- Average car insurance cost in Mississippi is $1,352 per year, or around $113 per month.
- Mississippi ranks #6 out of 12 Southeast region states for car insurance affordability and ranks 30th out of all 50 U.S. states.
- The cheapest car insurance in Mississippi tends to be found on compact SUVs like the Mazda CX-3, Honda CR-V, Subaru Forester, and the Kia Sportage.
What is average car insurance cost in Mississippi?
The average cost to insure a car in Mississippi is $1,352 per year, or around $113 per month, which is 11.2% less than the national average rate of $1,523.
Average Mississippi car insurance quotes for some of the most popular vehicles include the Ram 1500 pickup at an average of $1,470 per year, the Ford Escape at $1,152, the Toyota RAV4 at $1,300, the Nissan Sentra at $1,338, and the Honda Accord at $1,304 per year.
The chart below shows average Mississippi car insurance cost when averaged for all 2021 model year vehicles, including luxury brands.
As shown in the above chart, the average cost of car insurance ranges from $1,020 per year for a high deductible policy for a 60-year-old driver to $3,114 per year for a low deductible policy for a 20-year-old driver.
When those numbers are converted to monthly cost, the average cost of car insurance per month in Mississippi ranges from $85 to $260 for full coverage.
Some additional factors and situations that can affect car insurance quotes in Mississippi include:
- Increasing policy deductibles from $100 to $1,000 could save $616 or more each year.
- Bundling your car insurance and homeowners insurance with the same company could save an average of $176 per year.
- Minor driving citations like a speeding ticket could increase the annual cost of auto insurance in Mississippi by $356 for a 40-year-old driver, depending on the company.
- A DUI or other major conviction could raise rates by $1,242 or more per year.
- An at-fault accident could cause a rate increase of $556 or more each year due to loss of a claim-free discount plus a chargeable claim.
Is car insurance expensive in Mississippi?
When compared to surrounding states, the average cost of car insurance in Mississippi is 39.8% cheaper than Louisiana, 7% cheaper than Arkansas, 7.8% more expensive than Tennessee, and 6.3% more expensive than Alabama.
When compared to some other noncontiguous Southeast region states, Mississippi auto insurance is 33.9% cheaper than Florida, 21.2% cheaper than Kentucky, 13.7% cheaper than Georgia, and 31% more expensive than North Carolina.
The chart below shows the average car insurance cost for all Southeast region states, with Mississippi highlighted in dark blue.
When compared to states in other parts of the country, the average cost of auto insurance in Mississippi is 19.6% cheaper than New York, 20.4% cheaper than Nevada, 25.4% more expensive than Illinois, 16.5% cheaper than Colorado, and 19.3% cheaper than California.
Here’s an example that uses an actual vehicle (Toyota RAV4) and compares the average cost of insurance in Mississippi to some of the states mentioned prior.
Average car insurance cost on a 2021 Toyota RAV4 in Mississippi is $1,300 per year. This average rate is:
- $54 per year cheaper than insuring a RAV4 in South Carolina ($1,354)
- $204 per year cheaper than in Georgia ($1,504)
- $76 per year more expensive than in Alabama ($1,224)
- $670 per year cheaper than in Florida ($1,970)
- $100 per year cheaper than in Arkansas ($1,400)
- $360 per year more expensive than in Virginia ($940)
Cheapest models to insure by automotive segment
When shopping for a vehicle, it’s useful to know which models have the cheapest car insurance rates for each segment. That way, if affordable insurance is at the top of your priority list, you know which models to shop for.
The list below breaks out the one model in each automotive segment that has the overall cheapest car insurance rates in Mississippi. Each model is linked to a detailed article that analyzes rates at a trim level basis, so you can find out exactly which model and trim has the best rates.
- Compact car – Volkswagen Golf insurance at $1,080 per year or $90 per month
- Compact SUV – Subaru Forester insurance at $1,006 per year or $84 per month
- Midsize car – Mazda 6 insurance at $1,252 per year or $104 per month
- Midsize SUV – Ford Edge insurance at $1,072 per year or $89 per month
- Full-size car – Kia Cadenza insurance at $1,370 per year or $114 per month
- Full-size SUV – Toyota Sequoia insurance at $1,334 per year or $111 per month
- Midsize pickup – Toyota Tacoma insurance at $1,136 per year or $95 per month
- Full-size pickup – Ford F150 insurance at $1,290 per year or $108 per month
- Heavy duty pickup – Ford F350 Super Duty insurance at $1,456 per year or $121 per month
- Minivan – Kia Sedona insurance at $1,148 per year or $96 per month
- Sports car – Mazda Miata insurance at $1,240 per year or $103 per month
- Compact luxury car – Mercedes-Benz A220 insurance at $1,322 per year or $110 per month
- Compact luxury SUV – Volvo XC40 insurance at $1,116 per year or $93 per month
- Midsize luxury car – Acura ILX insurance at $1,260 per year or $105 per month
- Midsize luxury SUV – Volvo V60 insurance at $1,276 per year or $106 per month
- Full-size luxury car – Volvo S90 insurance at $1,472 per year or $123 per month
- Full-size luxury SUV – Volvo XC90 insurance at $1,298 per year or $108 per month
What are the cheapest vehicles to insure in Mississippi?
If finding the best car insurance rates in Mississippi is your goal, then you’ll want to look at the Subaru Forester, Honda CR-V, Mazda CX-3, and Toyota C-HR. Those four compact SUVs have the best overall rates in the state.
We talked about the cheapest vehicles to insure for each segment in the previous section, but many of those models do not even make the list of the top 50 cheapest vehicles to insure.
The table below ranks the 50 cheapest cars, pickups, vans, and SUVs to insure in Mississippi, and breaks down annual and monthly car insurance cost averages for each.
Mississippi car insurance rates for popular vehicles
Car insurance rates have as many moving parts as the vehicle you’re insuring. There are an enormous number of factors that determine the rate you pay, like where you live, your age, your marital status, your driving record, and much, much more.
Insurance companies take all these factors and combine them in a formula that attempts to predict the likelihood that you will have an accident or claim. If you’re a safe driver and drive a safe vehicle, you’re going to pay better rates. If you have many prior driving offenses and drive a high-performance car, there is a good chance you will have future claims that require the company to pay. That means you pay more for car insurance.
We’ve talked about “average rates” a lot in this article, and the next five sections go into more detail for five of the more popular vehicles in Mississippi. Each vehicle has a chart that has rates for different scenarios like safe drivers of various ages, a high-risk driver, and a rate if you qualify for many policy discounts.
These charts are intended to provide you with a better understanding of how variable car insurance can be, and also the importance of not relying on an average rate, but to get some actual car insurance quotes in order to remove some of this variability.
Ford F-150 insurance rates
Ford F-150 insurance in Mississippi costs an average of $1,290 per year and ranges from $1,070 to $2,924 per year for the sample driver risk profiles shown in the chart below.
The Ford F-150 is considered a full-size truck, and other popular models include the Nissan Titan, Toyota Tundra, Chevrolet Silverado, GMC Sierra, and Ram Truck.
Toyota Tacoma insurance rates
Toyota Tacoma car insurance rates in Mississippi range from $946 to $2,570 per year for the driver profiles in the chart below. Toyota Tacoma insurance costs an average of $1,136 per year or $95 per month in Mississippi.
The Toyota Tacoma belongs to the midsize truck segment, and other popular models include the Nissan Frontier, Honda Ridgeline, Jeep Gladiator, Chevrolet Colorado, and GMC Canyon.
Chevrolet Suburban insurance rates
The chart below shows average Chevrolet Suburban insurance rates in Mississippi for different driver ages and risk profiles. Annual cost ranges from $1,218 to $3,336 per year for the example driver risk profiles, with average cost being $1,468 per year.
The Chevrolet Suburban is a large SUV and other similar models include the GMC Yukon, Chevrolet Tahoe, Ford Expedition, Toyota Sequoia, and .
Toyota Camry insurance rates
Average Toyota Camry insurance rates in Mississippi as shown in the chart below range from $1,124 to $3,064 per year, with the average cost being $1,352.
The Toyota Camry is considered a midsize car, and other models in this segment include the Honda Accord, Hyundai Sonata, Chevrolet Malibu, Nissan Altima, and Kia K5.
Ford Mustang insurance rates
The average cost for Ford Mustang insurance in Mississippi is $1,512 per year. The chart below shows rates for additional driver profiles with prices ranging from $1,256 to $3,432 per year.
The Ford Mustang is a sports car and other vehicles in this segment include the Chevrolet Camaro, Chevrolet Corvette, Nissan 370Z, Subaru BRZ, and Toyota Supra.
Average rates in select Mississippi cities
Average car insurance rates per year and month are shown below for some of the larger cities in Mississippi. Feel free to visit any page for additional detailed rates including cost comparisons and the vehicles with the cheapest insurance rates in each city.
- Jackson Car Insurance - $1,644 per year or $137 per month
- Gulfport Car Insurance - $1,578 per year or $132 per month
- Southaven Car Insurance - $1,496 per year or $125 per month
- Hattiesburg Car Insurance - $1,446 per year or $121 per month
- Biloxi Car Insurance - $1,558 per year or $130 per month
Concluding car insurance tips and insights
Below you’ll find some additional tips for saving money on your next car insurance policy.
- It’s expensive to buy high-risk car insurance. For a 40-year-old driver, having to buy a high-risk policy due to excessive accidents and/or violations can increase the cost by $1,624 or more per year. So drive safe and save.
- Your job could reduce your rates. The vast majority of insurance companies offer policy discounts for certain professions like firefighters, dentists, architects, members of the military, doctors, emergency medical technicians, and others. If you work in a qualifying profession, you may save between $41 and $130 on your car insurance premium, depending on the level of coverage purchased.
- Increase physical damage deductibles to save money. Increasing your deductibles from $500 to $1,000 could save around $236 per year for a 40-year-old driver and $458 per year for a 20-year-old driver.
- Polish up your credit rating for lower rates. Having an excellent credit rating above 800 could save $212 per year when compared to a rating of 670-739. Conversely, a credit rating below 579 could cost around $246 more per year.
- Qualify for policy discounts to save money. Discounts may be available if the policyholders belong to certain professional organizations, are claim-free, drive low annual mileage, are loyal customers, sign their policy early, or many other policy discounts which could save the average driver as much as $92 per year on the cost of car insurance
