Best and Cheapest Car Insurance in Mississippi (10 Most Affordable Companies in 2024)
The top three companies for the best and cheapest car insurance in Mississippi are USAA, Geico, and State Farm. Finding the right coverage at an affordable price can be challenging, but with Clearsurance's unbiased reviews and rankings, you can easily compare and choose the best option as well as know what kind of insurance you really need.
Whether you're a teen driver, a married couple, or a senior, this guide will help you find the most cost-effective insurance rates. Learn more about the best car insurance companies in Mississippi and start saving today.
| Company | Rank | Monthly Rates | A.M. Best | Best For | Jump to Pros/Cons |
|---|---|---|---|---|---|
 |
#1 | $20 | Military Savings | A++ | USAA |
 |
#2 | $27 | Employee Discount | A++ | Geico |
 |
#3 | $31 | Financial Strength | B | State Farm |
 |
#4 | $33 | Unique Coverage | A++ | Travelers |
 |
#5 | $36 | Multi-Policy Discounts | A+ | Nationwide |
 |
#6 | $45 | Affinity Discounts | A | Liberty Mutual |
 |
#7 | $46 | Coverage Options | A+ | Progressive |
 |
#8 | $47 | Loyalty Discounts | A | American Family |
 |
#9 | $54 | Group Discounts | A | Farmers |
 |
#10 | $55 | Full Coverage | A+ | Allstate |
Comparing quotes and understanding various coverage options can help you find the best policy for your needs and budget. Explore your car insurance options by entering your ZIP code above and finding which companies have the lowest rates.
What You Should Know
- USAA offers top rates starting at $20 for car insurance in Mississippi
- Tailor your search to specific needs like teen drivers, married couples, or seniors
- Compare reviews to find the best and cheapest car insurance in Mississippi
On this page:
- Who offers the cheapest teen car insurance rates in Mississippi?
- Who offers the cheapest car insurance rates for a married couple in Mississippi?
- Who offers the cheapest senior car insurance rates in Mississippi?
- 10 Cheapest areas in Mississippi for car insurance
- 10 Most expensive areas in Mississippi for car insurance
- Minimum car insurance coverage and limits in Mississippi
- Mississippi’s uninsured motorists percentage
#1 – USAA: Top Overall Pick
Pros
- Military Savings: USAA offers significant discounts for military members and their families in Mississippi.
- Competitive Rates: According to our USAA customer ratings, USAA provides the lowest monthly rates at $20.
- Excellent Customer Service: High customer satisfaction ratings and efficient claim processing.
Cons
- Limited Availability: USAA is only available to military members, veterans, and their families.
- No Physical Locations: Primarily operates online, which might not suit all customers.
#2 – Geico: Best for Employee Discount
Pros
- Employee Discounts: Geico offers substantial discounts for various employers' employees in Mississippi.
- Low Rates: Geico’s monthly rates are highly competitive at $27.
- User-Friendly App: Geico's mobile app offers excellent functionality and ease of use.
Cons
- Limited Local Agents: Fewer local agents available for in-person assistance.
- Coverage Limitations: Some coverage options may be limited compared to other providers. You may explore our comparison article on "GEICO vs. Progressive: Which car insurance company do customers say is better?"
#3 – State Farm: Best for Financial Strength
Pros
- Financial Stability: Our analysis of State Farm insurance customer reviews reveals that State Farm is known in Mississippi for its strong financial standing and reliability.
- Extensive Agent Network: Numerous local agents provide personalized service and support.
- Variety of Coverage Options: State Farm offers a wide range of coverage options to suit different needs.
Cons
- Higher Premiums: State Farm’s premiums might be relatively higher at $31 per month.
- Discount Limitations: Multi-policy discounts may not be as competitive as other providers.
#4 – Travelers: Best for Unique Coverage
Pros
- Unique Coverage Options: Travelers offers specialized coverage options tailored to unique needs.
- Financial Strength: Our Travelers Companies, Inc. customer reviews indicates Travelers A++ rating indicating strong financial stability.
- Flexible Policies: Travelers provides customizable policies to suit various customer requirements.
Cons
- Average Rates: Monthly rates at $33 are competitive but not the lowest.
- Digital Experience: The online and mobile app experience could be improved.
#5 – Nationwide: Best for Multi-Policy Discounts
Pros
- Multi-Policy Discounts: Significant savings when bundling multiple insurance policies.
- Strong Financial Rating: A+ rating ensures reliability and stability.
- Variety of Coverage: Our assessment of Nationwide customer reviews illustrates Nationwide offers a broad range of insurance products.
Cons
- Premium Costs: Monthly rates can be higher at $36 compared to some competitors.
- Customer Service: Mississippi has mixed reviews on customer service experiences with Nationwide.
#6 – Liberty Mutual: Best for Affinity Discounts
Pros
- Affinity Discounts: Liberty Mutual provides substantial discounts for affinity group members.
- Comprehensive Coverage: Our Liberty Mutual insurance customer reviews highlights Liberty Mutual's wide range of coverage options for various needs.
- Convenient Online Tools: Excellent online tools and resources for policy management.
Cons
- Higher Rates: Monthly premiums are higher at $45 than some competitors.
- Claims Process: Mixed reviews on the efficiency of the claims process.
#7 – Progressive: Best for Coverage Options
Pros
- Diverse Coverage Options: Progressive offers a wide array of coverage choices in Mississippi.
- Snapshot Program: The findings from our Progressive insurance customer reviews demonstrates Progressive's potential savings through the Snapshot usage-based insurance program.
- Competitive Rates: Offers competitive rates at $46 for various coverage levels.
Cons
- Customer Service: Variable customer service experiences reported.
- Complex Pricing: Discounts and pricing can be complex and vary widely.
#8 – American Family: Best for Loyalty Discounts
Pros
- Loyalty Discounts: Significant savings for long-term customers. * Personalized Service: Our examination of American Family Insurance customer ratings shows American Family offers personalized service through a network of local agents.
- Comprehensive Coverage: Provides a variety of coverage options to meet customer needs.
Cons
- Limited Availability: Not available in all states.
- Premium Rates: Monthly premiums can be higher at $47 compared to other providers.
#9 – Farmers: Best for Group Discounts
Pros
- Group Discounts: Offers substantial savings for members of various groups and organizations.
- Strong Customer Service: The results of our Farmers insurance customer reviews suggests Farmers boast on its good customer service and support.
- Customizable Policies: Flexible policy options tailored to individual needs.
Cons
- Higher Premiums: Monthly rates are higher at $54 compared to some competitors in Mississippi.
- Limited Online Tools: Digital tools and mobile app could be improved.
#10 – Allstate: Best for Full Coverage
Pros
- Full Coverage Options: Comprehensive coverage options including various add-ons.
- Financial Stability: Based on our Allstate customer reviews, Allstate has an A+ rating ensuring strong financial health.
- Local Agents: Extensive network of local agents for personalized service.
Cons
- Higher Premiums: Monthly rates are on the higher side at $55.
- Customer Satisfaction: Mixed reviews on customer service and claims handling.
Minimum Car Insurance Coverage and Limits in Mississippi
The only auto insurance coverage Mississippi drivers are required to purchase is liability insurance, which provides coverage for damages and injuries to the other vehicle and its occupants in an at-fault accident, but only up to your policy’s limits. The minimum coverage requirements may not be enough - it's important to figure out what else could save you more money in the long run.
The minimum required limits for liability coverage in Mississippi are listed below, but given that injury-related expenses can add up in a hurry, you should consider purchasing higher limits. This would ensure that you would not be underinsured in the event of a costly accident.
| Insurance Company | Minimum Coverage | Full Coverage |
|---|---|---|
| Allstate | $55 | $147 |
| American Family | $47 | $120 |
| Farmers | $54 | $145 |
| Geico | $27 | $72 |
| Liberty Mutual | $45 | $119 |
| Nationwide | $36 | $96 |
| Progressive | $46 | $120 |
| State Farm | $31 | $82 |
| Travelers | $33 | $88 |
| USAA | $20 | $54 |
In addition to considering policy limits, Mississippi drivers also should consider adding some of the optional coverages available in the state, such as collision insurance and comprehensive insurance. These coverages will help pay for damages to your vehicle in an accident you cause, or damages to your vehicle from non-accident related damages, such as vandalism or hail.
Mississippi state minimum requirements:
Liability:
- Bodily injury — $25,000 per person
- Bodily injury — $50,000 per accident
- Property damage — $25,000 per accident
Bodily injury liability provides coverage for injuries sustained by the other vehicle’s driver and passengers if you are held responsible for an accident. This coverage also kicks in to defend you in the event of any legal claims.
Property damage liability provides coverage in the event you damage someone else’s property in a car accident, most commonly the other vehicle, but also things like a home or fence.
Best and Cheapest Car Insurance for Teens in Mississippi
Discover the monthly car insurance premiums for 18-year-old males and females in Mississippi, featuring the top 10 providers. Due to their inexperience, teen drivers often face higher insurance costs, making it essential to find economical options. This comparison aims to assist families in securing the most affordable insurance plans for their teenage drivers. For starting teen drivers, find out how to pass your driving test.
| Insurance Company | Age: 18 Female | Age: 18 Male |
|---|---|---|
| Allstate | $236 | $259 |
| American Family | $133 | $181 |
| Farmers | $265 | $279 |
| Geico | $94 | $91 |
| Liberty Mutual | $143 | $159 |
| Nationwide | $80 | $104 |
| Progressive | $263 | $297 |
| State Farm | $93 | $116 |
| Travelers | $200 | $314 |
| USAA | $60 | $71 |
These rates are based on profiles for 18-year-old male and female drivers in Mississippi. The car used was a 2015 Honda Civic EX. We used the minimum car insurance state limits. The rates displayed should only be used for comparative purposes as individual rates in Mississippi will differ. Rate data is provided by Quadrant Information Services.
Best and Cheapest Car Insurance Rates for Married Couples in Mississippi
Explore the monthly car insurance rates for married couples in Mississippi, showcasing the top 10 providers. Married couples often benefit from lower insurance rates due to their perceived stability and lower risk. This analysis helps couples identify the most cost-effective and suitable insurance options available to them.
Discover more information regarding the best car insurance companies for married couples.
| Insurance Company | Rates |
|---|---|
| Allstate | $69 |
| American Family | $56 |
| Farmers | $70 |
| Geico | $32 |
| Liberty Mutual | $48 |
| Nationwide | $46 |
| Progressive | $54 |
| State Farm | $41 |
| Travelers | $39 |
| USAA | $28 |
These rates are based on a 35-year-old married couple with two drivers and two vehicles on a policy. The cars used were two 2015 Toyota Highlander LEs. Full coverage was used with 100/300/50 limits and a $500 collision and comprehensive deductible. The drivers had one driving incident within the past three years and they both have a good credit score. The rates displayed should only be used for comparative purposes as individual rates in Mississippi will differ. Rate data is provided by Quadrant Information Services.
Best and Cheapest Car Insurance Rates for Seniors in Mississippi
Uncover the monthly car insurance rates for senior drivers in Mississippi, highlighting the top 10 providers. Insurance premiums for seniors can vary based on their driving record and age-related factors. This comparison assists seniors in finding the most affordable and appropriate insurance plans tailored to their needs. Uncover potential funds to keeps on our 6 ways to save on senior driver car insurance.
| Insurance Company | Age: 65 Female | Age: 65 Male |
|---|---|---|
| Allstate | $57 | $54 |
| American Family | $44 | $44 |
| Farmers | $54 | $53 |
| Geico | $26 | $26 |
| Liberty Mutual | $41 | $44 |
| Nationwide | $34 | $35 |
| Progressive | $46 | $44 |
| State Farm | $30 | $30 |
| Travelers | $32 | $32 |
| USAA | $20 | $20 |
These rates are based on profiles for 65-year-old male and female drivers. The car used for each was a 2015 Toyota Camry LE. Full coverage was used with 100/300/50 limits and a $500 collision and comprehensive deductible. The drivers had zero incidents within the past three years and a good credit score. The rates displayed should only be used for comparative purposes as individual rates in Mississippi will differ. Rate data is provided by Quadrant Information Services.
Most Affordable Areas in Mississippi for Car Insurance
Investigate the most affordable cities for car insurance in Mississippi, comparing monthly rates across different locations. Local factors such as crime rates, traffic density, and regulations can influence insurance costs. This analysis provides residents with insights into how their geographic location impacts their insurance premiums.
Obtain more knowledge on the 14 ways to get cheap car insurance.
| City | Rates |
|---|---|
| Starkville | $103 |
| Crawford | $106 |
| Guntown | $106 |
| Mooreville | $107 |
| Baldwyn | $107 |
| Tupelo | $107 |
| Verona | $107 |
| Sturgis | $107 |
| Saltillo | $107 |
| Nettleton | $107 |
These rates are based on a 35-year-old single adult with one driver and one vehicle on a policy. The car used was a 2015 Toyota Highlander LE. Full coverage was used with 100/300/50 limits and a $500 collision and comprehensive deductible. The driver had one driving incident within the past three years and had a good credit score. The rates displayed should only be used for comparative purposes as individual rates in Mississippi will differ. Rate data is provided by Quadrant Information Services.
Most Expensive Areas in Mississippi for Car Insurance
Find out which cities in Mississippi have the highest car insurance rates, with a focus on monthly premiums. Elevated insurance costs in these regions can result from factors like higher accident rates and vehicle theft. This comparison helps residents understand the financial impact of living in these high-cost areas. Read more information on the 5 steps to take after a car accident.
One of the variables that an auto insurance company factors into their prices is location. If an insurance agent tells you otherwise, they might not be telling the whole truth. On average, Hermanville is the most expensive area in Mississippi for car insurance. Car insurance rates vary by area in Mississippi because of differing driving behavior, frequency of accidents and crime rate in different areas. The table below displays the top 10 most expensive areas in Mississippi for car insurance based on average rates for a single adult.
| City | Rates |
|---|---|
| Hermanville | $142 |
| Washington | $141 |
| Pattison | $140 |
| Lorman | $140 |
| Port Gibson | $139 |
| Fayette | $138 |
| Natchez | $137 |
| Woodville | $136 |
| Crosby | $135 |
| Tinsley | $135 |
These rates are based on a 35-year-old single adult with one driver and one vehicle on a policy. The car used was a 2015 Toyota Highlander LE. Full coverage was used with 100/300/50 limits and a $500 collision and comprehensive deductible. The driver had one driving incident within the past three years and had a good credit score. The rates displayed should only be used for comparative purposes as individual rates in Mississippi will differ. Rate data is provided by Quadrant Information Services.
Mississippi's Percentage of Uninsured Drivers
Uninsured motorist coverage, which protects you if you are hit by uninsured driver, an underinsured driver, or a hit-and-run driver, is not a required coverage in Mississippi. But drivers would be wise to add it, as a staggering 23.7 percent of Mississippi drivers are without insurance — the second highest of any state — according to 2015 data from the Insurance Information Institute.
If you don't have underinsured motorist coverage and you end up in a crash with them, you'll end up paying out in compensation, and that might be detrimental to your financial strength.
Factors Affecting Car Insurance Rate in Mississippi
When searching and comparing quotes from the best auto insurance companies in Mississippi, it can be frustrating trying to understand how your insurance rates are calculated.
While there is no exact formula that each car insurance company uses when providing you a quote, there are many factors that do contribute to the price you pay for your insurance. Among the factors that car insurers consider are:
- Age, Gender, & Marital Status
- Driving Record & Annual Mileage
- Your Car’s Make, Model, and Year
- Location & Credit Score
- Amount of Car Insurance Coverage
You can always ask insurance carriers what they use, but sometimes they aren't able to give a definitive answer. One of the biggest misunderstandings when it comes to insurance rates is that the history of drivers in your area also contributes to how much you pay. What is a driving record and what does it track? For instance, even if you go two years without an accident, if there were a lot of accidents near you recently, your rates might still go up. Why is that the case?
Insurance providers disperse risk across all policyholders so that when it comes time to pay a claim, they have enough money to pay out. But imagine a scenario where they only raised rates for drivers with an accident. For drivers who had an expensive claim, the drivers simply wouldn't be able to afford the raised rates that are based off how much their insurer had to pay after an accident. So instead, insurance companies slightly increase rates across the board to offset the costs, though of course the at-fault driver may see a larger increase.
Strategies for Saving Money on Car Insurance in Mississippi
At the end of the day, we’d all like to have the best coverage at a cheap, affordable price from one of the best Mississippi car insurance companies. While you never want to sacrifice quality to save a couple of dollars, there are some different ways you can lower your car insurance premium. Be sure to check a car insurance shopping guide on how to save money.
To potentially reduce your car insurance rates, consider bundling your car insurance with other policies and increasing your deductibles. Paying your policy in full and opting for usage-based insurance can also help. It's important to keep an eye on price changes and consistently shop for better rates. Additionally, ask about available discounts and compare multiple quotes to find the most cost-effective option.
By practicing safe driving habits and taking a defensive driving course, you could be eligible to save some money on your rates. There is a wide variety of discounts that exist, so double checking with your insurer can also help to find affordable insurance.
How Clearsurance Ranks Mississippi Car Insurance Companies
Consistent with its mission towards greater transparency, Clearsurance does not keep its rating and ranking formulas in a black box. Our algorithm analyzes a range of inputs from our independent community of insurance customers, including:
- Price
- Customer Service
- Claim service
- Likelihood to renew
The algorithm also takes into account the percentage of what customers say the company does well vs. the percentage of what customers say the company could do better. The Clearsurance customer ratings and rankings are derived entirely from customer reviews and ratings. Explore the top 10 car insurance companies that customers are likely to recommend in Clearsurance reviews.
Bottom Line: Mastering Car Insurance Coverage
Whether you’re buying your insurance direct or going through an agent, understanding the different car insurance coverage options is a must. Do you know what is covered by comprehensive coverage? Are you familiar with uninsured motorist coverage? Do you know how a deductible works? Delve more details with or car insurance blog for more information and topics related to car insurance.
This way, you'll be able to see what competitive rates look for more than just the minimum level of coverage required by your state. Looking for more educational information about car insurance? Check out our car insurance blog for more information and topics related to car insurance, so that you can make your financial decisions with confidence. Enter your ZIP code below into our free comparison tool to find the lowest prices in your area.
Frequently Asked Questions
Who offers the cheapest teen car insurance rates in Mississippi?
It can be hard to find affordable car insurance for a new teen driver. They may have a clean driving record, but there's a limit on what that can do for a person in terms of finding cheap car insurance. Especially if they're new to having a license. Out of the ten largest car insurance companies in the state, USAA is the cheapest car insurance option for female and male teen drivers on average.
Who offers the cheapest car insurance rates for a married couple in Mississippi?
Married couples and families can save money by getting their insurance grouped together. Out of ten of the most popular auto insurers in the state, USAA offers the cheapest car insurance rates for married couples in Mississippi on average.
Who offers the cheapest senior car insurance rates in Mississippi?
Even a mature, safe driver who has been driving for many years will want to find affordable rates. USAA provides the cheapest car insurance rates for male and female senior drivers on average in Mississippi when compared against the largest insurers in the state. When you live on a budget, finding the lowest auto insurance rates can be vital.
What is the cheapest car insurance in Mississippi ?
The most affordable car insurance provider in Mississippi include USAA, which offers the cheapest rates for both minimum and full coverage at $20 and $54 respectively.
What type of car insurance is cheapest?
Generally, fully comprehensive insurance tends to be the most affordable option, although costs can vary depending on personal factors.
Is car insurance mandatory in Mississippi?
In Mississippi, having car insurance is legally mandatory. All drivers are required to maintain a minimum level of coverage and must carry proof of this insurance at all times.
What is the lowest form of car insurance?
Liability insurance is typically the most affordable type of car insurance. This coverage only pays for the bodily injuries and property damages of others if you are responsible for an accident. It does not cover damages to your own vehicle or costs related to your injuries.
Is insurance high in Mississippi?
Insurance rates in Mississippi tend to be slightly below the national average, providing a good opportunity for finding affordable options.
How much is no insurance in Mississippi?
Driving without insurance in Mississippi results in significant penalties, such as fines and possible license suspension. First-time violators face a $1,000 fine and may have their driving privileges suspended for up to one year. Repeat offenders are subject to higher fines, longer suspension periods, and potentially even jail time.
What is SR22 insurance in Mississippi?
An SR22 insurance certificate serves as proof of financial responsibility to the Mississippi Department of Public Safety (DPS) and must be kept for a minimum of three years. In Mississippi, drivers are legally required to carry minimum liability coverage, which includes $25,000 for bodily injury per person.
Which type of car insurance is best?
The best type of car insurance is comprehensive car insurance policy. This insurance policy offers extensive coverage, protecting against third-party liabilities and damages to your vehicle. Additionally, it provides compensation to family members in the event of the policyholder's death due to an accident.
Is Mississippi a no-fault insurance state?
Mississippi is not a no-fault state. It is an "at-fault" state, meaning that victims of car accidents caused by another driver can seek full insurance compensation from the at-fault driver or their insurance company.
What is the uninsured rate in Mississippi?
Mississippi often ranks among states with high uninsured rates, although its uninsured rate is typically lower than that of states like Texas, Florida, and Georgia. According to the American Community Survey, Mississippi's overall uninsured rate was 10.8% in 2022, with a rate of 16.4% among individuals aged 19 to 64.