Looking for Cheap Car Insurance in Mississippi?
While Mississippi is known for Southern hospitality, it is also home to some of the highest car insurance rates in the country. Mississippi's minimum insurance coverage requirements aren't very high, so many of the state's drivers opt to drive without additional coverage, thereby increasing their risk and driving up the cost of insurance in general.
When it comes to finding the best insurance rates, location is only one factor to consider. If you live in Jackson, Biloxi, Tupelo, or any city in between, comparing insurance rates helps bag you the best premiums.
Carlay helps you get the best rates from many different providers in minutes. Carlay will monitor your rates before renewal, ensuring that you're always getting the best deal.
But don't take our word for it—check it out for yourself!
How Much Does Car Insurance Cost in Mississippi?
If you reside in Mississippi, the cost of basic liability car insurance will be $1,920 per year on average. But if you opt for full coverage car insurance in Mississippi, the cost will be approximately $2,919 per year on average.
Comparing the national average to the cost of a liability policy results in an average cost of $1,783 per year, while an average full coverage policy rings in at $2,485 per year.
What contributes to the insurance rates in Mississippi?
Mississippi's car insurance rates are among the highest in the nation. This is mainly due to two reasons:
- Uninsured drivers
If you're looking for car insurance in Mississippi, you'd better be prepared to pay more than most drivers around the country. The state has the second-highest rate of uninsured drivers in the country at almost 30%, which puts pressure on everyone else who wants to protect themselves and their assets.
- Severe weather
Mississippi's unique climate and geography make for higher car insurance rates than the national average. It is a state with a varied landscape. Storms, wind, and floods are common occurrences in the state, especially along the coastal regions of Mississippi. The state experiences severe weather on a regular basis, leading to more comprehensive claims.
Here is information on how much Mississippi sees in savings with Carlay compared to other states:
|All Coverage BeforeCarlay||All Coverage AfterCarlay||Minimum Coverage BeforeCarlay||Minimum Coverage AfterCarlay||Full Coverage BeforeCarlay||Full Coverage AfterCarlay|
|All Coverage BeforeCarlay||$2,408||$2,489|
|All Coverage AfterCarlay||$1,576||$1,671|
|Minimum Coverage BeforeCarlay||$1,300||$2,360|
|Minimum Coverage AfterCarlay||$902||$1,390|
|Full Coverage BeforeCarlay||$3,686||$2,761|
|Full Coverage AfterCarlay||$2,702||$1,963|
Top auto insurance providers in Mississippi
The insurance companies in Mississippi offer friendly, excellent service and a remarkable number of quality options. The well-known names are State Farm and The General. Unfortunately, finding the right insurance company is not as simple a matter as picking one from a lineup.
And as you go through the process, it can get a little tougher. Insurance companies set their premiums based on a variety of factors. As a result, when you get quotes from five different companies, it's likely that you'll end up with five different prices—even for the same coverage.
Your age, driving record, and location can all have a big effect on how much you pay for car insurance. Your choice of car can also affect your insurance costs. For example, covering a BMW 6-series will cost more than insuring a Honda Civic.
Check out the awesome deals that Carlay customers in Mississippi have been able to secure with different insurance agents:
What Car Insurance Do You Need in Mississippi?
Before you hit the road in Mississippi, you need to have your car registered and the following insurance:
|Bodily injury liability||$20,000 per person / $40,000 per accident||Covers the costs associated with injuries you cause to others|
|Property damage liability||$5,000 per accident||Covers the costs associated with damage you cause to other people's vehicles or property|
|Personal injury protection||$8,000||Covers medical expenses, lost wages, and rehabilitation costs after an accident|
|Uninsured motorist coverage||$20,000 per person / $40,000 per accident||Reimburses you for your expenses from an accident caused by an uninsured driver|
If you drive without these minimums, you're in for some serious trouble. The penalties are as follows:
- Fine of up to $1,000
- Driver's license suspension for up to 1 year
- Financial liability in the event of an accident
Even if your state requires you to have auto insurance, it probably won't be enough in the event of an accident. The best thing you can do is get a lot of insurance, such as:
|Collision insurance||Covers damages that are the result of a collision with a vehicle or stationary object|
|Comprehensive insurance||Covers damages that aren't the result of a collision, such as vandalism, theft, or a natural disaster|
|Rental reimbursement||Reimburses you for your rental car expenses while your car is being repaired after a claimable accident|
Are you ready? Carlay to the rescue!
Carlay simplifies the process of choosing a car insurance policy based on your specific needs and wants. You spend less than a minute applying, and you'll receive customized quotes from 50+ top auto insurers, including Nationwide and Travelers. Carlay customer savings average $879 per year!
To help you know what type of insurance you need, let's identify the factors that impact the cost of each policy.
How is Your Cost of Car Insurance Determined in Mississippi?
When you can buy car insurance in Mississippi, it's important to know what factors impact your final rate so that you can be prepared. These include your age, driving record, location, and vehicle.
- Cost to insure your car in Mississippi by age
Your age is a significant factor in your car insurance rates because it relates to your experience driving. It costs young drivers a lot more to insure their vehicles than it does to insure those of drivers in older age brackets since younger drivers tend to be more reckless and are involved in more accidents. So, they can expect to pay more for auto insurance until they're 25.
What young drivers in Mississippi need to know
Mississippi's graduate licensing program helps young drivers develop safe driving behaviors. Young Mississippians should know that defensive driving courses are an effective formula for lowering their insurance costs while reducing their risk level on the road. Moreover, to help young drivers in Mississippi improve their driving skills, maintaining a good average can qualify for a good student discount.
While it can be daunting, don't give up! When you're young, you usually won't get the same low rates that your parents enjoy, but if you shop around and maintain a clean driving record, good deals are still available to you.
No matter your age, you can dramatically lower your car insurance rates with Carlay. Let's take a look at the average savings by age:
|Age Group||Average Cost||Annual Savings withCarlay|
- Cost to insure your car in Mississippi with a poor driving record
Your driving record has a significant impact on your insurance rates. Accidents, speeding, and driving-related convictions like DUIs or reckless driving charges all add up to you being a higher risk for your insurance company—and will result in higher Mississippi car insurance premiums.
If you have a couple of driving violations, you probably want to find a way to fix your insurance rate. That's where Carlay can help.
Here are a few of the ways we can save money for customers with poor driving records:
|Driving Violation||Average Cost||Annual Savings withCarlay|
|Failure to Obey Traffic Sign||$3,987||$1,628|
|Speeding over 15||$3,461||$1,428|
|Speeding under 15||$3,336||$1,364|
|Driving on Sus. License||$3,424||$1,285|
- Cost to insure your car in Mississippi based on where you live
In Mississippi, over a third of the two million licensed drivers don't have insurance. This alone contributes to high rates across the state. However, there is significant variation even within the same area.
Urban drivers pay more for auto insurance than those in rural areas because urban areas have higher rates of accidents, thefts, and claims due to their congestion. So if you live in a city with a lot of population density, like Gulfport or Jackson, your insurance rates will be higher than if you live in a very sparsely populated rural town.
Here are the 10 most affordable cities in Mississippi for car insurance:
|City||Average Cost||Annual Savings withCarlay|
- Cost to insure your car in Mississippi based on the type of car you drive
Another factor that can influence your auto insurance premium is your car. If you drive a Ford F-150 or Chevy Silverado light-duty pickup truck, you won't have to scour too many different insurers to find affordable car insurance.
In general, insurance premiums are lower on cars that are cheaper to repair or replace in the event of an accident. If you drive less, you can save money on insurance because your risk of getting in an accident is lower.
Here's how much it costs to insure some popular makes and models with Carlay:
How to Save Money On Car Insurance in Mississippi?
It's always a good idea to see if you can save on your insurance—even if you have already found an affordable policy, there's always room for little extra savings.
- Shop around for quotes
There are many ways to save on car insurance, but comparison shopping is one of the easiest and most successful. Although the process of getting a car loan is certainly more streamlined than it used to be, it still requires some effort. Let Carlay handle it all for you.
Carlay is an app that streamlines the process of finding affordable car insurance. With just a few taps, the app streamlines a list of policy recommendations from several providers at once. Carlay handles all the paperwork, and you get all the savings. No hassles.
- Look for discounts
Many insurance companies offer discounts if you qualify for them. Stacking discounts can save you a lot of money. Here are some of the most popular ones in Mississippi:
|Discount||Who is eligible?|
|Good driver discounts||Good driver discounts are for Texas drivers who have had a valid driver's license for the past three consecutive years, have no more than one point on their driving record, and have no serious driving-related convictions. This discount is mandated by state law and saves drivers 20% on their car insurance premium.|
|Bundling discounts||Insuring multiple products (like auto and home) with the same company is an easy way to get a bundling discount, which can result in savings of around 18%.|
|Defensive driver discounts||Most insurance companies offer discounts to drivers who complete a state-approved defensive driving course. This can be particularly helpful for young drivers who typically face high premiums.|
|Payment and billing discounts||Policyholders who pay their premium in full, set up automatic payments, or sign up for paperless billing may be eligible for a discount of up to 25% on their annual premium.|
|Good student discounts||Good student discounts can help reduce insurance premiums for young drivers, who typically have sky-high rates until they turn 25. Full-time students who maintain a B average may qualify for savings up to 25% through their insurer.|
|Continuous coverage discounts||Many insurance companies offer discounted rates—often 5% to 25%—to policyholders who have been continuously insured for 6 months or more.|
- Increase your deductible
Your deductible is the amount of a claim that you must pay before your insurance company starts to cover costs. Unless you want to risk paying more out of pocket, you should consider how raising your deductible might affect your premiums. However, make sure that you can afford your insurance deductible payments on a regular basis—otherwise, you could wind up in debt.
Registering Your Car in Mississippi
If you're looking to register a car, the Mississippi Department of Motor Vehicles suggests bringing the following items with you:
- Valid driver's license or ID card
- Proof of insurance
- Proof of sales tax payment
- Car title or signed lease agreement
- Safety inspection certificate (if you have tinted windows)
As a Mississippi resident, you must renew your vehicle registration annually. You can do this online or in person.