In addition to liability insurance, Missouri also requires insurance companies to include coverage for uninsured motorists. The consequences of driving without insurance exceed the monthly insurance premium and may result in the following penalties. In some states, your vehicle can be towed and you won't be able to claim it until you present proof of insurance. As severe as these penalties are, they pale in comparison to the financial impact you could suffer if you have a car accident and don't have car insurance.
If you can't drive your car because of a covered loss, this coverage helps pay for a car rental or other transportation expenses so you can get back on the road. Uninsured driver coverage protects you and your passengers if you are hit by an uninsured or underinsured driver, or if you are the victim of a driver who hits the road. The terms, definitions and explanations of insurance are for informational purposes only and do not replace or modify in any way the definitions and information contained in the individual pages of contracts, policies or insurance statements, which are decisive. Some car insurance qualifying factors, such as your driving history, can significantly affect your insurance costs.
People who are injured because of their driving can sue you for damages in excess of your minimum liability coverage. However, you can purchase collision coverage to help repair or replace your vehicle after an accident, regardless of who caused it. Fault drivers often rely on liability insurance to pay for damages, which is why Missouri law requires car owners and drivers to have a minimum amount of liability insurance or to show proof of financial responsibility. It protects you in the event of an accident in which the other party is at fault and does not have sufficient insurance.
It protects you in the event of an accident where the other party is at fault and has no insurance. Liability coverage covers the injuries, property damage, and other losses you cause in a car accident, up to the limits of coverage. With Nationwide, it's easy to customize your policy with affordable Missouri auto insurance options. While the minimum car insurance requirements in Missouri are predefined, they are not intended to be a limit on the amount of coverage you can or should get.
Leave Reply