Missouri has major interstates running through it and because of that, it is one of the most traveled states in America. Of course, we cannot forget the heavy congestion found in the major cities like St. Louis. It is absolutely essential that drivers carry sufficient Missouri auto insurance to keep them protected. Even with a raise of approximately $35.00 Missourians still have one of the least expensive auto insurance rates in the nation. On average Missouri residents paid $1593.00 in auto insurance in 2007,and this amount was more than $300.00 under the country’s average!
Missouri Auto Insurance Requirements
The state of Missouri requires that each insured driver carry at least basic coverage on bodily injury and property damage in case they are at fault in an accident. The breakdown is set at 25/50/10.
- Bodily Injury Liability – The minimum coverage for Bodily Injury Liability, which the Missouri auto insurance company pays out on behalf of the driver that is at fault, is $25,000.
- The party at fault is insured for total amount of $50,000 for bodily injury sustained by more than one injured passenger in the other car.
- Property Damage Liability – The at fault driver’s Missouri auto insurance company will pay up to $10,000 for damages caused to the other vehicle, or for damage to private and public property such as personal homes, fences or road signs and guardrails.
These amounts are the minimum requirement, however, the state of Missouri recommends that its drivers take out more than the minimum coverage to take care of the ever-raising medical and property costs.
Not all States have the same level of bodily injury and property damage protection requirements, therefore the state of Missouri mandates that each driver in their state carry Uninsured /Underinsured Motorist coverage which will protect them against the driver at fault who may not have enough insurance coverage or no insurance coverage at all. UM protection will also pay for damages to their car caused by a hit and run driver.
