Cheapest Auto Insurance for College Graduates in Missouri

The words “cheap” and “auto insurance” really don’t belong together, especially when you are searching for the lowest insurance prices for college graduates. Because of the high cost, let’s familiarize you with some of the factors that influence auto insurance prices, and find a few ways to reduce the cost of your next policy.

Finding good, reasonably-priced car insurance is difficult, and figuring out which insurers offer the lowest-priced insurance rates for college graduates will require additional perseverance. Each insurer has a proprietary formula for setting prices, so let’s begin by examining the most affordable insurance companies in Missouri.

It’s important to understand that Missouri insurance rates are based on many factors which can substantially decrease or increase your annual premium. This price variability is why it is crucial to shop around with many companies when trying to find affordable insurance rates for college graduates. Insurance prices are impacted by many things and change dramatically, so the most economical option when you last compared rates may now be quite expensive.

Best Car Insurance Prices for Grads

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USAA generally has some of the best car insurance rates in Missouri at around $662 each year. The Hartford, Allied, Electric, and Auto-Owners would also make the list of some of the cheaper Missouri insurance companies.

As the rates illustrate above, if you have coverage with Electric and switched to USAA, you might realize an annual premium reduction of around $213. Insureds with Auto-Owners may save as much as $375 a year, and Travelers customers might lower prices by up to $376 a year.

If you want to see how much you could save, click here to start your custom quote or quote rates from the companies below.

These estimates are averages for all types of insureds and vehicles and are not factoring in a price discount for college graduates. So the insurer that is most affordable for your situation may not even be included in the list above. That helps illustrate why you need to get quotes using your own specific driver and vehicle information.

The car, truck, or SUV that is being insured is one of the main factors that determines whether or not you can buy the cheapest auto insurance for college graduates in Missouri. Vehicles with limited speed and performance, a plethora of safety features, or a track record of few liability claims will cost less to insure than fast, unsafe models.

The tables below estimates insurance premiums for a selection of the more afforable automobiles to insure in Missouri.

Prices above based on single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Missouri minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Rate quotes do not factor in specific location which can modify premium rates noticeably.

Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Missouri minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Price estimates do not factor in your specific Missouri location which can alter premium rates substantially.

Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Missouri minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Rate quotes do not factor in Missouri location which can revise premiums noticeably.

Accidents and violations increase rates

The obvious way to maintain the cheapest auto insurance for college graduates in Missouri is to drive attentively and avoid accidents and traffic citations. The information below shows how speeding tickets and at-fault fender-benders can drive up insurance prices for different age groups. The premiums assume a single male driver, full coverage, $250 deductibles, and no other discounts are factored in.

In the prior example, the average cost of auto insurance in Missouri per year with no accidents and a clean driving record is $1,907. Get written up for two speeding tickets and the average cost rises to $2,527, an increase of $620 each year. Now get two accidents along with the two speeding tickets and the yearly cost of insurance for college graduates jumps again to an average of $4,800. That’s an increase of $2,893, or $241 per month, just for not keeping your driving record clean!

Missouri insurance companies

Picking the top insurance company can be difficult considering how many companies provide coverage in Missouri. The company rank data in the next section could help you select which companies to look at purchasing a policy from.

The rankings below are only made up of insurance companies that insure vehicles in the majority of U.S. states, so companies that may only write in Missouri are not included in these rankings. To compare prices and find cheaper insurance for college graduates, just click here.

Top 10 Large Auto Insurers in Missouri Ranked by A.M. Best Rating

1. USAA – A++
2. GEICO – A++
3. Travelers – A++
4. State Farm – A++
5. Esurance – A+
6. Allstate – A+
7. The Hartford – A+
8. Nationwide – A+
9. Progressive – A+
10. The General – A-

Top 10 Large Auto Insurers in Missouri Ranked by Value

1. USAA
2. GEICO
3. AAA Insurance
4. State Farm
5. Liberty Mutual
6. Safeco Insurance
7. Allstate
8. 21st Century
9. Travelers
10. The General

Which major car insurance company is best?

When buying car insurance for college grads in Missouri, four companies you’ll want quotes from are Geico, Progressive, Allstate, and State Farm. They all offer unique features and discounts that shoppers can choose from. The data below compares and contrasts pricing and service ratings, as well as optional policy coverages .