Cheapest Car Insurance for Drivers with a Bad Driving Record in Mississippi

The words “economical” and “insurance” probably shouldn’t be used together, especially when looking for the cheapest auto insurance for drivers with a bad driving record. Because it’s so expensive, let’s take a look at some of the factors the can have a considerable influence on auto insurance premiums, and find out if we can help you cut the cost of the next policy you buy.

The type of vehicle requiring coverage is one of the main factors that determines the availablility of the most economical insurance for drivers with a bad driving record. Vehicles with higher performance, a lack of advanced safety features, or high incidents of liability claims will cost substantially more to insure than safer, lower-performance models. The information below features coverage costs for a handful of the cheaper automobiles to buy insurance for.

Data assumes single female driver age 40, two speeding tickets, two at-fault accidents, $1000 deductibles, and Mississippi minimum liability limits. Discounts applied include multi-vehicle, homeowner, and multi-policy. Prices do not factor in your specific Mississippi location which can alter premium rates greatly.

Premium data assumes single female driver age 40, two speeding tickets, two at-fault accidents, $1000 deductibles, and Mississippi minimum liability limits. Discounts applied include multi-policy, multi-vehicle, and homeowner. Rate quotes do not factor in vehicle location which can modify coverage prices significantly.

Data variables include single female driver age 40, two speeding tickets, two at-fault accidents, $1000 deductibles, and Mississippi minimum liability limits. Discounts applied include homeowner, multi-vehicle, and multi-policy. Estimates do not factor in specific zip code location which can influence insurance rates noticeably.

For bad drivers, one of the more important considerations that impact the price you pay for insurance is where your residence is in Mississippi. Areas with more people or more claims like Natchez, Vicksburg, and Gautier tend to have more expensive car insurance rates, whereas areas with less congestion tend to receive cheaper rates.

The following table shows the most expensive cities in Mississippi for drivers with a bad driving record to buy auto insurance in.

Premium costs are comparative as vehicle location can increase or decrease insurance rates greatly.

Trying to buy low-cost insurance is not the easiest thing to accomplish, and figuring out which company offers the cheapest auto insurance rates for drivers with a bad driving record may require additional perseverance. Coverage prices will more than likely be significantly higher than the average policy in Mississippi, with the extra cost attributed to the potential for higher claims that goes along with selling insurance for bad drivers, but reasonable coverage may be possible if you carefully shop around. Each auto insurance company has a unique formula for filing rates in each state, so first we will examine the auto insurance companies that tend to have lower prices in Mississippi.

Find the Best Cheap Insurance for Imperfect Drivers

Compare Rates Today

USAA has some of the most affordable car insurance rates in Mississippi at around $839 each year. Travelers, Unitrin, Direct General, and ALFA also are some of the cheapest Mississippi auto insurance companies.

As shown above, if you buy coverage from Direct General and switched to USAA, you might realize an annual premium reduction of about $439. Mississippi drivers with ALFA could save as much as $539 a year, and Safeway customers might lower prices by up to $561 a year.

To find out how your current rates compare, click here to begin a quote or visit several of the following companies.

Understand that those estimates are averaged for all drivers and vehicles and do not take into consideration a rate surcharge for drivers with a bad driving record. So the company that fits your situation best may not even be featured in the above list. That affirms the importance of why you need to get rate quotes using your own individual information.

Rate difference between full and liability-only coverage

Finding the cheapest auto insurance for drivers with a bad driving record in Mississippi should be important to most vehicle owners, and one great way to reduce the cost of insurance is to not buy comprehensive and collision coverage. The example below shows the difference between annual premium costs with liability coverage only compared to full coverage. The rate quotes are based on no claims or driving citations, $100 deductibles, single status, and no discounts are applied.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $100 Deductibles’, ‘Liability Only’],[‘Age 20’, 4337,1291],[‘Age 30’, 2227,709],[‘Age 40’, 2219,657],[‘Age 50’, 2015,615],[‘Age 60’, 1949,605],[‘Age 70’, 2361,807]]);var options = {title: ‘Full Coverage Rates Versus Liability Only Rates’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Mississippi’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

If averaged for all ages, comp and collision coverage costs $2,518 per year more than just insuring for liability. That is a significant amount which raises the question if paying for full coverage is worth it. There is no set guideline to delete comprehensive and collision coverage on your policy, but there is a general guideline you can use. If the annual cost of your full coverage insurance is 10% or more of any settlement you would receive from your insurance company, then you might consider buying liability only.

Who is cheaper: State Farm, Allstate, Progressive, or Geico?

When shopping for car insurance for bad drivers in Mississippi, the four most popular companies are State Farm, Allstate, Progressive, and Geico. Combined they have about 50% of the entire U.S. market share. The next table breaks down some of the different features that are available for buyers.

Cheapest insurance quotes for bad drivers

Drivers have a lot of different ways to get affordable auto insurance quotes in Mississippi, but the most prevalent are from an independent or non-exclusive agent, an exclusive insurance agency such as Liberty Mutual or State Farm, or from a direct company like Geico.

All three ways can provide auto insurance quotes, but buyers need to know the differences in how they provide price quotes.

Independent agents write business for many companies and can compare coverage rates with every one. Agents of this type are not employed by one specific company and can give you more rates, which may give you a better chance of saving money. If prices rise, an independent agent can move your coverage which makes it simple for you.

A captive, or exclusive, agent is contracted to just one company like a State Farm or Farmers agent. Exclusive agents cannot give you multiple price quotes, so it’s a good idea to get additional quotes.

If you choose to buy auto insurance direct, you bypass local insurance agents and buy direct either online or via phone. This auto insurance option may be the best choice consumers who have fewer assets and know more than average about the limitations of auto insurance.

So which way is best for finding the cheapest auto insurance for drivers with a bad driving record in Mississippi? We’d like to say buying from a direct company saves money because there is no agent taking a commission, but in reality, that is not true. We’d also like to say an independent agent is the best way to save since they have more companies to choose from, but that assumption is also not accurate. And often times, exclusive agents may have very competitive prices that are the lowest in Mississippi.

Since auto insurance companies use so many rating factors, the only true way to find out which one is cheapest is to get quotes and compare. Experts recommend getting price quotes from independent, exclusive, and direct in order to have the best selection to choose from. To see some of the cheapest online companies available, click here to view.

How to get the cheapest auto insurance for drivers with a bad driving record in Mississippi

Below you’ll find some of the recommended penny-pinching suggestions that can help you buy lower-cost coverage.

• Do not get into accidents
• Drive safely
• Drive vehicles with five-star safety ratings
• Full coverage may not be needed on older vehicles
• Raise physical damage deductibles
• Increase your credit rating
• Shop around for cheaper prices

That final tip is highly vital, as we discussed in the prior information. Prices charged by companies change constantly, so don’t be afraid to switch to a new company if you can find a cheaper rate. Having a favorite company is fine, but it’s not a great idea if that inflexibility results in costing you a lot of money. Now is a great time to compare prices to find cheaper insurance for drivers with a bad driving record.