$1,789
Avg. Auto Insurance/Year
1% above national avg
$2,345
Avg. Home Insurance/Year
29% above national avg
#20
Cost Ranking (Most Expensive)
25/50/25
Minimum Liability Required
📰 For Journalists & Bloggers:
You may cite this data with attribution to InsureCompare.
Citation: "According to InsureCompare's 2025 State Insurance Rate Report,
the average Mississippi driver pays $1,789 annually for car insurance,
which is 1% above the national average."
Source: InsureCompare.com
How Mississippi Compares to National Average
Auto Insurance
Mississippi: $1,789 vs National: $1,771
Home Insurance
Mississippi: $2,345 vs National: $1,820
Mississippi Minimum Insurance Requirements
| Coverage Type |
Minimum Required |
Recommended |
| Bodily Injury (per person) |
$25k |
$100k+ |
| Bodily Injury (per accident) |
$50k |
$300k+ |
| Property Damage |
$25k |
$100k+ |
Cheapest Car Insurance Companies in Mississippi
| Company |
Avg. Annual Rate |
vs State Avg |
| GEICO |
$1,466 |
-18% |
| USAA (Military) |
$1,341 |
-25% |
| Progressive |
$1,574 |
-12% |
| State Farm |
$1,699 |
-5% |