If you’re new to the state or simply searching for cheaper auto insurance rates, make sure you get the right policy. The Mississippi Car Insurance Calculator can help determine how much coverage is necessary and what your monthly payments will be. Plus, it shows you what different providers charge for similar policies in your area so that you can select which option offers the most cost-effective price tag.
Minimum Coverage Requirement for Drivers in Mississippi
In order to legally drive in Mississippi, you must have insurance that pays for any injuries or property damage you cause others as a result of a collision. This includes bodily injury liability (BIL) and property damage liability (PDL). On average, policies meeting Mississippi’s minimum requirements cost around $403 annually on average.
Add on uninsured motorist protection, comprehensive and collision coverage to get more coverage for less money. You may also choose to increase your deductible in order to lower premiums.
Young Drivers in Mississippi Can Expect to Save on Car Insurance
On average, young drivers in Mississippi pay significantly less for car insurance compared to their national peers, with an overall average rate of $108 a month after getting a speeding ticket. Furthermore, WalletHub has discovered that many companies provide discounts specifically tailored towards teen drivers.
Farm Bureau offers an average discount of 69% for 18-year-olds after receiving a speeding ticket. Furthermore, the company provides discounts for taking driver education courses beyond what is legally required.
A high credit score can save you money on car insurance in Mississippi, as auto insurers are allowed to consider a person’s credit history when setting their rates. You can check your score free at annualcreditreport.com and usually find ways to improve it.
Young Drivers in Mississippi Should Take Advantage of Discounts
The most cost-effective way to find car insurance for new drivers is to shop around. Companies often give discounts based on factors like having a clean driving record and credit history. With these tips in mind, young drivers can find great rates on coverage.
Discounts may be available when applying for your policy or can be added later, so make sure to inquire about them when shopping around. Furthermore, some cars older than 15 years may qualify for discounts as well.
When comparing quotes, look for those that include coverage options like roadside assistance and rental reimbursement. These are an excellent way to safeguard yourself in case of an accident where you don’t have access to a vehicle, or if your car is involved in one.
Our tool allows you to compare insurance companies based on a variety of important criteria, such as customer service ratings and ratings for specific policy features like theft protection or collision coverage. Furthermore, you can compare car insurance by zip code to find which providers offer the most affordable rates near you.