What's Required for Auto Insurance?

In the state of Missouri, it is legally required for all drivers to maintain a minimum amount of liability and uninsured coverage on all vehicles:

  1. Liability: Your Fault: Covers injuries and property damage to others caused by you.
    Minimum amounts: 25/50/10
    • $25,000 for bodily injury per person
    • $50,000 for bodily injury per accident
    • $10,000 for property damage

  2. Uninsured Motorist: Others fault: Covers injuries to you and passengers caused by an uninsured driver.
    Minimum amounts: 25/50
    • $25,000 for bodily injury per person
    • $50,000 for bodily injury per accident

You should consider higher limits - According to Kelley Blue Book the average cost of a new vehicle is at $33,560.

Are you going through FINANCE?

Bank and other lends require you to buy collision and comprehensive coverage on your vehicle, often referred to as "full coverage".

  • Collision: covers damage to your car from hitting an intimate object, such as a tree, fire hydrant, or a house.
  • Comprehensive: Covers damage to your vehicle but theft, vandalism, hail, floor, fire or animals.

Further coverages that are optional, but convenient to have:

  • Underinsured motorist: provides you protection when another driver doesn't have enough insurance
  • Medical Payment: covers medical care up to a specified limits for you and your passengers
  • Rental Reimbursement: This pays for a rental whenever your is being repaired due to a covered loss
  • Towing and Labor

What goes into an insurance rate for each person?

There are several factors that determine your auto insurance such as age, gender, or the type of vehicles you have. Other factors that could lower or raise you insurance rates:

  • Amount of coverage
  • Credit history
  • Marital Status
  • How the vehicle is used
  • Where you live
  • Anti-Theft Systems
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