What is the average cost of Auto Insurance in Mississippi

What is the average cost of Auto Insurance in Mississippi?

The typical expense for comprehensive car insurance in Mississippi averages $1,434 annually or $120 monthly.

Drivers in Mississippi typically spend approximately 17% less than the national average, which sits at $1,730 annually.

An image illustration of What is the average cost of Auto Insurance in Mississippi
What is the average cost of Auto Insurance in Mississippi
Source: (Freepik)

Cost of Mississippi Car Insurance by City

The expense of car insurance in Mississippi varies across cities, typically being lower in rural regions.

However, if you reside in more urbanized areas such as the state capital or near the Gulf, you can anticipate paying closer to the state average for insurance premiums.

City in Mississippi | Approximate Monthly Cost | Approximate Annual Cost

City in Mississippi Estimated Monthly Cost Estimated Annual Cost
Starkville $104 $1,247
Tupelo $111 $1,334
Columbus $118 $1,422
Laurel $121 $1,451
Hernando $122 $1,461
Greenville $122 $1,465
Oxford $122 $1,468
Meridian $124 $1,493
Hattiesburg $125 $1,497
Gautier $125 $1,504
Ridgeland $127 $1,525
Southaven $127 $1,525
Olive Branch $127 $1,528
Madison $128 $1,539
Brandon $129 $1,553
Pearl $131 $1,568
Horn Lake $131 $1,576
Long Beach $131 $1,577
Biloxi $133 $1,598
Ocean Springs $133 $1,598
Clinton $135 $1,615
Gulfport $135 $1,617
Vicksburg $138 $1,655
Pascagoula $140 $1,675
Jackson $145 $1,739

Mississippi Car Insurance Cost by Age

The cost of car insurance in Mississippi is heavily influenced by age.

Below are approximations for typical car insurance premiums in Mississippi categorized by age:

Age Estimated Monthly Cost Estimated Annual Cost
16 $483 $5,791
17 $437 $5,248
18 $374 $4,484
19 $271 $3,252
21 $200 $2,399
25 $147 $1,769
30 $131 $1,575
40 $122 $1,463
50 $111 $1,336
55 $109 $1,309
65 $112 $1,342
75 $134 $1,611

Factors That Affect Car Insurance Costs in Mississippi

Various elements influence the cost of car insurance in Mississippi.

Your driving record predominantly determines the rate you’ll pay.

Additionally, insurers take into account factors such as:

  • Geographic location
  • Type of vehicle
  • Age, gender, and marital status
  • Credit history

To secure affordable auto insurance in Mississippi, it’s advisable to compare quotes from several providers.

Mississippi Car Insurance Requirements

In Mississippi, drivers must adhere to certain insurance requirements.

They are mandated to acquire liability insurance with minimum coverage limits of 25/50/25.

This necessitates purchasing:

  • Bodily injury liability: $25,000 per person and $50,000 per accident
  • Property damage liability: $25,000 per accident

While not legally obligated, many drivers opt for additional coverage beyond these minimums.

Common choices include:

  • Comprehensive coverage
  • Collision coverage
  • Liability coverage
  • Medical payments coverage
  • Uninsured motorist protection coverage

Is It Against the Law to Go Without Car Insurance in Mississippi?

Motorists in Mississippi who cannot provide evidence of car insurance face an initial fine of $1,000.

Additionally, they risk having their driving privileges suspended for either one year or until they furnish proof of insurance.

An image illustration of The Average cost of Auto Insurance in Mississippi
The average cost of Auto Insurance in Mississippi
Source: (Freepik)

How to Obtain Car Insurance in Mississippi

USAA, State Farm, National General, and Mississippi Farm Bureau Insurance are among the top providers of car insurance in Mississippi.

Evaluating insurance rates from these companies can assist you in securing cost-effective coverage for both you and your vehicle.

Wrap Up

The average cost of auto insurance in Mississippi varies depending on several factors such as location, age, driving history, and the type of coverage chosen.

On average, Mississippians pay around $1,434 per year or $120 per month for full coverage car insurance, which is approximately 17% lower than the national average.

However, insurance costs can fluctuate significantly across different cities and age groups.

Drivers need to shop around and compare quotes from multiple providers to find the most suitable and affordable coverage for their needs.

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