Who Has Cheap Car Insurance for Welfare Recipients in Mississippi?

Wouldn’t it be nice if we could wave our magic wand and tell you the single company that has the best auto insurance prices for welfare recipients? Unfortunately, it’s not that simple as there are many unknowns such as whether you are a new or experienced driver, your financial stability, if you currently have coverage, and whether you want full coverage, that all impact the price you pay. This article delves into the best ways to find cheap auto insurance and also should give you a good start in finding the cheapest car insurance in Mississippi.

Deciphering which companies quote the cheapest insurance rates for welfare recipients will take a bit more effort in order to find the lowest price quote. Each insurance company uses their own calculation for setting rates, so to begin we’ll rank the overall cheapest insurance companies in Mississippi.

It’s important that you understand Mississippi insurance rates are influenced by many factors that can increase the cost of a policy. Turning one year older, buying higher coverage limits, or getting caught speeding can produce rate changes that can now make some companies cheaper than others.

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USAA has some of the lowest car insurance rates in Mississippi at around $839 a year. Travelers, Unitrin, Direct General, and ALFA are also some of the more affordable Mississippi insurance companies.

As shown in the rates above, if you currently have a policy with Direct General and switched to Travelers, you could see an annual premium reduction of roughly $291. Drivers with ALFA may save as much as $350 a year, and Safeway policyholders might reduce rates by $400 a year.

Be aware that those prices are averages across all ages of drivers and types of vehicles and do not factor in a rate decrease for welfare recipients. So the auto insurance company that has the lowest price for you may not even be shown in the chart above. That underscores the importance of why you need to get rate quotes from many companies using your own specific driver information and vehicle.

One of the many components that impact the annual cost of car insurance is where you normally keep your vehicle. Regions with more people or even just more weather-related claims like Natchez, Biloxi, and Clarksdale are more likely to have higher rates, whereas more rural areas have the luxury of cheap car insurance for welfare recipients in Mississippi.

The table below ranks the higher priced cities in Mississippi for welfare recipients to buy an auto insurance policy in.

Annual rates are estimated as the specific geographic location can change rates considerably.

The type of vehicle that needs insurance is one of the biggest factors when comparison shopping for the best cheap insurance for welfare recipients. Vehicles with higher performance, poor passenger safety features, or an increased likelihood of liability claims will cost much more to insure than more economical and safe models.

The data below features coverage rates for a number of the more afforable automobiles to buy insurance for.

Cost estimates assume single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Mississippi minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Rates do not factor in garaging location in Mississippi which can influence rates significantly.

Looking at the rates, we can assume that makes and models like the Ford Escape, Honda CR-V, and Toyota Prius are going to be some of the more affordable vehicles to insure for drivers on welfare.

The illustration below demonstrates how deductibles can influence insurance costs when searching for cheap insurance for welfare recipients. The costs are based on a married female driver, comprehensive and collision coverage, and no discounts are taken into consideration.

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As shown above, a 50-year-old driver could reduce rates by $220 a year by switching from a $100 deductible to a $500 deductible, or save $334 by changing to a $1,000 deductible. Youthful drivers, such as the Age 20 example, could roll back prices up to $544 every year just by choosing higher deductibles. If you do make the decision to raise your deductibles, it is essential to have additional funds squirreled away to allow you to pay the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.

Which car insurance company is best?

If you want the best car insurance for drivers on welfare, four companies to definitely compare rates with are State Farm, Allstate, Progressive, and Geico. When added together, they insure over 48% of all vehicles in the U.S.. They all offer a distict selection of optional coverages and features that buyers can select from. The table below illustrates pricing and service ratings, as well as optional policy coverages .

Who has the cheapest insurance quotes for drivers on welfare?

There are many ways to quote and buy insurance in Mississippi, but the most popular are either through an independent or non-exclusive agent, a captive (or exclusive) agency such as Allstate or State Farm, or direct from companies such as Geico or Progressive.

All three ways are similar, but they differ slightly in how they provide price quotes.

Independent agents work with multiple companies and can get rate quotes from every one. Independent agents have the ability to compare multiple rates, which can help you get the best chance of saving money. If your agent finds better pricing, they simply move your policy to a different company and you don’t have to find a new agent.

A captive or exclusive agent is able to quote prices with one insurance company, two examples being Allstate and Liberty Mutual agents. These agents usually cannot place coverage with different providers, so if finding the cheapest coverage is your goal, you will need to shop around.

Buying direct means you skip local insurance agents and instead shop buying direct from a company like Progressive or Geico. Shopping direct is good for families who have little risk and have knowledge of what limits they need.

So which of those three methods works best to buy cheap car insurance for welfare recipients in Mississippi? The quick answer would be buying direct yields the cheapest rates since there is no middleman, but that turns out to not be true. A good argument could also be made that an independent agency is the best way to go since they can provide multiple quotes, but again, that’s not accurate. In many circumstances, the exclusive agents may have very competitive prices that are well below what direct and independents offer.

Because of the variability of insurance rates, the best method to ensure the lowest rates is to get rate quotes and compare. Money-saving experts recommend you get rate quotes from independent agents, exclusive agents, and direct companies to have the best selection of rates to choose from. For a list of insurance companies with low rates, click here to view.