Best cheap car insurance in Jackson

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Compared to the rest of the country, car insurance in Jackson, Mississippi, is more expensive. Each year drivers pay, on average, $1,976 for full and $594 for basic coverage.

Why so much? Part of the reason is the sheer amount of drivers. According to the Federal Highway Administration’s latest report, Mississippi has almost 2 million licensed drivers on the road, most of whom are in Hinds County. Another reason is that the state of Mississippi itself has the second-highest rate of uninsured drivers in the nation (just under 24%). When you compare this data to the fact that Mississippi also has the highest car-related death percentage in the U.S. (22.2 fatal car accidents for every 100,000 people), you can begin to see why insurance companies charge more for Jackson residents.

However, drivers in Jackson deserve the best cheap car insurance they can find, which is why we compiled this list of the companies we believe deliver the best bang for your buck. We looked at a multitude of factors including J.D. Power and AM Best scores, discounts, coverage options and the average cost for both full and basic coverage.

Best car insurance companies in Jackson

To choose the best car insurance in Jackson, we considered criteria such as customer satisfaction scores, financial strength, average premium cost, coverage options and available discounts. The following five companies had a strong balance of each.

Insurance company J.D. Power score Average annual premium for minimum coverage Average annual premium for full coverage
Allstate 846 / 1,000 $802 $2,776
Metlife 821 / 1,000 $676 $2,284
Progressive 848 / 1,000 $628 $1,738
State Farm 835 / 1,000 $439 $1,491
USAA 909 / 1,000 $351 $1,217

Quadrant Information Services, 2020

Allstate

Allstate is one of the few companies to offer rideshare insurance. Therefore, if you drive for Uber or Lyft (or think you might want to in the future), it’s only a few dollars more to add this coverage option. Additionally, Allstate also has a few other unique coverage options. Standouts include:

  • Medical payments coverage
  • Roadside coverage
  • Rental reimbursement coverage
  • Personal umbrella policy
  • Sound system insurance

Allstate is also a great company to work with if you have any students at home (or are one yourself). As long as you are under 25, you can get discounts for maintaining a B average, completing the teenSMART driver education program or garaging your car while away at school.

Metlife

Save big when you bundle with Metlife. Metlife reports that customers who use them for both car and home insurance, save an average of $562 a year. Metlife also provides special discounts depending on where you work or what associations you belong to. Drivers who qualify save an additional 15%.

Our favorite thing about Metlife is its dedication to improving driver awareness. They have a free app called My Journey, which helps both monitor and decrease distracted driving.

Progressive

Progressive has strong customer service and financial strength (A+ rating for financial strength with AM Best). Besides price, these can be two of the most important factors when vetting an insurance company. You want a company that can handle large-scale disasters, as well as one that knows how to talk with its customers both during and after a crisis.

In terms of discounts, Progressive offers a plethora of options to every driver. One of our favorite things about Progressive, however, is its transparency. Progressive allows all shoppers to compare rates with other providers, showing the likely premium you would receive with each company. Another cool feature it offers is the ‘Name Your Price’ tool. Tell Progressive your budget, and Progressive will tell you what coverage options you have with it.

State Farm

State Farm insures more drivers than any other provider in the U.S. and is the second cheapest provider on our list.

There are a lot of things to love about State Farm. Our favorite is the number of discounts it offers. It’s not unusual for drivers to find 2-3 discounts they can use right away after signing up. One option is the Drive Safe and Save discount, which uses a smartphone app to analyze your driving behavior. If it likes what it sees, you can get savings on your premium.

USAA

USAA only works with current and retired military as well as their immediate family members. However, with so many vets who served in Vietnam and both Gulf Wars living in Jackson, we found it more than worthwhile to discuss.

USAA routinely beats out its top competition year after year when it comes to customer satisfaction with companies like J.D. Power (only to be disqualified from ‘winning’ because of its membership requirements). USAA is also a financially strong company, too. AM Best considers its financial strength to be an A++ — meaning it couldn’t be any stronger.

Cheapest car insurance in Jackson

According to our most recent study, Jackson costs, on average, about $262 more annually than the rest of the state for full coverage ($1,976 vs $1,782). The national average for full coverage is $1,674 (a $375 difference from Jackson). Overall, Jackson is more expensive, which means that it’s worth your while to shop around and find the best carrier at the best price.

The table below showcases the cheapest car insurance rates in the city from the most popular carriers based on market share (Hint: you may notice some similarities with the list above.) If you’re going to be shopping around for the best car insurance quotes in Jackson, you may want to start with these companies.

Insurance Company Average Annual Premium for Minimum Coverage Average Annual Premium for Full Coverage
USAA $351 $1,217
State Farm $439 $1,491
Progressive $628 $1,738
MetLife $676 $2,284
Allstate $802 $2,776

Quadrant Information Services, 2020

All companies score well for both customer service and financial strength. Each offers great discounts, but USAA falls short when compared to its competitors (but that’s mostly because it doesn’t have to-it’s already an affordable option).

Each company is also online and tech-friendly. Our favorite mobile apps go to State Farm and Progressive because, in addition to being able to do anything you want on them (file a claim, check the status of a claim, make a payment or request roadside assistance), you can also use them to save even more with safe driving discounts.

Jackson insurance requirements

Jackson, Mississippi, requires all drivers to have a 25/50/25 policy. Written out, this means that if you are going to drive in Jackson, you must be carrying enough insurance to cover up to:

  • $25,000 per person for bodily injury or death
  • $50,000 per accident for bodily injury or death
  • $25,000 per accident for property damage

While rate shopping, don’t just focus on minimum rates. If you plan on leasing or financing a new car, for example, the auto dealership may require you to get full coverage. Despite what you may think, it’s not uncommon for a company to be the cheapest provider for full coverage, but not be the cheapest for minimum and vice versa.

Car insurance discounts in Jackson

  • Defensive Driving Course
  • Good Student
  • Multi-Car/ Multi-policy
  • Safe Driving
  • Anti-Theft

Most national providers offer their customers multiple ways to lower their car insurance. The biggest bang for your buck in Jackson, Mississippi, often comes from some form of customer loyalty discount— be it insuring multiple cars or also purchasing condo, homeowners or renters insurance through the same company. In fact, it’s not unheard of to save as much as 25% on a policy when you go one or both of these routes.

Are you or your child attending Jackson State University? Or do you have a young driver still in high school? If he or she is maintaining a B average, you might as well let all of that hard work pay off (literally). State Farm, for example, awards good students and their parents with savings up to 25% until the student reaches 25.

Frequently asked questions

What is the best car insurance company?

The best car insurance company for you is going to depend on a number of factors. Insurers take into account things like your car’s make and model, your age, your gender, your risk profile and more when writing your premiums. It also depends on what kind of coverage you want, how much coverage you want and available discounts that you can take advantage of. To learn about some of our favorite companies, read The Best car insurance companies for 2021.

How much does car insurance in Jackson cost?

Jackson drivers pay an average of $594 for basic and $1,976 for full coverage.

How much car insurance do I need in Jackson?

Mississippi requires all drivers to have a 25/50/25 policy, which may sound like a lot, but it really isn’t if you’re in a serious car accident. Even if you disregard medical bills, $25,000 isn’t a lot of money when it comes to property damage. Many new cars cost around $50,000. If you total one, you will be responsible to pay for anything not covered by your insurance provider.

Is Mississippi a no-fault state?

No, Mississippi is not a no-fault state. It is a tort state. This means that at-fault drivers are financially responsible for any damages they cause.

Methodology

Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. 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 coverages that meet each state’s requirements. Our sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.