Best car insurance companies in Mississippi: Travelers

Travelers, Nationwide, State Farm, and Geico are among the best auto insurance companies in Mississippi for all drivers, based on an analysis by Insurance.com.

Below are the top Mississippi auto insurance companies based on price, NAIC complaint ratio, and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.

Best car insurance in Mississippi
CompanyAM BestAvg. Annual PremiumJ.D. PowerNAICInsurance.com score
TravelersA++$1,6368510.493.38
NationwideA+$1,3318180.643.27
State FarmA++$1,7978070.73.26
GeicoA++$2,2108470.912.87
ProgressiveA+$2,1318280.652.84
AllstateA+$2,5278160.652.64
Shelter InsuranceA$2,4698511.182.6

Data refreshed as of May 2024
Read our full methodology

Cheapest car insurance companies in Mississippi: Nationwide

We have gathered price quotes from all the major insurance providers in Mississippi and put together a list of the cheapest car insurance companies. Based on a rate analysis by Insurance.com, Nationwide offers the cheapest full-coverage car insurance in Mississippi, with average rates of $1,331 annually or $111 a month. If you’re eligible, you can save even more at USAA.

Don't just go with the first insurer you come across. Comparison shopping is the key when it comes to finding the best deal on auto insurance. Get quotes from several different insurers and compare their rates. You may be surprised at how much difference there can be in rates from one company to another.

Cheapest car insurance in Mississippi
Company State minimum liability50/100/50 liability100/300/100 liability with $500  deductible
USAA*$283$422$1,320
Nationwide$429$563$1,331
Travelers$457$632$1,636
State Farm$355$517$1,797
Southern Farm Bureau$383$540$1,933
Progressive$346$564$2,131
Geico$388$622$2,210
Shelter Insurance$821$939$2,469
Allstate$691$895$2,527
Safeway Insurance$492$691$2,946

*USAA offers car insurance only to military veterans and their families.

Data refreshed as of May 2024
Read our full methodology

Average cost of car insurance in Mississippi

The average cost of car insurance in Mississippi is $2,008 a year for a full coverage policy with a coverage level of 100/300/100 for a driver age 40, according to a rate analysis by Insurance.com. For the state minimum coverage, the average annual cost in Mississippi is $463.

Auto insurance calculator

Average auto insurance rates in Mississippi
30
16 17 18 19 20 21 22 23 24 25 30 35 40 45 50 55 60 65 70 75
Male
Male Female
39096 - Alcorn State University
For a 30-year-old male
$40 State minimum
$205 Full coverage
$62 Liability only

Most & least expensive ZIP codes for auto insurance in Mississippi

Most Expensive

Zip CodeCityHighest Rate
39086Hermanville$211
39144Pattison$209
39150Port Gibson$207
39096Alcorn State University$205

Least Expensive

Zip CodeCityLowest Rate
39743Crawford$158
39736Artesia$159
39702Columbus$161
39701Columbus$161
Data refreshed as of May 2024
Read our full methodology

Mississippi car insurance requirements

You need car insurance with minimum coverage levels of 25/50/25 in Mississippi, which costs $464 each year or $39 each month.

Minimum liability insurance requirements for Mississippi:

  • Bodily injury liability (BI): $25,000 per person and $50,000 for accident
  • Property damage liability (PD): $25,000 per person

Cheapest car insurance companies for minimum liability coverage in Mississippi

According to Insurance.com, Progressive has the cheapest state minimum liability coverage, at $342 per year or $29 each month. USAA offers cheaper rates but is available only to military veterans and their families. 

Here are the most affordable car insurance companies for state minimum coverage in Mississippi.

State minimum auto insurance coverage in Mississippi, MS
Company Liability insurance premiumMonthly liability insurance premium
USAA*$283$24
Progressive$342$29
State Farm$355$30
Geico$384$32
Southern Farm Bureau$393$33
Nationwide$429$36
Travelers$466$39
Safeway Insurance$557$46
Allstate$677$56
Shelter Insurance$821$68

*USAA offers coverage only to military veterans and their family

Data refreshed as of May 2024
Read our full methodology

Cheapest car insurance cost in Mississippi by age

Southern Farm Bureau
Cheapest for teens
$3,637/yr
Learn more
company_name
Cheapest for adults
$1,331/yr
Learn more
company_name
Cheapest for seniors
$1,245/yr
Learn more

In Mississippi, car insurance rates are higher for teenagers as they are more prone to accidents due to their lack of experience on the road.

Southern Farm Bureau offers the cheapest car insurance for teen drivers in Mississippi at $3,637 per year for a full coverage policy.

Car insurance rates will decrease as teens age and keep a good driving record. Car insurance rates for adults 25+ and seniors 60+ are lower than those for teens and young adults. 

In Mississippi, Nationwide offers the cheapest full coverage car insurance for adult drivers (25-55 year-olds) and senior drivers (60-75 year-olds) at $1,331 per year and $1,245 per year, respectively.

Compare car insurance rates by age

Select your age group and age below to see the insurance company and its
average annual and average monthly premium rates.

Age group
Teen
Age
16
Table
Graph
Southern Farm Bureau$4,122$344
Nationwide$4,780$398
State Farm$5,708$476
USAA$6,468$539
Travelers$6,874$573
Shelter Insurance$7,417$618
Geico$8,672$723
Progressive$10,398$867
Allstate$13,003$1,084
Safeway Insurance$15,334$1,278
Yearly premium

USAA offers car insurance only to military members, veterans and their families.

Data refreshed as of May 2024
Read our full methodology

Cheapest car insurance companies in Mississippi by driver profile

company_name
Cheapest for at-fault accident
$2,088/yr
Learn more
company_name
Cheapest for DUI
$1,927/yr
Learn more
company_name
Cheapest for speeding ticket
$1,927/yr
Learn more

Drivers who have accidents or tickets are considered a higher risk and will pay more for car insurance. 

However, the severity and frequency of these incidents also play a role in insurance rates. For instance, drivers with a single minor accident will see a smaller increase in their rates compared to those with multiple major accidents.

Below are average Mississippi auto insurance rates by company for drivers with accidents and tickets on their driving record. 

Mississippi car insurance for drivers with tickets and accidents
CompanyClean recordAccidentSpeeding Ticket
USAA$1,320$2,008$1,714
Nationwide$1,331$2,088$2,034
State Farm$1,797$2,124$1,927
Travelers$1,636$2,293$2,374
Progressive$2,131$3,512$2,941
Allstate$2,527$3,688$2,785
Geico$2,210$3,721$2,867
Shelter Insurance$2,469$5,012$3,008

*USAA offers car insurance only to military members veterans and their families.

Data refreshed as of May 2024
Read our full methodology

Compare auto insurance rates by city in Mississippi

Auto insurance rates in your city can differ significantly from the state average due to factors such as population density, increased instances of auto theft or accidents, and a few other factors. It's best to compare quotes from various insurance providers to find the most competitive rates for your specific city in Mississippi.

CityAnnual insurance premium
Calhoun City
$1,964
Carthage
$1,949
Gulfport
$2,096
Data refreshed as of May 2024
Read our full methodology

Insurance.com commissioned Quadrant Information Services in 2023 to field rates from major insurers in every state across most ZIP codes. Driver profile: male, age 40, driving a 2023 Honda Accord LX with full coverage of 100/300/100 with comprehensive and collision; $500 deductible.

The car insurance rates for drivers with accidents and tickets are averaged based on rates for the following accidents and tickets: 

Accidents: 

  • 1 at-fault property damage accident over $2k
  • 1 at-fault property damage accident under $2k
  • At-fault bodily injury accident 
  • Single vehicle accident 

Tickets: 

  • Distracted driving ticket
  • Speeding ticket 1- 10 MPH over limit 
  • Speeding ticket 11- 29 MPH over limit 
  • Talking on cellphone ticket 
  • Texting ticket 

Insurance.com analyzed rates from more than 34,000 ZIP codes, 56 million quotes, and 136 companies. Rates sourced from Quadrant Data Services are for comparison purposes only; your rates may differ.

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