Missouri Car Insurance Explained

blue car rear ending a black car

Car insurance is a useful tool that can protect yourself financially in the event of an accident. If you are involved in a collision, car insurance can help pay for vehicle repairs, medical expenses, and even legal fees. Without insurance, you would be responsible for all of these costs yourself. In most states, it is even illegal to drive without car insurance.

Minimum Requirements in Missouri

In Missouri, all drivers are required to have a minimum amount of car insurance. Drivers can choose to purchase additional coverage beyond the minimum requirements, but all drivers must at least have the following minimum amount of insurance:

Insurance TypeMinimum Coverage
Bodily Injury Liability$25,000/$50,000
Property Damage Liability$25,000
Uninsured Motorist$25,000/$50,000

Different Types of Coverage

There are many different types of car insurance available, and it can be challenging to understand all of the options. However, it is important to be knowledgeable about car insurance to make the best decision for your needs.

Bodily Injury Liability

Bodily injury liability insurance is mandatory for all drivers. This type of insurance helps cover the costs of medical treatment for injuries sustained in a car accident caused by the insured. It can also help to pay for lost wages and funeral expenses.

Property Damage Liability

Property damage liability is a type of insurance coverage that helps to protect the policyholder from financial losses if they cause damage to someone else's property. However, property damage liability only covers damage caused by the policyholder. It does not cover any damage that the policyholder may suffer themselves. It is recommended to have other types of insurance coverage in place.

Uninsured/Underinsured Motorist

Uninsured/Underinsured Motorist coverage provides coverage for damages and injuries caused by drivers who do not have enough liability insurance to cover the cost of an accident or do not have insurance altogether. In some cases, it can also provide coverage if the other driver flees the scene of an accident. Uninsured and underinsured motorist protection insurance protects drivers from the financial burden of being involved in an accident with a driver who does not have adequate insurance coverage.

Collision and Comprehensive

Collision insurance covers damage to your vehicle that occurs due to a collision with another object, while comprehensive insurance covers damage from non-collision events such as theft, vandalism, or weather. Together, these two types of insurance can help protect you from financial losses caused by unexpected damage to your vehicle.

Medical Payments

Medical payment car insurance is a type of insurance that helps cover the policyholder's medical expenses and any passengers involved in an accident. This type of insurance is not required by law in Missouri, but it can provide valuable coverage for those involved in an accident.

Missouri Car Accident Attorneys

If you or a loved one has been involved in a car accident, you may feel uncertain of what to do next. The experienced team at Kolker Law Firm can help. We will work diligently to get you the compensation you deserve. We understand the physical, emotional, and financial toll that car accidents can take on victims and their families, and we will do everything we can to help you get your life back on track.

Call us today at (314) 684-8285 or fill out a form online for a free initial consultation.

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