The average insurance cost in Mississippi is $ 492 per year for minimum coverage and $ 1,782 for full coverage, according to Bankrate’s 2021 study of reported annual premiums. However, this number can change dramatically depending on age, chosen carrier and ticket – among other things. Mississippi has over 2 million licensed drivers and each pays a different amount of awards based on their personal factors.
How much does car insurance cost in Mississippi?
There are a number of factors that should be considered in determining Mississippi auto insurance rates. Not only are age, city, airline, and insurance options weighed, but your driving license, gender, marital status, and creditworthiness all influence the price you pay.
Drivers in Mississippi pay an average of $ 492 per year for a minimum insurance policy and $ 1,782 per year if you choose full coverage. The average insurance cost in the United States for a fully comprehensive policy is $ 1,674, making Mississippi about six percent higher. One reason for this overall increase could be that Mississippi ranks highest in the country for the number of uninsured drivers, according to the Insurance Information Institute, with about 29% of drivers in Mississippi driving uninsured.
Mississippi auto insurance rates by company
The carrier you choose makes a huge difference not only to your auto insurance coverage options, but also to the prices you pay. To determine the best auto insurance for drivers in Mississippi, it is important to compare multiple companies for both tariffs and features.
| Car insurance | Average annual premium for minimum coverage | Average annual premium for fully comprehensive insurance |
|---|---|---|
| Alfa | $ 656 | $ 2,389 $ 2nd |
| Allstate | $ 715 | $ 2,607 |
| MetLife | $ 557 | $ 2,305 |
| Progressive | $ 519 | $ 1,591 |
| Safe car | $ 573 | $ 2,284 |
| Safeway | $ 549 | $ 2,191 |
| protection | $ 665 | $ 1,939 |
| Southern farm office | $ 368 | $ 1,333 |
| District farm | $ 337 | $ 1,318 |
| USAA | $ 301 | $ 1,109 |
Mississippi auto insurance rates by city
Where you live in the state has a major impact on the size of the premiums. Bankrate looked at rates among the top 20 cities based on population and found an increase of up to 11%. On the other hand, there were up to 12% fewer premiums in some cities due to the location alone.
| city | Average annual premium for fully comprehensive insurance | % Increase compared to the state average annual contribution |
|---|---|---|
| Jackson | $ 1,976 | 11% |
| Golfport | $ 1,855 | 4% |
| Brandon | $ 1,791 | 1% |
| meridian | $ 1,712 | -4% |
| Hattiesburg | $ 1,713 | -4% |
| Bioxy | $ 1,835 | 3% |
| Southaven | $ 1,795 | 1% |
| Columbus | $ 1,673 | -6% |
| Vicksburg | $ 1,816 | 2% |
| olive branch | $ 1,792 | 1% |
| Tupelo | $ 1,649 | -7% |
| laurel | $ 1,656 | -7% |
| Greenville | $ 1,779 | 0% |
| Starkville | $ 1,567 | -12% |
| Oxford | $ 1,682 | -6% |
| pearl | $ 1,831 | 3% |
| Madison | $ 1,766 | -1% |
| Natchez | $ 1,927 | 8th% |
| Lucedale | $ 1,729 | -3% |
| Hornsee | $ 1,819 | 2% |
Mississippi auto insurance rates by age
Age is a big factor when it comes to the average cost of auto insurance in Mississippi. Unsurprisingly, younger drivers pay the most, especially around the age of 18 when they’re likely to have started abandoning a parent’s policy.
* 16 year olds, calculated based on parent policy disclosure; 18- and 20-year-olds are tenants
Mississippi auto insurance rates by driver’s license
You can expect your Mississippi auto insurance rates to rise if you have a blemish on your record such as: B. a ticket, an accident or a DUI. Of the three, an accident caused the highest premium increase.
| Driving accident | Average Mississippi Annual Fully Comprehensive Premium | % Increase in the average annual premium |
|---|---|---|
| Traffic ticket | $ 2,065 | 16% |
| accident | $ 2,477 | 39% |
| DUI | $ 2,734 $ 2nd | 35% |
How To Save On Mississippi Auto Insurance
While Mississippi auto insurance rates may be higher than those paid by other motorists across the country, it is still possible to save on premiums with discounts. Motorists can reduce the premiums by taking advantage of discounts such as:
- Safe driver: Ask the wireless service provider whether they offer a telematics program that monitors your driving behavior via Bluetooth or a device. If your driving behavior meets certain standards, you may be eligible for additional discounts.
- Multi-politics: When you get home or tenant insurance from a freight forwarder, ask about the discount to bundle your auto insurance as well as this is a significant way to save on your policy.
- Complaint-free: The longer you do not claim your policy, then you may be eligible for a no-claims discount from the carrier.
- Military: Almost all airlines offer discounts to members of the military or veterans, whether active or retired, or as members of the National Guard or the Reserve.
frequently asked Questions
How Much Car Insurance Do I Need?
In addition to meeting government minimum requirements, adding extra coverage to your policy will help limit your own expenses for liability, property, and vehicle damage. Insurance experts recommend that you purchase the maximum amount of coverage you can afford, which can include optional covers such as collision, fully comprehensive, medical payments, and uninsured motorists.
Can I change car insurance at any time?
Yes, you can always take out car insurance with a new carrier and you don’t have to wait for your policy to be renewed. One important point, however, is that you don’t want to cancel your old policy until your new one is officially in effect. This prevents a lack of coverage when switching and ensures that you are covered on the go.
methodology
Bankrate uses Quadrant Information Services to analyze 2021 rates for all zip codes and airlines in all 50 states and Washington, DC Coverage Limits:
- $ 100,000 personal injury liability per person
- $ 300,000 liability per accident
- $ 50,000 property damage liability per accident
- $ 100,000 personal injury from an uninsured motorist per person
- $ 300,000 personal injury to an uninsured driver per accident
- $ 500 deductible in case of collision
- $ 500 deductible
To set the minimum coverage limits, Bankrate used minimum coverage that meets the requirements of each state. Our Basic Profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles a year.
These are sample rates and should only be used for comparison purposes.
Age: The rates were calculated by evaluating our base profile with the age groups 18-60 (base: 40 years) used. Depending on their age, drivers can be renters or homeowners.
Incident: The rates were calculated by evaluating our base profile using the following incidents: clean record (base), fault accident, single speeding, single DUI conviction, and expiry of cover.
source https://collegeeducationnewsllc.com/average-cost-of-car-insurance-in-mississippi-for-2021-bankrate/
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