One of the many considerations that aid in calculating the amount you pay each year for auto insurance is the neighborhood you call home. More populated areas tend to have higher rates, whereas areas that tend to be more rural profit from lower rates.
The information below shows the most expensive cities in Missouri for homeowners to buy auto insurance in. Kansas City is listed at #5 with a yearly cost of $1,257 for the average policy, which is around $105 per month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Saint Louis | $1,430 |
| 2 | Florissant | $1,416 |
| 3 | University City | $1,352 |
| 4 | Raytown | $1,316 |
| 5 | Kansas City | $1,257 |
| 6 | Independence | $1,251 |
| 7 | Ballwin | $1,244 |
| 8 | Mehlville | $1,222 |
| 9 | Chesterfield | $1,220 |
| 10 | Wildwood | $1,214 |
| 11 | Kirkwood | $1,199 |
| 12 | Liberty | $1,165 |
| 13 | Joplin | $1,160 |
| 14 | Lee’s Summit | $1,146 |
| 15 | Wentzville | $1,145 |
| 16 | Blue Springs | $1,138 |
| 17 | Saint Joseph | $1,134 |
| 18 | O’Fallon | $1,134 |
| 19 | Saint Charles | $1,129 |
| 20 | Springfield | $1,086 |
| Find Cheaper Rates Go | ||
Price information shown is comparative as the specific area where the vehicle is garaged can revise coverage prices greatly.
Deciphering which companies offer the cheapest car insurance rates for homeowners takes a little more effort in order to find the lowest price.
Each insurance company has their own guidelines to determine rates, so we will examine the car insurance companies with the overall best prices in Kansas City.
Find Cheaper Auto Insurance for Homeowners
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $642 |
| 2 | The Hartford | $793 |
| 3 | Allied | $841 |
| 4 | Electric | $849 |
| 5 | Auto-Owners | $997 |
| 6 | Travelers | $1,008 |
| 7 | MO Farm Bureau | $1,063 |
| 8 | Nationwide | $1,098 |
| 9 | Farmers | $1,151 |
| 10 | Cameron Mutual | $1,190 |
| 11 | State Farm | $1,221 |
| 12 | American Family | $1,279 |
| 13 | Safe Auto | $1,363 |
| 14 | Progressive | $1,368 |
| 15 | Safeco | $1,384 |
| 16 | Shelter | $1,404 |
| 17 | GEICO | $1,448 |
| 18 | MetLife | $1,473 |
| 19 | California Casualty | $1,483 |
| 20 | Auto Club | $1,488 |
| View More Rates Go | ||
USAA may have some of the best car insurance rates in Kansas City at around $642 annually. This is $620 less than the average policy premium paid by Missouri drivers of $1,262. The Hartford, Allied, Electric, and Auto-Owners also rank well as some of the lowest-priced Kansas City, MO auto insurance companies.
As illustrated above, if you currently buy coverage from Electric and switched to USAA, you might achieve a yearly price reduction of upwards of $207. Missouri drivers with Auto-Owners could save as much as $355 a year, and Travelers insureds might realize rate reductions of up to $366 a year.
Bear in mind that those prices are averages across all ages of drivers and types of vehicles and are not factoring in an exact location for homeowners. So the auto insurance company that fits your needs best may not even be in the top 23 companies in the list above. That point stresses why you need to get rate quotes using your own individual information.
The vehicle to be insured is one of the primary factors when quoting the most affordable auto insurance for homeowners. Vehicles with high performance engines, a lack of advanced safety features, or a track record of large liability claims will cost significantly more to insure than safer models. The next list estimates car insurance premiums for the cheaper automobiles to insure.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLT 4WD | $1,310 |
| Honda CR-V EX 4WD | $1,498 |
| Toyota RAV4 Sport 2WD | $1,516 |
| Nissan Altima 2.5 4-Dr Sedan | $1,523 |
| Ford Explorer Eddie Bauer AWD | $1,544 |
| Toyota Corolla XLE | $1,596 |
| Honda Odyssey LX | $1,616 |
| Toyota Prius | $1,624 |
| Volkswagen Jetta 2.0T 4-Dr Sedan | $1,631 |
| Dodge Grand Caravan CV | $1,647 |
| Honda Civic DX 4-Dr Sedan | $1,709 |
| Toyota Camry Hybrid | $1,732 |
| Hyundai Sonata Limited 4-Dr Sedan | $1,740 |
| Kia Optima SX | $1,732 |
| Toyota Camry LE | $1,740 |
| Chevrolet Silverado 3500HD LT Crew Cab Diesel 2WD | $1,763 |
| Ford F-150 XLT Super Cab 4WD | $1,799 |
| Find Cheaper Rates Go | |
Data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Missouri minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Price estimates do not factor in vehicle garaging location which can influence rates noticeably.
Based upon the rates shown, we can expect models like the Ford Escape, Honda CR-V, and Toyota RAV4 will definitely be a few of the less-costly vehicles to insure for people who own their homes.
How accidents and tickets impact rates
A great way to obtain the best car insurance rates in Missouri for people who own their homes is to be an attentive driver and avoid tickets and accidents. The illustration below illustrates how violations and at-fault fender-benders can drive up car insurance costs for different insured age categories. The prices are based on a married female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are factored in.
The data in the chart shows the average cost of car insurance in Kansas City per year with no accidents and a clean driving record is $1,313. Add in one speeding ticket and the average cost increases to $1,531, an increase of $218 each year. Then add one accident along with the one speeding ticket and the 12-month cost of car insurance for homeowners increases to an average of $2,137. That’s an increase of $824, or $69 per month, just for not keeping your driving record clean!
Get discount Kansas City auto insurance
Insurance providers that offer coverage for homeowners may also give you special discounts that could lower prices by as much as 40% or more if you are eligible for them. Larger car insurance companies and the discounts they provide are detailed below.
- Progressive offers premium reductions for multi-policy, online quote discount, multi-vehicle, online signing, homeowner, and continuous coverage.
- Farmers Insurance includes discounts for switch companies, distant student, teen driver, homeowner, bundle discounts, and youthful driver.
- Farm Bureau has savings for youthful driver, multi-vehicle, renewal discount, 55 and retired, and safe driver.
- State Farm offers discounts including good student, anti-theft, Steer Clear safe driver discount, defensive driving training, and multiple autos.
- GEICO may include discounts for membership and employees, emergency military deployment, military active duty, multi-policy, five-year accident-free, and driver training.
- SAFECO may have discounts that include homeowner, drive less, bundle discounts, anti-lock brakes, teen safety rewards, multi-car, and safe driver.
- Liberty Mutual offers discounts for good student, new move discount, safety features, newly retired, new graduate, and teen driver discount.
The diagram below compares insurance costs with and without discounts being applied to the rates. The prices are based on a female driver, no accidents, no driving violations, Missouri state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with accident-free, vehicle safety, multiple policy, multiple vehicle, defensive driving course, and safe-driver discounts applied. When discounts are factored in, theamount saved on car insurance for homeowners is 28% or $361.
Cost difference between full coverage and liability
Paying less for car insurance is important to most drivers, and an easy way to buy cheaper insurance for homeowners is to buy only liability coverage. The illustration below illustrates the comparison of yearly insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The rate quotes are based on no claims or violations, $250 deductibles, single marital status, and no discounts are factored in.
If averaged out across all ages, comp and collision coverage costs an extra $1,405 per year over liability only. A very common question is if buying full coverage is a waste of money. There is no clear-cut formula of when to stop paying for physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of having full coverage is more than about 10% of the replacement cost minus the deductible, then it could be time to drop full coverage.
There are some conditions where only buying liability is not a good idea. If you still have a lienholder on your title, you have to carry full coverage to protect the lienholder’s interest in the vehicle. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should not drop full coverage.
Don’t stick with an overpriced policy
Kansas City car insurance rates are impacted by many things that will increase or decrease the price of your policy. Getting older, buying a different home, or getting a driving violation can trigger price changes that can now make some companies more affordable than competitors.
In addition to those changes, companies file new Missouri car insurance rates as needed as an adjustment for underwriting gains or losses. Unexpectedly high claims may cause rate increases, while less frequent claims can cause cheaper Kansas City car insurance rates.
For example, the chart below shows the companies that have the cheapest car insurance in Kansas City, MO for a 30-year-old male driver with no accidents or violations, and a good credit rating. When quoting prices based on his current risk factors, USAA has the lowest car insurance rates in Kansas City at $833 each year. This is $429 less than the average rate paid by Missouri drivers of $1,262. The Hartford, Allied, Electric, and Auto-Owners are the rest of the top five cheapest Kansas City, MO auto insurance companies.
The example below compares rates after we give the driver from above a claim surcharge, a little lower credit rating, and a few traffic violations. Since each auto insurer has a different formula for filing rates in each state, comparing insurance quotes may now result in a substantially altered list of the cheapest Kansas City car insurance companies as shown below.
MO Farm Bureau now has the cheapest auto insurance in Kansas City with Nationwide, Farmers, Cameron Mutual, and The Hartford also being competitive. This example demonstrates why consumers need to take the time to compare rates when trying to find affordable auto insurance rates for homeowners. Prices consist of many risk factors and change dramatically, so the best company three years ago may now be priced much higher than other options.
The insurance agencies listed below are willing to aid you in deciding which coverages are best, since some drivers have questions and prefer to get some professional advice when shopping for the best coverage for people who own their homes. It can be difficult to find the best policy yourself, so a professional agent can give you comfort knowing you have sufficient protection if you have a claim.
To find a Kansas City insurance agency nearest to you, click the button after the list.
- Andy Patton – State Farm Insurance Agent
5500 N Oak Trafficway #100 – Kansas City, MO 64118 – (816) 453-6220 - Chris Jones Insurance Agency
435 Nichols Rd #200 Kansas City, MO 64112 – Kansas City, MO 64112 – (816) 479-0212 - Debbie Baker Krough – State Farm Insurance Agent
6300 Walnut – Kansas City, MO 64113 – (816) 361-4200 - David Krough – State Farm Insurance Agent
600 W 103rd St #206 – Kansas City, MO 64114 – (816) 943-6166 - Antioch Insurance Agency
214 NE Barry Rd – Kansas City, MO 64155 – (816) 454-0400