According to Bankrate’s 2021 study on annual premiums, the average cost of full coverage car insurance for Mississippi is $1782 per year. Mississippi has the country’s highest number of traffic deaths, despite having only two million drivers. Mississippi has some of the most beautiful and uncrowded roads in America, but it also comes with its own hazards.
Before you get behind the wheel of a car, you need the right insurance. Bankrate has the most current data and rates to help find the best Mississippi car coverage for you. To determine the best options, our editorial team compared coverage options and third-party ratings. We also compared average rates, online tools, discounts, and ease of use.
Mississippi’s best car insurance companies
We compared coverage, pricing, resources, and ratings using the 2021 J.D. to find the best Mississippi auto insurers. AM Best and the Power Auto Insurance Study are both financial ratings. You can also compare this list with the list of best car insurance companies by Bankrate.
Alfa Insurance
J.D. rated Alfa Insurance at 837 points out of 1,000. The rating of Alfa Insurance was 837/1,000 points from J.D. Alfa Insurance is a regional insurance provider. It doesn’t offer all the bells & whistles of large companies but offers many of the most popular discounts and a few additional benefits. Alfa Insurance also offers roadside assistance.
All over the country
Nationwide earned an overall score of 831 out 1000 and an excellent AM Best rating. However, it scored below average for policy offerings and price. Nationwide offers a range of coverage options that allow you to customize your insurance plan. You have the option of rental car expense coverage in case you need it, towing and labor coverage for when you are out on the road, and roadside assistance coverage.
Progressive
Progressive scored an average score 828/1,000 across all categories of the survey. Progressive offers many coverage options and discounts so that you can have multiple policies from one provider. Progressive offers add-ons like custom parts or equipment value, which can offer financial protection for stereos and navigation systems. It can also provide coverage for rideshare insurance and roadside assistance.
State Farm
J.D. has given State Farm a rating 859 out of 1,000. Power, though customers felt the insurer didn’t offer the best prices unless they could take advantage of discounts such as Steer Clear for young drivers, Drive Safe and Save, which is for those who demonstrate that they are safe, responsible, and have completed defensive driving and vehicle safety courses.
Mississippi average car insurance costs
Mississippi has some of the most dangerous roads in the nation, so car insurance is more expensive. At $1,782 per year, the average cost of car insurance in Mississippi is more than the national average of $1,674 per year.
Mississippi’s minimum insurance requirements
Like almost all other state insurance requirements, Mississippi requires mandatory minimum levels of auto insurance. If you live and drive in the state, you must have the following minimum liability insurance coverages:
- Bodily injury coverage up to $25,000 per person
- Bodily injury coverage up to $50,000 for more than one person
- $25,000 property damage coverage
How to get the best car coverage
It is important to know which options will be most beneficial to you when searching for car insurance.
- It is important to evaluate your needs. Each insurance company has different coverage options, add ons, and discounts. If you have teens, you may want to pay less for insurance, or a provider who doesn’t charge as much for speeding tickets, if you do have them.
- Take into account state requirements: Mississippi is one of the states that requires minimum auto insurance. Consider factors like your driving record, budget, future plans, and mandatory coverage when shopping for car insurance. You should also consider factors such as weather conditions and distance from essential services, and how they will impact your vehicle usage.
Mississippi offers car insurance discounts
Finding the cheapest car insurance in Mississippi could be as simple as researching eligible discounts. Some of the most common discounts can save you as much as 25% on your Mississippi car insurance, including these popular savings programs:
- Insurance companies often offer safety discounts if you have a safe vehicle. Anti-theft and anti-lock brake discounts can be offered to deter thieves from targeting your vehicle.
- Discounts on payments: Many insurance companies offer discounts for paying your bills. These savings include automatic payment plans discounts or prepayments for an annual period.
- Your car: New cars can get you additional discounts Many insurance companies offer discounts for hybrid and electric vehicles.
- Driver discounts: There are many discounts that you can earn, including safe driver, low mileage, or telematics-based discounts. Special discounts are often available for students, military personnel, and teen drivers.
Insurance rates in Mississippi can be higher than those in other states due to its high number of traffic fatalities. It is especially concerning because many of these fatalities could have been prevented — a study found that half of the individuals who died were not wearing their seatbelts. You can save even more by practicing safe driving habits and asking about accident-free discounts which will reward you with savings every year that you don’t have an accident.
Here are some ways you can save money with top Mississippi auto insurers:
Questions frequently asked
What is the best Mississippi car insurance?
Your level of coverage, driving record, credit score, and age will all affect your car insurance rates. For a quick overview of the Mississippi insurance rates and how you can reduce your insurance costs, see our tables.
What information do you need to obtain Mississippi car insurance?
To get auto insurance, you’ll need:
- Information about the vehicle, including its make, model, and identification number. The (VIN), located on the dashboard at the driver’s end of the vehicle, can be found on the dashboard.
- Social security number
- Driver’s licence
- Documents such as utility bills and a lease can be used to prove residence.
- You can pay by check, debit, or credit card
What amount of Mississippi-required auto insurance do I need?
You must have liability insurance if you reside in Mississippi. The minimum coverage amounts are:
- Bodily injury coverage up to $25,000 per person
- Bodily injury coverage up to $50,000 for more than one person
- $25,000 property damage coverage
How do I get the best auto insurance rate?
Many car insurance companies offer discounts to help you win your business. Compare at least three companies to get the best auto insurance rate. A higher deductible could be an option. You could also choose a higher insurance deductible in case of an accident. However, you might save enough on your monthly premium to offset the higher amount.
Do I need to bundle my Mississippi car insurance?
Many insurance companies offer additional discounts when you buy more than one policy. In addition to popular home and auto insurance bundles, you can also bundle your car insurance with other types of insurance, such as homeowners, renters, condo and life insurance.
