How Much is Auto Insurance for Young Drivers in Missouri?

The words “bargain” and “insurance” probably shouldn’t be used in the same sentence, especially when trying to find the lowest insurance prices for young drivers. To help control this cost, let’s get started by showing you a few of the things that impact car insurance premiums, and see if you can reduce the price of the next policy you buy.

The type of vehicle you are buying coverage for is probably the biggest factor that determines the availablility of cheap insurance for young drivers in Missouri. Vehicles with high performance, a lack of safety features, or high incidents of liability claims will cost significantly more to insure than safer models.

The information below showcases auto insurance prices for some of the cheapest automobiles to buy insurance for.

Cost estimates assume single female driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Missouri minimum liability limits. Discounts applied include safe-driver, and claim-free. Prices do not factor in specific zip code location which can increase or decrease coverage prices substantially.

Based upon the table data, you can expect models like the Ford Escape, Chevrolet Traverse, Honda CR-V, Jeep Wrangler, and Honda Accord are most likely going to be a few of the most affordable vehicles to insure for youthful drivers. Rates will trend higher because there is more inherent risk for young drivers, but in general those models will tend to have the lowest insurance rates possible.

Finding good, cheap auto insurance is easier said than done, and figuring out which companies have the cheapest insurance rates for young drivers will require more quotes for comparison. Rates could be significantly more than the average policy in Missouri, with the higher price attributed to the higher likelihood of claims that goes along with selling insurance for youthful drivers, but economical coverage may be possible if you thoroughly shop around. Each auto insurance company has a unique approach to determine rates, so we’ll take a look at the overall cheapest insurance companies in Missouri.

Find the Cheapest Auto Insurance for Teens

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USAA offers some of the best car insurance rates in Missouri at around $642 a year. The Hartford, Allied, Electric, and Auto-Owners would also make the list of some of the best Missouri car insurance companies.

In the above rates, if you are insured with Electric and switched to USAA, you could realize savings of about $233. Customers with Auto-Owners may save as much as $385 a year, and Travelers policyholders might cut rates by $386 a year.

To find cheap insurance for young drivers in Missouri for your vehicle, click here to start a quote or feel free to get quotes from the companies below.

Bear in mind that those policy prices are averages for all types of insureds and vehicles and and are not figured with a rate surcharge for young drivers. So the insurer that can offer you the best price may not even be included in the rate chart shown above. That points out the importance of why you need to quote rates from many companies using your own driver information and specific vehicle type.

Cheapest car insurance: Allstate, Geico, State Farm, or Progressive

When researching car insurance for youthful drivers in Missouri, four companies to definitely compare rates with are Allstate, Geico, State Farm, and Progressive. All of them offer physical damage and liability coverage, but each has a slightly different mix of options and features that may influence your buying decision. The data below illustrates some of the different features that you can purchase from each one.

Cheap insurance quotes for youthful drivers

There are many ways to quote and buy insurance in Missouri, but the most common methods are using an independent or non-exclusive agent, an exlusive agent like Allstate or State Farm, or direct from companies such as Geico or Progressive.

They all follow the same basic process, but insurance buyers need to understand the differences in how they provide price quotes.

Independent agents have contracts with multiple insurance companies and can quote your policy with every one. They have the freedom to give you more rate choices, which can give you improved chances of finding a lower rate. If they find a cheaper price, your policy can be easily switched to a new company and you won’t have to switch agencies.

An exlusive, or captive, agency is restricted to quoting rates for just one company, two examples being Liberty Mutual and Allstate agents. They generally cannot compare rates from other companies, so if finding the cheapest insurance is your goal, you will want to shop around.

Insurance from a direct company means you bypass an independent or exclusive agent and instead shop direct online or over the phone from a company like Progressive or Geico. This option may be the best choice drivers who do not have a complex risk profile and have some degree of understanding of what coverage limits and deductibles they need.

So which way is best for finding cheap insurance for young drivers in Missouri? It would be simple to say shopping direct results in the cheapest rates since there is no need to pay agent commissions, but unfortunately, it’s not that cut and dried. It would also be easy to say going through an independent agent guarantees the cheapest rates due to having more companies to select from, but that assumption is also not necessarily accurate. And sometimes, exclusive agents have very competitive rates that cannot be met by either independent or direct companies.

Because there are so many factors that make up insurance rates, the only real way to buy the cheapest coverage is to compare, compare, and compare some more. It’s recommended that drivers get price quotes all three ways to have a good selection of rates to choose from. To see some of the cheapest online companies available, click here to view.