Cheapest car insurance in Mississippi for 2023

Rates were determined by adding a 16-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.

Rates were calculated by evaluating our base profile with the following incidents applied: single speeding ticket.

Rates were calculated by evaluating our base profile with the following incidents applied: single at-fault accident.

Rates were calculated by evaluating our base profile with the following incidents applied: single DUI conviction.

The best car insurance company in Mississippi will vary based on each driver's preferences and priorities. For drivers looking for low rates, the best car insurance company may be one that offers many applicable discounts. For those who value customer service, the best company may have lots of local agents available for face-to-face service. If you're looking for a place to start, you may want to consider our list of top carriers in Mississippi.

The best way to lower your car insurance cost in Mississippi is likely to consider what factors are driving up your premium in the first place. If you have a few dings on your driving record, maintaining safe driving habits and enrolling in a telematics program may help you save. If you have a teen driver who is costly to insure, young driver discounts may be effective. Other factors to potentially consider include your credit history, vehicle type, coverage selections and deductibles. While lowering your coverage and raising your deductibles will typically lower your premium, you may face higher out-of-pocket costs following a claim.

Yes, you can switch auto insurance companies at any time, but you may be charged a fee for ending your coverage before the end of your policy term. Additionally, you will likely want to ensure that you have your new policy in place before ending your old coverage so you don't experience a lapse in coverage.

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.

Our 2023 Bankrate Score considers variables our insurance editorial team determined impacts policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s product availability, financial strength ratings, online capabilities and customer and claims support accessibility. Each factor was added to a category, and these categories were weighted in a tiered approach to analyze how companies perform in key customer-impacting categories. 

Like our previous Bankrate Scores, each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. This year, our 2023 scoring model provides a more comprehensive view, indicating when companies excel across several key areas and better highlighting where they fall short.

• Tier 1 (Cost & ratings): To determine how well auto and home insurance companies satisfy these priorities, 2023 quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best and the NAIC, were analyzed.
• Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated each company’s discount options listed on its website.
• Tier 3 (Support): To encompass the many ways an auto insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored a company’s corporate sustainability efforts.