Missouri Auto Insurance Guide

Auto insurance in Missouri is not necessarily a requirement. You can choose to have an auto insurance policy through an auto insurance company or you can choose to self-insure. This is to insure that the safety of those driving in Missouri and it also helps to keep the auto insurance premiums down. If you choose to self-insure this means that you are taking on the burden of providing financial coverage to any damage or injury that happens as a result of a car accident involving you and your vehicle. If you are unable to provide proof of the required auto insurance coverage, you could face a penalty being assessed to your driver's license and even a suspended drivers license.

Missouri Insurance Regulations

Auto insurance requirements are for your safety and for the safety of those around you. If you choose to get auto insurance through an auto insurance company, you will have to meet the auto insurance requirements. These regulations include $25,000 per person and $50,000 for two or more people for bodily injury and $10,000 for property damage. You must also get uninsured motorist coverage of at least $50,000 for bodily injury per accident. If you choose this option, you must be sure to carry proof that you meet these auto insurance requirements.

Mandatory Minimum Coverage in Missouri

The mandatory minimum for auto insurance laws in Missouri is 25/50/10, $25,000 for bodily injury to one person, $50,000 for bodily injury to two or more people and $10,000 to cover property damage and the ability to show proof of auto insurance if involved in an accident and if the authority requires it. You could face the suspension of your license and a penalty for not having this proof available. Therefore, just to be certain, you should carry a copy of your proof of insurance with you and in your auto.

Motorcycle Coverage Requirements in Missouri

In some states motorcycle coverage is not a requirement however motorcycle coverage in Missouri is required. It is the same requirement as automotive insurance coverage. Aside from your automobile insurance, you must have a separate policy for your motorcycle. You must have compulsory liability with a minimum of 25/50/10.

Missouri Auto Insurance Advice

You should either purchase the amount of coverage you need from an auto insurance company or if you choose to self insure, you can post a surety bond, get any type of security worth at least $60,000 and have it at the state of Missouri's department of revenue and also be sure to get a self insured ID card from the state of Missouri's Department of Revenue so that you can have proof that you are self insured and not just saying so.