Missouri Car Insurance: Coverage Requirements for the 18th Most Populous State
Before registering your car and driving it on the roads of Missouri, you must prove your financial responsibility. Though the state gives you various options to accomplish this, one of the most popular methods is to purchase car insurance.
The state of Missouri requires drivers to have a minimum bodily injury liability of $25,000 per injured person per accident and $50,000 for all injuries in an accident. The minimum amount for property damage liability for any one accident is $10,000.
Uninsured motorist coverage is also mandatory in the state to help protect you against damages caused by uninsured drivers. The limits for bodily injury are the same as regular coverage.
This basic plan is referred to as 25/50/10 coverage with 25/50 UM limits.
The insurance requirements laid down by the law of the state are simple. You may add more coverage options to your personal car insurance plan such as collision coverage, physical damage coverage, personal injury protection coverage and gap insurance.
Missouri follows a tort system. Under this system, one of the parties involved in the accident is believed to be guilty of causing the accident. The person responsible for causing the accident and his/her insurance company has to pay for all the damages that arise from the accident.
Driving your car without valid insurance proof can result in either 4 points on your driving record or suspension of your license. Driving uninsured may also result in automatic suspension of your license and you will be required to pay a fine to get it back.
If you are uninsured and have an accident, you will be required to file an SR-22 form to the Department of Revenue within the next 3 years.
More details on Missouri auto insurance requirements are available directly from Missouri Department of Insurance by visiting their website at http://insurance.mo.gov or by calling their Jefferson City office on 800-726-7390.
Purchasing a car insurance policy can be expensive. However, you can still save some money by shopping around. Get quotes from multiple online insurance companies. We have selected partners in every state in the country that offer the most competitive rates and comparing the prices is very easy using our online quotes system available at the end of this article. Over the minimum requirements of the state law, you need to decide what extra coverage you need, then look for plans that cover all your specific requirements.
Start looking for a policy a few months in advance and make sure that you do thorough research. Otherwise, you might end up paying more than what you should.
To keep the cost of your insurance premium low, try to maintain a clean driving record. Increasing the deductible will also bring down the premium rates.
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