St. Louis Car Insurance – Average Prices

Auto insurance is required by law in Missouri. If you find yourself in an unfortunate situation – you will be thankful for that. If you are looking to purchase auto insurance in St. Louis or St. Charles County, our comparison shopping can help you find the best deals.  

According to Insurance Zebra (whose stats we’ll be sharing throughout this post) the average cost of car insurance in Missouri is $1,334 per year. With auto insurance, there are a lot of contributing factors to your rates and deductibles.

Contributing Factors for Car Insurance Quotes

In St. Louis and across the nation, auto insurance is more expensive for younger inexperienced drivers. Statewide car insurance cost averaged $6,886 for a 16-year-old driver, while those in their 50’s saved over $5000 per year with an average of $1,104 annually.

Data shows that drivers with better credit scores are more dependable and file fewer claims. As a result, Missouri drivers with bad credit find themselves being charged more for car insurance than drivers with good credit. Missouri drivers with a bad credit score (300-579) pay an average of $2,902.44 per year while drivers with a good credit score (670-739) pay around $1,780.25.

Good credit/Bad credit we can help with St. Louis Car Insurance Quotes.

Frequency of Claims

An insurance claim is a formal request to an insurance company for coverage of loss or damage. The more frequently you file claims, regardless of fault, the more your car insurance may cost.

Deductibles

An insurance deductible is the amount of out-of-pocket money a driver is responsible for paying before their insurance company will cover the remainder. You can lower your monthly premiums by raising your deductible. However, this means that in the case of an accident or loss you will have to pay a larger percent of the damage.

Bundled Coverage

Your car is not the only possession you will want to insure. You can maximize savings on auto insurance by bundling together multiple policies (such as homeowners insurance).

Telematics from driving apps and in car devices are becoming more mainstream and will be affecting rates in the near future. Above average miles or make aggressive turns? (Learn more about telematics & Missouri car insurance policies.) Start practicing your safe driving now.

Benefits of The Milburn Agency

If you’re concerned that you’re not getting the best value for your money, we can help. As an independent insurance brokerage, our mission is to help you find those St. Louis and St. Charles County insurance deals that will benefit you the most.

We’ll help you compare quotes and find St. Louis and St. Charles County car insurance companies that have more friendly policies for your situation.