Best Cheap Car Insurance Quotes for High Risk Drivers in Mississippi

For high risk drivers, one of the big factors that determine the price you pay for insurance is where your car is garaged in Mississippi. Larger areas like Clarksdale, Biloxi, and Greenville are more likely to pay higher prices, whereas areas with less traffic congestion and claims profit from lower rates.

The next table rates the most expensive cities in Mississippi for high risk drivers to buy auto insurance in.

Rates are approximated as zip code location can change premium rates substantially.

The vehicle model you are buying coverage for is probably the biggest factor that determines if you can find economical auto insurance for high risk drivers. Vehicles with lots of speed or power, a lack of safety features, or a track record of large liability claims will cost quite a bit more to insure than more economical and safe models. The list below features insurance premiums for a selection of the most budget-friendly vehicles to buy coverage for.

Data based on married male driver age 40, two speeding tickets, two at-fault accidents, $1,000 deductibles, and Mississippi minimum liability limits. Discounts applied include multi-vehicle, homeowner, and multi-policy. Prices do not factor in zip code location which can modify rates considerably.

Looking at the rates, vehicles like the Honda CR-V, Honda Accord, and Ford Escape are likely to be a few of the most affordable vehicles to insure for high risk drivers. The cost of auto insurance will tend to be more expensive anyway because there is more claim risk for high risk drivers, but in general those particular vehicles will tend to have the best insurance prices possible.

Finding decent, affordable car insurance is difficult, and figuring out which companies offer the cheapest auto insurance rates for high risk drivers takes a bit more work. Coverage rates will most likely be quite a bit more expensive than the state average, with the extra cost attributed to the potential for higher claims associated with offering insurance for high risk drivers, but affordable insurance should be achievable if you carefully shop around.

Each auto insurance company has their own guidelines for determining rates in each state, so let’s take a look at the auto insurance companies with the overall cheapest rates in Mississippi.

Best Car Insurance Prices for Risky Drivers

Compare Rates Today

USAA quotes some of the lowest car insurance rates in Mississippi at around $807 a year. Travelers, Unitrin, Direct General, and ALFA also make the cut as some of the lowest-priced Mississippi car insurance companies.

As shown in the table above, if you are a customer of Direct General and switched to USAA, you may see an annual savings of in the neighborhood of $471. Policyholders with ALFA may save as much as $571 a year, and State Farm insureds might reduce prices by as much as $600 a year.

To get a quick, customized rate comparison, click here to start your custom quote or click through to the companies below.

Understand that those policy prices are averages for all types of drivers and the different vehicles they drive and are not factoring in a rate increase for high risk drivers. So the car insurance company that fits your needs best may not even be in the rate chart shown above. That underscores the importance of why you need to compare prices as often as possible using your own specific driver information and vehicle.

The illustration below shows how choosing a deductible can raise or lower yearly insurance costs when quoting cheap insurance for high risk drivers. The premium estimates are based on a married female driver, comp and collision included, and no discounts are factored in.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 2035,1867,1675,1491],[‘Age 30’, 1431,1307,1165,1029],[‘Age 40’, 1413,1293,1157,1025],[‘Age 50’, 1239,1137,1019,905],[‘Age 60’, 1181,1083,969,859],[‘Age 70’, 1267,1161,1045,933]]);var options = {title: ‘Comparison of Deductible Levels and Car Insurance Rates in Mississippi’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

A 40-year-old driver could lower rates by $220 a year by switching from a $100 deductible up to a $500 deductible, or save $334 by using a $1,000 deductible. Young drivers, such as the 20-year-old chart data, could roll back prices up to $544 each year by choosing a higher deductible.

If you do decide to increase your deductibles, it is a good idea to have plenty of savings on hand to allow you to pay the extra out-of-pocket expense that is associated with using high deductibles.

Geico, State Farm, Progressive, and Allstate: Who is best?

When buying car insurance for high risk drivers in Mississippi, four of the larger companies to compare rates for are Geico, State Farm, Progressive, and Allstate. Between them, they insure over 45% of all car insurance policies in America. All of them have slightly different coverage options that may steer you one way or another. The data below ranks some of the different options shoppers can expect to find with each one.