Cheap Car Insurance in Mississippi for 2024
Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
Table of Contents
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 Direct Auto at $1,313 per year on average, or $109 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 $1,804 per year, or about $150 per month.
Did your rates go up? Auto insurance prices are on the rise in Mississippi. Be sure to get car insurance quotes from three or more companies to find the lowest rate possible.
Minimum coverage in Mississippi is $476 per year on average, but we found you can likely get a cheaper policy. For example, Direct Auto offers the cheapest rates in Mississippi at $295 per year, on average, for minimum coverage car insurance for a 35-year-old driver with a clean driving record.
See what you could save on car insurance
Easily compare personalized rates to see how much switching car insurance could save you.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 2021 Toyota Camry LE. 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.
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:
- Mississippi Farm Bureau: $2,472 per year, or about $206 per month.
- Direct Auto: $2,935 per year, or about $245 per month.
- Shelter: $3,174 per year, or about $265 per month.
- Geico: $3,485 per year, or about $290 per month.
- Safeway: $3,552 per year, or about $296 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: $597 per year, or about $50 per month.
- Mississippi Farm Bureau: $856 per year, or about $71 per month.
- State Farm: $859 per year, or about $72 per month.
- Geico: $939 per year, or about $78 per month.
- Travelers: $941 per year, or about $78 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: $710 per year, or about $59 per month.
- Safeway: $1,036 per year, or about $86 per month.
- Travelers: $1,136 per year, or about $95 per month.
- Geico: $1,213 per year, or about $101 per month.
- Mississippi Farm Bureau: $1,477 per year, or about $123 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:
- State Farm: $969 per year, or about $81 per month.
- Direct Auto: $1,017 per year, or about $85 per month.
- Travelers: $1,042 per year, or about $87 per month.
- Geico: $1,094 per year, or about $91 per month.
- Progressive: $1,097 per year, or about $91 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:
- Travelers: $1,043 per year, or about $87 per month.
- Shelter: $1,111 per year, or about $93 per month.
- State Farm: $1,165 per year, or about $97 per month.
- Mississippi Farm Bureau: $1,180 per year, or about $98 per month.
- Progressive: $1,192 per year, or about $99 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: $1,108 per year, or about $92 per month.
- Travelers: $1,193 per year, or about $99 per month.
- Direct Auto: $1,257 per year, or about $105 per month.
- State Farm: $1,373 per year, or about $114 per month.
- Safeway: $1,434 per year, or about $120 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:
- Direct Auto: $1,427 per year, or about $119 per month.
- Travelers: $1,513 per year, or about $126 per month.
- Geico: $1,637 per year, or about $136 per month.
- Mississippi Farm Bureau: $1,673 per year, or about $139 per month.
- State Farm: $1,799 per year, or about $150 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: $317 per year, or about $26 per month.
- Direct Auto: $318 per year, or about $26 per month.
- Geico: $364 per year, or about $30 per month.
- Travelers: $404 per year, or about $34 per month.
- Mississippi Farm Bureau: $453 per year, or about $38 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: $1,950 per year, or about $163 per month.
- Geico: $2,112 per year, or about $176 per month.
- Travelers: $2,624 per year, or about $219 per month.
- Safeway: $2,626 per year, or about $219 per month.
- Mississippi Farm Bureau: $2,874 per year, or about $239 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: $358 per year, or about $30 per month.
- Travelers: $465 per year, or about $39 per month.
- Geico: $511 per year, or about $43 per month.
- Direct Auto: $554 per year, or about $46 per month.
- Shelter: $580 per year, or about $48 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:
- Travelers: $1,840 per year, or about $153 per month.
- Shelter: $1,896 per year, or about $158 per month.
- Mississippi Farm Bureau: $2,153 per year, or about $179 per month.
- State Farm: $2,309 per year, or about $192 per month.
- Direct Auto: $2,832 per year, or about $236 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.
- Travelers: $2,052 per year, or about $171 per month.
- Progressive: $2,440 per year, or about $203 per month.
- State Farm: $2,580 per year, or about $215 per month.
- Shelter: $2,650 per year, or about $221 per month.
- Mississippi Farm Bureau: $2,696 per year, or about $225 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:
- Direct Auto: $1,241 per year, or about $103 per month.
- Travelers: $1,407 per year, or about $117 per month.
- Shelter: $1,518 per year, or about $127 per month.
- Mississippi Farm Bureau: $1,543 per year, or about $129 per month.
- Geico: $1,588 per year, or about $132 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: $281 per year, or about $23 per month.
- State Farm: $322 per year, or about $27 per month.
- Geico: $348 per year, or about $29 per month.
- Travelers: $386 per year, or about $32 per month.
- Mississippi Farm Bureau: $410 per year, or about $34 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: $1,690 per year, or about $141 per month.
- Geico: $2,049 per year, or about $171 per month.
- Safeway: $2,228 per year, or about $186 per month.
- Travelers: $2,353 per year, or about $196 per month.
- Mississippi Farm Bureau: $2,648 per year, or about $221 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: $363 per year, or about $30 per month.
- Travelers: $459 per year, or about $38 per month.
- Shelter: $478 per year, or about $40 per month.
- Direct Auto: $488 per year, or about $41 per month.
- Geico: $489 per year, or about $41 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:
- Shelter: $1,613 per year, or about $134 per month.
- Travelers: $1,741 per year, or about $145 per month.
- Mississippi Farm Bureau: $1,970 per year, or about $164 per month.
- State Farm: $2,233 per year, or about $186 per month.
- Direct Auto: $2,458 per year, or about $205 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.
- Travelers: $1,942 per year, or about $162 per month.
- Progressive: $2,201 per year, or about $183 per month.
- Shelter: $2,234 per year, or about $186 per month.
- Mississippi Farm Bureau: $2,441 per year, or about $203 per month.
- State Farm: $2,518 per year, or about $210 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:
- Direct Auto: $1,142 per year, or about $95 per month.
- Shelter: $1,324 per year, or about $110 per month.
- Travelers: $1,336 per year, or about $111 per month.
- Mississippi Farm Bureau: $1,490 per year, or about $124 per month.
- Geico: $1,666 per year, or about $139 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: $268 per year, or about $22 per month.
- State Farm: $317 per year, or about $26 per month.
- Geico: $358 per year, or about $30 per month.
- Shelter: $360 per year, or about $30 per month.
- Travelers: $377 per year, or about $31 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: $1,564 per year, or about $130 per month.
- Safeway: $1,950 per year, or about $163 per month.
- Geico: $2,149 per year, or about $179 per month.
- Travelers: $2,203 per year, or about $184 per month.
- Mississippi Farm Bureau: $2,555 per year, or about $213 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: $358 per year, or about $30 per month.
- Shelter: $409 per year, or about $34 per month.
- Travelers: $443 per year, or about $37 per month.
- Geico: $497 per year, or about $41 per month.
- Direct Auto: $503 per year, or about $42 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:
- Shelter: $1,435 per year, or about $120 per month.
- Travelers: $1,666 per year, or about $139 per month.
- Mississippi Farm Bureau: $1,901 per year, or about $158 per month.
- State Farm: $2,178 per year, or about $181 per month.
- Safeway: $2,332 per year, or about $194 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.
- Travelers: $1,899 per year, or about $158 per month.
- Shelter: $1,980 per year, or about $165 per month.
- Progressive: $2,074 per year, or about $173 per month.
- Direct Auto: $2,336 per year, or about $195 per month.
- Mississippi Farm Bureau: $2,337 per year, or about $195 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:
- Direct Auto: $1,107 per year, or about $92 per month.
- Shelter: $1,289 per year, or about $107 per month.
- Travelers: $1,309 per year, or about $109 per month.
- Mississippi Farm Bureau: $1,394 per year, or about $116 per month.
- Progressive: $1,588 per year, or about $132 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:
- Direct Auto: $269 per year, or about $22 per month.
- State Farm: $294 per year, or about $24 per month.
- Shelter: $345 per year, or about $29 per month.
- Mississippi Farm Bureau: $364 per year, or about $30 per month.
- Geico: $377 per year, or about $31 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: $1,506 per year, or about $126 per month.
- Safeway: $1,888 per year, or about $157 per month.
- Geico: $2,192 per year, or about $183 per month.
- Travelers: $2,200 per year, or about $183 per month.
- Mississippi Farm Bureau: $2,388 per year, or about $199 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: $331 per year, or about $28 per month.
- Shelter: $393 per year, or about $33 per month.
- Travelers: $457 per year, or about $38 per month.
- Mississippi Farm Bureau: $499 per year, or about $42 per month.
- Direct Auto: $509 per year, or about $42 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:
- Shelter: $1,394 per year, or about $116 per month.
- Travelers: $1,633 per year, or about $136 per month.
- Mississippi Farm Bureau: $1,770 per year, or about $148 per month.
- State Farm: $2,041 per year, or about $170 per month.
- Safeway: $2,276 per year, or about $190 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.
- Travelers: $1,877 per year, or about $156 per month.
- Shelter: $1,921 per year, or about $160 per month.
- Progressive: $1,927 per year, or about $161 per month.
- Mississippi Farm Bureau: $2,152 per year, or about $179 per month.
- Direct Auto: $2,263 per year, or about $189 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:
- Direct Auto: $1,142 per year, or about $95 per month.
- Mississippi Farm Bureau: $1,363 per year, or about $114 per month.
- Shelter: $1,400 per year, or about $117 per month.
- Travelers: $1,430 per year, or about $119 per month.
- State Farm: $1,655 per year, or about $138 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:
- Direct Auto: $285 per year, or about $24 per month.
- State Farm: $317 per year, or about $26 per month.
- Mississippi Farm Bureau: $359 per year, or about $30 per month.
- Shelter: $390 per year, or about $33 per month.
- Travelers: $448 per year, or about $37 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: $1,688 per year, or about $141 per month.
- Safeway: $2,161 per year, or about $180 per month.
- Mississippi Farm Bureau: $2,334 per year, or about $194 per month.
- Travelers: $2,459 per year, or about $205 per month.
- Geico: $2,610 per year, or about $218 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: $358 per year, or about $30 per month.
- Shelter: $443 per year, or about $37 per month.
- Mississippi Farm Bureau: $491 per year, or about $41 per month.
- Travelers: $543 per year, or about $45 per month.
- Direct Auto: $544 per year, or about $45 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:
- Shelter: $1,523 per year, or about $127 per month.
- Mississippi Farm Bureau: $1,724 per year, or about $144 per month.
- Travelers: $1,842 per year, or about $154 per month.
- State Farm: $2,126 per year, or about $177 per month.
- Direct Auto: $2,470 per year, or about $206 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.
- Mississippi Farm Bureau: $2,094 per year, or about $175 per month.
- Shelter: $2,104 per year, or about $175 per month.
- Travelers: $2,147 per year, or about $179 per month.
- Progressive: $2,215 per year, or about $185 per month.
- Direct Auto: $2,336 per year, or about $195 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 61 of the 70 driver profiles we examined.
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.
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 2021 Toyota Camry LE 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.
On a similar note...
