If you are considering purchasing auto insurance in Missouri, you may be wondering how much it will cost you. Rates vary depending on zip code and the type of coverage you choose. If you have recently received a DUI or other driving offense, you may have to pay more than the average for full coverage auto insurance in Missouri. Fortunately, there are a few things you can do to save money on your insurance policy.
Average annual car insurance rate in Missouri is $1,831
Auto insurance costs in Missouri vary widely depending on age, driving history, and credit score. You may want to shop around for rates to find the best deal. MoneyGeek’s auto insurance comparison tool allows you to compare premiums for different types of drivers. For example, drivers aged 40 and up will pay $1,305 a year on average, while teens aged 16 and younger will pay $1,123 annually.
A good driver with a clean driving record can get an affordable car insurance rate. However, drivers with several traffic violations or road accidents will have to pay more. For example, a driver with two speeding tickets will pay $271 more than a driver with no traffic violations. This difference increases with the severity of the violation.
Rates vary by ZIP code
Car insurance in Missouri varies depending on ZIP code and area of the state. The state average rate is $228 per month, and rates in different areas vary based on these factors. However, you can find lower rates by shopping around. Using online services like Insurify can help you compare car insurance rates from dozens of different insurers.
Zip codes can affect auto insurance rates in several ways, including vehicle safety ratings, and insurance loss ratios. You can also get discounts based on the type of insurance company that you buy from. Many companies specialize in certain types of drivers, such as young drivers. The best way to save money on car insurance in Missouri is to park your car in a secure garage. A covered garage or a gated garage is ideal. You can also let your insurance agent know of any precautions you take to keep your car safe.
Cost depends on type of coverage
In Missouri, car insurance rates are determined by many factors. The ZIP code, type of coverage, and limits all affect the price of a policy. Insurance companies like Progressive, American Family, and State Farm all offer cheap car insurance quotes for Missouri drivers. Some companies also offer cheap liability-only coverage.
The cheapest full coverage Missouri car insurance rate comes from State Farm. This insurance company offers the lowest rates to drivers with poor credit. An average Missouri driver with a poor credit score will pay $2,270 per year, or $1,044 per month. The difference in cost will increase the worse a driver’s credit score is, but there are still some affordable options available.
Cost increases if you let your insurance lapse
In order to maintain your driver’s license, it is essential to have car insurance in Missouri. However, letting your coverage lapse can have negative consequences. Not only is it illegal to drive without insurance, you will also receive a number of points on your driving record. In addition, if you are involved in an accident and are not covered by your insurance, you will have to pay for the damages yourself.
Insurers will charge you more if you let your car insurance lapse for several months. They can also require that you provide your license plate. Some insurers won’t take you without at least six months of previous coverage, so be sure to shop around.