Cheap Insurance for Drivers with Good Credit in Missouri

In a perfect world, we could tell you the one best car insurance company that has the cheapest policy rates in Missouri. It’s just not that simple, as there are a lot of unknowns like whether you are married or single, the crash test ratings of your vehicle, any tickets or violations, and the area you live in. We will attempt to cover the best ways to find cheap car insurance and hopefully give you enough understanding to have a solid foundation to find cheaper car insurance.

Shopping around for cost effective insurance is confusing at best, and figuring out which company has the cheapest auto insurance rates for drivers with good credit will require even more perseverance. Coverage prices may be somewhat cheaper than the average policy in Missouri attributed to the decrease in risk associated with selling coverage for financially responsible drivers. Competitively-priced coverage should be obtainable from many insurance companies.
Each insurance company uses their own calculation for determining prices, so to begin we’ll rank the most competitive auto insurance companies in Missouri.

We do need to point out that Missouri auto insurance rates are impacted by many things that control the price you have to pay. Things like having a birthday, moving to a different location, or having an at-fault accident can trigger price changes that can make some companies higher when they were quite affordable.

Cheap Insurance Rates for High Credit

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USAA may have some of the lowest car insurance rates in Missouri at around $642 per year. The Hartford, Electric, Allied, and Travelers also rank well as some of the cheapest Missouri insurance companies.

In this example, if you are a customer of Electric and switched to USAA, you could earn savings of around $207. Drivers with Allied may save as much as $233 a year, and Travelers insureds might reduce rates by $356 a year.

To get a fast rate comparison, click here or quote prices from the following companies.

It’s important to note that these estimates are averages for all ages of drivers and types of vehicles and and are not figured with a rate decrease for drivers with good credit. So the auto insurance company that fits you best may not even be featured in the company chart above. That affirms the importance of why you need to get quotes using your own specific driver information and vehicle.

The type of vehicle you are buying coverage for is one of the largest factors that determines whether or not you find low-cost car insurance for drivers with good credit. Vehicles with high performance features, a lack of safety features, or high incidents of liability claims will cost quite a bit more to insure than safer, lower-performance models. The information below presents auto insurance premiums for a handful of the most affordable automobiles to insure.

Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Missouri minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Rate information does not factor in vehicle location which can influence premium rates greatly.

Looking at the rates, you can presume that models like the Ford Escape, Honda Accord, Ford F-150, and Ford Edge are some of the most budget-friendly vehicles to insure for financially responsible drivers.

The diagram below demonstrates how choosing different deductibles can change insurance costs when researching cheap insurance for drivers with good credit. The prices are based on a single female driver, full coverage, and no additional discounts are factored in.

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In the chart above, a 50-year-old driver could lower their policy premium by $210 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $320 by switching to a $1,000 deductible. Younger drivers, such as the Age 20 example, could reduce their rates up to $536 every year by choosing larger deductibles on their policy. When increasing deductibles, it is essential to have enough spare savings to enable you to cover the extra out-of-pocket expense that deters many people from opting for higher deductibles.

Discounts on cheap insurance for drivers with good credit in Missouri

Insurers that provide policies for drivers with good credit may have discounts that can lower rates by as much as 40% or more if you are eligible to receive them. A few popular companies and some of their more popular discounts are included below.

• State Farm offers discounts for defensive driving training, good driver, safe vehicle, good student, and student away at school.
• Farmers Insurance offers premium reductions for multi-car, electronic funds transfer, alternative fuel, distant student, pay in full, and switch companies.
• GEICO policyholders can earn discounts including federal employee, driver training, anti-lock brakes, good student, seat belt use, and air bags.
• American Family has savings for bundled insurance, mySafetyValet, multi-vehicle, good driver, and defensive driver.
• Nationwide may offer discounts for good student, business or organization, defensive driving, easy pay, anti-theft, accident-free, and Farm Bureau membership.
• Progressive includes discounts for continuous coverage, multi-vehicle, good student, online signing, multi-policy, homeowner, and online quote discount.

The diagram below compares insurance rates with and without discounts applied. The premium estimates are based on a female driver, no claims or violations, Missouri state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with marriage, anti-theft, homeowner, vehicle safety, accident-free, and multiple policy discounts applied. When drivers take advantage of discounts, the the amount saved on auto insurance for drivers with good credit is 28% or $331.

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Find cheap insurance for drivers with good credit in Missouri

Lowering your rates is not difficult, and here are some of the recommended money-saving solutions that can help Missouri drivers find the cheapest car insurance.

• Do not get tickets or violations
• Accidents can significantly increase rates
• Avoid filing small claims
• Increase your physical damage deductibles
• Clean up your credit
• Multi-policy discounts save money
• Compare price quotes at least once a year

The last tip is highly valuable, as was affirmed in this article. Coverage rates in Missouri fluctuate considerably, so you should be ready to switch companies if you can save money. Having a favorite company is great, but we do not recommend it if that faithfulness ends up costing you potentially thousands of dollars a year. Take a couple minutes and compare rates and find cheaper car insurance for drivers with good credit.