Cheap Car Insurance for 16 Year Olds in Mississippi

When shopping for cheaper auto insurance for new drivers, one of the many components that help set insurance cost is where you keep your car in Mississippi. Areas with increased crime or more people like Natchez, Jackson, and Biloxi tend to have more expensive auto insurance rates, whereas areas that tend to be more rural can boast about having cheaper rates.

The next table shows the highest-priced places in Mississippi for 16 year olds to buy auto insurance in.

Premium costs are estimated as specific Mississippi zip code can revise premium rates noticeably.

Comparing rates for reasonably-priced insurance is not the easiest thing to do, and determining which company has the best insurance rates for 16 year olds takes a little more work. Insurance rates may be much higher than the average price in Mississippi because of the potential for higher claims related to selling coverage for new drivers, but reasonably-priced coverage should be possible if you do a thorough comparison. Each auto insurer has their own formula for setting rates, so we need to take a look at the lowest cost insurance companies in Mississippi.

It’s important that you understand Mississippi insurance rates are based on many factors which can significantly increase or decrease the policy price. This price variability is why it is crucial to shop around with many companies when trying to find the most economical insurance rates for 16 year olds. Auto insurance prices are influenced by many different factors and can decrease or increase without notice, so the cheapest company a year ago may now be quite expensive.

Best Insurance Companies for Teens

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USAA quotes some of the cheapest car insurance rates in Mississippi at around $839 each year. Travelers, Unitrin, Direct General, and ALFA also make the cut as some of the best Mississippi auto insurance companies.

As shown above, if you are a customer of Unitrin and switched to USAA, you might realize a yearly savings of approxmiately $340. Mississippi drivers with Direct General may save as much as $452 a year, and ALFA insureds might reduce rates by $511 a year.

If you want to see how much you could save, click here to start a quote or click through to the companies below.

Bear in mind that those premiums are averages for all ages of drivers and types of vehicles and do not factor in a rate increase for 16 year olds. So the car insurance company that can offer the best rates for your situation may not even be included in the rate chart shown above. That points out the importance of why you need to get quotes using your own personalized driver profile and vehicle information.

The type of vehicle requiring insurance is probably the biggest factor when quoting low-cost insurance for 16 year olds. Vehicles with lots of speed or power, a lack of modern safety features, or a high likelihood of having liability claims will cost much more to insure than more modest models.

The table below presents auto insurance rates for a number of the most economical automobiles to insure.

Data based on single male driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Mississippi minimum liability limits. Discounts applied include claim-free, and safe-driver. Rate information does not factor in zip code location which can affect auto insurance rates greatly.

By looking at the data, we can tell that models like the Honda Accord, Ford Escape, Honda CR-V, and Hyundai Elantra are likely to be a few of the most affordable vehicles to insure for new drivers. Rates will be more expensive because of the fact that there is more liability risk for 16 year olds, but overall those makes and models will have the least expensive rates compared to other vehicles.

Get discount Mississippi insurance

Car insurance companies that provide cheap auto insurance for 16 year olds in Mississippi may additionally offer price discounts that could potentially reduce rates by as much as 40% or more if you can meet the requirements. Companies and some of the discounts can be found below.

• GEICO discounts include daytime running lights, multi-vehicle, driver training, five-year accident-free, and emergency military deployment.
• USAA offers discounts including multi-policy, safe driver, driver training, annual mileage, new vehicle, loyalty savings, and family discount.
• Progressive offers discounts for good student, multi-policy, online quote discount, multi-vehicle, homeowner, continuous coverage, and online signing.
• American Family policyholders can earn discounts including defensive driver, good driver, bundled insurance, multi-vehicle, and early bird.
• Esurance may include discounts for multi-car, Pac-12 alumni, renters, safety device, Switch & Save, DriveSense, and good student.
• Farmers Insurance may have discounts that include good student, teen driver, mature driver, pay in full, homeowner, switch companies, and bundle discounts.
• State Farm may offer discounts for safe vehicle, good student, multiple autos, defensive driving training, student away at school, accident-free, and Steer Clear safe driver discount.

The information below shows the comparison of annual premium costs with and without discounts applied to the premium. The prices are based on a female driver, no claims, a clean driving record, Mississippi state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with continuous coverage, paperless filing, passive restraint, vehicle safety, paid-in-full, and anti-theft discounts applied. When discounts are factored in, the the average amount saved on insurance for 16 year olds is 28% or $572.

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Ending up with a high-quality car insurance provider can be a challenge considering how many companies there are to choose from in Mississippi. The ranking information displayed below can help you choose which car insurance providers you want to consider putting your business with.

The rankings below are only comprised of companies who write in the majority of U.S. states, so companies without a large exposure will not be included in the list. To compare prices from these top-rated insurers and more, just click here.

Top 10 Large Auto Insurance Companies in Mississippi Ranked by A.M. Best Rating

1. Travelers – A++
2. USAA – A++
3. GEICO – A++
4. State Farm – A++
5. Titan Insurance – A+
6. Esurance – A+
7. Progressive – A+
8. Nationwide – A+
9. The Hartford – A+
10. Allstate – A+

Top 10 Large Auto Insurance Companies Overall in Mississippi

1. Travelers
2. USAA
3. AAA Insurance
4. Nationwide
5. Allstate
6. State Farm
7. The Hartford
8. Safeco Insurance
9. Progressive
10. American Family

How to get cheap auto insurance for 16 year olds in Mississippi

Below you’ll find a few penny-pinching ideas that can help Mississippi drivers buy the cheapest coverage.

• Do not get traffic tickets
• Having at-fault accidents will increase rates
• Older vehicles may not need full coverage
• Avoid price increases by not filing claims
• Increase your comprehensive and collision deductibles
• Look for cheaper rates once a year by shopping around

That last idea is particularly critical, as was affirmed in the prior article. Rates in Mississippi can be modified anytime, so drivers shouldn’t hesitate to buy a different policy if a better rate can be found.

Having a favorite company is great, but we do not recommend it if that faithfulness ends up costing you a lot of money. If you have a few minutes, shop around to find cheaper auto insurance for 16 year olds.