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Compare car insurance in Mississippi

Get the cheapest car insurance in Mississippi for 2021

In Mississippi, the average cost of car insurance stands at $1,149.85 annually or about $96 monthly for coverage, according to the National Association of Insurance Commissioners (NAIC). To compare, the nationwide average is closer to $1,190 a year.

However, the NAIC considers policies both with state minimum coverage along with those that have extra coverage and higher liability limits. Because outside factors like your driving record, exact car and ZIP code influence your rate, you could end up paying more or less than your state’s average cost.

Mississippi car insurance quick facts

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Minimum liability requirements

25/50/25

Average annual car insurance cost according to the NAIC

$1,149.85

At-fault state

In at fault states, the driver who caused the accident pays for damages.

Mississippi state minimum car insurance requirements

To legally drive in Mississippi, every driver needs to carry bodily injury and property damage liability coverage. You may see the amount of liability required written as 25/50/25. These are the coverage limits, or the maximum amount that your insurance will pay if you cause an accident.

Let’s break down what’s covered by these state minimum requirements.

Bodily Injury Liability

Bodily injury liability

  • $25,000 for bodily injuries per person
  • $50,000 for injuries to more than one person

At a minimum, you need 25/50 in bodily injury liability in Mississippi. This level of coverage pays up to $25,000 if you cause injuries to one person and $50,000 total if you injure two or more people in the same accident.

You’ll find similar requirements across other US states, but consider higher limits in case medical expenses go beyond this amount. Bodily injury liability kicks in when you’re at fault and caused injuries to other drivers, passengers or even pedestrians.

Property damage liability

Property damage liability

  • $25,000 in property damage liability

Mississippi requires at least $25,000 for property damage, kicking in if you cause car damage or damage to personal property like custom car equipment or property fencing. This amount is a standard level of coverage, although many states require less coverage.

Finder tip: Mississippi’s state minimum coverage isn’t enough

While Mississippi keeps fairly standard state requirements, this coverage might not help in all situations, especially for more serious car accidents. Most states require a barebones level of protection, so think about upping your liability limits and adding optional coverage that fits your driving needs.

7 factors that affect car insurance rates in Mississippi

Factors are characteristics specific to you that car insurance companies use to set how much you’ll pay for car insurance. The less risky each of your factors is the less you pay, the riskier you are the more you’ll pay. We’ll break down Mississippian’s rating factors to keep in mind.

FactorHow it affects your rates
Age

Age

How old you are is a top factor in determining your car insurance rates. With each passing year, you earn more experience on the road. More experience can equal cheaper rates. Teen drivers pay the most, but rates begin to level off around your 20’s with drivers over 50 paying the least.
Gender

Gender

Mississippi takes gender into account when determining your rates. Our analysis of Quadrant data found that men under 18 pay 17% more for car insurance compared to women of the same age. But, between 31 and 45, women see rates 5% higher than men. After 45, rates differ between men and women by only 1%, with women on the higher end.
Location

Location

Where you live affects your rates, including where you park your car. High theft rates, high traffic and a high number of uninsured drivers could mean higher rates.

Mississippi vehicle theft rates stand at 205 vehicle thefts per 100,000 inhabitants, according to the FBI’s most recent report on vehicle theft rates. That’s below the national average of 246 vehicle thefts per 100,000 inhabitants.

As for uninsured drivers, 29.4% of Mississippians on the road are uninsured. This state holds the highest percentage of uninsured drivers in a state according to Insurance Information Institute, and well above the national average of 12.6%.

Driving Record

Driving Record

The better your driving record, the lower your premium. If you’re in an at-fault accident you could see rates increases from 20% to 50%. And DUI’s in Mississippi can increase your rate by around 27%. These types of violations typically stay on your record for about three years.
Vehicle and mileage

Vehicle and mileage

Your car’s make, model and trim directly affect how much you’ll pay for car insurance. Things like its cost, safety ratings, the likelihood of theft and sportiness all help insurers determine its cost to insure.

Safer and cheaper vehicles score the lowest rates, with luxury vehicles with higher repair costs resulting in higher premiums.

And, the more you’re on the road, the more at-risk you are to get in an accident, which means higher premiums. However, according to the Bureau of Transportation, Mississippians drive an average of 37 miles per day, that’s above the average across the US of 36.1 miles per day.

Credit score

Credit score

Your credit score is included in your credit-based insurance score which insurers use to help calculate rates. According to the Insurance Information Institute, there is a strong correlation between your insurance score and claims filings. A good credit-based insurance score could mean lower rates.

Mississippi drivers have protections under state laws that regulate the use of your credit history when issuing car insurance policies. Credit score can’t be the only factor used to determine your rates.

Coverage

Coverage

The more coverage you get and the higher limits you choose, the more protection you’ll have and the more you’ll pay in monthly premiums. And, if you opt for full coverage car insurance that includes comprehensive and collision, the amount of your deductible weighs into your costs too, higher deductibles mean lower monthly premiums.

Most popular Mississippi auto insurance companies list

CompanyDirect premiums written (billions)Market share
State Farm$485,36724.5%
Southern Farm Bureau$232,23111.8%
Progressive$220,48911.2%
Allstate$151,8457.7%
Liberty Mutual$142,4197.2%
Geico$134,0316.8%
USAA$108,2685.5%
Nationwide$100,3405.1%
Alfa Mutual$71,8203.6%
Shelter$65,4113.3%

Cheapest car insurance rates in Mississippi

CompanyAverage annual rateLearn more
Alfa$351
Southern Farm Bureau$440
State Farm$674
USAA$692Get a quote Read review
Allstate$804Get a quote Read review
Safeco$809
SafeAuto$853
Shelter$929
Geico$1,509Read review
Liberty Mutual$1,857Get a quote

Which city has the cheapest car insurance in Mississippi?

Of Mississippi’s largest cities, Madison has the cheapest rates and Gulfport has the most expensive car insurance rates. Gulfport drivers could face rates 2 times more than Madison drivers.

Car insurance quotes in Olive Branch

CompanyAnnual car insurance rate
Allstate$690
Safeauto$841
Geico$975
Statefarm$751
USAA$782

Car insurance quotes in Gulfport

CompanyAnnual car insurance rate
Allstate$804
Safeauto$951
Geico$1002
Statefarm$744
USAA$770

Car insurance quotes in Madison

CompanyAnnual car insurance rate
Allstate$562
Safeauto$843
Geico$1000
Statefarm$671
USAA$720

Car insurance quotes in Brandon

CompanyAnnual car insurance rate
Allstate$562
Safeauto$858
Geico$966
Statefarm$846
USAA$733

Car insurance quotes in Southaven

CompanyAnnual car insurance rate
Allstate$690
Safeauto$866
Geico$975
Statefarm$782
USAA$782

Compare car insurance providers in Mississippi

Name Product Roadside assistance New car protection Accident forgiveness Safe driver discount Available states
Allstate
Optional
13%
All 50 states
Your dedicated agent can help you find the best savings with multiple discounts and rewards programs.
Progressive
Optional
30%
All 50 states & DC
Discover coverage that’s broader than competitors, valuable discounts up to 30% off and perks like shrinking deductibles that reward no claims.
Pretected
Pretected
Optional
Yes
All 50 states
Get your most compatible insurance options via a "smart matching" method aimed at finding you value.
The AARP Auto Insurance Program from the Hartford
Optional
Yes
All 50 states
Enjoy low rates for mature drivers, plus perks like new car replacement and lifetime repair guarantees. Only for drivers over age 50.
Clearcover
Optional
Yes
AZ, CA, GA, IL, IN, KY, LA, MD, MO, MS, NE, OH, OK, PA, TX, UT, VA, WI & WV
Get instant online support and score a low rate thanks to online data that sets premiums automatically.
Root
52%
Available in 31 states
Track your driving to receive a low rate that reflects your driving skills, and enjoy a fully app-based policy experience.
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Compare up to 4 providers

Does Mississippi require SR-22 insurance?

No, Mississippi is one of the states that doesn’t require you to file SR-22 after a DUI or other major driving offense. SR-22 is a form your insurance provider files with your state DMV to prove you meet mandatory insurance requirements.

Bottom line

There are lots of cars out on the roads, so make sure you’re protected in case of an accident. While Mississippi state laws only requires liability insurance, consider your full options to hit the road knowing you’re protected behind the wheel.

Common questions about car insurance in Mississippi

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