies is the best way to find cheap and competitive coverage.

American Family is the cheapest provider for drivers with a history of speeding tickets, DUIs or at-fault accidents in Missouri. It is also the most affordable for sports car drivers. Travelers is the cheapest provider for drivers with poor credit.

These are the car insurance companies that offer the most affordable full coverage policies in Missouri for drivers with a speeding ticket:

• American Family: $1,183 per year
• Travelers: $1,253 per year

The most expensive insurer is Kemper, at an average of $2,701 per year. You may pay $372 more for car insurance in Missouri when you get a speeding ticket.

For Missouri residents who have an at-fault accident on their driving records, the least expensive full coverage car insurance providers are:

• American Family: $1,232 per year
• Travelers: $1,291 per year

Kemper charges the most for drivers with at-fault accidents at approximately $3,275 per year. We found that having an at-fault accident on your record will increase your premium by around $661 per year.

The cheapest insurers for Missouri drivers with a DUI on their records include:

• American Family: $1,183 per year
• Travelers: $1,411 per year

The least affordable option in Missouri is GEICO, at an average of $3,648 per year for drivers who incurred a DUI. Having a DUI on your record in Missouri increases your annual premium by approximately $645 per year.

On average, the most affordable car insurance companies in Missouri for drivers with poor credit are:

• Travelers: $1,589 per year
• American Family: $1,792 per year

If you have a low credit score, AAA has the most expensive car insurance at roughly $6,466 per year.

Remember that insurers check your credit history. If your score is below 580, you could pay up to $1,265 more for car insurance than those with credit scores above 750.

Using actuarial data, car insurers determined that drivers with poor credit-based insurance scores or credit history are more likely to file claims. Consequently, they charge these drivers more for coverage. This isn’t legal in all states, but it is in Missouri.

There are different ways to improve your credit score over time so you can qualify for lower insurance rates. However, comparing rates or taking advantage of discounts can help you save money immediately.

If you own a sports car, the cheapest car insurance in Missouri is from:

• American Family: $933 per year
• Travelers: $973 per year

In contrast, the most expensive car insurance is with Kemper. It offers an annual average rate of $2,709 to insure a sports car.

Most sports cars cost more to repair, so they usually have higher car insurance premiums than a standard vehicle. In Missouri, it costs around $179 more to insure a Ford Mustang than it does to insure a Toyota Camry.

MoneyGeek used a Ford Mustang as its sample sports car in this study, but costs may differ depending on the car model. It is generally more expensive to insure sports, electric and luxury cars; otherwise, the model may not be a significant factor. However, this may not be true for all states.

USAA is the cheapest insurer in Missouri for active duty military officers or those with a military background. The annual premium is $692. USAA specializes in providing services for veterans and active-duty military personnel and their families.

Many factors affect the cost of your car insurance, including the city you live in and even your ZIP code. If you live in a city in Missouri with a high rate of theft, vandalism or accidents, you are likely to file insurance claims and pay a higher premium.

Columbia has the most affordable rates, averaging $880 per year from Travelers. Meanwhile, Travelers is the cheapest provider in St. Louis, with a higher rate of approximately $1,256.

If you want to compare average auto insurance costs by location, we’ve listed average rates in different Missouri cities.

Missouri requires drivers to buy property damage liability, bodily injury liability and uninsured/underinsured motorist coverage.

Missouri law mandates drivers have an auto insurance policy that adheres to the state's minimum limits for property damage liability, bodily injury liability and uninsured/underinsured motorist coverage. A minimum coverage policy will save you money, but it provides less protection in an at-fault accident.

The state also requires SR-22 insurance for serious driving offenses like reckless driving, driving with a suspended license and more. Your required coverage may increase if you need to file an SR-22 certificate with the state.

MoneyGeek suggests carrying liability insurance of at least $100,000 for bodily injury per person and $300,000 per accident and property damage liability per accident of $100,000.

If you have a loan for your car or lease it, you likely need comprehensive and collision coverage, too. In general, insurance professionals recommend carrying both coverages for a greater level of financial protection.

Comprehensive insurance covers all non-collision losses, such as theft, vandalism, fire, weather hazards and cracked windshields. Collision insurance covers damage from another vehicle or an object like a tree, mailbox or telephone post.

If you have a valuable car, getting collision and comprehensive insurance is a wise choice.

There are some car insurance alternatives in Missouri you can try. For example, you can file proof of financial responsibility with the Missouri Department of Revenue or get a certificate of self-insurance if you run a company or religious organization.

For proof of financial responsibility, you may submit either of these:

• Surety bond
• Real estate bond
• Deposit of cash or negotiable securities (e.g., stocks, bonds, CDs, etc.)

If you are looking for car insurance in Missouri, you may have questions about cost and quality. Here are answers to some of the most frequently asked questions.