The typical value of insurance coverage in Mississippi is $492 per 12 months for minimal protection and $1,782 for full protection, in response to Bankrate’s 2021 research of quoted annual premiums. Nevertheless, this quantity can change dramatically, relying in your age, the service you select and your driving file – amongst different issues. Mississippi has over 2 million licensed drivers, and each pays a special quantity for premiums based mostly on their very own private components.
How a lot does automotive insurance coverage value in Mississippi?
There are a variety of things thought of to find out Mississippi automotive insurance coverage charges. Not solely are age, metropolis, service and protection choices all weighed, however your driving file, gender, marital standing and credit score rating additionally affect the value you pay.
Drivers in Mississippi pay a mean of $492 a 12 months for a minimal protection coverage, and $1,782 per 12 months when you go for full protection. The typical value of insurance coverage in the USA for a full protection coverage is $1,674, which makes Mississippi about six % larger. One purpose for this total improve could also be on account of Mississippi rating the best within the nation for variety of uninsured drivers, in response to the Insurance coverage Info Institute, with round 29% of drivers in Mississippi driving uninsured.
Mississippi automotive insurance coverage charges by firm
The service you select makes a giant distinction not solely on your protection choices for auto insurance coverage, but additionally the charges you pay. To find out the very best automotive insurance coverage firm for drivers in Mississippi, it’s important to match a number of firms, for each charges and options.
| Automotive insurance coverage firm | Common annual premium for minimal protection | Common annual premium for full protection |
|---|---|---|
| Alfa | $656 | $2,389 |
| Allstate | $715 | $2,607 |
| MetLife | $557 | $2,305 |
| Progressive | $519 | $1,591 |
| Protected Auto | $573 | $2,284 |
| Safeway | $549 | $2,191 |
| Shelter | $665 | $1,939 |
| Southern Farm Bureau | $368 | $1,333 |
| State Farm | $337 | $1,318 |
| USAA | $301 | $1,109 |
Mississippi automotive insurance coverage charges by metropolis
The place you reside within the state has a significant influence on the quantity you pay for premiums. Bankrate examined the charges among the many Prime 20 cities based mostly on inhabitants, and located will increase as excessive as 11%. Then again, some cities have been as much as 12% much less for premiums, merely based mostly on location.
| Metropolis | Common annual premium for full protection | % improve from state common annual premium |
|---|---|---|
| Jackson | $1,976 | 11% |
| Gulfport | $1,855 | 4% |
| Brandon | $1,791 | 1% |
| Meridian | $1,712 | -4% |
| Hattiesburg | $1,713 | -4% |
| Biloxi | $1,835 | 3% |
| Southaven | $1,795 | 1% |
| Columbus | $1,673 | -6% |
| Vicksburg | $1,816 | 2% |
| Olive Department | $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 | 8% |
| Lucedale | $1,729 | -3% |
| Horn Lake | $1,819 | 2% |
Mississippi automotive insurance coverage charges by age
Age is a significant component in the case of the common value of automotive insurance coverage in Mississippi. Not surprisingly, youthful drivers pay probably the most, particularly round age 18, after they have seemingly began coming off a guardian’s coverage.
*16-year-old calculated on guardian’s coverage disclosure; 18- and 20-year-old are renters
Mississippi automotive insurance coverage charges by driving file
You may anticipate your automotive insurance coverage charges in Mississippi to extend when you have a blemish in your file, reminiscent of a ticket, accident or DUI. Of the three, an accident was discovered to trigger the best improve in premiums.
| Driving incident | Common annual full protection premium in Mississippi | % improve of common annual premium |
|---|---|---|
| Rushing ticket | $2,065 | 16% |
| Accident | $2,477 | 39% |
| DUI | $2,734 | 35% |
The right way to save on automotive insurance coverage in Mississippi
Whereas automotive insurance coverage charges in Mississippi could also be larger than what different drivers pay throughout the nation, it’s nonetheless attainable to avoid wasting on premiums with reductions. Drivers might discover a discount in premiums by making the most of reductions, reminiscent of:
- Protected driver: Ask the service if it provides a telematics program, the place your driving habits are monitored by way of bluetooth or a tool. In case your driving meets sure requirements, you could be eligible for added reductions.
- Multi-policy: If you are going to buy a owners or renters insurance coverage coverage from a service, ask concerning the low cost to bundle your auto insurance coverage too, since it is a vital approach to save in your coverage.
- Claims-free: The longer you go with out making a declare in your coverage then you could qualify for a claims-free low cost from the service.
- Navy: Virtually all carriers provide reductions to members of the army or veterans, whether or not energetic or retired, or as a member of the Nationwide Guard or Reserves.
Often requested questions
How a lot automotive insurance coverage do I would like?
Along with assembly state minimal necessities, including extra protection to your coverage will assist restrict your out of pocket prices for legal responsibility, property and car injury. Insurance coverage consultants advocate you buy the utmost quantity of protection you may afford, which can embody optionally available coverages reminiscent of collision, complete, medical funds and uninsured motorist.
Can I change auto insurance coverage at any time?
Sure, you should buy an auto insurance coverage coverage at any time with a brand new service, and also you do not need to attend till your coverage is up for renewal. Nevertheless, one vital level to bear in mind is you do not need to cancel your previous coverage till your new one is formally in place. This prevents an absence of protection if you are switching and ensures you’re coated whereas out on the highway.
Methodology
Bankrate makes use of Quadrant Info Companies to investigate 2021 charges for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted charges are based mostly on a 40-year-old female and male driver with a clear driving file, good credit score and the next full protection limits:
- $100,000 bodily harm legal responsibility per particular person
- $300,000 bodily harm legal responsibility per accident
- $50,000 property injury legal responsibility per accident
- $100,000 uninsured motorist bodily harm per particular person
- $300,000 uninsured motorist bodily harm per accident
- $500 collision deductible
- $500 complete deductible
To find out minimal protection limits, Bankrate used minimal coverages that meet every state’s necessities. Our base profile drivers personal a 2019 Toyota Camry, commute 5 days every week and drive 12,000 miles yearly.
These are pattern charges and may solely be used for comparative functions.
Age: Charges have been calculated by evaluating our base profile with the ages 18-60 (base: 40 years) utilized. Relying on age, drivers could also be a renter or home-owner.
Incident: Charges have been calculated by evaluating our base profile with the next incidents utilized: clear file (base), at-fault accident, single dashing ticket, single DUI conviction and lapse in protection.
