How Much are Auto Insurance Quotes for Drivers Under 21 in Mississippi?

When we talk about auto insurance, the word cheap really should not be used as a descriptor for auto insurance rates. Be that as it may, cheap car insurance for drivers under 21 does not exist. Don’t let that spoil your day, because we can show you some ways you can quote car insurance that doesn’t break your budget.

When shopping for auto insurance for minors, one of the many things that help determine the cost of insurance is where you live in Mississippi. Areas with more people or higher crime rates like Natchez, Jackson, and Clinton tend to have higher rates, whereas areas with lower crime rates and fewer weather claims have the luxury of lower rates.

The next table rates the most expensive areas in Mississippi for drivers under 21 to buy car insurance in.

Annual rates are comparative as the garaging address in Mississippi can revise insurance rates substantially.

The vehicle that needs insurance is one of the primary factors when shopping around for low-priced coverage for drivers under 21. Vehicles with average performance, modern passenger safety features, or low incidents of liability claims will cost quite a bit less to insure than higher performance models. The data below showcases coverage premiums for some of the more afforable vehicles to buy coverage for.

Table data represents single female driver age 20, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Mississippi minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium costs do not factor in specific Mississippi garaging location which can impact insurance rates greatly.

Based upon these rates, vehicles like the Honda Accord, Honda CR-V, Hyundai Elantra, Chevrolet Traverse, and Ford Escape are most likely to be a few of the less-costly vehicles to insure for minors. The cost of auto insurance will tend to be higher just because there is more liability risk for drivers under 21, but overall those particular models will tend to have the lowest insurance rates compared to other vehicles.

The illustration below demonstrates how choosing different deductibles can raise or lower insurance premiums when searching for cheap insurance for drivers under 21. The premium estimates are based on a single male driver, full physical damage coverage, and no other discounts are factored in.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 3165,2887,2583,2297],[‘Age 30’, 1645,1517,1363,1215],[‘Age 40’, 1633,1495,1335,1183],[‘Age 50’, 1483,1359,1219,1083],[‘Age 60’, 1433,1315,1181,1051],[‘Age 70’, 1733,1597,1447,1305]]);var options = {title: ‘Effect of Higher Deductibles on Insurance Cost in Mississippi’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},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);}

As shown above, a 30-year-old driver could reduce rates by $298 a year by switching from a $100 deductible up to a $500 deductible, or save $450 by changing to a $1,000 deductible. Youthful drivers, such as the 20-year-old chart data, can save $868 every year by using a higher deductible. When raising deductibles, it will now be necessary to have plenty of discretionary funds to satisfy the extra out-of-pocket expense, which is the main disadvantage of using high deductibles.

Responsible drivers pay cheaper insurance rates

The best way to get the best insurance rates in Mississippi for minors is to be a safe driver and maintain a clean driving record. The chart below illustrates how traffic citations and at-fault claims can affect annual premium costs for different age groups. The data is based on a married female driver, comp and collision included, $100 deductibles, and no policy discounts are applied.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘Two Speeding Tickets and No Accidents’, ‘Two Speeding Tickets and One Accident’],[‘Age 20’, 2265,2947,3627],[‘Age 30’, 1597,2277,2957],[‘Age 40’, 1573,2253,2935],[‘Age 50’, 1377,2057,2741],[‘Age 60’, 1313,1995,2675],[‘Age 70’, 1409,2089,2769]]);var options = {title: ‘Effect of Citations and Accidents on Mississippi Insurance Prices’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],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);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

In the chart above, the average cost of car insurance per year with a clean driving record and no accidents is $1,589. Receive two speeding tickets and the average cost jumps to $2,270, an increase of $681 each year. Now include one accident along with the two speeding tickets and the yearly cost of insurance for drivers under 21 increases to an average of $2,951. That’s an increase of $1,362, or $113 per month, just for not driving safely!