Missouri car insurance rates are affected by several factors. The most important one is the car insurance applicant’s driving history, since an insurance company looks at the way a person has behaved behind the wheel in the past to determine what will happen in the future. Drivers who have clean records will be able to qualify for better car insurance rates, but being involved in an at-fault accident or being charged with a DUI offense will put a driver into a higher risk category. He or she will be paying higher rates for Missouri car insurance coverage for the next several years.
Along with the driver’s record, a car insurance company will look at his or her age and gender. Young drivers are more likely to be involved in accidents and make claims, so they are charged higher rates for their coverage. Young males pay the highest rates of all, since statistics show that as a group they are the most likely to be involved in accidents. Once a young person reaches his or her 25th birthday, the rates they pay for coverage should start to drop.
Some cars are more expensive to insure because they cost more to repair or are more likely to be targeted by thieves. If you are in the market for a new vehicle, contact a few Missouri car insurance companies to get quotes for your coverage. It will help you determine whether you can afford the vehicle you are thinking about.