Best car insurance in Mississippi for 2021

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here’s an explanation for

Mississippi offers some of the most scenic and uncrowded roads in the country. Although there are only two million licensed drivers, Mississippi is one of the states with the highest traffic fatalities. Many of these fatalities could have been prevented — a study found that half of the individuals who died were not wearing their seatbelts.

Ensure your personal safety and that of others on the road by always wearing your seatbelt, making sure your car is in good operating condition and by having the appropriate amount of auto insurance to cover yourself and others in case of an accident.

Best car insurance companies in Mississippi

To pick the best Mississippi auto insurance companies, we compared their ratings from the J.D. Power customer satisfaction survey and AM Best for financial ratings. You can also compare this list with the list of best car insurance companies by the Bankrate.

Company J.D. Power customer satisfaction rating AM Best financial stability rating Average annual premium for minimum coverage Average annual premium for full coverage
Alfa Insurance 855/1000 A++ $519 $2,295
Nationwide 828/1000 A+ $320 $1,500
Progressive 824/1000 A+ $460 $1,567
State Farm 853/1000 A++ $303 $1,311

Alfa Insurance

Alfa Insurance came in with a rating of 855/1000 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.

Progressive

Progressive earned an average score of 824/1000 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 a 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.

Nationwide

Nationwide received an overall score of 828/1000 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 like 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.

State Farm

State Farm has a rating of 853/1000, 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.

Average car insurance cost in Mississippi

Mississippi drivers pay slightly less than the national average of $1,738 annually for full coverage.

Average annual premium for minimum coverage in Mississippi Average annual premium for full coverage in Mississippi
$429 $1,714

State minimum insurance requirements in Mississippi

Like almost all other states, 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, you’ll want a clear understanding of what you’re looking for in an insurance premium. Each insurance company offers different coverage options, add-ons and discounts. Each insurance policy also has a different application process. A few things to take into consideration are your budget, the coverage you’re looking for, future plans, and your past driving and payment history.

Evaluate your needs

It’s important to evaluate your individual needs when searching for car insurance as each person will have different needs and thresholds for evaluating a car insurance company. What may be the best car insurance for someone else normally will not be the best car insurance for you.

For example, are you trying to raise your credit score? If you have a low credit score, this may impact your ability to get the best car insurance deal. You’ll want to look for car insurance companies that offer high-risk options.

Consider state factors

State factors will also be something to look at when evaluating different car insurance companies as the list of add-ons can differ depending on your location. For example, you’ll want to narrow down your car insurance search within your ZIP code as most insurance companies offer local agents to assist since they understand the needs of local drivers.

According to the III, Mississippi has a rate of 23.7% of uninsured drivers in the region. That ranks the state as the second state with the most number of uninsured drivers. Considering uninsured motorist coverage may be a great add-on to protect you from any no-fault accidents with an uninsured motorist.

Car insurance discounts in Mississippi

Not researching what types of Mississippi auto insurance discounts are available is leaving money on the table. You could earn discounts for things you may not have realized are possible. Some of the most common discounts that can save you as much as 25% include:

  • Anti-theft equipment that deters thieves from targeting your vehicle
  • Automatic payment plans or annual prepayment
  • Hybrid or electric vehicle discounts for eco-friendly cars
  • Good driving history discounts that increase every year you don’t have an accident
  • Good student discount for high school and college students with good grades
  • Multi-policy discounts when you bundle other products like life insurance or your homeowners’ policy
  • Vehicle safety equipment discounts for newer cars that feature equipment like collision warning and automatic braking

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.

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.