Mississippi Car Insurance Rates

Projected insurance rates in Mississippi for 2018 are $1,308 every 12 months for full coverage. Comprehensive insurance, collision insurance, and liability cost an estimated $290, $532, and $338, respectively. Natchez, Clarksdale, and Jackson average the highest rates, and the three most popular companies in Mississippi are State Farm, Southern Farm Bureau, and Allstate.

Average rate for full coverage: $1,308

Rate estimates broken down by individual coverage type:

Comprehensive $290
Collision $532
Liability $338

40-year-old driver, full coverage with $500 deductibles, and good driving record

Cost of Car Insurance in Mississippi

For a 40-year-old driver, Mississippi insurance rates range from as low as $400 for just liability insurance to a high of $2,822 for high-risk insurance.

Liability Only $400
Full Coverage $1,308
High Risk $2,822

These price differences show why it is important to compare rates quotes for a targeted area and risk profile, instead of depending on average rates.

Use the form below to get accurate rates for your location.

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Chart shows Mississippi car insurance rates for various risk profiles and scenarios. The cheapest discount rate is $752. Mississippi drivers who use higher $1,000 deductibles will pay around $1,120. The average rate for a driver around age 40 using $500 deductibles is $1,308. Choosing low $100 deductibles for comprehensive and collision insurance will cost more, up to $1,670. Drivers with multiple violations and accidents could be charged around $2,822. The cost for full coverage for a teenage driver can climb as high as $4,810.

Insurance prices in Mississippi also range considerably based on your risk profile, the type of vehicle you drive, and liability limits and deductibles.

The city you live in also has a big influence on auto insurance prices. Areas with less crime and congestion might see rates around $1,000 a year, while some neighborhoods in Natchez and Clarksdale may see rates upwards of $1,700. Even areas within the same city can have large rate differences.

These price discrepancies highlight the importance of getting rates for your specific Mississippi zip code.

The type of vehicle you drive is a primary factor in determining the price you pay for auto insurance coverage in Mississippi. Buying a lower-cost and lower-performance vehicle will cost less to insure due to cheaper repair costs and reduced frequency of accidents. The table below shows car insurance premium estimates for the top vehicles that are insured in Mississippi.

Mississippi Auto Insurance Rates for Popular Vehicles
Make and ModelPremium% to Avg
Chevrolet Silverado$1,3825.4%
Dodge Ram$1,4207.9%
Ford Escape$1,088-20.2%
Ford Focus$1,266-3.3%
Ford Fusion$1,3885.8%
Ford F-150$1,230-6.3%
GMC Acadia$1,204-8.6%
GMC Sierra$1,3583.7%
Honda Accord$1,220-7.2%
Honda Civic$1,4288.4%
Honda CR-V$1,058-23.6%
Honda Pilot$1,242-5.3%
Hyundai Sonata$1,3261.4%
Kia Optima$1,3523.3%
Nissan Altima$1,3462.8%
Nissan Rogue$1,3120.3%
Toyota Camry$1,3321.8%
Toyota Corolla$1,304-0.3%
Toyota Prius$1,214-7.7%
Toyota RAV4$1,234-6%
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Annual estimated premium for full coverage, $500 deductibles, driver age 40 with clean driving record.
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Older drivers with no violations or accidents and high deductibles may pay as low as $1,200 every 12 months on average, or $100 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay at least $4,800 a year. View Rates by Age

If you have a few points on your driving record or tend to cause accidents, you could be paying $1,500 to $2,100 additional every year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 44% to 128% more than a normal policy. View High Risk Driver Rates

Your choice of car insurance company obviously has an impact on price. Each company has their own rate formula, and prices can change depending on individual risk factors.

In Mississippi, auto insurance prices range from $823 with USAA to as high as $3,943 with Safeco. Other companies like Travelers, Unitrin, and Direct General are neither the lowest or highest. That is probably not the rates you would pay, as your motor vehicle report, your vehicle make and model, and your Mississippi zip code have to be considered.

Mississippi Auto Insurance Companies by Market Share and Average Rate
RankCompanyMarket ShareAverage Rate
1State Farm26.75%$1,436
2Southern Farm Bureau11.90%$1,422
3Allstate9.48%$2,618
4Progressive8.90%$1,612
5Nationwide5.95%$1,540
6Geico5.69%$1,791
7Liberty Mutual4.78%$2,940
8USAA4.63%$823
9Alfa Insurance3.64%$1,364
10Shelter Insurance2.82%$1,458
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Source: National Association of Insurance Commissioners (NAIC) 2015 Market Share Report and The Zebra

Using high physical damage deductibles can reduce rates by up to $550 annually, while buying higher liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $304 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to know who has the cheapest car insurance rates is to get quotes from multiple companies. Every auto insurance company uses a different method to calculate rates, and rates will be varied from one company to the next.

Mississippi Auto Insurance Articles

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Rates by Driver Age

Mississippi Insurance Rates by Driver Age
Driver AgePremium
16$4,810
20$3,018
30$1,368
40$1,308
50$1,196
60$1,172

Full coverage, $500 deductibles

Rates by Deductible

Mississippi Car Insurance Rates with Different Deductibles
DeductiblePremium
$100$1,670
$250$1,504
$500$1,308
$1,000$1,120

Full coverage, driver age 40

Rates by Liability Limit

Mississippi Car Insurance Rates with Different Liability Limits
Liability LimitPremium
30/60$1,308
50/100$1,376
100/300$1,460
250/500$1,680
100 CSL$1,409
300 CSL$1,595
500 CSL$1,731

Full coverage, driver age 40

Rates for High Risk Drivers

Mississippi Car Insurance Rates for High Risk Drivers
AgePremium
16$6,872
20$4,794
30$2,890
40$2,822
50$2,694
60$2,668

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $181

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

DiscountSavings
Multi-policy$70
Multi-vehicle$67
Homeowner$18
5-yr Accident Free$98
5-yr Claim Free$84
Paid in Full/EFT$61
Advance Quote$65
Online Quote$93
Total Discounts$556
Rate after discounts $752

Discounts are estimated and may not be available from every company or in every state.

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