The Cheapest Car Insurance in Mississippi for 2023

Auto insurance is an important purchase, but finding cheap car insurance in Mississippi isn’t always easy. The best way to find cheap car insurance is to compare rates from multiple insurers.

The cheapest car insurance company in Mississippi is Progressive at $1,205 per year on average, or $100 per month, according to the most recent NerdWallet analysis of full coverage car insurance rates in Mississippi. Meanwhile, the average cost of full coverage car insurance in Mississippi is $1,950 per year, or about $162 per month.

Minimum coverage in Mississippi is $563 per year on average, but we found you can likely get a cheaper policy. For example, State Farm offers the cheapest rates in Mississippi at $335 per year, on average, for minimum coverage car insurance for a 35-year-old driver with a clean driving record.

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How we chose the cheapest companies in Mississippi

NerdWallet’s editorial team analyzed car insurance rates from 13 auto insurers in Mississippi and listed the five cheapest options for drivers in several age brackets and with different histories, all driving a 2020 Toyota Camry L. For minimum coverage, we looked at rates that reflect the minimum requirements in Mississippi. For full coverage, we used the below 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 coverage per person.
$300,000 uninsured motorist coverage per accident.
Collision coverage with a $1,000 deductible.
Comprehensive coverage with a $1,000 deductible.

Why you can trust NerdWallet

Our writers and editors follow strict editorial guidelines to ensure fairness and accuracy in our writing and data analyses. You can trust the prices we show you because our data analysts take rigorous measures to eliminate outliers and inaccuracies in pricing data, which include rates from every locale in Mississippi where coverage is offered and data is available. When comparing rates for different coverage amounts, ages and backgrounds, we change only one variable at a time, so you can easily see how each factor affects pricing.

Cheapest for 20-year-old drivers

Drivers in their 20s may have to get a lot of quotes to find the best cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.

Cheapest full coverage car insurance in Mississippi for 20-year-olds

Drivers in Mississippi with clean driving records may want to consider the following companies, which had the lowest average rates:

Progressive: $2,148 per year, or about $179 per month.
Travelers: $2,711 per year, or about $226 per month.
Mississippi Farm Bureau: $2,761 per year, or about $230 per month.
State Farm: $3,019 per year, or about $252 per month.
Direct Auto: $3,109 per year, or about $259 per month.

Cheapest minimum coverage car insurance in Mississippi for 20-year-olds

Drivers in Mississippi who want just the state minimum coverage may want to check with these companies, which had the lowest average rates:

Direct Auto: $723 per year, or about $60 per month.
Progressive: $850 per year, or about $71 per month.
Travelers: $857 per year, or about $71 per month.
State Farm: $885 per year, or about $74 per month.
Mississippi Farm Bureau: $1,064 per year, or about $89 per month.

Cheapest auto insurance in Mississippi for 20-year-olds with poor credit

Drivers with poor credit in Mississippi should look at the following insurers with the lowest average rates for minimum coverage:

Direct Auto: $677 per year, or about $56 per month.
Safeway: $1,076 per year, or about $90 per month.
Travelers: $1,333 per year, or about $111 per month.
Progressive: $1,461 per year, or about $122 per month.
Geico: $1,743 per year, or about $145 per month.

Cheapest auto insurance in Mississippi for 20-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Mississippi, here are the companies with the lowest average rates for minimum coverage:

Progressive: $927 per year, or about $77 per month.
State Farm: $1,000 per year, or about $83 per month.
Travelers: $1,051 per year, or about $88 per month.
Direct Auto: $1,240 per year, or about $103 per month.
Safeway: $1,242 per year, or about $104 per month.

Cheapest auto insurance in Mississippi for 20-year-old drivers with one at-fault crash

For drivers with a recent accident in Mississippi, here are the companies with the lowest average rates for minimum coverage:

Progressive: $1,044 per year, or about $87 per month.
Travelers: $1,099 per year, or about $92 per month.
State Farm: $1,202 per year, or about $100 per month.
Nationwide: $1,366 per year, or about $114 per month.
Safeway: $1,387 per year, or about $116 per month.

Cheapest auto insurance in Mississippi for 20-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI is shown here, alongside the insurers' average rates for minimum coverage.

Progressive: $977 per year, or about $81 per month.
Travelers: $1,271 per year, or about $106 per month.
State Farm: $1,436 per year, or about $120 per month.
Safeway: $1,491 per year, or about $124 per month.
Direct Auto: $1,536 per year, or about $128 per month.

Cheapest for 30-year-old drivers

By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.

Cheapest full coverage car insurance in Mississippi for 30-year-olds

Drivers in Mississippi who want their state's minimum coverage can check with the following companies, which had the lowest average rates:

Progressive: $1,222 per year, or about $102 per month.
State Farm: $1,437 per year, or about $120 per month.
Direct Auto: $1,505 per year, or about $125 per month.
Travelers: $1,636 per year, or about $136 per month.
Nationwide: $1,793 per year, or about $149 per month.

Cheapest minimum coverage car insurance in Mississippi for 30-year-olds

Drivers in Mississippi who want their state's minimum coverage can check with the following companies, which had the lowest average rates:

State Farm: $336 per year, or about $28 per month.
Direct Auto: $377 per year, or about $31 per month.
Travelers: $528 per year, or about $44 per month.
Progressive: $534 per year, or about $44 per month.
Nationwide: $537 per year, or about $45 per month.

Cheapest auto insurance in Mississippi for 30-year-olds with poor credit

Drivers with poor credit in Mississippi should consider the following companies with the lowest average rates for full coverage:

Direct Auto: $1,536 per year, or about $128 per month.
Safeway: $2,207 per year, or about $184 per month.
Progressive: $2,327 per year, or about $194 per month.
Travelers: $2,794 per year, or about $233 per month.
Nationwide: $2,977 per year, or about $248 per month.

Cheapest auto insurance in Mississippi for 30-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Mississippi, here are the companies with the lowest average rates for minimum coverage:

State Farm: $379 per year, or about $32 per month.
Progressive: $582 per year, or about $48 per month.
Travelers: $627 per year, or about $52 per month.
Direct Auto: $667 per year, or about $56 per month.
Nationwide: $694 per year, or about $58 per month.

Cheapest auto insurance in Mississippi for 30-year-old drivers with one at-fault crash

For drivers in Mississippi with a recent accident, here are the lowest average rate options for full coverage:

Progressive: $1,739 per year, or about $145 per month.
State Farm: $1,863 per year, or about $155 per month.
Travelers: $2,149 per year, or about $179 per month.
Mississippi Farm Bureau: $2,344 per year, or about $195 per month.
Safeway: $2,673 per year, or about $223 per month.

Cheapest auto insurance in Mississippi for 30-year-old drivers after a DUI

For the cheapest auto insurance after a DUI, we found the following options for full coverage.

Progressive: $1,475 per year, or about $123 per month.
State Farm: $2,130 per year, or about $177 per month.
Travelers: $2,370 per year, or about $197 per month.
Safeway: $2,871 per year, or about $239 per month.
Mississippi Farm Bureau: $3,005 per year, or about $250 per month.

Cheapest for 40-year-old drivers

Drivers in their 40s tend to have better insurance rates than their younger counterparts on average, but still pay more than older age groups. Shopping around for cheap car insurance quotes with multiple insurers is the best way to find lower rates. Good drivers who don’t get behind the wheel often might want to consider pay-per-mile insurance, which charges drivers by how many miles they drive.

Cheapest full coverage car insurance in Mississippi for 40-year-olds

Drivers in Mississippi with clean driving records may want to think about the following companies, which had the lowest average rates:

Progressive: $1,141 per year, or about $95 per month.
Direct Auto: $1,309 per year, or about $109 per month.
State Farm: $1,399 per year, or about $117 per month.
Travelers: $1,453 per year, or about $121 per month.
Shelter: $1,552 per year, or about $129 per month.

Cheapest minimum coverage car insurance in Mississippi for 40-year-olds

Drivers in Mississippi who want just the minimum coverage may want to check prices from these companies, which had the lowest average rates:

Direct Auto: $334 per year, or about $28 per month.
State Farm: $341 per year, or about $28 per month.
Travelers: $485 per year, or about $40 per month.
Mississippi Farm Bureau: $490 per year, or about $41 per month.
Nationwide: $500 per year, or about $42 per month.

Cheapest auto insurance in Mississippi for 40-year-olds with poor credit

Drivers with poor credit in Mississippi can check out the following insurers with the lowest average rates for full coverage:

Direct Auto: $1,336 per year, or about $111 per month.
Safeway: $1,852 per year, or about $154 per month.
Progressive: $2,201 per year, or about $183 per month.
Travelers: $2,397 per year, or about $200 per month.
Nationwide: $2,771 per year, or about $231 per month.

Cheapest auto insurance in Mississippi for 40-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Mississippi, here are the companies with the lowest average rates for minimum coverage:

State Farm: $385 per year, or about $32 per month.
Progressive: $559 per year, or about $47 per month.
Direct Auto: $586 per year, or about $49 per month.
Travelers: $611 per year, or about $51 per month.
Nationwide: $647 per year, or about $54 per month.

Cheapest auto insurance in Mississippi for 40-year-old drivers with one at-fault crash

For drivers with a recent accident living in Mississippi, here are the companies with the lowest average rates for full coverage:

Progressive: $1,652 per year, or about $138 per month.
State Farm: $1,814 per year, or about $151 per month.
Travelers: $2,025 per year, or about $169 per month.
Mississippi Farm Bureau: $2,134 per year, or about $178 per month.
Safeway: $2,230 per year, or about $186 per month.

Cheapest auto insurance in Mississippi for 40-year-old drivers after a DUI

The cheapest full coverage auto insurance we found for drivers with a DUI came from the following companies.

Progressive: $1,391 per year, or about $116 per month.
State Farm: $2,072 per year, or about $173 per month.
Travelers: $2,236 per year, or about $186 per month.
Safeway: $2,392 per year, or about $199 per month.
Mississippi Farm Bureau: $2,709 per year, or about $226 per month.

Cheapest for 50-year-old drivers

Drivers in their 50s have cheaper car insurance rates than most other age groups on average. Prices will continue to drop as they inch toward their 60s and gain more driving experience. Rates can still vary depending on other factors such as a driver’s gender and location, so it’s smart to shop around to find the best rate. Our list of cheap auto insurance companies is a good place to start.

Cheapest full coverage car insurance in Mississippi for 50-year-olds

Drivers in Mississippi with clean driving records may want to get quotes from these insurers, which had the lowest average rates:

Progressive: $1,041 per year, or about $87 per month.
Direct Auto: $1,212 per year, or about $101 per month.
Shelter: $1,294 per year, or about $108 per month.
State Farm: $1,353 per year, or about $113 per month.
Travelers: $1,421 per year, or about $118 per month.

Cheapest minimum coverage car insurance in Mississippi for 50-year-olds

Drivers in Mississippi who opt for the state minimum coverage may want to consider the following companies, with the lowest average rates:

Direct Auto: $318 per year, or about $27 per month.
State Farm: $337 per year, or about $28 per month.
Mississippi Farm Bureau: $482 per year, or about $40 per month.
Nationwide: $483 per year, or about $40 per month.
Travelers: $485 per year, or about $40 per month.

Cheapest auto insurance in Mississippi for 50-year-olds with poor credit

Drivers with poor credit in Mississippi can check with the following companies, which showed the lowest average rates for full coverage:

Direct Auto: $1,237 per year, or about $103 per month.
Safeway: $1,654 per year, or about $138 per month.
Progressive: $2,008 per year, or about $167 per month.
Travelers: $2,345 per year, or about $195 per month.
Shelter: $2,350 per year, or about $196 per month.

Cheapest auto insurance in Mississippi for 50-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Mississippi, here are the companies with the lowest average rates for minimum coverage:

State Farm: $380 per year, or about $32 per month.
Progressive: $539 per year, or about $45 per month.
Safeway: $587 per year, or about $49 per month.
Shelter: $610 per year, or about $51 per month.
Direct Auto: $610 per year, or about $51 per month.

Cheapest auto insurance in Mississippi for 50-year-old drivers with one at-fault crash

For drivers living in Mississippi with a recent accident, here are the insurers with the lowest average full coverage rates:

Progressive: $1,571 per year, or about $131 per month.
State Farm: $1,757 per year, or about $146 per month.
Travelers: $1,982 per year, or about $165 per month.
Safeway: $1,986 per year, or about $166 per month.
Mississippi Farm Bureau: $2,054 per year, or about $171 per month.

Cheapest auto insurance in Mississippi for 50-year-old drivers after a DUI

The cheapest auto insurance we found for drivers with a recent DUI comes from the following companies, listed with rates for full coverage.

Progressive: $1,291 per year, or about $108 per month.
State Farm: $2,009 per year, or about $167 per month.
Safeway: $2,129 per year, or about $177 per month.
Travelers: $2,188 per year, or about $182 per month.
Direct Auto: $2,494 per year, or about $208 per month.

Cheapest for 60-year-old drivers

Although 60-year-olds have cheaper car insurance rates than many other age groups on average, prices will start increasing as they get older. To find cheap car insurance for seniors, drivers in their 60s should make sure to shop around to find the best rate. Drivers in this age group should also take advantage of any available discounts for senior citizens.

Cheapest full coverage car insurance in Mississippi for 60-year-olds

Drivers in Mississippi with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

Progressive: $995 per year, or about $83 per month.
Direct Auto: $1,182 per year, or about $98 per month.
State Farm: $1,264 per year, or about $105 per month.
Shelter: $1,294 per year, or about $108 per month.
Travelers: $1,301 per year, or about $108 per month.

Cheapest minimum coverage car insurance in Mississippi for 60-year-olds

Drivers in Mississippi who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:

State Farm: $311 per year, or about $26 per month.
Direct Auto: $324 per year, or about $27 per month.
Mississippi Farm Bureau: $436 per year, or about $36 per month.
Travelers: $465 per year, or about $39 per month.
Nationwide: $478 per year, or about $40 per month.

Cheapest auto insurance in Mississippi for 60-year-olds with poor credit

Drivers with poor credit in Mississippi can look at the following companies with the lowest average rates for full coverage:

Direct Auto: $1,204 per year, or about $100 per month.
Safeway: $1,640 per year, or about $137 per month.
Progressive: $1,914 per year, or about $160 per month.
Travelers: $2,224 per year, or about $185 per month.
Shelter: $2,350 per year, or about $196 per month.

Cheapest auto insurance in Mississippi for 60-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Mississippi, here are the companies with the lowest average rates for minimum coverage:

State Farm: $352 per year, or about $29 per month.
Progressive: $531 per year, or about $44 per month.
Mississippi Farm Bureau: $606 per year, or about $51 per month.
Shelter: $610 per year, or about $51 per month.
Travelers: $615 per year, or about $51 per month.

Cheapest auto insurance in Mississippi for 60-year-old drivers with one at-fault crash

For drivers with a recent accident living in Mississippi, here are the companies with the lowest average rates for full coverage:

Progressive: $1,522 per year, or about $127 per month.
State Farm: $1,639 per year, or about $137 per month.
Mississippi Farm Bureau: $1,900 per year, or about $158 per month.
Travelers: $1,903 per year, or about $159 per month.
Safeway: $1,975 per year, or about $165 per month.

Cheapest auto insurance in Mississippi for 60-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.

Progressive: $1,244 per year, or about $104 per month.
State Farm: $1,874 per year, or about $156 per month.
Travelers: $2,105 per year, or about $175 per month.
Safeway: $2,116 per year, or about $176 per month.
Mississippi Farm Bureau: $2,381 per year, or about $198 per month.

Cheapest for 70-year-old drivers

Car insurance costs may start to rise for 70-year-old drivers. To find the cheapest possible coverage, shop around and compare quotes from multiple companies. Also, look for insurers that offer discounts for seniors. For example, some insurers offer discounts to senior drivers who take a defensive driving course.

Cheapest full coverage car insurance in Mississippi for 70-year-olds

Drivers in Mississippi with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

Progressive: $1,117 per year, or about $93 per month.
Direct Auto: $1,227 per year, or about $102 per month.
State Farm: $1,314 per year, or about $109 per month.
Shelter: $1,391 per year, or about $116 per month.
Travelers: $1,421 per year, or about $118 per month.

Cheapest minimum coverage car insurance in Mississippi for 70-year-olds

Drivers in Mississippi who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:

State Farm: $336 per year, or about $28 per month.
Direct Auto: $345 per year, or about $29 per month.
Mississippi Farm Bureau: $424 per year, or about $35 per month.
Nationwide: $507 per year, or about $42 per month.
Progressive: $528 per year, or about $44 per month.

Cheapest auto insurance in Mississippi for 70-year-olds with poor credit

Drivers with poor credit in Mississippi can look at the following companies with the lowest average rates for full coverage:

Direct Auto: $1,359 per year, or about $113 per month.
Safeway: $1,821 per year, or about $152 per month.
Progressive: $2,147 per year, or about $179 per month.
Mississippi Farm Bureau: $2,509 per year, or about $209 per month.
Shelter: $2,525 per year, or about $210 per month.

Cheapest auto insurance in Mississippi for 70-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Mississippi, here are the companies with the lowest average rates for minimum coverage:

State Farm: $380 per year, or about $32 per month.
Mississippi Farm Bureau: $589 per year, or about $49 per month.
Progressive: $611 per year, or about $51 per month.
Nationwide: $657 per year, or about $55 per month.
Shelter: $663 per year, or about $55 per month.

Cheapest auto insurance in Mississippi for 70-year-old drivers with one at-fault crash

For drivers with a recent accident living in Mississippi, here are the companies with the lowest average rates for full coverage:

State Farm: $1,712 per year, or about $143 per month.
Progressive: $1,759 per year, or about $147 per month.
Mississippi Farm Bureau: $1,847 per year, or about $154 per month.
Travelers: $2,134 per year, or about $178 per month.
Safeway: $2,198 per year, or about $183 per month.

Cheapest auto insurance in Mississippi for 70-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.

Progressive: $1,459 per year, or about $122 per month.
State Farm: $1,966 per year, or about $164 per month.
Mississippi Farm Bureau: $2,306 per year, or about $192 per month.
Safeway: $2,357 per year, or about $196 per month.
Travelers: $2,366 per year, or about $197 per month.

Cheapest car insurance for military families

If you're an active member of the military or a veteran — or have an immediate family member who is — chances are you'll get a relatively cheap rate with USAA, a company that isn't available to the general public.

Because of that restriction, USAA isn't ranked with the others, but it was among the cheapest three auto insurance options for 68 of the 70 driver profiles we examined.

» MORE: Best car insurance for veterans and military

Minimum car insurance requirements in Mississippi

Mississippi car insurance policies must include liability insurance. If you ever cause an accident, this coverage pays for others’ injuries or property damage, up to your insurance limit.

The minimum limits you can select are:

$25,000 bodily injury liability per person.
$50,000 bodily injury liability per accident.
$25,000 property damage liability per accident.

In lieu of car insurance, you may post a bond or make a cash or security deposit equal to the amounts above.

Most drivers can benefit from buying more than the legal minimum, as a crash could easily result in injury or repair bills higher than the amounts listed above. You may also want to consider common add-ons such as collision, comprehensive and uninsured motorist protection.

Check out NerdWallet’s guide to car insurance requirements by state for more help understanding coverage options for your Mississippi auto policy.

Alternative car insurance in Mississippi

Drivers who are unable to buy car insurance through the voluntary market — due to poor credit, DUIs or other factors — can get coverage through the Mississippi Automobile Insurance Plan.

For more help finding cheap car insurance in Mississippi, check out NerdWallet's car insurance comparison tool.

Methodology

For our “good driver” profile, NerdWallet averaged insurance estimates for single male and female drivers with good credit and no tickets or violations. The analysis included 5-10 of the largest insurance companies in each state; smaller insurers were also included when rates were available. Liberty Mutual and its subsidiaries were excluded from our analysis as rates were not available.

For full coverage policies, we used the following 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 coverage per person.
$300,000 uninsured motorist coverage per accident.
Collision coverage with a $1,000 deductible.
Comprehensive coverage with a $1,000 deductible.

In states where required, minimum additional coverages were added. Some policies include additional coverages at the insurer’s discretion.

We used a 2020 Toyota Camry L for all drivers and assumed 12,000 annual miles driven.

We analyzed rates for drivers 20 to 70 years old in ten-year increments. For the average cost of full and minimum coverage in each state, we looked at 35-year-old drivers.

We used the same assumptions for all other driver profiles, with the following exceptions:

For drivers with minimum coverage, we adjusted the numbers above to reflect the minimum required coverage by law in the state.
We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.
For drivers with one at-fault crash, we added a single at-fault crash that happened six months ago, resulting in $10,000 in property damage and no bodily injury claim.
For drivers with a DUI, we added a single drunken driving violation that happened six months ago.

We looked at 35-year-old drivers to find the cheapest company overall, the cheapest company for minimum coverage and the cheapest company for drivers with poor credit in states where credit history is used to price rates. We looked at 20-year-old drivers to find the cheapest company for young drivers.

These are rates generated through Quadrant Information Services. Your own rates will be different. Some insurance companies included in this article may have made changes in their underwriting practices and no longer issue new policies in your state.