Cheap Car Insurance in Mississippi for 2022

Mississippi drivers typically pay about 6% more for insurance than the national average. Higher rates come from a variety of sources, but one of the biggest is that about 30% of Mississippi drivers are uninsured.

Despite slightly higher rates, finding cheap auto insurance in Mississippi doesn’t have to be challenging. A variety of factors affect how much you’ll pay for car insurance, so comparing quotes is a simple way to find the lowest prices.

Read below to learn more about insurance in the Magnolia State and which companies offer the lowest rates. Then, compare quotes with as many companies as possible to find the best policy for you.

Which insurance companies in Mississippi are the cheapest?

When you’re searching for cheap car insurance in Mississippi, looking at the average rates from different companies is a good place to start. USAA, Nationwide, GEICO, and State Farm generally offer low rates in Mississippi, though you might find a more affordable quote elsewhere.

You can explore Mississippi’s most affordable companies below for a variety of factors that commonly affect insurance rates. Keep in mind that your rates will be a unique combination of factors like your age, ZIP code, and driving record. Your actual quotes might be different than the average prices listed below.

Minimum Insurance Rates in Mississippi

Most states require minimum car insurance, and Mississippi is one of them. According to the Mississippi Insurance Department, Mississippi requires the following coverage before you can drive or register a car:

• Bodily injury liability — $25,000 per person
• Bodily injury liability — $50,000 per accident
• Property damage liability — $25,000

Liability insurance protects you from financial responsibility after an accident you cause. It pays for repairs to other cars and injuries to drivers. It also helps cover any legal troubles you might have.

Minimum state insurance is your cheapest coverage option. You can get an idea of how much you might pay for minimum insurance in Mississippi below.

USAA is often the cheapest insurance option for many people, but it has strict membership requirements. Only active or retired military members or their families qualify for coverage with USAA. If that doesn’t apply to you, GEICO might have the cheapest minimum insurance rates.

Although minimum insurance is your cheapest option, it comes with a financial risk. If your insurance limits are met, you’ll be responsible for any leftover damage. Most insurance representatives suggest buying more than the minimum liability insurance required by your state to ensure you never have to worry about running out of coverage.

Full Coverage Rates in Mississippi

Although full coverage costs more than minimum insurance, it offers better protection for your car. Full coverage includes liability, comprehensive, collision, uninsured/underinsured motorists, and either personal injury protection or medical payments.

While Mississippi doesn’t require full coverage, you’ll probably need it if you have a loan or lease on your car. Your rates depend on your unique factors, but you can get an idea of how much you’ll pay below.

Again, USAA offers the cheapest rates at about $105 per month. Nationwide and State Farm might be your most affordable options outside of USAA, each at about $117 a month.

Most insurance companies offer add-ons you can purchase to increase the value of your policy. Some of the most popular options for Mississippi drivers include the following:

• GAP coverage or loan/lease payoff
• Roadside assistance
• Rental car reimbursement
• Classic car insurance

Although adding more coverage to your policy is never a bad idea, it does increase how much you’ll pay. Choosing the right insurance options is integral to keeping your rates affordable.

Mississippi Car Insurance Rates by Age

Insurance companies look at a variety of factors to determine your rates. One of the most important factors is your age, with young, inexperienced drivers paying some of the highest rates for insurance.

Young drivers pay more for insurance because they are statistically more likely to drive recklessly and cause accidents. The good news is that your rates will start to decrease around 25, as long as you keep your driving record clean.

Young drivers should make sure to get a quote from the Mississippi Farm Bureau, as it offers the lowest average rates for people under 20. It’s especially important for young people to compare quotes from different companies because finding cheap rates for teens can be difficult.

Mississippi Car Insurance Rates by Credit Score

Another critical factor in your car insurance rates is your credit score. While some states have banned using credit scores, Mississippi is not one of them. Drivers in Mississippi pay much more when they have poor credit scores, with prices up to 155% higher than drivers with excellent scores.

As you can see, there is a lot of variation in rates for drivers with poor credit scores. For example, you might pay over $7,000 a year with State Farm, even though the company offers some of the lowest rates for full coverage.

While your rates will be high if you have a low credit score, you won’t necessarily be stuck with them forever. If you can improve your credit score, your rates will drop.

Mississippi Car Insurance Rates After an Accident

Another key factor in your insurance rates is your risk level of future claims. One of the best ways to determine your riskiness is by looking at your driving record. Drivers with an at-fault accident on their record pay higher rates because they are statistically more likely to file future claims.

While rates are higher, some companies are more forgiving of car accidents than others.

Although State Farm has some of the highest rates for drivers with low credit scores, it offers some of the lowest after a car accident. This highlights why you should compare rates when shopping for car insurance since it’s not always obvious which companies offer the cheapest rates.

Although you’ll pay more for insurance after an accident, your rates will decrease after about three years if you avoid further incidents. However, you might have to find high-risk car insurance if you have multiple accidents.

Mississippi Car Insurance Rates After a DUI

While many things affect your car insurance quotes,  being charged with a DUI has one of the biggest impacts on your car insurance rates.

While some companies might drop you after a DUI charge, most will still work with you after your first charge. However, your rates will be significantly higher.

Once again, State Farm offers the lowest average rates for Mississippians. However, rates can vary greatly by company, so comparing quotes after a DUI charge is essential.

Increased insurance rates aren’t the only consequence of a DUI in Mississippi. Mississippi state law imposes the following consequences for DUIs:

• First offense — up to 48 hours in jail, $1,000 fine, 90 days of license suspension, 90 days with an interlock device in your car, and mandatory attendance in an alcohol education course.
• Second offense — up to one year in jail, $1,500 fine, one year of community service, 45 days of license suspension, vehicle impoundment, and alcohol education.
• Third offense — up to five years in jail, $5,000 fine, forfeiture of your vehicle, three years with an interlock device, license suspension for two years, and alcohol education.
• Fourth offense — up to 10 years in jail, $10,000 fine, and license suspension of five years.

DUI charges come with serious financial and legal troubles, but your insurance rates won’t necessarily be high forever. DUIs typically affect your insurance rates for about seven years.

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Which cities in Mississippi have the cheapest rates?

From coastal towns like Biloxi to fascinating historical cities like Jackson, Mississippi is a diverse state with unique car insurance needs. 

Some cities pay much more for insurance than others. Cities like Jackson tend to pay higher rates because of heavier traffic and increased thefts. Other towns like Gulfport pay more because of the risk of extreme weather. 

No matter where you live in Mississippi, the state’s large number of uninsured drivers plays a significant role in higher insurance rates.

Does Mississippi have other car insurance laws?

Aside from the minimum insurance requirements, Mississippi has a few other laws drivers should be aware of.

First, all drivers must carry proof of insurance in their car. You can carry a physical copy of your insurance or a digital card on your phone. Drivers must show proof of insurance upon request from law enforcement.

If you can’t provide proof of insurance, you’ll face a fine of up to $1,000. Your license will also be suspended until you show the court that you meet the minimum insurance requirements.

People who are caught driving without insurance face severe consequences. These consequences include the following:

• $500 fine
• License suspension until insurance proof is provided, up to a year
• SR-22 requirement for three years
• License reinstatement fees

While there might be times when it’s tempting to drive without insurance, it’s not worth the risk. You can avoid these consequences by either buying car insurance for your car or finding an alternative means of transportation.

Do you need SR-22 car insurance in Mississippi?

Many states — including Mississippi — require drivers to submit proof of car insurance after various incidents. Although you’ll often see SR-22 insurance advertised, it’s not a specific type of coverage. Instead, SR-22s are a form you submit to Mississippi’s Department of Public Safety (DPS) certifying that you meet the state’s minimum requirements.

Mississippi requires drivers to submit SR-22 forms after the following incidents:

• Driving without car insurance
• DUI conviction
• Driving with a suspended license
• Accumulating too many points on your license
• Causing more than $500 in damage in an accident without having enough liability coverage

If the Mississippi DPS requires you to get SR-22 insurance, you’ll be responsible for submitting it for three years. However, you won’t have to submit the form yourself. Instead, the DPS requires SR-22 forms to be submitted by an insurance company.

How do you get SR-22 car insurance in Mississippi?

Finding cheap SR-22 insurance in Mississippi is a bit more difficult than standard policies since rates are generally higher. There’s a possibility that your current insurance company might drop you as a customer, but most companies are willing to work with you.

To see if your current company will submit SR-22 forms, simply call an insurance representative.

If you need new insurance, you should let any company you get a quote from know that you’ll need SR-22 insurance. Your application might be rejected, but you probably won’t encounter difficulties.

What happens if you need to file SR-22 insurance but don’t have a car? If you find yourself in this situation, you should look at non-owner insurance. Non-owner insurance covers you when you drive someone else’s vehicle and is usually much cheaper than a standard policy.

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Find Cheap Car Insurance in Mississippi Today

Although rates are sometimes higher than the national average, finding cheap insurance in Mississippi isn’t usually difficult. From USAA for military members to GEICO, if you have a low credit score, you can find car insurance quotes in Mississippi by comparing companies.

When you’re ready to start your search for Mississippi auto insurance, make sure to explore your options. As you saw in the prices above, Mississippi drivers can see significantly different rates based on the company.

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