State Farm offers the cheapest minimum coverage in Mississippi for low-income adults and drivers with speeding tickets, DUI or accidents. Progressive is the most affordable for young drivers and seniors, while Direct General has the best rates for drivers with poor credit.
Cheapest Low-Income Car Insurance in Mississippi
Updated: February 5, 2025
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Key Takeaways
While Mississippi doesn't have a low-income car insurance program, affordable plans are available to meet the state's minimum coverage requirements.
For most low-income drivers, the cheapest options include State Farm, Mississippi Farm Bureau, Progressive and Direct General.
Low-income drivers can save significantly on car insurance costs by comparing providers and exploring discounts.
Cheapest Car Insurance Companies for Low-Income Drivers in Mississippi
| Progressive | Young Drivers | $30 |
| State Farm | Adults | $27 |
| Progressive | Seniors | $23 |
| State Farm | Drivers With a Speeding Ticket | $30 |
| State Farm | Drivers With a DUI | $30 |
| State Farm | Drivers With an Accident | $34 |
| Direct General | Bad Credit | $37 |
*All rates in this table, except for adults, are based on a modified profile of a 40-year-old driver with good credit and a clean record insuring a 2012 Toyota Camry. The age ranges are 22 to 29 for young drivers, 30 to 59 for adults and 60+ for seniors.
Compare Cheap Low-Income Car Insurance Providers
Use the table below to find the most affordable car insurance for your driving profile and coverage needs.
Data filtered by:Results filtered by:
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Age Range:30-59
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Driving Record:Clean
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Credit Score:Good
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Coverage Level:State Minimum Liability Only
| State Farm | $27 | $320 |
| Mississippi Farm Bureau | $27 | $320 |
| Direct General | $28 | $339 |
| Nationwide | $33 | $401 |
| Progressive | $36 | $429 |
Cheapest Car Insurance for Families With Low Income in Mississippi
Progressive offers the cheapest auto insurance for low-income families in Mississippi: $22 for married couples with a teen, $109 for single parents with a teen and $33 for those adding a spouse without a teen.
Data filtered by:Results filtered by:
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Family Type:Married Couple with Teen
| Progressive | $265 | $22 |
| Nationwide | $848 | $71 |
| State Farm | $867 | $72 |
| Allstate | $868 | $72 |
| Travelers | $994 | $83 |
| GEICO | $1,254 | $104 |
*Rates for couples and single parents with teens apply to a 16-year-old driver. Those for a married couple without children are based on a 40-year-old male with good credit and a clean driving record.
Tips to Save On Car Insurance for Low-Income Drivers
Here are some ways to lower your premiums in Mississippi:
- 1
Choose minimum coverage
Minimum coverage is often the least expensive way to fulfill legal obligations. It offers basic protection but may not cover all costs if you're at fault in an accident.
- 2
Compare quotes
Getting quotes from various insurers helps you find the most affordable option. Explore provider websites, independent brokers, agents and online comparison tools for a thorough comparison.
- 3
Look for discounts
Insurers offer discounts for good students, clean driving records and military service. Completing a defensive driving course might provide a discount, potentially saving 10% on premiums.
- 4
Increase your deductible
Opting for a higher deductible on collision or comprehensive coverage can reduce your premium. Be sure you can afford it if you need to make a claim.
- 5
Consider pay-per-mile insurance
Pay-per-mile insurance works for low-mileage drivers by combining a low base rate with a per-mile fee, charging only for the miles driven.
- 7
Get a cheaper car
A car's make, model and year impact insurance costs. Selecting a cheaper car to insure, like an older vehicle, can reduce premiums significantly.
Minimum Car Insurance Requirements in Mississippi
Mississippi drivers need to meet these minimum car insurance requirements:
- $25,000 in bodily injury liability per person
- $50,000 in bodily injury liability per accident
- $25,000 in property damage liability
If you're leasing or financing a vehicle, you'll need a split of 100/300/100 liability coverage along with comprehensive and collision protection.
WHY MINIMUM COVERAGE MAY NOT BE RIGHT FOR YOU
Minimum car insurance pays for the other driver's costs when you cause a crash. But it doesn't cover your car's repairs or legal bills. If you drive often and have the budget, consider getting higher coverage for better protection.
Cheap Low-Income Car Insurance in Mississippi: Bottom Line
State Farm offers the cheapest car insurance for most low-income drivers in Mississippi, including high-risk drivers with a speeding ticket, DUI or accident. Direct General is a great choice for drivers with poor credit. Compare multiple providers using different channels to find the best option.
Low-Income Auto Insurance in Mississippi: FAQ
Finding affordable car insurance is tough for low-income drivers. Here are answers to common questions on saving money.
What is the cheapest car insurance for low-income drivers in Mississippi?
Minimum coverage is often the cheapest choice for low-income drivers but may not be an option if your vehicle is financed or leased. State Farm offers Mississippi's lowest minimum coverage rate at $27 monthly, and Direct General provides the cheapest full coverage at $67.
Does Mississippi have a state-supported low-income car insurance program?
Mississippi has no program for providing low-income drivers with affordable car insurance.
Does your income affect the cost of car insurance in Mississippi?
Income doesn't directly affect Mississippi's car insurance premiums. Factors such as driving history, vehicle type and coverage level matter more.
How We Chose the Cheapest Car Insurance for Low-Income Drivers
Study Overview
MoneyGeek analyzed Mississippi auto insurance rates using data from the Mississippi Insurance Department and Quadrant Information Services.
Data Acquisition, Depth and Analysis
MoneyGeek reviewed 328,384 quotes from 14 companies across 370 ZIP codes to find the average cost of car insurance for low-income drivers in Mississippi.
Sample Driver Profile
We used a sample driver profile with the following attributes to determine average car insurance rates for low-income drivers in Mississippi:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
To determine rates for specific driver profiles, we adjusted factors like age, family status, driving history and credit standing.
Our study defines seniors as 60 or older, young drivers as 22 to 29 and adults as 30 to 59. Married couples with a child include 40-year-old male and female drivers with a 16-year-old teen. Single parents with children are 40-year-old male or female drivers with a 16-year-old teen.
Coverage Levels and Deductibles
Our data shows rates for state minimum coverage, which follows the requirements set by Mississippi law and offers affordable options for low-income drivers.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.