Skip to Main Content
Powered by Coverage.com (NPN: 19966249)

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Average cost of car insurance in Mississippi for 2024

Car insurance in Mississippi costs an average of $446 for minimum and $1,771 for full coverage.

Updated Jan 17, 2024
Pay less for auto insurance
A better rate is around the corner. See how much you could save in 3 minutes or less.
Location-Icon
Lock Secure Your information is secure
Badge No spam. No fees. No surprises.
Compare quotes from reliable carriers
+ MORE
User
Provide some info to get offers
We only ask for info that can impact your rate so we can share accurate and personalized offers.
Insurance Auto
Select your policy
Compare and move forward with as many offers as you want from a list of trusted carriers.
Congrats
Settle your rate and policy details
Once you’ve decided on a carrier, wrap up the process online or on the phone with a trusted agent. 

How much is car insurance in Mississippi?

There are a number of factors that determine Mississippi car insurance rates. Not only will your carrier consider your age, city and coverage options, it will also calculate rates based on your driving record, gender, marital status and credit-based insurance score. To pinpoint how much Mississippi drivers spend on car insurance per year, Bankrate’s insurance editorial team analyzed rate data from Quadrant Information Services. According to our research, drivers in Mississippi pay an average of $446 a year for minimum coverage and $1,771 per year for full coverage. The average cost of insurance in the U.S. for a full coverage policy is $2,014, about 14 percent higher than average car insurance costs in Mississippi.

Key takeaways

  • Car insurance in Mississippi costs an average of $37 per month for minimum coverage and $148 per month for full coverage.
  • Data show Jackson residents pay the most for full coverage car insurance: $1,938, which is 9 percent more than the state average.
  • Mississippi drivers under the age of 20 typically pay the most for their auto insurance, with 18-year-old males paying an average of $5,820 annually for full coverage.
  • Having a DUI in Mississippi equates to average rates that are 65 percent more expensive at $2,922 per year.

What would you like to do today?

Mississippi car insurance rates by city

Location plays a large role in determining the average cost of car insurance in Mississippi. This is true at both the state and city level. It’s typical for car insurance in congested cities to be higher, as heavy traffic can make accidents more likely. That is the case in Jackson, the largest city in Mississippi, where average car insurance rates are 9 percent higher than the statewide average. Below, we’ve rounded up average rates in 10 of Mississippi’s largest cities to see how they compare with the state average.

Mississippi city Avg. monthly full coverage premium Avg. annual full coverage premium Percentage change from Mississippi avg. annual full coverage premium
Biloxi $150 $1,801 2%
Clinton $156 $1,872 6%
Greenville $149 $1,793 1%
Gulfport $152 $1,818 3%
Hattiesburg $142 $1,705 -4%
Jackson $162 $1,938 9%
Meridian $141 $1,688 -5%
Olive Branch $148 $1,770 0%
Southaven $148 $1,780 1%
Tupelo $135 $1,623 -8%
Advertising Disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Compare auto insurance rates

Answer a few questions to see personalized rates from top carriers.
Caret DownCaret Up
Please select age
Location-Icon
Lock Secure Your information is secure
SAVE WITH TRUSTED PROVIDERS
Powered by Coverage.com (NPN: 19966249)
Insurance Disclosure

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Badge No spam. No fees. No surprises.
Caret Left Back
Advertising Disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.
Choose from offers in
Powered by Coverage.com (NPN: 19966249)
Insurance Disclosure

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Average car insurance costs by age and gender in Mississippi

In addition to location, age and gender play a role in most states in determining your rate. Since statistics show that teen drivers are the most likely age group to be involved in an accident, they tend to pay a higher rate for their coverage. Rates (on average) go down gradually as drivers enter their twenties and continue to drop until they reach their seventies. Car insurance rates in Mississippi are also impacted by gender, with female drivers paying less, on average, than their male counterparts.

Age Avg. full coverage premium in Mississippi Avg. minimum coverage premium in Mississippi
Age 16* $3,780 $1,140
Age 18 $5,820 $1,678
Age 20 $4,225 $1,140
Age 25 $2,364 $593
Age 30 $1,941 $487
Age 40 $1,791 $448
Age 50 $1,634 $413
Age 60 $1,572 $404
Age 70 $1,694 $462

*16-year-old calculated on parents' policy with discounts applied; 18- and 20-year-old are renters on their own policies with no discounts applied

Age Avg. full coverage premium in Mississippi Avg. minimum coverage premium in Mississippi
Age 16* $3,196 $984
Age 18 $4,749 $1,417
Age 20 $3,431 $975
Age 25 $2,117 $560
Age 30 $1,868 $478
Age 40 $1,752 $445
Age 50 $1,611 $410
Age 60 $1,553 $399
Age 70 $1,659 $445

*16-year-old calculated on parents' policy with discounts applied; 18- and 20-year-old are renters on their own policies with no discounts applied

Lightbulb

Bankrate’s take: At their core, car insurance rates are an estimation of risk. The higher the risk of an accident or claim, the higher the rate you’ll likely pay. Because studies show men cause more accidents than women and are overall more dangerous drivers, insurers tend to charge them more.

Cost considerations for young drivers in Mississippi

Mississippi law mandates that young drivers aged 16 and 17 must be on the policy held by their parents or legal guardians. Once they reach the age of 18, they can purchase their own policy. But this may not make financial sense, since their coverage is likely to be cheaper if they stay on their parents' policy as long as they can. If they maintain a clean driving record, however, their car insurance rates should gradually decline as they get older.

Age Avg. annual premium for drivers on their parents' policy in Mississippi Avg. annual premium for drivers on their own policy in Mississippi Percent difference
Age 16 $3,488 N/A* N/A*
Age 17 $3,268 N/A* N/A*
Age 18 $3,011 $5,285 76%
Age 19 $2,715 $4,083 50%
Age 20 $2,617 $3,828 46%

*16- and 17-year-old drivers must be on their parents’ policy.

How does driving record impact the cost of car insurance in Mississippi?

You are likely to earn lower rates if you have a clean driving record. But, what if you have a couple of dings on your license? How much car insurance is in Mississippi will depend in part on your driving record; rates usually increase after just one speeding ticket.

The most serious infraction, and the one that will probably raise your rate the most, is a DUI conviction. Mississippi takes DUIs seriously, and you are likely to face fines and other penalties, plus more expensive car insurance premiums. If you have several driving infractions on your record, you may be deemed a high-risk driver and could need an insurer that will file an SR-22 certificate on your behalf.

The table here shows how average car insurance rates increase after different driving infractions.

Driving incident Avg. annual full coverage premium in Mississippi Percentage increase from Mississippi avg. annual full coverage premium
Clean driving record $1,771 0%
Speeding ticket conviction $2,143 21%
At-fault accident $2,659 50%
DUI conviction $2,922 65%

*The table above compares driving records with different incidents and highlights how much, on average, these incidents tend to raise rates. *The rates reflected are for full coverage policies.

Car insurance rates in Mississippi by credit tier

Another factor that may raise or lower your rate is your credit-based insurance score. Studies have shown that individuals with lower credit ratings tend to file more claims. As such, drivers with poor credit pay an average of 82 percent more for car insurance — a steeper increase than a driver convicted of a DUI. If your credit is not great, you may want to consider working with a financial planner to take steps to improve your score.

Credit tier Avg. annual full coverage premium in Mississippi Percentage change from Mississippi avg. annual full coverage premium
Poor $3,232 82%
Average $1,936 9%
Good $1,771 0%
Excellent $1,544 -13%

Mississippi car insurance rates by vehicle type

Car insurance rates vary by make and model, as well. If you drive a car that is relatively cheap to repair following an accident or mishap, you may pay less for your car insurance than a driver with an expensive sports car that has pricey, imported parts. That's something you may want to take into consideration when you are shopping for a new car.

Here are some sample average car insurance costs in Mississippi for a range of vehicle types to help give you a sense of what you might pay for car insurance based on your vehicle.

Vehicle Average annual full coverage premium in Mississippi
BMW 330i $2,387
Ford F-150 $1,610
Honda Odyssey $1,539
Toyota Camry $1,771
Toyota Prius $1,867

*Rates reflect full coverage policies.

Estimate your car insurance cost in Mississippi

There are lots of things that go into your Mississippi car insurance costs. To help you get a better idea of what your premium might be, Bankrate created the calculator below. Enter some basic information about yourself to receive an estimate. Keep in mind that this is not an official insurance quote and should only be used to give you a better understanding of how to budget for your policy.

Advertising Disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Calculate your monthly car insurance payment

Get a quick estimate to make sure you're not overpaying.

Caret DownCaret Up
Please select age
Lock Secure Your information is secure
Caret DownCaret Up
Please select credit score
Why we're asking
Methodology

How to save on car insurance in Mississippi

While car insurance rates in Mississippi are typically lower than what other drivers pay across the country, it might be possible to save even more on your premiums by taking advantage of discounts. Some common car insurance discounts that many people qualify for include:

  • Safe driver: Ask the carrier if it offers a telematics program, where your driving habits are monitored. If your driving meets certain standards, you may be eligible for a discount.
  • Multi-policy: If you purchase a homeowners or renters insurance policy from a carrier, ask about the discount to bundle your auto insurance. This sometimes amounts to significant savings on your policy.
  • Claims-free: Many carriers offer a discount if you have gone a certain number of years without making any claims.
  • Military: Almost all carriers offer discounts to active-duty members of the military or veterans. If you are stationed at Camp Shelby, Keesler AFB or any Mississippi military base, be sure to ask if this discount is available.
Clock Wait
46
years of industry expertise
Search
122
carriers reviewed
Location
20.7K
ZIP codes examined
Dollar Coin
1.2M
quotes analyzed

Frequently asked questions

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2023 rates for ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2021 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should only be used for comparative purposes.

Credit-based insurance scores: Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. Four states prohibit or limit the use of credit as a rating factor in determining auto insurance rates: California, Hawaii, Massachusetts and Michigan.

Incidents: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket and single DUI conviction.

Model: To determine cost by vehicle type, we evaluated our base profile with the following vehicles applied: BMW 330i, Ford F-150, Honda Odyssey, Toyota Prius and Toyota Camry (base).

Age: Rates were calculated by evaluating our base profile with the ages 16-70 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations.

Gender: The following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, North Carolina, Pennsylvania.

Teens: Rates were determined by adding a 16- or 17-year-old teen to their 40-year-old married parents' policy. The rates displayed reflect the total cost of a driver this age added to their parents’ policy unless otherwise noted.

Savings

Compare rates and save on auto insurance today!

ZIP code
Close X
Written by
Mary Van Keuren
Contributor, Insurance

Mary Van Keuren has written for insurance domains such as Bankrate, Coverage.com, and The Simple Dollar for the past five years, specializing in home and auto insurance. She has also written extensively for consumer websites including Reviews.com and Slumber Yard. Prior to that, she worked as a writer in academia for several decades.

Edited by Senior Editor, Insurance