Who Has Cheap Insurance Quotes for Used Cars in Missouri?

This would be a real easy article to write if we could just tell you the one company that has the cheapest rate quotes in Missouri. Regrettably, it’s not quite that easy, as there are a whole slew of unknown factors such as if you are currently insured, if you want full coverage included, and the amount of physical damage deductibles. We will attempt to cover the best ways to pay less and educate you enough to have a solid foundation to find cheaper car insurance.

The car, truck, or SUV needing coverage is one of the main factors when comparing cheap insurance for used cars in Missouri. Vehicles with higher performance, a lack of advanced safety features, or a history of substantial liability claims will cost more to insure than safer, lower-performance models.

The next table ranks coverage costs for a selection of the most budget-friendly vehicles to insure.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Missouri minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Information does not factor in your specific Missouri location which can influence prices greatly.

Based upon these rates, you can assume that models like the Honda Accord, Chevrolet Traverse, Ford Escape, and Honda CR-V will be a few of the cheaper vehicles to insure for pre-owned vehicles.

For pre-owned vehicles, one of the big components that car insurance companies take into consideration when calculating the price of your policy is where your residence is in Missouri. Urban areas that are densely populated like Saint Louis, Florissant, and Wildwood tend to pay slightly more, whereas areas with less crime or weather claims generally benefit from lower car insurance rates.

The illustration below ranks the higher priced cities in Missouri for used cars to buy an auto insurance policy in.

Premium amounts are comparative as the specific zip code location can affect prices noticeably.

Finding out which companies have the cheapest insurance rates for used cars requires more work in order to find the lowest price quote. Every insurance company uses a little different formula for determining rates, so we will examine the lowest cost insurance companies in Missouri.

Find the Best Cheap Insurance for Used Cars

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USAA normally has some of the best car insurance rates in Missouri at around $648 per year. The Hartford, Electric, Allied, and Travelers also make the cut as some of the cheaper Missouri insurance companies.

As depicted above, if you currently buy coverage from Electric and switched to USAA, you may realize yearly savings of approxmiately $193. Missouri drivers with Allied may save as much as $201 a year, and Travelers customers might see rate reductions of $350 a year.

To find cheap insurance for used cars in Missouri for your vehicle, click here to get a free quote or click several companies below for low rates.

It’s important to note that these rates are averaged for all types of drivers and the different vehicles they drive and do not factor in a price discount for used cars. So the car insurance company that has the lowest price for you may not even be in the above list. That points out the importance of why you need to compare as many prices as possible using your own individual information.

Missouri insurance companies

Picking the top company can be a challenge considering how many different companies insure vehicles in Missouri. The ranking information in the lists below could help you decide which insurers you want to consider purchasing coverage from.

The rankings below are only comprised of the largest companies in the United States, so companies with more of a regional focus are not factored into these rankings. If you wish to compare prices and find cheaper insurance for used cars, just click here.

Discounts on cheap insurance for used cars in Missouri

Insurers that provide coverage for used cars may also offer special discounts that could potentially reduce rates by as much as 35% if you are eligible. A list of companies and their offered discounts are included below.

• Progressive may have discounts that include good student, homeowner, online quote discount, multi-vehicle, and multi-policy.
• Farmers Insurance has savings for bundle discounts, early shopping, switch companies, pay in full, and mature driver.
• Farm Bureau offers discounts for multi-vehicle, good student, safe driver, renewal discount, driver training, and 55 and retired.
• State Farm offers premium reductions for Drive Safe & Save, student away at school, safe vehicle, multiple autos, and defensive driving training.
• GEICO policyholders can earn discounts including air bags, multi-policy, military active duty, daytime running lights, seat belt use, five-year accident-free, and anti-lock brakes.
• SAFECO may include discounts for drive less, multi-car, anti-lock brakes, homeowner, teen safe driver, bundle discounts, and teen safety rewards.
• Liberty Mutual includes discounts for preferred payment discount, newly married, new vehicle discount, multi-policy, newly retired, multi-car, and new move discount.

The chart below compares insurance rates with and without policy discounts. The premium estimates are based on a female driver, no claims or violations, Missouri state minimum liability limits, full coverage, and $500 deductibles.

The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with accident-free, safe-driver, marriage, vehicle safety, anti-theft, and homeowner discounts applied. When drivers take advantage of discounts, the average amount saved each year on insurance for used cars is 28% or $445.

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Allstate, Geico, State Farm, and Progressive: Who is cheapest?

When buying auto insurance, the four most popular companies are Allstate, Geico, State Farm, and Progressive. If you combine them together, they insure 48.5% of all vehicles in the U.S.. They all have the same basic coverages, but each one has different features and discounts that may affect your buying decision. The table below breaks down some of the different options and features that are available for customers.