The cheapest full coverage car insurance in Mississippi is $111, saving you $56 compared to the average cost of insurance in the state, which is around $167 per month.
CarInsurance.com has done the homework for you. We analyzed rates from various auto insurance companies in Mississippi, such as Geico, Progressive, State Farm and more, so you can effortlessly compare their rates to find the most affordable option.
“Drivers looking to get the cheapest insurance premiums in Mississippi should maintain continuous coverage and avoid any lapse. When it comes to shopping for a new insurance company, discounts may be applied if the drivers have maintained continuous coverage, which will help lower the annual premium,” says Lauren Mckenzie, senior insurance agent, A Plus Insurance.
- According to recent data, Nationwide offers the cheapest full coverage car insurance in Mississippi at $111 per month.
- Mississippi drivers with a clean driving record pay 41% less for car insurance than drivers with a DUI.
- In Mississippi, the city of Tupelo has the most affordable car insurance rates at $1,757 annually.
- Comparing price quotes from multiple insurers can help you save up to 34% per year on your car insurance policy in Mississippi.
Car insurance companies with cheap car insurance in Mississippi
Nationwide has the cheapest full coverage car insurance in Mississippi, at an average premium of $111 per month or around $1,331 per year, based on CarInsurance.com data.
A full-coverage auto insurance policy typically includes liability coverage, which is mandated by most states and optional coverages such as comprehensive and collision insurance, which have a deductible.
The table below provides the cheapest full coverage insurance quotes in Mississippi. We’ve gathered rates from different insurance companies to help you find the most affordable option.
Cheapest car insurance rates in Mississippi per month
| Company | Full coverage monthly rates |
|---|---|
| Nationwide | $111 |
| Travelers | $136 |
| State Farm | $150 |
| Southern Farm Bureau | $161 |
| Progressive | $178 |
| GEICO | $184 |
| Shelter Insurance | $206 |
| Allstate | $211 |
| Safeway Insurance | $246 |
| USAA* | $110 |
Note: USAA is only available to military community members and their families.
Who pays a lower insurance premium in Mississippi?
Car insurance quotes vary based on several factors such as your age, location, driving record, credit score, driving habits and vehicle. Some insurance companies may offer cheaper policies for certain types of drivers than others. For instance:
- Married drivers pay 9% less than single drivers.
- Mississippi drivers with clean records pay 41% less than drivers who have a DUI on their records.
- Mississippi drivers in their 20s pay 58% lower rates for insurance than a 16-year-old in Mississippi.
- Adding a teen to your policy will cost you 76% less than having the teen purchase their own auto insurance policy.
- Drivers who are licensed for three or more years pay 24% less on their insurance premiums.
- Drivers insured for three or more years can save up to 17% on their insurance costs.
TipIf you no longer drive regularly or work remotely, you may want to re-evaluate your insurance policy. Drivers with a daily commute of less than 15 miles can save up to 4% for this state more on their premiums.
Cheapest companies for different coverage levels in Mississippi
It’s no secret that car insurance quotes vary drastically from person to person and from company to company. Your car insurance premiums will also vary depending on the coverage level you choose, your driving history and other factors.
In addition to full coverage, there are also liability-only and state minimum policies. Unlike full coverage, liability-only and state minimum policies only cover damage to another driver’s bodily injury and property damage in the event of an accident.
Not all insurers offer the same coverage limits at the same price point. For instance:
- Progressive is the cheapest for a state minimum policy.
- State Farm has the cheapest rates for a liability-only policy (50/100/50).
- Nationwide offers the cheapest car insurance for a full coverage policy (100/300/100) in Mississippi.
The numbers above (100/300/100) represent coverage of up to $100,000 per person for medical bills with a $300,000 cap per accident, as well as up to $100,000 for property damage.
Cheapest companies for state minimum coverage in Mississippi
Mississippi requires all drivers to carry a minimum amount of car insurance, known as the state’s minimum coverage requirements. It means that your policy must include at least:
| Minimum coverage | Minimum limit |
|---|---|
| Minimum bodily injury liability | $25,000/$50,000 |
| Minimum property damage liability | $25,000 |
Read more about the minimum liability car insurance requirements by state
Below are the average annual rates from major insurance companies in Mississippi, ranked from cheapest to the most expensive for the state minimum coverage.
| Company | State minimum annual rates |
|---|---|
| Progressive | $346 |
| State Farm | $355 |
| Southern Farm Bureau | $383 |
| GEICO | $388 |
| Nationwide | $429 |
| Travelers | $457 |
| Safeway Insurance | $492 |
| Allstate | $691 |
| Shelter Insurance | $821 |
| USAA* | $283 |
Note: USAA is only available to military community members and their families.
Cheapest liability-only coverage in Mississippi
Your liability-only coverage will cover the cost of property damage or bodily injury you cause in an accident, up to the policy limits.
Below, you’ll see average annual rates for major insurance providers in Mississippi, ranked from cheapest to most expensive for liability insurance coverage. The coverage limit for the below-mentioned rates is $50,000 for bodily injury per person, $100,000 for bodily injury per accident and $50,000 for property damage.
| Company | Liability only annual rates |
|---|---|
| State Farm | $517 |
| Southern Farm Bureau | $540 |
| Nationwide | $563 |
| Progressive | $564 |
| GEICO | $622 |
| Travelers | $632 |
| Safeway Insurance | $691 |
| Allstate | $895 |
| Shelter Insurance | $939 |
| USAA* | $422 |
Note: USAA is only available to military community members and their families.
Cheapest full coverage car insurance in Mississippi
A full-coverage car insurance policy typically includes comprehensive and collision coverage, offering protection against accidents, theft, vandalism and damage from natural disasters.
In an ideal scenario, having full coverage means having a policy that aligns with your income, assets and risk profile. Lenders typically mandate full coverage for individuals financing their vehicles.
The following table lists the average annual rates of major insurance companies in Mississippi from the cheapest to the most expensive. These rates are for a full coverage policy with limits of $100,000 for bodily injury per person, $300,000 for bodily injury per accident and $100,000 for property damage.
| Company | Full coverage annual rates |
|---|---|
| Nationwide | $1,331 |
| Travelers | $1,636 |
| State Farm | $1,797 |
| Southern Farm Bureau | $1,933 |
| Progressive | $2,131 |
| GEICO | $2,210 |
| Shelter Insurance | $2,469 |
| Allstate | $2,527 |
| Safeway Insurance | $2,946 |
| USAA* | $1,320 |
Note: USAA is only available to military community members and their families.
Learn more about who has the cheapest full coverage auto insurance
Cheapest car insurance in Mississippi by driving history
In Mississippi, driving history significantly impacts car insurance costs. Insurance companies use this information to evaluate the risk of insuring a driver. Drivers with clean records pose less risk, leading to lower premiums.
Insurance companies consider traffic violations like speeding tickets, DUIs and at-fault accidents as indicators of risky driving behavior. So, they charge higher premiums to drivers with these violations on their record.
In Mississippi, drivers with a history of such violations typically pay $584 more annually than drivers with clean records.
Cheap car insurance rates after a speeding ticket in Mississippi
If you’ve got a speeding ticket on your Mississippi driving record and need affordable car insurance, State Farm might be the answer. With an average annual rate of $1,465, State Farm offers the cheapest full coverage auto insurance options for drivers with speeding tickets in Mississippi.
| Company | Rates before speeding | After speeding (1-29 mph over limit) | % difference | $ difference |
|---|---|---|---|---|
| State Farm | $1,361 | $1,465 | 8% | $104 |
| Nationwide | $1,137 | $1,570 | 38% | $433 |
| GEICO | $1,434 | $1,858 | 30% | $424 |
| Progressive | $1,538 | $1,947 | 27% | $410 |
| Travelers | $1,432 | $2,060 | 44% | $629 |
| Allstate | $1,995 | $2,211 | 11% | $215 |
| USAA* | $938 | $1,204 | 28% | $266 |
Note: USAA is only available to military community members and their families.
Cheapest car insurance in Mississippi after a DUI conviction
State Farm offers the cheapest car insurance to Mississippi drivers with a DUI conviction at $1,465 per year and Progressive has the second-cheapest insurance premiums at $2,004 a year, based on recent data.
Drivers with clean driving records can expect to pay an average of 41% less than those with a history of DUI.
| Company | Rates before DUI | Rates after a DUI | % difference | $ difference |
|---|---|---|---|---|
| State Farm | $1,361 | $1,465 | 8% | $104 |
| Progressive | $1,538 | $2,004 | 30% | $467 |
| Nationwide | $1,137 | $2,048 | 80% | $911 |
| Travelers | $1,432 | $2,149 | 50% | $717 |
| Allstate | $1,995 | $2,728 | 37% | $733 |
| GEICO | $1,434 | $4,432 | 209% | $2,998 |
| USAA* | $938 | $1,784 | 90% | $846 |
Note: USAA is only available to military community members and their families.
Cheap car insurance rates after an at-fault accident in Mississippi
State Farm is the cheapest car insurance company for drivers with a history of at-fault accidents with an annual premium of $1,622.
Nationwide is the second most affordable option, providing full-coverage car insurance with an average annual premium of $1,643.
If you’re found at fault in an accident, it can significantly raise your insurance premiums. Insurance companies view at-fault incidents as a sign of higher risk, leading to higher costs for coverage.
| Company | Rates before accident | Rates after accident | % difference | $ difference |
|---|---|---|---|---|
| State Farm | $1,361 | $1,622 | 19% | $261 |
| Nationwide | $1,137 | $1,643 | 45% | $507 |
| Travelers | $1,432 | $1,991 | 39% | $559 |
| GEICO | $1,434 | $2,404 | 68% | $970 |
| Progressive | $1,538 | $2,607 | 70% | $1,070 |
| Allstate | $1,995 | $2,953 | 48% | $958 |
| USAA* | $938 | $1,414 | 51% | $476 |
Note: USAA is only available to military community members and their families.
Check out the most affordable insurance options in your neighboring state
Which cities in Mississippi have the lowest auto insurance rates?
Your car insurance company sets your rates based on many factors. One of the most important is where you live. Companies look at the number and cost of car insurance claims in your area to determine how risky it is to insure you.
The city with the lowest auto insurance rates in Mississippi is Tupelo, at $1,757 per year.
Insurance companies use data about thefts, collisions and vandalism to decide how likely it is for one of these things to happen in your city. Insurers also consider your driving record, the type of car you drive and your car’s age to determine your premiums.
Below is a list of cities in Mississippi with the lowest auto insurance rates.
| City | Full coverage annual rates |
|---|---|
| Tupelo | $1,757 |
| Mooreville | $1,760 |
| Guntown | $1,761 |
| Verona | $1,767 |
| Saltillo | $1,768 |
| Blue Springs | $1,769 |
| Mantachie | $1,770 |
| Baldwyn | $1,772 |
| Starkville | $1,775 |
| Fulton | $1,776 |
A detailed guide on the 10 most important factors that influence car insurance rates
Average savings on car insurance in Mississippi
If you compare car insurance quotes, you could enjoy an annual saving of around 34% on a full coverage policy in Mississippi.
While the actual savings may differ for each person, comparing price quotes before buying a policy can help you find affordable insurance.
Car insurance discounts in Mississippi: Save on premiums
Car insurance discounts in Mississippi can help you save on car insurance premiums. Insurance companies offer discounts to drivers for safe driving, vehicle safety features and policy bundling. Here are some common car insurance discounts available in Mississippi.
Shop around and compare quotes from different insurance companies to find the best coverage and discounts for your specific needs.
| Discount type | % difference | $ difference |
|---|---|---|
| Anti-theft device | 1% | $27 |
| Daily commute | 4% | $90 |
| Days advanced purchase | 4% | $95 |
| Days per week driven | 4% | $82 |
| Education | 6% | $154 |
| Electronic funds transfer | 3% | $56 |
| Homeowner | 4% | $91 |
| Lower annual mileage | 6% | $126 |
| Loyalty – years renewal with company | 8% | $182 |
| Marital status | 9% | $182 |
| Multi policy | 7% | $152 |
| Paperless/electornic documents | 2% | $32 |
| Payment type | 7% | $175 |
| Primary use | 7% | $141 |
| Profession | 14% | $428 |
| Safety devices | 4% | $115 |
| Telematics | 11% | $224 |
| Years insured | 16% | $436 |
| Years licensed | 22% | $880 |
The bottom line on cheap car insurance in Mississippi
Based on our research, if you are a good driver, Nationwide is the cheapest in Mississippi for a full coverage policy.
We know that finding the best and cheapest auto insurance coverage is essential, but so is getting the right amount of protection.
The best way to find affordable car insurance in Mississippi is to know and understand the coverage you need, compare quotes, apply for discounts and maintain a clean driving record. Even if you have tickets or accidents, it’s still possible that the company will offer you a policy at affordable rates.
Resources & Methodology
Methodology
CarInsurance.com commissioned Quadrant Information Services to field rates in 2023 from all the major insurers in nearly every ZIP code of Mississippi for three different coverage levels:
- Full coverage policy with limits 100/300/100, including comprehensive and collision coverage and a $500 deductible.
- Liability-only with limits 50/100/50.
- State-minimum car insurance limits of 25/50/25.
The rates are based on the sample profile of a 40-year-old male and female driving a Honda Accord LX with a clean driving record and a good credit score. We have compared 53,409,632 car insurance quotes from 75 company groups across 34,588 ZIP Codes.
Violations:
Car insurance rates are calculated by evaluating the sample profile of a 40-year-old driver for a full coverage policy with limits 100/300/100, including comprehensive and collision coverage, and a $500 deductible, with the following incidents applied: clean record, at-fault accident, DUI conviction and speeding ticket.
Discounts:
Car insurance discount rates are for a full coverage policy with limits of 100/300/50 and a $500 comprehensive and collision deductible based on the sample profile of a 40-year-old male driver. To gather the data, our data experts compared 2,677,890 insurance quotes across various ZIP Codes.
The rates are for comparison purposes only and your exact rates may vary.
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