Best Insurance for Teen Drivers in Missouri

One of the most important decisions that parents of teen drivers have to make is choosing the best auto insurance for their young drivers. Teen drivers are considered high-risk by insurance companies because they are more likely to cause accidents and file claims than experienced drivers. Therefore, they face higher insurance rates than older drivers. However, not all insurance companies charge the same rates for teen drivers, and some offer discounts and benefits that can help lower the cost of coverage. In this article, we will compare in detail the major auto insurance companies that have the best auto insurance for teen drivers in Missouri and the average annual cost of insurance for teens offered by the major auto insurance companies. We will also provide citations for our sources of information.

According to U.S. News & World Report, the average annual insurance rate for Missouri drivers is $1,831, which is higher than the national average of $1,442. However, this rate can vary significantly depending on the driver's age, gender, driving record, credit history, ZIP code and other factors. For teen drivers, the average annual rate in Missouri is $5,027 for females and $5,996 for males. These rates are based on a study conducted by Quadrant Information Services that analyzed rates from 10 major insurers in Missouri for a 17-year-old driver with a full coverage policy.

The cheapest car insurance company for teen drivers in Missouri is USAA, which offers an average annual rate of $728 for a full coverage policy. However, USAA is only available to military members and their families, so it may not be an option for everyone. The next cheapest car insurance company for teen drivers in Missouri is State Farm, which offers an average annual rate of $1,304 for a full coverage policy. State Farm also offers discounts for good students, safe drivers and students who complete a driver education course.

Another car insurance company that offers competitive rates and discounts for teen drivers in Missouri is American Family Insurance. According to USA Today, American Family Insurance offers an average annual rate of $1,492 for a full coverage policy for teen drivers in Missouri. American Family Insurance also offers discounts for good students, young volunteers, teens who sign a safe driving contract with their parents and teens who enroll in the Teen Safe Driver program, which monitors their driving habits through a smartphone app.

Other car insurance companies that offer relatively low rates and discounts for teen drivers in Missouri are Nationwide, Travelers and Geico. Nationwide offers an average annual rate of $1,340 for a full coverage policy for teen drivers in Missouri, and discounts for good students and safe drivers. Travelers offers an average annual rate of $1,333 for a full coverage policy for teen drivers in Missouri, and discounts for good students, driver training and multi-policy bundling. Geico offers an average annual rate of $2,022 for a full coverage policy for teen drivers in Missouri, and discounts for good students, driver education and multi-vehicle policies.

In conclusion, choosing the best auto insurance for teen drivers in Missouri depends on several factors, such as the driver's age, gender, driving record, credit history and ZIP code. However, some car insurance companies offer lower rates and more discounts than others for teen drivers. Based on our research, USAA, State Farm and American Family Insurance are among the best car insurance companies for teen drivers in Missouri. However, it is always advisable to compare quotes from multiple insurers before making a final decision.

Citations:

: Best Cheap Car Insurance in Missouri for 2023 | U.S. News

: Best car insurance for teens of 2023 - USA TODAY