How Much is Insurance for Used Cars in Mississippi?

Finding good, affordable car insurance is challenging, and deciding which companies offer the best car insurance rates for used cars will involve a little more work. Each insurance company uses a different method for filing rates in each state, so let’s take a look at the car insurance companies with the overall best prices in Mississippi.

We do need to point out that Mississippi car insurance rates are determined by lots of factors that control the price you pay. Things like getting older, buying a different home, or getting a few speeding tickets may generate price changes that can cause some rates to be higher when they were quite affordable.

Best Cheap Insurance Rates for Used Cars

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USAA may have some of the cheapest car insurance rates in Mississippi at around $831 each year. Travelers, Unitrin, Direct General, and ALFA would also be considered some of the cheapest Mississippi auto insurance companies.

As depicted above, if you are currently insured with Direct General and switched to USAA, you might achieve a yearly price reduction of upwards of $460. Policyholders with ALFA might save as much as $506 a year, and Southern Farm Bureau policyholders might realize rate reductions of up to $563 a year.

It’s important to note that these premium estimates are averages across all drivers and vehicles and do not factor in a rate decrease for used cars. So the company that fits you best may not even be shown in the rate chart shown above. That’s why you need to quote rates from as many companies as possible using your own personalized driver profile and vehicle information.

One of the many things that auto insurance companies take into consideration when calculating the amount you pay each year for auto insurance is where you keep your vehicle in Mississippi. Cities with larger populations or higher claim trends like Natchez, Gulfport, and Jackson tend to have more expensive car insurance rates, whereas areas with less crime or weather claims generally benefit from lower auto insurance rates.

The information below ranks the more expensive cities in Mississippi for used cars to purchase a policy in.

Information shown are estimated as the specific Mississippi residence address can influence premium rates substantially.

The vehicle you are seeking coverage for is a large factor that determines the availablility of affordable auto insurance for used cars. Vehicles with reasonable performance levels, excellent safety ratings, or a low likelihood of having liability claims will cost less to insure than adrenaline junky models. The tables below shows coverage premiums for a handful of the cheaper vehicles to insure.

Table data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Mississippi minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Estimates do not factor in the specific area where the vehicle is garaged which can lower or raise price quotes noticeably.

Premium data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Mississippi minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Rates do not factor in specific location information which can increase or decrease auto insurance rates noticeably.

Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Mississippi minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Rate information does not factor in specific zip code location which can influence prices considerably.

Selecting a highly-rated car insurance provider can be difficult considering how many companies are available to choose from in Mississippi. The ranking information in the lists below may help you decide which providers to look at comparing rates with.

The ratings below include large insurance companies, so smaller companies that only insure vehicles in Mississippi are not factored into this list. If you wish to compare rates and find the cheapest rates for used cars, click here.

Top 10 Large Auto Insurers in Mississippi Ranked by Customer Satisfaction

1. USAA – 91%
2. Esurance – 90%
3. AAA Insurance – 90%
4. Nationwide – 89%
5. Progressive – 88%
6. Safeco Insurance – 88%
7. State Farm – 88%
8. Allstate – 88%
9. Travelers – 88%
10. The Hartford – 87%

Top 10 Large Auto Insurers in Mississippi Ranked by Value

1. Travelers
2. American Family
3. AAA Insurance
4. Safeco Insurance
5. Progressive
6. The Hartford
7. Titan Insurance
8. The General
9. 21st Century
10. Esurance

Responsible drivers pay cheaper car insurance rates

In a perfect world, the ideal way to score affordable car insurance rates for pre-owned vehicles is to drive attentively and maintain a clean driving record. The example below highlights how traffic violations and at-fault collisions impact car insurance rates for different ages of insureds. The data is based on a single male driver, full physical damage coverage, $1,000 deductibles, and no discounts are factored in.

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In the chart above, the average cost of a car insurance policy in Mississippi per year with no accidents or violations is $1,468. Add in two speeding tickets and the average cost surges to $1,935, an increase of $467 each year. Then throw in two accidents along with the two speeding tickets and the annual cost of car insurance for used cars goes up to an average of $3,805. That’s an increase of $2,337, or $195 per month, just for not driving safely!

Which car insurance company is best?

If you are shopping around for car insurance, the companies that insure more vehicles than anyone else are State Farm, Geico, Progressive, and Allstate. All of them have different options that policyholders can choose from. The table below rates pricing and service ratings, as well as optional policy coverages you can buy with each company.