The Best Auto Insurance in Mississippi

State Farm is one of the four largest insurers in the country alongside Geico, Progressive, and Allstate. Dowling & Partners Securities found the company spent over $1 billion in advertising in 2022, so it’s likely you’ve seen a State Farm ad or two.³ Our research found State Farm offers affordable rates across several categories, including drivers with an accident on their record. While State Farm is a large company, its local agents know their neighborhoods.

State Farm Savings

State Farm’s safe driving program, Drive Safe & Save, could get you up to a 30 percent discount for good driving habits. You can also bundle homeowners, renters, condo, or life insurance with your vehicle insurance (provided your other policies are with State Farm) for more savings.

State Farm offers an accident-free discount if you’ve been with the company for at least three years without a chargeable accident. The discount can increase over time if you continue to keep a clean record. You should also ask your agent about approved defensive driving training courses in your city as you can get an additional discount for completion.

Affordable Auto Insurance After an Accident

The cost of auto insurance after an accident tends to increase. However, among our top picks, State Farm’s cost increased the least, by only 13 percent. Its rates for full coverage after an at-fault accident are on par with USAA’s (which is only available to the military).

Additionally, State Farm earned 891 out of 1,000 in J.D. Power’s 2023 Auto Claims Satisfaction Study, 13 points above average.⁴ This reflects well on the company’s claims process when getting your car repaired after an accident—the study analyzed driver feedback on settlement, first notice of loss, claim servicing, estimation process, repair process, and rental experience.

Good for Drivers with Speeding Tickets

Along with USAA, State Farm has the cheapest rates for drivers with speeding tickets, with a negligible increase in rates after a ticket. Keep in mind, these are averages, and your exact quoted premium will differ based on unique factors like your age, zip code, vehicle, credit score, and other aspects of your driving history.

In general, we did not find that speeding tickets affected auto insurance premiums in Mississippi very much. This could be due to a few factors:

1. Speeding tickets stay on your record for one year in Mississippi. This means your record clears after just two six-month policy periods!
2. Mississippi had one of the lowest percentages of speeding-related fatalities in 2020 at 17 percent.
3. If you’re under 21 and do not have prior traffic tickets, you can get a ticket dismissed by taking a defensive driving course.

Similar to State Farm, we’re confident many readers have heard of Progressive due to its massive advertising campaigns. Most experienced consumers know not to base a buying decision on advertising alone, so we’re here to help you determine whether Progressive is the right provider for you. Progressive’s rates are most competitive for drivers with low credit or a DUI.

Does Poor Credit Impact Auto Insurance in Mississippi?

As is the case in most states, auto insurance providers in Mississippi can use credit scores to assess your auto insurance premium. Insurance companies view people with low credit scores as “high risk,” because statistically they are more likely to file claims than those with high credit scores.

While drivers with poor credit in Mississippi pay about 70 percent more on average than drivers with good credit for a full coverage auto insurance policy, Progressive’s rates increase by only 39 percent. After USAA, whose availability is limited, Progressive has the cheapest rates for drivers with low credit in the state.

What to Expect After a DUI in Mississippi

Progressive has the cheapest rates for drivers with DUIs in Mississippi, along with State Farm. On average, you’ll pay $1,671 annually ($139 monthly) for full coverage after a DUI in Mississippi with Progressive. Our research finds that Progressive’s rates increase by an average of 18 percent after a DUI conviction (lower than the statewide average 86 percent increase). Remember, this is an average, so your specific circumstances will affect the premium Progressive provides.

In Mississippi, a DUI will stay on your driving record for 5 years. The law stipulates the following penalties after your first conviction for driving under the influence:

• 90 days license suspension
• Mandatory ignition interlock⁵
• A fine of $250-1,000
• Prison for up to two days

Our 2024 State of Driving in the U.S. Survey data found that 1 percent of people surveyed in Mississippi have had a DUI in the past 5 years.

Highly-Rated Digital Tools

For those who prefer to conduct business digitally rather than in-person or over the phone, Progressive makes it easy to get an online quote. The company scored top marks in the service sector of J.D. Power’s 2024 Insurance Digital Experience Study with 737 out of 1,000.⁶ This study assesses the digital consumer experiences of auto insurance buyers, accounting for the functional aspects of desktop, mobile web, and mobile apps based on navigation, speed, visual appeal, and content. While Progressive does work with independent agents, this study shows customer satisfaction is higher when customers use digital-only contact methods as the first line of interaction.

If you’re shopping for a new policy after a moving violation, we’ve got more good news from Progressive. The company scored an above-average 678 in J.D. Power’s 2024 U.S. Insurance Shopping Study.⁷ With nearly half of U.S. customers shopping for a new plan amidst rising premiums, Progressive (and State Farm, with a score of 695) offering affordable rates likely contributes to customer satisfaction in the shopping process.

USAA has low rates and high customer satisfaction ratings, but it’s only available for a select few. Military members, veterans, and their immediate families (spouses and children) can sign up for USAA auto insurance in Mississippi. USAA has low average auto insurance premiums for full coverage and minimum coverage policies as well as teens, drivers with poor credit, and drivers with an accident on their record in Mississippi.

Lowest Rates Across the Board

Among our top auto insurance providers in Mississippi, USAA has the lowest average premiums in nearly every category:

• Full coverage: $995 annually ($83 monthly)
• Minimum coverage: $473 annually ($39 monthly)
• Speeding ticket, full coverage: $1,236 annually ($103 monthly)
• Teen driver on policy, full coverage: $2,525 annually ($210 monthly)
• Low credit, full coverage: $1,829 annually ($152 monthly)
• At-fault accident, full coverage: $1,401 annually ($117 monthly)

The only profile for which USAA’s rates aren’t the cheapest is drivers with DUIs, who may find better rates with Progressive. For drivers with speeding tickets and at-fault accidents, State Farm’s rates are comparable to USAA’s.

USAA’s Customer Satisfaction

J.D. Power’s 2024 U.S. Auto Insurance Study ranks customer satisfaction across auto insurers in the United States. J.D. Power notes that more frequent rate increases contribute immensely to customer satisfaction. Because of its unique membership requirements, USAA is technically not eligible to rank; however, its ratings are still reported across all regions in the country. In the Southeast region, USAA scored 759 out of 1,000—a whopping 66 points above the top provider on the list.

USAA Members in Mississippi

If you qualify for USAA, we recommend getting a quote. However, only military service members are eligible for USAA membership. This includes the following groups:

• Active Duty, Guard, or Reserve members
• Veterans with an Honorable or General Under Honorable Conditions discharge
• Pre-commissioned officers
• Spouses, children, and step-children of USAA members
• Widows and former spouses, provided your spouse was a USAA member before their death or divorce

In Mississippi, there are:

• 1,336 active-duty service members working on one of seven military installations in the state⁹
• 3,736 active-duty spouses
• 7,210 active-duty children
• 17,788 National Guard and Reserve members
• 7,747 National Guard and Reserve spouses
• 12,749 National Guard and Reserve children¹⁰
• 146,793 veterans¹¹

According to the United States census, there are 2.96 million residents of Mississippi.¹² Roughly 7 percent of Mississippi residents are eligible for a USAA policy. Note that this number does not include families of veterans, so it’s important to check your family tree!

Don’t let the name confuse you—Southern Farm Bureau is not just for farmers (and it’s not Farmers Insurance, either). Farm Bureau Insurance provides local, personalized service and affordable rates for most categories of drivers in our analysis. It offers good rates for teen drivers, one of the most notoriously expensive groups to insure. We’re confident in its claims servicing in Mississippi, which is important given that teen drivers have an elevated risk of accidents. The company earned an A rating from A.M. Best for financial strength, and it’s the second-largest insurer of homes and automobiles in Mississippi.

How Much Will It Cost to Insure a Teen Driver in Mississippi?

In Mississippi, teens can get a learner’s permit when they turn 15 for $7 and must drive under adult supervision for at least one year before they apply for an intermediate license.¹³

Due to a lack of driving experience, teen drivers tend to have higher rates of distracted driving which can lead to accidents. It’s no surprise that it costs more to insure a teen driver in Mississippi. On average, insuring a teen driver in Mississippi will cost $3,796—118 percent more than it costs to insure an adult driver. Southern Farm Bureau offers the most affordable average rate other than USAA at $2,842. Unless you’re eligible for USAA, Southern Farm Bureau is your best bet to keep the insurance premium for a teen driver or driver without a record low.

Collision and Claims Services

Southern Farm Bureau is the only provider on this list to receive a score above a C on CRASH Network’s 2024 Insurer Report Card. The report surveys body shops to determine how well a company handles claims and customer service. In general, insurers getting the highest grades are small, regional companies. Southern Farm Bureau missed out on the “Honor Roll” of the top 25 auto insurance companies countrywide, but it earned a B- and ranked 32nd on the list. CRASH Network named it one of the best providers in the South. To compare: Progressive earned a C, State Farm earned a C-, and Allstate and USAA earned a D+.¹⁴

Southern Farm Bureau’s DriveDown Deductible Reward Program for Teens

Even teens (provided they are 16 years or older) can benefit from Southern Farm Bureau’s DriveDown deductible reward program. To participate, your teen driver must download Routely, a mobile app that powers the safe driving program. The app scores driving habits and offers deductible savings every 30 days for safe driving. This encourages teens to learn good driving habits and reduces the risk of teens and new drivers taking to the roads—a win-win. Drivers under 18 must review the app’s terms and conditions with a parent or legal guardian to participate.

While Allstate’s rates are on the higher end of our top picks in Mississippi, it offers an impressive bundling discount that can help homeowners save. It’s easy to get a quote online with Allstate, and its Drivewise program may further increase savings.

Good Bundling Discount

Mississippi has a high rate of homeownership, with 70 percent of housing units owned by the occupant (this is higher than the national rate of 65 percent).¹⁵

If you’re looking to bundle your home and auto policies with the same provider, Allstate offers an impressive discount of up to 25 percent. You can save an additional 20 percent if you switch to Allstate and haven’t had a home insurance claim in the past year.

Drivewise: Allstate’s Telematics Driving Program

While Allstate’s baseline rates aren’t the lowest, it offers big savings for safe drivers. You can earn up to a 40 percent discount with its Drivewise discount program. The discount reduces your premium based on good driving habits like keeping speeds under 80 mph, limiting sudden braking, and reducing night driving after 11 pm. You’ll save 10 percent for signing up and the full potential savings of 40 percent is one of the highest offered for a telematics discount program.

Take note that Drivewise is separate from Allstate’s pay-per-mile program Milewise, which unfortunately is not available in Mississippi.

Variety of Discounts

In addition to its multi-policy and Drivewise discounts, Allstate offers a number of discounts that can help lower your premiums:

• Anti-lock brake discount, if your car has this feature
• New car discount, for vehicles of the current model year or one prior
• Anti-theft device discount, if your car has this feature
• EZ pay plan discount, if you sign up for automatic withdrawal payments
• eSmart discount, for going paperless
• Early signing discount, if you sign your policy at least 7 days before it becomes effective
• FullPay discount, for paying in full
• Responsible payer discount, if you didn’t receive a cancellation for non-payment in the last year
• Safe driving club, for a claims- and violation-free driving history
• Smart student discount, for unmarried drivers under 25 who meet just one of three criteria (2.7 GPA, complete teenSMART driver education program, attend school at least 100 miles away from home)