Cheapest Auto Insurance for Infrequent Drivers in Mississippi

The words “cheap” and “auto insurance” probably shouldn’t be used in the same sentence, especially when you are looking for the best car insurance for infrequent drivers. To help control this cost, let’s get started by showing you a few of the things that have an impact on car insurance premiums, and see how we can help you take the bite out of your next policy.

The make and model of vehicle requiring insurance is one of the main factors when shopping around for low-cost auto insurance for infrequent drivers. Vehicles with reasonable performance levels, a plethora of safety features, or a positive history of liability claims will cost quite a bit less to insure than higher performance models.

The information below estimates coverage premiums for some of the more afforable vehicles to insure in Mississippi.

Price data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Mississippi minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Rates do not factor in specific Mississippi garaging location which can raise or lower insurance rates significantly.

Based upon the rates shown, you can expect makes and models like the Ford Escape, Hyundai Tucson, and Subaru Forester should be some of the most budget-friendly vehicles to insure for low mileage drivers.

Finding reliable, low-cost auto insurance is confusing at best, and figuring out which companies quote the cheapest auto insurance rates for infrequent drivers takes additional perseverance. Each insurance company uses their own calculation to set their prices, so let’s rank the auto insurance companies that tend to have lower prices in Mississippi.

Best Cheap Insurance Rates in Mississippi

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USAA offers some of the lowest car insurance rates in Mississippi at around $831 annually. Travelers, Unitrin, Direct General, and ALFA are also some of the best Mississippi insurance companies.

As the rates illustrate above, if you are insured with Unitrin and switched to USAA, you could realize annual savings of in the neighborhood of $348. Insureds with Direct General may save as much as $447 a year, and ALFA insureds might reduce prices by as much as $506 a year.

To see if you’re overpaying, click here to start a quote or visit any of the low-priced companies below.

These policy prices are averages for all types of drivers and the different vehicles they drive and and are not calculated with a rate decrease for infrequent drivers. So the insurer that has the cheapest rates for you may not even be in the above list. That point stresses why you need to quote rates from as many companies as possible using your own specific driver and vehicle information.

When shopping for auto insurance for low mileage drivers, one of the many considerations that is used by auto insurance companies to determine the policy price is where your car is garaged in Mississippi. Areas that are more densely populated like Natchez, Biloxi, and Vicksburg are more likely to have higher rates, whereas areas with less congestion generally have lower rates.

The information below displays the most expensive areas in Mississippi for infrequent drivers to purchase auto insurance in.

Rates are estimated as vehicle location can decrease or increase auto insurance rates greatly.

Comparison of full coverage and liability-only policies

Finding the cheapest car insurance for infrequent drivers in Mississippi is important to the majority of vehicle owners, and a great way to find cheap insurance is to buy only liability coverage. The illustration below compares insurance prices with full coverage compared to only the Mississippi minimum liability coverage. The prices are based on a clean driving record, no claims, $500 deductibles, drivers are not married, and no policy discounts are applied.

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On average, comprehensive and collision coverage on your policy costs $1,665 per year more than just insuring for liability. That is a large expense and it proposes the question if paying for full coverage is a waste of money. There is no exact rule to eliminate full coverage, but there is a general school of thought. If the annual cost of coverage is more than around 10% of any settlement you would receive from your insurance company, then you might want to think about dropping full coverage.

For example, let’s pretend your vehicle’s settlement value is $12,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most your company would pay you is $11,000 after paying your deductible. If it’s costing you more than $1,100 annually for comprehensive and collision coverage, then you may need to consider dropping full coverage.

There are a few situations where dropping full coverage is not recommended. If you still have a lienholder on your title, you must maintain physical damage coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should not opt for liability only.

Geico, Allstate, Progressive, or State Farm: Which is best?

If you’re looking for the best auto insurance for low mileage drivers in Mississippi, four good companies to start with are Geico, Allstate, Progressive, and State Farm. When added together, they make up nearly half of all policies written in the United States. They all offer somewhat different options that you can choose from. The next table illustrates ratings for price and service, as well as some optional coverages shoppers can expect to find with each one.