Best Car Insurance in Mississippi for 2024 (2024)

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Mississippi locals know about stunning natural and cultural sites throughout the Magnolia State, like the Vicksburg National Military Park, Sandhill Craine National Refuge, or Elvis’s birthplace in Tupelo. Thankfully, car insurance in Mississippi tends to cost less than in other states, so hitting the road has never been easier.

In this article

  • Key takeaways
  • Best car insurance companies in Mississippi
  • USAA: Most affordable coverage
  • Farm Bureau: Best for ease of use
  • State Farm: Best budget pick
  • Progressive: Best for lowest deductible
  • Nationwide: Best for coverage options
  • Mississippi auto insurance requirements
  • How to choose a car insurance provider in Mississippi
  • How much does car insurance cost in Mississippi?
  • Mississippi car insurance rates by city
  • Methodology
  • FAQs about car insurance costs in Mississippi

Key takeaways

  • The best car insurance in Mississippi is USAA, which costs a yearly average of $840 for comprehensive coverage.
  • Drivers with a clean driving record pay an average of $113 per month for full coverage car insurance in Mississippi.
  • Gulfport drivers pay the most for insurance in Mississippi, a yearly average of $1,868.

Best car insurance companies in Mississippi

The best car insurance in Mississippi is USAA, which earned the highest customer satisfaction rating. It also had the cheapest full and minimum coverage prices, averaging $840 and $286 annually. GEICO was the most expensive option for full coverage insurance, averaging $1,432 per year. Travelers minimum coverage averaged $596 annually, the most expensive in Mississippi.

ProviderJ.D. Power customer satisfaction ratingEstimated annual full coverageEstimated annual minimum liability coverage
USAA876/1,000$840/year$286/year
Farm Bureau866/1,000$1,392/year$480/year
State Farm847/1,000$1,031/year$425/year
Progressive836/1,000$1,147/year$530/year
Nationwide834/1,000$1,413/year$522/year
GEICO828/1,000$1,432/year$449/year
Travelers818/1,000$1,369/year$596/year

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Best Car Insurance in Mississippi for 2024 (1)

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USAA: Most affordable coverage

USAA is Mississippi’s most affordable coverage and earned 876 out of 1,000 in customer satisfaction, the highest score in the state. It is a great option for people looking for standard policies and discounts. However, it is only available to military members, veterans, pre-commissioned officers, and the spouses and children of current USAA members.

Pros

  • USAA offers the lowest cost full and minimum coverage in Mississippi
  • It has multiple discounts, including up to 10% off if you bundle home and auto insurance

Cons

  • USAA policies are not available to everyone
  • USAA does not have some specialty coverages, like rideshare or roadside assistance

Get a quote now | USAA review

Farm Bureau: Best for ease of use

Farm Bureau in Mississippi received the second-highest customer satisfaction score in the state. However, its full and minimum coverage car insurance generally costs more than some carriers, and you may find more policy options with a competitor. Its local agents and adjusters may be easier to work with than more nationally known companies since Farm Bureau agents tend to live in the communities they serve.

Pros

  • Farm Bureau earned high customer satisfaction scores in Mississippi
  • It also offers additional coverage, including farm and ranch-specific policies

Cons

  • You’ll likely find more specialty coverage options with a competitor
  • Its full and minimum insurance coverage was more expensive than other carriers

Get a quote now | Farm Bureau review

State Farm: Best budget pick

State Farm was Mississippi’s second cheapest option for full and minimum coverage, averaging $1,031 and $425 annually. State Farm offers standard and specialty policies, including rideshare driver coverage, and has multiple discounts. Its policies are available to everyone in the state and had the best pricing for non-military members, but it only earned third place in customer satisfaction.

Pros

  • State Farm is the cheapest option available to everyone in Mississippi
  • It has multiple discounts, including one for seniors who complete a defensive driving course

Cons

  • State Farm offers online quotes, but you must purchase through an agent
  • It earned third place in customer satisfaction

Get a quote now | State Farm review

Progressive: Best for lowest deductible

If you file many insurance claims, a vanishing deductible may be an excellent way to help you save money. While Progressive had above-average costs on minimum car insurance, its Deductible Savings Bank can help you save up to $100 per year on your deductible for every year you don’t have an accident.

Pros

  • Progressive’s full coverage costs less than some competitors
  • It offers multiple discounts, including up to 12% for having more than one auto policy

Cons

  • Progressive earned fourth place in customer satisfaction
  • Its minimum coverage averages $530 annually, the second highest in Mississippi

Get a quote now | Progressive review

Nationwide: Best for coverage options

Nationwide has traditional auto coverages like comprehensive and collision, but it also includes extras, like covering up to $1,000 in vet bills if your pet is injured during a car accident. However, Nationwide’s coverage is expensive in Mississippi, costing an average of $1,413 annually for full coverage and $522 for minimum coverage.

Pros

  • Nationwide has customizable policy options, including accident forgiveness
  • It offers a SmartMiles program, which helps low-mileage drivers pay less

Cons

  • Nationwide earned a lower customer satisfaction score than other carriers in Mississippi
  • Its full coverage insurance is the second most expensive in the state

Get a quote now | Nationwide review

Mississippi auto insurance requirements

Mississippi requires that all drivers meet specific insurance requirements to drive legally. Those requirements are:

  • $25,000 per person per accident in bodily liability
  • $50,000 per accident for two or more people in bodily liability
  • $25,000 per accident for property damage liability

Most experts recommend carrying more than the minimum required since repairs or medical bills might exceed the limits.

Car insurance is usually the most cost-effective way to drive legally. However, instead of providing proof of insurance, Mississippi will also accept a bond, cash, or security deposit equal to the minimum amounts above.

How to choose a car insurance provider in Mississippi

As you search for a new car insurance provider, consider the following:

  • Confirm a company can pay claims: Use a website like Standard & Poor’s or AM Best to check the financial security of each insurance company. Before you request a quote, confirm that the company is licensed in Mississippi by checking the Mississippi Insurance Department or the National Association of Insurance Commissioners (NAIC).
  • Get multiple quotes: Compare pricing and coverage options from multiple companies and make sure the quoted policies match your current insurance type and limits. An insurance broker can help you gather quotes from various companies, but be aware of any fees or fine print before using their services.
  • Ask for reviews: Ask friends and family for recommendations. Review websites like the Better Business Bureau to see what problems customers have had using the company and if or how the insurance carrier solves them.

How much does car insurance cost in Mississippi?

The average cost of insurance in Mississippi is $518 per year for minimum coverage. The full coverage average is $1,359, compared to the national average of $1,582.

Gulfport drivers pay an average of $1,868 yearly, the state’s highest, while Meridian residents have the lowest annual average of $1,750.

Mississippi car insurance rates by city

The crime rate where you live can drastically impact your car insurance rates since higher theft and vandalism rates mean more insurance claims. According to the analytics website NeighborhoodScout, Gulfport, which pays the most for car insurance in the state, has one of the highest crime rates in the U.S.

The city earned a 3 out of 100 on the site’s crime index, meaning 97% of neighborhoods in America are safer than Gulfport. NeighborhoodScout estimates a Gulfport resident’s chance of car theft is one in 273.

CityAvg. annual full-coverage premium
Gulfport$1,868/year
Biloxi$1,837/year
Jackson$1,816/year
Hattiesburg$1,764/year
Oxford$1,753/year
Meridian$1,750/year

Methodology

Our analysis was conducted using six different auto insurance marketplaces to determine the best auto insurance in each state. The data we analyzed included coverage premiums from up to 10 different insurance providers. We looked at rates by city, driver profile, and credit score, as well as factored in the impact of driving violations. This data is for comparative purposes only. Your actual quote may be different.

FAQs about car insurance costs in Mississippi

What are the minimum car insurance coverage requirements in Mississippi?

The minimum insurance requirements in Mississippi are bodily liability coverage of $25,000 per person per accident and $50,000 per accident for two or more people. Drivers must also have $25,000 per accident in property damage liability.

How much does car insurance cost in Mississippi?

Car insurance costs an average of $1,359 per year for full coverage and $518 for minimum coverage.

Which car insurance companies cover Mississippi?

Most major car insurance companies cover Mississippi, including State Farm, USAA, GEICO, Progressive, Nationwide, and Farm Bureau.

What is the cheapest car insurance company in Mississippi?

The cheapest car insurance company on our Mississippi list is USAA, which costs an average of $840 per year for full coverage and $286 for minimum coverage.

Since USAA policies aren’t available to people outside the military, State Farm is the next cheapest option, costing $1,031 per year for full coverage and $425 for minimum car insurance.

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Best Car Insurance in Mississippi for 2024 (2024)

FAQs

Best Car Insurance in Mississippi for 2024? ›

In Mississippi, you can expect to pay approximately $3,701 per year for full coverage car insurance or $1,094 per year for minimum coverage. Car insurance in Mississippi is less expensive than the national average, which is around $4,211 per year for full coverage and about $1,407 per year for minimum coverage.

Who has the best auto insurance rates in Mississippi? ›

Cheapest Full Coverage Car Insurance in Mississippi
Cheapest Full Coverage Insurance: MississippiEstimated Monthly CostEstimated Annual Cost
USAA$72$860
National General Insurance$76$910
Nationwide$97$1,168
State Farm$106$1,270
4 more rows
Apr 11, 2024

Is car insurance expensive in MS? ›

In Mississippi, you can expect to pay approximately $3,701 per year for full coverage car insurance or $1,094 per year for minimum coverage. Car insurance in Mississippi is less expensive than the national average, which is around $4,211 per year for full coverage and about $1,407 per year for minimum coverage.

What is the minimum car insurance in Mississippi? ›

The minimum amount of Mississippi auto insurance coverage is $25,000/$50,000/$25,000. In the event of a covered accident, your limits for bodily injury are $25,000 per person, with a total maximum of $50,000 per incident. It also covers up to $25,000 for damage to another person's property.

Which insurance is best for car after 10 years? ›

Whether one has bought a new or used car, it is better to purchase comprehensive car insurance instead of just a third-party policy. This is because buying comprehensive insurance for an old car online provides coverage for accidental damages along with the third-party liabilities.

Who has the cheapest insurance in Mississippi? ›

Drivers in Mississippi who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:
  • State Farm: $332 per year, or about $28 per month.
  • Direct Auto: $359 per year, or about $30 per month.
  • Mississippi Farm Bureau: $424 per year, or about $35 per month.

What is the cheapest full coverage insurance in Mississippi? ›

Cheapest car insurance in Mississippi for full coverage
Insurance CompanyAverage monthly premiumSavings vs state avg. for min coverage
USAA$146- $377
State Farm$156- $259
Shelter$163- $181
Progressive$173- $60
1 more row

Why is MS car insurance so high? ›

If you live in a state prone to car accidents, theft, or weather damage resulting in more claims, the average insurance premium is likely higher. The average annual full coverage premium in Mississippi is $2,055, for example—much higher than the average annual premium in Maine at $1,507.

Who typically has the cheapest insurance? ›

USAA, Nationwide, Travelers, Erie, Geico and Progressive are the cheapest car insurance companies nationwide, according to our analysis.

How much is full coverage car insurance in Mississippi? ›

The average cost of full coverage car insurance in Mississippi is $917 per year or $76 per month, which is moderately priced compared to the national average cost. Mississippi is the 16th cheapest state for car insurance.

Is MS a no-fault state? ›

Mississippi is NOT a No-Fault State

Mississippi is an “at-fault” state. This means that victims of car accidents caused by another driver can request full insurance compensation from the driver or their insurance company.

What is the penalty for not having auto insurance in Mississippi? ›

Penalties for Driving Without Insurance in Mississippi
Type of OffenseLicense and/or Registration Suspended?Fees
No Proof of Insurance (Can Prove Coverage Later)NoDismissed with proof
1st Offense With No CoverageYes, licenseup to $1,000
Repeat Offense (No Coverage)Yes, licenseup to $1,000
Jul 17, 2023

What is the no pay no play law in Mississippi? ›

AN ACT TO CREATE THE "MISSISSIPPI AUTO LIABILITY INSURANCE NO PAY - NO PLAY ACT"; TO PROVIDE THAT THERE SHALL BE NO RECOVERY FOR THE FIRST $10,000.00 OF BODILY INJURY AND NO RECOVERY FOR THE FIRST $10,000.00 OF PROPERTY DAMAGE BASED ON ANY CAUSE OR RIGHT OF ACTION ARISING OUT OF A MOTOR VEHICLE ACCIDENT IF THE OWNER OR ...

Is it worth having full coverage on a 10 year old car? ›

According to ValuePenguin, if your vehicle is 10 years old or older, you may be paying too much for insurance if you have comprehensive or collision coverage. The average cost of comprehensive coverage is $134 per year, and the average cost of collision insurance is $290 per year.

Is it cheaper to insure an older or newer car? ›

While new cars may be more expensive to insure due to their higher value, older cars may be costly as well. Although they may have a lower value, older cars may also have expensive parts that could make repairs expensive.

Who has the most reasonable car insurance rates? ›

The Cheapest Car Insurance Companies

At the national level, the cheapest car insurance company is Auto-Owners, with average rate estimates of $39 per month for minimum coverage and $142 per month for full coverage, substantially cheaper than the national averages of $78 and $210 per month, respectively.

What is the average cost of auto insurance in Mississippi? ›

According to our research, drivers in Mississippi pay an average of $492 a year for minimum coverage and $2,133 per year for full coverage. The average cost of insurance in the U.S. for a full coverage policy is $2,299, about 8 percent more than average car insurance costs in Mississippi.

Is Geico cheaper than Progressive? ›

Cheapest quotes for most drivers: Geico

Geico charges slightly cheaper rates if you have a clean record. Geico offers quotes that average $1,937 annually for a full-coverage policy and $727 for a liability policy. Both Geico and Progressive offer quotes at average rates that are close to the national average rate.

Is Allstate or Geico more expensive? ›

Geico and Allstate are both reasonably priced insurers for most drivers, but there are some clear differences when it comes to the average cost of their policies. As you can see in this chart, Geico is the cheaper of the two for the average driver.

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