Cheap Mississippi Auto Insurance in 2024 (Save Money With These 10 Companies)

For cheap Mississippi auto insurance, USAA, Geico, and State Farm are the leading insurers, offering competitive rates starting at $20 per month for comprehensive coverage.

If you drive in Mississippi, you’ll need Mississippi auto insurance. One key aspect is the auto insurance deductible, the amount you pay before insurance covers a claim.

Our Top 10 Company Picks: Cheap Mississippi Auto Insurance

Below we’ll explore cheap Mississippi auto insurance rates and everything you need to know to buy the best Mississippi auto insurance with confidence.

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#1 – USAA: Top Overall Pick

Pros

• Affordable Rates: Offers starting rates as low as $20 per month, making it a top choice for cheap Mississippi auto insurance, which is ideal for budget-conscious drivers.
• Excellent Customer Service: Consistently receives high ratings for customer satisfaction and claims handling, ensuring top-tier support, which is crucial for maintaining a positive experience with cheap Mississippi auto insurance.
• Comprehensive Coverage Options: Provides a wide range of policies including liability, collision, and comprehensive coverage, catering to diverse needs and offering flexible options for cheap Mississippi auto insurance. Find our more through our Allstate vs. USAA insurance review.

Cons

• Eligibility Restrictions: Limited to military members, veterans, and their families, excluding the general public from access to cheap Mississippi auto insurance options.
• Limited Physical Locations: Fewer brick-and-mortar branches compared to other large insurers, which might be inconvenient for some looking for local support in their cheap Mississippi auto insurance.

#2 – Geico: Best for Low Rates

Pros

• Competitive Pricing: Known for its low premiums starting at $27 per month, making it an excellent option for cheap Mississippi auto insurance, which helps keep overall costs down.
• User-Friendly Mobile App: Features an intuitive app for managing policies, filing claims, and requesting roadside assistance, making it easier to manage cheap Mississippi auto insurance.
• Discount Opportunities: Offers a variety of discounts including for good drivers, multi-policy holders, and federal employees, maximizing savings and making cheap Mississippi auto insurance even more affordable. Read more through our Geico insurance review.

Cons

• Customer Service Variability: Some customers report inconsistent experiences with customer service representatives, which can affect satisfaction with cheap Mississippi auto insurance.
• Coverage Gaps: May lack some specialized coverage options compared to competitors, potentially limiting choices for those seeking comprehensive cheap Mississippi auto insurance.

#3 – State Farm: Best for Customer Service

Pros

• Excellent Customer Service: High satisfaction ratings for responsive and helpful service, making it the top provider for customer support and enhancing overall experience with cheap Mississippi auto insurance.
• Wide Agent Network: Extensive network of local agents provides personalized service and support, available nationwide, which is beneficial for those needing local help with their cheap Mississippi auto insurance.
• Strong Financial Ratings: Rated B for financial strength, ensuring stability in claims payouts, though lower compared to top competitors, which still supports a reliable cheap Mississippi auto insurance experience. Delve more through our State Farm insurance review.

Cons

• Higher Premiums: Premiums starting at $31 per month can be higher compared to some budget-friendly insurers, impacting overall affordability for cheap Mississippi auto insurance.
• Fewer Discounts: Limited discount options compared to some competitors, which may affect potential savings and the cost-effectiveness of cheap Mississippi auto insurance.

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#4 – Travelers: Best for Comprehensive Options

Pros

• Customizable Policies: Offers a wide range of customizable coverage options, ensuring policies can be tailored to individual needs and providing flexibility for cheap Mississippi auto insurance.
• Strong Financial Ratings: Rated A++ for financial stability, guaranteeing reliability in handling claims and financial security, which is essential for those seeking dependable cheap Mississippi auto insurance.
• Discounts Available: Provides various discounts, including those for safe drivers, multi-policy holders, and hybrid vehicles, enhancing affordability and making cheap Mississippi auto insurance more accessible. Look for more details through our Travelers insurance review.

Cons

• Average Customer Service: Mixed reviews on customer service experiences, which may affect overall satisfaction with cheap Mississippi auto insurance.
• Limited Online Tools: The website and mobile app are less advanced compared to some competitors, potentially limiting convenience for managing cheap Mississippi auto insurance.

#5 – Nationwide: Best for Discount Variety

Pros

• Extensive Discount Options: Provides a variety of discounts, with rates as low as $36 per month, including those for safe driving, multi-policy bundling, and accident-free records, making cheap auto insurance in Mississippi more affordable.
• Vanishing Deductible: Deductible decreases over time with safe driving, providing long-term savings and making cheap Mississippi auto insurance more economical.
• On Your Side Review: Personalized insurance review ensures the best coverage and discounts tailored to individual needs, optimizing the value of cheap Mississippi auto insurance. Find out more through our Nationwide insurance review.

Cons

• Higher Base Rates: Premiums can be higher before discounts are applied, which might not be ideal for those specifically seeking cheap Mississippi auto insurance.
• Mixed Customer Reviews: Some customers report varying experiences with claims and customer service, potentially impacting overall satisfaction with cheap Mississippi auto insurance.

#6 – Liberty Mutual: Best for Coverage Flexibility

Pros

• Customizable Coverage: Offers a variety of customizable policy options starting at $45 per month, catering to various needs and providing flexibility for cheap Mississippi auto insurance.
• Accident Forgiveness: First accident is forgiven, preventing rate increases and adding peace of mind, which is valuable for maintaining affordable cheap Mississippi auto insurance.
• New Car Replacement: Provides new car replacement if your vehicle is totaled within the first year, offering additional protection and enhancing the value of cheap Mississippi auto insurance. Read more through our Liberty Mutual auto insurance review.

Cons

• Higher Premiums: Premiums starting at $45 per month can be higher compared to some budget-friendly options, which might affect the affordability of cheap Mississippi auto insurance.
• Customer Service Issues: Reports of inconsistent customer service experiences, which can impact overall satisfaction and effectiveness of cheap Mississippi auto insurance.

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#7 – Progressive: Best for Competitive Pricing

Pros

• Name Your Price Tool: Allows customers to customize policies based on their budget, starting from $46 per month, which is helpful for finding cheap Mississippi auto insurance that fits your financial plan.
• Snapshot Program: Offers discounts based on driving behavior, potentially lowering premiums for safe drivers and making cheap Mississippi auto insurance even more accessible.
• Wide Range of Discounts: Provides various discounts including multi-policy, safe driver, and good student discounts, enhancing savings and affordability for cheap Mississippi auto insurance. Find out more through our Progressive insurance review.

Cons

• Mixed Customer Reviews: Some customers report issues with claims handling and customer service, which can affect satisfaction with cheap Mississippi auto insurance.
• Higher Rates for High-Risk Drivers: Premiums can be higher for drivers with less-than-perfect records, impacting affordability for those seeking cheap Mississippi auto insurance.

#8 – American Family: Best for Customer Satisfaction

Pros

• High Customer Satisfaction: Consistently receives high ratings for customer service and satisfaction, starting at $47 per month, which enhances the overall experience of cheap Mississippi auto insurance.
• Variety of Discounts: Offers various discounts including for safe driving and bundling policies, helping to reduce costs and making cheap Mississippi auto insurance more affordable.
• Customizable Coverage Options: Flexible policy options tailored to meet individual needs, enhancing coverage adequacy and making cheap Mississippi auto insurance more effective.

Cons

• Limited Availability: Not available in all states, which may restrict access for those seeking cheap Mississippi auto insurance. Learn more through our American Family auto insurance review.
• Higher Premiums: Generally higher rates compared to some budget-friendly competitors, which might impact the cost-effectiveness of cheap Mississippi auto insurance.

#9 – Farmers: Best for Flexible Policies

Pros

• Flexible Coverage Options: Offers a wide range of customizable policies starting at $54 per month, catering to various needs and providing flexibility for cheap Mississippi auto insurance.
• Accident Forgiveness: First accident is forgiven, preventing rate increases and providing peace of mind, which is beneficial for managing affordable cheap Mississippi auto insurance.
• Strong Agent Network: Extensive network of local agents for personalized service and support, enhancing accessibility and support for cheap Mississippi auto insurance. Read more through our Farmers auto insurance review.

Cons

• Higher Premiums: Premiums starting at $54 per month can be higher compared to some budget-friendly options, which might impact the affordability of cheap Mississippi auto insurance.
• Customer Service Concerns: Some customers report inconsistent experiences with customer service, which can affect satisfaction with cheap Mississippi auto insurance.

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#10 – Allstate: Best for Coverage Options

Pros

• Broad Coverage Options: Offers a wide range of policies and coverage options starting at $55 per month, catering to diverse needs and providing flexibility for cheap Mississippi auto insurance.
• Customizable Policies: Allows for customization of coverage to fit individual requirements, enhancing the adequacy of coverage for cheap Mississippi auto insurance.
• Numerous Discounts: Provides various discounts, including safe driver, multi-policy, and bundling discounts, which make cheap Mississippi auto insurance more affordable. Read more through our Allstate insurance review.

Cons

• Higher Premiums: Premiums starting at $55 per month can be higher compared to some budget-friendly insurers, impacting the overall cost-effectiveness of cheap Mississippi auto insurance.
• Mixed Customer Reviews: Some customers report varying experiences with claims and customer service, which can affect overall satisfaction with cheap Mississippi auto insurance.

Mississippi Auto Insurance Requirements

Lawmakers in the State of Mississippi designed the state’s auto insurance laws to be similar to those of most states around the country; this particular system is known as the tort system. Under Tort auto insurance, when a crash or accident occurs, one of the drivers will be determined to be the party at fault, meaning they caused the crash.

This person and their insurance will then be responsible for paying claims, injury costs, and the like.

Mississippi Auto Insurance Monthly Rates by Coverage Level & Provider

To ensure that drivers have the financial means to pay these accident-related costs, the state requires that every driver purchase automobile insurance. Mississippi law stipulates that drivers must have minimum coverage for bodily injury liability and property damage liability.

Bodily injury liability insurance is a type of coverage designed to pay out for injury and medical treatment costs for others that are injured in a crash or accident where you are the at-fault driver.

For example, Driver 1 causes an accident in which Driver 2 sustains injuries that cost $10,000 to treat. Driver 1’s bodily injury liability policy will cover that $10,000 in claims for Driver 2’s medical treatment. It’s important to note that bodily injury liability insurance doesn’t cover the policyholder or any of their passengers; it’s strictly to cover injuries that others sustain.

State law requires that drivers have no less than $25,000 in coverage for a single party, per accident and $50,000 in coverage for all parties in a single accident.

The other type of mandatory auto insurance in Mississippi is known as property damage liability. This coverage pays out to cover any damage that you cause to another person’s property (including their vehicle) when you are at fault for causing an accident.

Again, if Driver 1 causes an accident in which Driver 2 has $3,000 of body damage done to his car, Driver 1’s property damage liability insurance will pay out to cover Driver 2’s repair costs. Drivers are required to have no less than $25,000 in property damage liability insurance coverage.

Mississippi Automobile Insurance Rates

Drivers who live in the more densely populated areas in Mississippi will, of course, end up paying a bit more for auto insurance, thanks to the much higher risk of an accident or stolen vehicle. Those who live in Jackson, MI pay an average of $112 for a month’s worth of auto insurance; drivers who live in Gulfport are looking at monthly insurance costs of around $125.

While many of these factors are simply based on your own driving record, two things that affect even the safest of drivers are age and gender. As with most states, teenage males typically pay higher auto insurance rates than females. However, as teens approach their 20’s, females end up paying more on average. Enter your ZIP code now to begin.

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Mississippi Driving Statistics

According to crash statistics supplied by the Mississippi Department of Public Safety, drivers in the state have started to take the risk of an accident far more seriously over the past couple of years.

While 2010 saw 69,812 total crashes reported across the state, with 28,476 resulting in injuries and 569 resulting in fatalities, these numbers are down considerably when compared to just a few years before.

With this in mind, combining insurance policies can offer Mississippi drivers enhanced coverage options and potentially lower premiums, ensuring they are better protected in the event of an accident.

In 2007, more than 78,000 crashes were reported, with 33,140 injuries and a total of 830 fatalities! In just three years, drivers, lawmakers, and law enforcement officials throughout the state have made a significant dent in crash rates, and should the trend continue downwards it’s likely that Mississippi insurance costs will decrease as well.

The news is just as good when it comes to reports of vehicle theft in the state. In 2009, there were 5,401 instances of grand theft auto reported in Mississippi; this total is down almost 20% from 2008’s 6,353 stolen vehicles and down nearly 40% from 2006.

The 2009 numbers gave Mississippi an auto crime index rate of 183.0 vehicle thefts per 100,000 citizens, which isn’t terrible but still has room to continue downward. With more and more drivers using Lojack, anti-theft, and other systems to reduce vehicle theft and keep insurance premiums low, and police making use of bait car technology to nab thieves, it’s likely this trend will continue.

Additional Auto Insurance Resources in Mississippi

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