Compare Cheap Auto Insurance in Mississippi

USAA offers the lowest full coverage rates in Mississippi, with an average annual premium of $1,430 — 38 percent lower than the state average. However, USAA is only available for active and veteran military members and their families. State Farm and Travelers have the next cheapest rates and do not have any eligibility requirements.

For minimum coverage, USAA also has the lowest average premium at $395 per year. State Farm has only slightly higher average rates at $417 annually, which is 45 percent below the state average. Progressive and GEICO also have below-average rates.

Teen auto insurance tends to be very expensive, but Southern Farm Bureau offers average rates for households with teens in Mississippi that are about half the state average at $3,245 per year. USAA also has competitive rates for teens who are eligible, with an average annual premium of $4,437.

USAA offers the cheapest rates, on average, for Mississippi drivers with a speeding ticket at $1,644. That’s 35 percent cheaper than the state average. State Farm ($1,706 annually) and Southern Farm Bureau ($2,088 annually) also offer competitive rates with a ticket.

USAA also provides the cheapest auto insurance for military drivers with an at-fault accident in Mississippi at $1,866 annually, on average. State Farm also has cheap rates, with an average annual premium of $1,958 per year, which is 36 percent lower than the state average.

In Mississippi, drivers with a DUI on their records can find the best rates, on average, from State Farm and Travelers. The companies’ rates of $2,182 and $2,430 per year are about 31 and 39 percent cheaper than the state average, respectively.

USAA is the cheapest provider for eligible drivers with low credit in Mississippi, with an average premium of $2,454 annually. Drivers not eligible for USAA can still find below-average rates from GEICO ($2,795 per year) and Travelers ($2,844 per year).

Nationwide has the highest customer satisfaction scores in Mississippi, according to our research. Nationwide doesn’t have the cheapest rates in the state, but it may be worth paying more if it means a better customer service experience. In addition, these rates are averages, so your quoted rate may be lower. Always get quotes from multiple companies.

USAA also has high satisfaction scores, but eligibility is limited to military members, veterans, and their families.

1. Shop around: No company provides the cheapest rates for every driver. Many factors go into determining premiums, including your driving record, location, and eligibility for discounts. We recommend getting quotes from at least three companies to make sure you’re getting the best rate.
2. Bundle multiple policies: Bundling policies will allow you to get a discount from most providers. If you need a home insurance policy, for example, get a quote for that in addition to auto insurance to see how much you could save. Even if you already have a home policy, switching to another company might make sense if it offers a better rate than your current company for home and auto combined.
3. Consider signing up for a telematics program: Many insurers have telematics discount programs, which track your driving habits and provide a discount for safe driving. Some companies also give you a discount for driving less. Be sure to check the fine print before signing up, however, as some programs may raise your rates if they detect unsafe driving.
4. Drop unneeded coverages: Depending on your needs, it may make sense to drop coverages that aren’t worth it. For example, if you have an older car with low value, you may not need to be paying for full coverage. Be sure to evaluate your situation before dropping any coverages to avoid any financially unsound decisions.

Jackson has the most expensive auto insurance rates in Mississippi, on average, at $2,383 a year. That’s slightly higher than the state average of $2,297. Other cities, including Gulfport and Southaven, have below-average rates.

Mississippi state law requires that drivers carry at least the following coverages:

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

Keep in mind that these are the state-mandated minimum coverage limits, but they are not necessarily sufficient. If you can afford to, consider increasing your limits and adding comprehensive and collision coverage.

We analyze average auto insurance premiums in Mississippi for full and minimum coverage for good drivers with good credit as well as other driver profiles, including those with DUIs, accidents, low credit, and teenagers. Full coverage averages use the following limits:

• Bodily injury liability: $100,000 per person/$300,000 per accident
• Property damage liability: $100,000 per accident
• Uninsured and underinsured motorist bodily injury: $100,000 per person/$300,000 per accident
• Comprehensive and collision: $500 deductible