Cheap Auto Insurance Quotes for Single Moms in Mississippi

Finding out which companies have the best car insurance rates for single moms may require more time than just getting one or two price quotes.

Each insurance company has their own unique process to set policy rates, so let’s take a look at the car insurance companies with the overall best prices in Mississippi. It’s important that readers know that Mississippi car insurance rates are impacted by many factors that may substantially change the policy premium. Simply having another birthday, buying a different vehicle, or having an at-fault accident can trigger changes in premium that can now make some companies cheaper than competitors.

Best Cheap Insurance Rates for Single Moms

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USAA generally has some of the lowest car insurance rates in Mississippi at around $815 annually. Travelers, Unitrin, Direct General, and ALFA would also make the list of some of the more affordable Mississippi car insurance companies.

As the example above demonstrates, if you are a customer of Unitrin and switched to USAA, you might achieve a yearly price reduction of around $353. Insureds with Direct General might save as much as $515 a year, and ALFA customers might lower prices by up to $576 a year.

To find cheap car insurance for single moms in Mississippi for your vehicle, click here or visit any of the companies below.

It’s important to note that these policy prices are averages for all drivers and vehicles in Mississippi and do not take into consideration a price discount for single moms. So the car insurance company that fits your needs best may not even be in the chart above. That’s why you need to get car insurance quotes using your own driver information and specific vehicle type.

For single parents, one of the largest things that auto insurance companies use when figuring the amount you pay each year for auto insurance is your address in Mississippi. Regions with more people or even just more weather-related claims like Natchez, Jackson, and Vicksburg will most likely pay more, whereas areas that are not as densely populated profit from lower rates.

The next table ranks the most expensive places in Mississippi for single moms to purchase car insurance in.

Rates are estimated as the specific Mississippi residence address can modify coverage rates greatly.

The vehicle model driven is one of the biggest factors when consumers are trying to find low-cost auto insurance for single moms. Vehicles with high performance engines, poor crash test ratings, or a track record of large liability claims will cost much more to insure than more modest models.

The tables below shows auto insurance rates for the cheapest vehicles to buy coverage for.

Data variables include single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Mississippi minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Table data does not factor in zip code location which can alter coverage rates substantially.

Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Mississippi minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Table data does not factor in specific zip code location which can affect rates significantly.

Table data represents single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Mississippi minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Rates do not factor in specific location information which can revise premium rates significantly.

Cost of full coverage

Finding cheap car insurance for single moms in Mississippi is probably important to most drivers, and a great way to find cheaper insurance is to only pay for liability coverage. The illustration below illustrates the difference between insurance costs with full coverage compared to only the Mississippi minimum liability coverage. The premium estimates are based on no accidents, no driving violations, $250 deductibles, marital status is single, and no discounts are applied to the premium.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $250 Deductibles’, ‘Liability Only’],[‘Age 20’, 2887,977],[‘Age 30’, 1517,539],[‘Age 40’, 1495,501],[‘Age 50’, 1359,469],[‘Age 60’, 1315,461],[‘Age 70’, 1597,613]]);var options = {title: ‘Price Comparison of Full Coverage Versus Liability Only’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Mississippi’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

If averaged for all ages, physical damage insurance costs $1,695 per year more than just insuring for liability. That is a large expense which might make you wonder if buying full coverage is worth the money. There is no definitive guideline of when to eliminate physical damage coverage on your policy, but there is a broad guideline. If the yearly cost for physical damage coverage is 10% or more of the settlement you would receive from your company, then you might want to think about dropping full coverage.

The chart below shows how choosing a deductible can impact insurance prices when getting quotes for cheap insurance for single moms. The premium estimates are based on a single male driver, comp and collision included, and no discounts are factored in.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 4279,3893,3475,3085],[‘Age 30’, 2175,1999,1797,1605],[‘Age 40’, 2175,1983,1771,1569],[‘Age 50’, 1975,1807,1617,1435],[‘Age 60’, 1913,1749,1569,1397],[‘Age 70’, 2329,2141,1935,1743]]);var options = {title: ‘Impact of Higher Deductibles on Insurance Prices in Mississippi’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

As shown above, a 50-year-old driver could lower their policy premium by $358 a year by increasing from a $100 deductible to a $500 deductible, or save $540 by changing to a $1,000 deductible. Younger drivers, like the 20-year-old, could save $1,194 or more just by choosing larger deductibles.

If you do raise deductibles, it is a good idea to have additional savings on hand to be able to cover the extra out-of-pocket expense, which is the main disadvantage of using high deductibles.

Who has the cheapest insurance quotes for single parents?

Drivers have many ways to compare car insurance prices in Mississippi, but the most common methods are through an exclusive insurance agent such as Allstate or State Farm, an independent agent, or direct either online or via phone.

They all follow the same basic process, but they differ slightly in how they price policies.

Independent agents have contracts with many companies and can get rate quotes from all of them. These types of agencies possess the freedom to provide you with more rate quotes, which can help you get a better chance of finding cheaper coverage. If your premiums go up, they simply move your policy to a different company which makes it simple for you.

A captive or exclusive agent is restricted to a single insurance company, two popular examples being an Allstate or Liberty Mutual agent. Exclusive agents normally do not have the ability to provide other companys’ prices, so always compare other rates.

Buying from a direct company means do not use local insurance agents and instead shop from a direct company like Geico. Buying direct is good for families who do not need high amounts of coverage and know how car insurance works and possible exclusions.

So which way is best to buy cheap car insurance for single moms in Mississippi? It would be premature to say buying from a direct car insurance company saves money since it doesn’t require paying agent commissions, but that is generally not the case. An argument could also be made that buying car insurance from an independent agent guarantees the cheapest rates since they can quote with many companies, but that assumption is not true either. For some people, exclusive agents have very competitive rates that are the lowest in Mississippi.

Since car insurance prices vary so much, the best method to ensure the lowest rates is to compare rate quotes from as many companies as possible. The ideal approach is to get price quotes from all three to have enough rates to compare. For a list of car insurance companies with low rates, click here to view.

How to find more affordable car insurance for single moms

It is possible to find better rates, and here are some penny-pinching suggestions that can help you get cheaper coverage.

• Avoid at-fault accidents and claims
• Improve your credit
• Higher deductibles mean lower rates
• Try to remain claim-free
• Buying home and auto together can help save money
• Do not get traffic tickets
• Compare quotes from other companies often

The last item on the list is highly significant, as we discussed in the prior information. Prices can change significantly in a year, so drivers shouldn’t hesitate to buy from a different company if you find a better deal. Having brand loyalty is commendable, but it’s not a good idea if that faithfulness ends up costing you a lot of money. Take a few minutes and shop around and find cheaper car insurance for single moms.