InsuranceFiling
← Insurance laws by state

Missouri insurance laws

Insurance regulations, rate filing requirements, department info, and recent bulletins for Missouri. Updated Mar 31, 2026.

Department of Insurance

DepartmentMissouri Department of Commerce and Insurance
CommissionerAngela L. Nelson
Rate Filing SystemFile & Use
Regulatory CodeRSMo Title XXIV §§ 374-385 (Insurance)
Overview

Missouri operates under a File & Use rate system for most insurance lines, allowing insurers to implement rates upon filing with the Department of Commerce and Insurance. The state has a competitive insurance market with strong consumer protection laws, including the Unfair Claims Settlement Practices Act (§§ 375.1000-375.1018) and comprehensive data security requirements effective January 1, 2026. Missouri expanded Medicaid in 2021 and participates in the federal health insurance marketplace.

Auto Insurance

Min Pd$25,000
Pip Min$0 (not required)
StatuteRSMo § 303.025
Fault SystemTort
Min Bi Per Person$25,000
Uninsured PenaltyUp to $500 fine, 4 points on driving record, license suspension, SR-22 requirement
Min Bi Per Accident$50,000
Sr22 Duration Years2
Noncompliance PenaltyInsurers violating RSMo § 374.049 face civil penalties: Level 1 violations up to $1,000 per violation; Level 2 up to $2,500; Level 3 up to $5,000; Level 4 up to $10,000 per violation with aggregate up to $250,000 per annum. License suspension or revocation possible under RSMo § 374.046.
Rate Filing RequirementFile & Use: Rates filed with Department and may be used immediately. RSMo § 379.318 requires rates not be excessive, inadequate, or unfairly discriminatory.
Avg Full Coverage Premium$2,481

Notable Laws

  • RSMo § 303.025 - Mandatory financial responsibility for all motor vehicle owners
  • RSMo § 303.390 - 'No Pay, No Play' law: uninsured motorists cannot collect non-economic damages
  • RSMo § 303.041 - SR-22 filing requirements for high-risk drivers
  • RSMo § 379.118 - 10-day cancellation notice requirement for non-payment of premium
  • RSMo § 302.302 - Point system for traffic violations and insurance verification

Homeowners Insurance

StatuteRSMo §§ 379.1-379.952
Wind PoolNone
Fair Plan NameMissouri FAIR Plan
Noncompliance PenaltyInsurers violating unfair claims practices under RSMo §§ 375.1000-375.1018 or cancellation notice requirements face penalties under RSMo § 374.049: up to $10,000 per Level 4 violation, aggregate $250,000 per annum, plus possible license suspension.
Rate Filing RequirementFile & Use: Property insurance rates filed with Department per RSMo § 379.318. Rates must not be excessive, inadequate, or unfairly discriminatory.

Notable Laws

  • RSMo § 379.883 - 60-day notice requirement for policy cancellation or non-renewal
  • RSMo § 379.118 - 10-day notice for cancellation due to non-payment of premium
  • RSMo § 375.918 - Credit scoring allowed for underwriting and rating with restrictions
  • SB 3 (2025) - Homestead Disaster Tax Credit for insurance deductibles up to $5,000 for 2025 claims
  • RSMo § 379.886 - 90-day notice to director for cancellation of entire line or class

Recent Bulletins

Conduent Cybersecurity Breach

#26-052026-03-17

Notice regarding Conduent cybersecurity breach discovered January 13, 2025, affecting files with names, addresses, and social security numbers. Unauthorized access occurred from October 21, 2024 to January 13, 2025.

View bulletin

Claims Valuation Software

#26-042026-03-17

Guidance for insurers using third-party valuation software to determine actual cash value (ACV) of vehicles designated as total losses. Outlines best practices to ensure compliance with Missouri Unfair Claims Settlement Practices Act (§§ 375.1000-375.1018).

View bulletin

Annual Statistical Reporting Requirements

#26-032026-02-04

Reminder to all insurers of annual statistical reporting obligations with various deadlines: March 1st, March 31st, April 1st, April 15th, July 1st, and quarterly reporting requirements.

View bulletin

Updated Catastrophe/Disaster Coordination Contact

#26-022026-01-27

Requests insurers provide current Catastrophe/Disaster Coordination Contact information in anticipation of spring storm season using UCAA Form 14.

View bulletin

Insurance Data Security Act

#26-012026-01-05Effective: 2026-01-01

Guidance on Insurance Data Security Act implementation, including electronic form for reporting cybersecurity events, third-party service provider notifications, and scope of licensee definitions. Act took effect January 1, 2026.

View bulletin

Recent Law Changes

SB 792025Health

Farm Bureau Health Benefit Plans

Allows Missouri Farm Bureau to offer health benefit plans to members exempt from certain insurance regulations. Plans may exclude pre-existing conditions and limit benefits. Signed July 14, 2025.

Farm Bureau members can purchase alternative health plans with fewer regulatory requirements but potentially less comprehensive coverage than ACA-compliant plans.

Effective: 2025-08-28

HB 9742025Commercial

Insurance Data Security Act

Establishes comprehensive data security requirements for insurance companies (licensees), including cybersecurity programs, third-party service provider oversight, and mandatory breach notification within 4 business days. Signed July 2, 2025.

All insurance licensees must implement formal cybersecurity programs and report qualifying cybersecurity events to the Department, increasing compliance obligations and operational costs.

Effective: 2026-01-01

SB 32025Homeowners

Homestead Disaster Tax Credit

Creates tax credit for insurance deductibles on residential property damage caused by disasters in 2025, up to $5,000 per taxpayer. Signed during 2025 special session.

Homeowners who filed insurance claims for 2025 storm damage can claim tax credit equal to their deductible (max $5,000), providing financial relief to disaster victims.

Effective: 2025-01-01

SB 1012024Property & Casualty

Property and Casualty Insurance Omnibus Bill

Enacts multiple provisions including lender-placed insurance requirements, insurance company demutualization procedures, and standard fire policy applications. Signed August 28, 2023 (enacted in 2024).

Insurers must comply with new lender-placed insurance transparency requirements and standardized procedures for mutual insurance company conversions.

Effective: 2025-01-01

Bulletin 24-072024Life

Suitability in Annuity Transactions

Adopted amendments to 20 CSR 400-5.900 incorporating 'Best Interest' standard for annuity sales, requiring producers to act in consumers' best interests when recommending annuities. Effective August 30, 2024.

Annuity producers must meet higher suitability standards, conduct comprehensive needs assessments, and document best interest determinations for all annuity recommendations.

Effective: 2024-08-30

Health Insurance

Sign up for full health insurance data

Sign up — it's free

Life Insurance

Sign up for full life insurance data

Sign up — it's free

Workers Compensation

Sign up for full workers compensation data

Sign up — it's free

Commercial Insurance

Sign up for full commercial insurance data

Sign up — it's free

Get full Missouri insurance data

Health, life, workers comp, commercial lines, compliance penalties, rate filing requirements, and real-time DOI monitoring for all 51 jurisdictions.

Sign up — it's free