BudgetAutoRates affordability gauge: Mississippi premiums vs state median income. Local claim costs and pricing pressure keep the needle out of the green.
| Company | Liability / mo | Full coverage / mo | Best for |
|---|---|---|---|
| State Farm | $35 | $126 | Overall cheapest |
| GEICO | $39 | $138 | Digital-first drivers |
| Progressive | $45 | $160 | High-risk / SR-22 |
| Allstate | $52 | $187 | Bundling home + auto |
| Farmers | $57 | $203 | Agent relationships |
| Liberty Mutual | $62 | $221 | Custom coverage add-ons |
Illustrative estimates for layout and comparison purposes; see our methodology.
Mississippi requires liability coverage on every registered vehicle. The legal floor:
Minimum coverage keeps you legal, not necessarily solvent: the average new truck costs more than $25,000 to replace, so one at-fault accident can outrun your property-damage limit.
Minimums cross-checked against Insurance Information Institute and state DOI sources, July 2026; see our methodology. Rules change; verify current minimums with your state's Department of Insurance.
Premiums swing inside Mississippi: traffic density, claim frequency, and repair costs vary from ZIP to ZIP, so quote with your exact address.
Rates in Mississippi run about 1% above the national average, at about $57/mo for liability and $203/mo for full coverage. Traffic density, weather claims, repair costs, and uninsured drivers all feed into local pricing, and comparing 3 or more quotes is the fastest way to come in under the state average.
Fines, license and registration suspension, SR-22 filings, and reinstatement fees, with exact amounts set by Mississippi law. Check current penalties with the Mississippi Department of Insurance, then let Scout dig up a minimum-coverage policy that costs less than the paperwork.
BudgetAutoRates