The Cheapest Car Insurance in Mississippi for 2022

MoneyGeek gathered quotes from the biggest insurance companies in Mississippi to find the cheapest rates. The analysis shows that GEICO is the cheapest company for an average driver, and if you compare rates, you can save up to $877 annually.

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For a sample driver, GEICO offers the cheapest car insurance policies in the state. However, your car insurance rate depends on factors like driving history, coverage amount, age and credit score.

Travelers offers the most affordable car insurance plans for people looking for a full coverage policy in Mississippi and drivers with a traffic ticket. If you have a military background, USAA is the cheapest car insurance provider for you in Mississippi.

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Cheapest Minimum Liability Car Insurance in Mississippi

The most affordable car insurance in Mississippi is a minimum liability coverage policy. This meets the mandatory limits of the state.

The cheapest minimum liability car insurance coverage in Mississippi is offered by:

  • GEICO: $382 per year
  • Mississippi Farm Bureau: $410 per year

USAA is the most affordable car insurance option for military at roughly $296 per year but is only applicable to former and current members of the military.

The company with the highest minimum coverage rates is Metlife, which costs $782 per year.

Cheapest Minimum Car Insurance in Mississippi
  • Company
    Annually
    Monthly
  • 1.
    $296
    $25
  • 2.
    $382
    $32
  • 3.
    Mississippi Farm Bureau
    $410
    $34
  • 4.
    $433
    $36
  • 5.
    $479
    $40

These prices are only estimates based on rates for an average Mississippi driver and should not be used to compare insurance prices.

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Cheapest Full Coverage Car Insurance in Mississippi

A full coverage policy offers better liability limits than a liability-only policy. The policy comes with comprehensive and collision coverage, which protects you from most road or off-road accidents. A full-coverage policy costs more due to the high limits and added protection. To find the best rates, you may need to compare car insurance quotes from several companies.

Companies with the lowest average rates for full coverage in Mississippi are:

  • Travelers: $879 per year
  • Mississippi Farm Bureau: $887 per year

USAA is the most affordable option at an average of $646 per year but is only available for military members, veterans and their families.

Progressive is the most expensive option, costing $1,523 per year.

Cheapest Full Coverage Car Insurance in Mississippi

Your costs may be higher or lower than the prices listed. These figures are for a policy with comprehensive and collision insurance with $100,000 bodily injury liability coverage per person, $300,000 bodily injury liability coverage per accident and $100,000 property damage coverage per accident.

How to Compare Cheap Mississippi Car Insurance Quotes Online

Most insurance companies in Mississippi allow customers to request quotes through their websites.

  • Determine the level of coverage you need before you start shopping to ensure that you remain consistent with your limits across all insurers. If you get a quote for $100,000 in bodily liability insurance per accident from Travelers, use the same number when getting quotes from other insurers.
  • Using the MoneyGeek price data can help you to identify the best insurance company websites to contact. Without entering personal information, you can get an estimate for an average driver through MoneyGeek’s car insurance calculator. However, there is a need for more details to get a personalized quote.
  • According to MoneyGeek, the most inexpensive companies in Mississippi that may be worth exploring first are USAA, GEICO and Mississippi Farm Bureau.

Auto Insurance Calculator

State

Mississippi

Age

40

Driving Record

Clean

Credit Score

Excellent

Vehicle Type

Compact

Vehicle Year

2020

Liability Coverage

State Min

Comprehensive and Collision Insurance

None

Gender

Female

Click the section of the wheel in your price range to see options.

low end

on average

high end

Click your preferred price range to see company options.

Click an insurer below to visit their review page or continue to your personalized quote.

Company

Average Annual Rates

1.

USAA

$305

2.

GEICO

$399

3.

Mississippi Farm Bureau

$400

Cheapest Car Insurance for Drivers With a DUI in Mississippi

Mississippi drivers with serious traffic violations, such as a DUI, will pay higher car insurance premiums. On average, if you have a DUI, you will be charged an average of $1,953 per year compared to drivers with a clean history who pay $1,112.

The cheapest providers of full coverage car insurance in Mississippi for drivers with a DUI are:

  • State Farm: $1,127 per year
  • Travelers: $1,378 per year

USAA is the second most affordable option at roughly $1,138 per year but is only offered to military members.

In comparison, the most affordable rates for drivers with clean records come from USAA and Travelers.

Average Car Insurance Rates With a DUI

1,755 people died from 2009-2018 in alcohol-related car accidents in Mississippi. 1.4% of drivers in Mississippi say they have driven after drinking too much within the past 30 days.

The consequences of having a DUI in Mississippi could include up to 48 hours in jail plus fines ranging from $250 to $1,000. However, the financial cost could be higher due to legal expenses as well as higher car insurance rates.

The effects of a DUI could linger long after the legalities have been resolved, but that does not mean you cannot find cheap car insurance with a DUI in Mississippi. To find affordable insurance, you should talk with several Mississippi car insurance companies and get personalized quotes. Each company weighs the effects of a DUI differently, so shopping around could result in big savings.

Cheapest Car Insurance in Mississippi for Drivers With an At-Fault Accident

Car insurance costs in Mississippi are higher for people who have an at-fault accident on their record. They pay an average of $1,670 per year for a car insurance policy.

The most affordable car insurance companies in Mississippi for drivers with an at-fault accident are:

  • Travelers: $997 per year
  • Mississippi Farm Bureau: $1,139 per year

USAA is another cheaper option at an average cost of $888 per year, but only military members and their families and veterans are eligible for its auto policies.

Cheapest Car Insurance With an At-Fault Accident

Cheapest Car Insurance for Drivers With Tickets in Mississippi

In Mississippi, your car insurance premiums increase if you have a minor driving violation, such as a speeding ticket. Drivers without tickets pay an average of $1,112 per year. Drivers with tickets pay $1,370 annually on average.

Top providers of full car insurance coverage in Mississippi for drivers with a speeding ticket are:

  • Travelers: $1,031 per year
  • Mississippi Farm Bureau: $1,124

USAA is the cheapest option at an average of $726 per year. However, it is only for for military families.

USAA and Travelers offer the lowest rates for Mississippi residents with excellent driving history as well as those with speeding tickets.

Average Car Insurance Rates With a Ticket

Speeding or distracted driving tickets can result in higher car insurance rates because many Mississippi car insurance companies see these drivers as a higher risk. The same holds true for drivers involved in accidents related to distracted driving. In 2018 in Mississippi, there were 597 accidents involving distracted driving.

The effects of a speeding or distracted driving ticket may disappear quickly for first-time offenders but could last much longer for drivers with more than one of these tickets on their driving record. Therefore, to find cheap car insurance with a ticket in Mississippi, speak with several Mississippi car insurance companies and get personalized quotes. Each company evaluates tickets differently, so having a number of quotes could help you find cheap insurance.

Cheapest Car Insurance Companies in Mississippi for Drivers With Bad Credit

Mississippi drivers with poor credit scores pay higher car insurance rates than those with good credit scores. The average cost for good scorers is $1,112 per year. Drivers with low scores pay an average of $1,862.

Insurance companies that offer the best full coverage rates for drivers with poor credit scores in Mississippi are:

  • Nationwide: $1,389 per year
  • GEICO: $1,437 per year

USAA is the cheapest option at roughly $1,120 per year but is only offered to military personnel.

To compare, the most affordable companies for drivers with good credit scores are USAA and Travelers.

Average Car Insurance Rates for Drivers With Bad Credit

Many Mississippi car insurance companies utilize credit scores in evaluating drivers who apply for car insurance quotes. The rule of thumb is, the higher the credit score, the lower the risk the driver will file a claim. In Mississippi, the average credit score is 667.

Although a low credit score can result in higher car insurance rates, this can be a temporary situation. By working to raise your credit score – a score of 700 or higher is considered a good score–you can take steps to reduce your car insurance rates. Seeking out personalized quotes from several Mississippi car insurance quotes can result in finding cheap insurance.

Cheapest Car Insurance in Mississippi for Seniors

Senior drivers in Mississippi pay more for car insurance than middle-aged drivers and young adults. While other drivers pay an average of $1,112 per year, senior drivers pay roughly $1,147 annually.

The most affordable companies for senior drivers in Mississippi are:

  • Mississippi Farm Bureau: $801 per year
  • State Farm: $1,017 per year

USAA is the cheapest option for seniors at roughly $715 per year. However, it is only available to military families.

Although Travelers is the second cheapest for drivers with a clean driving record, Mississippi Farm Bureau offers lower rates for seniors. USAA is the cheapest for both demographics.

Average Car Insurance Rates for Seniors

Although Mississippi does not have any driving restrictions for seniors, there is cause for their safety on the road. As senior drivers get older, their physical and mental capabilities may adversely affect their driving skills. In fact, according to the National Highway Traffic Safety Administration, in 2017 there were 133 fatal traffic crashes involving drivers ages 65 and older. This could affect car insurance rates for seniors.

To help seniors find the cheapest car insurance in Mississippi, they should seek out personalized quotes based on their own individual circumstances from a number of Mississippi car insurance companies.

Cheapest Car Insurance in Mississippi for Young Drivers

Since young drivers have less experience on the road, insurance providers consider them riskier, so they pay more for auto insurance. In Mississippi, a 16-year-old pays an average of $3,072 per year, while a 25-year-old pays $1,244 annually for a car insurance policy.

MoneyGeek’s data shows that the cheapest car insurance companies on average for young drivers in the 16-25 year age range in Mississippi are Allstate and GEICO. For drivers 23 and over, GEICO is the better option.

Annual Car Insurance In Mississippi for Young Drivers

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  • Age
    Average Cost
    Cheapest Company
    Company Cost
  • 16
    $3,072
    Allstate
    $2,843
  • 17
    $2,928
    Allstate
    $2,600
  • 18
    $2,570
    Allstate
    $2,358
  • 19
    $2,636
    Allstate
    $2,025
  • 20
    $2,246
    Allstate
    $1,820
  • 21
    $1,774
    Allstate
    $1,517
  • 22
    $1,653
    Allstate
    $1,461
  • 23
    $1,488
    GEICO
    $1,167
  • 24
    $1,385
    GEICO
    $1,098
  • 25
    $1,244
    GEICO
    $949

Mississippi has a graduated driver's license program for teens, which safety experts recommend to help teens gain driving experience under the safest conditions. Teens are notoriously expensive to insure because they are considered high-risk drivers, mostly due to their lack of experience behind the wheel and their impulsive behavior. When your child starts college, it's a good idea to call your insurance company to inform them of any change in living conditions or driving habits. Also, talk with your insurer regarding available discounts for students who get good grades.

While rates for both high school and college students can be lower for parents who add their teens to an existing family policy, the rates still may go up given students are considered high-risk drivers.

Insurance Rate Information for Military Drivers and Veterans

If you are one of the more than 11,000 active-duty military personnel who live in Mississippi and you are deployed for a long period with your vehicle left unused at home, be sure to notify your insurer and ask about discounts or whether you can suspend all or part of your coverage.

If money is tight, you may want to cancel your coverage while you are away. Mississippi law does not allow an insurance company to increase your rate if you canceled or didn't renew your policy because you were called to active duty — as long as your car was not used during the cancellation period. However, you will be responsible for the costs if your car is damaged or stolen in your absence, so be sure it is in a secure place.

If you are a Mississippi resident temporarily deployed out of state, you can renew your license by mail. Otherwise, you will have 90 days after discharge to renew your license upon your return to Mississippi. If you are a resident of another state temporarily stationed in Mississippi, you and your family can continue to drive with your license and registration from home.

Average Rates for Mississippi service members

male
25 years$1,450
50 years$1,147
female
25 years$1,381
50 years$1,131

Car Insurance in Mississippi: What You Need to Know

Everyone who drives in Mississippi needs to have liability insurance or show another form of financial responsibility. If you can't get an insurer to cover you because of your driving history or risk profile, you can apply for insurance from the Mississippi Automobile Insurance Plan. The plan provides liability insurance to high-risk drivers who can't get an insurance policy on their own.

To be eligible for the plan, you must apply and certify that you have attempted to obtain insurance during the past two months but could not get a policy. Assigned risk insurance costs more, so try to get your own policy before resorting to the assigned risk pool.

Proof of Insurance in Mississippi

You are required to carry proof of insurance in your car at all times. This can be a paper copy or an electronic version of your insurance card on your mobile device.

You risk a citation and fine if you have insurance but can't prove it. A police officer cannot pull you over only to check your insurance card, but he or she can ask for it if they pull you over for any other reason.

Minimum Liability Insurance Requirements in Mississippi

The minimum amount of liability coverage required to drive in Mississippi legally is:

  • $25,000 for injuries to one person
  • $50,000 for injuries per accident
  • $25,000 in property damage liability

Alternatives to Insurance in Mississippi

Most people choose to purchase a car insurance policy, but there are alternatives. You could buy a bond or make a $15,000 cash deposit with the state. However, if you're at fault in an accident that costs more than your bond or cash deposit, you may still be liable for the difference.

How Much Coverage Do You Need in Mississippi?

The law sets the minimum amount of liability insurance you must have, but experts recommend getting liability coverage of $100,000 per injury and $300,000 per accident. Often, this may only cost a few more dollars per month.

Other common types of car insurance include:

  • Uninsured Motorist Coverage: This coverage could come in handy in a state like Mississippi, where such a high percentage of drivers are uninsured. It covers your medical expenses if you are in an accident and the person at fault is uninsured.
  • Collision/Comprehensive Coverage: If you have a new car with a loan, your lender will probably require you to have collision and comprehensive insurance.
  • Medical Coverage: If you don't already have good health insurance, this could save you a lot of money if you're injured in an accident.

If you decide you want a certain type of coverage, but the price tag seems too high, consider increasing your deductible. Talk with your insurance agent about what is right for you.

Cheapest Car Insurance in Mississippi by City

Car insurance costs in Mississippi vary greatly depending on location in the state. Residents of some cities receive expensive car insurance quotes due to a variety of factors. For example, the average cost of a full coverage auto policy in the capital city of Jackson is $1,112 per year. If you live in a suburb, your cost may be cheaper.

Click on your city to find the average car insurance rates in your area.

Average Insurance Rate by City in Mississippi

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  • City
    Annually
    Monthly
  • 1.
    $1,112
    $93

FAQs About Car Insurance in Mississippi

When looking for car insurance in Mississippi, you may have several questions about the costs and coverage limits. Here are some answers that may help.

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About the Author


expert-profile

Karon Warren is a professional journalist who has covered personal finance, health insurance, home insurance, car insurance, mortgages, banking and more for two decades.

Karon earned her bachelor of arts degree in journalism from the University of Southern Mississippi. She is also a member of the American Society of Journalists and Authors. Karon uses her journalist skills to create in-depth, well-researched finance stories that educate people so they can make informed financial decisions that best serve their financial goals.


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