It doesn’t matter if you live on the Gulf Coast or up in Tupelo, finding the best Mississippi car insurance is possible. It takes only a bit of research and comparison shopping in order to find the lowest coverage in the Magnolia State. Mississippi has more than 2 million drivers. In addition, 6.1% of the insured have filed collision claims. These are all important factors to consider when looking for insurance.
The number of fatal accidents in Mississippi ranks the highest among the country. Most of these were caused by not being properly restrained. It is possible to get cheap Mississippi auto insurance if you meet the minimum coverage requirements. The average cost for car insurance is $429 per annum for minimum coverage, and $1714 per annum for full coverage.
Mississippi has the cheapest car insurance
Rates between carriers can be as diverse as the 29,000 mile of maintained roads that you will find in Mississippi. These are the most affordable options available from top Mississippi companies based on 2021 rate data.
USAA
USAA offers Mississippi car insurance at a low price to current military personnel, veterans, and eligible family members. USAA offers the lowest rates for those who meet the eligibility criteria. The minimum coverage starts at $274 annually.
USAA offers discounts to military families, which allows for lower prices. You can get the usual provider discounts like multi-policy or multi-vehicles. Other premium discounts such as safe driving, good student and driver training are also available. As you add years to your service, your premiums will drop further.
State Farm
State Farm offers auto insurance at an affordable average rate. State Farm is the best option for MIssipians who wish to manage their policy through an app, website or agent.
State Farm offers a variety of discounts that will help you save even more, such as the Drive Safe and Save and Steer Clear programs. State Farm also offers discounts for loyal customers and good students, as well as safe vehicle options.
Southern Farm Bureau
Farm Bureau offers great coverage at affordable rates. Farm Bureau offers discounts for safe drivers, keeping a clean record, and bundling multiple policies. Through their Farm Bureau Member’s Choice program, they offer policyholders a unique opportunity. You may be eligible for one deductible if you bundle your home and auto.
Progressive
Progressive is another company to consider for affordable insurance options. Name Your Price allows you to create your policy according to your budget and take advantage of as many discount as possible. There are many discounts available, including those for safe driving and good students. You can even get discounts by obtaining your quote online or becoming a member of certain clubs or alumni groups.
Allstate
Allstate is a trusted company with many insureds. They also offer many discounts. Allstate is the most expensive auto insurance company in Mississippi. However, it offers discounts for those who qualify and can find a fair rate. While Allstate offers the usual multi-car and bundling discounts as well, the provider may also offer savings for those who pay in full or set up paperless billings.
Mississippi drivers need minimum coverage
Mississippi’s minimum requirements in auto insurance for residents include:
- $25,000 per person for bodily injury
- $50k bodily injury per accident
- $25,000 property damage per accident
Every driver must also carry proof of insurance at all times. Or, fines may be incurred if the proof of coverage is not presented.
It might seem tempting to get the minimum coverage when searching for Mississippi’s cheapest auto insurance. Insurance agents often recommend that you purchase more coverage if your coverage limits are inadequate. If you have $50,000 bodily injury coverage but not enough to cover multiple injuries, this might mean that you are not covered for all medical costs. The difference would be your financial responsibility.
How to Get Mississippi Car Insurance at a Cheap Price
There are a few ways to get Mississippi car insurance at a discount.
- Multiple quotes are a good idea to obtain the best premiums. You can not only compare providers and discounts but also compare coverage options.
- Ask about discounts: Another way to get the best rates is to take advantage of all discounts that you are eligible. Some discounts are easier to find, like multi-policy or multi-line discounts, but there might be less-known options. Ask your carrier about the available options.
- Your deductible can be increased: This is another way to lower your premiums. Your premiums will drop if you shoulder more of the cost burden and increase your deductible. Your out-of-pocket expenses will rise before your insurance provider assists with claims. So, consider carefully if this is the right option for you.
- Improve your credit score. Keeping your credit utilization low and checking your report for errors are some practical ways to improve your score and possibly lower your premiums.
Questions frequently asked
What is the best Mississippi car insurance?
There are many factors that can determine whether a carrier is the best. However, there are some carriers that are more notable for their financial ratings, customer service, and competitive rates. Individuals will have different priorities and will choose the best carrier for them.
What is the average cost for car insurance in the United States?
Minimum coverage car insurance costs in Mississippi are $429 on average, and full coverage is $1,714. Mississippi ranks 19th when you compare it to the national average of $563 per year for minimum coverage and $1738 for full coverage.
Can I change auto insurance companies at anytime?
You can change auto insurance companies at anytime. However, before you do, make sure you understand any penalties for cancelling your coverage prior to your renewal period. You should also have your new coverage in place before cancelling your existing policy. This will ensure that there is no delay in getting coverage.