Cheap Auto Insurance Quotes for Retired Military in Mississippi

Finding reliable, budget auto insurance is confusing at best, and figuring out which companies quote the lowest-priced auto insurance rates for retired military takes even more work.

Every car insurance company uses a different method to determine premium rates, so first let’s look at the rankings for the auto insurance companies with the most affordable rates in Mississippi. It’s important that you understand Mississippi auto insurance rates are impacted by many things which can substantially decrease or increase the cost of coverage. Price variation is why it is crucial to shop around to find the most affordable car insurance rates for retired military. Insurance rates consist of many risk factors and change substantially, so the most affordable company six months ago may now be priced much higher than other options.

Cheapest Insurance Rates for Vets

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USAA normally has some of the most affordable car insurance rates in Mississippi at around $839 per year. Travelers, Unitrin, Direct General, and ALFA would also make the list of some of the most economical Mississippi insurance companies.

As depicted above, if you currently have a policy with Unitrin and switched to USAA, you might achieve annual savings of roughly $329. Customers with Direct General may save as much as $452 a year, and ALFA customers might lower prices by up to $552 a year.

To see if you’re overpaying, click here or click through to the companies below.

Remember that these premium estimates are averages across all types of drivers and the different vehicles they drive and do not factor in a rate discount for retired military. So the company that can offer you the best rate may not even be featured in the company chart above. That points out the importance of why you need to get quotes using your own driver data and vehicle information.

One of the more important considerations that influence the amount you pay each year for auto insurance is the neighborhood you call home in Mississippi. Areas that are more densely populated or have higher claim rates like Jackson, Clarksdale, and Ocean Springs will most likely pay more, whereas areas with lower crime rates and fewer weather claims have the benefit of cheap car insurance for retired military in Mississippi.

The following table illustrates the higher priced cities in Mississippi for retired military to purchase car insurance in.

Prices are estimated as the specific Mississippi residence address can change coverage rates substantially.

The example below shows how choosing a deductible can influence yearly insurance costs when searching for cheap insurance for retired military. The data is based on a single female driver, comprehensive and collision coverage, and no discounts are factored in.

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In the chart above, a 30-year-old driver could lower their car insurance rates by $292 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $440 by selecting a $1,000 deductible. Young drivers, like the age 20 example, could lower their rates up to $648 each year by choosing a higher deductible. When choosing a higher deductible, it will be necessary to have enough in a savings account to satisfy the extra out-of-pocket expense, which is the main drawback of higher deductibles.

Who has the cheapest insurance quotes for veterans?

There are quite a few ways to comparison shop for auto insurance in Mississippi, but the most preferred methods are from an exclusive insurance agent like Liberty Mutual or Allstate, a non-exclusive or independent agent, or from a direct company like Progressive. They all follow the same basic process, but auto insurance shoppers should know the differences in how they work.

Independent insurance agencies can place your business with multiple companies and can get rate quotes from each one. They have the option to provide you with more rates, which may give you a better comparison. If you are not satisfied with one company, your policy can be easily switched to a different company which makes it simple for you.

An exlusive, or captive, agency is only able to quote rates from one company, a couple examples are a Liberty Mutual or State Farm agent. These guys and gals cannot provide prices from multiple companies, so they have no alternatives for high prices.

Direct auto insurance buyers bypass an exlusive or independent agent and instead buy direct from companies such as Esurance or Progressive. This auto insurance option may be good for families who do not need complex risk management and have a good understanding of what coverage options they need.

So which way is best for finding cheap car insurance for retired military in Mississippi? It would be easy to say buying from a direct car insurance company saves the most money since that eliminates agent commissions, but unfortunately, that is not the case. We could also assume that using an independent agent guarantees the cheapest rates due to having more companies to select from, but that is not necessarily true either. For some people, exclusive agencies may have very competitive prices that independents and direct companies can’t touch.

Since auto insurance prices are based on many different factors, the one way to ensure you are not overpaying is to get quotes and compare the rates. Experts recommend getting rate quotes from all three to get a good idea who is cheapest. We compiled a list of companies with some of the cheapest online rates that you can click here to view.

How to find more affordable insurance for retired military

It’s not impossible to find cheaper rates, and here are many thrifty ideas that can help Mississippi drivers buy low-cost coverage.

• Try paying for small claims out-of-pocket
• Do not get tickets or violations
• Avoid accidents and claims
• Drive safe vehicles
• Drivers with good credit often pay less
• Compare rates regularly and switch companies to save money

The last tip in the list is particularly necessary, as was emphasized in the prior article. Prices charged by auto insurers fluctuate considerably, so drivers shouldn’t hesitate to change to a new company if you find a better deal.

Having a favorite company is great, but we do not recommend it if that faithfulness ends up costing you a lot of money every month. Take a couple minutes and compare rates and find cheaper car insurance for retired military.