(800) 253-1482Missouri Collision Insurance
Summary: In Missouri, liability insurance is legally required, but it only covers damages to others' property and injuries, leaving you responsible for repairs to your own vehicle. Collision insurance, while optional, is essential for covering accident-related repairs and is often required by lenders for financed vehicles. There are other forms of auto insurance available for specific perils, as no particular coverage is going to protect against everything. Overall, adding collision coverage is a great way to gain peace of mind for your own vehicle. By comparing your options, you'll find affordable, trustworthy coverage that saves you money while protecting your vehicle. Estimated Read Time: 5 mins
Paying to repair your vehicle after an accident is a financial setback no one wants to face, however, with collision insurance, you don’t have to face it alone.
It doesn’t matter if you’re at fault or not, collision coverage is going to help get you back on the road quicker and without having to pay for all of the repairs out of pocket.
Below, we’re taking a closer look at how drivers in Missouri can benefit from adding auto collision insurance to their policies.
What Is Collision Insurance for Missouri Drivers?
Regardless of who is at fault in an accident, collision insurance will restore your vehicle in the aftermath so that you don’t have to pay for all of the repairs out of pocket.
You’ll need to cover your deductible first, but your insurance company will provide you with reimbursement to alleviate the burden and restore your vehicle as it was before.
With rising labor and material costs, having collision coverage is more important than ever to avoid costly expenses for your vehicle's repairs.
Get Quotes on Collision Insurance in Missouri
Collision coverage is an affordable Missouri auto insurance option that better protects your vehicle after an accident.
However, how much you pay is going to be different for each driver and will vary among carriers.
We’ve partnered with several top-rated auto insurance companies throughout Missouri that help you get personalized protection at the lowest price possible.
Get a free online auto insurance quote today by clicking the link or using our free, no-obligation tool below.
Remember, if you’d like to speak with a real person, you can always ask an agent to learn more about your options by calling the number above.
You can also save on premiums by bundling your auto coverage with homeowners insurance in Missouri, by enrolling in a full coverage insurance bundle, or through multi-policy car insurance discounts.
How to Find the Cheapest Full Coverage Car Insurance in Missouri
Collision insurance helps you cover the cost of your damaged vehicle after an accident. This includes wrecks when you’re at fault.
Suppose you’re in an accident in Missouri. In that case, insurance companies are going to determine who is at fault and by doing so, who is responsible for covering the damages to the other party.
Your policy protects against a variety of incidents, from collisions with other vehicles to hitting objects like trees or buildings, and even single-vehicle rollovers.
The focus is on your own vehicle's damage, with coverage kicking in after you pay a deductible.
Deductibles typically range from $500 to $2,000, with higher deductibles reducing monthly premiums.
Your policy limit is based on your vehicle's actual cash value (ACV), which accounts for depreciation.
Keep in mind, that collision insurance only covers your vehicle's damages, not others' property or vehicles.
What Isn’t Covered by Missouri Collision Coverage
While collision insurance can repair your vehicle after an accident, it doesn’t cover everything.
Your policy won’t pay for damage to another party’s property, bodily injuries, or damage from non-accident events like flooding, hitting an animal, or vandalism.
Injuries from hit-and-runs and accidents with uninsured drivers also aren’t covered, though alternative auto insurance coverage options are available.
If your vehicle is totaled, collision coverage won’t pay off your loan either, but gap insurance will, so you may want to look into these options if you are at risk.
Full coverage, which combines collision, comprehensive, and liability protection, maybe a great option if you want to cover more potential perils.
Ultimately, collision insurance coverage is important, but it’s just one part of a complete auto policy.
Do I Need Collision Insurance in Missouri?
If you’re financing a vehicle, the lender often requires collision damage insurance.
Drivers who can’t afford to be without a vehicle may also benefit from collision coverage, as repairs can bring hefty financial burdens to those who cannot afford a substantial loss.
It’s especially useful for newer vehicles or those with high blue book values if you can’t handle the full cost of repairing your car after an accident.
Collision insurance provides peace of mind to Missouri drivers while out on the road by reducing the potential for financial risk after an accident.
Assessing your risk tolerance can help you decide if collision coverage is right for you.
Does Missouri Require Collision Insurance?
You don’t have to enroll in collision coverage if you don’t want to. There is no law in Missouri mandating the coverage making it optional. However, car collision coverage can be a crucial safety net for many drivers.
As long as you meet the state’s required liability coverage minimums, you’re legally allowed on the road, but this only covers damages or injuries you cause to others.
If you’re involved in an accident—whether it’s your fault or not—without collision coverage, you could be left paying for repairs to your own vehicle entirely out of pocket.
The one exception Missouri drivers should account for, however, is that if you purchase your vehicle with a loan or lease your vehicle, collision insurance might be mandatory.
If you’re financing your car, most lenders require collision insurance to protect their investment, ensuring that the car can be repaired or replaced if needed.
For many, the cost of adding collision auto coverage is well worth avoiding the burden of hefty repair bills after an accident, regardless of whether or not it’s mandatory by state law.
Comparing Collision Insurance With Other Coverages in Missouri
In Missouri, liability insurance is mandatory, but adding comprehensive insurance and collision coverage offers extra protection for your vehicle that can also help.
Full coverage, which typically combines all three coverages, provides broader protection and may come with discounts.
If you’re looking for auto insurance, it’s important to compare all of your carrier options as well as the different types of coverage available.
Understanding your risks and needs will help you determine the right level of protection for your vehicle:
- Liability covers damages to others when you're at fault, while collision takes care of repairs to your vehicle after an accident.
- Comprehensive coverage steps in for non-accident damage like weather, vandalism, or hitting a deer.
- Remember, Missouri drivers with only liability auto insurance risk paying out-of-pocket for repairs to their own vehicles.
For complete peace of mind, adding collision ensures you're covered against more possible losses.
To better understand whether or not collision coverage is right for you, be sure to compare the pros and cons below:
