Cheap Car Insurance in Mississippi (2024)
Where to get the cheapest car insurance rates:
- State Farm has the cheapest rates in Mississippi for both liability and full-coverage car insurance.
- Farm Bureau has the most affordable auto insurance rates for teen drivers.
- Progressive has the lowest premiums for Mississippi drivers with a DUI.
Cheapest full-coverage car insurance in Mississippi: State Farm
State Farm has the cheapest full-coverage car insurance rates for most Mississippi drivers, at an average of $1,057 a year.
USAA’s average rate is nearly as cheap, at $1,168 a year, but only members of the military and their families can buy coverage from USAA.
Farm Bureau is the second-cheapest company for most of the state’s drivers, with rates averaging $1,317 a year.
Cheapest companies for full-coverage car insurance
| Company | Average annual rate | LendingTree score | |
|---|---|---|---|
 | State Farm | $1,057 |  |
 | Farm Bureau | $1,317 | Not rated |
 | Progressive | $1,675 |  |
 | Travelers | $1,687 | |
 | Allstate | $2,237 |  |
 | Geico | $2,276 |  |
 | Shelter | $2,279 | Not rated |
 | Nationwide | $2,469 | |
 | USAA* | $1,168 | |
*USAA only available to active duty military, veterans and their families.
Full-coverage car insurance usually combines liability car insurance with collision and comprehensive coverage. Collision coverage pays for damage to your own car after an accident. Comprehensive, meanwhile, covers noncollision damage, like glass breakage or a falling branch, as well as auto theft and vandalism.
Mississippi law doesn’t require you to carry full-coverage car insurance. However, if you financed your car, your lender may require it as part of your lending agreement.
Cheapest liability car insurance in Mississippi: State Farm
State Farm has the cheapest liability insurance rates in Mississippi, averaging $344 a year. Farm Bureau is the next-cheapest for most drivers, with average rates of $450 a year.
Cheapest companies for liability car insurance
| Company | Average annual rate |
|---|---|
| State Farm | $344 |
| Farm Bureau | $450 |
| Progressive | $460 |
| Travelers | $673 |
| Geico | $689 |
| Allstate | $893 |
| Nationwide | $990 |
| Shelter | $1,114 |
| USAA* | $344 |
Liability car insurance covers repairs along with legal fees and medical expenses that can arise from an accident you cause. It differs from full-coverage car insurance, in that it doesn’t cover your own damage costs after an accident.
To find the cheapest rate for the coverage you need, compare car insurance quotes from several companies while you shop around.
Best rates for young drivers in Mississippi: Farm Bureau
Farm Bureau offers the cheapest car insurance for teens in Mississippi who only want liability coverage, at an average of $1,062 a year. State Farm has the next-lowest rates for most young drivers, at $1,185 a year.
Cheapest liability car insurance companies for teen drivers
| Company | Average annual rate |
|---|---|
| Farm Bureau | $1,062 |
| State Farm | $1,185 |
| Travelers | $1,959 |
| Progressive | $2,239 |
| Shelter | $2,610 |
| Geico | $2,768 |
| Allstate | $2,994 |
| Nationwide | $3,248 |
| USAA* | $876 |
Teens generally pay the highest rates for car insurance of any age group because of the risks tied to their lack of driving experience. If you want to save money on car insurance for your teen driver, add them to your current policy. This’ll raise your premium, but it should be cheaper than two separate auto insurance policies.
Cheapest rates after a speeding ticket in Mississippi: State Farm
If you have a speeding ticket on your driving record in Mississippi, you’ll find the cheapest auto insurance rates with State Farm, at an average of $1,138 a year. Farm Bureau is the next-cheapest after a ticket, at $1,421 a year.
Cheapest car insurance companies after a ticket
| Company | Average annual rate |
|---|---|
| State Farm | $1,138 |
| Farm Bureau | $1,421 |
| Progressive | $2,096 |
| Travelers | $2,124 |
| Allstate | $2,468 |
| Nationwide | $2,966 |
| Geico | $3,264 |
| Shelter | $3,824 |
| USAA* | $1,507 |
Due to the Mississippi DMV not working on a points system, the amount of time a ticket stays on your driving record will depend largely on the severity of the incident. You can expect to pay higher rates during that time.
Cheapest rates after an accident in Mississippi: State Farm
After an accident, Mississippi drivers find the cheapest car insurance with State Farm, which charges an average rate of $1,260 a year. Farm Bureau is the next-cheapest choice for most drivers, at $1,710 a year.
Cheapest car insurance companies after an accident
| Company | Average annual rate |
|---|---|
| State Farm | $1,260 |
| Farm Bureau | $1,710 |
| Travelers | $2,326 |
| Progressive | $2,360 |
| Allstate | $3,302 |
| Nationwide | $3,791 |
| Shelter | $4,262 |
| Geico | $4,342 |
| USAA* | $1,683 |
An accident can stay on your record for around five years in Mississippi — its severity can come into play when ultimately determining the length. Higher rates are likely during that time frame.
Best rates after a DUI in Mississippi: Progressive
Progressive has the cheapest average rates for Mississippi drivers with a conviction for driving under the influence (DUI), $2,012 a year. Farm Bureau also is a good option for cheap car insurance with a DUI, offering rates that average $2,200 a year.
Cheapest car insurance companies after a DUI
| Company | Average annual rate |
|---|---|
| Progressive | $2,012 |
| Farm Bureau | $2,200 |
| State Farm | $2,393 |
| Travelers | $2,452 |
| Allstate | $3,050 |
| Nationwide | $4,826 |
| Shelter | $5,347 |
| Geico | $8,090 |
| USAA* | $2,233 |
In Mississippi, a DUI stays on your record for five years.
If your driver’s license is suspended due to a DUI, you’ll need to file an SR-22 form with the state. An SR-22 proves you carry Mississippi’s required limits for car insurance. You must file the SR-22 for at least three years. If you don’t, the DMV will be notified and your license will be suspended again.
Best rates in Mississippi for bad credit: Farm Bureau
To get cheap car insurance for bad credit in Mississippi, get a quote from Farm Bureau, which charges an average of $2,254 a year. Progressive is the state’s next-cheapest company for drivers with poor credit, at $2,873 a year.
Cheapest car insurance companies with poor credit
| Company | Average annual rate |
|---|---|
| Farm Bureau | $2,254 |
| Progressive | $2,873 |
| Travelers | $2,908 |
| Geico | $3,256 |
| Nationwide | $3,269 |
| Allstate | $3,580 |
| Shelter | $4,140 |
| State Farm | $5,351 |
| USAA* | $2,233 |
Many car insurance companies connect your credit score with how likely you are to file a claim. Credit-based insurance quotes are still a hot topic, and some states either limit or ban the practice.
Insurance rates by city in Mississippi
Of the 25 largest cities in Mississippi, Starkville has the cheapest average car insurance rates of $1,559 a year. Jackson has the highest average rate of $1,979 a year.
Cheapest car insurance rates by city
| City | Average annual rate |
|---|---|
| Biloxi | $1,864 |
| Brandon | $1,842 |
| Clinton | $1,876 |
| Columbus | $1,629 |
| Gautier | $1,826 |
| Greenville | $1,763 |
| Gulfport | $1,885 |
| Hattiesburg | $1,767 |
| Hernando | $1,770 |
| Horn Lake | $1,809 |
| Jackson | $1,979 |
| Laurel | $1,745 |
| Long Beach | $1,866 |
| Madison | $1,844 |
| Meridian | $1,757 |
| Ocean Springs | $1,843 |
| Olive Branch | $1,811 |
| Oxford | $1,715 |
| Pascagoula | $1,861 |
| Pearl | $1,853 |
| Ridgeland | $1,850 |
| Southaven | $1,817 |
| Starkville | $1,559 |
| Tupelo | $1,591 |
| Vicksburg | $1,876 |
Your ZIP code is one of the car insurance rate factors companies look at when calculating your quote. Other factors include:
- Make and model of your car
- Annual mileage
- Your age
- Driving record
- Insurance claim history
Minimum coverage for car insurance in Mississippi
Drivers in Mississippi must have at least these liability car insurance coverage limits:
- $25,000 bodily injury coverage per person
- $50,000 bodily injury coverage per accident
- $25,000 property damage coverage
Keep in mind that these are the bare minimum car insurance limits you’ll need to carry. A long hospital stay or court case may push you over these limits. If that happens, you’ll have to pay the difference out of your own pocket. One way to avoid this is to choose higher liability limits for your policy.
Methodology
LendingTree uses insurance rate data from Quadrant Information Services using publicly sourced insurance company filings. Rates are based on an analysis of hundreds of thousands of car insurance quotes for a typical driver in Mississippi. Your own rates may be different.
Unless noted otherwise, quotes are for a full-coverage policy for a 30-year-old man with good credit and a clean driving record who drives a 2015 Honda Civic EX.
Full-coverage policies include collision, comprehensive and liability coverage:
- Bodily injury liability: $50,000 per person, $100,000 per accident
- Property damage liability: $25,000
- Uninsured motorist: $50,000 per person, $100,000 per accident if required in that state
- Personal injury protection: Minimum limits if required in that state
- Collision: $500 deductible
- Comprehensive: $500 deductible
*USAA only available to active duty military, veterans and their families.