Missouri Auto Insurance Quotes

If you've been searching for a way to get the best deals on Missouri auto insurance, you're in the right place. You can access the most recent information on Missouri's auto insurance laws and find out how much auto insurance is required for your vehicle to be legal. Once you've determined the type of policy you need to purchase, you can search for price quotes from several companies that are authorized to provide insurance coverage to Missouri drivers.

Missouri Financial Responsibility

In Missouri, you are given several options for demonstrating your financial responsibility to the Missouri Department of Revenue.  You can choose to purchase liability insurance on your vehicle, leave a bond or deposit with the Department of Revenue in the amount of $60,000, or file a real estate bond with the Department of Revenue.  Most people choose to purchase liability insurance since coming up with a $60,000 bond represents a hardship for much of the population.  If you do choose to purchase liability insurance, there are minimum coverage requirements you must meet.

For bodily injuries, you must have coverage in the amount of $25,000 per person and $50,000 per accident.  For property damage, you must carry a minimum of $10,000 in coverage.  These are just the required minimums.  Drivers who need to protect their assets may choose to purchase additional coverage beyond what is required.  Discuss your insurance needs with an agent who can help you select a policy that offers the coverage you desire.

Missouri Proof of Insurance

When a car is registered in Missouri, the owner must sign an affidavit that states that insurance coverage will be maintained during the registration period.  Drivers must also have proof of insurance available so that it can be presented after an accident or during a stop for a traffic violation.  In Missouri, several items are considered acceptable proof of financial responsibility.  They include a current insurance card; a receipt from the insurance company that has your policy number and vehicle description on it; an insurance binder; or a financial responsibility ID card issued by the Driver and Vehicle Services Bureau (this is provided if you filed a bond).  If you do not register your car or your car is an official government vehicle, you are exempt from providing proof of insurance.

Penalties for Lack of Insurance

If you do not have proof of insurance, one of three penalties can be imposed.  You can accumulate four points on your driver's license, be placed under supervision that requires monitoring by the state, or have your license suspended.  If you do not have any insurance, your driver's license will be suspended and you will have to pay reinstatement fees in order to get it back.