How Much Does Auto Insurance Cost for Drivers Over Age 60 in Missouri?

Trying to buy reasonably-priced auto insurance is challenging, and deciding which insurers offer the lowest-priced auto insurance rates for drivers over age 60 requires even more perseverance. Premiums will most likely be a little bit cheaper than the average price in Missouri, with the lower price attributed to the potentially lower risk associated with selling coverage for older drivers. Competitive insurance should be achievable from a lot of different companies.
Each auto insurance company has their own formula for establishing rates, so let’s take a look at the most competitive auto insurance companies in Missouri.

It’s a good idea to be aware that Missouri auto insurance rates are calculated based on many things that control the price you pay. This is why Missouri drivers need to perform a complete rate comparison when trying to find the most economical car insurance quotes for drivers over age 60. Insurance prices can be altered by many risk factors and change substantially, so the cheapest company when you bought your policy may now be priced much higher than other options.

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USAA may have some of the most affordable car insurance rates in Missouri at around $662 each year. The Hartford, Allied, Electric, and Travelers would also make the list of some of the more affordable Missouri auto insurance companies.

As depicted above, if you currently buy coverage from Travelers and switched to The Hartford, you could earn annual savings of around $223. Missouri drivers with Auto-Owners may save as much as $252 a year, and MO Farm Bureau policyholders might cut rates by $278 a year.

Understand that those premiums are averaged across all drivers and vehicles and and are not calculated with a price discount for drivers over age 60. So the company that fits you best may not even be in the company chart above. That is why you need to get auto insurance quotes using your own personal information and vehicle type.

For older drivers, one of the largest factors that help determine the annual cost of car insurance is where your residence is in Missouri. Cities that have higher claim levels or more people like Saint Louis, University City, and Mehlville tend to pay slightly more, whereas areas with fewer weather claims and lower vehicle theft rates generally benefit from lower car insurance rates.

The information below ranks the highest-priced areas in Missouri for drivers over age 60 in which to buy car insurance.

Annual rates are comparative as the specific Missouri residence address can alter coverage rates greatly.

Performance level and cost of the vehicle that needs insurance is probably the most important factor that determines the availablility of the best car insurance for drivers over age 60. Vehicles with high performance features, a lack of modern safety features, or high incidents of liability claims will cost substantially more to insure than safer, lower-performance models.

The information below showcases insurance prices for a number of the most cost-effective vehicles to buy insurance for.

Table data assumes single male driver age 60, no speeding tickets, no at-fault accidents, $500 deductibles, and Missouri minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Rates do not factor in specific garaging location which can alter insurance rates substantially.

Premium data assumes single male driver age 60, no speeding tickets, no at-fault accidents, $500 deductibles, and Missouri minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Table data does not factor in specific location information which can revise coverage rates noticeably.

Prices based on single male driver age 60, no speeding tickets, no at-fault accidents, $500 deductibles, and Missouri minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Premium amounts do not factor in vehicle location which can decrease or increase rates greatly.

Buying coverage from a highly-rated insurance company is difficult considering how many companies there are to choose from in Missouri. The ranking information shown next could help you decide which auto insurers to look at comparing rates with. These ratings only include large, nationwide insurance companies, so companies that have a smaller presence are not included in the list.

Discount Missouri car insurance rates

Insurers that sell cheap insurance for drivers over age 60 in Missouri could also offer discounts that could potentially reduce rates by 30% or more if you meet specific eligibility requirements. Large auto insurance companies and some of the discounts are shown below.

The diagram below shows the comparison of insurance prices with and without some available policy discounts. The premiums assume a male driver, no violations or accidents, Missouri state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows the price with no discounts. The second shows the rates with vehicle safety, claim-free, multiple vehicle, accident-free, marriage, and homeowner discounts applied. When taking advantage of discounts, the the average amount saved on auto insurance for drivers over age 60 is % or $.

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Best rates: Geico, Allstate, Progressive, or State Farm

When shopping around for auto insurance for older drivers in Missouri, four companies you’ll want quotes from are Geico, Allstate, Progressive, and State Farm. Between them, they make up nearly half of the entire U.S. auto insurance market. The data below compares and contrasts ratings for price, service, and claims, in additional to some of the optional coverages you can buy with each company.