Missouri law mandates minimum liability limits of $25,000 per person and $50,000 per accident as well as uninsured motorist coverage, but many drivers choose to increase these amounts for greater peace of mind and financial protection following an accident. Unfortunately, increasing coverage levels will also raise your rates; so it is wise to carefully weigh both options when making this decision.
Your age, driving record and credit score all play an integral part in determining your car insurance rates. Safe drivers with clean records who own their own cars tend to pay lower premiums while those with poor histories and lower scores often see significantly higher premiums.
Missouri drivers pay an average annual premium of $1,661 for full coverage insurance policies that meet state mandated liability and uninsured motorist requirements as well as state-mandated collision and comprehensive policies to cover their vehicles from accidents or severe weather, vandalism or other noncrash incidents (comprehensive). This covers damages that result from either an accident (collision) or severe weather events such as vandalism resulting from noncrash incidents (comprehensive).
Insurance companies use risk assessment algorithms to gauge how likely it is that drivers will file claims. Factors taken into consideration for risk assessments include driving history, number of traffic violations and prior insurance policies taken out by them. All this data is then compared against your local population of drivers as a whole – young drivers tend to see higher premiums since statistically they’re more prone to car accidents and insurance claims than older ones.
An DUI conviction can significantly raise your premiums, with some insurers refusing to offer policies at low costs to drivers with convictions for DUI. But others specialize in offering discounted policies to such drivers.
Where you live in Missouri can have an effectful influence on your auto insurance rates. Certain areas experience more car accidents, thefts and risky driving than others – and insurers pass this information along via car insurance calculators when creating quotes for their customers.
Missouri Car Insurance Calculators
These car insurance calculators for Missouri are based on quotes from major car insurers operating within Missouri. Quotes may depend on factors like zip code, age and driving record as well as factors like good credit or DUI conviction history of each driver.
As can be seen, our car insurance calculators on this site provide a useful way for you to estimate potential car insurance premiums in Missouri. But the best way to find affordable coverage is to shop around and compare multiple policies from various companies; also discuss any possible defensive driving courses or measures available that might reduce rates further. With some effort, you could discover an affordable policy that gives you legal driving privileges in Missouri.