Low-cost car insurance in Mississippi

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Drivers in Mississippi can find the cheapest average premium with Travelers, at $1,885 per year. By comparison, the statewide average monthly cost is $205. Keep in mind that rates vary for each driver depending on factors like driving record, ZIP code, and vehicle type.

Since auto insurance laws differ by state, Mississippi requires drivers to carry at least $25,000 in bodily injury coverage per person, $50,000 in bodily injury per accident, and $25,000 for property damage liability.

For broader protection, full coverage may be a smart option. It combines liability, collision, and comprehensive insurance, giving you coverage not only for other drivers but also for your own vehicle if it’s damaged in a crash, stolen, or affected by severe weather.

Here’s how different insurers stack up for drivers in Mississippi, depending on your situation.

Key Takeaways

Travelers has the lowest average car insurance premium in Mississippi, costing $1,885 per year. That’s $570 the state average.
For drivers with an at-fault accident on record, Travelers offers the most affordable coverage at around $2,643 annually.
The 38828 ZIP code stands out as the cheapest area for auto insurance in Mississippi, with an average yearly cost of $2,035.

Low-cost car insurance companies in Mississippi

Among all insurers in Mississippi, Travelers comes in lowest at $1,885 per year – $570 less than the statewide average. Keep in mind that your actual premium depends on factors like age, driving history, ZIP code, and the type of car you drive.

Comparing quotes from multiple companies is the best way to make sure you’re getting a competitive rate.

Below are the annual premiums from the cheapest car insurance companies in Mississippi.

Company	Average annual rates
Travelers	$1,885
Shelter Insurance	$2,346
Nationwide	$2,559
GEICO	$2,637
Progressive	$2,687
Southern Farm Bureau	$2,743
Allstate	$2,992
Safeway Insurance	$3,518
USAA*	$1,405

*USAA is only available to military community members and their families.

How we choose low-cost car insurance companies in Mississippi

170+

Carriers reviewed

78M+

Quotes analysed

34K+

ZIP codes examined

ZIP codes with the cheapest car insurance in Mississippi

In Mississippi, drivers living in the 38828 ZIP code enjoy the lowest average annual premium at $2,035. Check the table below to see which other ZIP codes in the state have more affordable rates.

ZIP code	City	Average annual rates
38828	Blue Springs	$2,035
38801	Tupelo	$2,042
38804	Tupelo	$2,051
38849	Guntown	$2,054
38826	Tupelo	$2,056
38866	Saltillo	$2,059
38879	Verona	$2,063
38652	New Albany	$2,064
38869	Sherman	$2,073
38856	Marietta	$2,074

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Auto insurance premiums vary significantly from city to city, so drivers need to be sure they’re getting the best deal. Insure.com has done the research for you. Get more information on auto insurance rates by city below.

Car insurance rates in Mississippi by city

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Low-cost car insurance in Mississippi by age

Teen drivers in Mississippi pay higher insurance rates than adult drivers because they are more likely to get into accidents and file claims. For example, our data shows that a 16-year-old driver pays $7,664 more than a 40-year-old driver in Mississippi.

The table below shows low-cost car insurance rates for drivers of different ages.

Age group	Full coverage annual premiums
Teens (16-19)	$8,212
Young Adults (20-24)	$3,968
Adults (25-60)	$2,443
Seniors (65-75)	$2,365

Low-cost car insurance in Mississippi by driver history

Insurers weigh your driving record heavily when setting premiums. You can expect your rates to rise if you’re ticketed or at fault in an accident. On the other hand, drivers with clean records are considered lower risk and usually qualify for cheaper coverage.

Low-cost car insurance after a speeding ticket in Mississippi

Just one speeding ticket in Mississippi can raise your rates by 32% – $779 more per year. Along with the ticket fine, that makes speeding an expensive mistake. The table below shows insurers offering lower-cost options even with a violation.

Company	Average annual premium	New rate after accident	% Increase	$ Increase
Travelers	$1,885	$2,737	45%	$852
Shelter Insurance	$2,346	$2,858	22%	$511
Allstate	$2,992	$3,297	10%	$306
GEICO	$2,637	$3,422	30%	$785
Progressive	$2,687	$3,709	38%	$1,022
Nationwide	$2,559	$3,911	53%	$1,352
USAA*	$1,405	$1,824	30%	$419

*USAA is only available to military community members and their families.

Low-cost car insurance after an accident in Mississippi

Being at fault in an accident will drive your premiums up, but some insurers remain more affordable than others. Travelers is the lowest-cost option for these drivers, with an average annual premium of $2,643.

If you’ve had an accident, comparing quotes can help you avoid overpaying. See the table below for the cheapest companies after one at-fault accident.

Company	Average annual premium	New rate after accident	% Increase	$ Increase
Travelers	$1,885	$2,643	40%	$758
Nationwide	$2,559	$4,014	57%	$1,455
Allstate	$2,992	$4,366	46%	$1,374
Progressive	$2,687	$4,429	65%	$1,742
GEICO	$2,637	$4,440	68%	$1,803
Shelter Insurance	$2,346	$4,763	103%	$2,416
USAA*	$1,405	$2,138	52%	$732

*USAA is only available to military community members and their families.

Low-cost car insurance after a DUI in Mississippi

A DUI places you in the high-risk driver category, which usually leads to much higher premiums. Still, some insurers in Mississippi are more affordable than others. The table below shows which companies offer the lowest average rates after a DUI conviction.

Company	Average annual premium	New rate after accident	$ Increase	% Increase
Travelers	$1,885	$2,854	$968	51%
Progressive	$2,687	$3,381	$694	26%
Allstate	$2,992	$4,071	$1,079	36%
Nationwide	$2,559	$5,221	$2,662	104%
Shelter Insurance	$2,346	$5,368	$3,021	129%
GEICO	$2,637	$8,214	$5,577	211%
USAA*	$1,405	$2,731	$1,326	94%

*USAA is only available to military community members and their families.

Average cost of car insurance Mississippi

Full coverage insurance costs more than minimum liability insurance, but the extra cost is worth it for most drivers. That’s because minimum liability only pays for injuries or damage you cause to others, leaving you to cover repairs or replacement of your own car out of pocket. Full coverage, on the other hand, includes collision and comprehensive insurance, so your vehicle is protected in situations like accidents, theft, storms, or vandalism.

The average cost of full coverage car insurance in Mississippi is $58 less than the national average car insurance rates in the U.S.

We recommend that you carry at least coverage limits of 100/300/100 – that’s $100,000 in bodily injury coverage per person, $300,000 per accident, and $100,000 in property damage coverage. These limits provide a better safety net if you’re involved in a serious accident where costs could quickly exceed minimum requirements.

What is full coverage car insurance?

Full coverage refers to liability insurance plus both collision and comprehensive. Collision pays for damage to your vehicle after an accident, while comprehensive covers non-collision events like theft, fire, or hail damage.

If you lease or finance your vehicle in Mississippi, your lender may require collision and comprehensive insurance on top of the state’s liability minimums.

The bottom line on saving and staying protected

Everyone wants to save on car insurance, but skimping on coverage can leave you with big bills after an accident.

The best approach is to balance affordability with protection. Always compare quotes from at least three companies to find the cheapest car insurance in Mississippi.

Methodology

Insure.com gathered data from Quadrant Information Services to get car insurance rates in Mississippi. The rates are based on a sample profile of a 40-year-old male and female driving a Honda Accord LX with a good insurance score and no violation on record for a full coverage insurance policy with limits 100/300/100 and $500 comprehensive and collision deductibles.

We analyzed 53,409,632 insurance quotes from 170 insurance companies across 34,588 ZIP codes nationwide.

To determine car insurance rates for high-risk drivers with a history of traffic violations, we used a sample profile of a 40-year-old male and female driver who own a Honda Accord LX.

We also used sample profiles of drivers from different age groups: Teen drivers (Age 16-19), young drivers (Age 20-24), adult drivers (Age 25-60) and senior drivers (Age 65-75)

We determined the premiums for a high-risk driver with the following incidents applied

1 At-fault property damage accident over $2K
1 At-fault property damage accident under $2K
At-fault bodily injury accident
Poor credit
DUI/DWI first offense
Speeding 30+ over limit
Speeding ticket 1-10 MPH over limit
Speeding ticket 11-29 MPH over the limit

These are sample rates, and your exact rates may vary.

Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.