Candace Baker, Car Insurance Writer
@candacebaker
Car insurance in Mississippi costs $42 per month or $508 per year for minimum coverage, on average. The cheapest car insurance companies in Mississippi are USAA, Missouri Farm Bureau, and Auto-Owners, and getting quotes from several companies can help you find the best deal.
The average cost of car insurance in Mississippi is 3% lower than the national average auto insurance premium. There are several factors that affect how much you'll pay for car insurance in Mississippi, including your driving record, age and location, the amount of coverage you purchase, and the insurance company you buy it from.
Average Cost of Car Insurance in Mississippi by Category
- After an at-fault accident: $188 per month
- Driver with poor credit: $73 per month
- Teen driver: $208 per month
- After a DUI: $75 per month
Average Cost of Car Insurance in Mississippi by Company
ompany | Minimum Coverage | Full Coverage |
$704 per year | $2,441 per year | |
$219 per year | $1,073 per year | |
$318 per year | $1,565 per year | |
$404 per year | $1,432 per year | |
$501 per year | $2,142 per year | |
$773 per year | $2,233 per year | |
$550 per year | $1,906 per year | |
$372 per year | $1,323 per year | |
$568 per year | $1,828 per year | |
$270 per year | $1,114 per year |
Note: Rates are an approximation based on a 45-year-old man in Mississippi with a clean driving record. Actual rates will vary.
Average Cost of Car Insurance in Mississippi by Age
Age | Average Premium |
$2,501 per year | |
$2,218 per year | |
$1,889 per year | |
$1,389 per year | |
$1,215 per year | |
$975 per year | |
$874 per year | |
$815 per year | |
$742 per year | |
$672 per year | |
$527 per year | |
$508 per year | |
$484 per year | |
$501 per year |
Note: Rates are an approximation based on a driver in Mississippi with minimum coverage and a clean driving record. Actual rates will vary.
How to Lower the Cost of Car Insurance in Mississippi
- Shop around and compare quotes. We recommend comparing quotes from at least three different insurance companies to make sure you are getting the best rate.
- Choose a higher deductible. Your deductible is the amount you have to pay out of pocket before your insurance kicks in. Choosing a higher deductible can lower your premiums but means you will have to pay more out-of-pocket when you file a claim.
- Consider lowering your coverage. Consider purchasing only the minimum amount of coverage required by your state, rather than purchasing higher limits or a full coverage policy.
- Look for discounts you may be eligible for. For instance, most insurance companies offer a good-driver discount for customers with a clean driving record, a good-student discount, or a discount for paying your premiums in full up front.
To learn more, check out our guide to how much car insurance you need in Mississippi as well as our picks for the cheapest car insurance companies in Mississippi.
People also ask
How much car insurance do I need in Mississippi?
Drivers in Mississippi need $25,000 of bodily injury liability insurance per person (up to $50,000 per accident) and $25,000 of property damage liability insurance. Collision, comprehensive and gap insurance may also be required by a lender or lessor if your vehicle is financed.
In addition, an optional but recommended type of coverage in Mississippi is uninsured/underinsured motorist insurance. It replaces the liability coverage an at-fault driver should’ve had and pays for your costs up to your policy limits.
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read full answerWhy is Mississippi car insurance so expensive?
Car insurance in Mississippi is expensive because it has the second-highest rate of uninsured drivers in the country. A loophole in traffic law allows drivers to get car insurance after being ticketed for driving uninsured, pay only a $100 fine, and then. In Mississippi, you can expect to pay around $3,701 per year for full coverage car insurance, compared to the national average of $4,211 per year. Car insurance in Mississippi is less expensive than the national average, which...
read full answerWhat is the penalty for driving without insurance in Mississippi?
The penalties for driving without insurance in Mississippi include fines and the suspension of your driver's license. You can avoid these consequences by meeting Mississippi’s proof of financial responsibility requirements. Mississippi requires that all drivers have at least $25,000 in bodily injury liability coverage, up to $50,000 per accident, along with $25,000 in liability coverage for property damage.
Purchasing Mississippi’s minimum liability car insurance coverage is the easiest way to satisfy the financial responsibility...
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