The average cost of full coverage car insurance in Mississippi is $1,674. But averages don’t tell the whole story — car insurance costs will vary depending on where in Mississippi you live, how much coverage you have in your policy, your age, driving history and even your credit score.
Ready to shop car insurance?
Ready to start shopping? Policygenius can help you see quotes from top companies so you can easily see what you’ll pay and choose the best policy for you.
USAA has the lowest average rate for full coverage car insurance in Mississippi at $856
The average cost of car insurance in Jackson is $1,976 per year
Mississippi requires a minimum of $25,000 per person/$50,000 per accident in bodily injury liability coverage and $25,000 in property damage liability coverage
There are a number of factors insurance companies analyze when calculating your rates. Everything from age, driving history, address, and credit score can affect your car insurance costs. But the company you choose also makes a big difference, which is why it’s so important to shop around.
Car insurance companies also consider a driver’s age when determining rates. Young drivers, meaning teenagers and young adults, have insurance rates that are considerably higher than older, more experienced drivers, because they’re more likely to get into an accident and file a claim.
As a driver ages and gains more experience, insurance rates can decrease, usually leveling out at age 25.
Choosing a car insurance policy can seem overwhelming, but it doesn't have to be. There are a few key factors to consider when picking a car insurance company.
Cost: Different companies charge different rates for similar coverage, that's why it's important to look at quotes from multiple insurance companies to find the best rate.
Coverage: Make sure the company you choose offers the coverage you need, whether it’s extra-high liability coverage or boat insurance that you can bundle with your auto policy.
Customer service: Check claims satisfaction ratings and extra perks in addition to cost — it might be worth paying a little extra for white-glove coverage.
If you're ready to start shopping, Policygenius can help you compare quotes from top car insurance companies.
Any violations can affect your insurance rates, drivers with speeding tickets or other moving violations will pay more for coverage. As a general rule of thumb though, insurance companies look at the past five years of your driving record, so if you keep a clean driving record going forward, your rates may eventually go back down.
A number of states use credit scores to help determine car insurance rates. Drivers in Mississippi who have lower credit scores may pay higher insurance rates, which is why it’s all the more important for drivers with poor credit to take the time to shop around for coverage.
Insurance companies consider factors like population density, crime rates and even car repair costs when determining insurance rates for different areas within a state.
Here's how the ten biggest cities in Mississippi stack up:
Olive Branch: $1,792
Horn Lake: $1,819
Ready to shop car insurance?
Minimum insurance requirements in Mississippi: Drivers in Mississippi are required to have a minimum of $25,000 per person and $50,000 per accident in bodily liability coverage. In addition to bodily liability coverage, Mississippi drivers are required to have a minimum of $25,000 in property damage liability coverage.
Fault rules in Mississippi: Mississippi is a fault state when it comes to car insurance. Unlike in a no-fault state, where drivers seek compensation for their injuries from their own insurance company, no matter who was at fault, in Mississippi, the at-fault driver’s insurance pays for the victim’s medical bills and repair costs.
Car insurance can be an expensive financial burden, but it offers drivers peace of mind (and it’s also required by law). Fortunately, there are ways to offset this cost and find cheaper auto insurance, no matter who you are.
Ask about discounts
Consider higher deductibles
Bundle your auto and home or renters policies with the same company
Reduce coverage on older cars
Maintain a good credit score or repair low credit
Take driver’s education courses
Car insurance costs are higher in places with high crime rates, more uninsured drivers on the road, high rates of claims and accidents and fewer secure parking options. They’re lower in less-densely populated places
Credit scores fall on a scale that ranges from 300 to 850. A credit score is considered fair when it’s between 601 and 660. Poor credit is usually anywhere between 500 and 600. Credit scores lower than 500 are considered very poor.
GEICO offers the lowest rates in Mississippi for drivers with bad credit. The average cost is $1,609, but your final rate will depend on a number of other factors in addition to your credit score.
Insurance rates can sometimes drop after age 25, but it depends on a few other factors. Things like driving history, type and value of car, and even ZIP code will all be considered when calculating your insurance rates.
Policygenius has analyzed car insurance rates provided by Quadrant Information Services for every ZIP code in all 50 states plus Washington, D.C. For full coverage policies, the following coverage limits were used:
Bodily injury liability: 50/100
Property damage liability: $50,000
Uninsured/underinsured motorist: 50/100
Comprehensive: $500 deductible
Collision: $500 deductible
In some cases, additional coverages were added where required by state or insurer.
Rates for overall average rate, rates by ZIP code, and cheapest companies determined using averages for single drivers ages 30, 35, and 45. Our sample vehicle was a 2017 Toyota Camry LE driven 10,000 miles/year.
Rates for driving violations and “Poor” credit determined using average rates for a single male 30-year-old driver with a credit score under 578.
Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.