Best Car Insurance in Mississippi

Last Updated on May 3, 2021

Mississippi has a lower cost of living than most states, but drivers in Mississippi pay higher rates for car insurance than average.

A driver in Mississippi pays around $150 more per year for car insurance than the average American. Statewide, the average cost of car insurance in Mississippi is around $1,602 per year, while the average rate across the United States is around $1,450 per year.

There are easy ways to save money on car insurance in Mississippi. By taking advantage of discounts and choosing the right insurer, you can find the best auto insurance based on your unique driving history and driver profile.Best Car Insurance in Mississippi

Table of Contents:

Top 10 Auto Insurance Companies in Mississippi

Comparing car insurance in Mississippi is easier than ever. Just enter your ZIP code online and get customized quotes. However, all insurance companies claim to offer competitive prices and great coverage, which makes it difficult to compare different insurers in Mississippi.

To help you make your decision, we’ve picked the best car insurance companies in Mississippi based on claims satisfaction, customer service, average pricing, and other factors. Here are the best car insurance companies across the state:

1. GEICO

Popular in every state, GEICO is America’s second-largest car insurance company. In Mississippi, GEICO is ideal for those who want cheap rates and the amenities of a larger insurance company. Although GEICO has average ratings for claims satisfaction compared to some of its higher-priced competitors, it remains one of the best car insurance companies in Mississippi year after year. Expect to pay around $1,323 per year for full coverage car insurance with GEICO.

2. USAA

USAA is available to activity duty and retired members of the military, as well as qualifying family members. If you qualify for USAA membership, then you can get cheap rates throughout Mississippi. USAA charges $1,341 per year for full coverage car insurance in Mississippi while maintaining high ratings for claims satisfaction and customer service.

3. Mississippi Farm Bureau

Mississippi Farm Bureau is the only company on this list that’s based in Mississippi. The local company is also one of the state’s most popular options for car insurance. Mississippi Farm Bureau has top ratings for claims satisfaction and customer service, and many customers appreciate the local, personalized approach to car insurance. Available to anyone who pays the annual Farm Bureau membership fee, Mississippi Farm Bureau charges rates of around $1,388 per year for full coverage car insurance.

4. State Farm

As America’s largest car insurance company, State Farm insures thousands across Mississippi. State Farm charges around $1,397 per year for full coverage car insurance according to quotes provided to our model driver profiles.

5. Progressive

Progressive has a relatively strong presence in Mississippi compared to other states. The company serves drivers in all 50 states, offering competitive rates to drivers in urban and rural areas of Mississippi. Expect to pay around $1,469 per year with Progressive in Mississippi.

6. Nationwide

Nationwide has a strong financial rating and all of the amenities you expect with a large insurance provider. Although prices may not be as cheap as other providers listed above, Nationwide emphasizes strong claims satisfaction and effective customer service. Customized quotes start at around $1,502 per year in Mississippi for full coverage auto insurance.

7. Alfa

Alfa is an insurance company based in Montgomery, Alabama. The insurance company offers cheap car insurance premiums and strong customer service to drivers in Mississippi and other nearby states. Alfa charges around $1,699 per year for full coverage car insurance in Mississippi.

8. Shelter

Another regional property insurance company, Shelter has a proven track record for providing effective customer service while maintaining a local approach to doing business.  In many years, Shelter has been the top-rated car insurance company in Mississippi and neighboring states. Shelter charges $1,732 per year for full coverage car insurance in Mississippi according to average quotes provided across our model driver profiles.

9. Travelers

As one of America’s top 10 largest car insurance companies, Travelers offers the amenities of a large insurance company without breaking the bank. It’s more expensive than competing options on this list, but discounts help you save money. Travelers charges average rates of around $1,742 per year in Mississippi.

10. Allstate

Allstate provides a similar insurance experience to competing companies above, including the amenities of a large insurance company – like a strong mobile app and 24/7 customer service. They also charge competitive rates, with drivers in urban and rural areas of Mississippi paying around $1,782 per year for car insurance, on average.

Mississippi Insurance Requirements

Mississippi requires drivers to carry a minimum of 25/50/25 of liability coverage. That means drivers must carry the following coverages:

These coverages protect other people and their property from damage you cause. It covers other drivers and their passengers after an at-fault accident, for example. It also covers collisions with pedestrians, damage to someone else’s property, and other damages you cause. Mississippi, like most states, requires drivers to carry a certain minimum amount of liability coverage to legally drive.

The liability limits above are minimum coverage options. Many drivers exceed these minimum requirements for added protection and peace of mind.

Many drivers also carry additional, optional coverages in Mississippi, including comprehensive, collision, medical payments, roadside assistance, and uninsured/underinsured motorist coverage, among other options.

Driving Without Insurance in Mississippi

Driving without insurance in Mississippi is illegal. A police officer has the right to request proof of insurance at a traffic stop or after an accident, among other situations.

If caught driving without insurance in Mississippi, you could face the following penalties:

  • A maximum fine of $1,000
  • Suspension of driving privileges for up to one year
  • Possible misdemeanor conviction
  • Possible SR-22 requirement for 3 to 5 years

Typically, drivers pay a minimum fine of $500 for the first time they are caught driving without insurance. Your license will also be suspended until you can provide proof of coverage. This fine may be reduced to $100 if you provide proof of financial responsibility (via an SR-22 certificate) before your hearing.

If you are caught driving without insurance multiple times in Mississippi, you could face additional penalties, larger fines, and longer license suspensions, among other punishments.

Car Insurance in Mississippi with DUI

A DUI conviction will always cause car insurance rates to rise. In Mississippi, a driver with one or more DUI/DWI convictions is considered a high-risk driver, and that means you’ll pay significantly higher car insurance premiums. Typically, these higher premiums last for 3 to 5 years after your DUI conviction.

Fortunately, some car insurance companies continue to charge relatively cheap rates even after a DUI conviction. Consider requesting a quote from any of the following insurers after one or more DUI convictions:

  1. USAA: $1,752 per year
  2. GEICO: $1,830 per year
  3. Mississippi Farm Bureau: $1,911 per year
  4. Allstate: $2,121 per year
  5. State Farm: $2,127 per year

Car Insurance in Mississippi with At-Fault Accidents

Like a DUI, an at-fault accident will raise car insurance rates. Typically, a single at-fault accident raises rates for 3 to 5 years. However, drivers with multiple offenses within this period could pay higher rates for a longer period of time.

If you have a single at-fault accident and an otherwise clean driving record, then request a quote from any of the following insurance companies to pay cheap rates for car insurance:

  1. USAA: $1,553 per year
  2. GEICO: $1,791 per year
  3. Mississippi Farm Bureau: $1,809 per year
  4. Progressive: $1,871 per year
  5. State Farm: $1,922 per year

Car Insurance in Mississippi with Speeding Tickets

A single speeding ticket shouldn’t cause car insurance rates to skyrocket. However, multiple serious speeding tickets could lead to higher insurance premiums.

Some insurance companies ignore speeding tickets or raise rates by a comparatively low amount. Consider requesting a quote from the following insurance companies in Mississippi if you have one or more speeding tickets:

  1. USAA: $1,291 per year
  2. GEICO: $1,372 per year
  3. State Farm: $1,394 per year
  4. Progressive: $1,399 per year
  5. Mississippi Farm Bureau: $1,469 per year

Car Insurance in Mississippi for Young Drivers

You might be the safest young driver in Mississippi. Unfortunately, car insurance companies still charge high rates for car insurance. Drivers under 25 are the riskiest drivers to insure, and that means higher rates regardless of your driving history.

Some Mississippi insurance companies, however, welcome young drivers into their pool to balance risk and premiums. Request a quote from any of the following insurers to ensure you pay cheap rates as a driver under 25 in Mississippi:

  1. USAA: $2,313 per year
  2. GEICO: $2,401 per year
  3. State Farm: $2,483 per year
  4. Mississippi Farm Bureau: $2,490 per year
  5. Progressive: $2,519 per year

Car Insurance in Mississippi with Poor Credit

Drivers with good credit and average credit ratings will pay competitive rates for car insurance. However, drivers with bad credit scores or no credit rating will pay some of the highest rates in Mississippi for car insurance. Statistically, drivers with bad credit scores are more likely to make a claim or cause an accident, so insurers use credit score to calculate premiums.

Fortunately, insurance companies weigh credit scores differently. Some insurance companies put a heavy emphasis on credit score, while others do not. Consider requesting a quote from any of the following insurance companies in Mississippi if you have a bad credit score or low credit score:

  1. Mississippi Farm Bureau: $2,190 per year
  2. State Farm: $2,233 per year
  3. GEICO: $2,301 per year
  4. USAA: $2,412 per year
  5. Progressive: $2,715 per year

SR-22 Insurance in Mississippi

An SR-22 is a certificate of financial responsibility. Some high-risk drivers need to obtain an SR-22 certificate to prove they have valid coverage. If you were caught driving without insurance, for example, or if you have multiple at-fault accidents or DUIs on your record, then you may need SR-22 insurance to reinstate your driver’s license.

The Mississippi DMV will notify you if you require SR-22 insurance in Mississippi. If you receive a notice in the mail, then you will need to maintain SR-22 insurance for 3 to 5 years.

The SR-22 is a certificate verifying you meet Mississippi’s minimum car insurance requirements (25/50/25). Most drivers can obtain an SR-22 certificate from an ordinary insurance company – like their current insurer. However, if you are a particularly high-risk driver, then you may need to buy from a specialty, high-risk car insurance company.

Contact your insurer or search for SR-22 quotes online to find the best SR-22 insurance in Mississippi. Most companies charge an SR-22 filing fee of around $30 to $50. Most SR-22 insurance policies are 50% to 150% more expensive than the statewide average.

Conclusion: How to Find the Best Auto Insurance in Mississippi

Mississippi has relatively expensive car insurance. Fortunately, by comparing quotes and shopping around, you can find the best car insurance company based on your unique demographics and driving history.

Consider requesting a quote from any of the companies listed above if you are looking for the best car insurance in Mississippi.