Best Cheap Car Insurance Companies for High-Risk Drivers in Mississippi

Your auto insurance rates will increase significantly if you have a history of reckless driving. Shopping around and comparing quotes from several car insurers is a surefire way to ensure you receive the best rate.

Among insurance providers that cover high-risk drivers in Mississippi, Travelers offers the most competitive rate at around $1,136 per year and excellent customer service. However, your actual rate may differ based on factors such as your profile, driving record and coverage requirements.

Insurers believe high-risk drivers will submit more insurance claims. If you have at-fault accidents, tickets, violations or a DUI on your record, you may be considered high-risk. Also, lack of driving experience makes teen drivers risky to insure.

Insurance companies charge higher rates to cover expected accidents. High-risk drivers in Mississippi pay 28% more for auto insurance compared to drivers with clean records.

MoneyGeek found that Travelers provides the most affordable coverage for high-risk drivers in Mississippi. The average yearly premium for a policy from this provider is $1,136.

Read MoneyGeek's in-depth review of Travelers car insurance to learn about its pros, cons and costs for various driver profiles.

Travelers received a 93 out of 100 in MoneyGeek's assessment as the top auto insurance provider for high-risk drivers in Mississippi. Our Travelers review evaluates the company's coverage, average rates and customer service ratings.

State Farm is the second-best insurer for high-risk drivers in the state of Mississippi. State Farm received a MoneyGeek score of 91 out of 100. MoneyGeek’s State Farm review provides an assessment of its premiums, service quality, complaint ratings and discounts.

According to MoneyGeek's analysis, State Farm has the most affordable rates in Mississippi for drivers with a DUI conviction, averaging $1,127 per year. Consider our State Farm review to get more information about the company's policies, savings opportunities and customer service feedback.

USAA is another low-cost alternative for obtaining high-risk auto insurance in Mississippi. Keep in mind that USAA policies are only available to active and former military personnel and their families.

According to MoneyGeek's research, State Farm offers the cheapest annual insurance premiums to young drivers at around $4,225.

Insurance companies impose high premiums on teenage drivers because of their inexperience. To find out more about State Farm's auto insurance options, see MoneyGeek's review of the company.

Nationwide offers the lowest rates to drivers in Mississippi with poor credit, averaging $1,389 annually. The Nationwide car insurance review analyzes the pros and cons of the company, including the rates and quality of service.

When evaluating a driver’s risk level, auto insurance providers often look at history and profile. As a result, high-risk drivers often pay higher rates.

For example, high-risk drivers in Mississippi pay an average of $1,549 per year for coverage. That’s over $400 more than what a driver with a clean record would pay at around $1,082 annually.

You can use MoneyGeek's calculator to get an idea of how much you'll pay for auto insurance in Mississippi based on your specific profile, vehicle and driving record. In addition, the auto insurance calculator can help determine which factors have the most impact on your rates.

The state of Mississippi requires all drivers to have liability insurance at a minimum. However, since insurance is a voluntary market, auto insurers have the right to decline coverage if they consider you too risky to insure.

Your best bet in this situation is to get in touch with Mississippi’s Automobile Insurance Plan Service Office (AIPSO) and ask for a residual market plan. For almost 50 years, the insurance industry has depended on AIPSO, a nationwide, non-profit organization that serves the auto insurance residual market.

The Mississippi Automobile Insurance Plan (MSAIP) provides car insurance to drivers who have had challenges obtaining insurance in the voluntary market.

MSAIP can be assigned to consumers who have a valid Mississippi driver's license and a car registered in Mississippi.

It can be challenging to obtain auto insurance coverage if you are deemed a high-risk driver. To help you in the process, MoneyGeek answered some commonly asked questions regarding high-risk car insurance in Mississippi.

MoneyGeek calculated average rates using full coverage car insurance policies with 100/300/100 liability insurance and comprehensive and collision coverage with a $1,000 deductible. Minimum coverage car insurance policy rates were calculated based on each state’s minimum car insurance requirement.

To calculate rates for high-risk drivers, MoneyGeek averaged the premiums insurance companies charge for three of the most common driving violations: speeding, at-fault accident and DUI.

To determine the best car insurance company for high-risk drivers, MoneyGeek scored companies based on affordability, customer satisfaction and complaints — obtained from J.D. Power surveys and NAIC complaint scores — and financial strength ratings as calculated by AM Best. Affordability received the greatest weighting in our calculations.