The Cheapest Auto Insurance in Mississippi in 2024

Mississippi drivers pay an average of $93 per month for auto insurance, which is $36 cheaper than the national average. Progressive and Direct Auto are the cheapest insurers in the state, with average rates that are less than half the national average.

Mississippians must purchase coverage that meets fairly standard 25/50/25 minimums (more on that later). However, most drivers should consider a policy that provides more robust coverage than these minimums — though this decision depends on your specific needs and driver profile.

Let’s explore the car insurance landscape in Mississippi. We’ll dive into the best car insurance in Mississippi for specific types of drivers, including teens, seniors, and drivers with spotty records, as well as which companies offer the cheapest coverage in the state.

Key Takeaways:

• Progressive’s average rate is the lowest in Mississippi, at $63 per month — though Direct Auto and State Farm are just a few dollars more.
• Direct Auto offers the cheapest liability-only insurance in the state, at $37 per month.
• Mississippians who fail to show proof of insurance are subject to a $1,000 fine.

Mississippi’s Cheapest Car Insurance Companies

The average Mississippi driver pays $93 per month for auto insurance. Still, many companies offer rates below that average. Shopping around can help you find a company that fits your specific needs and budget.

The companies featured in the table below have the most competitive average rates in Mississippi, according to Compare.com data.

All five companies shown fall comfortably below the state average. Progressive is the cheapest of the bunch, though the small difference in price between the top three choices means any of these companies could be the cheapest option for you.

Comparing quotes from multiple companies is the best way to save. Each company weighs rating factors differently, so comparing quotes can help you find the company best suited for your unique driver profile.

In the following sections, we’ll take a look at the best car insurance companies for specific types of drivers in Mississippi.

Compare.com’s Best Mississippi Insurance Companies of 2023

No car insurance company is perfect for everyone. As you shop, pay close attention to the company that offers the coverages, prices, and discounts that best meet your needs and budget.

In the sections below, we’ll break down the best insurers for different types of drivers — factoring in each company’s average rates, discounts, coverages, and customer reviews.

Direct Auto: Best for budget-conscious Mississippi drivers

Average monthly quote: $64

Compare.com rating: Not rated

Trustpilot rating: 3.0 out of 5

BBB rating: A+

Pros:

• Incredibly cheap rates
• AM Best financial strength rating of A+ (Superior)
• Plenty of available discounts

Cons:

• More National Association of Insurance Commissioners (NAIC) complaints than average
• Mixed mobile app reviews
• Limited availability

Direct Auto offers average monthly rates of just $64, making it the second-cheapest insurer in Mississippi. But Direct Auto really shines when it comes to liability-only insurance, offering an average rate of just $37 per month — the cheapest in Mississippi.

Direct Auto also offers some key discounts that can bring down your insurance costs even more. Its multi-car discount saves drivers up to 25%, while the prior coverage discount rewards drivers with up to 25% in savings if they switch to Direct Auto from a company they’ve been with for at least six months.

State Farm: Best for Mississippi teens

Average monthly quote: $195

Compare.com rating: 4.3 out of 5

Trustpilot rating: 1.7 out of 5

BBB rating: B-

Pros:

• Lowest average rates for teens
• Above-average J.D. Power customer satisfaction ratings
• Plenty of student-friendly discounts

Cons:

• More NAIC complaints than average
• Mixed customer reviews
• Gap insurance not available

The average Mississippi teen driver pays $129 per month for liability-only car insurance from State Farm, which is right in line with the national average for all drivers and less than half the average rate for teen drivers.

Teens can save even more when they enroll in Steer Clear, State Farm’s telematics program aimed at drivers younger than 25 years old. Additionally, State Farm’s good student discount rewards students who maintain a ‘B’ average or higher, and its student away at school discount is a good idea for any college student keeping their car at home while they attend college.

Progressive: Best for Mississippians with spotty records

Average monthly quote: $74

Compare.com rating: 4.2 out of 5

Trustpilot rating: 1.1 out of 5

BBB rating: B

Pros:

• Low rates for drivers with tickets, accidents, and DUIs
• Great telematics program
• Plenty of available discounts

Cons:

• Below-average J.D. Power customer satisfaction ratings
• Below-average customer ratings
• Mixed reviews for mobile app

Progressive offers the lowest rates for Mississippi drivers with a speeding ticket and the second-lowest rates in the state for drivers with at-fault accidents or DUIs. Across the board, Progressive is an affordable choice for those with mixed driving histories.

After a violation or at-fault accident, it’s a good idea to work on improving your driving record. Luckily, Progressive Snapshot tracks your driving to promote safe driving habits — and it can also save you up to 30% if you maintain a clean driving record going forward.

The Average Cost of Mississippi Car Insurance

Mississippians pay $93 per month for auto insurance, on average, which is the 12th-cheapest rate in the country. Let’s take a look at how Mississippi stacks up against the rest of the region, as well as the national average.

Mississippi’s average car insurance rates are cheaper than other Gulf Coast states. In fact, its average rate is nearly one-third of that of its neighbor, Louisiana. Tennessee has the closest average, at $102 per month. But what factors influence Mississippi’s rates?

“Historically, Mississippi has had higher labor rates for vehicle repair than other areas of the country, which can increase rates in the state,” says Andy Case, director of consumer affairs for the Mississippi Insurance Department. “Highways under construction have historically led to increased traffic in certain parts of the state, which can increase accidents and rates, although much of that construction has now been completed.”

Now, let’s break down the cheapest Mississippi car insurance options for drivers seeking liability-only insurance.

Cheapest State-Minimum Car Insurance in Mississippi: Direct Auto

One of the first choices you make when purchasing car insurance is your coverage levels. The more coverage you buy, the more you’ll end up paying.

Purchasing liability insurance at the state-minimum limits is the cheapest policy available. But if you cause an accident, liability-only insurance covers the other driver’s repairs and medical bills and not your own.

Let’s take a look at which Mississippi insurers offer the cheapest average state-minimum liability policies.

Direct Auto takes the top spot, though Progressive, GEICO, and State Farm have average monthly rates within $5. In fact, even though State Farm is a tad more expensive, its higher customer satisfaction ratings might make it the best value.

The difference in rates here is minimal. For that reason, it’s important to compare quotes from each of these companies. Given that companies weigh rating factors differently, your cheapest option might differ from that of another driver.

Now let’s see the cheapest insurance options for full coverage.

Cheapest Full-Coverage Car Insurance in Mississippi: Progressive

Full coverage includes collision and comprehensive insurance in addition to basic liability coverage. Collision coverage kicks in to cover your car’s repairs after an accident, while comprehensive coverage pays out when your car is damaged in a non-collision event like severe weather or fire.

The table below shows the five companies with the most affordable full-coverage rates in Mississippi.

Progressive leads the pack, though State Farm and Direct Auto have monthly rates within $5. With the cheapest full coverage and second-cheapest liability-only coverage, Progressive shouldn’t be underestimated as one of the cheapest options in the state.

No small insurers or regional insurers make the list. Larger national insurers might have an easier time offering more robust coverage while keeping rates relatively low. The top three insurers all offer full-coverage average rates well below the state average.

Compare Mississippi Auto Insurance Rates by Age

Your age is one of the first factors car insurance companies look at when determining your rates. Younger drivers pay the highest premiums, but your insurance rates tend to come down as you get older.

So, let’s break down the cheapest rates for age groups at the opposite ends of the spectrum: teens and seniors.

Cheapest car insurance for Mississippi teens: State Farm

Young drivers pay the highest car insurance premiums, on average, due to their higher rate of serious accidents. Naturally, car insurance companies look at these statistics and see teens as higher-risk drivers.

To offset these risks, car insurers tend to offer teens higher monthly premiums. Fortunately, rates tend to come down as you reach age 25.

Here are the cheapest insurance options for teens in Mississippi.

State Farm is the cheapest option for teens seeking liability-only insurance — but Mississippi Farm Bureau is only $2 per month behind and offers the lowest full-coverage rates.

State Farm’s liability-only policy is the only option for teens that matches the national average. In all other cases, teens will typically be paying more than the average American driver.

Now, let’s look at the cheapest policies for senior drivers.

Cheapest car insurance for Mississippi seniors: Progressive

Senior drivers pay fairly reasonable rates, on average. Retirement often means lower mileage and fewer long road trips, which reduces the risk of accidents. However, rates may increase around 70 as mental faculties deteriorate, and the risk of severe injury after an accident increases.

So, which companies offer Mississippi’s senior drivers the most affordable rates? The table below highlights the five cheapest car insurance companies for seniors in Mississippi, based on data from 65-year-old drivers.

Once again, the cheapest rates are bunched together, with the cheapest and fifth-cheapest companies separated by just $7 per month. Whether choosing liability-only or full coverage, senior drivers who choose from these five companies will likely pay well below the national average.

Progressive, Direct Auto, and State Farm all offer full-coverage rates that are below the state average for all policies. Plus, all five liability-only rates are less than half the state average of $93 per month.

Compare Mississippi Auto Insurance Rates by Driving Record

Your driving record is perhaps the most important factor that car insurance companies consider when setting your rates. Getting an at-fault accident or traffic violation on your record makes you riskier in the eyes of insurers. Your rates will often go up after a claim — but that doesn’t mean you’re guaranteed high rates.

In the following sections, we’ll highlight some of the most affordable companies in Mississippi for drivers with different driving records.

Cheapest car insurance for good drivers in Mississippi: Direct Auto

Being responsible behind the wheel pays off, and drivers without accidents or tickets on their record pay the best rates around.

Let’s take a look at which companies offer the cheapest car insurance in Mississippi to drivers without tickets or accidents.

Good drivers, rejoice — all five companies featured here offer monthly liability-only policies for $50 or less. However, the difference between liability-only and full coverage is significant.

Rates increase by more than 50% for each company when switching from liability-only coverage to full coverage. GEICO’s difference is the steepest, with rates rising 62% for full coverage.

Maintaining a perfect driving record isn’t easy — so let’s look at rates for drivers with a speeding ticket.

Cheapest car insurance in Mississippi after a ticket: Progressive

Getting a speeding ticket raises your rates by 37%, on average, according to Compare.com data. But Mississippians with a ticket still have access to affordable auto insurance options.

The table below features the cheapest car insurance options in Mississippi for drivers with one speeding ticket.

The table features the same five companies that offer the cheapest rates to good drivers — but it’s no surprise that these rates are a bit higher.

State Farm might be the best overall value, with the lowest full-coverage average rate and the second-cheapest liability-only average, by just $2 per month. State Farm’s average monthly full-coverage rate is also just $5 higher than Mississippi’s statewide average for all policy types.

Unfortunately, drivers with accidents on their records face even higher rates. Let’s take a look at how they affect Mississippi drivers, specifically.

Cheapest car insurance in Mississippi after an accident: State Farm

Getting in an at-fault accident will spike your auto insurance rates by 44% on average, according to Compare.com data.

Luckily, drivers with an accident on their record can still find rates below the state average when they choose from one of the companies in the table below.

Once again, the same five companies make the list. State Farm comfortably leads the way when it comes to full coverage, though it edges Progressive by just $4 per month for liability-only coverage. While State Farm and Progressive’s full-coverage policies aren’t cheap for drivers with accidents, they’re still at or below the national average for all drivers.

Now, let’s explore rates for our final group: drivers with a DUI.

Cheapest car insurance in Mississippi with a DUI: State Farm

Getting a DUI is often the most expensive traffic violation, causing an average rate increase of 94% according to Compare.com data. Additionally, a driver who receives a DUI in Mississippi will have their license suspended for 120 days and may be dropped by their insurer.

But not all is lost — the companies featured in the table below have the most competitive rates in Mississippi for drivers with one DUI.

Safeway makes its first appearance on the list, replacing Mississippi Farm Bureau. Otherwise, our usual suspects make the list of cheapest insurers.

Surprisingly, State Farm’s average rates are in line with rates for drivers with a ticket and are actually lower than its rates for drivers with an at-fault accident. The same goes for Progressive, with a full-coverage average that’s $22 cheaper per month than its average for drivers with accidents.

5 Ways to Get Cheap Car Insurance in Mississippi

While Mississippians already pay reasonable car insurance rates, you can save even more by trying the following strategies:

• Raise your deductible: A higher deductible typically comes with lower monthly premiums, though you’ll have to pay more if you file a claim.
• Choose the right vehicle: Cars with advanced safety features and strong safety records are safer in the eyes of insurers — and cheaper to insure.
• Take advantage of discounts: Most companies offer generous discounts. Reach out to your insurance agent to see which ones you might qualify for.
• Pick lower coverage limits: Not all drivers need robust coverage. Drivers of used or low-value cars may do fine with liability insurance at state minimums.
• Shop around and compare: Comparing quotes from multiple insurers is the best way to find affordable coverage that meets your needs and local insurance requirements.

Mississippi Auto Insurance Requirements

All Mississippi drivers must purchase liability insurance and carry a card in their vehicle at all times that proves they’re insured. But how much insurance do you need?

Below are Mississippi’s minimum auto insurance requirements:

• $25,000 in bodily injury liability insurance per person
• $50,000 in bodily injury liability insurance per accident
• $25,000 in property damage liability insurance per accident

In most cases, drivers purchase insurance that exceeds these coverage limits in order to be fully protected on the roads.

“We advise drivers to purchase the coverage that meets their individual and specific needs,” says Case. “We also encourage owners to use an agent when possible to help guide them in their purchase decisions.”

Visit the Mississippi Insurance Department’s site to learn more.

Penalties for driving without auto insurance in Mississippi

Mississippi state law enforcement can’t stop you just to check if you have car insurance. But if authorities stop you for another infraction and notice you don’t have an insurance card in your vehicle, you’ll be fined $1,000 for your first offense. The state will also suspend your driving privileges for a year or until you can show proof of insurance.

SR-22 auto insurance in Mississippi

Drivers who have their license suspended must have SR-22 insurance. This isn’t a specific type of insurance but instead a form that you must file with the state’s Department of Public Safety in order to purchase car insurance.

SR-22 rules vary from state to state, so it’s a good idea to reach out to a local attorney to make sure you’re complying with your state’s laws. And, as always, shop around and compare car insurance quotes, because purchasing insurance with an SR-22 form on file can be more expensive.

Mississippi Auto Insurance FAQs

Here are answers to some common questions about car insurance in Mississippi.

Which insurer is the cheapest auto insurance company in Mississippi?

Progressive is the cheapest car insurance company in Mississippi, with an average rate of $63 per month.

How much is car insurance in Mississippi?

Mississippi drivers pay $93 per month, on average, for their car insurance policy. But rates can vary substantially based on several factors, including your age, gender, vehicle, driving record, and ZIP code.

Is car insurance cheaper in Mississippi?

Mississippi is the 12th-cheapest state in the country for car insurance, and drivers in the state pay rates that are cheaper than other states in the region and $36 below the national average.

What is the minimum car insurance in Mississippi?

Drivers in Mississippi must meet 25/50/25 car insurance requirements: $25,000 in bodily injury liability insurance per person, $50,000 in bodily injury liability insurance per accident, and $25,000 in property damage liability insurance.

Methodology

Data scientists at Compare.com analyzed more than 50 million real-time auto insurance rates from more than 75 partner insurance providers in order to compile the quotes and statistics seen in this article. Compare.com’s auto insurance data includes coverage analysis and details on drivers’ vehicles, driving records, insurance histories, and demographic information.

All the quotes listed in this article have been gathered from a combination of real Compare.com quotes and external insurance rate data gathered in collaboration with Quadrant Information Services. Compare.com uses these observations to provide drivers with insight into how auto insurance companies determine their premiums.

Sources

1. J.D. Power, “2023 U.S. Auto Insurance Study,” Accessed November 27, 2023.
2. Mississippi Department of Public Safety, “DUI Department,” Accessed November 27, 2023.
3. Mississippi Insurance Department, “Consumers – Auto Insurance,” Accessed November 27, 2023.
4. Insurance Information Institute, “Do auto insurance premiums go up after a claim?,” Accessed November 27, 2023.
5. NOLO, “SR-22 Insurance: What It Is and When It’s Required,” Accessed November 27, 2023.