Missouri Auto Insurance Requirements

Missouri drivers must be able to show proof that they have at least the minimum state required insurance covering their vehicle. Failing to show this type of proof will result in a citation when you fail to show proof. This will go on your driving record which could potentially raise your premium rates. Then you will have court to prove to the state that you do carry the required insurance. If you still fail to show proof you may lose your license for an extended period of time.

The minimum coverage for liability insurance in the state of Missouri are $10,000 for property damage per accident, $25,000 for one person injuries, and $50,000 for multiple injuries. You must also carry uninsured motorist coverage of up to $25,000 for one injury and $50,000 for all injuries. There are other ways you can meet insurance requirements. You can post a bond or deposit of $60,000 with the state which you must surrender if you are in an accident. You may also get a self-insurance ID card from the state or file a bond on real estate with the state. Missouri government gives you several different ways in which you can meet its qualifications to give you options other than paying an insurance company.

In order to drive legally in the state of Missouri you must obtain one of these types of financial responsibility proofs. These guidelines are put in place to protect you and others that drive on public highways and land. Each state is required to have some sort of guideline when it comes to auto insurance.

PURCHASING INSURANCE

If you so choose to purchase liability insurance in the state of Missouri you should check the rates of several different insurance companies before making you final purchase. You can save yourself money by taking the time to compare rates of insurance. Taking these steps will insure that you are getting the best insurance at the best rate for your money.