Who Has the Cheapest Car Insurance for High Mileage Drivers in Missouri?

Wouldn’t life be so easy if you could just know the exact company that has the cheapest coverage for high mileage drivers? Unfortunately, it’s not that simple as there are a whole bunch of unknown elements like whether or not your vehicle has good safety ratings, your gender, the number of miles you drive each year, and whether you want full coverage, that all have an effect on the price of a policy. The information below covers these types of topics and hopefully give you enough understanding to have a good beginning to your quest for cheaper car insurance.

Establishing which company has the best auto insurance rates for high mileage drivers will require a little more sweat in order to find a policy that fits your budget. Each auto insurer uses a slightly different approach to determine premium rates, so let’s examine the lowest cost auto insurance companies in Missouri.

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USAA normally has some of the lowest car insurance rates in Missouri at around $668 per year. The Hartford, Electric, Allied, and Travelers would also be considered some of the cheapest Missouri car insurance companies.

In the above rates, if you currently buy coverage from Electric and switched to USAA, you may realize an annual premium reduction of in the neighborhood of $207. Policyholders with Allied may save as much as $207 a year, and Travelers policyholders might lower prices by $340 a year.

To find out how your current rates compare, click here to get quotes or visit several of the following companies.

It’s important to note that these premiums are averages across all insureds and vehicles and do not factor in a rate decrease for high mileage drivers. So the company that has the lowest price for you may not even be shown in the above list. That point stresses why you need to get rate quotes using your own personal information and vehicle type.

When buying car insurance for high mileage drivers, one of the key criteria that influence a rate quote is where your residence is in Missouri. Areas with more people or higher crime rates like Florissant, University City, and Raytown tend to have more expensive auto insurance rates, whereas areas with less people or fewer weather incidents benefit from lower coverage costs.

The information below ranks the most expensive places in Missouri for high mileage drivers to purchase a policy in.

Rate quotes are approximated as specific location information can impact coverage rates considerably.

Insuring your vehicle with the top company is hard considering how many different companies there are to choose from in Missouri. The rank data below can help you select which car insurance providers to look at when trying to find the cheapest insurance for high mileage drivers.

The ratings below are for major nationwide insurance companies, so companies without a large exposure are not taken into consideration for this list. If you wish to compare prices from these and other companies in Missouri, simply click here.

Careless driving habits raise Missouri auto insurance rates

In a perfect world, the best way to maintain the cheapest auto insurance for high mileage drivers in Missouri is to be a cautious driver and avoid accidents and violations. The example below illustrates how traffic citations and accident claims can increase insurance rates for different age groups. The data is based on a single female driver, full physical damage coverage, $100 deductibles, and no other discounts are factored in.

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The data in the chart shows the average cost of a car insurance policy per year with a clean driving record and no accidents is $1,614. Receive one speeding ticket and the average cost rises to $1,826, an increase of $212 each year. Now include one accident along with the one speeding ticket and the annual cost of auto insurance for high mileage drivers goes up to an average of $2,432. That’s an increase of $818, or $68 per month, just for being a little careless behind the wheel!

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

When comparing rates for car insurance, four of the larger companies to compare rates for are Progressive, State Farm, Allstate, and Geico. All four offer physical damage and liability coverage, but each has different features and discounts that add value to each policy. The following table points out some of the ratings and options that are available for customers.