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Best Cheap Car Insurance in Mississippi for 2021

Jan. 25, 2021
Auto Insurance, Insurance
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Shopping around is crucial if you want cheap car insurance in Mississippi. Insurance prices can swing dramatically from one insurer to the next for seemingly no reason, and vary depending on factors such as your age, credit and history of accidents.

To help Mississippi drivers find competitive deals, NerdWallet researched rates from 17 insurers in the state and found the lowest rates for several types of drivers.

Cheapest for 20-year-old drivers in Mississippi

Drivers in their 20s may have to get a lot of quotes to find 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 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:

  1. Mississippi Farm Bureau: $1,952 per year.
  2. State Farm: $2,647 per year.
  3. Shelter: $3,691 per year.
  4. Progressive: $3,765 per year.
  5. Alfa: $4,033 per year.

Cheapest minimum coverage 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:

  1. Mississippi Farm Bureau: $733 per year.
  2. State Farm: $854 per year.
  3. Progressive: $1,105 per year.
  4. Allstate: $1,212 per year.
  5. Alfa: $1,253 per year.

Cheapest coverage for 20-year-olds with poor credit in Mississippi

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

  1. Mississippi Farm Bureau: $1,275 per year.
  2. Safeway: $1,356 per year.
  3. Allstate: $1,383 per year.
  4. State Farm: $1,854 per year.
  5. Progressive: $1,889 per year.

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

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

  1. Mississippi Farm Bureau: $1,015 per year.
  2. State Farm: $1,164 per year.
  3. Progressive: $1,405 per year.
  4. Alfa: $1,479 per year.
  5. Allstate: $1,513 per year.

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

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

  1. Progressive: $1,339 per year.
  2. State Farm: $1,401 per year.
  3. Allstate: $1,488 per year.
  4. Mississippi Farm Bureau: $1,583 per year.
  5. Alfa: $1,792 per year.

Cheapest for 30-year-old drivers in Mississippi

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 in Mississippi for 30-year-olds

Drivers in Mississippi with clean driving records may get the lowest rates from these companies:

  1. Mississippi Farm Bureau: $1,276 per year.
  2. State Farm: $1,386 per year.
  3. Progressive: $1,799 per year.
  4. Alfa: $1,979 per year.
  5. Shelter: $2,113 per year.

Cheapest minimum coverage 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:

  1. State Farm: $375 per year.
  2. Mississippi Farm Bureau: $377 per year.
  3. Progressive: $502 per year.
  4. Safeway: $577 per year.
  5. Alfa: $578 per year.

Cheapest coverage for 30-year-olds with poor credit in Mississippi

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

  1. Mississippi Farm Bureau: $2,221 per year.
  2. State Farm: $2,725 per year.
  3. Alfa: $2,766 per year.
  4. Allstate: $3,131 per year.
  5. Progressive: $3,212 per year.

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

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

  1. Mississippi Farm Bureau: $1,662 per year.
  2. State Farm: $1,804 per year.
  3. Alfa: $2,216 per year.
  4. Progressive: $2,940 per year.
  5. Allstate: $3,144 per year.

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

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

  1. State Farm: $2,070 per year.
  2. Progressive: $2,281 per year.
  3. Mississippi Farm Bureau: $2,326 per year.
  4. Alfa: $2,543 per year.
  5. Allstate: $3,151 per year.

Cheapest for 40-year-old drivers in Mississippi

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 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:

  1. Mississippi Farm Bureau: $1,168 per year.
  2. State Farm: $1,358 per year.
  3. Shelter: $1,691 per year.
  4. Progressive: $1,714 per year.
  5. Alfa: $1,979 per year.

Cheapest minimum coverage 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:

  1. Mississippi Farm Bureau: $338 per year.
  2. State Farm: $378 per year.
  3. Progressive: $482 per year.
  4. Safeway: $548 per year.
  5. Alfa: $578 per year.

Cheapest coverage for 40-year-olds with poor credit in Mississippi

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

  1. Mississippi Farm Bureau: $2,033 per year.
  2. State Farm: $2,665 per year.
  3. Alfa: $2,766 per year.
  4. Shelter: $3,067 per year.
  5. Progressive: $3,087 per year.

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

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

  1. Mississippi Farm Bureau: $1,512 per year.
  2. State Farm: $1,769 per year.
  3. Alfa: $2,216 per year.
  4. Progressive: $2,834 per year.
  5. Allstate: $3,144 per year.

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

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

  1. State Farm: $2,030 per year.
  2. Mississippi Farm Bureau: $2,092 per year.
  3. Progressive: $2,194 per year.
  4. Alfa: $2,543 per year.
  5. Allstate: $3,151 per year.

Cheapest for 50-year-old drivers in Mississippi

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 the best cheap car insurance companies is a good place to start.

Cheapest full coverage 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:

  1. Mississippi Farm Bureau: $1,126 per year.
  2. State Farm: $1,327 per year.
  3. Shelter: $1,432 per year.
  4. Progressive: $1,537 per year.
  5. Alfa: $1,825 per year.

Cheapest minimum coverage 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:

  1. Mississippi Farm Bureau: $332 per year.
  2. State Farm: $375 per year.
  3. Progressive: $444 per year.
  4. Safeway: $484 per year.
  5. Alfa: $530 per year.

Cheapest coverage for 50-year-olds with poor credit in Mississippi

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

  1. Mississippi Farm Bureau: $1,960 per year.
  2. Alfa: $2,541 per year.
  3. Shelter: $2,597 per year.
  4. State Farm: $2,597 per year.
  5. Progressive: $2,776 per year.

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

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

  1. Mississippi Farm Bureau: $1,455 per year.
  2. State Farm: $1,730 per year.
  3. Alfa: $2,040 per year.
  4. Progressive: $2,734 per year.
  5. Allstate: $2,857 per year.

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

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

  1. State Farm: $1,988 per year.
  2. Mississippi Farm Bureau: $2,003 per year.
  3. Progressive: $2,042 per year.
  4. Alfa: $2,339 per year.
  5. Allstate: $2,868 per year.

Cheapest for 65-year-old drivers in Mississippi

Although 65-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 auto insurance for seniors, drivers in their mid-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 in Mississippi for 65-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:

  1. Mississippi Farm Bureau: $1,015 per year.
  2. State Farm: $1,249 per year.
  3. Shelter: $1,432 per year.
  4. Progressive: $1,556 per year.
  5. MetLife: $1,642 per year.

Cheapest minimum coverage in Mississippi for 65-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:

  1. Mississippi Farm Bureau: $287 per year.
  2. State Farm: $356 per year.
  3. Progressive: $463 per year.
  4. Safeway: $519 per year.
  5. Alfa: $530 per year.

Cheapest coverage for 65-year-olds with poor credit in Mississippi

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

  1. Mississippi Farm Bureau: $1,767 per year.
  2. State Farm: $2,426 per year.
  3. Alfa: $2,541 per year.
  4. Shelter: $2,597 per year.
  5. Progressive: $2,789 per year.

Cheapest for 65-year-old drivers with one at-fault crash in Mississippi

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

  1. Mississippi Farm Bureau: $1,301 per year.
  2. State Farm: $1,628 per year.
  3. Alfa: $2,040 per year.
  4. Allstate: $2,906 per year.
  5. Shelter: $2,908 per year.

Cheapest insurance for 65-year-old drivers after a DUI in Mississippi

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

  1. Mississippi Farm Bureau: $1,763 per year.
  2. State Farm: $1,872 per year.
  3. Progressive: $2,226 per year.
  4. Alfa: $2,339 per year.
  5. Allstate: $2,909 per year.

Cheapest 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 39 of the 40 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.

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 from an average of 14 insurers in each state and Washington, D.C., 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 2018 Toyota Camry L for all drivers and assumed 12,000 annual miles driven.
  • We analyzed rates for drivers 20 to 80 years old in five-year increments.

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 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.

These are rates generated through Quadrant Information Services. Your own rates will be different.