The most expensive coverage doesn't necessarily mean the best coverage, so here's a breakdown of everything you should know about cheap auto insurance in Missouri. Mark Fitzpatrick is senior content director at MoneyGeek with more than five years of experience analyzing the insurance market, conducting original research and creating content that can be customized for each buyer. If, instead, you're looking for a policy that balances quality with affordability, MoneyGeek also ranked Missouri's top auto insurance companies. However, these requirements may vary from company to company, so it's best to check with your leasing company to find out what insurance requirements they have.
He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable. This inspection is mandatory in some states before insuring a car to protect the car owner and the insurance company, but in Missouri, drivers don't need to have a CARCO inspection. In Missouri, some of the most important car insurance rules and requirements you should know are found in the answers to these frequently asked questions. This coverage helps reimburse you for rental expenses if your vehicle is in the workshop to be repaired due to a covered loss.
State drivers are legally required to show proof of car insurance to a law enforcement official if requested. This means that even if your vehicle is driven by someone else, your liability insurance will take effect if you are involved in an accident. Leasing companies in Missouri may have their own specific minimum car insurance requirements that you must meet before you can lease a car. In Missouri, all bodily injury liability, personal injury liability, and uninsured motorist coverages apply to the car.
If your insurance doesn't comply with state insurance laws, you could face penalties that can include jail time, fines, and the suspension of your license and registration. Comprehensive coverage helps cover damage to your vehicle caused by events that don't involve a collision, such as theft, acts of vandalism and natural disasters, such as hailstorms. Having UM coverage, which covers the driver in the event of an accident with an uninsured driver, helps ensure that they will be reimbursed if the other driver does not have insurance. The at-fault driver is responsible for the expenses incurred after the accident, and your insurer will pay the other driver up to the limits indicated in the insurance policy.