Who Has Cheap Auto Insurance for Retired Military in Kansas City?

Shopping around for budget insurance is easier said than done, and determining which company offers the best insurance rates for retired military may require even more diligence.

Each insurance company has their own process to establish rates, so let’s begin by examining the insurance companies with the most affordable rates in Kansas City.

Best Cheap Insurance Rates for Vets

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Rankings for the cheapest Missouri auto insurance companies
Rank Company Cost Per Year
1 USAA $648
2 The Hartford $817
3 Electric $841
4 Allied $875
5 Auto-Owners $997
6 Travelers $1,028
7 MO Farm Bureau $1,063
8 Nationwide $1,109
9 Farmers $1,117
10 Cameron Mutual $1,190
11 State Farm $1,258
12 American Family $1,291
13 Shelter $1,404
14 Safe Auto $1,405
15 Progressive $1,410
16 Safeco $1,412
17 GEICO $1,448
18 MetLife $1,458
19 California Casualty $1,469
20 Auto Club $1,518
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USAA has some of the cheapest car insurance rates in Kansas City at around $648 annually. This is $614 less than the average rate paid by Missouri drivers of $1,262. The Hartford, Electric, Allied, and Auto-Owners would also be considered some of the lowest-priced Kansas City, MO auto insurance companies.

As depicted above, if you buy coverage from Allied and switched to USAA, you might achieve annual savings of upwards of $227. Customers with Auto-Owners may save as much as $349 a year, and Travelers policyholders might realize rate reductions of up to $380 a year.

It’s important to note that these rates are averages for all insureds and vehicles and and are not figured with a specific vehicle garaging location for retired military. So the auto insurance company that is most affordable for your situation may not even be in the top 23 companies in the list above. That illustrates why you need to get car insurance quotes using your own personal information and vehicle type.

The vehicle you are seeking coverage for is probably the most important factor that determines if you can find the best cheap auto insurance for retired military. Vehicles with higher performance characteristics, poor passenger safety features, or an increased likelihood of liability claims will cost much more to insure than safer models.

The data below ranks coverage rates for some of the more affordable vehicles to buy insurance for.

Cheapest Vehicles to Insure in Kansas City, MO
Vehicle Make and Model Estimated Cost for Full Coverage
Ford Escape Limited 2WD $1,228
Hyundai Elantra GLS Touring Station Wagon $1,317
Dodge Grand Caravan CV $1,346
Ford F-150 XL Regular Cab 4WD $1,355
Honda CR-V EX 4WD $1,393
Ford Focus S 4-Dr Sedan $1,396
Volkswagen Jetta S 2.5 Station Wagon $1,433
Chevrolet Malibu LT $1,450
Toyota Prius $1,462
Ford Explorer XLT 2WD $1,475
Ford Edge SE AWD $1,527
Honda Odyssey Touring $1,536
Toyota RAV4 4WD $1,559
Toyota Tacoma 2WD $1,566
Dodge Ram Quad Cab ST 2WD $1,581
Jeep Grand Cherokee Laredo 2WD $1,601
Chevrolet Silverado Crew Cab Hybrid 4WD $1,630
Toyota Camry Hybrid $1,640
Kia Optima SX $1,630
Nissan Altima 2.5 S 4-Dr Sedan $1,645
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Data rating is based on single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Missouri minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Rate quotes do not factor in vehicle garaging location which can alter premium rates considerably.

Looking at the data, models like the Ford Escape, Hyundai Elantra, and Dodge Grand Caravan will definitely be a few of the cheaper vehicles to insure for veterans.

For veterans, one of the big criteria that are looked at to determine the price you pay for insurance is where you live. More populated areas tend to have higher rates, whereas less populated areas have the benefit of cheaper car insurance.

The information below shows the priciest cities in Missouri for retired military to buy an auto insurance policy in. Kansas City shows up at #5 with the yearly price of $1,257 for the average policyholder, which is about $105 per month.

How much does car insurance cost in Kansas City, MO?
Rank City Premium Per Year
1 Saint Louis $1,474
2 Florissant $1,401
3 University City $1,366
4 Raytown $1,316
5 Kansas City $1,257
6 Independence $1,251
7 Chesterfield $1,244
8 Wildwood $1,238
9 Mehlville $1,235
10 Ballwin $1,208
11 Liberty $1,189
12 Kirkwood $1,187
13 Lee’s Summit $1,181
14 Saint Joseph $1,168
15 Wentzville $1,134
16 Joplin $1,126
17 Blue Springs $1,126
18 O’Fallon $1,123
19 Springfield $1,119
20 Saint Charles $1,107
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Rates are estimated as the specific Kansas City residence address can affect premium rates greatly.

The diagram below illustrates how your choice of deductibles can raise or lower premium costs when quoting cheap insurance for retired military. The data assumes a married female driver, comprehensive and collision coverage, and no discounts are taken into consideration.

As shown above, a 40-year-old driver could reduce rates by $216 a year by increasing from a $100 deductible to a $500 deductible, or save $328 by switching to a $1,000 deductible. Even younger drivers, such as the 20-year-old chart data, could shave up to $542 or more by choosing larger deductibles on their policy. If you make the decision to raise deductibles, it is necessary to have spare funds to be able to pay the extra out-of-pocket expense, which is the one shortcoming of high deductibles.

Types of discounts on Kansas City insurance

Discounts on insurance for retired militaryInsurance providers that sell policies for retired military may also provide special discounts that could potentially reduce rates by as much as 35% or more if you meet the requirements. Companies and their possible discounts can be found below.

The diagram below shows the difference between yearly insurance costs with and without discounts applied. The rate quotes are based on a female driver, no driving violations, no at-fault accidents, Missouri state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows insurance cost with no discounts. The second shows the rates with multiple vehicle, passive restraint, vehicle safety, safe-driver, anti-theft, and defensive driving course discounts applied. When taking advantage of discounts, theamount saved on insurance for retired military is 28% or $538.

Insurance rates are higher with tickets and accidents

The easiest way to maintain good insurance prices for veterans is to drive safe and avoid accidents and keep your driving record clean. The chart below highlights how traffic violations and accident claims can raise yearly insurance costs for each age group. The premium estimates are based on a married female driver, full coverage, $250 deductibles, and no additional discounts are factored in.

In the example above, the average cost of an auto insurance policy in Missouri per year with a clean driving record and no accidents is $1,441. Receive one speeding ticket and the average cost rises to $1,678, an increase of $237 each year. Then include one accident along with the one speeding ticket and the yearly cost of insurance for retired military goes up to an average of $2,352. That’s an increase of $911, or $76 per month, just for not keeping your driving record clean!

How to find the cheapest auto insurance for retired military

The list below shows some of the better money-saving suggestions that can help Kansas City drivers quote cheaper coverage.

That last piece of advice is particularly critical, as was stressed in the prior article. Car insurance rates fluctuate constantly, so don’t hesitate to switch companies if a lower-cost policy is available.

Having a favorite company is great, but it’s not a good idea if it’s costing you several hundred dollars every year. Now is a great time to compare rates and find cheaper car insurance for retired military in Kansas City.