Best car insurance in Mississippi for 2021

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The average cost for full coverage car insurance in the state of Mississippi is $1782 annually, according to Bankrate’s 2021 study of quoted annual premiums. Although there are only two million licensed drivers in the state, Mississippi still has one of the highest traffic fatalities in the nation. This means that while Mississippi is home to some of the most scenic and uncrowded roads in the country, it also carries its own dangers.

The right car insurance is a must before you slide behind the wheel, and Bankrate has the latest data and rates to help you find the best Mississippi car insurance for you. Our editorial team compared coverage options, third-party ratings, average rates, online tools, discounts and ease of use to determine the top options.

Best car insurance companies in Mississippi

To pick the best Mississippi auto insurance companies, we compared factors like coverage, pricing, and resources, as well as ratings from the 2021 J.D. Power Auto Insurance Study and AM Best for financial ratings. You can also compare this list with the list of best car insurance companies by Bankrate.

Car insurance company Average annual full coverage premium in Mississippi J.D. Power customer satisfaction score
(Southeast region)
Alfa Insurance $2,295 837/1,000
Nationwide $1,500 831/1,000
Progressive $1,567 828/1,000
State Farm $1,311 859/1,000

Alfa Insurance

Alfa Insurance came in with a rating of 837/1,000 points from J.D. Power, scoring above average across all categories including price, policy offerings, billing process, interactions and claims process. Alfa Insurance is a regional provider, so it doesn’t have all the bells and whistles of larger companies, but it does offer several of the most common discounts and a few extras. Alfa also offers helpful programs like roadside assistance.

Learn more: Alfa Insurance review

Nationwide

Nationwide received an overall score of 831/1,000 and an excellent AM Best rating, although it scored below average in policy offerings and price. Nationwide has a variety of coverage options so you can customize your insurance plan. Options include rental car expense coverage if you need a vehicle while yours is repaired after an accident, towing and labor coverage if you break down on the road and roadside assistance coverage.

Learn more: Nationwide Insurance review

Progressive

Progressive earned an average score of 828/1,000 in every category of the survey. Progressive has many discounts and coverage options so you can get multiple policies from the same provider. Progressive’s add-on options like custom parts and equipment value that can provide financial protection for things like stereos and navigation systems, rideshare insurance, roadside assistance and lease/loan payoff can help people get coverage they might not find with another provider.

Learn more: Progressive Insurance review

State Farm

State Farm has a rating of 859/1,000 from J.D. Power, although customers found the insurer doesn’t have the most competitive prices unless the customer can take advantage of some of the many discounts like Steer Clear for young drivers to help them develop safe driving habits, Drive Safe and Save for anyone who shows that they drive safely, good student, vehicle safety and defensive driving courses.

Learn more: State Farm Insurance review

Average car insurance cost in Mississippi

Mississippi does not have the safest roads in the country, so it makes sense that car insurance costs a little more. At $1,782 per year, the average cost of car insurance in Mississippi is more than the national average of $1,674 per year.

Average annual premium for minimum coverage in Mississippi Average annual premium for full coverage in Mississippi
$492 $1,782

State minimum insurance requirements in Mississippi

Like almost all other state insurance requirements, Mississippi requires mandatory minimum levels of auto insurance. If you live and drive in the state, you must have the following minimum liability insurance coverages:

  • Bodily injury liability coverage of $25,000 per person
  • Bodily injury liability coverage of $50,000 per accident where more than one person is involved
  • Property damage liability coverage of $25,000

How to get the best car insurance

When searching for car insurance, it helps to understand what options are going to be the most beneficial for you:

  • Evaluate your needs: Each insurance company offers different coverage options, add-ons and discounts, making it critical to shop around. For example, you might want a provider that charges less on average for young drivers if you have teenagers, or you might want a provider that does not give as much weight to speeding tickets if you have a few on your record.
  • Consider state factors: Every state requires a minimum amount of auto insurance, including Mississippi. When shopping for car insurance, consider factors such as mandatory coverage, budget, future plans, and your driving record. Also consider things like weather and distance to essential services and how that will influence your vehicle use.

Car insurance discounts in Mississippi

Finding the cheapest car insurance in Mississippi could be as simple as researching eligible discounts. Some of the most common discounts can save you as much as 25% on your Mississippi car insurance, including these popular savings programs:

  • Safety discounts: Many insurance companies offer extra savings when you have a secure vehicle. This can include discounts for anti-lock brakes and anti-theft equipment that deters thieves from targeting your vehicle.
  • Payment discounts: You can save money just for paying your bill with many insurance providers. These savings can include discounts for automatic payment plans or annual prepayment.
  • Your vehicle: You can earn extra discounts when you drive a new car. Many insurers also offer hybrid or electric vehicle discounts for eco-friendly cars.
  • Driver discounts: There are many ways that you can personally earn a discount, such as safe driver, low annual mileage or telematics-based discounts. There are also often special savings for college students, teen drivers, and members of the military.

Given Mississippi’s high rate of high traffic fatalities, insurance rates can run higher than most other states. It is especially concerning because many of these fatalities could have been prevented — a study found that half of the individuals who died were not wearing their seatbelts. To save even more, always practice safe driving and inquire about accident-free discounts that reward you with savings for every year you do not have an accident.

Here’s a quick look at how you can save more with the top Mississippi auto insurance companies:

Mississippi car insurance discounts
Alfa Insurance Nationwide Progressive State Farm
Anti-theft equipment x x x
Automatic payments x x
Hybrid and alternative fuel cars
Good driving history x x x
Good student x x x x
Multi-policy x x x x
Vehicle safety equipment x x x

Frequently asked questions

What is the best car insurance in Mississippi?

The best car insurance rates depend on your level of coverage, deductible, driving history, credit and age. Refer to our tables above for a quick reference of how Mississippi insurance rates can vary and how you can save on your auto insurance.

What information is needed in order to get car insurance in Mississippi?

To get auto insurance, you’ll need:

  • Vehicle information including car make, model and vehicle identification number. You can find the (VIN)on the dashboard of the driver’s side of the vehicle
  • Social security number
  • Driver’s license
  • Proof of residence such as utility bills or a lease
  • Payment in the form of a check, debit or credit card

What is the state-required amount of auto insurance I need in Mississippi?

If you live and drive in Mississippi, you must carry liability insurance with the following minimum coverage amounts:

  • Bodily injury liability coverage of $25,000 per person
  • Bodily injury liability coverage of $50,000 per accident where more than one person is involved
  • Property damage liability coverage of $25,000

How can I get the best rate on my auto insurance?

Car insurance companies offer many discounts to earn your business. To get the best rate on your auto insurance, review our auto insurance discount comparison table above and comparison shop at least three companies to find the best price. You could also choose a higher insurance deductible. In case of an accident, your out-of-pocket costs may be higher, but you may save enough on the monthly insurance premium to offset the higher deductible amount.

Should I bundle my car insurance in Mississippi?

Most insurance providers offer an additional discount when you purchase more than one policy from the same provider. In addition to popular home and auto insurance bundles, you can also bundle your car insurance with other types of insurance, such as homeowners, renters, condo and life insurance.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2021 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 base profile drivers own a 2019 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.

Bankrate Scores

Bankrate Scores primarily reflect a weighted rank of industry standard ratings for financial strength (AM Best, S&P, Moody’s) and customer experience (J.D. Power, NAIC), in addition to average quoted rates from Quadrant Information Services. The J.D. Power studies utilized include the 2021 Auto Insurance Study and the 2020 Auto Claims Study. Our Bankrate editorial team’s extensive research and analysis provided a secondary assessment of each insurer’s online and mobile resources and policy management options, which also contributed to overall ratings.

Written by
Grace Kim
Insurance Contributor
Grace Kim has two years of experience in writing for finance and insurance domains such as The Cheapest Car Insurance Companies in New Jersey at Bankrate and Reviews.com. She has written about auto, homeowners, renters and life insurance. She holds an M.Sc from New York University in Corporate Communications and has spent most of her professional experience writing about finance and tech topics.
Edited by
Insurance Editor