Farm Bureau provides Mississippi's lowest car insurance rates, with monthly premiums of $37 for minimum coverage and $102 for full coverage. Drivers save $24 monthly (26%) compared to state averages. Get quotes from Travelers, Safeway, Allstate and Safe Auto too.
Cheapest Car Insurance in Mississippi
Updated: August 18, 2025
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Key Takeaways
The cheapest car insurance companies for most Mississippi drivers are Farm Bureau, Travelers and Safeway Insurance, offering average savings of up to 26%.
Car insurance costs can be as low as $37 monthly for minimum coverage and $102 for full coverage policies on average in Mississippi.
Research average costs to compare top companies, take advantage of discounts and compare multiple provider quotes to get the cheapest car insurance in Mississippi.
Who Has the Cheapest Car Insurance in Mississippi?
*These rates are for a 40-year-old with good credit, a clean driving record and a 2012 Toyota Camry across all ZIP codes in the state.
LEARN MORE ABOUT THE BEST CHEAP CAR INSURANCE IN MISSISSIPPI
We've created additional guides below to help you in your search for the best and cheapest car insurance in Mississippi:
Best Car Insurance Rates by Category in Mississippi
Farm Bureau offers the cheapest rates for most Mississippi drivers, taking first place in seven out of our 10 driver categories based on different risk profiles. Find your specific rates in the table:
| Young Drivers | Farm Bureau | $63 |
| Adult Drivers | Farm Bureau | $33 |
| Senior Drivers | Farm Bureau | $41 |
| Drivers With An Accident | Farm Bureau | $49 |
| Drivers With A DUI | Farm Bureau | $65 |
| Drivers With A Speeding Ticket | Farm Bureau | $40 |
| Drivers With Bad Credit | Safe Auto Insurance | $89 |
| Drivers With Low Income | Safe Auto Insurance | $71 |
| Drivers With Newer Cars | Travelers | $54 |
| Drivers With Old Cars | Farm Bureau | $24 |
*Rates for the categories above are based on a profile of a 40-year-old with good credit, a clean driving record and a 2012 Toyota Camry across all ZIP codes in the state. Young drivers refer to 16 to 25-year-olds, adults 26 to 64-year-olds and seniors 65+ years of age.
Compare the Cheapest Car Insurance in Mississippi for You
The tables above show overall winners, but your cheapest option depends on your specific situation. For example, Safe Auto offers the lowest rates at $211 monthly for adult drivers with poor credit and an accident record who want 100/300/100 full coverage. Filter the table to match your exact situation:
Data filtered by:Results filtered by:
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Age Group:Adult Drivers
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Gender:Female
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Coverage Level:100/300/100 Full Cov. w/$1,000 Ded.
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Credit Alignment:Below Fair
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Driving Record:At Fault Accident ($1000-$1999 Prop Dmg)
| Safe Auto Insurance | $211 | $2,532 | -39% |
| Safeway Insurance | $216 | $2,590 | -37% |
| Shelter Insurance | $227 | $2,719 | -34% |
| Farm Bureau | $228 | $2,735 | -34% |
| Travelers | $283 | $3,392 | -18% |
*Young drivers refer to 16 to 25-year-olds, adults 26 to 64-year-olds and seniors 65+ years of age.
Cheapest Car Insurance in Mississippi by City
Where you live in Mississippi affects your insurance costs based on local crime, accidents and traffic density. Allstate charges as little as $29 in Cruger but Farm Bureau charges $48 in Pearl. Here are the cheapest providers for every Mississippi city.
Data filtered by:Results filtered by:
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City:Abbeville
| Abbeville | Allstate | $34 | -38% |
*The lowest rate referenced is for a minimum coverage policy for a 40-year-old with good credit and no driving violations.
Cheapest Car Insurance in Mississippi By Driver Age Group
We analyzed car insurance rates across Mississippi for three age groups: young drivers (16 to 25), adult drivers (26 to 64) and seniors (65+). Here are the providers that offer the best deals:
- Young drivers can find the lowest rates with Farm Bureau, starting at $63 per month
- Adult drivers see the best rates through Farm Bureau, with premiums from $33 per month
- Senior drivers get the most affordable coverage from Farm Bureau, beginning at $41 per month
Cheapest Car Insurance For Young Drivers in Mississippi
Farm Bureau stands out as the most affordable option for young drivers in Mississippi. For minimum coverage, monthly premiums start at $63, offering a 58% savings compared to the state average. The insurer also leads in full coverage rates at $147 per month, helping young drivers save 54% on their car insurance costs.
Data filtered by:Results filtered by:
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Coverage Level:State Minimum Liability Only
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Gender:Male
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Credit Alignment:Good
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Driving Record:Clean
| Farm Bureau | $63 | $753 | -58% |
| Travelers | $113 | $1,355 | -25% |
| Shelter Insurance | $137 | $1,645 | -9% |
| Safeway Insurance | $149 | $1,788 | -1% |
| Progressive | $154 | $1,846 | 2% |
Cheapest Car Insurance For Adult Drivers in Mississippi
Farm Bureau offers Mississippi drivers the most affordable car insurance, with minimum liability coverage at $33 monthly and full coverage at $95 per month.
Data filtered by:Results filtered by:
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Coverage Level:State Minimum Liability Only
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Gender:Male
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Credit Alignment:Good
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Driving Record:Clean
| Farm Bureau | $33 | $402 | -42% |
| Progressive | $46 | $550 | -21% |
| Geico | $51 | $613 | -12% |
| Travelers | $55 | $661 | -5% |
| Safeway Insurance | $57 | $690 | -1% |
Cheapest Car Insurance For Senior Drivers in Mississippi
Farm Bureau offers Mississippi seniors the most affordable car insurance rates, with annual premiums of $1,237 for full coverage and $496 for minimum coverage.
Data filtered by:Results filtered by:
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Coverage Level:State Minimum Liability Only
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Gender:Male
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Credit Alignment:Good
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Driving Record:Clean
| Farm Bureau | $41 | $496 | -49% |
| Shelter Insurance | $61 | $738 | -24% |
| Progressive | $70 | $836 | -14% |
| Travelers | $76 | $910 | -7% |
| Nationwide | $80 | $958 | -2% |
Cheapest Car Insurance For High-Risk Drivers in Mississippi
We studied four core areas for profiles insurers consider particularly high-risk in Mississippi including those with bad credit, DUIs, accidents and speeding tickets. Here are the providers that offer the best rates for each group:
- Cheapest for Bad Credit: Safe Auto Insurance (From $89/mo)
- Cheapest With a DUI: Farm Bureau (From $65/mo)
- Cheapest With an Accident: Farm Bureau (From $49/mo)
- Cheapest With a Speeding Ticket: Farm Bureau (From $40/mo)
Cheapest Car Insurance For Bad Credit in Mississippi
Safe Auto offers Mississippi's most affordable car insurance for drivers with bad credit. Annual rates start at $1,110 for minimum liability coverage and $2,171 for full coverage policies.
Data filtered by:Results filtered by:
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Age Group:Adult Drivers
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Coverage Level:State Minimum Liability Only
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Gender:Male
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Driving Record:Clean
| Farm Bureau | $92 | $1,110 | -26% |
| Safe Auto Insurance | $94 | $1,132 | -24% |
| Safeway Insurance | $96 | $1,155 | -23% |
| Geico | $105 | $1,259 | -16% |
| Shelter Insurance | $107 | $1,279 | -15% |
Cheapest Car Insurance With a DUI in Mississippi
Farm Bureau provides the lowest rates for Mississippi drivers with a DUI on their record, while Progressive ranks as the next most affordable option. Annual premiums start at $710 with Farm Bureau and $769 with Progressive for state minimum coverage.
Data filtered by:Results filtered by:
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Age Group:Adult Drivers
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Coverage Level:State Minimum Liability Only
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Gender:Male
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Credit Alignment:Good
| Farm Bureau | $59 | $710 | -42% |
| Progressive | $64 | $769 | -37% |
| Safeway Insurance | $74 | $890 | -27% |
| Travelers | $76 | $914 | -25% |
| Shelter Insurance | $79 | $947 | -22% |
Cheapest Car Insurance With an Accident in Mississippi
Farm Bureau provides the most affordable car insurance for Mississippi drivers with an accident record, offering rates starting at $44 per month or $528 per year for minimum liability coverage. These premiums come in well below the state average for drivers with accident history.
Data filtered by:Results filtered by:
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Age Group:Adult Drivers
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Coverage Level:State Minimum Liability Only
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Gender:Male
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Credit Alignment:Good
| Farm Bureau | $44 | $528 | -52% |
| Shelter Insurance | $61 | $732 | -33% |
| Safeway Insurance | $70 | $840 | -23% |
| Travelers | $71 | $854 | -22% |
| Progressive | $82 | $986 | -10% |
Cheapest Car Insurance With an Speeding Ticket
Farm Bureau offers the lowest insurance rates in the Magnolia State for drivers with speeding tickets. Motorists can expect to pay $438 per year for minimum coverage, while full coverage costs $1,211 annually through this provider.
Data filtered by:Results filtered by:
Select
Age Group:Adult Drivers
Select
Coverage Level:State Minimum Liability Only
Select
Gender:Male
Select
Credit Alignment:Good
| Farm Bureau | $37 | $438 | -50% |
| Shelter Insurance | $61 | $732 | -16% |
| Progressive | $61 | $733 | -16% |
| Safeway Insurance | $64 | $771 | -12% |
| Travelers | $67 | $803 | -8% |
How to Get the Cheapest Car Insurance in Mississippi
Finding the most affordable insurance companies is just the first step to getting the best rates in Mississippi. Here are proven ways to save the most on auto insurance.
- 1
Compare Multiple Providers Through Various Means
Compare quotes from multiple providers on our list, since our estimates may vary from provider-provided pricing. Your quotes will also vary depending on your method of getting them, such as captive agents, independent agents, comparison sites and provider websites.
- 2
Decide on Your Coverage Needs Before Buying
Knowing what coverage you need helps you avoid paying for unnecessary add-ons while ensuring adequate financial protection.
- 3
Choose to Get a Lower Coverage Amount if Appropriate
Depending on how much car insurance you need and what you can afford, lowering your coverage level and deductibles if you want full coverage can save you money. However, evaluate your risk based on your finances, driving habits, where you live and even your vehicle before doing this.
- 4
Research Costs and Take Advantage of Discounts
Researching average auto insurance costs for your specific profile gives you a measuring stick for how much you'll be saving. Look also into discounts you qualify for and compare home and auto insurance bundle prices and other policy type combinations to get the best deal.
- 5
Consider Auto Insurance Alternatives
Traditional auto insurance isn't your only option; alternative policies exist. For example, pay-per-mile car insurance charges are based on how much you drive, and telematics insurance tracks driving behaviors to determine your pricing or provide a discount if it's just a separate program. Also, look into your automaker's insurance program if it has one to see if you can get lower rates than with a regular provider.
- 6
Improve Your Risk Profile
Improving your credit and practicing safe driving habits can lead to lower rates overall, making car insurance and other insurance much more affordable.
- 7
Get a Cheaper Car to Insure
If you're in the market, getting an older and cheaper car to insure will save you money on your coverage. Reliable cars also cost less to repair, which lowers your insurance rates.
Risks of Getting the Cheapest Car Insurance in Mississippi
Mississippi requires drivers to carry liability insurance with minimum limits of 25/50/25. Your policy must provide $25,000 for injuries to one person, $50,000 total for injuries in one accident and $25,000 for property damage coverage. But minimum coverage leaves you exposed to major financial risks:
Vehicle damage if you're at fault won't be covered
Without collision coverage, you'll pay all repair costs if you cause an accident. That money comes straight from your pocket with minimum coverage. Add collision coverage to protect against expensive repairs.
Weather risks make damage to your car more likely and aren't covered
Mississippi gets hit with severe weather that damages cars regularly. National Centers for Environmental Information data shows significant weather-related property damage in 2023, with the state located in a hurricane-prone region. Basic coverage won't pay for weather damage. Add comprehensive coverage to protect against Mississippi's frequent hurricanes and storms.
Bodily injury damage is more likely to exceed minimum limits
Mississippi's minimum bodily injury liability limit of $25,000 per person is dangerously close to actual costs. Average bodily injury claims in Mississippi reached $23,400 in 2023, and medical costs rise about 6% annually. Consider increasing to 50/100/50 coverage to better protect your assets against expensive injury claims.
Not having uninsured motorist coverage opens you up to unexpected costs
Mississippi has a serious uninsured driver problem, with 29.4% of drivers lacking insurance. This is nearly one in three drivers and more than double the national average of 12.6%. If an uninsured driver hits you, you'll face steep out-of-pocket costs without uninsured motorist coverage. Legal action against uninsured drivers rarely recovers damages. Adding uninsured motorist coverage provides essential financial protection in these common scenarios.
Vehicle theft damage is more likely and uncovered
Car theft is a real problem in Mississippi, according to National Insurance Crime Bureau statistics. Without comprehensive coverage, you get nothing if your car's stolen or damaged during a theft. The average stolen car claim tops $9,000, so comprehensive coverage is worth it in high-risk areas.
Cheap Car Insurance in Mississippi: Bottom Line
Farm Bureau offers the lowest car insurance rates in Mississippi for most drivers and coverage types, according to our analysis. While the cheapest option is tempting, don't make price your only factor. Get as much coverage as you can afford to protect your finances when accidents happen.
Cheap Car Insurance in Mississippi: FAQ
Below, our insurance experts answer common questions about finding affordable car insurance in Mississippi.
What are the cheapest car insurance companies in Mississippi?
Farm Bureau leads Mississippi's affordable car insurance market, averaging $444 per year for minimum coverage and $1,222 for full coverage. Travelers, Safeway Insurance, Allstate and Safe Auto Insurance also offer competitive rates.
Who has the cheapest car insurance rates for young drivers in Mississippi?
Farm Bureau provides the lowest rates for young drivers in Mississippi, with monthly premiums starting at $63.
Who offers the cheapest car insurance rates for seniors in Mississippi?
Senior drivers in Mississippi can secure the most affordable rates from Farm Bureau, which offers monthly premiums averaging $41 for drivers 65 and older.
Who has the cheapest car insurance in Mississippi for bad credit?
Safe Auto provides the lowest rates for bad-credit drivers in Mississippi, with monthly premiums averaging $89 for minimum coverage.
Who has the cheapest car insurance in Mississippi with an accident?
Farm Bureau offers the most affordable rates for Mississippi drivers with an accident history, with monthly premiums starting at $49.
Who has the cheapest car insurance in Mississippi with a DUI?
Farm Bureau provides the cheapest car insurance after a DUI in Mississippi, with rates of $65 monthly for minimum coverage.
Who has the cheapest car insurance in Mississippi for those with a speeding ticket?
Farm Bureau provides the lowest rates for drivers with a speeding ticket, charging $40 monthly for minimum coverage and $108 for full coverage.
Should you buy the cheapest car insurance in Mississippi?
Buying the cheapest insurance saves money upfront, but you need enough coverage to protect against major losses. Farm Bureau balances low prices with solid coverage options in Mississippi.
How We Found the Most Affordable Car Insurance in Mississippi
MoneyGeek collected auto insurance data from the Mississippi Department of Insurance and Quadrant Information Services. We analyzed quotes from 12 major insurers and reviewed more than 200 million rate comparisons across every residential ZIP code in Mississippi.
Mississippi Driver Profile
Our analysis started with a standard driver profile to find the cheapest rates:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
- Good credit
- Valid license
- Currently insured
- No claims history
We adjusted this sample profile, as specified, to find the cheapest option for various driver backgrounds.
Standard Coverage Levels in Mississippi
We compared car insurance companies in Mississippi that offer minimum and full coverage policies. We set the limits of the minimum coverage car insurance policy to the minimum amount required by law in Mississippi.
The minimum coverage liability limits in Mississippi are:
- $25,000 per person for bodily injury
- $50,000 per accident for bodily injury
- $25,000 per accident for property damage
For full coverage policy rates, we used the following liability limits:
- $100,000 for bodily injury liability per person
- $300,000 for bodily injury liability per accident
- $100,000 for property damage liability
- Comprehensive and collision coverage with a $1,000 deductible
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- Insurance Information Institute . "Facts + Statistics: Auto Insurance ." Accessed August 24, 2025.
- Insurance Information Institute . "Facts + Statistics: Uninsured Motorists ." Accessed August 24, 2025.
- National Centers for Environmental Information . "Climate at a Glance ." Accessed August 24, 2025.
- National Insurance Crime Bureau . "Vehicle Thefts Surge Nationwide in 2023 ." Accessed August 24, 2025.