Cheap Auto Insurance for High-Risk Drivers in Mississippi (Top 10 Low-Cost Companies for 2024)

The best cheap auto insurance for high-risk drivers in Mississippi are State Farm, USAA, and Travelers, each offering low rates for drivers with a higher risk profile from traffic citations, bad credit, or multiple claims.

By choosing one of these companies, high-risk drivers can secure affordable policies that meet Mississippi state auto insurance requirements without breaking the bank.

Our Top 10 Company Picks: Cheap Auto Insurance for High-Risk Drivers in Mississippi

High-risk auto insurance in Mississippi will have higher rates. Avoid expensive auto insurance premiums by entering your ZIP code above to see the cheapest quotes for you.

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#1 – State Farm: Top Overall Pick

Pros

• Cheap High-Risk Insurance: At just $33 a month, State Farm offers the most affordable rates for high-risk drivers in Mississippi. Get free quotes in our State Farm auto insurance review.
• Customizable Policies: State Farm provides a variety of coverage options that can be tailored specifically for high-risk drivers in Mississippi, ensuring they get the protection they need.
• Robust Discounts for Low Mileage: High-risk drivers in Mississippi can benefit from significant low-mileage discounts, making State Farm a cost-effective choice.

Cons

• Low Financial Ratings: State Farm has a B rating from A.M. Best, lower than every other Mississippi high-risk auto insurance company on this list.
• Limited Multi-Policy Discounts: Compared to industry competitors, State Farm offers more modest discounts for high-risk drivers in Mississippi who bundle multiple policies.

#2 – USAA: Cheapest for Military

Pros

• Exceptional Rates for Military: USAA offers specialized rates at $37 per month for military members who are high-risk drivers in Mississippi. Compare costs in our USAA insurance review.
• Top-tier Financial Stability: With an A++ rating from A.M. Best, USAA is a reliable choice for high-risk drivers in Mississippi seeking financially stable insurance.
• Tailored Services for Military Families: High-risk drivers in Mississippi who are military personnel receive customized services and support from USAA.

Cons

• Availability Limited to Military and Families: USAA’s services are exclusive to military members and their families, which limits access for many high-risk drivers in Mississippi.
• Mississippi Rate Increases: High-risk drivers might see their MS auto insurance rates go up after an accident or claim more than at other companies.

#3 – Travelers: Best Financial Stability

Pros

• High Financial Stability: With an A++ rating from A.M. Best, Travelers offers reliable coverage for high-risk drivers in Mississippi.
• Competitive Coverage Options: Travelers provides comprehensive insurance solutions tailored for high-risk drivers in Mississippi, ensuring thorough protection.
• Diverse Discount Opportunities: High-risk drivers in Mississippi can access various discounts, improving affordability. Delve into our evaluation of Travelers auto insurance review.

Cons

• Low Claims Satisfaction: Despite having fewer complaints overall, Travelers ranks below average for high-risk auto insurance claim satisfaction in Mississippi.
• Complex Policy Options: The wide array of options can be overwhelming and potentially costly for high-risk drivers in Mississippi who may not require extensive coverage.

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#4 – Progressive: Best for Flexible Payments

Pros

• Flexible Payment Options: Progressive allows high-risk drivers in Mississippi to choose from various payment plans. Pick yours in our Progressive insurance review.
• Strong Online Tools: High-risk drivers in Mississippi benefit from Progressive’s advanced online tools for easier policy management and claims handling.
• Low Rates for High-Risk Drivers: Progressive offers competitive pricing at $56 per month specifically for high-risk drivers in Mississippi, balancing cost with coverage.

Cons

• Rate Increases Over Time: High-risk drivers in Mississippi may experience rate hikes after the initial policy term with Progressive.
• Customer Service Variability: Some high-risk drivers in Mississippi report inconsistent customer service experiences with Progressive.

#5 – Nationwide: Cheapest Accident Forgiveness

Pros

• Accident Forgiveness: High-risk drivers in Mississippi can benefit from Nationwide’s accident forgiveness program, which can prevent rate increases after a first accident.
• Extensive Coverage Choices: Nationwide offers a wide range of insurance options catering to the specific needs of high-risk drivers in Mississippi. Learn more in our Nationwide review.
• Strong Financial Rating: With an A+ from A.M. Best, Nationwide is a financially robust choice for high-risk drivers looking for dependable coverage in Mississippi.

Cons

• Higher Monthly Premiums: At $66 per month, Nationwide high-risk car insurance is more expensive than at other Mississippi companies.
• Complexity in Policy Customization: While offering broad options, the customization process can be complex and daunting for some high-risk drivers in Mississippi.

#6 – Liberty Mutual: Cheapest Customizable Plans

Pros

• Highly Customizable Insurance Plans: Liberty Mutual provides a range of customizable options tailored to the diverse requirements of high-risk drivers in Mississippi.
• Dedicated Coverage for Various Risks: Offers specific policies that address the unique challenges faced by high-risk drivers in Mississippi. Compare options in our Liberty Mutual review.
• Discounts for Safe Driving: High-risk drivers in Mississippi who maintain a good driving record can avail themselves of discounts from Liberty Mutual.

Cons

• Premium Rates Vary Widely: The cost of customized plans can vary significantly, potentially making them expensive for some high-risk drivers in Mississippi.
• Claims Process: Some high-risk drivers in Mississippi have reported a less straightforward claims process with Liberty Mutual, affecting overall satisfaction.

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#7 – American Family: Best Customer Service

Pros

• Exceptional Customer Support: American Family is known for its strong customer service and personalized support to high-risk drivers in Mississippi. Read our AmFam insurance review for more.
• Discounts and Rewards for Safe Driving: High-risk drivers in Mississippi who improve their driving habits can benefit from various discounts and rewards offered by American Family.
• Comprehensive Coverage Options: Offers a range of coverage options that cater to the unique needs of high-risk drivers in Mississippi, ensuring thorough protection.

Cons

• Comparatively Higher Premiums: Despite offering quality service, American Family’s rates can be higher than some competitors for high-risk drivers in Mississippi.
• Limited Availability: American Family’s services and coverage options may not be as widely available in all areas of Mississippi, which could be a limitation for some high-risk drivers.

#8 – Farmers: Cheapest Comprehensive Policies

Pros

• Wide Range of Coverage: Farmers offers comprehensive insurance policies that are well-suited for high-risk drivers in Mississippi, providing extensive protection.
• Customizable Deductibles and Limits: High-risk drivers in Mississippi can tailor their deductibles and coverage limits at a cheaper rate with Farmers.
• Loyalty Discounts: Long-term high-risk customers in Mississippi earn loyalty discounts. Learn how in our review of Farmers auto insurance.

Cons

• Costly Premium Options: The comprehensive nature of some Farmers policies often comes with a higher price tag, which might be a concern for budget-conscious high-risk drivers in Mississippi.
• Complex Claims Process: Some high-risk drivers in Mississippi might find Farmers’ claims process to be more complex and time-consuming than expected.

#9 – Allstate: Cheapest With Discounts

Pros

• Variety of Discount Programs: High-risk drivers in Mississippi who qualify for discount programs can significantly lower premiums. Get a discount list in our Allstate auto insurance review.
• Innovative Tools and Resources: Allstate provides innovative tools and resources for policy management, which are particularly beneficial for high-risk drivers in Mississippi.
• Robust Financial Backing: With an A+ rating from A.M. Best, Allstate is known for its financial strength, providing reliable coverage for high-risk drivers in Mississippi.

Cons

• Expensive Without Discounts: Allstate high-risk insurance rates tend to be higher, which may deter some Mississippi drivers who don’t qualify for as many discounts.
• Policy Customization Constraints: While offering various options, the extent of policy customization might not meet the expectations of all high-risk drivers in Mississippi.

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#10 – Geico: Best Online Service

Pros

• Extensive Network of Repair Facilities: High-risk drivers in Mississippi benefit from Geico’s vast network of repair facilities. Learn more in our complete Geico auto insurance review.
• User-Friendly Mobile App: Geico’s mobile app enhances the insurance management experience for high-risk drivers in Mississippi, allowing for easy policy adjustments and claims filing.
• Quick Online Service: High-risk drivers in Mississippi can instantly file claims, update policies, or cancel coverage on the Geico website or mobile app.

Cons

• Expensive Rate Increases: Geico raises Mississippi high-risk auto insurance rates higher than other companies after an accident or citation.
• Customer Service Variability: Despite a generally positive reputation, some high-risk drivers in Mississippi report variability in the quality of customer service received from Geico.

Cheap Mississippi Insurance Rates for High-Risk Drivers

Compare insurance rates across different Mississippi high-risk auto insurance companies to balance cost with coverage. This table breaks down monthly premiums for both minimum and full coverage.

Mississippi High-Risk Auto Insurance Monthly Rates by Provider & Coverage Level

State Farm offers the most affordable minimum coverage at $33 per month and the cheapest full coverage car insurance at $89/month. It’s the cheapest provider for high-risk drivers who need comprehensive auto insurance coverage to meet lease or auto loan requirements.

On the higher end, Geico charges $86 for minimum coverage and escalates to $230 for full coverage, reflecting the insurer’s habit of raising rates exponentially after a high-risk event or claim.

Mississippi high-risk insurance premiums can vary significantly among companies based on several key factors. Opting for full coverage over minimum liability, for example, can significantly increase insurance costs.

• Age and Experience: Mississippi insurance companies consider teens and younger drivers under 25 to be high-risk and charge them the highest insurance rates.
• Driving Record: Incidents such as accidents, DUIs, and speeding tickets categorize drivers as high-risk, leading to higher premiums.
• Credit History: Mississippi insurers use credit history as an indicator of a driver’s risk, affecting their monthly rates.
• Vehicle Type: High-performance or luxury vehicles typically incur higher insurance rates due to the higher cost of repairs and replacement.

Where you live in Mississippi will also influence high-risk insurance costs. Living on the coast or in areas with high accident rates or vehicle thefts can lead to increased premiums. Understanding all the factors that affect auto insurance rates can help you find the cheapest car insurance in Mississippi for high-risk drivers.

Tips for Reducing Auto Insurance Costs for High-Risk Drivers

If you’re a high-risk driver in Mississippi, it’s surprisingly easy to lower your auto insurance rates with discounts that aren’t related to your driving history or credit score. Bundling multiple policies, insuring multiple vehicles, and paying insurance bills online can all reduce high-risk auto insurance costs.

Of course, maintaining a clean driving record is paramount. Avoiding accidents and traffic violations can lead to improved rates over time. Enrolling in defensive driving courses demonstrates to insurers a commitment to safe driving, often resulting in discounts.

Additionally, regularly reviewing and comparing Mississippi auto insurance quotes online ensures that drivers are not only getting competitive rates but also taking advantage of any new discounts or changes in state legislation that may benefit them.

Most MS insurance companies, including State Farm, give high-risk drivers free insurance quotes online. You can also compare policies and coverage levels with our free online tool above.

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Case Studies: Finding the Best Auto Insurance for High-Risk Drivers in Mississippi

These case studies illustrate how choosing the right car insurance company is crucial for high-risk drivers in Mississippi:

• Case Study #1 – Efficient Claims With State Farm: John, a high-risk driver with a history of speeding tickets, got into a minor accident. Despite his record, State Farm processed his claim efficiently, ensuring his vehicle was repaired quickly without a hike in his premium.
• Case Study #2 – Military Precision With USAA: Sarah, an active-duty military member stationed in Mississippi, experienced a hit-and-run. USAA’s comprehensive coverage for high-risk drivers allowed her to quickly manage repairs and claim processes without financial stress.
• Case Study #3 – Nationwide for Multiple Incidents: Mark, known for multiple at-fault accidents, found his perfect match with Travelers and a policy that provided accident forgiveness, preventing his rates from skyrocketing after another fender bender.

These scenarios showcase the importance of selecting the best auto insurance company that can offer tailored solutions and dependable support for high-risk drivers, ensuring they receive adequate coverage and assistance when needed.

Best High-Risk Auto Insurance Providers in Mississippi

State Farm and USAA stand out with cheap auto insurance for high-risk drivers in Mississippi. State Farm has the lowest monthly rates for both minimum and full coverage. USAA, exclusive to military members and their families, offers exceptional service and competitive rates, reflecting its strong customer loyalty and satisfaction.

Travelers and Progressive are also notable as the cheapest auto insurance companies for high-risk drivers in Mississippi, catering well to the specific needs of high-risk drivers.

Texting is one of the most dangerous driving distractions, but it’s not the only one. Here are 7 other common distractions and tips to help increase your safety behind the wheel. https://t.co/asmWuQT716

— State Farm (@StateFarm) April 24, 2023

Each of these companies brings unique benefits, such as discounts, customizable policies, and strong financial stability, ensuring that high-risk drivers have access to reliable and affordable insurance solutions tailored to their needs. Enter your ZIP code into our free quote tool to find the best MS auto insurance providers for your needs and budget.

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