Missouri Auto Insurance
Keeping car owners safe in MO
Liability insurance is a requirement for MO car insurance. Whether the driver purchases a standard policy for an insurance company, or provides self-insurance, it is a mandatory requirement. The state has placed these requirements on drivers to minimize loss, keep drivers safe, and keep premiums low.
Missouri minimum liability auto insurance amounts
Drivers are required to show proof of MO auto insurance coverage in order to register their vehicle or renew license plates. In addition to the required liability coverage of 25/50/10, meaning $25,000 for each person injured, $50,000 maximum coverage for each accident, and $10,000 for property damage costs, drivers are encouraged to purchase additional coverage, such as PIP, Personal Injury Protection, should the accident injuries and damages exceed the minimum policy limits. Drivers must also carry uninsured or underinsured motorist coverage in the state.
Meeting car insurance requirements in Missouri
An interesting note is that there are several ways that drivers can comply with the Missouri auto insurance laws, other than purchasing the standard liability coverage. Drivers are able to:
- Post a surety bond, deposit of money certificate, or another type of security bond in the amount of $60,000 with the Missouri Department of Revenue.
- Obtain a self-insurance identification card from the Department of Revenue
- File a real estate bond with the Department of Revenue.
It is essential that drivers in Missouri provide proof of insurance to protect themselves and their assets. Failing to provide proof of auto insurance in Missouri can result in points against your driver's license and possible suspension of your driver's license for up to a year.
For more information, request a quote from the friendly advisors at missouri-auto-insurance.com; one of our staff members can give you the information you need to get the right coverage for your vehicle.