Motorcycle Insurance in Missouri: The Cheapest Quotes and Best Companies

For Missouri riders, the least expensive option is to get a motorcycle insurance policy that only meets the state minimum liability coverage limits. But affordability does not make a policy the best option. While liability-only motorcycle insurance in Missouri is much cheaper, it only includes bodily injury liability, property damage liability and uninsured motorists insurance. A comprehensive and collision coverage insurance is the better option for most Missouri riders as it offers more protection and higher liability limits.

The profile used for this analysis was a rider with a good driving history and 50/100/25 liability-only coverage policy.

Based on MoneyGeek’s study, the most affordable motorcycle insurance companies on average in Missouri for liability-only coverage are:

• GEICO: $124 per year
• Progressive: $133 per year

Average motorcycle insurance rates in Missouri show that the most expensive option in the state for liability-only coverage is Dairyland. The annual average rate of Dairyland is $379, meaning that GEICO is 67.4% cheaper.

If you want to have better protection, consider getting full coverage with comprehensive and collision insurance. It will cost more than a liability-only policy but will protect you against damages due to collisions with another vehicle or structures. Additionally, it covers damages to or the loss of your bike due to non-collision incidents like fire, theft or vandalism. You will likely need full coverage insurance if you are making payments on your motorcycle.

For this analysis, MoneyGeek chose a driver with a good driving record and a full coverage policy that includes 50/100/25 coverage and a $500 deductible.

The study found that the companies with the cheapest motorcycle insurance rates in Missouri on average for a full-coverage policy are:

• Progressive: $307 per year
• GEICO: $394 per year

Meanwhile, the most expensive motorcycle insurance carrier for a full-coverage policy in the state is Nationwide, with an average rate of $660. Progressive is 53.5% cheaper, showing that it pays to shop around.

Several factors, such as the coverage level, motorcycle model, riding history, age and years of experience, affect motorcycle insurance quotes in Missouri. MoneyGeek collected and analyzed average rates from Missouri motorcycle insurers for different rider profiles.

A full-coverage policy in the state costs an average of $496 annually or around $41 monthly. The national average rate is $364, which means Missouri riders tend to pay 27% or $132 more on motorcycle insurance.

For liability-only motorcycle insurance in Missouri, the average rate is $225 per year or approximately $19 per month. That is $84 more than the national annual average of $141. Remember that this coverage level will not cover your bike or injuries if you caused the accident.

Policy coverage used to determine Missouri averages were $50,000/$100,000 bodily injury coverage with $25,000 property damage, a $500 deductible for full coverage policies and uninsured motorist coverage.

MoneyGeek ranked the best motorcycle insurance companies in Missouri. To calculate final scores, MoneyGeek used motorcycle insurance quote data unique to the state, product offerings and selection, service and financial stability. Progressive got the highest score among the motorcycle insurance companies in Missouri. Find out more about the methodology used for this analysis below.

Based on MoneyGeek’s study, the best carriers in Missouri for motorcycle insurance are:

Most companies allow riders to get online motorcycle insurance quotes in Missouri. However, you will need to provide important information to help insurers calculate your premium. Here is what you will need:

• ZIP code and the address where your motorcycle will be located
• Personal information, such as your birthdate and riding record
• Motorcycle year, make and model
• Insurance coverage elections (for more information on this, see below)

All motorcycle riders are required by law to have motorcycle insurance in Missouri. Your policy should at least meet the minimum state liability-only coverage requirement, which includes:

• $25,000 per person bodily injury liability
• $50,000 per accident bodily injury liability
• $10,000 property damage liability*
• Uninsured motorist coverage

State law requires riders to have motorcycle insurance with a minimum level of coverage at 25/50/10. These represent the liability limits that your insurer will pay you in the event of an at-fault accident. These include $25,000 per person bodily injury insurance for a total of $50,000 per accident and $10,000 for property damage liability coverage.

Aside from liability coverage, motorcycle insurance in Missouri should also include uninsured motorist coverage. The minimum limits are $25,000 for bodily injury per person and a total of $50,000 for bodily injury per accident.

When looking for the best motorcycle insurance in Missouri, riders should consider different factors. Here are some of the frequently asked questions about motorcycle insurance in the state.

MoneyGeek collected motorcycle insurance quotes directly from insurance providers based on varying coverage amounts and driver profiles to help our users determine which company has the cheapest motorcycle insurance in Missouri. To determine the best motorcycle insurance providers, MoneyGeek evaluated three factors, including policy cost in the state (60% weighting), product offerings and service (30% weighting) and financial stability metrics from AM Best (10% weighting). The most recent license laws and insurance coverage requirements in Missouri were gathered from the state Department of Revenue to ensure accurate and up-to-date information.