Finding the appropriate Mississippi car insurance requires taking several factors into account. While you should compare rates, shop around, owning and driving record can all impact rates; using our car insurance calculator you can get an idea of your rate before contacting providers directly.
Mississippi drivers tend to pay higher-than-average premiums for car insurance due to a combination of factors. High minimum liability limits combined with mandatory comprehensive and collision coverage can add up quickly; additionally, Mississippi’s sparse population results in more accidents per person than in other states.
Bankrate’s insurance editorial team conducted research with Quadrant Information Services’ data in order to gauge how much drivers in each state spend on auto insurance premiums annually, with minimum coverage costing an average of $500 annually and full coverage topping out at $2,095.
Cost of car insurance varies considerably among insurers for similar coverage amounts, due to insurers taking different rating factors into consideration when creating policies. To help you understand how they impact your rates, we’ve created our Mississippi Car Insurance Calculator as an estimate of what your premium might be based on some basic information about yourself, your driving record, and car ownership – then watch as rates vary between providers!
Insurify’s car insurance calculator helps Mississippians understand what their minimum coverage cost should be. While not a replacement for an official quote, this gives an accurate snapshot of rates in their area.
Addition of teen drivers will increase your rates significantly. According to Insurify’s rate calculator, average annual costs for families in Mississippi who add teen drivers is more than twice that of similar households without them.
Your age also plays a huge role in your rates, with younger drivers paying higher premiums. MoneyGeek found that for drivers 40 years or older in Mississippi, the cheapest car insurance option costs over 2.5x less than for 19-20 year-old drivers.
Mississippi requires minimum coverage levels of $100,000 for bodily injury and $50,000 for property damage. While these minimum requirements should serve as the starting point, you may wish to consider increasing or adding protection such as collision and comprehensive.