Travelers offers the cheapest minimum coverage for most low-income drivers with clean records and good credit in Missouri, including those with accidents. Progressive is often more affordable for high-risk drivers.
Cheapest Low-Income Car Insurance in Missouri
Updated: February 5, 2025
Advertising & Editorial Disclosure
Key Takeaways
While Missouri doesn't have a low-income car insurance program, affordable plans are available to meet state minimum coverage requirements.
Missouri's cheapest options for most low-income drivers are Travelers, Progressive, GEICO and American Family.
Low-income drivers can save the most on car insurance by comparing providers and exploring discounts.
Cheapest Car Insurance Companies for Low-Income Drivers in Missouri
| Travelers | Young Drivers | $43 |
| Travelers | Adults | $38 |
| Progressive | Seniors | $37 |
| Progressive | Drivers With a Speeding Ticket | $49 |
| Progressive | Drivers With a DUI | $43 |
| Travelers | Drivers With an Accident | $52 |
| Progressive | Bad Credit | $62 |
*All rates in this table, except for adults, are based on a modified profile of a 40-year-old driver with good credit and a clean record insuring a 2012 Toyota Camry. The age ranges are 22 to 29 for young drivers, 30 to 59 for adults and 60+ for seniors.
Compare Cheap Low-Income Car Insurance Providers
Use the table below to find the most affordable car insurance provider for your driver profile.
Data filtered by:Results filtered by:
Select
Age Range:30-59
Select
Driving Record:Clean
Select
Credit Score:Good
Select
Coverage Level:State Minimum Liability Only
| Travelers | $38 | $452 |
| Progressive | $41 | $497 |
| GEICO | $43 | $520 |
| American Family | $45 | $541 |
| Shelter | $53 | $630 |
Cheapest Car Insurance for Families With Low Income in Missouri
In Missouri, GEICO provides the most affordable minimum coverage for low-income married couples with a teen at $42 monthly. Single parents with a teen can get the best family plan from State Farm at $128, while Nationwide offers the lowest rate for adding a spouse without a teen at $45.
Data filtered by:Results filtered by:
Select
Family Type:Married Couple with Teen
| GEICO | $499 | $42 |
| Travelers | $945 | $79 |
| Nationwide | $972 | $81 |
| State Farm | $1,031 | $86 |
| Allstate | $1,082 | $90 |
| Progressive | $1,285 | $107 |
| Kemper | $2,124 | $177 |
*Rates for couples and single parents with teens apply to a 16-year-old driver. Those for a married couple without children are based on a 40-year-old male with good credit and a clean driving record.
Tips to Save On Car Insurance for Low-Income Drivers
Here are some ways to cut down on car insurance costs:
- 1
Choose minimum coverage
Minimum coverage is the most affordable way to fulfill legal obligations. However, it offers limited protection and won't cover all costs if you're at fault in an accident.
- 2
Compare quotes
Collect quotes from various insurers to find the best rates. For a thorough analysis, explore provider websites, independent brokers, provider agents and online comparison tools.
- 3
Look for discounts
Insurance companies often offer discounts for good students, safe drivers, military members or veterans and those who complete a defensive course.
- 4
Increase your deductible
Raising deductibles on collision or comprehensive coverage can reduce your premium. Make sure you can afford it when filing a claim.
- 5
Consider pay-per-mile insurance
Pay-per-mile insurance combines a low base rate with a per-mile charge. It saves money for those who drive less by covering just the miles traveled.
- 7
Get a cheaper car
A car's make, model and year impact insurance costs based on repair and replacement needs. Opting for a cheaper car to insure, like an older reliable vehicle, reduces premiums.
Minimum Car Insurance Requirements in Missouri
Drivers in Missouri need to meet these minimum car insurance requirements:
- $25,000 in bodily injury liability per person
- $50,000 in bodily injury liability per accident
- $25,000 in property damage liability per accident
If you're leasing or financing a vehicle, you'll also need liability coverage split of 100/300/100 and comprehensive and collision protection.
WHY MINIMUM COVERAGE MAY NOT BE RIGHT FOR YOU
Minimum car insurance pays for the other driver's costs if you're at fault in a crash but doesn’t cover your car's repairs or legal fees. If you drive often and can afford it, consider higher coverage for better protection.
Cheap Low-Income Car Insurance in Missouri: Bottom Line
Travelers offers the cheapest car insurance for most low-income drivers in Missouri. Progressive provides the best rates for those with a speeding ticket, a DUI or bad credit. Explore different providers and comparison methods to find the best deal.
Low-Income Auto Insurance in Missouri: FAQ
Finding affordable car insurance is tough for low-income drivers. Here are answers to common questions about saving money.
What is the cheapest car insurance for low-income drivers in Missouri?
Minimum coverage is usually the most affordable for low-income drivers, but it may not be an option if you're financing or leasing your vehicle. Travelers offers Missouri's lowest auto insurance rates: $38 for minimum coverage and $79 for full coverage.
Does Missouri have a state-supported low-income car insurance program?
Missouri has no state-supported program to assist low-income drivers with car insurance.
Does your income affect the cost of car insurance in Missouri?
In Missouri, income doesn't directly affect car insurance premiums. Factors like age and credit history have a greater impact.
How We Chose the Cheapest Car Insurance for Low-Income Drivers
Study Overview
MoneyGeek analyzed car insurance rates in Missouri using data from the Missouri Department of Commerce and Insurance and Quadrant Information Services.
Data Acquisition, Depth and Analysis
MoneyGeek reviewed 328,384 quotes from 14 companies across 370 ZIP codes to find the average cost of car insurance for drivers with low income in Missouri.
Sample Driver Profile
We used a sample driver profile with the following attributes to determine average car insurance rates for low-income drivers in Missouri:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
We adjusted age, family status, driving history and credit standing to find rates for certain driver profiles.
In this study, seniors are 60 or older, young drivers are 22 to 29, and adults are 30 to 59. Married couples with a child include 40-year-old male and female drivers with a 16-year-old teen. Single parents with children are 40-year-old male or female drivers with a 16-year-old teen.
Coverage Levels and Deductibles
The data shows rates for minimum coverage, which follows Missouri law and are affordable for low-income drivers.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.