Planning a move to Mississippi? Whether you’re relocating to the state or shopping for a new policy to switch up your coverage, you deserve to work with the best car insurance companies in Mississippi.
In this article, we at the MarketWatch Guides team give you a thorough look at a handful of the most dependable and affordable car insurance providers in the Magnolia State.
Key Takeaways:
– Progressive is the best choice for drivers in Mississippi, including those with a recent speeding ticket or accident.
– Southern Farm Bureau offers affordable rates for teen drivers in the state.
– In Mississippi, the average cost of full-coverage car insurance is $1,658 per year or $138 per month, and $453 per year or $38 per month for state-minimum liability coverage.
– Mississippi auto insurance is cheaper than the national average rates of $2,008 per year for full coverage or $627 per year for liability insurance.
Best Car Mississippi Car Insurance
When choosing the best car insurance companies in each state, we use a variety of factors to evaluate and compare different providers. In addition to comparing rates provided by Quadrant Information Services, we evaluate customer reviews, industry rating scores, coverage options, available discounts and benefits from each company.
Mississippi Car Insurance Companies
We think Progressive offers the best coverage for most drivers in Mississippi. However, policies from National General, USAA, Nationwide, and Southern Farm Bureau may have competitive offers.
Our research team considers nationwide factors when rating providers. The ranking order of providers in this table is specific to car insurance in Mississippi.
Best Car Insurance in Mississippi
Our National Score
Reputation
Availability
Coverage
Cost
Customer Experience
5. Southern Farm Bureau
8.8
8.6
7.3
9.2
9.2
8.5
Mississippi Car Insurance Customer Experience
We factor in a variety of elements when evaluating the customer experience an insurance company provides. We look at ratings, scores, and frequent themes among customer reviews. We also examine each company’s industry reputation and scores in various consumer studies, including in-house surveys and J.D. Power’s 2023 U.S. Auto Insurance Study℠, which shows customer satisfaction with car insurance companies by U.S. region.
Best Car Insurance Companies in Mississippi
Below, we’ll go into detail about the benefits and drawbacks of working with each of the best insurance companies in Mississippi. You’ll also find information on each company’s coverages, industry reputation, and customer reviews.
Progressive: Best for Most Mississippi Drivers
J.D. Power score: 836/1,000
AM Best financial strength rating: A+
Better Business Bureau (BBB) rating: A
Progressive offers a dependable lineup of standard coverages that carry affordable rates for most drivers in Mississippi. The company also offers some unique add-on coverages and a usage-based driving program so you can get custom coverage for the right price.
Pros:
– Strong industry reputation
– Low car insurance premiums for Mississippi drivers
Cons:
– Mixed customer service ratings
Coverage
Progressive offers an impressive coverage selection, including the standard types of car insurance associated with full-coverage policies, which include:
– Liability insurance
– Comprehensive coverage
– Collision coverage
– MedPay
– PIP insurance
– UM/UIM
Add-on coverages available from Progressive include:
– Roadside assistance
– Rental car reimbursement
– Custom parts and equipment value
– Rideshare insurance
Progressive offers a usage-based insurance (UBI) program called Snapshot® that adjusts your rates based on safe driving habits and how often you drive. Drivers receive a discount for participating, but it may result in increased rates for those the app considers high-risk drivers, like those who speed, brake hard, or drive often late at night.
Reputation
Progressive doesn’t have the best customer satisfaction scores in industry surveys and often comes in under or just above averages in J.D. Power studies. Like most large insurance companies, Progressive’s review scores are also low on average, with just 1.1 out of 5 stars on the BBB. However, low scores like these are common among large insurance providers and may reflect experiences with Progressive’s other insurance products.
We contacted Progressive for a comment on its BBB score, but have not yet received a response.
National General: Affordable Minimum Coverage
J.D. Power score: 812/1,000
AM Best financial strength rating: A+
BBB rating: A-
National General is a solid choice for Mississippi drivers looking for cheap liability insurance that doesn’t skimp on coverage. With its usage-based program, DynamicDrive, policyholders can earn great discounts at renewal as a reward for safe driving habits. National General also offers the most affordable full-coverage car insurance in Mississippi for drivers with poor credit.
Pros:
– Superior financial strength rating
– Low minimum-coverage rates in Mississippi
– Affordable policies for drivers with poor credit
Cons:
– Mixed customer satisfaction scores
Coverage
National General doesn’t offer a lot of add-on coverages, so expect to find standard minimum- and full-coverage car insurance when you reach out to the provider with quotes.
Standard insurance offerings include:
– Liability insurance
– Comprehensive coverage
– Collision coverage
– MedPay
– PIP insurance
– UM/UIM
Reputation
National General isn’t as well known as some of the larger insurance companies on this list. However, the company still has a solid industry reputation with high ratings from both AM Best and BBB. However, in J.D. Power’s most recent Auto Insurance Study, National General is rated 27 points below industry average for the Southeast region of the U.S. (where Mississippi is located and counted toward the J.D. Power score).
USAA: Best for Military Members
J.D. Power score: 876/1,000*
AM Best financial strength rating: A++
BBB rating: Not rated
If you’re a current or retired military member (or the immediate family member of one), USAA offers the cheapest car insurance in Mississippi. USAA consistently pulls in high customer satisfaction scores in industry studies, though the company is often excluded from rankings because its products are only available for service members and their families. The company also offers new car replacement and accident forgiveness.
Pros:
– Excellent customer service reputation
– Cheapest option for qualifying drivers in Mississippi
– Offers new car replacement for select vehicles
Cons:
– Limited driver eligibility
Coverage
USAA currently offers the following types of car insurance coverages:
– Liability coverage
– Collision coverage
– Comprehensive coverage
– Personal injury protection
– Uninsured/underinsured motorist coverage
USAA also offers a UBI driving program called SafePilot®. The SafePilot program uses an app to track driving habits and provides useful information about driving trends. If you practice safe driving habits, you could save as much as 30% off the cost of car insurance.
Reputation
USAA has some of the highest customer satisfaction scores in several J.D. Power auto insurance studies. In the Auto Insurance Study, it has the highest score in the Southeast region, even though it’s not ranked with the other companies.*
Customer feedback on USAA varies, and reviews on BBB give USAA a score of 1.2 out of 5 stars. However, scores like these are common among large insurance companies and may not provide an accurate picture of USAA coverage or service quality. We gave USAA the opportunity to provide a comment on these ratings, but we’ve yet to receive a response.
*USAA is excluded from J.D. Power rankings because the provider doesn’t meet study eligibility criteria.
Nationwide: Great Choice for Teen Drivers
J.D. Power score: 834/1,000
AM Best financial strength rating: A
BBB rating: A+
When we rated and reviewed dozens of insurance providers, Nationwide ranked in our top five because of its affordable policies, well-rounded coverage selection, and positive customer feedback. In Mississippi, Nationwide offers some of the most affordable rates for teen drivers. It’s also a good choice for drivers with a recent speeding ticket. Nationwide offers standard and add-on coverages with vanishing deductibles for well-qualified drivers.
Pros:
– Strong industry reputation
– Low rates for teen drivers in Mississippi
– Offers accident forgiveness
Cons:
– Rates may be higher for some drivers
Coverage
You can get the state minimum car insurance requirements from Nationwide. You’ll also find the following add-ons:
– Roadside assistance
– Rental car reimbursement
– Accident forgiveness
– Vanishing deductible
Reputation
Nationwide doesn’t have the best scores in J.D. Power’s Auto Insurance Study, coming in just below the regional average of 839 out of 1,000 points. However, compared to other large insurance providers, Nationwide has a low number of complaints on its BBB profile.
Southern Farm Bureau: Superior Local Coverage
J.D. Power score: Not rated
AM Best financial strength rating: A
BBB rating: A+
As part of Farm Bureau, Southern Farm Bureau extends the company’s reputation for solid customer service and dependable coverages. Southern Farm Bureau offers affordable coverage for teen drivers in Mississippi, and customers gain access to a statewide network of locally focused insurance agents. Standout coverages from Southern Farm Bureau include new car replacement and rideshare insurance.
Pros:
– Positive industry reputation
– Low rates for teen drivers
Coverage
You can purchase standard liability insurance from Southern Farm Bureau, as well as comprehensive and collision policies. Add-on or optional coverages include:
– New car replacement
– Rideshare insurance
– Trip interruption coverage
– Rental car reimbursement
– Roadside assistance
– DriveDown UBI program
Reputation
Southern Farm Bureau has high ratings from both AM Best and BBB, indicating that it’s consistent with Farm Bureau’s trend of dependable coverage and claims service. While the company’s customer review score on BBB is just 1 out of 5 stars, this score includes very few reviews and doesn’t accurately reflect the quality of Southern Farm Bureau’s services.
How To Find the Best Car Insurance in Mississippi
When you compare car insurance quotes, it helps to know what you’re buying. Below, we’ll break down the minimum amount of coverage you’ll need when driving in Mississippi, plus other factors to consider when shopping for car insurance.
Make Sure You Have Enough Coverage
The minimum requirements for insurance coverage in the state of Mississippi include:
– $25,000 per person and $50,000 per accident in bodily injury liability coverage
– $25,000 per accident in property damage liability coverage
These coverage limits are standard for many states. However, these protections only apply to other people or vehicles with which you may be involved in an accident. Personal injury protection for your injuries, collision coverage for repairs to your vehicle, and coverage for other types of vehicle damage like vandalism or theft are all part of a full-coverage policy.
Don’t Sign Up After the First Quote
If you have a bad credit score or at-fault accident, speeding ticket, or DUI in your driving history, you may feel that you’re stuck with whatever rates an insurance company offers you. If you compare quotes from multiple providers, however, you may find that some providers offer lower rates or even better coverage for drivers with a similar profile. Always compare quotes from several providers before committing to a car insurance policy.
How Much Is Car Insurance in Mississippi?
Drivers in Mississippi pay an average of $1,658 per year or $138 per month for full coverage. If you’re considering minimum coverage, expect to pay around $453 annually or $38 monthly on average for this type of policy. These rates are between 17 and 28% lower than the national average for similar coverages.
Mississippi Car Insurance Costs by City
The amount you’ll actually pay for your car insurance coverage in Mississippi will vary based on several factors, including where in the state you call home. To show how these factors can impact your rates, we’ll list some of the most popular places to live in the Magnolia State.
Some of these cities are the most populated places to live in Mississippi. Despite the increase in traffic, every city in our table boasts affordable coverage. In fact, the most expensive quote below is nearly $500 cheaper than the national average for similar policies.
City
Monthly Rate
Annual Rate
Biloxi
$121
$1,454
Brandon
$121
$1,458
Clinton
$125
$1,495
Columbus
$111
$1,337
Greenville
$119
$1,429
Gulfport
$124
$1,491
Hattiesburg
$119
$1,427
Horn Lake
$117
$1,410
Jackson
$131
$1,569
Madison
$121
$1,452
Meridian
$117
$1,406
Oxford
$112
$1,350
Olive Branch
$117
$1,405
Pascagoula
$118
$1,418
Pearl
$122
$1,460
Ridgeland
$122
$1,468
Southaven
$116
$1,393
Starkville
$103
$1,239
Tupelo
$105
$1,256
Vicksburg
$125
$1,495
*Car insurance averages by city are based on quotes we received in 2022.
Car Insurance Discounts in Mississippi
Even with the low car insurance rates typical in Mississippi, you may find you need to lower your car insurance rates. To get cheap car insurance with the coverage you need, keep an eye out for car insurance discount opportunities like the ones below.
Policy Bundling
If you already have life insurance or home insurance with a company, consider asking for a quote for auto insurance as well. Many providers offer discounts for bundling different types of insurance policies into one multipurpose policy.
Multi-Vehicle Discount
If you’re in a two-car household or need to add another vehicle to your policy, you may be eligible for a multi-vehicle discount. Insuring more than one car on the same policy sometimes qualifies you for discounted rates, provided both drivers maintain a clean driving record.
Good Student Discount
Young drivers pay some of the highest insurance rates of any demographic behind the wheel. Reputable insurance companies help ease the financial burden on teen drivers, their guardians, and young adult drivers. One of the ways these companies accomplish this is by offering discounts for students that maintain good grades. Restrictions and limitations apply in most cases, so ask your insurance provider about eligibility requirements.
Safe Driving Discounts
If you practice safe driving and avoid accidents, your insurance provider may offer you a discounted policy as a reward. Additionally, some popular insurance companies like Progressive offer usage-based car insurance programs. These programs can pair with mobile apps or other devices to track driving habits over time. If you’re a safe driver, you could save big.
Best Mississippi Car Insurance: The Bottom Line
If you’re looking for the best car insurance company in Mississippi, consider kicking off your search with a quote from Progressive. Not only are the company’s policies affordable for most drivers in the state, Progressive also offers usage-based coverage and a large number of potential discounts.
However, Progressive isn’t one-size-fits-all. To make sure you’re vetting all your options, consider getting quotes from National General, USAA, Nationwide, and Southern Farm Bureau.
Best Auto Insurance in Mississippi: FAQ
Here are some frequently asked questions about the best car insurance in Mississippi:
How much is car insurance in Mississippi?
Based on quotes we received from providers in Mississippi, you can expect to pay an average of $1,658 per year or $138 per month for full-coverage car insurance.
What is the best car insurance company in Mississippi?
Based on quotes, coverage reviews, and industry studies, we feel Progressive offers the most comprehensive selection of affordable coverage for different drivers in Mississippi.
Is State Farm good insurance in Mississippi?
Although State Farm isn’t one of our top picks for Mississippi car insurance, it’s still a reputable insurance company nationally and may offer some drivers select rate advantages.
What car insurance do you need in Mississippi?
You need a minimum of 25/50/25 bodily injury and property damage liability to be road-legal in Mississippi.
Is Mississippi a no-fault state?
No. Mississippi is an at-fault state, meaning the at-fault party files a claim with their insurance policy to address damages.
Our Methodology
Because consumers rely on us to provide objective and accurate information, we created a comprehensive rating system to formulate our rankings of the best car insurance companies. We collected data on dozens of auto insurance providers to grade the companies on a wide range of ranking factors. The end result was an overall rating for each provider, with the insurers that scored the most points topping the list.
Here are the factors our ratings take into account:
– Industry standing (20% of total score): Our research team considered market share, ratings from industry experts, and years in business when giving this score.
– Availability (10% of total score): Auto insurance companies with greater state availability and few eligibility requirements scored highest in this category.
– Coverage (30% of total score): Companies that offer a variety of choices for insurance coverage are more likely to meet consumer needs.
– Cost and discounts (25% of total score): Auto insurance rate estimates generated by Quadrant Information Services and discount opportunities were both taken into consideration.
– Customer experience (15% of total score): This score is based on the volume of complaints reported by the NAIC and customer satisfaction ratings reported by J.D. Power. We also considered the responsiveness, friendliness, and helpfulness of each insurance company’s customer service team based on our own shopper analysis.
Our credentials:
– 800 hours researched
– 45 companies reviewed
– 8,500+ consumers surveyed
*Data accurate at the time of publication.
In conclusion, when looking for the best car insurance in Mississippi, it’s essential to consider factors such as coverage options, cost, discounts, and customer experience. By comparing quotes from top providers like Progressive, National General, USAA, Nationwide, and Southern Farm Bureau, you can find the right coverage for your needs and budget in the Magnolia State.