Best Car Insurance in Mississippi for 2025 [Find the Top 10 Companies Here]

#9 – Travelers: Best for Unique Coverage

Pros

• Extensive Coverage Options: Travelers offers a wide range of insurance products, including business, renters, home, auto, and life insurance, making it a one-stop shop for many clients. Learn more by reading our review of Travelers.
• Opportunities for Discounts: Travelers offers several discounts, including multi-policy, safe driver, and hybrid car discounts, helping to reduce premium expenses.
• Strong Financial Stability: With an A++ financial rating from AM Best, Travelers demonstrates a strong ability to pay claims and maintain financial stability.
• Customizable Policies: Travelers provide options to tailor coverage to specific needs, ensuring customers only pay for what they require.

Cons

• Higher Premiums for Some Drivers: High-risk drivers or those with poor credit may face higher premiums compared to other insurers.
• Limited Young Driver Discounts: Travelers offer fewer discounts for young drivers compared to competitors like GEICO or Progressive.
• Customer Service Issues: Some customers report slow response times or difficulties in resolving issues promptly with Travelers’ customer service.

#10 – USAA: Best for Military Savings

Pros

• Exclusive to Military Members: USAA provides outstanding service and coverage alternatives for active-duty military personnel, veterans, and their families through specially designed policies that meet their particular requirements. Learn more in our USAA car insurance review.
• Competitive Rates: USAA is known for offering very affordable premiums, particularly to military families, making it a top choice for cost-conscious members.
• Wide-ranging Coverage Options: USAA provides a variety of insurance products, including health, life, renters, home, and auto insurance, allowing easy bundling and potential savings.
• Strong Financial Strength: With an A++ rating from AM Best, USAA has a solid financial standing, ensuring reliable claims management and support for its policyholders.

Cons

• Exclusivity: USAA is limited to military personnel, veterans, and their families, restricting access to the general public.
• Mixed Claims Experience: While many customers report positive experiences, there are occasional complaints of delays or issues in handling complex claims.
• Limitations of Online Tools: Some customers find USAA’s online tools and mobile apps less user-friendly compared to other leading insurers.

We have collected data from organizations such as the Insurance Information Institute (III), the National Association of Insurance Commissioners (NAIC), and the U.S. Census Bureau to help you get the most for your money when purchasing your best car insurance policy in Mississippi.

Keep scrolling to learn about the required coverage by law and the types of coverage offered at the best prices for the best car insurance in Mississippi.

Mississippi Car Insurance Monthly Rates by Provider & Coverage Level

Insurance Company	Minimum Coverage	Full Coverage
	$55	$147
	$45	$120
	$54	$145
	$27	$72
	$45	$119
	$36	$96
	$45	$120
	$31	$82
	$33	$88
	$20	$54

– Mississippi Car Insurance Monthly Rates by Provider & Coverage Level

Mississippi Car Culture

Taking a ride along the Natchez Trace Parkway makes it obvious why the Magnolia State is so popular to drivers and cyclists alike. The morning fog that drifts up between the trees and the quiet seclusion that the Parkway offers is a nice contrast to the hustle and bustle found on I-55 or I-20.

From the highway to the byway, the roads in Mississippi are laid back compared to most states, though. So laid back, in fact, that many people forget to use their blinkers at intersections and crossroads.

While this behavior is acceptable on dirt roads, it can cause major issues in Mississippi’s larger cities and towns.

Another issue is the number of large vehicles and trucks on Mississippi roads, making it difficult to see oncoming traffic when passing. That’s why it’s crucial to secure the best car insurance in Mississippi, ensuring you’re protected on the road in case of an accident.

Jacked-up pickup trucks aren’t just found on rural roads either. You can expect to see a muddied-up pickup truck throughout the state of Mississippi from Tishomingo to Jackson.

No matter your vehicle or destination in Mississippi, you are required to carry a minimum amount of car insurance coverage to meet the best car insurance in Mississippi requirements.

Take a look at how state minimum car insurance rates vary from state to state.

According to NOLO, all drivers in the Magnolia State are required to maintain the minimum coverage amounts:

• $25,000 bodily injury coverage for bodily injury and/or death of one person in an accident which is caused by the owner or driver of the vehicle.
• $50,000 bodily injury coverage for total bodily injury and/or death of all persons in an accident that is caused by the owner or driver of the vehicle.
• $25,000 for property damage per accident caused by the owner or driver of the insured vehicle.

NOLO also notes that :

Mississippi vehicle owners can also post a bond in these same amounts, or make an equivalent cash of secirity deposit at these minimums in order to demonstrate financial responsibility.

If you choose to ignore the law and drive without insurance, you could be subject to a misdemeanor conviction, a fine of up to $500, and a license suspension for up to one year. This is why it’s crucial to make sure you have the best car insurance in Mississippi to avoid these severe penalties and ensure you’re covered while on the road.

The Insurance Industry Committee on Motor Vehicle Administration (HCMVA), states that operating a vehicle requires agreeing to each state’s financial responsibility laws for drivers.

In Mississippi, these statutes require that drivers always have proof of insurance in their vehicles.

Mississippi statutes allow drivers to carry the following forms of financial responsibility (proof of insurance):

• A paper copy of your car insurance ID card is usually mailed to you or available to print through your car insurance provider’s website.

An e-insurance card can be accessed electronically as an image on a cell phone, tablet, or other electronic device.

• Proof of a Surety Bond in the same amount as the minimum liability requirements.
• A Self-Insurance Certificate informs the requesting party that you have made a cash or security deposit that is equal to the minimum state requirements for car insurance.

Surety Bonds and Self-Insurance Certificates are an unusual way to go about maintaining financial responsibility, which makes navigating the ins and outs of them difficult sometimes. However, If you seek alternatives to traditional insurance, consider these options to meet Mississippi’s legal standards and fulfill the best car insurance requirements.

One of the major differences is that Self-Insurance Certificates and Surety Bonds are issued by the state rather than a car insurance provider. These certificates must include the following information:

• The effective date of the certificate
• The name of the driver covered by the certificate
• The make and model of the covered vehicle certificate number
• The certificate number
• The name of the company that issued the bond
• The Bond number
• the name of the driver on the bond.

If you choose to go the more traditional route, then your paper insurance ID card and/or e-insurance card must have the following information on it:

• The name of the insurance company
• The policy number
• The effective dates
• the make, model, and VIN of the covered vehicle
• The name of the person(s) covered by the policy
• Insurance agent contact information

If you are ever in an accident or pulled over, you must produce these forms of financial responsibility upon request by law enforcement.

If you fail to show proper proof of insurance, you could be subject to:

• First violation, a $300 fine
• Second violation, a $400 fine
• Third violation, a $500 fine

Violations after the third one could result in your driver’s license suspension for up to a year.

Percentage of Income Spent on Insurance Premiums

Knowing what the state requires and how you can prove that you comply with the law is only part of what you need to know when purchasing car insurance. The most important part for most people is knowing how much they will spend in the process.

The typical Magnolia State resident spends around 3.05 percent of their annual disposable income on car insurance premiums.

With a per capita disposable income of $31,365 annually in Mississippi, residents spend an average of $83 per month on car insurance from a typical monthly budget of $2,614.

Car insurance rates have been slowly and steadily creeping up in Mississippi over the last few years, which is why it is so important to get the best car insurance in Mississippi price for your car insurance policy. By shopping around and comparing coverage options, you can find the best deal and ensure you’re not overpaying while staying compliant with state law.

These savings are crucial, as Mississippi’s car insurance costs slightly exceed the national average of $935.80, according to the Insurance Information Institute.

Residents of the Magnolia State are luckier than their neighbors in Louisiana, though. Residents there pay just over $1,300 for their car insurance premiums. Residents of Tennessee might boast that they are the luckiest of all, though, because, on average, residents there only pay around $856 a year in car insurance.

Mississippians know better, though. Nothing can replace the smell of fresh magnolia blooms drifting on the crisp spring air or the laid-back feeling that friends and neighbors have when sharing the road, especially with the best car insurance in Mississippi.

The beauty of magnolias and bragging rights over Louisiana aside, spending $995 a tear on average for car insurance could make you feel like you’re being treated like a red-headed stepchild.

You can avoid this by choosing the best car insurance in Mississippi, which will help you understand exactly which types of car insurance coverage are right for you.

Knowing what is required of you as a car owner in Mississippi can help you get the most for your money when shopping for the best car insurance. Understanding your options and their costs is key.

Rates in the table above reflect market prices for 2015, so rates for 2019 might be slightly higher. No matter how much rates fluctuate, shopping around and educating yourself on the best car insurance in Mississippi requirements can help you save money on coverage.

Like all good investments, doing background research can really pay off over the long haul. Understanding when and if you might need additional liability coverage on your vehicle can also pay big dividends.

While the Magnolia State may only require you to carry bodily injury liability coverage and property damage coverage, looking into additional coverage options is always a good idea. Some of the most popular options are:

• • Collision– This type of coverage can help pay to repair or replace your car if it is damaged in an accident.
  • Comprehensive– This coverage type protects you in case of an animal strike, natural disaster, or another total loss event.
  • MedPay- This will cover the medical payments of all passengers in a vehicle who are injured in an accident. This includes the ambulance ride and treatment.
  • Uninsured/Underinsured Motorist: This coverage protects you if you are in an accident with a driver who doesn’t carry liability insurance.

Personal Injury Protection—This type of coverage can help pay for lost wages and medical bills regardless of who is at fault in an accident.

When deciding on additional liability insurance types, consider the loss ratios of the companies you’re evaluating to ensure you’re choosing the best car insurance in Mississippi. Below are the loss ratio trends for Mississippi as a whole, which can give you an indication of how the best car insurance in the Mississippi market is doing on the whole. By understanding these trends, you can make a more informed decision and choose a provider that offers financial stability while meeting your coverage needs.

The table above, based on data from the National Association of Insurance Commissioners (NAIC), shows that while improvements are possible, the best car insurance in the Mississippi market is doing well.                 ,

How can you tell as a consumer? Before you buy into the market, you can understand what the loss ratio means to you.

The loss ratio works as follows:

• A High Loss Ratio (over 100 percent) indicates that the companies are losing money because they are paying out too many claims for the amount of premium they collected and that rate increases could occur in the future
• A Low Loss Ratio indicates that companies may have underestimated the number of claims received or that their auto policies are overpriced.

Putting this into context using the loss ratios for the Magnolia State means that because they are all below 100 percent but not below 50 percent, the market is stable. This stability could help you if you ever need to file a claim.

Keep reading to learn what else you can do to protect yourself and yours should you be involved in an accident with another driver, regardless of whether they have the best car insurance in Mississippi.

Add-Ons and Endorsements for the Best Car Insurance in Mississippi

Now that you know what the state requires and what additional types of liability coverage are available to you in the Magnolia State, it is time to start thinking about how to cater your policy to your lifestyle. This is where add-ons and endorsements come in.

Understanding what each type of add-on or endorsement is and how each protects you in case of an accident can help you decide which ones are right for you.

Typical add-ons and endorsements include:

• Guaranteed Auto Protection (GAP)–If your car is ever totaled or stolen, GAP will pay any money that remains owed on the lease or loan.
• Personal Umbrella Policy (PUP)–When your underlying liability limits have been reached, PUP kicks in to help protect you from lawsuits that may result from an auto accident.
• Rental Reimbursement–Should you ever need to leave your car in the shop, rental reimbursement will help you pay the costs of renting a car until your repairs are finished.
• Emergency Roadside Assistance–This is just what it sounds like. If your car breaks down or you have a flat emergency, roadside assistance will be there for you to pay for roadside repairs or a tow if necessary.
• Mechanical Breakdown Insurance helps pay for the cost of repairs to your car that did not result from an accident.
• Non-Owner Car Insurance: Don’t own a car but still drive on occasion? This type of coverage is perfect for you because it provides limited liability coverage even if your car isn’t registered to you.
• Modified Car Insurance Coverage–If a basic model isn’t your style, then modified car insurance should be. This type of insurance covers most modifications made to your vehicle that may not be covered by your general policy should you be involved in an accident.
• Classic Car Insurance–Just like a classic car, it needs special attention when it comes to its care and maintenance, and it also needs a special kind of insurance. Classic Car Insurance coverage helps ensure that if something happens to the baby, you both will be well protected. This type of insurance typically costs less as well since classic cars are generally not driven as much as their contemporary counterparts.
• Pay-as-you-drive or Usage-Based Insurance: This type of coverage is based on how you drive. The insurance provider considers your speed, distance traveled, and other factors and issues discounts based on that information.

Not all the best car insurance providers in Mississippi will offer all of these options, so be sure to ask your independent agent about the ones that you want before signing on the dotted line.

The type of car you drive, the modifications you have made to it, and whether or not you trust your mechanic skills in a roadside emergency are not the only things you should think about when looking for the best car insurance in Mississippi.

Sometimes, just being who you are can cost you a few dollars more on our rates if you don’t shop around.

In 2017, the Consumer Federation of America conducted an interesting study on the difference in price that men and women pay for car insurance.

What they found was:

That 40-year-old women were most likely to be charged more than men, and 60-year-old women were also penalized more often, facing higher premiums than their male counterparts in 58% of the instances in which companies used a driver’s sex to alter coverage rates.

Gender isn’t the only factor that can impact your rates, either. Sometimes, just saying “I do” can raise or lower your rates, as can having another birthday.

The table reveals that Mississippi treats men and women equally when setting their car insurance rates, even though no specific laws require that car insurance companies forego using this factor as a determinant.

That’s just Southern Hospitality for ya, then.

No matter how polite Mississippians are, you are still going to pay more if you are a teen driver, though.

You might also be asked to pay more depending on the neighborhood that you call home.

Cheapest Auto Insurance Rates by Zip Code for the Best Car Insurance in Mississippi

There is no denying that Southerners are some of the most neighborly people you will ever come across. Residents of Mississippi are no different, which is why having the best car insurance in Mississippi is not just about protecting yourself—it’s about protecting your fellow drivers and community members. A solid car insurance policy from the best car insurance in Mississippi helps keep the roads safer for everyone, whether you’re on a quiet country road or in a bustling city.

Always there to lend a helping hand, sit tea on the porch with you, or share the latest recipe for Mississippi Mud Pie, you can always count on your neighbors to be warm and welcoming in the Magnolia State.

Sometimes, what they do behind the wheel could end up costing you when it comes time to buy car insurance, though.

Take a look at the table below to see how much.

Looking at the neighborhoods that surround the state’s capital, Jackson illustrates how just moving a few blocks in one direction or the other could impact your car insurance rate.

A search of the zip codes that make up Jackson and its suburbs reveals that residents of Bradie pay around $60 more than their neighbors who reside in New Bryam.

Your neighborhood isn’t the only thing that could impact your rates, though. Keep scrolling to see how the town you call home can cost you too.

Best Car Insurance Companies in Mississippi

Most Southerners love their hometowns, and Mississippi residents are no exception. From the Dudie Burger Festival in Tupelo to the Pecan Festival in Beaumont, residents of the Magnolia State love to celebrate hometown traditions.

Mississippians also love saving money, so it is a good idea to know what the carriers in your favorite neck of the woods are charging for car insurance. This is especially true when searching for the best car insurance in Mississippi to get the best value without sacrificing coverage. That’s where we can help. Take a look at the table below to see what the going rate is in the city that you love, and start making informed decisions for your auto insurance needs.