Cheap Car Insurance Quotes for Low Income Drivers in Mississippi

For poor drivers, one of the largest criteria used to calculate a rate quote is where your residence is in Mississippi. Areas with increased crime or more people like Gulfport, Natchez, and Clarksdale tend to have more expensive auto insurance rates, whereas less populated areas generally have lower rates.

The following table sorts the more expensive cities in Mississippi for low income drivers in which to purchase auto insurance.

Premium costs are approximated as the specific zip code location can influence premiums substantially.

The car, truck, or SUV that is being insured is probably the largest consideration when consumers are trying to find cheap car insurance for low income drivers in Mississippi. Vehicles with more horsepower, a lack of advanced safety features, or a history of substantial liability claims will cost much more to insure than more modest models.

The next table features auto insurance prices for a number of the cheapest automobiles to buy coverage for.

Table data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Mississippi minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Prices do not factor in specific garaging location which can change auto insurance rates considerably.

Looking at the numbers, you can assume that makes and models like the Toyota Prius, Honda CR-V, Hyundai Santa Fe, Toyota RAV4, and Toyota Tacoma will definitely be a few of the most economical vehicles to insure for poor drivers.

Finding low-cost car insurance is confusing at best, and deciding which insurers offer the most affordable car insurance rates for low income drivers will involve even more shopping around.

Every auto insurer has a proprietary method for establishing rates, so let’s begin by examining the most affordable car insurance companies in Mississippi. It’s important to know that Mississippi car insurance rates are calculated based on many things which can substantially decrease or increase the price you have to pay. Improving your financial situation, buying higher coverage limits, or getting a ticket for careless driving may prompt premium changes that can make some companies affordable when they were higher priced.

Best Car Insurance Prices in Mississippi

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USAA normally has some of the most affordable car insurance rates in Mississippi at around $839 annually. Travelers, Unitrin, Direct General, and ALFA also rank well as some of the best Mississippi insurance companies.

In the above example, if you have coverage with Travelers and switched to USAA, you could see an annual savings of in the neighborhood of $191. Drivers with Unitrin might save as much as $329 a year, and Direct General customers might cut rates by $439 a year.

To find cheap car insurance for low income drivers in Mississippi, click here to start your custom quote or feel free to get quotes from the companies below.

Bear in mind that those policy rates are averages for all drivers and vehicles and and are not calculated with a rate decrease for low income drivers. So the insurer that can offer the best rates for your situation may not even be featured in the above rate chart. That affirms the importance of why you need to compare rates from multiple companies using your own personalized driver profile and vehicle information.

Types of discounts on Mississippi auto insurance

Auto insurance companies that sell cheap car insurance for low income drivers in Mississippi could also offer policy discounts that could lower prices by 30% or more if you meet the requirements. The best car insurance companies and their possible discounts are included below.

• State Farm offers premium reductions for good driver, passive restraint, accident-free, Steer Clear safe driver discount, and multiple autos.
• GEICO offers discounts for five-year accident-free, membership and employees, multi-vehicle, daytime running lights, and federal employee.
• SAFECO may offer discounts for anti-lock brakes, multi-car, accident prevention training, anti-theft, drive less, and teen safety rewards.
• Farmers Insurance policyholders can earn discounts including mature driver, pay in full, bundle discounts, electronic funds transfer, alternative fuel, and teen driver.
• AAA discounts include good driver, multi-car, anti-theft, AAA membership discount, and good student.
• USAA has savings for defensive driver, new vehicle, family discount, vehicle storage, good student, and annual mileage.

The example below illustrates the comparison of yearly insurance costs with and without discounts applied to the policy rates. The rate quotes are based on a male driver, no claims or driving citations, Mississippi state minimum liability limits, full coverage, and $100 deductibles.

The first bar for each age group shows the average rate with no discounts. The second shows the rates with defensive driving course, anti-theft, safe-driver, homeowner, multiple policy, and marriage discounts applied. When discounts are factored in, the the average yearly reduction on car insurance for low income drivers is 28% or $688.

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What is the best car insurance company in Mississippi?

Buying coverage from a high-quality auto insurance provider can be a challenge considering how many companies there are in Mississippi. The company ratings shown below may help you analyze which auto insurers you want to consider comparing price quotes from. These rankings are only made up of the largest companies in the United States, so smaller regional companies are not factored into these rankings.

Top 10 Large Car Insurance Companies Overall in Mississippi

1. Travelers
2. USAA
3. AAA Insurance
4. Nationwide
5. Allstate
6. State Farm
7. The Hartford
8. Safeco Insurance
9. Progressive
10. American Family

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

When shopping around for auto insurance for poor drivers in Mississippi, four companies you’ll want quotes from are Allstate, Geico, Progressive, and State Farm. When added together, they insure nearly half of all car insurance policies written. The data below compares and contrasts some of the different features that are available for buyers.

Best cheap insurance quotes for poor drivers

Thanks to technology, drivers have a lot of ways to shop for and buy car insurance in Mississippi, but the most frequently used methods are through an exlusive agent like Liberty Mutual or Allstate, a non-exclusive or independent agent, or from a direct company like Progressive or Geico. They all have the same end result, but they are slightly different in how they work.

Independent insurance agencies work with multiple companies and can provide price quotes from all of them. Agents of this type have the freedom to compare multiple rates, which can help you get the best chance of finding a lower price. If premiums increase, your policy is moved internally and that require little work on your part.

Exclusive agencies are only able to write with a single company, two popular examples being an Auto-Owners or Allstate agent. These guys and gals cannot shop your coverage around, so always compare other rates.

If you want to buy car insurance direct, you do not use local agents and instead buy direct either online or via phone. Buying car insurance direct can be good for drivers who do not have a lot of assets and have a decent understanding of what car insurance covers.

What is the best way to buy cheap car insurance for low income drivers in Mississippi? The obvious answer would be buying from a direct car insurance company results in the best prices since no commissions are paid to an agent, but in reality, that is not true. And we’d like to say buying from an independent agent guarantees the cheapest rates due to having more companies to select from, but that assumption is also not accurate. For the right applicant, exclusive agencies may have prices that independents and direct companies can’t touch.

Because of the variability of car insurance rates, the best way to get rock-bottom rates is to get as many comparison quotes as possible. The ideal approach is to get prices from all three types to get a good idea who is cheapest. A great place to start is our list of online companies offering discounts: click here to view.