Auto Insurance in Missouri: Everything You Need to Know

Auto insurance is a necessary expense for drivers in Missouri. Not only is it a legal requirement, but it also provides financial protection in case of an accident. However, with so many options available, it can be overwhelming to choose the right policy. In this article, we will discuss everything you need to know about auto insurance in Missouri, from the legal requirements to the best providers.

Legal Requirements for Auto Insurance in Missouri

Every driver in Missouri is required to have auto insurance that meets the state’s minimum coverage requirements. These requirements include:

Bodily injury liability covers the costs of injuries suffered by another party in an accident that you are deemed at fault for. Property damage liability covers the damage you cause to another person’s property. These coverage limits ensure that you have enough insurance to pay for damages in case of an accident. However, it’s important to note that these minimums may not be enough to cover all damages in a serious accident.

Missouri is also an at-fault state, which means that the driver who is found to be at fault for an accident is responsible for paying the damages. If you are found at fault for an accident and your insurance policy limits are not high enough to cover the damages, you could be sued for the remaining balance.

It’s recommended to consider optional coverages to increase your protection, such as collision and comprehensive coverage, uninsured/underinsured motorist coverage, and personal injury protection.

Collision and Comprehensive Coverage

Collision coverage pays for damages to your own vehicle in case of an accident, regardless of who is at fault. Comprehensive coverage covers damages from non-collision events, such as theft, vandalism, or natural disasters. While these coverages are not required by law, they can be beneficial in protecting your investment in your vehicle.

Uninsured/Underinsured Motorist Coverage

Uninsured/underinsured motorist coverage protects you in case of an accident with a driver who is not carrying enough insurance to cover the damages. It can also cover you in case of a hit-and-run accident. If you are hit by an uninsured driver, your own insurance policy can cover your damages up to the limit you choose.

Personal Injury Protection

Personal injury protection, or PIP, covers medical expenses and lost wages for you and your passengers in case of an accident, regardless of who is at fault. Missouri law requires insurance companies to offer PIP, but it’s up to you to decide whether to purchase it.

The Best Auto Insurance Providers in Missouri

Choosing the right auto insurance provider can be just as important as choosing the right coverage. Here are some of the best auto insurance providers in Missouri:

State Farm

State Farm is the largest auto insurance provider in Missouri, offering a variety of coverage options and discounts to its customers. It has a strong financial rating and great customer service ratings.

Progressive

Progressive is known for its competitive rates and easy-to-use online tools. It also offers a variety of discounts to its customers.

Geico

Geico offers some of the lowest rates in Missouri, making it a great choice for budget-conscious drivers. It also has a strong financial rating and good customer service ratings.

USAA

USAA is a great option for military members and their families, offering competitive rates and discounts. It also has great customer service ratings and a strong financial rating.

FAQs About Auto Insurance in Missouri

1. What happens if I don’t have auto insurance in Missouri?

If you are caught without auto insurance in Missouri, you could face fines, license suspension, and even a possible arrest. It’s illegal to drive without insurance in Missouri.

2. How can I get the most affordable auto insurance in Missouri?

To get the most affordable auto insurance in Missouri, it’s important to shop around and compare quotes from different providers. You should also consider raising your deductibles and taking advantage of available discounts.

3. What discounts are available for auto insurance in Missouri?

Common discounts for auto insurance in Missouri include safe driver discounts, multi-policy discounts, and good student discounts. You may also be eligible for discounts based on your profession, military service, or affiliation with certain organizations.

4. Can my auto insurance rates go up if I am in an accident?

Yes, your auto insurance rates can go up if you are in an accident, especially if you are found to be at fault. However, some providers offer accident forgiveness programs that can help mitigate this risk.

5. How do I file a claim with my auto insurance provider in Missouri?

You can file a claim with your auto insurance provider by contacting them either online, by phone, or in person. They will guide you through the claims process and help you get the compensation you need after an accident.

In conclusion, having the right auto insurance coverage is essential for drivers in Missouri. By understanding the legal requirements and choosing the right provider and coverage, you can ensure that you are protected in case of an accident.