Average Cost of Car Insurance in Mississippi for 2024

The average cost of car insurance in Mississippi is $1,771 annually for full coverage and $446 per year for minimum coverage. This is around 14 percent lower than the U.S. national average cost of auto insurance for full coverage, which is $2,014.

Although the Magnolia State doesn’t mandate uninsured/underinsured motorist coverage, you should consider adding that to your policy because it has one of the highest rates of uninsured motorists in the country (22.2 percent). Read on to find out more about auto insurance in Mississippi.

By City

In Mississippi, as in other states, where you live plays a role in how much you pay for car insurance. That’s because the larger the city, the more traffic there is, which can translate into more auto accidents. Here are 10 of the largest cities in Mississippi with the average cost of car insurance. For example, auto insurance in Tupelo, the least expensive of these localities, is 19 percent less than it is in Jackson, the most expensive city.

By Age

Throughout the United States, teenagers pay more than any other age bracket for car insurance. The U.S. average annual cost for auto insurance for teens is $4,545, while motorists in their 20s and older pay an average $1,429 per year. Keep in mind that Mississippi law mandates teen drivers age 16 and 17 must be on the auto insurance policy of their parents or legal guardians. You also should take advantage of discounts for teen drivers to save on your premium for this age group.

Mississippi does have many options for drivers looking for the cheapest car insurance option. If you cannot purchase auto insurance through traditional companies because of a DUI, bad credit, or other factors, you can get covered through the Mississippi Automobile Insurance Plan.²

Even though as a resident of Mississippi you generally will pay less than drivers living in other states, you should explore ways to save on your auto insurance.

• Ask about discounts. Bundling your auto insurance with a homeowners or renters policy from the same carrier can net you savings on your policy. Other popular discounts include safe driver, multi-policy, and good student. Carriers often offer members of the military, both active and retired, discounts on policies.
• Raise your credit score. Since insurers can consider your credit rating when underwriting, the higher your score, the lower your premium will be.
• Keep a clean driving record. The fewer infractions on your record, the less you’ll pay for auto insurance.
• Get more than one quote. Call multiple companies to see which offer the best rate with the most discounts.
• Drive a less expensive vehicle. High-end vehicles, such as luxury and electric vehicles, can be more costly to fix after an accident, so switching to a different vehicle should lower your cost.

The state requires bodily injury liability and property damage liability:

• Bodily injury liability per accident involving one person: $25,000
• Bodily injury liability per accident involving two or more people: $50,000
• Property damage liability: $25,000

Mississippi is an at-fault state, meaning the driver who caused the accident is responsible for the other party’s medical expenses and property damage. Also, Mississippi has pure comparative negligence laws, which means if you and the other driver share responsibility for the accident, the costs are divided according to fault. For example, if you are 70 percent responsible for the accident, you could still recover 30 percent of the damages from the other party.

The state requires an SR-22 if your license is suspended or you’re convicted of a serious traffic violation, such as a DUI, reckless driving, or hit-and-run. Mississippi law mandates you must maintain your SR-22 for three years after you’re allowed to drive again. Usually, your insurance provider will file the SR-22 on your behalf for a fee of approximately $20. However, you will pay more for car insurance because of your SR-22.

Being a resident of the Magnolia State means you’ll pay some of the lowest premiums for car insurance in the country. But because Mississippi is an at-fault state, you should have more than the minimum auto insurance to ensure adequate protection for you and your vehicles. AutoInsurance.com will help you find the best carriers at the best price.

With more than 20 years of experience helping drivers find insurance providers, AutoInsurance.com has collected proprietary data on the auto insurance industry. We take a close look at this data about providers and customers, plus state-specific information, to bring you a bird’s-eye view of the average cost of car insurance in this state.